Global IPv6 market to grow 127.6 billion units by 2030

The global market for Internet Protocol Version 6 (IPv6) is estimated at 34.3 Billion Units in 2023 and is projected to reach 127.6 Billion Units by 2030, growing at a CAGR of 20.6% from 2023 to 2030, according to Research and Markets.

The drive towards widespread adoption of IPv6 is fueled by a combination of regulatory, technological, and market factors. Government policies worldwide are increasingly mandating or advocating for IPv6 adoption to bolster national cybersecurity infrastructures and support the myriad of internet-connected devices. The exponential growth of IoT, which necessitates an extensive pool of IP addresses, the expansion of mobile telecommunications, and the increasing reliance on cloud computing solutions all underline the need for IPv6.

Moreover, initiatives aimed at developing smart cities and enhancing Content Delivery Networks (CDNs) leverage IPv6 to manage large numbers of connected devices and streamline internet content delivery, respectively. End-user demand for improved performance and enhanced security in response to rising cyber threats, along with pressure from application developers who require robust, real-time data transfer capabilities, further drives the transition to IPv6.

These diverse drivers collectively underscore the ongoing shift towards IPv6, highlighting its pivotal role in shaping a more connected and efficient digital future. Research and Markets