The global Internet Protocol Address Management (IPAM) market is expected to witness high growth prospects over the forecast period owing to rapid proliferation of IP-enabled devices and growth in migration of IP addresses from IPv4 to IPv6. Internet protocol address management facilitates in tracing and modifying the information related with the Internet Protocol (IP) address in a network. Network administrators use Internet Protocol Address Management technique to determine and modify a variety of details in a network. It assists in improving the effectiveness, efficiency, and availability of the IT infrastructure and helps in reducing operational expenditures. The Internet Protocol Address Management (IPAM) techniques lead to speedy and more accurate provisioning of Domain Name Server/Dynamic Host Configuration Protocol (DNS/DHCP) service protocols. DNS/DHCP services provide automated assignment of IP address and host name lookup enables speedy and easy service delivery to the business. The automatic allocation of internet protocol address reduces the complexity of the operation. The Internet Protocol Address Management (IPAM) market is experiencing market augmentation due to integration of cloud-based services & applications with network devices. The transition of circuit switched networks to IP-based networks is occurring at a faster rate globally. As a result, many organizations are becoming dependant on IP-based networks since they enable faster transfer of voice, video, and data. Internet Protocol Address Management (IPAM) solutions help companies to overcome the risks of security, reliability, and downtime that are associated with the IP-based networks. The IPAM market has gained momentum since it addresses the problems of lengthy addresses, larger address pools, and different sub-netting techniques. Managing the Internet Protocol Version (IPv6) with manual methods has become difficult and cumbersome for the organizations. In order to overcome these problems, organizations are implementing Internet Protocol Address Management (IPAM) solutions.
Companies require IP address for devices such as wireless communication devices, mobile computers, IP telephony, point of sale devices, and virtual machines thus increasing the number of IP addresses considerably. In order to cater to the wider applications of IP space, the organizations are focusing on the use of dynamic IP address management solutions. IP address management enhances the simplicity of operation, which is a key factor that drives the market expansion. Moreover, superior IP address management is required for products such as RFID tags, IP phone, IP recorder, and video conferencing equipment. The accelerated use of such IP-based products is spurring the global Internet Protocol Address Management (IPAM) market. It facilitates the communication service providers with transition to IPv6 and management of resources and growth strategy. It is employed to precisely model the domains, networks, subnet assignments, and IP addresses. Many organizations for business operations are depending on IP-based networks since the market is experiencing a fast transition or shift from the circuit switched networks to packet switched networks. Internet Protocol Address Management (IPAM) enables the user to forecast and track the IP address utilities.
The licensing and maintenance of IP address could be a challenge and thus hinder the growth of the Internet Protocol Address Management (IPAM) market. Installation of these modules is specifically possible on standalone servers since installation on domain controllers gives rise to compatibility issues. Moreover Internet Protocol Address Management (IPAM) fails to check the IP address consistency of ethernet devices such as routers and switches. In addition, it does not support configuration and management of the widely used non-Microsoft network elements and the external databases, which are expected to hamper the growth of the market.
Emerging economies from the Asia Pacific region, especially China, India, and Korea are expected to witness surge in growth of the Internet Protocol Address Management (IPAM) market. The carriers and service providers in this region are offering integrated services by turning to convergent networks and increasing operational efficiency. Moreover, availability of cost-efficient computer programmers has propelled the expansion of Internet Protocol Address Management (IPAM) market in this region. North America is estimated to witness a surge in the market development owing to strong telecommunications network and improved infrastructure.
The key market players in Internet Protocol Address Management (IPAM) market are Alcatel Lucent, Bluecat Network, BT Diamond IP, BT INS, Cisco Systems, Crypton Computers Ltd., Infoblox, and Men & Mice.
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