The steps taken to make IPv4 addresses available for longer would only delay the inevitable depletion of the available resources. Therefore, in the year 1998, the Internet Engineering Task Force initiated an alternative to IPv4 in IPv6. Made to tackle the issue of the long-term scarcity of Internet Protocol Version 4 addresses, IPv6 not only simplifies address assignment processes but also offers more addresses and features for network security.
While the deployment of IPv6 might have been taking place since the middle of the 2000s, it is in the premature phases of deployment even today. In 2012, major internet service providers, web companies and networking equipment producers worldwide promised to enable IPv6 on a permanent basis for their goods and services. Since then, the IPv6 adoption process has started increasing considerably across the world.
In 2011, up to about 26% of traditional computing systems supported IPv6, whereas just 0.2% preferred it. On the other hand, only a fraction of the world’s top million sites was IPv6 accessible back then.
Native IPv6 use reached about 5% in early 2015, as measured through connectivity among Google’s users, but it reached 20% three years later, and 33% by October last year.
Nonetheless, IPv6 necessitates a considerable investment of financial resources, and it poses incompatibility problems with IPv4 since each IP version differently defines the address format. The thing with IPv6 is that it does not enable direct communication between IPv6 hosts and IPv4 hosts. Therefore, it takes special gateway solutions to make the communication possible. Nowadays, IPv6 and IPv4 are in use at the same time.
IPv6 transition is a process that can only occur over a long period. The adoption of IPv6 being delayed means that Internet Protocol version 4 addresses not only have a value over a long time but are also increasingly important for companies seeking to grow.
There is an IPv4 scarcity that we cannot instantly solve through IPv6 alone. Nevertheless, the requirement for the former addresses amid the scarcity has inspired certain solutions and given birth to the lease market.
With the demand for the addresses still being high, the appearance of the said market is a way to solve the present IPv4 shortage. The IP resources have turned into a tradeable product in the present market climate, offering IPv4 owners monetization opportunities. That means as their owner, you can lease IP addresses for revenue from it.