The number of internet-connected devices is set to explode as consumer electronics makers exploit the opportunity opened up by the recent rollout of Internet Protocol version 6 (IPv6). The new standard gives the internet more room for growth by making available trillions of new IP addresses.
The expected jump in the number of internet-enabled consumer electronic and mobile devices has the potential to throw open a fresh growth opportunities for mobile advertising and media companies, as well as consumer electronics companies, bringing in its wake a new wave of consumerization of technology. An example would be smart TVs that have already hit the market, and connected refrigerators that can place their own orders when stocks of milk and other supplies run low.
Alongside, wireless carriers and network equipment makers now have to prepare for increased demand for data from mobile and other always-on gadgets, leading to more investment in related technologies and infrastructure. All this will create a vast market for app makers and security software makers.
However, a big area of concern for the early adopters would be the headstart that hackers have got on the new protocol and how fast their own IT teams can close their knowledge gap in the new standard. Companies will therefore need to upgrade their security software and applications quickly to make use of the new opportunities thrown up by IPv6.
The rollout has removed an overhang on the Internet's growth prospects, bringing closer to reality a world where everything and everyone is seamlessly connected, always.