Albany, NY -- (SBWire) -- 02/07/2018 --Internet Protocol (IP) addresses are assets to an organization and must be managed properly. Management of IP addresses includes tracking, planning, and managing the internet protocol address space present in a network. IPAM refers to an IT discipline including monitoring, auditing, and centralized management of IP address spaces and use of subnet. IP addresses are critical resources that need to be managed if the network is to function efficiently. Every networked device and application including networked printers, file storage, e-mail, and web connectivity largely depends on IP, implying that they require address management. IPAM tools are becoming important with new IPv6 networks positioned with larger address pools, which have diverse sub netting techniques and more difficult 128-bit hexadecimal numbers. Internet protocol address management helps in tracing and modifying the information related to the Internet Protocol (IP) address in a network.

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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. Organizations are focusing on the use of dynamic IP address management solutions in order to cater to the wider applications of the IP space. IP address management enhances the simplicity of operation, which is a key factor that drives market expansion. Moreover, superior IP address management is required for products such as IP recorders, RFID tags, IP phones, and video conferencing equipment.

The accelerated use of such IP-based products is encouraging the global internet protocol address management (IPAM) market. It facilitates communication service providers to move to IPv6 and manage resources and growth strategy. It is employed to precisely model the domains, networks, subnet assignments, and IP addresses. Many organizations are depending on IP-based networks for business operations since the market is experiencing a fast transition or shift from circuit switched networks to packet switched networks. IPAM enables the user to forecast and track the IP address utilities

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The licensing and maintenance of IP addresses 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.

The internet protocol address management market can be segmented on the basis of enterprise size and geography. Market on the basis of enterprise size can be segmented into small and medium sized enterprises and large enterprises. Geographical segmentation of the market includes North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America. Emerging economies in the Asia Pacific region such as China, India, and South Korea are anticipated to witness surge in growth of the Internet protocol address management (IPAM) market. 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 the internet protocol address management (IPAM) market in this region.
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Companies are developing dynamic IP address management solutions to efficiently manage this wider application base of the IP space. Key players in the internet protocol address management market include BT Diamond IP, Alcatel Lucent, Bluecat Network, BT INS, Crypton Computers Ltd., Cisco Systems, Infoblox, and Men & Mice.