Global 6G Market Size is valued at USD 7.47 Bn in 2030 and is predicted to reach USD 159.54 Bn by the year 2035 at a 127.1% CAGR during the forecast period for 2031-2035.
6G, the sixth generation of mobile communication technology, is yet to be standardized, and its exact specifications are unknown. Several factors impact the 6G market, such as technological advancements, the growing demand for fast and reliable connectivity, the emergence of smart cities and the (IoT), and the expansion of data-driven applications and services. The 6G market drivers also need improved security, higher bandwidth, lower latency, and better energy efficiency.
Moreover, the development of innovative applications and use cases, including telemedicine, autonomous vehicles, and virtual and augmented reality, is projected to fuel the growth of the 6G market. The need for more standardization in 6G technology poses a significant challenge that may hinder interoperability between various networks and devices.
However, the high cost associated with developing and deploying 6G infrastructure could also slow its adoption and restrict its accessibility, particularly in developing nations. Additionally, based on the projected trends and technological advancements, it is good to assume that they incorporate various features and technologies such as (IoT), (AI), and (VR/AR). These applications are expected to be supported by 6G networks, which are predicted to have more advanced capabilities than their previous generations.
The 6G market is segmented based on devices, communication infrastructure and end users. Based on devices, the market is segmented as mobile devices, IoT and edge-computing devices, networking devices and others. The market is bifurcated by communication infrastructure into wireless infrastructure and fixed infrastructure. Based on end users, the 6G market is segmented as consumer applications and industrial and enterprise.
The consumer applications category will hold a major share of the global 6G market in 2022. The 6G mobile communication technology would improve access to vital information, resources (both physical and digital), and social services without time constraints. The broad adoption of this technology would provide alternatives to rural migration and metro-driven urbanization, eliminating differences in regional infrastructure, social conditions, and economic opportunities.
The communication infrastructure segment is projected to grow rapidly in the global 6G market. The patterns of earlier generations, which introduced novel services with the implementation of new technology, will continue with the 6G system. Among the new services are AI, smart wearables, implants, driverless cars, augmented reality gadgets, sensing, and 3D mapping. The crucial requirement for 6G wireless networks is managing large amounts of data and providing high-data-rate connections per device.
The North America 6G market is expected to register the highest market share. The significant presence of key players, government initiatives, and various other factors drive growth in this region. The US is leading the way in advancing the latest communication technology wave. In addition, the Asia Pacific regional market is projected to grow rapidly in the global 6G market. The area is witnessing growth owing to the increasing significance of satellite communication and advancements in this field.
China's launch of the first 6G test satellite has significantly increased market demand. Moreover, India's Minister of Communication has announced their plans to introduce 6G technology by 2024. The availability of a higher frequency spectrum has made it possible for 6G networks to offer high-speed network access.
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Report Attribute |
Specifications |
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Market size value in 2030 |
USD 7.47 Bn |
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Revenue forecast in 2035 |
USD 159.54 Bn |
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Growth rate CAGR |
CAGR of 127.1% from 2031 to 2035 |
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Quantitative units |
Representation of revenue in US$ Billion, and CAGR from 2031 to 2035 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2031-2035 |
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Report coverage |
The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends |
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Segments covered |
Devices, Communication Infrastructure And End Users |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia |
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Competitive Landscape |
Apple Inc., Nokia Corporation, AT&T Inc., T-Mobile US, Inc., Verizon Communications Inc., Intel Corporation, Huawei Technologies Co., Ltd., LG Corporation, Cisco Systems, Inc., and Sony Corporation, among others. |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global 6G Market Snapshot
Chapter 4. Global 6G Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Device Estimates & Trend Analysis
5.1. by Device & Market Share, 2030 & 2035
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2030 to 2035 for the following by Device:
5.2.1. Mobile Devices
5.2.2. IoT and Edge-Computing Devices
5.2.3. Networking Devices
5.2.4. Others
Chapter 6. Market Segmentation 2: by Communication Infrastructure Estimates & Trend Analysis
6.1. by Communication Infrastructure & Market Share, 2030 & 2035
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2030 to 2035 for the following by Communication Infrastructure:
6.2.1. Wireless Infrastructure
6.2.1.1. Mobile Cellular
6.2.1.2. Mobile Broadband
6.2.2. Fixed Infrastructure
Chapter 7. Market Segmentation 3: by Application Estimates & Trend Analysis
7.1. by Application & Market Share, 2030 & 2035
7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2030 to 2035 for the following by Application:
7.2.1. Consumer Applications
7.2.1.1. Mobile
7.2.1.2. M2M
7.2.1.3. Computing
7.2.2. Industrial and Enterprise
7.2.2.1. Industry 4.0
7.2.2.2. Smart City and Urban infrastructure
7.2.2.3. eHealthcare
7.2.2.4. Autonomous Vehicle
7.2.2.5. Others
Chapter 8. 6G Market Segmentation 4: Regional Estimates & Trend Analysis
8.1. North America
8.1.1. North America 6G Market Revenue (US$ Million) Estimates and Forecasts by Device, 2031-2035
8.1.2. North America 6G Market Revenue (US$ Million) Estimates and Forecasts by Communication Infrastructure, 2031-2035
8.1.3. North America 6G Market Revenue (US$ Million) Estimates and Forecasts by Application, 2031-2035
8.1.4. North America 6G Market Revenue (US$ Million) Estimates and Forecasts by country, 2031-2035
8.2. Europe
8.2.1. Europe 6G Market Revenue (US$ Million) Estimates and Forecasts by Device, 2031-2035
8.2.2. Europe 6G Market Revenue (US$ Million) Estimates and Forecasts by Communication Infrastructure, 2031-2035
8.2.3. Europe 6G Market Revenue (US$ Million) Estimates and Forecasts by Application, 2031-2035
8.2.4. Europe 6G Market Revenue (US$ Million) Estimates and Forecasts by country, 2031-2035
8.3. Asia Pacific
8.3.1. Asia Pacific 6G Market Revenue (US$ Million) Estimates and Forecasts by Device, 2031-2035
8.3.2. Asia Pacific 6G Market Revenue (US$ Million) Estimates and Forecasts by Communication Infrastructure, 2031-2035
8.3.3. Asia-Pacific 6G Market Revenue (US$ Million) Estimates and Forecasts by Application, 2031-2035
8.3.4. Asia Pacific 6G Market Revenue (US$ Million) Estimates and Forecasts by country, 2031-2035
8.4. Latin America
8.4.1. Latin America 6G Market Revenue (US$ Million) Estimates and Forecasts by Device, 2031-2035
8.4.2. Latin America 6G Market Revenue (US$ Million) Estimates and Forecasts by Communication Infrastructure, 2031-2035
8.4.3. Latin America 6G Market Revenue (US$ Million) Estimates and Forecasts by Application, 2031-2035
8.4.4. Latin America 6G Market Revenue (US$ Million) Estimates and Forecasts by country, 2031-2035
8.5. Middle East & Africa
8.5.1. Middle East & Africa 6G Market Revenue (US$ Million) Estimates and Forecasts by Device, 2031-2035
8.5.2. Middle East & Africa 6G Market Revenue (US$ Million) Estimates and Forecasts by Communication Infrastructure, 2031-2035
8.5.3. Middle East & Africa 6G Market Revenue (US$ Million) Estimates and Forecasts by Application, 2031-2035
8.5.4. Middle East & Africa 6G Market Revenue (US$ Million) Estimates and Forecasts by country, 2031-2035
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles
9.2.1. Apple Inc
9.2.2. AT&T Inc.
9.2.3. Cisco Systems, Inc.
9.2.4. Google LLC
9.2.5. Huawei Technologies Co., Ltd.
9.2.6. Intel Corporation
9.2.7. LG Corporation
9.2.8. MediaTek Inc.
9.2.9. Nippon Telegraph and Telephone Corporation
9.2.10. Nokia Corporation
9.2.11. Samsung Electronics Co., Ltd.
9.2.12. SK Telecom
9.2.13. Sony Corporation
9.2.14. Telefonaktiebolaget LM Ericsson
9.2.15. T-Mobile US, Inc
9.2.16. Verizon Communications Inc
9.2.17. ZTE Corporation
9.2.18. Other Prominent Players
6G Market By Device
6G Market By Communication Infrastructure
6G Market By End Users
6G Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
