6G market is anticipated to grow at a CAGR of 40.2% during the forecast period (2023-2030). 6G is referred for the sixth generation of cellular networks, which will provide real wireless intelligence. It will make it possible to move freely in the cyber-physical continuum, between the connected physical world of senses, actions, and experiences, and its programmable digital representation. Various types of technology that will be required to deliver 6G use cases include zero-energy sensors and actuators; next-generation augmented reality (AR) glasses, contact lenses, and haptics. The growing adoption of smartphones coupled with the improving communication network is the key factor supporting the growth of the market globally. According to the Pew Research Center, as of May 2023, there are around 6.84 billion smartphone users across the globe. Additionally, owing to the availability of high-speed internet connectivity has further propelled the usage of smartphones. For instance, in June 2023 China claims world-first 6GHz allocation for 5G, 6G. China’s authorities allocated spectrum in the 6GHz frequency band for 5G and 6G services, asserting it was the first country to reserve the resource expected by the mobile industry to enable future connectivity.
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Manufacturing industries are about to go through a considerable transition as a result of the introduction of 6G technology. Automation, communication, and data sharing are all improved thanks to the incorporation of 6G networks, which completely transform production processes. Interoperability between systems, devices, and equipment will be made possible through this industry. Utilizing 6G networks will make it easier to monitor and manage production processes in real-time, maximizing product efficiency, cutting down on downtime, and raising overall productivity.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
global 6G Market Report Segment
By Deployment Device
- Smartphone
- Tablets
- Wearables
- IOT Devices
- Others (Laptops & Computers)
By Application
- Distributed Sensing and Communication
- Blockchain
- Multisensory Extended Reality System
- Connected Robotics and Autonomous
By Industry Vertical
- Agriculture
- Education
- Healthcare
- Entertainment
- Automotive
- Public Safety
- Manufacturing
- Others (Aerospace & Defense, Transportation, Financial Services)
Global 6G Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global 6G market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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