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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The global 6G market is segmented on the deployment device, application, and industry verticals. Based on the deployment device mode, the market is sub-segmented into smartphones, tablets, wearables, IoT devices, and others (laptops & computers). Based on the application, the market is sub-segmented into distributed sensing and communication, blockchain, multisensory extended reality systems, and connected robotics and autonomous systems. Further, on the basis of industry verticals, the market is sub-segmented into agriculture, healthcare, education, entertainment, automotive, public safety, manufacturing, and others. Among the deployment device, the smartphone sub-segment is anticipated to hold a considerable share of the market owing to the rise in smartphone users as smartphones are offering innovative and creative designs and features, also smartphones offer ultra-fast downloading speed on mobile phones and streaming of ultra-high-definition content. Furthermore, With better data speeds, lower latency, and increased network capacity, 6G technology intends to revolutionize smartphone capabilities in response to the growing need for quicker and more dependable connectivity. By doing so, customers are able to enjoy seamless connectivity and fully use new smartphone features like augmented reality, virtual reality, and artificial intelligence. As a result, the smartphone market is anticipated to expand significantly and become increasingly important.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
lobal 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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