6G Market
6G Market Size, Share & Trends Analysis Report by Deployment Device (Smartphones, Tablets, Wearables, IOT Devices, and Others), by Application (Distributed Sensing and Communication, Blockchain, Multisensory Extended Reality Systems, and Connected Robotics and Autonomous Systems), and by Industry Vertical (Agriculture, Healthcare, Education, Entertainment, Autonomous, Public Safety, Manufacturing, and Others), Forecast Period (2023-2030) Update Available - Forecast 2024-2030
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.
Segmental Outlook
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.
The Manufacturing Sub-Segment is Anticipated to Hold a Considerable Share of the Global 6G Market
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.
Regional Outlook
The global 6G market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America. Among these, North America is anticipated to hold a prominent share of the market across the globe, owing to the high concentration of the market solution vendors including Google LLC, Huawei Technologies Co. Ltd, Samsung Electronics, AT&T Inc., Cisco Systems, Inc., Nokia Corporation, Qualcomm Technologies Inc., and others.
Global 6G Market Growth, by Region 2023-2030
The Asia-Pacific Region is Expected to Grow at a Significant CAGR in the Global 6G Market
Among all regions, the Asia-Pacific region is anticipated to grow at a considerable CAGR over the forecast period. Regional growth is attributed to economic developments and technological enhancements. Countries including India and China are the most populous countries across the globe making them countries with the highest smartphone population too. In a day, Indian population approximately spends 210 minutes on their smartphones using internet for watching online content or playing online games. Furthermore, government support and investments in infrastructure development are driving the growth in the region. For instance, in March 2023, the government of India unveiled a national “6G” project with the aim of launching this technology by 2030. The government has appointed a council to oversee the project and focus on issues such as standardization, identification of suitable spectrum for 6G, create an ecosystem for devices and systems, among other things.
Market Players Outlook
The major companies serving the 6G market include includes Google LLC, Huawei Technologies Co. Ltd, Samsung Electronics, AT&T Inc., Cisco Systems, Inc., Nokia Corporation, Qualcomm Technologies Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, For instance, in June 2022, NTT DOCOMO, INC. (DOCOMO), Nippon Telegraph, and Telephone Corporation (NTT) collaborated with a key mobile technology vendors including Fujitsu, NEC, and Nokia to conduct experimental trials of new mobile communications technologies for the targeted commercial launch of 6G services by around 2030.
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.
1. Report summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. AT&T Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Huawei Technologies Co. Ltd.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Samsung Electronics
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global 6G Market by Deployment Device
4.1.1. Smartphones
4.1.2. Tablets
4.1.3. Wearables
4.1.4. IOT Devices
4.1.5. Others(Laptop and Computer)
4.2. Global 6G Market by Application
4.2.1. Distributed Sensing and Communication
4.2.2. Blockchain
4.2.3. Multi-Sensory Extended Reality System
4.2.4. Connected Robotics and Autonomous
4.3. Global 6G Market by End User
4.3.1. Agriculture
4.3.2. Healthcare
4.3.3. Education
4.3.4. Entertainment
4.3.5. Automotive
4.3.6. Public Safety
4.3.7. Manufacturing
4.3.8. Others (Aerospace & Defense, Transportation, Financial Services)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Apple Inc.
6.2. Broadcom, Inc.
6.3. Cisco Systems, Inc.
6.4. Google LLC
6.5. Intel Corp.
6.6. LG Electronics Inc.
6.7. Nokia Corp.
6.8. NTT DOCOMO, Inc.
6.9. OrangeHRM Inc.
6.10. Qualcomm Technologies, Inc.
6.11. Reliance Jio Infocomm Ltd.
6.12. Telefonaktiebolaget LM Ericsson
6.13. Verizon Communications Inc.
6.14. ZTE Corp.
1. GLOBAL 6G MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT DEVICE, 2022-2030 ($ MILLION)
2. GLOBAL 6G ON SMARTPHONES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL 6G ON TABLETS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL 6G ON WEARABLES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
5. GLOBAL 6G ON IOT DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL 6G ON OTHER DEPLOYMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL 6G MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
8. GLOBAL 6G FOR DISTRIBUTED SENSING AND COMMUNICATION MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
9. GLOBAL 6G FOR BLOCKCHAIN MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
10. GLOBAL 6G FOR MULTISENSORY EXTENDED REALITY SYSTEM MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
11. GLOBAL 6G FOR CONNECTED ROBOTICS AND AUTONOMOUS MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
12. GLOBAL 6G MARKET RESEARCH AND ANALYSIS BY END-USER 2022-2030 ($ MILLION)
13. GLOBAL 6G FOR AGRICULTURE MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
14. GLOBAL 6G FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
15. GLOBAL 6G FOR EDUCATION MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
16. GLOBAL 6G FOR ENTERTAINMENT MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
17. GLOBAL 6G FOR AUTOMOTIVE MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
18. GLOBAL 6G FOR PUBLIC SAFETY MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
19. GLOBAL 6G FOR MANUFACTURING MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
20. GLOBAL 6G FOR OTHER END-USERS MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
21. GLOBAL 6G MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
22. NORTH AMERICAN 6G MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
23. NORTH AMERICAN 6G MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT DEVICES, 2022-2030 ($ MILLION)
24. NORTH AMERICAN 6G MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
25. NORTH AMERICAN 6G MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
26. EUROPEAN 6G MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
27. EUROPEAN 6G MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT DEVICES, 2022-2030 ($ MILLION)
28. EUROPEAN 6G MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
29. EUROPEAN 6G MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
30. ASIA- PACIFIC 6G MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
31. ASIA- PACIFIC 6G MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT DEVICE, 2022-2030 ($ MILLION)
32. ASIA- PACIFIC 6G MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
33. ASIA- PACIFIC 6G MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
34. REST OF THE WORLD 6G MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
35. REST OF THE WORLD 6G MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT DEVICE, 2022-2030 ($ MILLION)
36. REST OF THE WORLD 6G MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
37. REST OF THE WORLD 6G MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
1. GLOBAL 6G MARKET SHARE BY DEPLOYMENT DEVICE, 2022 VS 2030 (%)
2. GLOBAL 6G ON SMARTPHONES MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL 6G ON TABLETS MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. GLOBAL 6G ON WEARABLES MARKET SHARE BY REGION, 2022 VS 2030 (%)
5. GLOBAL 6G ON IOT DEVICES MARKET SHARE BY REGION, 2022 VS 2030 (%)
6. GLOBAL 6G ON OTHER DEPLOYMENT MARKET SHARE BY REGION, 2022 VS 2030 (%)
7. GLOBAL 6G MARKET SHARE BY APPLICATION, 2022 VS 2030 (%)
8. GLOBAL 6G FOR DISTRIBUTED SENSING AND COMMUNICATION MARKET SHARE BY REGION, 2022 VS 2030 (%)
9. GLOBAL 6G FOR BLOCKCHAIN MARKET SHARE BY REGION, 2022 VS 2030 (%)
10. GLOBAL 6G FOR MULTISENSORY EXTENDED REALITY SYSTEM MARKET SHARE BY REGION, 2022 VS 2030 (%)
11. GLOBAL FOR CONNECTED ROBOTICS AND AUTONOMOUS MARKET SHARE BY REGION, 2022 VS 2030 (%)
12. GLOBAL 6G MARKET SHARE ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
13. GLOBAL 6G FOR AGRICULTURE MARKET SHARE BY REGION, 2022 VS 2030 (%)
38. GLOBAL 6G GLOBAL 6G FOR MANUFACTURING MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
14. GLOBAL 6G FOR HEALTHCARE MARKET SHARE BY REGION, 2022 VS 2030 (%)
15. GLOBAL 6G FOR EDUCATION MARKET SHARE BY REGION, 2022 VS 2030 (%)
16. GLOBAL 6G FOR ENTERTAINMENT MARKET SHARE BY REGION, 2022 VS 2030 (%)
17. GLOBAL 6G FOR AUTOMOTIVE MARKET SHARE BY REGION, 2022 VS 2030 (%)
18. GLOBAL 6G FOR PUBLIC SAFETY MARKET SHARE BY REGION, 2022 VS 2030 (%)
19. GLOBAL 6G FOR MANUFACTURING MARKET SHARE BY REGION, 2022 VS 2030 (%)
20. GLOBAL 6G FOR OTHER END-USERS MARKET SHARE BY REGION, 2022 VS 2030 (%)
21. GLOBAL 6G MARKET SHARE BY REGION, 2022 VS 2030 (%)
22. US 6G MARKET SIZE, 2022-2030 ($ MILLION)
23. CANADA 6G MARKET SIZE, 2022-2030 ($ MILLION)
24. UK 6G MARKET SIZE, 2022-2030 ($ MILLION)
25. FRANCE 6G MARKET SIZE, 2022-2030 ($ MILLION)
26. GERMANY 6G MARKET SIZE, 2022-2030 ($ MILLION)
27. ITALY 6G MARKET SIZE, 2022-2030 ($ MILLION)
28. SPAIN 6G MARKET SIZE, 2022-2030 ($ MILLION)
29. REST OF EUROPE 6G MARKET SIZE, 2022-2030 ($ MILLION)
30. INDIA 6G MARKET SIZE, 2022-2030 ($ MILLION)
31. CHINA 6G MARKET SIZE, 2022-2030 ($ MILLION)
32. JAPAN 6G MARKET SIZE, 2022-2030 ($ MILLION)
33. SOUTH KOREA 6G MARKET SIZE, 2022-2030 ($ MILLION)
34. REST OF ASIA-PACIFIC 6G MARKET SIZE, 2022-2030 ($ MILLION)
35. REST OF THE WORLD 6G MARKET SIZE, 2022-2030 ($ MILLION)
