According to a market research study published by Quince Market Insights, the demand analysis of the global 6G Market is to exhibit US$ 52.54 Billion by 2032 and is expected to grow at a CAGR of 136.98 per cent during the forecast period from 2023 to 2032.

Quince Market Insights, a reliable market research and consulting company, has announced the publication of its most recent updated report on the 6G Market. It offers a thorough analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Go to Market (GTM) Year On Year (YoY), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Active, Innovators, Start-ups, and Cutting Edge) that are anticipated to influence its future growth trajectory.

New digital-era business models are rapidly altering and upsetting old sectors, and the telecoms industry is no exception. The growth and revolution of wireless network technology will alter businesses by providing wireless services at hundreds of gigabits per second speeds, sub-millisecond latencies, support for a diverse variety of unique applications linking billions of devices and objects, and adaptability through virtualization, enabling creative business models across different sectors.

Leading Players for 6G Market:

MediaTek Inc. (Taiwan), Huawei Technologies Co., Ltd. (China), Intel Corporation (US), Nokia Corporation (Finland), Google LLC (US), Sony Corporation (Japan), Apple Inc. (US), LG Corporation (South Korea), Samsung Electronics Co., Ltd. (South Korea), Nippon Telegraph and Telephone Corporation (Japan), ZTE Corporation (China), and T-Mobile US, Inc. (US).

Recent Developments:

Samsung: In 2021, Samsung announced its vision for 6G technology, which includes data rates of up to 1,000 Gbps, ultra-low latency of 1 ms, and the ability to connect one million devices per square kilometer. Samsung is also working on various 6G research projects, such as the development of terahertz (THz) frequency bands and AI-based communication technologies.

Huawei: Huawei is also investing in 6G technology research and development. In 2020, the company announced its plans to invest US$1.5 billion in 6G research over the next five years. Huawei is focusing on developing 6G technology that can support a wide range of applications, including autonomous driving, smart transportation, and remote healthcare.

Nokia: In 2021, Nokia announced that it had successfully completed a trial of 6G wireless technology, achieving a data transmission rate of 1 Tbps over a distance of 6 meters. Nokia is also working on various 6G research projects, such as the development of millimeter-wave and THz frequency bands.

Ericsson: Ericsson is also investing in 6G technology research and development. The company is focusing on developing 6G technology that can support new use cases, such as holographic communication, digital twins, and autonomous robots. Ericsson is also working on various 6G research projects, such as the development of AI-based communication technologies.

Intel: In 2021, Intel announced that it had achieved a breakthrough in THz technology, which could be used in 6G wireless networks. The company demonstrated a THz transmitter capable of data rates of up to 185 Gbps over a distance of 1 meter. Intel is also working on various other 6G research projects, such as the development of AI-based communication technologies and advanced antenna systems.

The report also implements primary and secondary research techniques for gathering the most crucial pieces of professional information and applies a number of industry-best techniques upon the data for projecting the future state of the global 6G market. Based on current market development, the report includes an analysis of how activities such as mergers shape the market’s future.

Market Segmentation for 6G Market:

By End-User

Industrial & Enterprise

Mobile

M2M

Computing

Consumer

Others

By Device

Networking Devices

IoT and Edge-Computing Devices

Mobile Devices

Others

By Communication Infrastructure

Mobile Broadband

Fixed

Wireless

Mobile Cellular

Regional Analysis for 6G Market:

➡ North America (U.S., Canada, Mexico)

➡ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

➡ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

➡ South America (Colombia, Brazil, Argentina, Rest of South America)

➡ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Market Evaluation for 6G Market:

The market evaluation uses the bottom-up approach which involves analyzing hundreds of contracts and/or sales data from a multitude of sources such as annual reports, online and in-house databases, industry journals, and other statistical publications and also by consulting with leading industry experts.

The study delves into different facets of the business and provides answers to important questions.

Key Questions Answered in this Report:

➡ What is the market size and growth rate of the global and regional market by various segments?

➡ Market size and growth rate of the market for selective countries?

➡ Which region or sub segment is expected to drive the market in the forecast period?

➡ What are the driving factors as well as restraints in the market growth?

➡ How the technological shift and disruptions are helping market to grow?

➡ What are the key opportunities in the market?

➡ Which are the key companies operating in the market?

➡ Which company accounted or will account for the highest market share in 2021, 2022, and 2023?

Conclusion

The Global 6G Market Research Report 2023-2032 is a specialized and in-depth study of the 6G industry, with a particular emphasis on global market trend analysis, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles, and strategies. Global 6G Market study with 100+ market data Tables, Pie Chat, Graphs & Figures. The report presents a complete assessment of the Market covering future trends, current growth factors, attentive opinions, facts, and industry-validated market data forecast until 2032.