6G Market Report: Trends, Forecast and Competitive Analysis to 2030

6G Market Report: Trends, Forecast and Competitive Analysis to 2030

6G Trends and Forecast

The future of the global 6G market looks promising with opportunities in the agriculture, automotive, educational and entertainment, health, manufacturing, and public safety markets. The global 6G market is expected to reach an estimated $59.3 billion by 2030 with a CAGR of 43.2% from 2024 to 2030. The major drivers for this market are growing usage of iot devices and rising demand for seamless connectivity.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

6G by Segment

The study includes a forecast for the global 6G by deployment device, application, end use industry, and region.

6G Market by Deployment Device [Shipment Analysis by Value from 2018 to 2030]:

• Smartphones
• Tablets
• Wearables
• Internet of Things (IoT) Devices
• Others

6G Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Multi Sensory Extended Reality
• Networked Enabled Robotic and Autonomous Systems
• Blockchain
• Distributed Sensing and Communications
• Others

6G Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Agriculture
• Automotive
• Educational and Entertainment
• Health
• Manufacturing
• Public Safety
• Others

6G Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of 6G Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies 6G companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the 6G companies profiled in this report include-

• AT&T
• Broadcom
• Cisco
• DeepSig
• Ericsson

6G Market Insights

Lucintel forecasts that smartphone will remain the largest segment over the forecast period due to rising adoption of 6G network in this device to enable ultra-fast download and upload speeds, seamless streaming of high-definition content, and virtually lag-free gaming experiences.

Within this market, manufacturing will remain the largest segment due to increasing the use of 6G technology in this industry to enable seamless connectivity between machines, devices, and systems, minimize downtime, optimize production efficiency, and monitor and control manufacturing operations in real-time.

North America will remain the largest region over the forecast period due to presence of key telecommunications industry in the region.

Features of the Global 6G Market

Market Size Estimates: 6G market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: 6G market size by deployment device, application, end use industry, and region in terms of value ($B).

Regional Analysis: 6G market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different deployment devices, applications, end use industries, and regions for the 6G market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the 6G market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the 6G market size?

Answer: The global 6G market is expected to reach an estimated $59.3 billion by 2030.

Q2. What is the growth forecast for 6G market?

Answer: The global 6G market is expected to grow with a CAGR of 43.2% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the 6G market?

Answer: The major drivers for this market are growing usage of iot devices and rising demand for seamless connectivity.

Q4. What are the major segments for 6G market?

Answer: The future of the 6G market looks promising with opportunities in the agriculture, automotive, educational and entertainment, health, manufacturing, and public safety markets.

Q5. Who are the key 6G market companies?

Answer: Some of the key 6G companies are as follows:

• AT&T
• Broadcom
• Cisco
• DeepSig
• Ericsson

Q6. Which 6G market segment will be the largest in future?

Answer: Lucintel forecasts that smartphone will remain the largest segment over the forecast period due to rising adoption of 6G network in this device to enable ultra-fast download and upload speeds, seamless streaming of high-definition content, and virtually lag-free gaming experiences.

Q7. In 6G market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to presence of key telecommunications industry in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the 6G market by deployment device (smartphones, tablets, wearables, internet of things devices, and others), application (multi sensory extended reality, networked enabled robotic and autonomous systems, blockchain, distributed sensing and communications, and others), end use industry (agriculture, automotive, educational and entertainment, health, manufacturing, public safety, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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