What is the current 6G Market size?

The 6G Market is projected to register a CAGR of 31.48% during the forecast period (2024-2029) Read More

Who are the key players in 6G Market?

AT&T, Broadcom, Cisco, Ericsson and Google are the major companies operating in the 6G Market. Read More

Which is the fastest growing region in 6G Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in 6G Market?

In 2024, the North America accounts for the largest market share in 6G Market. Read More

What years does this 6G Market cover?

The report covers the 6G Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the 6G Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

6G Market Size & Share Analysis - Industry Research Report

6G Market Size Share Analysis - Growth Trends & Forecasts (2024-2029)

The 6G Market is Segmented by Devices (Mobile Devices, Iot and Edge Computing Devices, and Other Devices), End-User Vertical (Agriculture, Automotive, Healthcare, Government, Manufacturing, and Other End-User Verticals), and Region (North America, Europe, Asia-Pacific and the Rest of the World). The Report Offers Market Forecasts and Size in Value (USD) for all the Above Segments.

6G Industry Overview

The 6G technology market is poised for significant growth, prompting companies to collaborate and devise cohesive strategies to stay competitive in this fiercely contested arena. Such enterprises, sharing a product portfolio and seeking additional resources to meet their goals, often engage in collaborative ventures, known as Joint Venture Programmes. These initiatives facilitate resource sharing and accelerate progress. Notably, the 6G market is dominated by major players making substantial investments in development, with an eye on future commercial deployment.

In November 2022, NTT DoCoMo and South Korea's SK Telecom (SKT) announced a strategic partnership aimed at advancing both 5G and 6G cellular technologies. Their collaborative efforts extend to the development of open and virtualized radio access network (RAN) technology. This move aligns with the evolving global landscape as various regions position themselves for the rollout of next-generation cellular technologies.

In November 2022, in a concerted effort to bolster the United Kingdom's wireless communications capabilities, Ericsson committed to establishing a new research team in the country as part of a multi-million-pound investment. Over the next decade, Ericsson plans to inject GBP 10 million into a UK-based program dedicated to 6G research and groundbreaking innovations. This initiative underscores the growing importance of 6G technology on a global scale.