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The Global 6G market size was nearly USD 5.7 billion in 2024. The market is estimated to grow at a CAGR of 24.7% during 2025-2034, to reach around USD 41.2 billion by 2034
Base Year
Historical Year
Forecast Year
Global 6G Market Report Summary | Description | Value |
Base Year | USD Billion | 2023 |
Historical Period | USD Billion | 2018-2024 |
Forecast Period | USD Billion | 2025-2034 |
Market Size 2024 | USD Billion | 5.7 |
Market Size 2034 | USD Billion | 41.2 |
CAGR 2018-2024 | Percentage | XX% |
CAGR 2025-2034 | Percentage | 24.7% |
CAGR 2025-2034 - Market by Region | North America | 28.4% |
CAGR 2025-2034 - Market by Country | USA | 30.1% |
CAGR 2025-2034 - Market by Country | China | 29.1% |
CAGR 2025-2034 - Market by Deployment Device | Smartphones | 27.9% |
CAGR 2025-2034 - Market by Industry Vertical | Educational and Entertainment | 28.1% |
Market Share by Country 2023 | Germany | 4.8% |
6G technology refers to cellular technology that can provide lower latency and higher capacity than 5G networks. It is expected to roll out commercially by 2030 and possesses multiple features, including very high data transfer speed, greater network reliability, energy efficiency, and ultra-low latency network functions.
Similarly, in February 2022, Samsung Research signed a Memorandum of Understanding (MoU) with Keysight Technologies to advance the research and development of 6G networks.
Based on device, the market is segmented into mobile devices, and IoT and edge computing devices, among others. On the basis of industry verticals, the market is divided into agriculture, automotive, healthcare, government, and manufacturing, among others. The major regional markets for 6G include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
CAGR 2025-2034 - Market by | Deployment Device |
Smartphones | 27.9% |
Inernet of Things (IoT) Devices | 26.4% |
Tablets | XX% |
Wearables | XX% |
Others | XX% |
CAGR 2025-2034 - Market by | Industry Vertical |
Educational and Entertainment | 28.1% |
Automotive | 26.1% |
Agriculture | XX% |
Healthcare | XX% |
Manufacturing | XX% |
Others | XX% |
CAGR 2025-2034 - Market by | Region |
North America | 28.4% |
Europe | 26.7% |
Asia Pacific | 25.4% |
Middle East and Africa | 20.1% |
Latin America | 18.4% |
CAGR 2025-2034 - Market by | Country |
USA | 30.1% |
China | 29.1% |
Germany | 25.6% |
India | 24.3% |
Italy | 21.8% |
Canada | XX% |
UK | XX% |
France | XX% |
Japan | XX% |
Australia | 17.3% |
Saudi Arabia | XX% |
Brazil | XX% |
Mexico | XX% |
2023 Market Share by | Country |
Germany | 4.8% |
USA | XX% |
Canada | XX% |
UK | XX% |
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter’s five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global 6G market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
As per the global 6G market analysis, 6G technology is anticipated to revolutionise the agricultural sector in the coming years. The ultra-fast speed and improved connectivity of 6G networks is expected to surge their utilisation in agricultural applications such as virtual assistance-based farming, genetic engineering, and process automation, among others.
Moreover, farmers can leverage low-latency benefits of 6G technology to utilise advanced IoT sensors and network monitoring tools for efficiently managing crops. The growing adoption of smart farming technologies is also anticipated to fuel the segment’s growth in the forecast period.
Europe accounts for a significant global 6G market share due to the robust growth of the telecommunication sector. As Europe has established its position as a leader in mobile communications, governments and organisations are introducing multiple initiatives to develop 6G network and drive research and development activities in the region.
For instance, in December 2021, the European Union launched 6G innovation and research programme, Smart Network and Services Joint Undertaking (SNS JU), to shape the future of 6G. In October 2022, it selected 35 new projects under the SNS JU worth EUR 250 million for promoting 6G research and technological capabilities.
Meanwhile, the Asia Pacific is anticipated to witness a healthy growth in the forecast period, buoyed by the increasing focus of countries like China, India, Singapore, Japan, and South Korea to develop 6G infrastructure.
Broadcom Inc. is an international technology infrastructure company built on innovation, collaboration, and engineering excellence. It provides diverse products and solutions such as optical products, mainframe software, cybersecurity systems, data centre solutions, and enterprise storage products, among others.
Huawei Technologies Co., Ltd. was founded in 1987 and is a global provider of information and communications technology (ICT) infrastructure and smart devices. The company has developed multiple businesses and 100 scenario-based solutions for various industries, including waterway and port, government, public services, and smart road, among others.
Nokia Corporation was founded in 1865 and is a technology company that operates in areas of networking and advanced technologies. It provides expertise and solutions in diverse sectors, including energy, manufacturing and logistics, and transportation, among others.
Other global 6G market players include Cisco Systems, Inc., Telefonaktiebolaget LM Ericsson, AT&T Inc., NTT Docomo, Inc., Orange SA, NEC Corporation, and Fujitsu Limited, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Device |
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Breakup by Industry Vertical |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2024, the market reached an approximate value of USD 5.7 billion.
The market is estimated to grow at a CAGR of 24.7% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach a value of around USD 41.2 billion by 2034.
The market is being driven by the growing attempts to develop 6G technology by governments and increasing demand for high-speed and low-latency connectivity.
The key trends aiding the market expansion include the integration of 6G with artificial intelligence and machine learning, the development of smart cities, and increasing research and development (R&D) activities by key players.
The major devices considered in the market report are mobile devices, and IoT and edge computing devices, among others.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The key players in the market are Broadcom Inc., Cisco Systems, Inc., Telefonaktiebolaget LM Ericsson, Huawei Technologies Co., Ltd., Nokia Corporation, AT&T Inc., NTT Docomo, Inc., Orange SA, NEC Corporation, and Fujitsu Limited, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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