6G Market Set to Register Strong Growth Momentum at 26.5% CAGR by 2030

This comprehensive Global 6G Market report by “MarkNtel Advisors: Leading Market research Company” offers valuable insights into the current and future market landscape, providing clarity on potential challenges and strategies for optimal brand positioning. It features detailed market segmentation, in-depth analysis of key market players, emerging trends in consumer behavior and supply chain dynamics, and opportunities in new geographical markets. With the insights from this report, you can manage your marketing strategies for goods and services more effectively.

According to recent market analysis report, the Global 6G Market size expected to grow at a CAGR of 26.5% during the forecast period of 2024 to 2030.

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Driving Force Behind the Growth of the 6G Market through 2030

Growing Demand for Low-Latency Networks Augmenting the Market Growth – Due to the increasing reliance on technology and communication networks, consumers are becoming less tolerant of delays and interruptions in data transmission. Telecommunication systems are an integral part of daily lives, and even a minor delay, as short as one millisecond, leads to a detrimental impact on tasks, especially in critical areas like autonomous vehicles. To stay competitive, service providers are actively working to minimize the slightest chance of network delays. Recent advancements in internet technology have enabled the use of interactive applications such as personalized web browsing, online gaming, video conferencing, and financial trading, all of which demand minimal latency.

Market Segment Highlights:

By Component

• Hardware- Market Size & Forecast 2024-2030F, USD Million
  • Antennas- Market Size & Forecast 2024-2030F, USD Million
  • Transceivers & Radios- Market Size & Forecast 2024-2030F, USD Million
  • Signal Processing Units- Market Size & Forecast 2024-2030F, USD Million
  • Others (Routers, Consumer Gadgets, etc.)- Market Size & Forecast 2024-2030F, USD Million
• Software- Market Size & Forecast 2024-2030F, USD Million
• Services- Market Size & Forecast 2024-2030F, USD Million

By Deployment Devices

• Smartphones- Market Size & Forecast 2024-2030F, USD Million
• Laptops/Tablets- Market Size & Forecast 2024-2030F, USD Million
• Wearables- Market Size & Forecast 2024-2030F, USD Million

By Communication Infrastructure

• Fixed- Market Size & Forecast 2024-2030F, USD Million
• Wireless- Market Size & Forecast 2024-2030F, USD Million
  • Mobile Broadband- Market Size & Forecast 2024-2030F, USD Million
  • Mobile Cellular- Market Size & Forecast 2024-2030F, USD Million

By Application

• Multisensory Extended Reality- Market Size & Forecast 2024-2030F, USD Million
• Networked-Enabled Robotic and Autonomous Systems- Market Size & Forecast 2024-2030F, USD Million
• Distributed Sensing and Communications- Market Size & Forecast 2024-2030F, USD Million
• Blockchain and DLT- Market Size & Forecast 2024-2030F, USD Million
• Smart Cities- Market Size & Forecast 2024-2030F, USD Million
• Others (Internet of Everything (IoE), Wireless Brain-Computer Interactions (BCI), etc.)- Market Size & Forecast 2024-2030F, USD Million

By End User

• Banking, Financial Services and Insurance (BFSI)- Market Size & Forecast 2024-2030F, (USD Million)
• Consumers- Market Size & Forecast 2024-2030F, (USD Million)
• IT & Telecom- Market Size & Forecast 2024-2030F, (USD Million)
• Manufacturing- Market Size & Forecast 2024-2030F, (USD Million)
• Healthcare- Market Size & Forecast 2024-2030F, (USD Million)
• Retail- Market Size & Forecast 2024-2030F, (USD Million)
• Media & Entertainment- Market Size & Forecast 2024-2030F, (USD Million)
• Others (Education, Tourism, etc.)- Market Size & Forecast 2024-2030F, (USD Million)

Among them, the IT & Telecom sector being the primary consumers of network services is foreseen to hold a substantial share globally. The need of the IT & telecom sector to offer next-generation wireless technology, unprecedented data speeds, and ultra-low latency network, is a key factor anticipated to augment the share of the segment in the Global 6G Market. As a result, Telecom operators and IT businesses are gaining notable momentum to provide end users with enhanced augmented and virtual reality experiences, high-definition video streaming, and seamless cloud services.

6G Market Regional Outlook:

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific.

Explore the Full Report with Charts, Table of Contents, and List of Figures – https://www.marknteladvisors.com/research-library/6g-market.html

6G Market Competition Analysis:

Some of the top 6G companies operating in the market are Telefonaktiebolaget LM Ericsson , Intel Corporation , Ciena Corporation, Nokia, Huawei Technologies Co., Ltd, Orange Business, Samsung, Reliance Jio, ZTE Corporation, MediaTek Inc., NTT DOCOMO Inc., Qualcomm Technologies, Inc., Keysight Technologies, Apple Inc., AT&T Intellectual Property, Others.

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