6G Market Updates

Global 6G Market size was valued at USD 797.0 million in 2030 and is poised to grow from USD 969.15 million in 2031 to USD 3,133.2 million by 2037, growing at a CAGR of 21.6% during the forecast period (2030-2037).

'Huawei Technologies Co., Ltd. (China)', 'Nokia Corporation (Finland)', 'Ericsson AB (Sweden)', 'Google LLC (US)', 'AT&T Inc. (US)', 'Fujitsu Limited (Japan)', 'NEC Corporation (Japan)', 'Samsung Electronics Co., Ltd. (South Korea)', 'Qualcomm Incorporated (US)', 'Intel Corporation (US)', 'SK Telecom (South Korea)', 'Verizon Communications Inc. (US)', 'Orange S.A. (France)', 'BT Group plc (UK)', 'China Mobile Communications Group Co., Ltd. (China)', 'T-Mobile US, Inc. (US)', 'ZTE Corporation (China)', 'LG Electronics Inc. (South Korea)', 'Cisco Systems, Inc. (US)', 'Broadcom Inc. (US)'

Growing Need for Extremely Fast and Dependable Connectivity

Tech Companies Unveiling Groundbreaking 6G Prototype: Samsung unveiled its latest 6G prototype technology during an international telecom conference. This prototype shows advances in mobile networking such as improved signal processing and integration with AI-based analytics. Through these innovations, Samsung hopes to enhance network performance and pave the way for future commercialization and deployment of 6G.

Geographically, North America is expected to hold the largest share of the 6G market due to the region's significant concentration of significant businesses, government initiatives, and other factors. The US is lagging behind other countries in advancing the next wave of communication technologies. The US industry organization dedicated to positioning North America as the world leader in 6G networks appointed executives from AT&T and Ericsson as their heads. In addition to jobs, education, and finances, Canadians also depend on web connection to improve their health hence the need for affordable high-quality services is necessary.