6G Market size was valued at USD 323.34 Million in 2024 and is projected to reach USD 1675.45 Million by 2035, growing at a CAGR of 16.34% from 2025 to 2035.
5G network offers greater download speeds and lower latency than 4G LTE network. Of course, 6G networks will offer much greater capacity and lower latency than 5G networks at higher frequency. The present predictions reveal that 6G will support a peak speed of one terabit per second (Tbps), which is 100 times greater than 5G. 6G will reach 95 kilobits of frequency, above 5G’s 60 kilobits. Compared with 5G, 6G will use more advanced radio equipment, more airwaves, and an extremely high frequency (EHF) band that sends data at very high speeds and in huge volumes over very short distances. In contrast to present 5G networks, which are a supplement, technology of the 6G network will be built into the network to provide improved access to AI ability, aiding sophisticated mobile devices. Besides improving connectivity and performance, a future 6G network must also employ AI and machine learning to improve assistance and efficiency, drive greater sustainability, improve security in order to foster trust and reliability, and expand and enhance worldwide connectivity.
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Market player
Major market players in the Global 6G Market are Nokia Corporation, Samsung Electronics, Huawei Technologies Co. Ltd., Telefonaktiebolaget LM Ericsson, Qualcomm Technologies Inc., AT&T Inc., JIO Infocomm Ltd., Keysight Technologies, ZTE Corporation, among others.
Attribute | Details |
Base Year | 2024 |
Historic Data | 2018 – 2025 |
Estimated Year | 2024 |
Forecast Period | 2024 – 2035 |
Quantitative Units | Revenue in USD Million and CAGR for 2018-2022 and 2023-2035 |
Report coverage | Revenue forecast, company share, growth factors, and trends |
Segments covered | Component
Communication Infrastructure Application End User |
Regional scope | North America, Asia-Pacific, Europe, South America, Middle East & Africa |
Country scope | United States, Canada, Mexico, China, India, Japan, South Korea, Australia, Germany, United Kingdom, France, Spain, Italy, Brazil, Argentina, Colombia, Saudi Arabia, South Africa, UAE |
Key companies profiled | Nokia Corporation, Samsung Electronics, Huawei Technologies Co. Ltd., Telefonaktiebolaget LM Ericsson, Qualcomm Technologies Inc., AT&T Inc., JIO Infocomm Ltd., Keysight Technologies, ZTE Corporation |
Customization scope | 40% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
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Global 6G Market Regional Analysis
Below is a more in-depth regional breakdown of the global 6G market:
Asia Pacific
Asia Pacific is leading the 6G market, with increased investment in future-generation telecommunications infrastructure. In line with a 2023 Asian Development Bank (ADB) report, regional 6G technology investments are projected to pass $15 billion by 2026.
Firms such as Huawei and SK Telecom are taking the lead in building 6G infrastructure, working in collaboration with governments and research centers. This increasing concentration on 6G investments will allow Asia Pacific to be a key player in the global launch of 6G networks.
The increasing thrust on research and development (R&D) is consolidating Asia Pacific’s presence in the 6G space. A 2023 report by Japan Ministry of Internal Affairs and Communications reported that Japan has invested more than USD 1.5 Billion in 6G R&D by 2025. Major players like NTT Docomo and Samsung are teaming up with universities and tech groups to experiment and develop 6G technologies. This increasing R&D investment is assisting the Asia Pacific region in keeping its competitive edge in the global 6G race.
North America
North America is fast expanding in the 6G market, led by increasing government backing for research and development. The U.S. has provided $2.5 billion in funding for 6G research under its “NextG Alliance” program, as per a 2023 report by the U.S. National Science Foundation. Qualcomm and AT&T are collaborating with government agencies to develop sophisticated communication infrastructure. This increased commitment to government-supported research will aid the U.S. in being at the forefront of 6G technology innovation and development.
Increased cooperation among the private sector and industry giants is driving North America’s growth in the 6G sector. According to a 2023 Federal Communications Commission (FCC) study, more than $10 billion in private investments will be witnessed in the U.S. 6G industry by 2027.
Firms like Ericsson and Verizon are collaborating on 6G pilot tests, with the aim of deploying the next-generation wireless networks. Increased cooperation between government and private actors is necessary to drive the adoption of 6G and bring it at scale to various industries.