Lucintel Forecasts the Global 6G Market to Reach $59.3 billion by 2030

Lucintel Forecasts the Global 6G Market to Reach $59.3 billion by 2030
Trends and Forecast for the Global 6G market
The future of the global 6G market looks promising with opportunities in the agriculture, automotive, educational and entertainment, health, manufacturing, and public safety markets. The global 6G market is expected to reach an estimated $59.3 billion by 2030 with a CAGR of 43.2% from 2024 to 2030. The major drivers for this market are growing usage of iot devices and rising demand for seamless connectivity.

According to a market report by Lucintel, the future of the global 6G market looks promising with opportunities in the agriculture, automotive, educational and entertainment, health, manufacturing, and public safety markets. The global 6G market is expected to reach an estimated $59.3 billion by 2030 with a CAGR of 43.2% from 2024 to 2030. The major drivers for this market are growing usage of iot devices and rising demand for seamless connectivity.

A more than 150-page report to understand trends, opportunity and forecast in 6G market to 2030 by deployment device (smartphones, tablets, wearables, internet of things devices, and others), application (multi sensory extended reality, networked enabled robotic and autonomous systems, blockchain, distributed sensing and communications, and others), end use industry (agriculture, automotive, educational and entertainment, health, manufacturing, public safety, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that smartphone will remain the largest segment over the forecast period due to rising adoption of 6G network in this device to enable ultra-fast download and upload speeds, seamless streaming of high-definition content, and virtually lag-free gaming experiences.

Within this market, manufacturing will remain the largest segment due to increasing the use of 6G technology in this industry to enable seamless connectivity between machines, devices, and systems, minimize downtime, optimize production efficiency, and monitor and control manufacturing operations in real-time.

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North America will remain the largest region over the forecast period due to presence of key telecommunications industry in the region.

AT&T, Broadcom, Cisco, DeepSig, Ericsson are the major suppliers in the 6G market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel’s Analytics Dashboard.

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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact: Roy Almaguer Lucintel Dallas, Texas, USA Email: roy.almaguer@lucintel.com Tel. +1-972-636-5056

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