6G market size expected to grow by $36.39 billion between 2022 and 2027 | Driven by increased investment in 6G networks by governments and vendors

new york, November 6, 2023 /PRNewswire/ — of 6G market increasing size $36.39 billionAccording to Technavio’s research market analysis, it is accelerating at a CAGR of 51.15% during the forecast period. A key driver of market growth is the increasing investment in 6G networks by both governments and industry players. The market is increasingly focused on the deployment of 6G services by device manufacturers, service providers and network operators. They actively explore monetization strategies, potential business models, and respond to customer preferences. Additionally, various market participants and governments are working toward seamless transition and interoperability, considering the coexistence of 6G and existing network technologies. Gain deeper insights into market size, current market scenario, future growth opportunities, key growth drivers, latest trends, etc. Purchase the full report here

• The growth of the 6G market is threatened by cybersecurity risks due to the widespread adoption of 6G networks. While 6G networks enable communication between connected devices, they also pose risks such as data theft, DDoS attacks, and network slicing attacks. These security concerns may hinder market growth.

• Learn about other key drivers, trends, and challenges available at Technavio. Read the sample PDF report now

The 6G market is divided into components (hardware, software, services), type (wireless and fixed), and geography (North America,Asia Pacific, Europe, middle east and Africaand south america).

• The hardware sector is expected to witness significant growth during the forecast period. Increasing demand for hardware devices such as sensors, actuators, gadgets, appliances, and machinery that can be programmed for specific applications and transmit data over the Internet or other networks is the main driver of growth in this sector. It becomes. These hardware components are essential to establishing a network of interconnected devices that provide real-time analytical data and facilitate the transfer of information within the same network.

• North America is expected to make a significant contribution of 36% to the global market growth during the forecast period. Notably, the adoption of Internet of Things (IoT) technology is increasing across various industries. North AmericaEspecially in developed countries such as US and Canada. One of the key drivers of 6G market growth North America In particular, the adoption of wireless technology is increasing. US.

• View sample report Find insights on the contribution of all segments and regional opportunities in the report.

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Key players in the 6G market:

• Anritsu Corporation

• Apple.

• AT&T Co., Ltd.

• Broadcom Co., Ltd.

• Cisco Systems Corporation

• Deepsig Co., Ltd.

• Furukawa Electric Co., Ltd.

• Huawei Technologies Co., Ltd.

• Interdigital Co., Ltd.

• Keysight Technologies Corporation

• LG Electronics Co., Ltd.

• Mediatech Co., Ltd.

• National Instruments Company

• NEC

• Nippon Telegraph and Telephone Corporation

• Nokia Corporation

• orange SA

• Reliance Industries Ltd.

• Samsung Electronics Co., Ltd.

• Telefonactivo Larget LM Ericsson

Related reports:

Communication equipment market: The communication equipment market size is estimated to grow at a CAGR of 6.13% from 2022 to 2027. $195.93 billion.

5G service market: The 5G service market size is USD 311.93 billion from 2022 to 2027, accelerating at a CAGR of 31.13% during the forecast period.

table of contents:

1. executive summary

2. market scenery

3. Understanding market size

4. Past market size

5. five forces analysis

6. Market segmentation by component

7. Market segmentation by type

8. Market segmentation by geography

9. customer situation

10. geographical landscape

11. Drivers, challenges and trends

12. Company scenery

13. Company analysis

14. appendix

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