6G Technology Market will Approximated to be USD 67.9 Billion in Advance of 2035; Market is amplified due to Infrastructure Development

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Published Date: May 2025

6G technology market is sixth generation of wireless communication technology that is projected to follow 5G technology. The aim of 6G is to provide faster speeds, lower latency, and more advanced connectivity than 5G, enables the new possibilities for communication and technology. Telecom companies and tech giants are already investing heavily in the development of 6G infrastructure, such as new antennas, microchips, and base stations to meet the growing demands of global connectivity, is expected to drive 6G technology market growth in upcoming years.

Segmentation Analysis:

By Component	Hardware (Integrated Circuits, Antennas, Network Infrastructure, and Others), Software (Simulation Software, Signal Analysis software, and Others), and Services (Extended Reality, Holographic Communication, Telemedicine & Remote Healthcare, Massive Twinning, and Others
By Technology	Ultra-reliable & Low-latency Communication [URLLC], Massive Machine-type Communications [mMTC], Software-defined Networking, Network Function Virtualization, Cloud Computing, and Others
By Application	IoT Integration, Edge Computing, Smart Cities, Supply Chain Management, Space Communication, and Others
By End-User	Automotive & Manufacturing, Telecommunication, Manufacturing, Education, Healthcare, and Others

Report Highlights:

6G technology market size is accounted for USD 8.7 Billion in 2025.
The 6G technology market size is projected to reach at USD 67.9 Billion by 2035, and developing at a CAGR of 25.3%.
On the basis of component, hardware segment holds a dominant 6G technology market share.
Based on technology, ultra-reliable & low-latency communication [URLLC] segment is projected to govern the 6G technology market share.
On the basis of application, IoT integration segment is expected to dominant in target market during the forecast period.
Accordance to end-user, the 6G technology market is dominated by IT & telecommunication segment.
North America hold the major share in 6G technology market.
Asia Pacific is expected to be the highest growing market.

Market Dynamics:

Growing Factor	Challenge Factor	Market Trend
Exponential Growth of IoT and Connected Devices	Technical Challenges in Deploying Terahertz Communication	Space Communication and Satellite Networks

Key Highlights

In March 2025, Ericsson and SoftBank Corp. entered a Memorandum of Understanding (MoU) to establish a strategic partnership towards 2030. This partnership aimed to enhance performance of networks in 6G and create new business opportunities, technological breakthroughs. This collaboration focused on evaluating, promoting, and co-creating, NextWave Tech, which advances technologies for the next generation. This includes technologies such as, AI, cloud RAN (Radio Access Network), XR (Extented Reailty), and 6G networks.

Report Analysis:

Developing and Setting 6G Standards:

Setting global telecom standards is a crucial and complex process that ensures interoperability, consistency, and the smooth functioning of telecom systems across borders and between various network suppliers. International Telecommunication Union (ITU), a specialized agency of the United Nations, plays the central role in setting global requirements for 6G technology.

It consists of Member States, universities, over 1000 private sector telecommunication companies, and regional and international organizations. From 2024 to 2026, the ITU will define performance requirements for 6G, such as coverage, reliability, and data rates. These requirements will form the foundation for developing the technical specifications for 6G. Technologies for 6G will be submitted for consideration starting in 2027, and expert groups will review and assess these technologies until early 2029.

Browse ∼50 market data tables and ∼45 figures through ∼170 slides and in-depth TOC on “6G Technology Market, Size, Share, By Component [Hardware (Integrated Circuits, Antennas, Network Infrastructure, and Others), Software (Simulation Software, Signal Analysis software, and Others), and Services (Extended Reality, Holographic Communication, Telemedicine & Remote Healthcare, Massive Twinning, and Others)], Technology (Ultra-reliable & Low-latency Communication [URLLC], Massive Machine-type Communications [mMTC], Software-defined Networking, Network Function Virtualization, Cloud Computing, and Others), Application (IoT Integration, Edge Computing, Smart Cities, Supply Chain Management, Space Communication, and Others), End-User (Automotive & Manufacturing, Telecommunication, Manufacturing, Education, Healthcare, and Others), and Region - Trends, Analysis, and Forecast till 2035”

Segmentation:

By Component:

Hardware
- Integrated Circuits
- Antennas
- Network Infrastructure
- Others
Software
- Simulation Software
- Signal Analysis Software
- Others
Services
- Extended Reality
- Holographic Communication
- Telemedicine & Remote Healthcare
- Massive Twinning
- Others

By Technology:

Ultra-reliable & Low-latency Communication [URLLC]
Massive Machine-type Communications [mMTC]
Software-defined Networking
Network Function Virtualization
Cloud Computing
Others

By Application:

IoT Integration
Edge Computing
Smart Cities
Supply Chain Management
Space Communication
Others

By End-User:

Automotive & Manufacturing
Telecommunication
Manufacturing
Education
Healthcare
Others

By Region:

North America
- U.S.
- Canada
Europe
- Germany
- U.K.
- France
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- Australia
- Indonesia
- Malaysia
- South Korea
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa

For more insights into the 6G Technology Market and its future trends, visit link below: https://www.prophecymarketinsights.com/market_insight/Global-6G-Technology-Market-4745

Competitive Landscape of 6G Technology Market:

The key players operating in the 6G technology market include Nokia, Huawei Technologies Co., Ltd., Samsung, ZTE Corporation, Qualcomm Technologies, Inc., AT&T Intellectual Property, LG, Hewlett Packard Enterprise Development LP, NTT DOCOMO, Jio Platforms Ltd., Keysight Technologies, PhoneArena, Ciena Corporation, Intel Corporation, and Telefonaktiebolaget LM Ericsson