A 6G network is characterized as a cellular network that leverages cognitive technologies, such as artificial intelligence (AI), to operate at untapped radio frequencies and provide multiple times quicker high-speed, low-latency connectivity than fifth-generation networks. Though still at the research and development stage, 6G networks have not yet been made public. Currently under development for wireless communications over cellular data networks in the telecoms industry, 6G stands for sixth-generation mobile system standard. It is 5G's replacement, or the next bend in the road, and it will probably be far faster.
Currently under development for wireless communications over cellular data networks in the telecoms industry, 6G stands for sixth-generation mobile system standard. It is 5G's replacement, or the next bend in the road, and it will probably be far faster. Surpassing 5G, 6G will leverage artificial intelligence (AI) and machine learning (ML) to create next-generation wireless networks for connected devices with a number of novel capabilities. Along with smartphone and mobile network users, this will also aid new technologies like driverless cars, virtual reality, augmented reality, and smart cities.
Key Players
- Apple (United States)
- AT&T
- China Mobile (China)
- Ericsson (Sweden)
- Huawei (China)
- LG Electronics (South Korea)
- Nokia (Finland)
- NTT Docomo (Japan)
- Qualcomm
- Samsung (South Korea)
- SK Telecom (South Korea)
- T-Mobile
- Verizon
- Vodafone (United Kingdom)
- ZTE Corporation (China)
Market Segmentation
By Component
Infrastructure
Devices
Services
By Application
Mobile Communication
Autonomous Vehicles
AI-driven Applications
Industrial Automation
AR/VR
Satellite Communication
By End-User
Individual Consumers
Businesses
Governments
Market Dynamics
Drivers
Some significant factor which may causes growth of 6G technology market which are, Utilizing additional spectrum bands is one important aspect that could propel the demand for 6G technology. Spectrum is a necessary component of radio links. To fully benefit from each new technological innovation, a pioneer spectrum is necessary for every new generation of mobile devices. This transition will also include redefining the current digital cellular spectrum from legacy technology to the next generation. 5G-Advanced will take 5G beyond data transport and improve localization to a precision of centimeters. 6G will use a wide spectrum, including new spectral ranges of up to terahertz, which will push localization to the next level and drive growth in the 6G technology industry.
The market for 6G technology is driven by Extremely fast data transfer rates: 5G is expected to provide user-experienced data rates of 100 Mbps and a peak data throughput of 20 Gbps. Nevertheless, the highest data rate that 6G will offer is 1 Tbps. In a similar vein, it will increase the user's data rate to 1 Gbps. Consequently, 6G will have a spectral efficiency that is almost twice as high as 5G. this drove the 6G market's expansion.
More support for machine-to-machine (M2M) connectivity could be provided by 6G technology. 6G will be primarily focused on M2M communication, while 5G serves both human users and Internet of Things (IoT) use cases. Approximately 100,000 devices are supported by 4G networks today per square kilometer. Compared to 4G, 5G is much more sophisticated and allows a million devices per square kilometer to be connected. The goal of having 10 million connected devices per square kilometer is attainable with the introduction of 6G networks. This eventually led to market expansion.
6G technology industry strengthens security, Cyberattacks are increasingly targeting different kinds of networks. Because of how unpredictable these attacks might be, strong security measures must be put in place. 6G networks will be protected from attacks such as jamming.
6G technology industry OpenRAN, a new and developing technology used by 5G, supports customisation. OpenRAN, however, will be a more developed technology for 6G.
Restraints
The creation and application of cutting-edge technologies present technological difficulties. Additionally, there could be certain drawbacks to 6G networks. For instance, 6G networks' faster and more dependable speeds will need more energy, which can result in higher energy bills for consumers. In addition, some nations and areas may find the expenses of developing and sustaining 6G networks to be unaffordable. 6G networks have the potential to be utilized for evil purposes, including monitoring. This might result in further concerns about digital privacy and possible power abuses. Large sums of money must be invested in new infrastructure in order to deploy 6G. Spectrum and regulatory issues could affect implementation. This element limits the market for 6G technologies.
Opportunity
The market for 6G technology will grow as new and creative applications and services are made possible. drives the advancement of technologies for wireless sensing The number of samples taken from a continuous signal per second (or according to an equivalent time unit) to create a digital signal is known as the sampling rate. Compared to 5G, 6G's frequencies will enable substantially quicker sample rates. They will also offer significantly higher data rates and throughput. Furthermore, it is anticipated that the use of sub-mm waves—wavelengths less than one millimeter—and frequency selectivity will hasten the development of wireless sensing technology. 6G technology is made possible by more sophisticated data centers; 6G networks will produce a great deal more data than 5G networks; and computing will eventually expand to include edge and core platform cooperation. Data centers will need to grow as a result of these changes. It is expected that nano-cores—a single computing core that integrates AI and HPC—will emerge. The nano-core does not have to be a physical network node. Alternatively, it could comprise a theoretical combination of shared computing resources across multiple networks and systems.6G technology increases the penetration of cellular networks, The wide coverage area of 6G networks is just one of their numerous benefits. This suggests that fewer towers are required to cover a specific area. This is helpful if you want to build towers in areas with frequent showers or plenty of trees and foliage. Furthermore, 6G is designed to accommodate more mobile connections than 5G. This suggests that there will be less device interference, which will enhance service.
Recent Industry Insight
- On July 2023, DoT Launches Bharat 6G Alliance to Drive Innovation and Collaboration in Next-Generation Wireless Technology
- On May 2023, CAPGEMINI LAUNCHES 6G RESEARCH LAB IN INDIA
- On October 2023, Nokia opens 6G Lab in India
- On Sep. 2023, IIT Kanpur enters into 6G research partnership with InterDigital Inc
- On February 2023, DOCOMO and NTT Expand 6G Collaborations with World-leading Vendors Including Ericsson and Keysight Technologies
- On Feb. 2023, Bosch drives forward the development of 6G
Recent Acquisition and Merger
- On Jul. 2023, India acquires over 200 patents for 6G Technology says Communications & IT Minister Ashwini Vaishnaw
- On July 2023, Centre launches Bharat 6G Alliance as India acquires 200 patents relating to 6G
- On Feb. 2023, New EU project DETERMINISTIC6G to develop critical parts of next generation 6G networks
- On Nov. 2023, IDTechEx Reports on 6G - Now and the Future
Key Target Audience
End User
Potential Investors
New Entrants
Innovation and R&D
Suppliers and Manufacturers
Others
