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6G Market Expected to Reach $1,293.19 Billion by 2035 with a CAGR of 103.35%: BIS Research

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BIS Research published a report titled, “6G Market – A Global and Regional Analysis, Focus on Product, Device, Communication Infrastructure, End-Use Application, Consumer Application, Industrial and Enterprise, Material, and Region – Analysis and Forecast, 2029-2035.” According to the report, the 6G market is projected to be $1.58 billion in 2028, and it is expected to grow at a CAGR of 103.35% and reach $1,293.19 billion by 2035.

6G Market Drivers

The 6G market gets a push from today’s tech-reliant world. Even a millisecond of lag can disrupt tasks, particularly in critical systems such as autonomous vehicles. Advances in internet technology now support interactive applications, such as online gaming and financial trading, which demand minimal latency, often under 100 milliseconds; for instance, effective video conferencing needs at least 8 Mbps download and 1.5 Mbps upload speeds. This growing emphasis on responsiveness is driving a surge in demand for low-latency networking applications, especially in sectors such as finance.

Download the Sample report here: https://bisresearch.com/requestsample?id=1547&type=download 

Report Coverage and Details

Report

Details

Forecast Period

2029–2035

Base Year

2028

Market Size in 2029

$1.58 Billion

Market Size in 2035

$1,293.19 Billion

CAGR

103.35 %

No. of Pages in Report

314

Segments Covered

By End-Use Application: Consumer Application and Industrial

By Product: Device and Communication Infrastructure

By Material: Plastics and Resins, Ceramics and Composites, Glass, and Semiconductor Materials and Others

Drivers

High Emphasis on Low Latency Network for Specific Applications

Growing Adoption of Internet Services and Edge Computing Devices

Growth of Smart Technologies

Challenges

Slower Transition from Older Communication Generation

Very Large Investment Requirements

Data Security and Privacy Threats

Opportunities

Use of Holography in Communication

6G in Growth of loT, Blockchain, and Artificial Intelligence

6G Market Challenges

The key challenge to the adoption of the 6G market is lower adoption from the previous generation technologies. The telecom sector is evolving with the introduction of advanced network technologies, such as 5G, launched in 2019. While its features, such as enhanced broadband and low-latency communications, have been adopted in nations such as FinlandSouth Korea, and Japan, many regions are yet to embrace it. Current devices may not be 5G-compatible, necessitating upgrades that could hinder swift adoption due to associated costs and device availability.

6G Market Opportunities

6G has the potential to greatly advance blockchain, IoT applications, and AI usage. Over recent years, the integration of AI and IoT in communication systems, especially with 5G, has surged. These tech tools create and decode data to derive valuable insights. Yet, they’ve struggled with slow data speeds, causing lag in responses. The upcoming 6G technology aims to tackle these limitations, improving peer-to-peer connectivity. With 6G, IoT devices can relay vast data quantities faster, facilitating immediate data interpretation.

View Tables of Content: https://bisresearch.com/requestsample?id=1547&type=toc

Key Players

The key players operating in the 6G market include Apple Inc., AT&T Inc., China United Network Communications Group, Huawei Technologies Co., Ltd., Intel Corporation, MediaTek Inc., Nippon Telegraph and Telephone Corporation, Nokia Corporation, Samsung Electronics Co., Ltd., SK Telecom, T-Mobile US, Inc., Telefonaktiebolaget LM Ericsson, Verizon Communications Inc., ZTE Corporation, Reliance Industries Limited, Keysight Technologies, amongst others. These companies are focusing on strategic partnerships, collaborations, and acquisitions to enhance their product offerings and expand their market presence. In conclusion, the market for 6G is projected to grow and evolve significantly because of factors such as the use of holography in communication, the role of 6G in the growth of IoT, blockchain, artificial intelligence, UN SDGs, and mobile communications.

Key Companies Profiled:

  • Reliance Industries Limited
  • Keysight Technologies
  • Nokia Corporation
  • Samsung Electronics Co., Ltd.
  • Apple Inc.
  • China Unicom (Hong Kong) Limited
  • AT&T Intellectual Property
  • MediaTek Inc.
  • SK Telecom Co., Ltd.
  • Nippon Telegraph and Telephone Corporation
  • Telefonaktiebolaget LM Ericsson
  • Verizon
  • Huawei Technologies Co., Ltd.
  • Intel Corporation
  • ZTE Corporation
  • T-Mobile USA, Inc.
  • Resonac Holdings Corporation
  • Solvay
  • DuPont
  • DAIKIN INDUSTRIES, Ltd.

Geographies Covered

  • North America: U.S., Canada, and Mexico
  • EuropeGermanyFinlandSwedenSwitzerland, and Rest-of-Europe
  • U.K.
  • China
  • Asia-Pacific and JapanJapanSouth KoreaIndiaAustralia, and Rest-of-Asia-Pacific and Japan
  • South AmericaBrazil and Rest-of-South America
  • Middle East and Africa: U.A.E. and Rest-of-Middle East and Africa

Recent Developments in the 6G Market

  • In June 2023, Keysight Technologies introduced PathWave Advanced Design System (ADS) 2024, which can accelerate 5G mmWave product design and foresee requirements for 6G wireless communications development.
  • In April 2023, Telefonaktiebolaget LM Ericsson and the government of Canada announced plans to invest around $350 million in research and development centers in Ottawa, Ontario, and Montreal, Quebec facilities.
  • In March 2023, Resonac Holdings Corporation announced plans to start the development of new semiconductor materials for 6G at the newly opened innovation base.
  • In February 2023, Nippon Telegraph and Telephone Corporation announced a collaboration with Telefonaktiebolaget LM Ericsson and Keysight Technologies for the expansion of 6G.
  • In February 2023, Nokia Corporation announced that the company had achieved two key technological milestones in 6G, with partners NTT Corporation and NTT Docomo, Inc.

How 6G Market – A Global and Regional Analysis Can Add Value

Product/Innovation Strategy: The product segment outlines 6G applications based on device, communication infrastructure, material, and end-use application. Given the rising demand for swift data transfer and low latency for enhanced user experience and industrial tasks, the 6G sector is set to be lucrative.

Growth/Marketing Strategy: The 6G market, currently in its conceptual phase, is poised for rapid growth. Opportunities abound for both existing and new players, with strategies ranging from mergers and acquisitions to partnerships and product launches. Partnerships and product development are the dominant approaches for market strongholds.

Competitive Strategy: The study profiles key 6G market players involved in the development and marketing of 6G solutions. Competitive benchmarking provides a clear market overview. It can be used to conduct a 6G SWOT analysis, Porter’s five forces analysis for the 6G market, and more. Further, strategies such as partnerships and collaborations hint at potential market opportunities.

USP of the 6G Market – A Global and Regional Analysis Report

The following are some of the USPs of this report:

  • A dedicated section focusing on the current and futuristic trends adopted by the key players operating in the 6G market
  • Extensive competitive benchmarking of the companies operating in the ecosystem, offering a holistic view of the 6G market landscape
  • Qualitative and quantitative analysis of the 6G market at the region and country level and granularity by application and product segments
  • Transitioning from 5G to 6G
  • Technologies supporting 6G
  • Ecosystem/ongoing programs
  • Supply chain analysis
  • Demand by material type for 6G market and company profiles
  • Stakeholder analysis
  • Patent analysis

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Artificial Intelligence

ID Quantique launches a quantum-safe communication ecosystem to facilitate the adoption of Quantum networks, with HEQA Security, LuxQuanta, Quantum Optics Jena and ThinkQuantum as first partners

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GENEVA, May 14, 2024 /PRNewswire/ — To accommodate the growing demand for telecom-grade solutions that enable fast and cost-effective migration to quantum-safe communications, ID Quantique’s new Clarion KX software platform now supports multi-vendor Quantum Key Distribution (QKD) interoperability. Today, we are pleased to welcome new technology partners: HEQA Security, LuxQuanta, Quantum Optics Jena and ThinkQuantum to our Clarion KX ecosystem.

With the looming threat of quantum computers capable of breaking public-key cryptography, the reality of “harvest now, decrypt later” attack poses immediate threat to the confidentiality of enterprise, government, and IT service providers’ data. Organizations worldwide are grappling with the urgency of migrating to quantum-safe infrastructure – the most complex, time-sensitive, and costly cryptographic overhaul in IT history. Stakes are high, as failure to timely employ available mitigation strategies could expose them to significant liabilities.
To fully mitigate the associated risks, organizations are now looking to enforce a defense in depth approach by leveraging both quantum-based and algorithmic technologies at different layers of the network stack. QKD solutions, the key building block of this strategy, have been already recognized to play a critical role in ensuring long term resilience to Quantum threat.
ID Quantique Clarion KX platform leverages an open and service-based architecture to support a cost-effective scale up of QKD networks. It provides for orchestration and management of out-of-band quantum-key delivery in real time, regardless of the underlying QKD solutions or the location of the consuming encryption appliances. With its support for heterogeneous QKD infrastructure in complex and SLA demanding environments, IDQ’s Clarion KX platform also enables telecom operators to generate new revenue streams by providing new Quantum-Safe as a Service offerings to their B2B customers looking for long-term security assurance.
With ID Quantique’s expanded ecosystem and open interfaces, customers can now also leverage hybrid QKD networks, including continuous variables (CV) QKD, discrete variables (DV) QKD or Entanglement based QKD.
“We are extremely proud to break another important barrier to large-scale adoption of quantum networks. Said Grégoire Ribordy CEO of ID Quantique. Offering a vendor-agnostic ecosystem allowing heterogeneous QKD infrastructure was one of the next logical steps the market was expecting – and this is now available thanks to our partners.”
 “Reaching QKD interoperability is a significant market milestone that empowers customers to choose products freely for their networks, maximizing flexibility and adaptability to meet business needs. Said Nir Bar-Lev, CEO, HEQA Security. This customer-centric approach reflects HEQA Security’s dedication to delivering innovative solutions, even before standards are fully finalized.”
“Safeguarding both present and future communications requires customized solutions aligned with specific network requirements. That is why we must ensure multi-vendor interoperability, allowing our industry to build on the unique properties and specifications of each QKD and related technologies from different providers.” says Vanesa Diaz, CEO of LuxQuanta. “We are very pleased with the seamless work that both our teams have done to integrate our NOVA LQ® system with Clarion KX software, and we look forward to continuing to nurture this partnership.
“The integration of different technological approaches is an important step for future network architecture,” says Kevin Füchsel, CEO of Quantum Optics Jena. “The demonstration shows that our partners and customers can rely on simple and fast interoperability. This brings us a big step closer to multi-user and multi-vendor networks.”
“Partnering between ThinkQuantum and IDQ for the mutual recognition of our own quantum networking solutions is definitely moving in the direction of overcoming the competition we daily experience on the market to cooperate in the support of our common clients and Industry growth”, Simone Capeleto, CEO of ThinkQuantum.
More info on Clarion KX Platform
For more information visit our website:www.idquantique.comwww.heqa-sec.comwww.LuxQuanta.comwww.qo-jena.comwww.thinkquantum.com
Photo: https://mma.prnewswire.com/media/2412582/ID_Quantique.jpgLogo: https://mma.prnewswire.com/media/2412581/ID_Quantique_Logo.jpg
Contact: Catherine Simondi – VP Marketing and Communication, ID Quantique, [email protected] or + 42 22 801 83 71 
 

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Artificial Intelligence

Sona, next-generation workforce management for frontline, raises $27.5M Series A led by Felicis

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LONDON, May 14, 2024 /PRNewswire/ — Sona, the next-generation, intelligent workforce management platform for frontline enterprises founded by Steffen Wulff Petersen, Oli Johnson and Ben Dixon, announced today its $27.5M Series A. Felicis led the financing with participation from Northzone, Google’s AI-fund Gradient, SpeedInvest, Antler, BAG Ventures, and numerous notable angels participated in the round. Sona has raised $40M+ to date and will use this fresh round of capital to expand its go-to-market function and build more advanced AI capabilities on its platform. In 2023 alone, Sona experienced an explosive 400%+ revenue growth. To date, over 4.6 million shifts have been created on Sona.

The frontline workforce represents nearly 2 billion people worldwide, 56% of the global workforce. In spite of this, frontline innovations have received

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Artificial Intelligence

Dangbei to Unveil Mars Pro 2: World’s First Google TV 4K Laser Projector with Licensed Netflix

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A leap forward in home entertainment, combining a super-bright 4K laser cinema with the convenience of Google TV and licensed Netflix access
TUMWATER, Wash., May 14, 2024 /PRNewswire/ — Dangbei, an innovator in smart entertainment, today announces the launch of its flagship model, Dangbei Mars Pro 2, the world’s first Google TV 4K laser projector with a built-in, licensed Netflix app. It marks the first projector to combine laser-illuminated Ultra HD picture, Dolby and DTS:X surround sound, the vast content universe of Google TV, and advanced smart controls. This makes it a truly all-in-one entertainment hub, transforming spaces into a movie theater, a gaming arena, or even a sports bar.

The Brightest Projector from Dangbei
Boasting a stellar 2450 ISO lumens powered by a laser light source, Dangbei Mars Pro 2 is Dangbei’s brightest projector to date. This translates to consistently vibrant visuals, day or night, for years to come. The premium 4K UHD picture with HDR10+ support offers a theater-quality experience, and the ALPD® technology ensures speckle-free and color fringing-free visuals.
Netflix and More at Fingertips
Mars Pro 2 makes streaming a breeze. The pre-installed, licensed Netflix app delivers smooth, stutter-free playback, taking Netflix viewing on projectors to new heights. Google TV’s intuitive interface allows for managing watchlists, multiple profiles, and getting personalized recommendations from all preferred streaming services, including Netflix, YouTube, Prime Video, Hulu, Disney+, and more.
Big Picture, Big Sound
Despite its compact size compared to traditional projectors, Mars Pro 2 can project expansive images up to 200 inches—over 2.5 times larger than a 75-inch TV. The immersive adventure goes beyond visuals. Mars Pro 2 boasts powerful sound with dual 12W built-in speakers, a spacious 600ml sound chamber, Dolby Audio, and DTS:X support, creating a next-level cinematic soundscape.
Smarter Image Optimization
Mars Pro 2 debuts Dangbei’s next-gen intelligent image optimization technology, InstanPro AI Image Setup. It leverages a combination of dToF, CMOS, and AI algorithms to offer a range of functionalities. Users can enjoy faster autofocus, auto keystone, screen fit, obstacle avoidance, eye protection, and AI brightness control—all designed for a perfect viewing experience.
Unleash Endless Entertainment
Dangbei Mars Pro 2 is a one-stop shop for entertainment. A dedicated game mode with low latency, 4K 60Hz refresh rate, HDMI 2.1, and WiFi 6 ensures seamless gameplay. MEMC technology smooths out fast-action for sporting events and more. Plus, Mars Pro 2 comes with 3D capabilities including Blu-ray, all delivered in whisper-quiet operation under 24 dB for uninterrupted enjoyment.
Pricing and Availability
Dangbei Mars Pro 2 will be officially released on May 28th, available both on the official website and Amazon US for $1899. To mark the occasion, Dangbei will offer a special discount of $400, bringing the price down to $1499. Customers can even claim a free gimbal stand (valued at $139) with their purchase of Mars Pro 2 on the Official Website, by subscribing to the newsletter prior to launch. 
The new product will also be available on Amazon UK/EU and other marketplaces like MediaMarkt, Fnac, Alza, Datart, and Allegro.
About Dangbei
Dangbei is a premium smart entertainment provider specializing in projectors and other innovative products. Trusted by over 200 million users worldwide, Dangbei offers stunning visuals and immersive sound, transforming spaces into vibrant entertainment, work, and life hubs.
In China, Dangbei leads in software for large screens, providing a vast app and content library across entertainment, health, education, and productivity. Dangbei ranks Top 2 in terms of shipments in China and Top 1 in the laser projector category. Learn more at us.dangbei.com.
Photo – https://mma.prnewswire.com/media/2397856/Mars_Pro_2.jpg

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