6G, or the sixth-generation mobile communication standard, is a conceptual wireless network mobile communication technology, also known as the sixth-generation mobile communication technology. Its primary function is to promote the development of the internet. 6G networks will create a fully connected world integrating terrestrial wireless and satellite communications. By integrating satellite communications into 6G mobile communications, seamless global coverage will be achieved, allowing network signals to reach even the most remote villages, enabling patients in remote mountainous areas to receive telemedicine, and children to receive distance education.
In the 5G era, Chinese companies have caught up in network technology and hold the most 5G patents globally. Now, many countries are developing 6G, and Chinese companies are also making early moves in this area. The latest research shows that China has applied for nearly 50% of the world's 6G patents, far ahead of other companies.
Market Research Future (MRFR) recently released a "6G Market Research and Analysis Report," which shows that nearly 50% of global 6G patent applications come from China, with the remainder from other countries/regions.
The MRFR projects that the global 6G market will be worth $340 billion by the end of 2040. The report further predicts that the 6G market will thrive at a CAGR of over 58% between 2030 and 2040.
The Asia-Pacific region will lead the global 6G market development, as it, especially China, is increasingly focusing on satellite communications and related technological improvements, and will hold the largest share of value in the global 6G market.
Secondly, the North American market, MRFR believes, is likely to be driven by growing demand for innovation and its significant impact on consumers' quality of life in the near future, which could fuel the expansion of the North American 6G market.
Furthermore, with the coordinated support of the Global Positioning System, telecommunications satellite systems, Earth imagery satellite systems, and 6G terrestrial networks, a comprehensive air-ground coverage network can help humans predict weather and respond quickly to natural disasters. This is the future of 6G. 6G communication technology is no longer simply a breakthrough in network capacity and transmission speed; it aims to bridge the digital divide and achieve the "ultimate goal" of the Internet of Things—this is the significance of 6G. 6G's data transmission rate may reach 50 times that of 5G, and its latency may be reduced to one-tenth of 5G. It will far surpass 5G in peak speed, latency, traffic density, connection density, mobility, spectrum efficiency, and positioning capabilities.
In the 5G era, Chinese companies have caught up in network technology and hold the most 5G patents globally. Now, many countries are developing 6G, and Chinese companies are also making early moves in this area. The latest research shows that China has applied for nearly 50% of the world's 6G patents, far ahead of other companies.
Market Research Future (MRFR) recently released a "6G Market Research and Analysis Report," which shows that nearly 50% of global 6G patent applications come from China, with the remainder from other countries/regions.
Market research firm Market Research Future predicts that the global 6G market will exceed $340 billion (approximately RMB 2.4449 trillion) by 2040, with a compound annual growth rate of 58.1%. The firm believes that China will be one of the world's largest 6G markets and an early adopter of 6G technology.
From an application perspective, 6G is the successor to 5G, utilizing higher frequencies to provide greater capacity and lower latency. Furthermore, telecom companies participating in the 6G market are focused on developing 5G spectrum and working to facilitate the transition from 4G to 5G. Currently, 6G is still in the research and development phase, with smartphone manufacturers, smart technology suppliers, semiconductor suppliers, and related technology companies focusing on developing applications for the 6G spectrum. These applications include smart cities, edge devices, autonomous driving, holographic communications, and satellite communications. These applications are expected to have a significant impact on the 6G market.
From a market perspective, the main drivers of the 6G industry are the industry's increasing emphasis on connectivity and the growing demand for 6G communications from technologies such as the Internet of Things (IoT) and blockchain. Therefore, the commercialization of this connectivity-dependent technology will be propelled by high-speed internet and remote connectivity. Advances in cellular network technology will enable users to experience faster data rates and lower latency, leading to a rapid increase in the use of data-intensive services and applications. The significant increase in cellular network data volume is primarily driven by user demand for video and business applications. Furthermore, rapid urbanization has led to a large-scale migration of people to major cities, and connectivity has played a crucial role in this migration; this trend is expected to have a significant impact on the adoption of 6G technology.
In terms of overall size, the MRFR projects the global 6G market to be worth $340 billion by the end of 2040. The increasing demand for 6G communications from technologies such as blockchain and the Internet of Things will strongly drive 6G market growth during the forecast period (2031-2040). The MRFR further predicts that the 6G market will flourish at a CAGR of over 58% between 2030 and 2040.
It is reported that in June 2019, just two months after South Korea's three major telecom operators launched 5G commercial services, foreign media reported that Samsung upgraded its original next-generation mobile communications research group into a research center within Samsung Research, which is responsible for the company's overall research and development. This newly established research center will conduct research and development on core 6G technologies to accelerate research on 6G solutions and standardization.
According to the latest reports from foreign media, Samsung Electronics, which began 6G research and development three years ago, has announced the establishment of a new research group in the UK, focusing on the research and development of 6G network and equipment technologies.
From an application perspective, 6G is the successor to 5G, using higher frequencies to provide greater capacity and lower latency. Currently, 6G is still in the research and development stage, with smartphone manufacturers, smart technology suppliers, semiconductor suppliers, and related technology companies focusing on developing applications for the 6G spectrum, including smart cities, edge devices, autonomous driving, holographic communications, and satellite communications. These applications are expected to have a significant impact on the 6G market.
From a market perspective, the main drivers of 6G are the industry's increasing emphasis on connectivity and the growing demand for 6G communications from technologies such as the Internet of Things (IoT) and blockchain. Therefore, the commercialization of this connectivity-dependent technology will be propelled by high-speed internet and remote connectivity. Advances in cellular network technology will enable users to experience faster data rates and lower latency, leading to a rapid increase in the use of data-intensive services and applications. The significant increase in cellular network data volume is primarily driven by user demand for video and business applications. Furthermore, rapid urbanization has led to a large-scale migration of people to major cities, and connectivity has played a crucial role in this migration; this trend is expected to have a significant impact on the adoption of 6G technology.
Regarding Huawei's current 5G status, Ren Zhengfei previously stated: "Huawei is at least 2-3 years ahead of Europe and the United States in terms of technology!" The United States is naturally aware of this gap and has been trying to slow down Huawei's continued 5G development through various means. Huawei's completely independent research and development of technology and its mastery of a large number of technology patents have left them with no way to take action.
Huawei is currently the only vendor capable of providing end-to-end services. European and American countries cannot compete with Huawei's technology patents to deploy a complete 5G network. Previously, the United States confidently assembled top global companies, attempting to use Open RAN technology as a breakthrough to reverse its disadvantage in communication technology, but this plan has now completely failed.
