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Europe 6G Market - Analysis and Forecast, 2029-2035

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  • 132 Pages
  • December 2023
  • Region: Europe
  • BIS Research
  • ID: 5914405
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The Europe 6G market is projected to be $0.32 billion in 2028, and it is expected to grow at a CAGR of 100.72% and reach $240.02 billion by 2035. Europe 6G market is expected to increase because of the increasing demand for low latency networks for particular applications, as well as the expanding use of edge computing devices and internet services.

Market Introduction

With numerous nations and businesses investing in the technology, Europe is establishing itself as a pioneer in 6G research and development. The 6G Action Plan was introduced by the European Union to organize and finance regional research projects. It seeks to guarantee that Europe can compete with other major players worldwide and maintains its leadership position in 6G innovation.

A number of European nations have set up specialized research facilities and testbeds to investigate and advance 6G technology, including Finland, Sweden, and Germany. Several European-based companies are actively engaged in 6G research and development, including Ericsson and Nokia.

Numerous use cases and applications, such as improved mobile broadband, ultra-reliable low-latency communications, enormous machine-type communications, and holographic communications, are anticipated to propel the Europe 6G industry. To enable high-speed, low-latency, and efficient wireless communication, these applications will need advanced technologies like artificial intelligence, terahertz frequency, and millimeter-wave communication.

Overall, the Europe 6G market is anticipated to present noteworthy prospects for technology suppliers, network operators, and other relevant industry participants. It will be essential to the advancement of next-generation wireless technology and the digital revolution in a number of sectors, such as manufacturing, entertainment, transportation, and healthcare.

Market Segmentation:

Segmentation 1: by End-Use Application

  • Consumer Application
  • Industrial and Enterprise

Segmentation: by Consumer Application

  • Mobile
  • M2M Communication
  • Computing

Segmentation: by Industrial and Enterprise

  • Industry 4.0
  • Smart City and Urban Infrastructure
  • E-Healthcare
  • Autonomous Vehicles
  • Others

Segmentation 2: by Product Type

  • Device
  • Communication Infrastructure

Segmentation 3: by Material Type

  • Plastics and Resins
  • Ceramics and Composites
  • Glass
  • Semiconductor Materials
  • Others

Segmentation 4: by Region

  • Europe: Germany, Finland, Sweden, Switzerland, and Rest-of-Europe

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different applications of the 6G products available based on device type (mobile devices, IoT and edge-computing devices, networking devices, and others), communication infrastructure (wireless infrastructure (mobile cellular, and mobile broadband) and fixed infrastructure), material (plastics and resins, ceramics and composites, glass, semiconductor materials, and others (silica foams, and iron oxide, among others), and end-use application (consumer applications (mobile, M2M communication, IoT and edge-computing devices) and industrial and enterprise (Industry 4.0, smart city and urban infrastructure, e-healthcare, autonomous vehicles, and others)). The increasing need for low latency and high data transfer networks for better consumer experience and industrial operations is pushing the market for 6G. Therefore, the 6G business is projected to be a high-investment and high-revenue generating model.

Growth/Marketing Strategy: The Europe 6G market is at the development or conceptualization stage and is projected to grow at a rapid pace. The market offers enormous opportunities for existing and emerging market players. Some of the strategies covered in this segment are mergers and acquisitions, partnerships and collaborations, product launches, business expansions, and investments. The strategies preferred by companies to maintain and strengthen their market position primarily include partnerships and collaborations followed by product development.

Competitive Strategy: The key players in the Europe 6G market analyzed and profiled in the study include 6G manufacturers that develop, maintain, and market 6G technology services, devices, equipment, and materials. Moreover, a detailed competitive benchmarking of the players operating in the 6G market has been done to help the reader understand the ways in which players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations are expected to aid the reader in understanding the untapped revenue pockets in the market.


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Table of Contents

1 Markets
1.1 Industry Outlook
1.1.1 Trends: Current and Future
1.1.1.1 Growing Adoption of Home Automation Solutions
1.1.1.2 Collaborations and Partnerships for Development of 6G Technologies
1.1.1.3 Growing Initiatives and Support from Governments Across the Globe
1.1.2 Supply Chain Analysis
1.1.3 Ecosystem/Ongoing Programs
1.1.3.1 Consortiums and Associations
1.1.4 Stakeholder Analysis
1.1.4.1 Telecom Operators and Network Equipment
1.1.4.1.1 Change in Telecom Operators Value Proposition and Adoptions of New Strategies
1.1.4.2 Application-Oriented Companies
1.1.4.2.1 Growth in Demand for Internet Applications Influencing the Growth in Internet and Mobile Subscription
1.1.4.2.2 Smart City and Smart Mobility Applications to Boost the Demand for High-Speed Connectivity
1.1.4.2.3 Others
1.1.5 Technologies Supporting 6G.
1.1.5.1 Artificial Intelligence (AI)
1.1.5.2 Terahertz Communication
1.1.5.3 Optical Wireless Communication
1.1.5.4 Free Space Optical Backhaul
1.1.5.5 Blockchain
1.1.5.6 Aerial Vehicles
1.1.5.7 Cell-Free Communications
1.1.5.8 Big Data Analytics
1.1.6 Transitioning from 5G to 6G
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 High Emphasis on Low Latency Network for Specific Applications
1.2.1.2 Growing Adoption of Internet Services and Edge Computing Devices
1.2.1.3 Growth of Smart Technologies
1.2.1.4 Increased Emphasis on Satellite Communication
1.2.1.5 Development of New Low-Loss Materials for Advance Network
1.2.2 Business Challenges
1.2.2.1 Slower Transition from Older Communication Generation
1.2.2.2 Very Large Investment Requirements
1.2.2.3 Data Security and Privacy Threats
1.2.3 Business Opportunities
1.2.3.1 Use of Holography in Communication
1.2.3.2 6G in Growth of IoT, Blockchain, and Artificial Intelligence
1.2.3.3 UN SDGs and Mobile Communications
1.2.4 Business Strategies
1.2.4.1 Product Developments
1.2.4.2 Market Developments
1.2.5 Corporate Strategies
1.3 Start-Up Landscape
1.3.1 Key Start-Ups in the Ecosystem
1.4 Patent Analysis
1.4.1 Patent Analysis (by Status)
1.4.2 Patents Analysis (by Patent Office)
1.4.3 Patents Analysis (by Organization)
1.5 Case Study
2 Region
2.1 Europe
2.1.1 Market
2.1.1.1 Buyers Attributes
2.1.1.2 Key Manufacturers/Suppliers in Europe
2.1.1.3 Business Challenges
2.1.1.4 Business Drivers
2.1.2 Application
2.1.2.1 Europe 6G Market (by End-use Application), Value Data
2.1.2.1.1 Europe 6G Market (by Consumer Application), Value Data
2.1.2.1.2 Europe 6G Market (by Industrial and Enterprise Application), Value Data
2.1.3 Product
2.1.3.1 Europe 6G Market (by Product Type), Value Data
2.1.3.1.1 Europe 6G Market (by Device), Value Data
2.1.3.1.2 Europe 6G Market (by Communication Infrastructure), Value Data
2.1.3.1.2.1 Europe 6G Market (by Wireless Infrastructure), Value Data
2.1.3.2 Europe 6G Market (by Material), Value Data
2.1.4 Europe 6G Market (by Country), Value Data
2.1.5 Europe (by Country)
2.1.5.1 Germany
2.1.5.1.1 Market
2.1.5.1.1.1 Buyers Attributes
2.1.5.1.1.2 Key Manufacturers/Suppliers in Germany
2.1.5.1.1.3 Business Challenges
2.1.5.1.1.4 Business Drivers
2.1.5.1.2 Application
2.1.5.1.2.1 Germany 6G Market (by End-use Application), Value Data
2.1.5.1.2.1.1 Germany 6G Market (by Consumer Application), Value Data
2.1.5.1.2.1.2 Germany 6G Market (by Industrial and Enterprise Application), Value Data
2.1.5.1.3 Product
2.1.5.1.3.1 Germany 6G Market (by Product Type), Value Data
2.1.5.1.3.1.1 Germany 6G Market (by Device), Value Data
2.1.5.1.3.1.2 Germany 6G Market (by Communication Infrastructure), Value Data
2.1.5.1.3.2 Germany 6G Market (by Material), Value Data
2.1.5.2 Finland
2.1.5.2.1 Market
2.1.5.2.1.1 Buyers Attributes
2.1.5.2.1.2 Key Manufacturers/Suppliers in Finland
2.1.5.2.1.3 Business Challenges
2.1.5.2.1.4 Business Drivers
2.1.5.2.2 Application
2.1.5.2.2.1 Finland 6G Market (by End-use Application), Value Data
2.1.5.2.2.1.1 Finland 6G Market (by Consumer Application), Value Data
2.1.5.2.2.1.2 Finland 6G Market (by Industrial and Enterprise Application), Value Data
2.1.5.2.3 Product
2.1.5.2.3.1 Finland 6G Market (by Product Type), Value Data
2.1.5.2.3.1.1 Finland 6G Market (by Device), Value Data
2.1.5.2.3.1.2 Finland 6G Market (by Communication Infrastructure), Value Data
2.1.5.2.3.2 Finland 6G Market (by Material), Value Data
2.1.5.3 Sweden
2.1.5.3.1 Market
2.1.5.3.1.1 Buyers Attributes
2.1.5.3.1.2 Key Manufacturers/Suppliers in Sweden
2.1.5.3.1.3 Business Challenges
2.1.5.3.1.4 Business Drivers
2.1.5.3.2 Application
2.1.5.3.2.1 Sweden 6G Market (by End-use Application), Value Data
2.1.5.3.2.1.1 Sweden 6G Market (by Consumer Application), Value Data
2.1.5.3.2.1.2 Sweden 6G Market (by Industrial and Enterprise Application), Value Data
2.1.5.3.3 Product
2.1.5.3.3.1 Sweden 6G Market (by Product Type), Value Data
2.1.5.3.3.1.1 Sweden 6G Market (by Device), Value Data
2.1.5.3.3.1.2 Sweden 6G Market (by Communication Infrastructure), Value Data
2.1.5.3.3.2 Sweden 6G Market (by Material), Value Data
2.1.5.4 Switzerland
2.1.5.4.1 Market
2.1.5.4.1.1 Buyers Attributes
2.1.5.4.1.2 Key Manufacturers/Suppliers in Switzerland
2.1.5.4.1.3 Business Challenges
2.1.5.4.1.4 Business Drivers
2.1.5.4.2 Application
2.1.5.4.2.1 Switzerland 6G Market (by End-use Application), Value Data
2.1.5.4.2.1.1 Switzerland 6G Market (by Consumer Application), Value Data
2.1.5.4.2.1.2 Switzerland 6G Market (by Industrial and Enterprise Application), Value Data
2.1.5.4.3 Product
2.1.5.4.3.1 Switzerland 6G Market (by Product Type), Value Data
2.1.5.4.3.1.1 Switzerland 6G Market (by Device), Value Data
2.1.5.4.3.1.2 Switzerland 6G Market (by Communication Infrastructure), Value Data
2.1.5.4.3.2 Switzerland 6G Market (by Material), Value Data
2.1.5.5 Rest-of-Europe
2.1.5.5.1 Market
2.1.5.5.1.1 Buyers Attributes
2.1.5.5.1.2 Key Manufacturers/Suppliers in Rest-of-Europe
2.1.5.5.1.3 Business Challenges
2.1.5.5.1.4 Business Drivers
2.1.5.5.2 Application
2.1.5.5.2.1 Rest-of-Europe 6G Market (by End-use Application), Value Data
2.1.5.5.2.1.1 Rest-of-Europe 6G Market (by Consumer Application), Value Data
2.1.5.5.2.1.2 Rest-of-Europe 6G Market (by Industrial and Enterprise Application), Value Data
2.1.5.5.3 Product
2.1.5.5.3.1 Rest-of-Europe 6G Market (by Product Type), Value Data
2.1.5.5.3.1.1 Rest-of-Europe 6G Market (by Device), Value Data
2.1.5.5.3.1.2 Rest-of-Europe 6G Market (by Communication Infrastructure), Value Data
2.1.5.5.3.2 Rest-of-Europe 6G Market (by Material), Value Data
3 Markets - Competitive Benchmarking & Company Profiles
3.1 Competitive Benchmarking
3.1.1 Competitive Position Matrix
3.2 Product Matrix for Key Companies
3.3 Market Share Analysis of Key Companies
3.4 Company Profiles
3.4.1 Telefonaktiebolaget LM Ericsson
3.4.1.1 Company Overview
3.4.1.1.1 Role of Telefonaktiebolaget LM Ericsson in the 6G Market
3.4.1.1.2 Product Portfolio
3.4.1.2 Business Strategies
3.4.1.2.1 Market Development
3.4.1.2.2 Product Development
3.4.1.3 Corporate Strategies
3.4.1.3.1 Partnerships, Acquisitions, Collaborations, and Joint Ventures
3.4.1.4 R&D Analysis
3.4.1.5 Analyst View
4 Research Methodology
4.1 Primary Data Sources
4.2 Secondary Data Sources
4.3 Top-Down and Bottom-Up Approach
4.4 Assumptions and Limitations
List of Figures
Figure 1: 6G Market, $Billion, 2028-2035
Figure 2: 6G Market (by Application), $Billion, 2028 and 2035
Figure 3: 6G Market (by Product), $Billion, 2028 and 2035
Figure 4: 6G Market (by Material), $Million, 2028 and 2035
Figure 5: 6G Market (by Region), $Million, 2028
Figure 6: Supply Chain Analysis of the 6G Market
Figure 7: Stakeholders Analysis Matrix
Figure 8: Influence of 6G on Application Oriented Companies
Figure 9: Events Affecting Growth in Internet Users.
Figure 10: Internet Demand Cycle
Figure 11: Relationship Between Smart Infrastructure and 6G
Figure 12: Role of Government Bodies in Telecommunications
Figure 13: Technologies Supporting the 6G Market.
Figure 14: Telecom Generation Timeline and Advancements
Figure 15: Product Life Cycle and Transition of Various Telecommunications Generation
Figure 16: Business Dynamics for 6G Market.
Figure 17: Streaming Latency Continuum
Figure 18: Mobile-Cellular Telephone Subscriptions
Figure 19: Share of Key Market Strategies and Developments, January 2021-July 2023
Figure 20: Share of Developments (by Company), January 2021-July 2023
Figure 21: Patent Analysis (by Status) (January 2020-July 2023)
Figure 22: Year-Wise Total Patents Filed or Granted for 6G January 2020-July 2023
Figure 23: Patents Analysis (by Patent Office) for 5G and 6G, January 2020-July 2023
Figure 24: Patents Analysis (by Organization) for 5 G and 6G, January 2020-July 2023
Figure 25: Case study on 6G
Figure 26: Case study on 5G
Figure 27: Telefonaktiebolaget LM Ericsson: R&D Expenditure, $Million, 2020-2022
Figure 28: Research Methodology
Figure 29: Top-Down and Bottom-Up Approach
Figure 30: Influencing Factors of the 6G Market
Figure 31: Assumptions and Limitations
List of Tables
Table 1: 6G Market Snapshot, $Billion, 2028 and 2035
Table 2: Key Consortiums and Associations in 6G Technology
Table 3: Key Product Developments, January 2021-July 2023
Table 4: Key Product Developments, January 2021-July 2023
Table 5: Key Partnerships, Collaborations, Acquisitions, and Joint Ventures, January 2021-July 2023
Table 6: 6G Market (by Region), $Billion, 2028-2035
Table 7: Europe 6G Market (by End-use Application), $Billion, 2028-2035
Table 8: Europe 6G Market (by Consumer Application), $Billion, 2028-2035
Table 9: Europe 6G Market (by Industrial and Enterprise Application), $Billion, 2028-2035
Table 10: Europe 6G Market (by Product Type), $Billion, 2028-2035
Table 11: Europe 6G Market (by Device), $Billion, 2028-2035
Table 12: Europe 6G Market (by Communication Infrastructure), $Billion, 2028-2035
Table 13: Europe 6G Market (by Wireless Infrastructure), $Billion, 2028-2035
Table 14: Europe 6G Market (by Material), $Million, 2028-2035
Table 15: Europe 6G Market (by Country), $Million, 2028-2035
Table 16: Germany 6G Market (by End-use Application), $Million, 2028-2035
Table 17: Germany 6G Market (by Consumer Application), $Million, 2028-2035
Table 18: Germany 6G Market (by Industrial and Enterprise Application), $Million, 2028-2035
Table 19: Germany 6G Market (by Product Type), $Million, 2028-2035
Table 20: Germany 6G Market (by Device), $Million, 2028-2035
Table 21: Germany 6G Market (by Communication Infrastructure), $Million, 2028-2035
Table 22: Germany 6G Market (by Wireless Infrastructure), $Million, 2028-2035
Table 23: Germany 6G Market (by Material), $Million, 2028-2035
Table 24: Finland 6G Market (by End-use Application), $Million, 2028-2035
Table 25: Finland 6G Market (by Consumer Application), $Million, 2028-2035
Table 26: Finland 6G Market (by Industrial and Enterprise Application), $Million, 2028-2035
Table 27: Finland 6G Market (by Product Type), $Million, 2028-2035
Table 28: Finland 6G Market (by Device), $Million, 2028-2035
Table 29: Finland 6G Market (by Communication Infrastructure), $Million, 2028-2035
Table 30: Finland 6G Market (by Wireless Infrastructure), $Million, 2028-2035
Table 31: Finland 6G Market (by Material), $Million, 2028-2035
Table 32: Sweden 6G Market (by End-use Application), $Million, 2028-2035
Table 33: Sweden 6G Market (by Consumer Application), $Million, 2028-2035
Table 34: Sweden 6G Market (by Industrial and Enterprise Application), $Million, 2028-2035
Table 35: Sweden 6G Market (by Product Type), $Million, 2028-2035
Table 36: Sweden 6G Market (by Device), $Million, 2028-2035
Table 37: Sweden 6G Market (by Communication Infrastructure), $Million, 2028-2035
Table 38: Sweden 6G Market (by Wireless Infrastructure), $Million, 2028-2035
Table 39: Sweden 6G Market (by Material), $Million, 2028-2035
Table 40: Switzerland 6G Market (by End-use Application), $Million, 2028-2035
Table 41: Switzerland 6G Market (by Consumer Application), $Million, 2028-2035
Table 42: Switzerland 6G Market (by Industrial and Enterprise Application), $Million, 2028-2035
Table 43: Switzerland 6G Market (by Product Type), $Million, 2028-2035
Table 44: Switzerland 6G Market (by Device), $Million, 2028-2035
Table 45: Switzerland 6G Market (by Communication Infrastructure), $Million, 2028-2035
Table 46: Switzerland 6G Market (by Wireless Infrastructure), $Million, 2028-2035
Table 47: Switzerland 6G Market (by Material), $Million, 2028-2035
Table 48: Rest-of-Europe 6G Market (by End-use Application), $Million, 2028-2035
Table 49: Rest-of-Europe 6G Market (by Consumer Application), $Million, 2028-2035
Table 50: Rest-of-Europe 6G Market (by Industrial and Enterprise Application), $Million, 2028-2035
Table 51: Rest-of-Europe 6G Market (by Product Type), $Million, 2028-2035
Table 52: Rest-of-Europe 6G Market (by Device), $Million, 2028-2035
Table 53: Rest-of-Europe 6G Market (by Communication Infrastructure), $Million, 2028-2035
Table 54: Rest-of-Europe 6G Market (by Wireless Infrastructure), $Million, 2028-2035
Table 55: Rest-of-Europe 6G Market (by Material), $Million, 2028-2035
Table 56: Product Matrix for Key Companies
Table 57: Market Share of Key Companies
Table 58: Telefonaktiebolaget LM Ericsson: Product Portfolio

Executive Summary

The Europe 6G market is estimated to reach $240.02 billion by 2035, reveals the premium market intelligence study. The study also highlights that the market is set to witness a CAGR of 100.72% during the forecast period 2029-2035.

Major players, including Nokia, Telefonaktiebolaget LM Ericsson, Vodafone Group, Deutsche Telekom AG, and Tele2 AB, among others, cater to the demand for 5G solutions and development of 6G in the Europe region. Due to their larger consumer bases, presence of key manufacturers and suppliers, and technological advancement in the telecommunications industry, Germany, Finland, Sweden, and Switzerland have indeed been highlighted as the leading countries in the development of the 6G market in Europe.

USPs of report

  • Analysis of business drivers and challenges of the Europe 6G Market
  • Detailed analysis of 6G Market for Germany, Finland, Switzerland and Sweden
  • Supply chain analysis
  • Stakeholder analysis

Analyst’s Perspective on 6G Market

The Principal Analyst states, 'The 6G market has the ability to grow multi-fold in the coming years, owing to the ongoing developments and adoption of M2M communication and computing devices along with increasing demand for industry automation and adoption of smart technologies in different industries. Moreover, large investments will be required for developing new technology and carrying out extensive research and development efforts to meet the performance requirements of the next-generation network. Growing initiatives and support from governments across the globe are expected to further fuel the growth of the 6G market. However, certain technical challenges, such as the lack of global security guidelines and standards for 5G and 6G and increasing risks of data security and privacy threats, might restrain the growth of the 6G market. 6G technology is projected to be introduced by 2028 in some parts of the developed countries, while the technology is estimated to witness significant growth across all the region from 2030 onward.'

Key Questions Answered in the Report

  • What are the key drivers, restraints, and opportunities for Europe 6G market?
  • How is the market expected to grow during the forecast period 2029-2035?
  • What are the key developmental strategies implemented by the key players to sustain in this highly competitive market?
  • Which is expected to be the leading and fastest-growing segment in the Europe 6G market?
  • How will the adoption of the 6G technology be, and what will be the demand of the 6G market in the forecast period in different countries?

Companies Mentioned

  • Telefonaktiebolaget LM Ericsson

Table Information

Report AttributeDetails
No. of Pages132
PublishedDecember 2023
Forecast Period2029 - 2035
Estimated Market Value ( USD ) in 2029 $ 3.67 Billion
Forecasted Market Value ( USD ) by 2035 $ 240.02 Billion
Compound Annual Growth Rate100.7%
Regions CoveredEurope

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About the 6G Market

The 6G market is the next generation of mobile communication technology, following 4G and 5G. It is expected to offer faster speeds, lower latency, and improved capacity compared to its predecessors. 6G is expected to enable a wide range of new applications, such as ultra-high-definition video streaming, holographic communication, and autonomous driving. It is also expected to be more energy efficient and secure than previous generations. The 6G market is still in its early stages of development, with many companies researching and developing the technology. Companies such as Nokia, Ericsson, Huawei, and Samsung are leading the way in 6G research and development. Other companies, such as Qualcomm, Intel, and Apple, are also investing in the 6G market. Show Less Read more

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