Japan 6G Market Overview
The 6G market industry is projected to grow from USD Significant by 2032, exhibiting a compound annual growth rate (CAGR) of 32.50% during the forecast period (2023 - 2032). Some of the key market drivers anticipated to propel the expansion of the global 6G market are the rapidly expanding huge developments and growing breakthroughs in next-generation networks.
Figure 1: 6G Market Size, 2024-2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
6G Market Trends
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Growing Investments by the Government is Driving the Market Growth
The increasing expenditures made by governments and industry participants in 6G networks are one of the main reasons propelling the market's expansion. Along with monetization strategies, potential business models, and user preferences, network operators, device manufacturers, and service providers are placing more and more emphasis on the implementation of 6G services. Achieving a seamless transition and interoperability while considering how 6G will coexist with existing network technologies is another goal shared by a number of industry participants and governments. The Japanese government plans to allocate 50 billion yen, or $482 million, on research and development related to 6G wireless communications. Therefore, these investments are having a favorable effect on the market. As a result, it is anticipated to propel market expansion during the projected decade.
The increasing use of smartphones and the need for improved connectivity are major factors driving the growth of the 6G market. People are becoming more and more reliant on cellphones for a variety of functions, and smartphone and Internet usage is spreading throughout the world. The increasing number of people using smartphones has increased social networking platform usage, online gaming, and online purchases. Additionally, since smartphones are used more frequently, consumers have higher expectations for device interoperability and convenience of use. 6G technology is predicted to spread over the world as a result of factors like the growing customer demand for high-speed Internet and data services. Thus, driving the 6G market revenue.
6G Market Segment Insights
6G Vertical Insights
The Japan 6G market segmentation, based on vertical includes Agriculture, Automotive, Educational and Entertainment, Health, Manufacturing, Public Safety, and Others. The manufacturing segment dominated the market mostly. The advent of 6G technology is set to bring about a significant transformation for the manufacturing sector. With 6G networks, production processes are fundamentally transformed and automation, communication, and data exchange are all enhanced. This industry will enable interoperability between systems, devices, and equipment.
6G Application Insights
The Japan 6G market segmentation, based on application, includes Multi Sensory Extended Reality, Networked Enabled Robotic and Autonomous Systems, Blockchain, Distributed Sensing and Communications, and Others. The multi sensory extended reality category generated the most income. The gaming, education, healthcare, and entertainment sectors are just a few of the industries seeing an increase in the use of multi-sensory XR (Extended Reality). As 6G technology becomes available, it is expected that the possibilities for XR apps will expand even more. To give users an immersive experience, applications referred to as multi-sensory XR combine many senses, including touch, hearing, sight, and even smell.
6G Development Device Insights
The Japan 6G market segmentation, based on development device, includes Smartphones, Tablets, Wearables, Internet of Things (IoT) Devices and Others. The smartphones category generated the most income. By offering previously unheard-of connectivity, speed, and capabilities, 6G, the next generation of wireless technology, promises to completely transform the smartphone experience. Smartphones equipped with 6G networks can provide blazingly fast upload and download speeds, smooth HD video streaming, and nearly lag-free gaming. Real-time augmented reality, virtual reality, and immersive multimedia experiences are among the advanced functions made possible by 6G's low latency and great reliability.
Figure 1: Japan 6G Market, by Deployment Device, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
6G Regional Insights
The Japan 6G market area will grow at a significant rate because of the significant influence of important figures, government programs, and several other elements in this nation. Japan has a lengthy history of technological innovation, which helps the 6G space. Businesses like NEC and NTT DoCoMo are proactively pursuing 6G research in line with the country's goals for digital transformation and smart cities. Additionally, Japan gains from surrounding nations working together to promote research collaborations, knowledge sharing, and standardization. Moreover, the nation's progress is being propelled by government backing and expenditures in infrastructure development.
6G Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the 6G market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, 6G industry must offer cost-effective items.
Key Companies in the 6G market include
- Reliance Industries Limited.
- Keysight Technologies
- Samsung Electronics Co., Ltd.
- Nokia Corporation
- 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.
6G Market Segmentation
6G Vertical Outlook
- Agriculture
- Automotive
- Educational and entertainment
- Health
- Manufacturing
- Public Safety
- Others
6G Application Outlook
- Multi sensory extended reality
- Networked enabled robotic and autonomous systems
- Blockchain
- Distributed sensing and communications
- Others
6G Development Device Outlook
- Smartphones
- Tablets
- Wearables
- Internet of Things (IoT) devices
- Others
| Report Attribute/Metric |
Details |
| Market Size 2022 |
Significant |
| Market Size 2023 |
Significant |
| Market Size 2032 |
Significant |
| Compound Annual Growth Rate (CAGR) |
32.50% (2023-2032) |
| Base Year |
2022 |
| Market Forecast Period |
2023-2032 |
| Historical Data |
2018- 2022 |
| Market Forecast Units |
Value (USD Billion) |
| Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered |
Vertical, Application, Development Device, and Region |
| Countries Covered |
Japan |
| 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, and DAIKIN INDUSTRIES, Ltd. |
| Key Market Opportunities |
·      Increasing Government and Industry Players' Investments in 6G Networks |
| Key Market Dynamics |
·      Growing Need for Extremely Fast and Dependable Connectivity ·      Expanding Use of Smartphones and the Need for Improved Connectivity |
Frequently Asked Questions (FAQ) :
The Japan 6G market size was valued at USD Significant in 2022.
The market is projected to grow at a CAGR of 32.50% during the forecast period, 2023-2032.
The key players in the market are 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, and DAIKIN INDUSTRIES, Ltd.
The smartphones category dominated the market in 2022.
The multi sensory extended reality category had the largest share in the market.
