Quick Summary:
In the continually evolving telecommunication industry, understanding forthcoming developments and advancements is crucial. This meticulous research service comprehensively explores the current market trajectory and future growth avenues in the realm of 6G testing. Emphasizing on key market mechanisms such as network virtualization, remote monitoring, centralization, and security, the report demonstrates lucidly how these components are driving growth in this domain. Highlighting the major components centered around 6G research like RF, digital, fiber-optic test equipment, and semiconductor ATE, it offers a detailed assessment of the contributing factors to the market.
Looking onwards to future market possibilities, the study predicts the advent of 6G-enabled devices will disrupt the speed benchmark in communication. Add to that, a significant portion of the research is dedicated to inspecting the extensive opportunities presented by smart cities, smart automobiles and healthcare sectors. Keeping the potential sustainability of 6G deployments in view, it illuminates the dynamic role 6G may play in vehicular communication, automation in health and transportation sectors. A deep dive into the transformational power of R&D investments in telecommunication, smart city projects, and mobile internet advancements unfolds the immense potential this market holds.
Industry Convergence to Address the Need for High-speed Secured Connectivity
This research service analyzes the current market scenario and identifies future growth potential for 6G testing. The market for 6G testing is estimated to be between $250 million and $300 million in 2022.
Current Market Scenario:
- Network virtualization, remote monitoring, centralization, and security are the key ingredients that boost growth.
- RF, digital, fiber-optic test equipment, and semiconductor ATE are the major test products focusing on 6G research.
- Cloud-based IoT/IoE architecture is the premise on which the 6G infrastructure is built; this will enable fast and effective data transfer across networks.
Future Market Potential:
- By 2030, the first deployment of 6G-enabled devices will beat a speed of 1 Tbp/s.
- Once the market picks up, the CAGR for the next 5 years is estimated to be around 25%, as 6G will drive growth in urban as well as rural areas.
- Connectivity will be the key focus for smart cities and smart automobiles. Sustainable 6G deployments will serve vehicle-to-vehicle communication, in-vehicle communication, and EV/hybrid cars.
- Human safety will be the key criterion in the field of healthcare and transportation, where there will be more automation with wearable devices and driverless cars, respectively.
Some of the key drivers include R&D investments in telecommunication, continuous growth opportunities; advancements in complex telecommunication network infrastructure and mobile internet, and opportunities from smart city projects. The study offers a holistic picture of the opportunities for 6G test equipment vendors across the world.
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Anritsu
- Keysight Technologies
- Rohde & Schwarz (R&S)
- Tektronix