6G Transceivers Market Size (2024 - 2030)

The Global 6G Transceivers Market was valued at USD 7.45 billion and is projected to reach a market size of USD 121.47 billion by the end of 2030. Over the forecast period of 2024-2030, the market is projected to grow at a CAGR of 49%. 

Electronic equipment called 6G transceivers is used in the 6G wireless communication network to send and receive signals. As opposed to earlier generations of wireless communication technologies, 6G transceivers are made to function at millimeter-wave frequencies. They are anticipated to enable a variety of applications, including augmented and virtual reality, self-driving cars, and smart cities. With high data throughputs of 100 Gbps to maybe 1 Tbps, low latency, and artificial intelligence, 6G will enhance user experience, increase the sustainability of infrastructure, and boost corporate productivity. For low-latency, high-speed connectivity, 6G transceivers will use cognitive technologies like AI and operate at frequencies of up to 300 GHz or even higher. New applications like multimodal XR, wireless brain-computer interfaces, digital twins, and holographic telepresence will also be made possible by 6G transceivers.

Global 6G Transceivers Market Drivers:

 The increasing demand for 6G communication and emphasis on the connection in recently created technologies like the Internet of Things and blockchain:

IoT devices need low-latency communication and high-speed data transfer to operate properly, and 6G networks are anticipated to offer the required infrastructure to accommodate the expanding IoT device population. It is anticipated that the deployment of 6G transceivers in IoT devices would enable quicker and more reliable communication between devices, increasing productivity and efficiency. Similarly, the advancement of 6G networks and transceivers is anticipated to be advantageous for blockchain technology. A rising number of blockchain applications require dependable and secure communication between network nodes, and 6G networks are anticipated to deliver this infrastructure. Blockchain networks are anticipated to utilize 6G transceivers to facilitate quicker and more secure communication between nodes, resulting in enhanced efficiency and security.

There is a growing need for low-latency communication and high-speed data transfer in many applications, including autonomous cars and smart cities:

For autonomous cars to operate well, communication must be high-speed and low latency. The infrastructure required to support the increasing number of autonomous vehicles on the road is anticipated to be provided by 6G networks and transceivers. It is anticipated that the deployment of 6G transceivers in autonomous cars would make it possible for vehicles and infrastructure to communicate more quickly and reliably, improving safety and productivity. A smart city's ability to support effective and sustainable urban development also depends on cutting-edge communication technology. The infrastructure required to support the expanding number of smart city applications, including traffic control, energy management, and public safety, is anticipated to be provided by 6G networks and transceivers. It is anticipated that the deployment of 6G transceivers in smart city applications would make it possible for devices to communicate more quickly and reliably, increasing productivity and sustainability.

Global 6G Transceivers Market Challenges:

It is challenging to reach a data rate of 1 Tbps because a wide continuous bandwidth is needed, but in practice, available bandwidths are few and distributed over several bands:

Wide continuous bandwidth is necessary to support a 1 Tbps data throughput in 6G, but in practice, available bandwidths are constrained and distributed over several bands. This is one of the primary problems. Thus, 6G transceivers will need to operate at frequencies as high as 300 GHz or perhaps higher, where the spectrum is less congested but also more vulnerable to attenuation and interference. Additionally, higher-order modulation techniques like 64 QAM or higher, which need a higher signal-to-noise ratio (SNR) and better linear amplitude and phase performance, will be supported by 6G transceivers. For 6G transceivers, these issues significantly complicate design and production, notably for the antennas, front-end amplifiers, local oscillator (LO) circuit, and LO distribution network. Despite the enormous bandwidth of the terahertz spectrum, the bandwidth made available to each operator is probably constrained and dispersed over several bands. Due to this, obtaining the high data rates needed for 6G networks may be challenging.

Global 6G Transceivers Market Recent developments:

• In September 2022: the Global leader in consumer electronics and telecoms Samsung Electronics Co., Ltd. unveiled its vision for 6G and published a white paper on the new services, needs, candidate technologies, and anticipated standardization time.

• In May 2022: LG Electronics Inc., to promote the development of 6G wireless communication technologies, the worldwide leader in technology and consumer products built a 6G research center in partnership with the Korea Advanced Institute of Science and Technology (KAIST).

6G TRANSCEIVERS MARKET REPORT COVERAGE:

Global 6G Transceivers Market Segmentation: By Type

• Single-mode transceivers

• Multi-mode transceivers

The single-mode transceivers sector is probably the one with the quickest growth in the global 6G transceivers market. This is because high-speed and long-distance transmission, which is anticipated to be a crucial requirement for 6G networks, is better suited for single-mode transceivers. Single-mode fiber (SMF), which can only transmit one mode of light at a time, is used in single-mode transceivers, which are transceivers. However, because single-mode transceivers need more exact alignment and coupling between the fiber and the laser source, they are also more costly and complicated than multi-mode transceivers. The multi-mode transceivers sector is probably the most prominent one in the global 6G transceivers market. As a result, many businesses may decide to upgrade their present networks with multi-mode transceivers rather than invest in brand-new single-mode infrastructure. This is because multi-mode transceivers are now more extensively utilized in existing fiber optic networks. Due to their bigger core diameter and greater numerical aperture than SMF, multi-mode transceivers can be more affordable and easier to install than single-mode transceivers. However, because of their higher attenuation and dispersion owing to modal dispersion, multi-mode transceivers also have a smaller bandwidth and shorter transmission range than single-mode transceivers.

Global 6G Transceivers Market Segmentation: By Application

• Autonomous vehicles

• Smart cities

• Virtual and augmented reality

• Healthcare

• Mobile devices

• IoT and edge-computing devices

• Networking devices, and others

Smart cities are going to be the market sector for 6G transceivers that is expanding at the highest rate. Given that they may use 6G communication for a variety of applications, including smart grid, smart transportation, smart security, and smart environment, smart cities are anticipated to be a significant application sector in the worldwide market for 6G transceivers. To enable smooth and widespread communication across various entities and platforms, such as automobiles, drones, satellites, and smart city infrastructures, smart cities will need 6G transceivers. 6G transceivers will also help smart cities as they may increase the effectiveness and sustainability of urban services. The market for 6G transceivers globally is most likely to be dominated by the mobile devices industry. Mobile devices are the main consumer electronics that employ wireless communication services; hence it is likely that they would rule the application market for 6G transceivers globally. Mobile devices will require 6G transceivers to enable high-speed and low-latency communication with numerous content and service providers. Mobile devices will also benefit from the development of 6G transceivers since they can support new features like AI-enabled personal assistants, digital twins, and wireless brain-computer interfaces.

Global 6G Transceivers Market Segmentation: By End-user

• Telecommunications companies

• Healthcare providers

• Government agencies.

Healthcare providers are presumably the market category for 6G transceivers that is expanding the quickest. Given that they may utilize 6G communication for a variety of applications like telemedicine, remote surgery, health monitoring, and diagnostics, healthcare providers are predicted to be one of the end-user categories with the quickest growth rates in the worldwide 6G transceivers market. To allow dependable and secure data transmission and reception between medical equipment, sensors, and systems, healthcare providers will need 6G transceivers. 6G transceivers may increase the effectiveness and efficiency of healthcare services while lowering costs and the danger of medical mistakes, thus healthcare providers will also gain from them. The telecommunications firm’s category is probably the most notable one in the global 6G transceivers market. This is because telecom providers are anticipated to be the main suppliers of 6G networks and services, and as a result, they will also be the main users of 6G transceivers. To improve their network infrastructure and provide their consumers with high-speed and low-latency wireless access, telecommunications businesses will need 6G transceivers. The availability of new income sources and business models like network slicing, edge computing, and cloud services would help telecommunications firms as well.

Global 6G Transceivers Market Segmentation: By Frequency Band

• Sub-THz frequency bands

• THz frequency bands

The THz frequency bands segment in the worldwide 6G transceivers is probably the one that is increasing the quickest. This is because THz frequencies have a far wider bandwidth than sub-THz frequencies, enabling faster data rates and shorter latency. THz frequencies are better suited for long-distance communication because they are less susceptible to interference and attenuation. Terahertz (THz) bands, which are often referred to as THz frequency bands, are the range of frequencies between 300 GHz and 3 THz. By using the substantial bandwidth in the THz frequency region, these bands are anticipated to provide a 1 Tbps data throughput for 6G connectivity.

The sub-THz frequency bands segment is probably the most prominent one in the worldwide 6G transceivers market. This is because existing wireless communication technologies already use sub-THz frequencies more often, and many businesses may decide to update their current networks using sub-THz transceivers rather than invest in new THz infrastructure. Millimeter wave (mmWave) bands, which fall between 30 and 300 GHz, are often referred to as sub-THz frequency bands3. These frequencies are anticipated to be utilized for 6G communication as they allow beamforming and massive MIMO methods and offer a wide bandwidth and high data throughput.

Global 6G Transceivers Market Segmentation: By Region

• North America

• Europe,

• Asia Pacific

• Latin America

• Middle East, and Africa

The Asia Pacific area is most likely to have the fastest-growing market for 6G transceivers worldwide. The region has a sizable and expanding population, a high demand for cutting-edge communication technology, and an increasing number of smart city initiatives, all of which contribute to this. Several nations in the area, including China, Japan, and South Korea, are also making significant investments in the creation of 6G networks and technology. North America is perhaps the region with the largest market share for 6G transceivers worldwide. This is because the area is home to several of the biggest telecoms and technology businesses in the world, which are anticipated to play a significant role in the development of 6G networks and technologies. The area also has a robust infrastructure for research and development and a history of innovation in the telecommunications sector.

Key Players:

1. Samsung Electronics Co., Ltd.

2. Nokia Corporation

3. Ericsson AB

4. Huawei Technologies Co., Ltd.

5 Intel Corporation

6. Qualcomm Technologies, Inc.

7. Broadcom Inc.

8. Analog Devices, Inc.

9. Infineon Technologies AG

10. MACOM Technology Solutions Inc.