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The global 6G market is expected to reach $59.3 billion by 2030 with a CAGR of 43.2% from 2024 to 2030. The market is driven by the growing usage of IoT devices and the demand for seamless connectivity. Major players in the market are focusing on expanding their manufacturing facilities, R&D investments, and infrastructural development to cater to the increasing demand and ensure competitive effectiveness. The smartphone and manufacturing segments are expected to remain the largest due to the adoption of 6G technology for ultra-fast speeds and seamless connectivity in these industries. North America is expected to be the largest region due to the presence of key telecommunications companies.
