6G could add $1.24 trillion to the global economy by 2040, but a spectrum shortage threatens to wipe out $520 billion of it
The next generation of mobile networks could reshape the global economy, and the window to get it right is closing. A new report from the GSMA, which represents mobile operators worldwide, finds that 6G could add $1.24 trillion to the global economy in 2040, equal to 0.7% of global GDP.
There is a catch. If governments fail to release enough spectrum, as much as $520 billion, or 42%, of that opportunity could disappear.
The numbers at a glance
The headline figure is $1.24 trillion in additional global economic value from 6G in 2040, a boost of 0.7% to global GDP. Set against that is $520 billion, or 42%, of the value at risk if spectrum is scarce. Mid-band spectrum accounts for 70% of 6G’s economic contribution, while low-band spectrum accounts for roughly 25%.
The findings come from Vision 2040: The Economic Benefits of 6G, published today. The report says 6G...
Copyright of this story solely belongs to www.expresscomputer.in. To see the full text click HERE