The global economy could gain an additional USD 1.24 trillion from the deployment of sixth-generation (6G) mobile networks by 2040, equivalent to 0.7 per cent of global gross domestic product (GDP). However, inadequate spectrum availability could put USD 520 billion, or 42 per cent, of the potential economic gains at risk.
According to Global System for Mobile Communications Association (GSMA) Vision 2040 said the Economic Benefits of 6G, manufacturing and financial services are expected to be the biggest beneficiaries of the technology, accounting for 20 per cent and 19 per cent, respectively, of its projected economic contribution.
Construction could account for another 13 per cent, while the information and communications technology sector is expected to contribute 12 per cent. The gains are expected to be driven by applications involving artificial intelligence…
