6G could add $1.24 trillion to the global economy by 2040, but a spectrum shortage threatens to wipe out $520 billion of it
According to a new GSMA report, 6G technology could contribute $1.24 trillion to the global economy by 2040, with manufacturing and finance sectors as primary beneficiaries. However, spectrum shortages could wipe out $520 billion of this potential value. Governments must secure spectrum allocations before WRC-27, with India's mid-band spectrum decision still outstanding. The report underscores the critical importance of timely spectrum policy decisions for realizing 6G's economic benefits.
Key points
- 6G projected to add $1.24 trillion to global economy by 2040
- Spectrum shortage could eliminate $520 billion in potential value
- Manufacturing and finance sectors stand to gain most
- India's mid-band spectrum decision remains pending
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