The next generation of mobile technology, known as 6G, could add $1.24 trillion to the global economy by 2040, according to a new report by the Global System for Mobile Communications Association (GSMA). 

This could represent an additional 0.7% of global GDP, driven by improvements in artificial intelligence, industrial automation and digital connectivity. However, the report warns that around $520 billion, or 42% of this potential economic value, could be lost if governments fail to provide enough radio spectrum for 6G networks.

Manufacturing is expected to receive the largest share of 6G’s economic benefits, accounting for 20% of the projected contribution. Financial services could contribute 19%, followed by construction at 13% and the information and communications technology sector at 12%.

Unlike earlier mobile networks, 6G is expected to be designed around AI capabilities. It could support intelligent decision making, industrial robots, advanced digital services and connectivity through both terrestrial and satellite networks.

These developments could help businesses improve productivity, automate operations and introduce new services.

The GSMA estimates that mid band spectrum will account for around 70% of 6G’s economic contribution, while low band spectrum could contribute another 25% by improving connectivity in rural and indoor areas.

The industry body has urged governments to make at least 2 GHz of mid band spectrum available by around 2030. It has also called for the 600 MHz band to support wider coverage and connected devices.

International spectrum discussions at the World Radiocommunication Conference in 2027 will be important for future 6G development.

The technology still needs significant investment and infrastructure before widespread adoption. Governments must make timely spectrum decisions to help businesses and telecom operators prepare for the next generation of connectivity.

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