Coinciding with the start of field testing, the telecommunications sector is experiencing a massive influx of investments to build and upgrade the infrastructure required to accommodate 6G networks. The economic cost of developing these networks globally is estimated at hundreds
of billions of dollars, reviving the telecommunications equipment manufacturing, fiber optics, and precision semiconductor sectors. The most significant economic impact of 6G will crystallize in supporting the "machine-to-machine" economy and activating smart factories reliant on the Internet of Things and
digital twinning, which will dramatically increase industrial efficiency and reduce waste. International economic bodies expect this generation of telecommunications to add trillions of dollars to the global GDP over the next two decades by stimulating innovation in vital sectors like
logistics and healthcare.