The world is gradually embracing 5G connectivity and it is believed the arrival of 6G technology promises to be a game-changer. InsightAce Analytic Pvt. Ltd. has lately released a related report. It is learned that the global 6G market is projected to reach at USD 159.54 billion by 2035. Its compound annual growth rate (CAGR) will be 127.16%. The forecast highlights immense potential of 6G. It is to redefine connectivity and particularly for IoT, edge computing and smart cities.
The 6G technology is built on the foundation of 5G. It is believed to deliver unprecedented advancements with respect to bandwidth and latency. It can leverage higher frequencies. It will enhance communication speeds as well as enable new applications and services.
However, the technology requires a holistic approach. It should integrate data analytics, artificial intelligence (AI), high-performance computing (HPC) and quantum computing as well. It will be benefiting more to the Internet of Things (IoT) and edge computing domains. It will support a vast array of IoT devices. It will facilitate real-time data processing and decision-making. It will be crucial for applications such as autonomous vehicles, smart cities and industrial automation.
The concept of smart cities is based on the seamless integration of various technologies. Smart cities will experience a new level of connectivity. The technology will be able to enable sophisticated infrastructure and services. Communication networks will be enhanced and support real-time monitoring as well as management of city resources.
The high-speed and low-latency capabilities of 6G will empower city administrations to implement advanced surveillance and security systems. It will greatly improve the public safety aspect.