6G Market Projected to Reach USD 59.44 Billion by 2031 | KR

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Europe is expected to grow significantly between 2024 and 2031 at a compound annual growth rate (CAGR) of 33.28% because of its strong commitment to digitization, strong ecosystem for research and innovation, and proactive regulatory framework.

Member states of the European Union are heavily investing in next-generation communication technologies, such as 6G, as the EU views digital transformation as a critical component of economic growth and competitiveness.