--- markdown_generated_at: "2026-11-04" title: "5G is Driving Economic Growth, Resiliency, and Sustainability" url: "https://www.qualcomm.com/5g/the-5g-economy" --- # 5G is Driving Economic Growth, Resiliency, and Sustainability Perseverance in technological innovation is contributing to a timely economic recovery and will continue to drive prosperity in a post pandemic era. 5G is vital to this evolution. 5G advances mobile from connecting people-to-people and people-to-information, to a unified connectivity fabric connecting people to everything. ## Long term 5G global economic enablement [IHS](https://www.qualcomm.com/content/dam/qcomm-martech/dm-assets/documents/qualcomm_5g_economy_in_a_post-pandemic_era_report_2020.pdf) analysis shows the integral role 5G will take on in the global economy in terms of sales enablement across all industries, and 5G-value chain related output and jobs by 2035. ![](https://s7d1.scene7.com/is/image/dmqualcommprod/13.1trillion?$QC_Responsive$&fmt=png-alpha) ##### Enabling a broad set of industries. The growth trajectory of sales enabled by 5G remains virtually unchanged, reaching $13.1T in 2035, despite the downshift in the long term growth trajectory of the overall global economic output caused by the pandemic. ![](https://s7d1.scene7.com/is/image/dmqualcommprod/22.8million?$QC_Responsive$&fmt=png-alpha) ##### Jobs supporting a thriving value chain. 5G-enabled job growth is forecasted to be greater than previously expected - up from 22.3 to 22.8M by 2035. ![](https://s7d1.scene7.com/is/image/dmqualcommprod/10.8percent?$QC_Responsive$&fmt=png-alpha) ##### Driving global GDP growth. Global 5G CAPEX and R&D is up 10.8% from last year's forecast to $265B annually over the next 15 years. [Read the 5G Economy studies](https://www.qualcomm.com/5g/the-5g-economy#read-the-5g-economy-studies) ## Near term 5G growth and transformation The Accenture analysis takes an immediate perspective as 5G connectivity accelerates in the [United States](https://www.accenture.com/us-en/insights/high-tech/5g-economic-impact) and [Europe](https://www.accenture.com/gb-en/insights/high-tech/5g-economic-impact) between 2021 and 2025. Each industry will be uniquely transformed. 5G will impact industries creating new products and revenue streams. ![](https://s7d1.scene7.com/is/image/dmqualcommprod/manufacturing-icon_0?$QC_Responsive$&fmt=png-alpha) #### Manufacturing - 20%- 30% potential overall productivity gains - 50% improvement in assembly efficiency - 20% increase asset life - 90% defect detection ![](https://s7d1.scene7.com/is/image/dmqualcommprod/auto-motive-icon_0?$QC_Responsive$&fmt=png-alpha) #### Automotive - 80% reduction of vehicle accidents - $3.6 billion savings in repair costs - 25% reduction in traffic ![](https://s7d1.scene7.com/is/image/dmqualcommprod/health-care-icon_0?$QC_Responsive$&fmt=png-alpha) #### Healthcare - 30% cost savings in transition to remote-home based models ![](https://s7d1.scene7.com/is/image/dmqualcommprod/agriculture-icon_0?$QC_Responsive$&fmt=png-alpha) #### Agriculture - Improved connectivity and digitization can yield up to 25% increased productivity - 30% decreased inputs, 20% decreased costs - 15% increased crop yields ## 5G Delivers Sustainability Benefits ![](https://s7d1.scene7.com/is/image/dmqualcommprod/diagram-5g-economy-diagram-1?$QC_Responsive$&fmt=png-alpha) \*“The Impact of 5G on the European Economy” Accenture Strategy, February 2021 ## Read the 5G Economy studies [Read the Accenture study (US)](https://www.accenture.com/us-en/insights/high-tech/5g-economic-impact) [Read the Accenture study (EU)](https://www.accenture.com/content/dam/accenture/final/a-com-migration/manual/r3/pdf/pdf-144/Accenture-5G-WP-EU-Feb26.pdf) [Download the Global IHS Study](https://www.qualcomm.com/content/dam/qcomm-martech/dm-assets/documents/qualcomm_5g_economy_in_a_post-pandemic_era_report_2020.pdf) ## Economic Impact of 5G ### Discover the advantages of Qualcomm’s 5G mobile technologies and solutions. [5G resources](https://www.qualcomm.com/research/5g) ## News OnQ Blog [5 key technology inventions in 5G NR Release 17](https://www.qualcomm.com/news/onq/2022/04/5-key-technology-inventions-5g-nr-release-17) Apr 13, 2022 [5G](https://www.qualcomm.com/news/onq?tags=5G) [mmWave](https://www.qualcomm.com/news/onq?tags=mmWave) OnQ Blog [From smartphones to laptops to smart glasses — Snapdragon is at the center of seamless premium experiences](https://www.qualcomm.com/news/onq/2022/04/smartphones-laptops-smart-glasses-snapdragon-center-seamless-premium-experiences) Apr 12, 2022 [Snapdragon](https://www.qualcomm.com/news/onq?tags=Snapdragon) [Smartphones](https://www.qualcomm.com/news/onq?tags=Smartphones) [Augmented Reality](https://www.qualcomm.com/news/onq?tags=Augmented%20Reality) OnQ Blog [Toward enabling secure 5G networks with O-RAN](https://www.qualcomm.com/news/onq/2022/04/toward-enabling-secure-5g-networks-o-ran) Apr 6, 2022 [5G](https://www.qualcomm.com/news/onq?tags=5G) [Security](https://www.qualcomm.com/news/onq?tags=Security) OnQ Blog [Just in: 3GPP completes 5G NR Release 17](https://www.qualcomm.com/news/onq/2022/03/just-3gpp-completes-5g-nr-release-17) Mar 23, 2022 [5G](https://www.qualcomm.com/news/onq?tags=5G) OnQ Blog [Keeping enterprise environments safe and secure with smart devices at the connected intelligent edge](https://www.qualcomm.com/news/onq/2022/03/keeping-enterprise-environments-safe-and-secure-smart-devices-connected) Mar 21, 2022 [AI](https://www.qualcomm.com/news/onq?tags=AI) [5G](https://www.qualcomm.com/news/onq?tags=5G) [Security](https://www.qualcomm.com/news/onq?tags=Security) OnQ Blog [Meet Vanitha Kumar, the Qualcomm inventor whose work on modem software helped make 5G a reality](https://www.qualcomm.com/news/onq/2022/03/meet-vanitha-kumar-qualcomm-inventor-whose-work-modem-software-helped-make-5g) Mar 20, 2022 [5G](https://www.qualcomm.com/news/onq?tags=5G) [Auto](https://www.qualcomm.com/news/onq?tags=Auto) OnQ Blog [Snapdragon 8 Gen 1: The premium Android mobile platform of choice](https://www.qualcomm.com/news/onq/2022/03/snapdragon-8-gen-1-premium-android-mobile-platform-choice) Mar 13, 2022 [Snapdragon](https://www.qualcomm.com/news/onq?tags=Snapdragon) [Smartphones](https://www.qualcomm.com/news/onq?tags=Smartphones) [Wi-Fi](https://www.qualcomm.com/news/onq?tags=Wi-Fi) OnQ Blog [A Q&A with Qualcomm Technologies inventor Stephen Edge on the development of location services and the future of 5G](https://www.qualcomm.com/news/onq/2022/03/qa-qualcomm-technologies-inventor-stephen-edge-development-location-services-and) Mar 6, 2022 [5G](https://www.qualcomm.com/news/onq?tags=5G) OnQ Blog [10 innovation areas for 5G Advanced and beyond \[video\]](https://www.qualcomm.com/news/onq/2022/02/10-innovation-areas-5g-advanced-and-beyond) Feb 27, 2022 [Research](https://www.qualcomm.com/news/onq?tags=Research) [5G](https://www.qualcomm.com/news/onq?tags=5G) [AI](https://www.qualcomm.com/news/onq?tags=AI) OnQ Blog [Q&A with Robert Denda, CEO of Gridspertise – Accelerating the digital transformation of electric utilities with Gridspertise](https://www.qualcomm.com/news/onq/2022/02/qa-robert-denda-ceo-gridspertise-accelerating-digital-transformation-electric) Feb 27, 2022 [Industrial IoT](https://www.qualcomm.com/news/onq?tags=Industrial%20IoT) [5G](https://www.qualcomm.com/news/onq?tags=5G) [MWC](https://www.qualcomm.com/news/onq?tags=MWC)