The 5G Economy

5G will lift mobile into a technology that changes the world.

5G mobile technology will, like electricity or the automobile, benefit entire economies and benefit entire societies. This is because the global 5G standard (5G New Radio) will advance mobile from largely a set of technologies connecting people-to-people and people-to-information to a unified connectivity fabric connecting people to everything.

Enabling a broad set of industries.

In 2035, when 5G’s full economic benefit should be realized across the globe, a broad range of industries – from retail to education, transportation to entertainment, and everything in between – could produce up to $12.3 trillion worth of goods and services enabled by 5G mobile technology.

Supporting a thriving value chain

The 5G mobile value chain alone could generate up to $3.5 trillion in revenue in 2035, and support up to 22 million jobs.  

Driving global GDP growth

Over time, the total contribution of 5G to Real Global GDP growth is expected to be equivalent to a country the size of India. India currently ranks as the seventh largest economy in the world.

Research: The Economic Impact of 5G

Feb 23, 2017

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Discover the advantages of Qualcomm’s 5G mobile technologies and solutions.

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