Jan 5, 2017
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Watch Qualcomm CEO Steve Mollenkopf's keynote from CES 2017.
The recap... (2-minute recap video below)
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 trillion worth of goods and services enabled by 5G… [that’s] more than the combined consumer spending of China, Japan, France, Germany, and the U.K. last year.
Steve Mollenkopf on The 5G Economy study
Qualcomm CEO Steve Mollenkopf stepped onto the CES stage earlier today in front of an eager audience and shared his and his company’s vision of the future. Or more specifically, the 5G future.
“5G isn’t an incremental improvement in connectivity, or even just a new generation of mobile,” said Mollenkopf, “5G will be a new kind of network, supporting a vast diversity of devices with unprecedented scale, speed and complexity.”
Mollenkopf added that in the lead up to 5G, billions of mobile devices with extraordinary power are uniting with advancements in robotics, artificial intelligence, autonomous vehicles, nanotechnology, and more—creating the Invention Revolution, an era of rapid innovation unlike anything humankind has ever seen.
Central to Mollenkopf’s keynote were the results of The 5G Economy study, an independent research study commissioned by Qualcomm. We believe the findings, which are based on an international survey of more than 3,500 business decision makers, tech innovators, opinion leaders and tech enthusiasts highlight the global, economic, and social impacts of 5G in the coming decades.
The study found that 5G’s full economic effect will be realized across the globe by 2035, supporting a wide range of industries and potentially producing up to $12 trillion worth of goods and services. The study also revealed that the 5G value chain (OEMs, operators, content creators, app developers and consumers) could alone generate up to $3.5 trillion in overall aggregate revenue by 2035 and support up to 22 million jobs, or more than one job for every person in Beijing, China.
The audience listened intently as Mollenkopf spoke perhaps because it’s becoming clear that 5G will be the fabric that brings the Internet of Things (IoT) together—from appliances to autonomous vehicles* to drones, health care, wearables and, well… everything. And no company or CEO is better suited to lead the way on 5G than Qualcomm and Mollenkopf, respectively.
The truth is, Qualcomm has been driving 5G development for many years now, pushing the boundaries of LTE, collaborating with industry leaders, and spearheading the critical research behind the next-generation global wireless standard. It’s not just talking about 5G, it’s making it happen.
More highlights from Steve Mollenkopf’s CES 2017 keynote:
- Where 5G will deliver the biggest advances: Mollenkopf shared how 5G will have the biggest impact: building immersive experiences such as virtual and augmented reality through constant connectivity, connecting everything via a massive number of sensors as part of the Internet of Things; and transforming industries, like transportation, by ensuring connectivity for those moments when failure is not an option.
- Snapdragon Flight demo – To highlight the role 5G will have in the deployment of mission-critical services — when safety is paramount and failed connections are not an option — as well as Qualcomm’s work in high-fidelity sensing, computer vision, machine learning, real-time control, and navigation, Mollenkopf and team ran a live demo of Snapdragon Flight. The demo featured a number of drones that were programmed to fly a set course, relying upon real-time, on-board processing and decision-making to avoid obstacles. This was the first time Qualcomm showed flight control and machine learning running together on a drone.
- Qualcomm Snapdragon 835 – Small but mighty, Snapdragon 835 is the first chip to cross the 10 nanometer barrier and is purpose-built for streaming 360-degree 4K video at 60 fps over a gigabit-class LTE connection. For the demo, Qualcomm streamed two 4K videos (base station provided by Ericsson). A Snapdragon 835 development device stitched the videos together in real time and output the video to a display over HDMI. The audience “experienced” zip lining in Moab, Utah. The demo also showcased Snapdragon 835’s 360-degree audio capabilities.
This enormous feat of design and engineering marks an important turning point for our industry, as mobile sets the pace for shrinking processors with the leading process nodes, not PCs.
Steve Mollenkopf on the 10nm process used for the Snapdragon 835
- Qualcomm Snapdragon X50 modem – Announced a few months ago, the Snapdragon X50 is the first in a family of 5G modems, which will provide an anchor to early deployments of 5G and will be essential to these mmWave systems that will start trials and deployments in late 2017 and early 2018. Mollenkopf emphasized that the X50 is just the beginning of Qualcomm’s roadmap.