January 7, 2020
A newly published white paper “The Impact of 5G: Creating New Value across Industries and Society” by the World Economic Forum studies the key industrial advances and social impact areas in addition to the drivers of 5G.
“The positive impact of the Fourth Industrial Revolution and its related emerging technologies will be fully realized through the wide-scale deployment of 5G communication networks in combination with other connectivity solutions. The key functional drivers of 5G will unlock a broad range of opportunities, including the optimization of service delivery, decision-making, and end-user experience. This will result in $13.2 trillion in global economic value by 2035, generating 22.3 million jobs in the 5G global value chain alone. To better understand how to realize this large estimated economic output potential, this report proposes a bottom-up approach analyzing 40 use cases that identified key industrial advances and social impact areas in addition to the main functional drivers of 5G and the required maturity levels of these drivers. Additionally, it maps the 5G ecosystem to identify its components, its stakeholders and interdependencies, and the actions needed to accelerate 5G deployment and fully realize the potential.”
Read the white paper: The Impact of 5G: Creating New Value across Industries and Society
Fluxus is a member of the working group of 5G-Next Generation Networks Programme, initiated by the World Economic Forum to help enterprises across industries transform while shaping an inclusive and sustainable transition to the next generation of networks.
- World Economic Forum Industry Agenda: How 5G can connect the affordable homes of the future
- Transformation of Industries and Societies through 5G: Requiring New Physical Infrastructure, Global Supply Chain, Investment Model
- Dialogue at 2019 Summer Davos: 4G changed your life. 5G will change society.
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