Initial 5G network deployments, beginning in 2018 and continuing today, have largely been focused on providing consumers with an enhanced mobile broadband experience. However, as operators continue to invest in network capabilities enabled by 5G and enhanced by the transition to cloud-native cores and the distribution of computing power to the network edge, it’s becoming clear that digital enablement of physical industries will create significant, long-term value.
Based on research produced by IHS Markit, 5G will drive more than $13 trillion in sales activity by 2035, create nearly 23 million jobs in that time period, and support a more than 10% increase in global GDP.
