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Innovative 5G Services to Generate $212bn of Economic Expansion in APAC by 2034, says GSMA

October 11, 2019

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Innovative 5G services will generate $212bn of economic expansion – 0.8 per cent of GDP growth – in APAC by 2034, according to a report released by the GSMA. This huge opportunity for the region’s digital economy depends on the availability of necessary radio frequencies, including those known as ‘millimetre wave’ frequencies that will deliver ultra-high capacity and ultra-high-speed services. However, efforts by the space sector to unreasonably constrain the use of these critical frequencies has 5G’s future hanging in the balance.

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