Health and social care to gain the most from 5G productivity and efficiency gains, which will add US$1.3trillion to global GDP by 2030

Yahoo Finance February 7, 2021
PwC

New analysis of 5G – the next generation of mobile connectivity – estimates the impact of new and existing applications.

Over half the global economic impact (US$530bn) will be driven by the transformation of health and social care within the next ten years; a quarter by smart utilities driving savings in energy, water and waste management.

Large manufacturing-based economies are likely to gain the most, including the United States (USA), China and Japan, but gains are projected globally as 5G integrates as a critical part of societal infrastructure.

Transparency is critical to building trust with consumers and regulators 5G’s application.

LONDON — Productivity and efficiency gains enabled by 5G’s application will drive business, skills and service change worth US$1.3...

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