Economic benefits of 5G in emerging markets
A major new Ericsson commissioned study by management consulting firm Analysys Mason highlights the potential economic, consumer and environmental benefits of 5G connectivity in 15 national emerging markets.
Potential GDP economic benefits vastly outweigh investment costs
All fifteen countries could benefit from GDP growth between 0.3 and 0.46 percent through 2035, with an estimated three-to-seven-fold cost-to-benefit ratio.
Expanded Mid-Band 5G coverage is identified as the key success factor
With the potential to deliver about 80 percent of the economic benefits. Benefits from the Smart Industry and Smart Rural clusters alone account for 85-90 percent of the total economic benefits in each emerging market.
Governments, regulators and policy makers play a key enabling role
The study highlights how governments, regulators and policy makers can support the 5G ecosystem to deliver the benefits. These include treating 5G as a national infrastructure with a 5G national strategy and roadmap.