Jul 19, 2018
Accelerating Future Economic Value From the Wireless Industry .
The Future of the Wireless Industry
History has proven that the deployment and adoption of next- generation wireless technology and supportinginfrastructure spurs economic growth through job creation. With deployment of fifth-generation (5G) wireless technology, the connectivity and computing capacity unleashed will drive new economic growth through innovative wireless use cases.
A recent study by Accenture Strategy found that wireless providers will invest approximately $275B in U.S. infrastructure over the next few years, which could create up to 3M jobs and boost annual GDP by $500B.
Unlocking the full potential of 5G depends on two key actions: spectrum availability and modernization of infrastructure guidelines. Effective execution of both of these actions results in significant benefits. In fact, Accenture Strategy estimates that accelerating infrastructure deployment by one year could drive an additional $100B in economic impact in the next three years.