Mobile Industry Could Generate $565 Billion in Additional Global GDP by Unlocking the Right 5G Spectrum: GSMA Study
12/12/2018
London: Unlocking spectrum for the mobile industry to deliver innovative 5G services across different industry sectors could add $565 billion to global GDP and $152 billion in tax revenue from 2020 to 20341, according to a new report launched today by the GSMA. Next-generation 5G services will improve access to healthcare, education and mobility whilst reducing pollution and increasing safety. However, these outcomes rely on government support for the identification of sufficient millimetre wave (mmWave) spectrum for the mobile industry at the next ITU World Radiocommunication Conference in 2019 (WRC-19).
The report, Socio-Economic Benefits of 5G Services Provided in mmWave Bands , is the first to examine and quantify the impact of mmWave spectrum on the overall contribution of 5G networks to society. mmWave spectrum will carry the highest capacity 5G services. It has the ideal characteristics to support very high data transfer rates and ultra-reliable, low latency capabilities, which will support new use cases and deliver the benefits of 5G to consumers and businesses around the world.
The global mobile ecosystem knows how to make spectrum work to deliver a better future, said Brett Tarnutzer, Head of Spectrum, GSMA. Mobile operators have a history of maximising the impact of our spectrum resources and no one else has done more to transform spectrum allocations into services that are changing people's lives. Planning spectrum is essential to enable the highest 5G performance and government backing for mmWave mobile spectrum at WRC-19 will unlock the greatest value from 5G deployments for their citizens.
More than 5 billion people already rely on the mobile ecosystem to deliver services that are integral to their daily lives and fundamental to the economic sustainability of the communities they live in. 5G can offer more benefits and a whole new range of services to even more people, but this will not be possible without access to this vital spectrum.
New Possibilities for Consumers and Industry
mmWave 5G will not only provide consumers with ultra-fast mobile broadband services including immersive entertainment, but will stimulate a host of applications that will enable citizens and businesses to do tomorrow what they can't do today. These innovations will include enhanced remote healthcare and education, industrial automation, virtual and augmented reality, and many others.
In healthcare, improved telemedicine including tactile internet capabilities, better preventative medicine using always-on remote sensors and wearables, and remote surgery and smart' instruments will only be made possible because of the speed and latency capabilities enabled by mmWave spectrum.
Next-generation robots, remote object manipulation (controlling machines with precision at distance), drones and other real-time control applications in digitised industrial centres are expected to increase efficiency, reduce costs and improve safety as well as lead to innovations in products and processes.
In autonomous transport, mmWave 5G will enable driverless vehicles to communicate with each other, the cloud and the physical environment continuously to create highly efficient public transport networks. These and many other innovative use cases are expected to deliver 25 per cent of the overall value created by 5G in the future.
Global growth from mmWave
The early lead already being established in 5G in the Asia Pacific and Americas regions are expected to generate the greatest share of GDP attributed to mmWave 5G, at $212 billion and $190 billion respectively. Europe is forecast to have the highest percentage of GDP growth attributable to mmWave of any region, with 2.9 per cent.
However, the advantages are not restricted to early-adopting mobile markets and, as the rest of the world deploys 5G in subsequent years, economies of scale derived from spectrum harmonisation will stimulate even faster growth. Regions such as Sub-Saharan Africa, Central Asia and Latin America and the Caribbean could see growth in GDP contribution from mmWave 5G applications of over 65 per cent per year from 2026 until 2034.
It is critical for governments to recognise the importance of the mmWave aspects of 5G when making decisions at the upcoming WRC-19. Making the right decisions now on spectrum will be vital to stimulating the rapid growth of economies, especially in developing markets, in the coming decade, added the GSMA's Brett Tarnutzer. mmWave spectrum has the capacity to support the innovative services expected from the highest performance of 5G, and only the mobile ecosystem has the technical expertise and track record in collaboration to deliver them at a price acceptable to consumers and businesses around the world.
New mmWave bands for mobile are being discussed at WRC-19, and the GSMA recommends supporting the 26 GHz, 40 GHz and 66-71 GHz bands for mobile. Global harmonisation of these bands at WRC-19 will create the greatest economies of scale and make broadband more affordable across the world. Outside the WRC-19 process, 28 GHz is also emerging as an important mmWave band for realising the ultra-high-speed vision for 5G. Commercial services using this band have already been launched in the US and it will also be used for mmWave 5G in countries such as South Korea, Japan, India and Canada.
The report, Socio-Economic Benefits of 5G Services Provided in mmWave Bands , which includes details of 5G use cases, value and GDP contribution by sector and geography, can be found here.
The study was conducted by TMG, a consulting firm specialising in the information and communication technologies sector, on behalf of the GSMA.
-ENDS-
Notes to Editors
1. This i
LINK: | https://www.gsma.com/newsroom/press-release/mobile-industry-could-gene... |
See more stories from gsma |
Most recent headlines
04/08/2024
Dalet Appoints Santiago Solanas as CEO to Lead Next Era of Growth and Innovation
Dalet, a leading technology and service provider for media-rich organizations, is excited to announce Santiago Solanas as its new Chief Executive Officer (CEO)....
03/06/2024
Dalet and Veritone Reach Agreement to Distribute, Transact and Monetize Media Archives
Dalet, a leading technology and service provider for media-rich organizations, a...
31/05/2024
Marlow Film Studios considering next steps' as council blocks plans
The proposal had received support from James Cameron, Andy Serkis, Paul Greengrass, Richard Curtis, and Jeremy Irons By Matthew Corrigan Published: May 31, 2...
31/05/2024
Skydance submits new Paramount Global bid, Sony talks still progressing'
According to multiple reports, the new bid from Skydance offers a better deal to Paramounts Class B shareholders, who were said to be unhappy with the companys ...
31/05/2024
2024 Rise Awards open for entries
The awards recognise women and companies who are stand-out performers, innovators and leaders in the broadcast media technology industry By Matthew Corrigan ...
31/05/2024
Samsung, LG Adopt IAB Software Kit for CTV Ad Measurement
NEW YORK The global body that sets technical standards for digital advertising has expanded the reach of its measurement software development kit to include Sam...
31/05/2024
The Old Investment Cycles of Broadcast Technology are Being Run Over'
The rise of digital platforms is fundamentally changing the broadcast newsroom and its investment in technology according to Jon Roberts, director of technology...
31/05/2024
Study: Max, Apple TV Have Fewest 'Committed Customers'
In a new analysis of what services might make up a good bundle and what services might benefit the most from bundling, Antenna has released new data that highli...
31/05/2024
State Broadcasters Urge Passage of Broadcast VOICES Act
WASHINGTON, D.C. Fifty state broadcasters associations, including the District of Columbia and the Commonwealth of Puerto Rico, have sent a letter to Congressio...
31/05/2024
EVS Names Richard Katz SVP Operations for NALA region
EVS has announced the appointment of Richard Katz as senior vice president of operations for the North and Latin American (NALA) region. This appointment is par...
31/05/2024
CommScope to Buy Cable Business Assets of Casa Systems for $45.1M
CommScope has announced that it was selected by Casa Systems, Inc. as the highest to acquire Casa's cable business assets and that the two companies have en...
31/05/2024
NAB Withdraws De Niro's Service Award
Robert De Niro won't be receiving the Service to America Leadership Award from the NAB Leadership Foundation after all....
31/05/2024
Viant Integrates With Google Cloud's BigQuery Clean Rooms
Viant Technology said it formed an integration with Google Cloud's BigQuery data clean rooms...
31/05/2024
The CW To Broadcast Snoop Dogg Arizona Bowl
The CW said it will broadcast the 2024 Snoop Dogg Arizona Bowl presented by Gin & Juice by Dre and Snoop Last year, The CW aired the game when it was called Bar...
31/05/2024
Allen Media Makes Carriage Deal With Amazon Fire Channels
Allen Media Group said it made a deal with Amazon's Fire TV Channel that will make content from several of Allen's outlet available via Fire TV and Echo...
31/05/2024
Robert De Niro Will Not Receive Service to America Award
Robert De Niro, announced as the winner of the NAB's Leadership Foundation's Service to America Leadership Award on May 28, will not get the award. The ...
31/05/2024
Comcast Technology Solutions To Manage Channels for AccuWeather
Comcast Technology Solutions was selected by AccuWeather to create, manage and distribute linear and over-the-top video channels....
31/05/2024
Attention to Connected TV Ads Grew in Q1, TVision Study Finds
Connected TV is becoming a bigger deal for consumers and advertisers, according to a new report from TVision....
31/05/2024
RT 2FM is the home of music this summer
RT 2FM is the home of music this summer, entertaining listeners across the day and night, with the best music, chat and interviews providing the soundtrack to ...
31/05/2024
NVIDIA Grace Hopper Superchip Accelerates Murex MX.3 Analytics Performance, Reduces Power Consumption
After the 2008 financial crisis and increased risk-management regulations that f...
31/05/2024
RT Supporting the Arts: What's On this June
RT Supporting the Arts: What's On this June Watch our promo: RT Supporting the Arts | What's on YouTube This June, RT is delighted to support Lim...
30/05/2024
When to Upgrade Software or Firmware
When to Upgrade Software or Firmware This post is from our blog and news archive. The information may be out of date. Please contact us for further information ...
30/05/2024
The City of San Jose Chooses Utah ScientificAgain!
The City of San Jose Chooses Utah Scientific Again! This post is from our blog and news archive. The information may be out of date. Please contact us for furth...
30/05/2024
Empowering Media Leaders: Transformative Insights from the Executive Learning Series
Navigating Strategy, Ethics, and Innovation in the evolving European media lands...
30/05/2024
Give Me the Backstory: Get to Know Thea Hvistendahl, the Filmmaker Behind Handling the Undead
By Bailey Pennick One of the most exciting things about the Sundance Film Festi...
30/05/2024
CHOOSE CHICAGO, CITY OF CHICAGO ANNOUNCE PROGRAMMING DETAILS OF SUNDANCE INSTITUTE X CHICAGO 2024 (June 28 - 30)
Tickets are now available for the first-of-its-kind event in the United States f...
30/05/2024
UNICEF and Spotify's Award-Winning Mental Health Hub, Our Minds Matter, Comes to Latin America
Mental health and well-being are fundamental components of a child's healthy...
30/05/2024
After 64 days, the winner of Alone Australia has been revealed
After 64 days, the winner of Alone Australia has been revealed 29 May, 2024 Media releases *Contains Spoilers* After 64 days alone in the extreme and wild...
30/05/2024
Alone Australia finale delivers strongly as SBS confirms it will join VOZ streaming
Alone Australia finale delivers strongly as SBS confirms it will join VOZ stream...
30/05/2024
Alone Australia finale delivers strongly for national broadcaster SBS with 4.2m tuning in across the season
Alone Australia finale delivers strongly for national broadcaster SBS with 4.2m ...
30/05/2024
Lockheed Martin Canada Awards L3Harris the Integrated Communications System Contract
Photo credit: BAE...
30/05/2024
The New Standard for Unmanned Ground Vehicle ISR
L3Harris' WESCAM MX -10 RSTA provides advanced ISR and targeting capabilities for land-based platforms including Unmanned Ground Vehicles....
30/05/2024
AccuWeather Inks Deal With Comcast Technology Solutions For Channel Origination
DENVER AccuWeather has selected Comcast Technology Solutions' (CTS') Managed Channel Origination (MCO) to create, manage and distribute linear TV, on-de...
30/05/2024
Samsung, LG Adopt IAB Software Kit
NEW YORK The global body that sets technical standards for digital advertising has expanded the reach of its measurement software development kit to include Sam...
30/05/2024
Amazon Celebrates 10th Anniversary of Fire TV Devices with an AI Upgrade
As Amazon celebrates the 10th anniversary of the launch of the first Fire TV devices in 2014, the company has unveiled new AI-powered search capabilities for th...
30/05/2024
Finding the sustainability balance with personalised video streaming
As the expansion of personalised video streaming continues apace, JUMPs CEO and co-founder, Jer nimo Macan s and Fran ois Polarczyk, sustainability director at ...
30/05/2024
EditShare boosts sales direction with alumnus Grant Carro...
EditShare, the technology leader that enables storytellers to create and manage collaborative workflows at every stage from storyboard to screening, has appoint...
30/05/2024
COW Featured Resume: Paula Zimmerman - Video Editor - Motion Designer
COW Featured Resume: Paula Zimmerman - Video Editor - Motion Designer Brie Clayton May 30, 2024 0 Comments Paula Zimmerman Looking for work? Sign up...
30/05/2024
Palme d'Or Winner Anatomy of a Fall Finished with DaVinci Resolve Studio
Palme d'Or Winner Anatomy of a Fall Finished with DaVinci Resolve Studio Brie Clayton May 30, 2024 0 Comments Winner of the Palme d'Or at the ...
30/05/2024
Real-Time Workflow Masterclass
Real-Time Workflow Masterclass Michael Cioni May 30, 2024 0 Comments Would you rather have your workflow move at the same speed it always has, or woul...
30/05/2024
Ending a Loop Expression in After Effects
Ending a Loop Expression in After Effects Graham Quince May 30, 2024 0 Comments This question comes up quite a bit on forums and it seems to trip peop...
30/05/2024
Parks: Prime Video Has Lowest Churn Rate
DALLAS Consumers who subscribe to streaming services are the least likely to cancel Prime Video among all major providers, according to Parks Associates' St...
30/05/2024
SMPTE/RIS-OSVP tests model for circle of confusion'
According to Camera and Lens Metadata committee, modern digital cinema cameras are not accurately representing the usable depth of field achieved with various l...
30/05/2024
Meet the vice president of product management
Dave MacKinnon, vice president of product management at Clear-Com, explains the value of collaboration and networking in building a media career By Matthew Cor...
30/05/2024
That Station Launches New App, Website, Filled with Features, Music, Interviews and More
That Station's app and website just got a major upgrade. The station crew co...
30/05/2024
SWR Deploys Rohde & Schwarz Pixel Power Software Playout Solution
MUNICH, Germany Regional German broadcaster S dwestrundfunk (SWR) has deployed the Rohde & Schwarz Pixel Power graphics and playout solution....
30/05/2024
Hollyland Technology Unveils Pyro Wireless Video Transmission Series
IRVINE, Calif. Hollyland Technology has launched Pyro, a wireless video transmission system designed for the multi-person, mobile transmission and monitoring re...
30/05/2024
AIMS Opens Call for Presentations for Media-Over-IP Pavilion at AES New York
AIMS has announced it will once again collaborate with the Audio Engineering Society (AES) to bring the popular Media-Over-IP Pavilion to the AES New York show,...
30/05/2024
FCC Announces Opportunity for LPTV Stations to Change Channels
WASHINGTON, D.C. The Federal Communications Commission (FCC) Media Bureau has announced that beginning on August 20, 2024, Class A television, Low Power Televis...
30/05/2024
Comcast's StreamSaver Streaming Bundle Goes Live
Comcast has officially launched its discounted $15-a-month StreamSaver streaming bundle of Netflix, Peacock and Apple TV+ services. The previously announced bun...