mmWave 5G Will Power Innovation for Consumers and Businesses, and be Responsible for 25 Per Cent of Overall GDP Growth from 5G
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
Europe Stories
04/08/2024
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, a leading technology and service provider for media-rich organizations, a...
08/05/2024
EditShare Goes Beyond Storage at MPTS
Workflow, server and delivery solutions from storyboard to screen
Stand D40, London Olympia, May 15-16, 2024 - EditShar...
08/05/2024
The solutions in-browser stream focuses on low latency, making it suited to low bandwidth scenarios
By Matthew Corrigan
Published: May 8, 2024
The solutio...
08/05/2024
Driven by algorithms, the solution performs a quality analysis informed by language-specific dictionaries
By Matthew Corrigan
Published: May 8, 2024
Drive...
08/05/2024
The increase in fleet size will reduce travel distances, aligning with sustainability goals, said Mobilelinks
By Matthew Corrigan
Published: May 8, 2024
T...
08/05/2024
The company said the new arrivals would drive collaboration and technological transformation across key business units
By Matthew Corrigan
Published: May 8, ...
08/05/2024
Cheseaux-sur-Lausanne, Switzerland and Phoenix, (AZ), USA -7 May, 2024 - NAGRA, ...
08/05/2024
SAN JOSE, Calif. - May 8, 2024 - Harmonic (NASDAQ: HLIT) today announced that it will showcase its latest broadband access innovations for fiber and DOCSIS netw...
08/05/2024
Fox Corporation Reports Third Quarter Fiscal 2024 Financial Results NEW YORK, NY, May 8, 2024 - Fox Corporation (Nasdaq: FOXA, FOX; FOX or the Company ) to...
08/05/2024
We're always being asked about our roadmap, when really what most people want to know is what features or integrations we've got planned. And if you th...
08/05/2024
Appointments to drive collaboration and technological transformation across Arqiva's key business units
08 May, 2024, UK, Winchester, Hampshire: Today, Arq...
08/05/2024
BACK TO PRESS RELEASES
Spacecom and Eutelsat OneWeb have embarked on an innova...
08/05/2024
RT has today announced that Doireann Garrihy has decided to leave RT 2FM after five years. Doireann will present her final 2FM Breakfast with Doireann, Donncha...
08/05/2024
zweiB updates to latest version of R&S CLIPSTER Specialist in deliverables for cinema, events and trade shows
Rohde & Schwarz, a global leader in broadcast...
07/05/2024
7th May 2024 The nations favourite comedy channel Gold has teamed up with the ma...
07/05/2024
eds3_5_jq(document).ready(function($) { $(#eds_sliderM519).chameleonSlider_2_1({ content_source:......
07/05/2024
POST Luxembourgs journey with TAG Video underscores how finding a vendor who und...
07/05/2024
Tubi Launches Stubios, A Fan Fueled Studio for Aspiring Filmmakers Tubi Launches Stubios, A Fan Fueled Studio for Aspiring Filmmakers Stubios Seeks To Bring N...
07/05/2024
Comscore Reports First Quarter 2024 ResultsRESTON, Va., May 7, 2024 Comscore, Inc. (Nasdaq: SCOR), a trusted partner for planning, transacting and evaluating ...
07/05/2024
RT has today welcomed the publication of three reports by the Minister for Tourism, Culture, Arts, Gaeltacht, Sports and the Media, Catherine Martin TD: The Re...
07/05/2024
Rohde & Schwarz brings cutting-edge solutions to TECNOSEC and DRONExpo 2024 Rohde & Schwarz will showcase its innovative portfolio at TECNOSEC and DRONExpo 20...
07/05/2024
Home News & Press Blancco Wins 2024 SEAL Business Sustainability Award
Blancco Wins 2024 SEAL Business Sustainability Award May 07, 2024
Blancco's v...
07/05/2024
CUPERTINO, CALIFORNIA Apple today unveiled the all-new Logic Pro for iPad 2 and Logic Pro for Mac 11, delivering breakthrough professional experiences for songw...
07/05/2024
Apple's new Privacy Manifest requirement mandates that apps explicitly disclose the privacy-related data they collect, the purposes for this collection, and...
06/05/2024
Around the world, Asian and Pacific Islander (API) artists continue to impact mu...
06/05/2024
Spotify is making it easier for booklovers to count down the days, hours, minutes, and seconds until a new audiobook releases. With Countdown Pages for audioboo...
06/05/2024
In this video, cinematographer Simon Rowling welcomes viewers behind the scenes as he lights a daytime-interior scene inside a coffee shop. Shooting on Panavisi...
06/05/2024
Proximic by Comscore Recognized in AdExchanger's 2024 Top 50 Programmatic Po...
06/05/2024
The Amazonas Digital initiative will see INRED leverage SES's MEO satellites...
06/05/2024
RT has announced details of its coverage across digital, TV and Radio in the ru...
06/05/2024
06 May 2024
AI and Big Data Take the Centre Stage in Central Asia at Beetech 20...
06/05/2024
Press release - 6 May 2024 07:31
STATEMENT CONCERNING EUTELSAT GROUP'S GROUND NETWORK Facebook
LinkedIn
Twitter
Download as PDF
Paris, 06 May 2024 ...
06/05/2024
To champion global movements to protect and advance equality for LGBTQ+ communities, Apple is introducing a new Apple Watch Pride Edition Braided Solo Loop, ava...
06/05/2024
1) What is the rationale of the transaction? What is the benefit for SES shareholders?
This combination creates a stronger and more competitive multi-orbit ope...
03/05/2024
An innovative learning tool to help media and civil society better understand ho...
03/05/2024
If you aren't familiar with Danny Ocean's music, it's only a matter ...
03/05/2024
Spotify has an unwavering commitment to supporting emerging artists across all genres, to helping them launch and thrive in their careers, and to connecting the...
03/05/2024
Como uno de los sonidos de mayor expansi n en el mundo, la M sica Mexicana va m ...
03/05/2024
As one of the fastest-growing sounds worldwide, M sica Mexicana is more than jus...
03/05/2024
Enhancements to its Delivery Workspace solution provide increased content delivery robustness and security
By Matthew Corrigan
Published: May 3, 2024
Enha...
03/05/2024
According to reports, if the bid is successful, Sony would be the significant majority shareholder of the new private company
By Jenny Priestley
Published: M...
03/05/2024
Located in Manchesters Spinningfields district, the course aims to equip students with the skills, knowledge and industry insight for a career in the creative s...
03/05/2024
Rohde & Schwarz presents cutting edge solutions at DSA 2024 Rohde & Schwarz demonstrates products and solutions for secure and robust communications and high-...
03/05/2024
Join Alter Ego and FilmLight for an exclusive afternoon focusing on creativity and color tools - followed by drinks at The Ruby Soho Bar.
Thursday 30th May, fr...
03/05/2024
CUPERTINO, CALIFORNIA Apple today announced financial results for its fiscal 2024 second quarter ended March 30, 2024. The Company posted quarterly revenue of $...
02/05/2024
Spotify is committed to amplifying the voices of underrepresented groups, and th...
02/05/2024
With more than 600 million users around the world tuned in to Spotify, there'...
02/05/2024
I always like to base my lighting choices in reality, says cinematographer Jamie D. Ramsay, SASC. For his recent collaboration with writer-director Andrew Haig...
mmWave 5G Will Power Innovation for Consumers and Businesses, and be Responsible for 25 Per Cent of Overall GDP Growth from 5G 
