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Cyber Security

5G networks to incite job growth and boost GDP

5G networks could create about 4.5 million jobs in the US and add roughly $1.5 trillion to the country’s GDP, according to BCG. 3 industries, in particular, will benefit from these 5G use cases: Information services, manufacturing, health care, manufacturing and health care. Delays in network infrastructure build-out or in making more licensed spectrum available would carry significant opportunity costs, BCG says. Every six-month delay in 5G network deployment could, on average, mean missing out on $25 billion of the potential 5G benefits from 2020 through 2030.

Source: https://www.helpnetsecurity.com/2021/02/09/5g-networks-boost-gdp/

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