Breaking News... Qualcomm 5G Research
New research commissioned by Qualcomm, suggests that the broad commercialization of 5G mobile technology will have the same impact on global order as the printing press, electricity, the steam engine, the telegraph and the internet.
Produced by IHS Markit, Penn Schoen Berland and the Berkeley Research Group, the report authors label 5G as a general purpose technology (GPT), something that can “profoundly [change]industries and economies.” Just as Gutenberg’s printing press, invented around 1440, helped usher in the Renaissance by making mass-production of books possible, 5G will totally change the global economy.
Some key report finding include:
- The 5G value chain will invest $200 billion annually
- By 2035, 5G will enable $12.3 trillion of global economic output
- From 2020 to 2035, the total contribution of 5G to real global GDP will be equivalent to an economy the size of India
Speaking to job creation, the authors predict there will be 22 million 5G-related jobs by 2035. Broken down that’s 9.5 million in China, 3.4 million in the U.S., 2.1 million in Japan, 1.2 million in Germany, 963,000 in South Korea, 605,000 in the United Kingdom, 396,000 in France and 3.6 million in the rest of the world.
It's just starting to heat up, there is no bigger money trail to follow... 5G will create a true IOT environment, VR, AI, AR etc...