Qualcomm 5g Economic Report: 5g Will Spawn A "gdp" In India

The United States Qualcomm Corp, Qualcomm Technology Company, together with a number of industry experts, published a study called the The 5G Economy (5G), which points out that 5G will generate $12 trillion in products and services and create 22 million jobs.

The study found that the overall economic benefits of 5G will be realized around the world by 2035. It will support a wide range of industries, in which retail, education, transportation, entertainment and other industries will produce goods and services worth up to $12 trillion and 300 billion due to 5G technology.

The study also showed that by 2035, only the 5G value chain (OEM vendors, operators, content creators, application developers and consumers) could generate a total of $3 trillion and 500 billion and create 22 million jobs at the same time. Over time, 5G has increased the global GDP growth by about 3 trillion US dollars compared with the current GDP in India. India is now the seventh largest economy in the world.

Global business decision makers and opinion leaders expect 5G to bring a wide range of benefits to the society and economy as a whole, to achieve new products and services, to increase productivity, and to make new industries rise. According to statistics, more than 90% of respondents agree that 5G will bring new products, new services and new technology solutions that have never been seen before.

The study looked at 5G expectations in business and technology industry leaders. According to the results, 5G will have a far-reaching impact on the global economy. Most of the technology industry and other industry decision-makers are strongly convinced that 5G has the characteristics that can lead to a comprehensive economic transformation.

The results of the 5G economy are based on the survey of more than 3500 business decision-makers, technological innovators, opinion leaders and technology enthusiasts worldwide, emphasizing the global economic and social impact that 5G will produce in the coming decades.