The global economic impact of 5G

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  • $330bn

    added to global GDP by 5G applications in smart utilities management by 2030

  • US$15bn

    added to the US economy by 5G applications in industrial manufacturing by 2030

  • US$44bn

    added to the Chinese economy by 5G applications in healthcare by 2030

The 5G future is here. Years in the making, the long-buzzed-about fifth generation of wireless connectivity has become a reality, ushering in an era of radical new possibilities in many industries. Innovative use cases such as autonomous drones and smart city ecosystems promise increased efficiency and productivity for governments and businesses in a post-pandemic world, and pervasive benefits across the globe. 

How will 5G affect your country and industry? Download our report and try out our data explorer tool to get up to speed on the quantifiable impact of 5G through 2030.

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The impact of 5G around the world

Total 5G impact in 2030 US$66bn

Total 5G impact in 2030 US$66bn

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    • 2020
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    • 2025
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    • 2030

    We estimate that 5G technology will add US$1.3tn to global GDP by 2030.

    5G as an economic driver

    As the rollout and adoption of 5G technology continue, innovative uses of advanced wireless connectivity will trigger an uplift in global GDP. How? Increased efficiencies and productivity will add value across sectors, an impact that can be quantified in economic terms. We estimate that 5G technology will add US$1.3tn to global GDP by 2030.

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    Supercharged healthcare systems

    Predicted as the largest beneficiary of 5G, today's healthcare systems stand ready to use unprecedented wireless capabilities for vastly enhanced patient care. Innovations such as drone-delivered defibrillators and patient monitoring via wearables will contribute to better health outcomes, as 5G efficiencies add US$530bn to global GDP by 2030.

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    A new era of smart utilities

    Smart utilities management is on the rise—and 5G is on board to deliver value in the form of monitoring, tracking and automation. As utilities shift towards renewable energy and digitisation of the grid, 5G's ability to connect large numbers of devices and sensors will further transform the sector and contribute US$330bn to global GDP by 2030.

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    Reinventing the future with 5G

    For companies seeking to kick-start growth, 5G offers a route to reinvent industries and open up opportunities. 5G strategies that include new product offerings, telecom collaborations, and combinations with emerging tech such as AI and IoT have the potential to repair and reconfigure enterprises for a post-pandemic future.

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    “5G will be a key part of companies’ new operating environment and technology toolkit, but to realise the technology’s potential productivity and efficiency gains they’ll need a strategic approach.”

    Wilson ChowGlobal TMT Leader, Partner, PwC China

    Contact us

    Wilson Chow

    Wilson Chow

    Global Technology, Media and Telecommunications Leader, Partner, PwC China

    Tel: +86 755 8261 8886

    Thomas  Tandetzki

    Thomas Tandetzki

    Global Telecommunications and TMT Assurance Leader, Partner, PwC Germany

    Tel: +49 211 981 1105

    Rolf Meakin

    Rolf Meakin

    Global Telecommunications Advisory Leader, Partner, PwC United Kingdom

    Tel: +44 (0) 20 721 31707

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