5G could provide £13 billion boost to east of England economy over next 10 years
Business / Sat 4th Jul 2020 pm31 03:37pm
THIS report has found that upgrading from 4G to 5G could add as much as £13.4bn to the East of England’s economy over the next decade, and could transform the way the public accesses vital services. Across the whole UK economy, this value stands at £158bn over the same period.
The report also highlights key areas where 5G could support economic growth across the UK. For example, 5G private networks may enable manufacturers to dramatically increase efficiency, helping to revive manufacturing across the UK.
The authors believe that 5G will also be essential to allowing secure and reliable remote access to public services, including patients accessing healthcare and pupils accessing education.
The full report can be found here.