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Identification and quantification of key socio-economic data to support strategic planning for the introduction of 5G in Europe
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Identification and quantification of key socio-economic data to support strategic planning for the introduction of 5G in Europe

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Identification and quantification of key socio-economic data to support strategic planning for the introduction of 5G in Europe

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This study provides a forecast of the qualitative and quantitative socio-economic benefits of 5G. It has been closely aligned with 5G-PPP activities and more than 150 experts have contributed to the research. Forecasts have adopted conservative estimates and all assumptions are clearly presented to enable transparency in predictions. The study focused on four verticals (automotive, healthcare, transport and utilities) in line with the work undertaken by DG CNECT on the relation between 5G and vertical markets. Four different environments were identified to investigate the impact of 5G in smart cities, non-urban areas, smart homes and smart workplaces. Forecasts suggest that 5G deployment costs will be approximately €56.6 billion. The study investigated spectrum challenges and spectrum needs of 5G. Analysis showed there will be a requirement to share spectrum in all the spectrum ranges. 5G is expected to generate benefits of €62.5 billion per annum in the four verticals in 2025. Benefits of €50.6 billion are expected in the four environments. 63 per cent of these benefits will arise for business and 37 per cent will be provided for consumers and society.
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