5G to add $8T to global GDP by 2030: Nokia report

5G-enabled industries have the potential to deliver $8trn in value to the global economy by 2030, according to new Nokia’s 5G Business Readiness Report. Companies at an advanced level of 5G adoption were the only group to experience a net increase in productivity (+10%) following COVID-19. 72% of large companies will invest in 5G over the next 5 years. However, only 15% are currently in investing in its implementation and 29% do not plan to invest at all.

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