5G Mobile - Disrupting the Automotive Industry

Earlier this year Qualcomm, in association with IHS Markit, released a study into the future of the 5G economy. This predicted that by 2035 5G technology will amount to US$3.5 trillion of output and 22 million jobs. It also predicted that the automotive industry would be a key recipient of 5G’s benefits. Qualcomm, UC Berkeley and IHS Markit have released a further report which attempts to shed some light on how this enablement effect of 5G likely impacts the economy at the sector level of this research.
May 5, 2017 Read time: 2 mins
Earlier this year 213 Qualcomm, in association with IHS Markit, released a study into the future of the 5G economy. This predicted that by 2035 5G technology will amount to US$3.5 trillion of output and 22 million jobs. It also predicted that the automotive industry would be a key recipient of 5G’s benefits.


Qualcomm, UC Berkeley and IHS Markit have released a further report which attempts to shed some light on how this enablement effect of 5G likely impacts the economy at the sector level   of this research.

According to the report, 5G Mobile: Disrupting the Automotive Industry, in 2035,5G will enable more than US$2.4 trillion in total economic output across the automotive sector, its supply chain and its customers. Cumulatively, 5G economic impact in the automotive sector represents nearly 20% of the total global 5G economic impact.

The report also claims that 5G, being integral to the future of connected and autonomous vehicles, will help increase productivity and sales value, improve user experiences and environmental quality, and reduce traffic collisions and fatality rates. It will also likely transform conventional modes of car usage, ownership and transportation itself.

Networking & Communication Systems

Related Content

  • January 7, 2014
    Study forecasts growth of self-driving cars
    In its latest study, “Emerging Technologies: Autonomous cars—not if, but when,”, IHS Automotive forecasts total worldwide sales of self-driving cars (SDC) will grow from nearly 230 thousand in 2025 to 11.8 million in 2035 – seven million SDCs with both driver control and autonomous control and 4.8 million that have only autonomous control. In all, there should be nearly 54 million self-driving cars in use globally by 2035. The study anticipates that nearly all of the vehicles in use are likely to be self
    Read More
  • September 14, 2023
    Qualcomm: How Connected Driving Will Reduce Emissions in the EU
    In an era marked by climate change and an urgent need for greener mobility solutions, the advent of connected driving has emerged as a promising frontier in the realm of transportation.
    Read More
  • March 31, 2017
    Report predicts how future mobility solutions will affect automotive OEMs
    Global management consultancy, Arthur D. Little (ADL) has released a new study, The Future of Automotive Mobility, based on a global survey of 6,500 participants, including customers, industry players and regulators. The report examines how the megatrends of electric mobility, car sharing and autonomous driving are likely to impact on the global automotive ecosystem and future OEM sales. The report notes that the future of mobility will no longer depend primarily on the preferences of customers, but wil
    Read More
  • April 28, 2020
    Zuora: MaaS comes to the masses
    The shift from ownership to usership in the subscription economy provides opportunities for the whole of the mobility sector for the next decade and beyond, says John Phillips of Zuora
    Read More

Highlighted Content