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

For more information on companies in this article

Related Content

  • Benefits of car share quantified
    May 21, 2012
    San Francisco Bay Area had fewer greenhouse gas emissions and less congestion in 2010 due to City CarShare's (CCS) service. According to results third-party studies and 2010 CCS data, City CarShare members saved US$82 million (over the cost of car ownership) and contributed to a greener environment by reducing 60 million pounds of CO2 emissions last year. Additionally, City CarShare, a Bay Area nonprofit, stated it continued to achieve financial sustainability in 2010, ensuring the 10-year old organisation
    Read More
  • Transport Systems Catapult boss: ‘We can’t build our way out of congestion’
    March 4, 2019
    The UK Transport Systems Catapult’s CEO Paul Campion talks to Colin Sowman about helping companies develop tomorrow’s solutions – and explains why you can never build your way to empty roads The future of mobility is going to be driven by services.” That’s the opening position of Paul Campion, CEO of the Transport Systems Catapult (TSC) – the UK government organisation set up to help boost transport-related employment and the economy. Campion was previously with IBM and describes himself as a ‘techno o
    Read More
  • Global automotive embedded telematics market report
    April 24, 2014
    Research and Markets latest report, Global Automotive Embedded Telematics Market Report, forecasts the global automotive embedded telematics market to grow at a CAGR of 35.81 per cent over the period 2012-2016. The increasing global demand for telematics is one of the key factors contributing to the growth of this market. T he global automotive embedded telematics market has also been witnessing a decrease in the average price of original equipment manufacturers’ automotive embedded telematics equipment.
    Read More
  • Securing V2X communications
    June 6, 2016
    Cybersecurity developments are moving fast in the automotive sector, but they’re a significant hurdle for the roll-out of C-ITS applications. Jon Masters reports. In the wake of the high-profile hacking of the Jeep Cherokee and problems like the flaw in the Nissan Leaf’s companion app that could compromise the security of data about recent journeys, initiatives linked to vehicle cybersecurity seem to be moving rapidly.
    Read More

Highlighted Content