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

  • Next-gen sensor needs for safer, smarter cities
    July 1, 2021
    Next-generation radar sensor solutions will help smart cities deliver on the promise of optimising infrastructure, mobility, sustainability and safety, says Econolite CTO Eric Raamot
    Read More
  • Increased automation is already improving road safety
    April 20, 2017
    Richard Cuerden considers how many of the technologies developed as part of a move toward autonomous vehicles are already being deployed as ADAS improve road safety. The drive to create autonomous vehicles has caused a re-evaluation of what is needed to safely navigate today’s roads and the development of systems that can replace the driver in many scenarios. However, many manufacturers are not waiting for ‘tomorrow’ and are already incorporating these systems in their new cars as Advanced Driver Assistanc
    Read More
  • Inrix, Big Data & the fine art of anonymity
    January 9, 2025
    How do you protect personal privacy while still allowing data to be of use in intelligent transportation? Ahmed Darrat of Inrix offers some thoughts on finding that balance...
    Read More
  • ITS America publishes connected vehicle guidance
    April 22, 2015
    Guidance on the likely impact of multipath communications on connected vehicle development has been published by ITS America. ITS America’s Connected Vehicle Technical Insight looks at the challenges and opportunities wireless interoperability could provide in vehicle applications. In particular the 22-page document examines the processes by which data can be transferred from one vehicle to another (V2V), or between a vehicle and the infrastructure (V2I).
    Read More

Highlighted Content