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

  • Colorado DoT locates data-rich environment
    January 14, 2020
    Colorado DoT and Esri have been cooperating to unlock data’s potential. Jason Barnes finds out what that has to do with firing a howitzer at snowy mountains – and exactly why things that happened in the past point the way towards future proofing
    Read More
  • #ITSDubai2024: Driving the future of mobility through ITS
    August 30, 2024
    The ITS World Congress 2024, set to take place in Dubai from September 16-20, promises to be a landmark event for the global ITS community. Here is an in-depth look at what visitors can expect from their time at the cutting edge of mobility technology...
    Read More
  • America’s legislature to consider the future of 5.9GHz
    September 26, 2014
    Colin Sowman catches up with the latest moves in the 5.9GHz exclusivity debate. The Wi-Fi Innovation Act, recently introduced to both the US Senate and its House of Representatives, moves into a new phase in the debate over the exclusive right of the 5.9GHz band for Vehicle to Vehicle (V2V) communications. If the Act comes into law, it would require the Federal Communications Commission (FCC) to conduct tests across the whole 5GHz band to determine if the spectrum can be shared without interfering with curr
    Read More
  • Cooperative road infrastructures - progress and the future
    February 1, 2012
    Robert Bertini, deputy administrator of the USDOT's Research and Innovative Technology Administration, discusses the research and deployment paths of cooperative road infrastructures. High-level analysis by the US's National Highway Traffic Safety Administration (NHTSA) of the potential of Vehicle-to-Infrastructure/Infrastructure-to-Vehicle (V2I/I2V) and Vehicle-to-Vehicle (V2V) technologies indicates that V2V could in exclusivity address a large proportion of crashes involving unimpaired drivers. In fact,
    Read More

Highlighted Content