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

  • Urban Mobility 3.0 workshop: Companies must innovate
    June 27, 2013
    More than 160 senior delegates from the automotive and transportation industry met last week to present, discuss and invent the future of mobility during Frost & Sullivan’s interactive workshop Urban Mobility 3.0: New Urban Mobility Business Models. The two-day event summarised the current and future developments in the industry and highlighted new and innovative mobility concepts. Frost & Sullivan Partner and Global Practice Director, Sarwant Singh, opened the debate at the House of Commons in London, com
    Read More
  • Fluor: here's how to fix US infrastructure
    June 14, 2018
    US president Donald Trump’s comments about the country’s ‘crumbling infrastructure’ led many in the ITS sector to spot an opportunity to help with other solutions. David Seaton of Fluor ponders the scale of what’s required and considers some projects which have boosted mobility We can no longer wait for future generations to address this nation’s crumbling infrastructure. We need to act now. The problem is substantial, to say the least. The American Society of Civil Engineers predicts that failing to clo
    Read More
  • Industry collaboration ‘the key to avoiding autonomous driving traffic congestion’
    July 19, 2016
    A joint whitepaper published by Here and SBD argues that new levels of vehicle automation will increase traffic congestion in the foreseeable future and it's up to the automotive industry to enhance its collaboration in order to create a seamless transition as we reach these new levels of automation. According to co-author of the study, Andrew Hart, director at SBD, autonomous cars have the potential in the long-term to revolutionise mobility and radically improve the safety of our roads. However, the pa
    Read More
  • Investment and innovation the future of ITS
    January 31, 2012
    Cisco's Paul Brubaker, former administrator of the US Department of Transportation's (USDOT's) Research and Innovative Technology Administration (RITA), takes a look at how the ITS sector is starting to attract the attention of major corporations and what this will mean for intelligent transportation in the coming years
    Read More

Highlighted Content