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

  • The Asia-Pacific poses a multitude of ITS challenges
    May 30, 2014
    The Asia-Pacific ITS Forum and Exhibition in Auckland, New Zealand, provided a focus for the region’s ITS Associations. Mary Bell reports. In late April, ITS New Zealand hosted the 13th Asia-Pacific ITS Forum and Exhibition in Auckland. Around 350 delegates from 24 nations gathered to share and advance ITS applications on both strategic and technical levels and to discuss the differing and various challenges faced in the region.
    Read More
  • Mobility pricing offers new tools for managing mobility
    November 23, 2017
    Mobility pricing is the best way of sustaining and enhancing mobility, argues Moving Forward Consulting’s Josef Czako. Mobility pricing (MP) is effectively the culmination of the ‘user pays’ principle and has been referred to in many policy discussions about electronic toll collection, road user charging (RUC), and pricing. MP not only reflects the ‘use more, pay more’ nature of RUC, it also takes account of the external cost of journeys including pollution, noise, the cost of congestion and accidents.
    Read More
  • Will driverless cars increase reliance on roads?
    February 29, 2016
    Researchers warn that driverless vehicles could intensify car use, reducing or even eliminating promised energy savings and environmental benefits. Development of autonomous driving systems has accelerated rapidly since the unveiling of Google’s driverless car in 2012, and energy efficiency due to improved traffic flow has been touted as one of the technology’s key advantages. However, new research by scientists from the University of Leeds, University of Washington and Oak Ridge National Laboratory,
    Read More
  • McKinsey reveals the $bns spent on mobility
    May 5, 2021
    Investors have poured nearly $330bn into more than 2,000 mobility firms since 2010
    Read More

Highlighted Content