Nokia: 5G deployments to add to global GDP growth
(CercleFinance.com) - Nokia said on Monday that 5G deployment could add a potential 8-trillion-dollar contribution to the global gross domestic product (GDP) by 2030.
The Finnish telecom gear maker said in a statement that 72% of large companies plan to invest in 5G over the next 5 years, despite the economic challenges of COVID-19.
This new research from Nokia and Nokia Bell Labs also reveals that across 8 economies - Australia, Germany, Finland, Japan, Saudi Arabia, South Korea, the UK and the US - 50% of companies are "at the midway level" regarding 5G readiness.
Nokia said its research shows that just over a fifth of technology buyers (22%) said that 5G implementation is not a current priority for their business.
Nokia's report comes as political leaders have recently displayed concerns about 5G telecommunications network rollouts over possible health risks.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
The Finnish telecom gear maker said in a statement that 72% of large companies plan to invest in 5G over the next 5 years, despite the economic challenges of COVID-19.
This new research from Nokia and Nokia Bell Labs also reveals that across 8 economies - Australia, Germany, Finland, Japan, Saudi Arabia, South Korea, the UK and the US - 50% of companies are "at the midway level" regarding 5G readiness.
Nokia said its research shows that just over a fifth of technology buyers (22%) said that 5G implementation is not a current priority for their business.
Nokia's report comes as political leaders have recently displayed concerns about 5G telecommunications network rollouts over possible health risks.
Copyright (c) 2020 CercleFinance.com. All rights reserved.