Dr. James Prieger Releases Economic Analysis Report on 5G Wireless Impacts
Pepperdine School of Public Policy professor James Prieger released a new report titled “An Economic Analysis of 5G Wireless Deployment: Impact on U.S. and Local Economies.” This report examines the potential of 5G as a general-purpose technology to unleash improvements in economic productivity, employment, and consumer value.
“The broadest impact on the labor market comes from new employment opportunities through the way 5G will enable new applications, services, ways of doing business, and general growth of businesses,” said Prieger. “These workers will earn more than $560 billion during the next seven years, create $1.7 trillion in additional output, and add over $900 billion to US GDP.”
The research was performed on behalf of ACT | The App Association, which represents more than 5,000 app makers and connected device companies in the mobile economy.
Read the full report here.