Case in point: GSMA Intelligence research found that over a long period in the past, on average, a 10% increase in mobile adoption increased GDP by 1%. The economic benefits increased by approximately 15% when connections were upgraded from one mobile network technology to a more advance one (e.g., 2G to 3G, and 3G to 4G). This indicates how networks' intergenerational evolution from 4G to 5G and beyond will be a pivotal contributor to GDP growth.
Southeast Asia is expected to experience the fastest digital economy growth over the next 10 years, according to reports.
Networks – or 5G in particular – will be key to that becoming a reality as it will be the crucial backbone to the development and adoption of transformative technologies such as artificial intelligence (AI), cloud and edge computing.
