The billion-dollar impact of 5G on the Indian economy: 5 points


The benefits of 5G for the Indian economy

GSMA (Global System for Mobile Communications), the global industry body representing mobile network operators, has released a report on India’s digital transformation journey, particularly focusing on the upcoming rollout of 5G services and its economic impact.

Here are 5 takeaways from the GSMA report:

  1. 5G is expected to benefit India’s economy by 36.4 trillion rupees ($455 billion) between 2023 and 2040, the GSMA report showed.

  2. The benefits of 5G technology are expected to be realized in manufacturing (accounting for 20% of total benefits), retail (12%) and agriculture (11%), etc.

  3. 5G will account for more than a third of total connections in India by 2030, with the share of 2G and 3G falling to less than 10%. He also noted that the high level of 4G adoption in India (79%) indicates a subscriber base ready to upgrade to 5G.

  4. While the proportion of connected adults (people over the age of 18) in India has increased, a third of those covered by mobile broadband networks are not yet using the service, according to the report. Lack of literacy and digital skills remains the biggest barrier, he noted.

  5. There is also a considerable gender gap in cell phone ownership and mobile internet use. While there is a 14% gender gap in mobile phone ownership, this figure jumps to 41% in mobile internet use. The report notes that lack of digital awareness and skills are among the top barriers to women’s adoption and use of mobile internet.


Comments are closed.