With the deployment of 5G underway, favourable regulatory policies to develop digital infrastructure are in development to drive investments to fuel the growth of 5G ecosystem. 5G will connect to multiple technologies such as advanced capabilities with cloud, mobile edge computing, automation, IoT, AI, and AR/VR. The collaboration of this enhanced network and advanced technologies are expected to enable industries to drive efficiencies and unlock the full economic potential of 5G. Investments are being made for 5G networks within the telecoms sector but with other industries, such as manufacturing, healthcare, government, and retail.
techUK’s 5G Ecosystem Working Group will explore the 5G ecosystem, specifically opportunities that 5G can provide into Industry 4.0 with a current focus on manufacturing and logistics, the creative industries sector (including VR and AR, broadcasting and gaming) and to explore the barriers and opportunities of 5G in the rural economy.
The ecosystem is likely to expand rapidly, and business cases are likely to overlap. While we have chosen to focus on a few key areas initially, we expect the ecosystem to be highly interactive and for business cases to emerge which show benefits from using multiple technologies together. The working group will bring together members and stakeholders, and other associations in these sectors the explore the effects 5G will have upon the economy.