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Cost Benefit Analysis on Full 5G Deployment | UK Results

  • 2 minute read
  • Published by Crispin Moller on 8 Feb 2021
  • Last modified 8 Feb 2021
Building back better with 5G. The UK’s recovery from the COVID-19 pandemic is an opportunity to build back better: to create a dynamic, fair and green economy that offers every citizen, wherever they live, the opportunity to improve their lives and make a contribution. From reducing industrial emissions to connecting remote areas through fixed wireless access broadband, Ericsson 5G will be a key enabler of this transformation.

We need a strategy that will help workers adjust to a digital-led economy after coronavirus. It means providing world-class, next generation infrastructure, so that everyone can take those advantages and those opportunities wherever they live - for example using their 5G network to launch the next killer app.”
Oliver Dowden, Secretary of State for Digital, Culture, Media and Sport

5G as the driver of economic recovery

The UK’s experience of lockdown has demonstrated the critical importance of connectivity. As the next generation in mobile connectivity, 5G will deliver significantly greater speeds, lower latency, and the capacity to handle huge increases in the number of connected devices and demand for mobile data. But its benefits go far beyond enhanced mobile broadband (eMBB) for consumers.

5G offers the biggest ever open innovation platform - one that will play a fundamental role in the UK’s economic recovery and its global leadership in the industries and technologies of the future. 5G’s unparalleled technical capabilities will underpin everything from the smart manufacturing and the greening of our economy to SMEs’ ability to innovate and scale and the creation of truly smart cities. 

Research commissioned by Ericsson from Analysys Mason demonstrate how much these benefits of 5G could be worth in economic terms. The findings suggest that the full rollout of 5G in the UK could generate £15 billion in net economic benefits by enabling innovative use cases, in addition to the substantial benefits expected from eMBB.

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