How 5G will impact manufacturing in the UK
Studies Suggest 5G could mean annual business revenues in the UK increasing by £15.7 billion by 2025 and manufacturing will be one of the top four industries to benefit from the new network.
A further study, carried out by Qualcomm suggests globally it could create an extra 22 million jobs, with more people being needed to develop and monitor automation processes.
The boost provided by 5G is exactly the shot in the arm that UK manufacturing needed. Since the fourth quarter of 2017 manufacturing has seen a 1.7% decrease in productivity. Fifth-generation mobile internet is set to facilitate a 1% rise in productivity per annum, which translates to a yearly revenue increase of £1.7 billion.
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