{"id":15816,"date":"2021-02-24T08:58:33","date_gmt":"2021-02-24T08:58:33","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=15816"},"modified":"2021-02-24T08:58:33","modified_gmt":"2021-02-24T08:58:33","slug":"the-economic-impact-of-5g","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/the-economic-impact-of-5g\/","title":{"rendered":"The Economic Impact of 5G"},"content":{"rendered":"<p>5G\u2019s faster speed, lower latency and ability to connect vastly higher numbers of devices has given us a glimpse of a more efficient and productive future. And as 5G\u2019s adoption and rollout accelerate, it\u2019s time to give a thoughtful look into its economic potential.<\/p>\n<p>Researchers at PricewaterhouseCoopers (PwC) did just that, focusing on 5 major industries (healthcare, smart utilities, consumer and media, industrial manufacturing and financial services) that are considered the most likely to benefit from 5G. Within the financial world, 5G is likely to result in redesigned consumer experiences that are virtual. This, in turn, has the potential to reduce costly physical channels, thereby increasing financial access and reducing costs associated with financing. 5G is also expected to support higher-powered financial solutions (such as AI-powered robo-services) and reduce losses from fraud. Find out more about the expected economic impact of 5G <a href=\"https:\/\/www.pwc.com\/gx\/en\/tmt\/5g\/global-economic-impact-5g.pdf\">here<\/a>.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-15816 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Sustainable Fintech Report 2023'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/sustainable-fintech-report-2023\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2023\/12\/8233f979-45ec-69cb-8e65-ef34eaef56e71-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-17412\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-17412'>\n\t\t\t\tSustainable Fintech Report 2023\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='BFC FinTech Monitor (18th \u2013 28th June)'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/bfc-fintech-monitor-18th-28th-june\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2021\/06\/f6f94936-9ebb-0a90-328e-7060abbb028e1-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-16138\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16138'>\n\t\t\t\tBFC FinTech Monitor (18th \u2013 28th June)\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Cyber skills program launches in Australian schools'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/cyber-skills-program-launches-in-australian-schools\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/03\/cyber-skills-program-launches-in-australian-schools-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-12418\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12418'>\n\t\t\t\tCyber skills program launches in Australian schools\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>5G\u2019s faster speed, lower latency and ability to connect vastly higher numbers of devices has given us a glimpse of a more efficient and productive future. And as 5G\u2019s adoption and rollout accelerate, it\u2019s time to give a thoughtful look into its economic potential. Researchers at PricewaterhouseCoopers (PwC) did just that, focusing on 5 major &hellip;<\/p>\n","protected":false},"author":12,"featured_media":15817,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[],"class_list":["post-15816","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-fintech","category-international-fintech","bulletin_edition-02_february","bulletin_edition-fintech-2021","b_post_type-the-fintech-world"],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/15816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=15816"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/15816\/revisions"}],"predecessor-version":[{"id":15819,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/15816\/revisions\/15819"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/15817"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=15816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=15816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=15816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}