Beyond what they've already adopted in order to weather the pandemic, organizations will be looking for technologies that align with their bottom-line metrics. These usually include the ability to boost workforce productivity as well as the top-line revenue that contributes to the wider economy.
Business leaders already anticipate 5G playing a role in both areas. According to the Verizon 5G Business Report, for example, 80% of business decision-makers believe 5G will provide new opportunities for their companies.
Almost three-quarters, or 73%, have already identified the 5G applications that will be most beneficial to their company, and seven out of 10 believe 5G technologies will help accelerate their post-pandemic recovery.
Some sectors that can benefit from the 5G economy include healthcare, supply chains and retail. Here's a breakdown of the impacts that 5G could have on productivity and economic growth in these industries: