PwC also highlighted 11 key areas in which 5G can deliver social value that corresponds with the United Nations' Sustainable Development Goals. The social value of 5G mostly comes from its potential contributions to health and well-being, infrastructure enhancements and sustainable industrialization. 5G could help accelerate the shift to autonomous vehicles; this could help move human drivers to office environments more safely and address driver shortages.
5G could also power connected devices that can monitor crop health, smart cities that use IoT sensors to monitor air quality and improve traffic patterns and intersection safety, and hospitals that can remotely diagnose and perform hands-on procedures to treat patient complaints.
There is also chatter about whether the upfront cost of preparing networks and businesses to make good use of 5G will be worth the investment. 5G cannot reach its full potential without the right infrastructure and processes in place, but the same has been true for every generational technology shift. By recognizing the importance of 5G technology and proactively investing in 5G-ready technology, organizations can ensure that they stay at the forefront of digital transformation.
Discover how creative visionaries are using 5G to build innovative solutions to society's most pressing challenges.