CityLocal Pro

Early deployments of 5G, the fifth generation of telecommunications technologies, are underway across the globe, and analysts estimate that 5G will lead to massive economic growth. In the United States, that growth is expected to create up to three million new jobs and an additional $500 billion in the US gross domestic product. Those estimates jump to $12.3 trillion in sales activity globally across sectors supporting up to 22 million global jobs by 2035. Thus, government and industry officials face tremendous pressure for the United States to quickly become a global leader in 5G technology in the face of formidable competition from other nations eager to capitalize on 5G’s potential.