How 5G will affect the global economy?

A 5G economy study shows that 5G’s full economic effect will likely be realized
across the globe by 2035 and 5G will drive global growth by $13.2 Trillion
dollars of global economic output. Its impact will be much greater than
previous network generations.The study also revealed that this 5G Value
chain will support by creating 22.3 million jobs.

In India too, it is like a game changer by 2035. It is expected to create an

economic impact of more than US $1 trillion by 2035.
The government is keen to jump to India's 5G Commercial Launch, It is Supported
by the existing talent across the TMT industry, India is working on the opportunity
to mature its ICT portfolio and unlock mega monetization.

Government is trying to launch it sooner and its Focusing on these Key areas:
 Reasonable spectrum pricing and its allocation
 Policy framework enabling extensive fiberisation and incentivisation to
share fiber networks.
 Drive for the manufacturing of “Made in India” for 5G equipment’s and
handsets.
 Tailor made use of 5G Applications and cases allowed by successful tests.
 Public-private partnerships for broadband growth.
 5G deployment and training.