The arrival of 5G is set to be one of the most significant events in humanity’s technological history.
Though the name implies that 5G is simply a new generation of 4G, it is, in fact, a radically new telecommunications system. It will revolutionize the way we work and live.
5G WILL REVOLUTIONIZE THE WAY WE WORK AND LIVE
5G will facilitate communication at high speeds with low latency; it will make it possible to simultaneously connect billions of devices with high reliability and better power consumption.
This will lead to better efficiencies and improved outputs. We will see the birth of endless new use cases enabled by a new level of connectivity.
Many of these we cannot imagine yet.
COMMERCIAL IMPACT IN TENS OF TRILLIONS OF DOLLARS IN THE NEXT DECADE
The commercial impact will be significant – measured in tens of trillions of dollars in the next decade – and few industries will be left untouched by 5G’s transformative impact.
The effect on the way we live may be even more profound. Communities separated by geography from education and other essential services will now be able to access them through 5G’s telecommunications capability.
Quality of life will be democratized.
Everybody should profit from the promise of this technology. It will be fundamental to Canada’s future economic prosperity. In Canada the economic benefits are estimated to reach $40 Billion in annual GDP contribution and 250,000 permanent new jobs by 2026. With the “multiplier effect” of 5G and the growth of 5G-enabled massive Internet of Things (mIoT) these benefits could become even larger.
5G promises to unleash the country’s latent potential for digital innovation and technological development while stimulating transformation across multiple sectors of business and society.
BY 2026 UP TO $40B IN ANNUAL GDP CONTRIBUTION TO CANADIAN ECONOMY
CA5G is devoted to the successful implementation and development of Canadian 5G for the benefit of all stakeholders, including businesses, customers and citizens.
We aim to help Canada take its place among the nations leading responsible but innovative 5G deployment by bringing together industry players, regulators, government, and leaders of private and public enterprise.
Representing this collaborative network of experts, consultants, policymakers and practitioners, CA5G is set to accelerate the growth of the Canadian 5G ecosystem, bringing economic and social rewards to all.