Economic growth and the digital transformation of enterprises
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Impact and projections
Industries worldwide are undergoing significant digital transformation, fundamentally reshaping how businesses operate and interact. At the core of this shift, connectivity is a crucial enabler. While the economic benefits of mobile connectivity are well documented, the broader impact of digital transformation across industries remains less understood.
This study offers empirical evidence on how the latest wave of digital technologies is fuelling economic growth. Analysis indicates that continued integration of digital technologies across enterprises is expected to contribute nearly $11 trillion, or 8.4% of global GDP, by 2030.
Initial 5G adoption has unlocked new use cases and accelerated the digitalisation for early adopters across industries. But the reach of enterprise 5G adoption remains limited. Collective action from stakeholders is essential to realise the untapped potential of next-generation connectivity and maximise the socioeconomic benefits of digital transformation.
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