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Industry Leaders Believe U.S. Must be a Global Leader in 5G Wireless for their Business to Stay CompetitiveWASHINGTON, Oct. 24, 2017 /PRNewswire-USNewswire/ -- Reflecting the increasing importance of wireless connectivity to the ability of businesses to innovate and compete, seven out of ten leaders across the healthcare, transportation, energy and manufacturing industries believe the U.S. must win the global 5G race to stay economically competitive, according to a survey commissioned by CTIA. The survey, conducted by Harris Poll, also found that 80 percent of business leaders in these key industries believe 5G, the next generation of wireless, will positively impact their businesses, and a strong majority, 62 percent, are planning to invest more in wireless technologies next year. "Key corporate executives know the U.S. needs to lead the world in 5G because wireless leadership is critical for their continued global competitiveness," said Meredith Attwell Baker, President and CEO, CTIA. "The global race to 5G is on and this is a race that America has to win." The survey's findings occur at a critical time. If policymakers make additional spectrum available for wireless broadband, modernize infrastructure rules and ensure regulations and tax policies incentivize wireless investment, the U.S. wireless industry stands to invest a projected $275 billion to deploy 5G, creating over 3 million new American jobs and adding $500 billion to the economy, according to Accenture. In addition, the survey found almost 9 out of ten business leaders in these industries rely more on wireless today compared to five years ago, and 87 percent of respondents also view wireless as very important to their business today. The poll further showed that business leaders believe 5G promises a range of additional benefits, including some of the ones highlighted below. Polling of senior healthcare executives showed:
Polling of senior transportation executives showed:
Polling of senior energy executives showed:
Polling of senior manufacturing executives showed:
About the Research CTIA® (www.ctia.org) represents the U.S. wireless communications industry and the companies throughout the mobile ecosystem that enable Americans to lead a 21st century connected life. The association's members include wireless carriers, device manufacturers, suppliers as well as apps and content companies. CTIA vigorously advocates at all levels of government for policies that foster continued wireless innovation and investment. The association also coordinates the industry's voluntary best practices, hosts educational events that promote the wireless industry and co-produces the industry's leading wireless tradeshow. CTIA was founded in 1984 and is based in Washington, D.C. View original content with multimedia:http://www.prnewswire.com/news-releases/industry-leaders-believe-us-must-be-a-global-leader-in-5g-wireless-for-their-business-to-stay-competitive-300541983.html SOURCE CTIA |