During this workshop the first results of the latest EU study on the socio-economic impact of 5G in the EU Member States will be presented. This study provides an insight to the perfect scenario if Europe can maximise the benefits of 5G. It fills a major void in 5G research by forecasting the quantitative socio-economic benefits.

A year ago the European Commission launched a study to identify key socio-economic data which will help in the planning for the introduction of 5G infrastructure in Europe (SMART 2014/0008).

The study focused on four verticals (automotive, healthcare, transport and utilities) and four environments (smart cities, non-urban areas, smart homes and workplaces) to investigate the impact of 5G in the EU. In particular, 5G is expected to generate benefits of €95.9 bn per annum in the four above mentioned verticals in 2025 and benefits of €50.6 bn in the four environments in 2025. 63 per cent of these benefits will arise for business and 37 per cent will be provided for consumers and society.

The study also investigated spectrum challenges and needs of 5G.

The final results are expected to be published in April 2016.

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