New economic modeling shows that the implementation of 5G-enabled technologies will have far-reaching benefits for society, including saving the NHS almost £1 billion annually. The integration of 5G within the healthcare system will lead to higher quality remote check-ups and patient monitoring, reducing the need for unnecessary visits to GPs and hospitals.
In addition to healthcare, economists at WPI Economics, commissioned by Vodafone UK, have identified energy and railways as key sectors that will greatly benefit from the roll-out of 5G. By installing 5G-enabled sensors on rail lines and trains, delays and cancellations can be significantly reduced, ultimately saving passengers a cumulative 25 million hours over five years. The time saved for passengers in terms of productivity and well-being amounts to a value of £326 million.
Furthermore, the use of 5G-powered smart city lights, which are capable of detecting movement to adjust street lighting, has the potential to save local councils £700 million over the next five years. This technology could also contribute to a reduction of one million tonnes of CO2 emissions, equivalent to taking 250,000 petrol or diesel cars off the road and replacing them with electric vehicles.
These findings align with the results of a survey conducted by Vodafone UK, which involved 2,000 UK adults. The survey revealed that 53% of respondents already believe that 5G has the potential to enhance their day-to-day lives. Specifically, healthcare (31%), utilities such as energy and water (21%), and railways (20%) were identified as the sectors that people believe will benefit the most from 5G advancements. Notably, these are also the areas where people reported the highest levels of frustration in the past year.
A spokesperson from Vodafone stated, “Our research highlights that half of the population recognizes the transformative potential of technology in simplifying their lives. It is our responsibility to demonstrate how technologies like 5G Ultra can make a tangible difference to everyday life – the streets we walk on, the trains we travel on, and the way we care for one another. Our proposed partnership with Three UK will provide us with the resources to accelerate our investment in the UK’s digital future.”
Interestingly, the survey found that people believe 5G can have a greater positive impact on their day-to-day lives compared to other innovative technologies such as AI or drones. However, 41% of those polled expressed reluctance to adopt new 5G technologies themselves, citing contentment with their current situation and skepticism regarding potential improvements.
The survey also highlighted a generational divide, with 73% of 18-34-year-olds believing that 5G has the potential to enhance their daily lives, compared to only 31% of individuals aged 55 to 64. Nonetheless, Vodafone UK’s calculations indicate that an improved 5G network could contribute up to £5 billion per year to the UK’s economy by the year 2030.
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Alex Smith is a writer and editor with over 10 years of experience. He has written extensively on a variety of topics, including technology, business, and personal finance. His work has been published in a number of magazines and newspapers, and he is also the author of two books. Alex is passionate about helping people learn and grow, and he believes that writing is a powerful tool for communication and understanding.
