Five critical success factors for the 5G economy

Policymakers should focus on five critical success factors in order to ensure the US continues to build its emerging 5G economy, according to a report from Boston Consulting Group (BCG). Drawing on an in-depth analysis of the factors that secured America’s leadership of the 4G economy, the study concludes that spectrum availability and wireless network deployments, along with broader economic factors such as a pro-investment and innovation business climate, private sector R&D, and workforce readiness are key to expanding a country’s 5G penetration rate and 5G-powered economic growth.

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