The US Needs to Lead the World in 5G Wireless Technology to Stay Competitive

According to a survey commissioned by CTIA, 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 the survey, conducted by Harris Poll, 80 percent of business leaders in these key industries believe 5G, the next generation of wireless technology, will positively impact their businesses, and a strong majority, 62 percent, are planning to invest more in wireless technologies next year.

Key corporate executives feel the U.S. needs to lead the world in 5G because wireless leadership is critical for their continued global competitiveness. The global race to 5G is on and this is a race that America has to win - said Meredith Attwell Baker, President and CEO, CTIA.

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 study was conducted August 3-21, 2017, online by Harris Poll on behalf of CTIA among 507 executives in the U.S. working in the healthcare, transportation, energy, and manufacturing industries. A full methodology is available upon request.