The 5G Fixed Wireless Access Market is expected to project a compound annual growth rate (CAGR) of 75.4 percent in 2030, according to Reportlinker. Meanwhile, the market is projected to surpass $90 billion by 2030, compared to $500 million in 2020.
Health equality exists only when every individual can access healthcare services. People living in remote areas often lose out on this, getting tied down by costly travel, long waiting times or delayed treatment.
ACCESS TO AFFORDABLE, reliable, high-speed internet is a civil right. For those who remain on the wrong side of the digital divide, economic, educational, and civic engagement opportunities are increasingly out of reach. The consequences of not being connected impact more than the households that remain offline; it has a rippling effect throughout the country, particularly as it relates to our economic future.
Over the past few years, America’s wireless industry has built 5G networks across the country. What they’ve really built is even more powerful and important: a platform for economic growth and innovation that will create millions of jobs and help rebuild the U.S. economy.
A new Boston Consulting Group study released today brings to life what our 5G economy will unlock: roughly 4.5 million new jobs and $1.5 trillion in economic growth. This study confirms the significant benefits of 5G, today and for years to come.
Yahoo, part of Verizon Media, today launched its “Make Space for Black Voices” campaign to honor Black History Month. The programming includes a celebratory Yahoo logo in partnership with creative artist Janel Young, as well as new video series and on-air interviews celebrating Black changemakers, and a special livestream event featuring different industry leaders. Through an emphasis on e-commerce, the campaign will also spotlight Black-owned businesses with virtual pop-up shops, dedicated hubs, as well as articles and videos on Black owners, brands and products. The coverage will last throughout the year and build upon ongoing efforts by Yahoo to provide a platform for the important voices and issues of our time.
Today, Verizon urges a new government approach to help bridge the digital divide. The pandemic has made clear that broadband is critical to daily life and that a lack of connectivity can reinforce and widen educational and economic disparities.
Millions of Americans still lack access to broadband, can’t afford it, or don’t have the digital skills to use it. That needs to change. While Congress and the FCC have adopted policies to address the digital divide over the years and in recent emergency legislation, they don’t go far enough. The broadband gap is a persistent national problem that needs to be addressed in a comprehensive way.
Mobile telecommunications may be the most equalizing of technologies. Through competition, innovation, and market-led regulatory policies, mobile operators have been able to empower nearly every person on the earth with a device and connectivity. This has accomplished more in measurable quality of life than any government subsidy program. It is fitting that mobile operators are leading the discussion about the next level of empowerment through technology and market development.
For Darrin Thomas, supporting South Carolina’s African American-owned businesses is a top priority. Through his Columbia, SC-based business, Black Pages South, his mission is “to educate, to enlighten, and to empower the minority and the African American community.”
Black Pages South is an online network of small businesses, consumers, and corporate partners, and it promotes the efforts of minority businesses to help expand their reach and impact.
According to Darrin, connectivity is key, and 5G “equates to speed and accessibility,” which will have “a profound impact” on the businesses he helps to promote.
As he reflects on how his businesses has evolved over nearly 30 years as well as the challenges put forth by the global pandemic today, he notes that in order to realize the possibilities with 5G, “the enhancements and investments we make now, will really determine where and what we will look like.” To that end, he encourages policymakers to think about “where they want to be 20 years from now?”
To learn more about Black Pages South, click here; and to watch Darrin’s Faces of 5G video, click here.
Now that so many of us have become accustomed to working from home, one question that might come up is does 5G really matter anymore? After all, most people are probably connecting to the internet, and all of their work colleagues, with their in-home Wi-Fi via a broadband connection such as a cable modem. Why would they need a different type of fast wireless connection?
US Tech Future is a Verizon-led community-focused initiative working to engage the local community in a discussion about technology and how it can improve the lives of local residents for their benefit and the benefit of the community as a whole.
Our mission is to engage with citizens and community stakeholders in USA to provide information on how technology can work to have a dramatic impact on the way we work and live in our communities.