Experts have been saying for years that 5G is not just a new generation for mobile networks, but a revolution that will impact everyone’s lives and the economy in particular. But how big will this impact on Italian GDP be? The Tim Study Center has started to do the math: in the next twenty years, therefore by 2040, the positive contribution generated by 5G on the Gross Domestic Product of our country will be equal to 393 billion euros. The main slice, 233 billion, will be linked to connected objects, the Internet of Things. The remaining 160 billion will be generated by services for people (human component). If we consider the current decade 2020-2030, the contribution will be around 78 billion.
The benefits of 5G
The report, presented by Carlo Nardello and Stefano Siragusa (Chief Strategy, Business Development & Transformation Officer and Chief Revenue Officer of the group, respectively) reminds us of the current situation of 5G in Europe: it is marketed in 25 of the 27 EU countries, while in Italy debuted two years ago, in the summer of 2019. The advantages over 4G and previous generations are well known: transmission speed (up to 20 Gbps, 10 times 4G), real-time responses (reduced latency, from 1 to 4 milliseconds against 10-50 of 4G), use in mobility even at very high speeds (think of a Tav train) and a high number of connected devices (density). Data security is also strengthened compared to the past. And finally, an increasingly important feature today, there is greater energy efficiency, with lower consumption in mobile radio sites.
The Tim 5G report examines the individual sectors affected by the arrival of 5G. One of the main areas is that of Health: in health services, the new network will allow Italy to achieve economic benefits of about 1 billion euros a year starting from 2025, of which 150 million for cost containment for prevention, 790 million savings on clinical monitoring, 32 million savings on policies and approximately 4 million greater efficiency and effectiveness in pharmaceutical research and development expenses. Telesurgery, connected ambulance, instrumentally assisted telemonitoring and high definition teleconsultation stand out among the main use cases already tested in healthcare. According to a survey carried out in 2020 by Swg for “Operation Risorgimento Digitale” – the alliance of institutions and companies promoted by Tim to promote the spread of digital culture in the country – 65.9% of Italians believe that the spread of 5G will increase the use of smart watches and other wearable devices, which can provide valid support for the prevention and monitoring of lifestyles through the detection of biometric data, especially in the age group over 55 years (76.4 % of the sample).
In the manufacturing sector, the impact of 5G is worth up to 2.5 billion a year of added value growth starting from 2025, equal to 1% a year. According to the aforementioned survey (SWG for Digital Risorgimento Operation), about 70% of manufacturing companies positively evaluate the introduction of 5G in Italian production processes. What are the areas in which 5G will impact in factories: new smart manufacturing solutions including industrial automation and control systems (e.g. remote control of robots and self-driving vehicles), planning and design systems that simulate industrial processes or training support (virtual manufacturing, e-learning), applications for data collection and monitoring (Data Sensor as smart sensor, product monitoring, video surveillance), manufacturing technologies and product data collection (Supply Chain as tracking of products in the chain of value, 3D printers).
Manufacturing, along with logistics and healthcare, is one of the sectors cited by Tim’s Stefano Siragusa as suspects of “short-term growth”. «The manufacturing sector – he said – is the one that is flying the most also because it includes the concept of product engineering and in the logistics sector. We also experiment in healthcare and with hospitals. Let’s say that growth in the short term is expected in these three sectors ».
No less important are the benefits for the environment, thanks to the ability to monitor the waste generation and collection cycle: “Thanks to the ability to monitor the waste generation and collection cycle, 5G will reduce waste production by 1% , with an economic saving of approximately 106 million per year from 2025 ”, reads the Report.
The TIM Study Center estimates that for the automotive sector 5G will produce overall benefits of about 3.2 billion euros per year starting from 2025: it will improve production processes and the automation of factories, but it will also enrich the equipment of cars on the road. with more powerful and distributed connections, enabling new scenarios such as self-driving or remotely driven cars, improving on-board multimedia entertainment. Manufacturers will be able to enhance data collection by analyzing any anomalies on board in real time, improve the driving experience and vehicle performance, predict the need for maintenance in advance, enable autonomous driving solutions. Scenarios already partially active today but which with 5G will find full fulfillment. All this will translate into an economic benefit for manufacturers in Italy of approximately 920 million euros per year from 2025.
Smart City e Smart Mobility
Smart City and Smart Mobility are among the long-standing promises when it comes to 4G. We are talking about projects that administrations will benefit from, for example by accessing aggregate data, transmitted by sensors on connected cars and by sites (fixed and mobile) used to monitor traffic density and determine the average speed on the roads. These data will make it possible to optimize traffic lights based on the flow of cars and, in the long term, to increase safety on the roads: overall benefits are estimated at around 986 million euros per year starting from 2025. In the logistics and transport sector instead, 500 million euros are expected in 2025 and around one billion euros in 2030, thanks to the recovery of inefficiencies in the management of the logistics network (vehicles and warehouses). A second scenario derives from the availability of data on the state of the vehicle, an economically relevant aspect because downtime is an important cost in the logistics field. 5G will enable new means of transport including drones and self-driving vehicles, remote diagnostics and predictive maintenance, micro-management of warehouses through distributed sensors, automation of port areas and interports.
A final area covered by the report is energy. In the utilities sector, 5G will allow for a greater deployment of smart meters, resulting in efficient energy generation, particularly during periods of high demand. The strategic benefits for electricity and gas, linked to smart meters will bring an overall annual benefit of over 160 million from 2025. The operational savings, on the other hand, are estimated at around 580 million euros per year from 2025. In the water sector, the implementation of the 5G smart metering system on the entire management chain, can bring losses to the physiological limit (10%), with over 700 million euros per year of annual benefit for the supply chain. For consumers, real-time data communication will allow them to become more aware of their consumption, which can lead to energy savings of around 10%, as regards electricity and gas, with an overall benefit of 620 million. euros per year in Italy from 2025.
© REPRODUCTION RESERVED