Business
“Sub-Saharan Africa manufacturing sector will benefit the most from 5G in 2030” – GSMA
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GSM Association, the global umbrella body of mobile network operators, has said that the manufacturing sector will benefit the most from the rollout of 5G technology by telecom operators.
The body stated this in its latest ‘Mobile Economy Sub-Saharan Africa’ report.
According to GSMA, while 5G is expected to benefit most sectors of the Sub-Saharan Africa economy, over 32% of the benefits are expected to come from the manufacturing sector
It added that this would be driven by applications such as smart factories, smart cities, and smart grids.
GSMA said 29% of the benefits will go to the services sector, while every other sector will benefit based on their ability to incorporate 5G use cases in their business.
Projecting the general impacts the technology would have on Sub-Saharan Africa’s economy over the next seven years, GSMA said:
While noting that Sub-Saharan Africa would have 226 million 5G connections in 2030, equivalent to an adoption rate of 17%, GSMA said this would be driven largely by Nigeria and South Africa.
GSMA in the report noted that there has been a steady growth of unique mobile subscribers in Sub-Saharan Africa.
According to the body, this would continue over the next seven years, taking the total to nearly 700 million by the end of 2030.
Again, Nigeria and Ethiopia are projected to account for almost a third of total subscribers in Africa by 2030.
Mobile penetration in the region is also projected to reach 50% by 2030; however, this will be much lower than the global average of 73% by the same year.
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