The Mobile Economy North America 2024

The Mobile Economy North America 2024
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The Mobile Economy North America 2024
Pages
46
Released
OCTOBER 2024

The US and Canada continue to be among the global frontrunners in 5G adoption, a testament to the significant investments by operators and the strong demand from customers for enhanced connectivity. The rollout of 5G across North America is occurring alongside a wave of mobile network innovations and technological advancements, including the rise of generative AI, the expansion of satellite capabilities and increased network API exposure. These trends are seen by operators and the wider mobile ecosystem as critical to unlocking innovation and generating new revenue opportunities.

5G connectivity is already emerging as a powerful driver of GDP growth, with its contribution to GDP in North America projected to exceed $210 billion by 2030, accounting for more than 15% of the region’s overall mobile economic impact. Beyond GDP, the mobile ecosystem supports around 2.7 million jobs (directly and indirectly) and makes a significant contribution to public sector funding, with $130 billion raised through taxation in 2023.

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