SINGAPORE (Apr 3): While Southeast Asia stands to enjoy exponential additional value as a result of adopting 5G technology, a growing “digital divide” between regional economies could limit the region’s ability to realise the full potential of 5G connectivity.

Analysing hundreds of 5G use cases in the mobility, healthcare, manufacturing, and retail sectors (around 30% of the global economy), a Mc-Kinsey Global Institute (MGI) report found that the most promising use cases in these four sectors alone could lead to a US$1.2 trillion-US$2 trillion ($1.72 trillion-$2.86 trillion) increase to global GDP. Gains from the global economy as a whole are estimated to vastly exceed this amount.

Developing countries will benefit significantly from such advances in connectivity. The addition of two billion internet users in the developing world would initially generate an extra US$1.5 trillion to US$2 trillion in global GDP, representing significant economic gains for developing countries like Myanmar and Cambodia.

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