5G can grow India’s GDP by up to 2% by 2030

By 2030, the 5G service is projected to contribute up to 2% to India’s GDP, or over $180 billion. Between 2015 and 2019, the CAGR (compound annual growth rate) for telecom subscriptions in India was 3.37%.

India has been advancing in internet penetration more quickly than other nations in the past, and this trend is expected to continue in the future.