U.S. business leaders believe 5G will aid recovery from economic impact of COVID-19

Verizon Business released findings from its “Verizon 5G Business Report” highlighting the impact 5G technology is expected to have across the United States. The report revealed that technology decision-makers overwhelmingly agree 5G high-speed communications networks and devices will create new growth opportunities and applications for their companies and industries within the next two years.

The survey, which was conducted in partnership with Morning Consult, polled 700 business technology decision-makers across the United States to gauge interest in deploying 5G and specific use cases within the Sports/Entertainment/Media, Government/Public Sector, Healthcare, Manufacturing, and Retail.

Decision-makers largely agree that 5G will create new opportunities for their company (80%), their industry (79%), and their role (79%). According to the survey, 5G will also play an important role to help economic recovery: Seven in 10 (69%) decision-makers believe 5G will help their company overcome the negative impact of the COVID-19 pandemic.

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