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Development of the Digital Economy: A Case Study of 5G Technology

In: Digital Transformation in Industry

Author

Listed:
  • Yuchan Wang

    (Southern Federal University
    Henan University of Economics and Law)

Abstract

Digital technology is widely used in related industries of the national economy and has become a new driving force for economic development. This paper takes 5G as an example to discuss the integration development of the digital economy. As a new type of communication technology, 5G is playing an increasingly important role in modern society. At present, more and more industry fields have developed and used 5G technology. The competition of 5G is not only competition in the communications field but also competition between industries and economies, between countries and regions. It is also a good opportunity to open up various industries and enter the information revolution. The 5G technology will completely change the current operating mode of many industries and bring greater convenience to people. Compared with traditional communication technology, 5G technology has outstanding features in all aspects, such as new network architecture, flexible spectrum sharing technology, fast transmission speed, strong transmission stability, and short delay.

Suggested Citation

  • Yuchan Wang, 2022. "Development of the Digital Economy: A Case Study of 5G Technology," Lecture Notes in Information Systems and Organization, in: Vikas Kumar & Jiewu Leng & Victoria Akberdina & Evgeny Kuzmin (ed.), Digital Transformation in Industry, pages 215-225, Springer.
    • Handle: RePEc:spr:lnichp:978-3-030-94617-3_16
    DOI: 10.1007/978-3-030-94617-3_16
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    Cited by:

    1. Svetlana Rastvortseva & Elena Kameneva, 2024. "Development of national specialization in 5G technologies within the European Union," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 13(1), pages 1-21, December.
    2. Michael Cabanillas-Carbonell & Jorge Pérez-Martínez & Joselyn Zapata-Paulini, 2023. "Contributions of the 5G Network with Respect to Poverty (SDG1), Systematic Literature Review," Sustainability, MDPI, vol. 15(14), pages 1-25, July.
    3. Feng, Wei & Sun, Shujun & Yuan, Hang, 2023. "Research on the efficiency of factor allocation in the pilot free trade zones," Economic Analysis and Policy, Elsevier, vol. 79(C), pages 727-745.

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