Socio-economic impact of Wi-Fi around the world

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Socio-economic impact of Wi-Fi around the world

People around the world are becoming dependent on internet connectivity for various aspects of their work and personal life. Wi-Fi provides this connection feature, making it difficult to maintain productivity and levels of daily life without a connection.

How do you find directions, send messages to friends and family, and look up weather forecasts? Last year we started using Wi-Fi for important services such as telemedicine, e-learning and remote commuting. It has become an integral part of our daily lives.

But did you know that more than 4 billion people in the world do not have access to the internet? And globally, only 55% of households have an internet connection. Will this number drop to less than 20% in the poorest countries?

Recognizing the potential to accelerate socio-economic development and promote affordable connectivity for those who have not yet benefited, while looking back on the important role Wi-Fi plays in connecting cities and communities. It is essential to be there.

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Understand the value of Wi-Fi

According to a recent study commissioned by the Wi-Fi Alliance, the annual global economic value of Wi-Fi will exceed $ 3 trillion in 2021, reach $ 5 trillion in 2025, and 150 between 2018 and 2025. % Growth is expected. An important financial contribution to Wi-Fi.

The study found several key factors and developments affecting the Wi-Fi industry, including free Wi-Fi in public places, consumer savings using the Internet at home, and Wi-Fi connectivity. Based on, we evaluated the economic value of Wi-Fi in 15 countries. -Further innovation, reduce network congestion and improve throughput with Fi, pandemics and new frequency allocations instead of mobile networks.

The Internet has become a major part of France’s telecommunications infrastructure, with 78% of households in the country having access to the Internet. There are over 1.2 million free Wi-Fi access points in France, and 87% of French broadband subscribers use Wi-Fi access at home.

According to a Médiamétrie survey published in February 2021, French have never spent so much time on the web in 2020. 2019. That’s why access to high-speed Wi-Fi connections is essential to meet the new standards created by the health crisis.

The economic value of Wi-Fi in France is driven by the growing importance of free Wi-Fi, increased speed, the deployment of IoT, and the growing adoption of AR / VR. The economic value of Wi-Fi in France has reached $ 63 billion this year and is expected to rise to $ 104 billion by 2025.

Social benefits of Wi-Fi

Wi-Fi is a major driver of economic growth, but its benefits go beyond economics. Wi-Fi provided:

  • Functional value: Provides essential services not only for businesses and individuals / individuals, but also for education and logistics.
  • Social Value: Allows users to maintain contact and relationship connections that are important to their mental health.
  • Community Value: Provides access to critical services and remote connectivity capabilities in rural and remote areas

Over the past year, Wi-Fi has helped improve economic resilience and mitigate the negative effects of a pandemic, according to a recent study. Wi-Fi has proven to be a major driver of digital resilience and innovation, benefiting both developed and emerging markets.

Wi-Fi is a key element of our global efforts to enable services that can support advanced applications and eliminate the digital divide in rural and remote areas. It will also provide the platform needed for free Internet access in developing countries, drive economic growth, improve social mobility and computer literacy, and make it essential to economic resilience.

For example, KT has made remarkable achievements in Bangladesh, working with Bangladesh’s government authorities to implement high-speed Wi-Fi infrastructure to improve distance education, telemedicine and agriculture.

Advances in Wi-Fi will allow you to connect to where you need it most

Regulators around the world recognize the socio-economic value of Wi-Fi, affordable performance, efficient operation in the unlicensed spectrum, security efforts, ease of use, and self-deployment. , And emphasizes the perfect combination of long-term performance. Term compatibility that provides the basis for dealing with different connection use cases.

There is global pressure to open the 6GHz band for Wi-Fi use because of the tremendous value, essential services, and new opportunities that Wi-Fi can bring to citizens around the world.

6 GHz Wi-Fi or Wi-Fi 6E provides greater capacity, wider bandwidth, and lower latency to provide the connection users are accustomed to. The combination of Wi-Fi adoption, new technologies and additional frequencies will allow users to connect where they need it most.

The continuous evolution of Wi-Fi is making a big difference in connecting people. This means that anyone can connect from anywhere, from any device. Days without Wi-Fi are almost unimaginable, but to meet your needs, you need to ensure that this important connection is available to users around the world.