Review article
https://doi.org/10.62366/crebss.2024.2.001
A review of potential economic effects of 5G infrastructure development - the case of Croatia
Tajana Barbić
; The Institute of Economics, Zagreb, Croatia
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* Corresponding author.
Abstract
This paper outlines the prospective economic advantages of implementing 5G infrastructure within the Republic of Croatia through a critical review of relevant literature. The emergence of 5G infrastructure promises transformative changes across various sectors, reshaping industries and driving economic growth. Numerous studies and research predict that 5G will have a significant economic impact, opening new markets and opportunities for growth in many industries through the creation of new jobs, enhancing productivity, and stimulating global economic growth. This paper presents the regulatory framework for 5G infrastructure in Croatia and the EU, identifying potential benefits that various industries and use cases might gain from the implementation of the 5G network and associated digital mobile technologies. The aim of this paper is to provide a detailed and critical review of such research and to focus specifically on key sectors in the Republic of Croatia where the potential benefits of the 5G network would be greatest. These sectors include manufacturing, ICT, public sector services, wholesale and retail, finance and insurance, transportation and storage, as well as tourism. The contribution of this work consists of identifying and compiling potential challenges of implementing the 5G network from existing literature.
Keywords
digitalization; 5G infrastructure; socio-economic effects
Hrčak ID:
322828
URI
Publication date:
28.11.2024.
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