Currently , the global industrial 5G market is generating US $ 12.47bn . Predicted to reach US $ 140.88bn by 2030 , the technology is expected to transform manufacturing operations and significantly increase productivity for the manufacturing industry .

Specifically for the UK , Vodafone ’ s research into the use of 5G in manufacturing and how it can benefit the industry , sees the technology increasing the industry ’ s value in the UK by as much as £ 3.6bn by 2030 .