Guidehouse Insights Finds 5G Proliferation Offers Cities New Revenue Streams and the Opportunity to Improve Social Equity

BOULDER, Colo., Feb. 10, 2022 /PRNewswire/ -- A new report from Guidehouse Insights discusses the financial opportunities that 5G proliferation creates for cities, exploring how 5G can improve quality of life, attract industry, and increase digital equality. The report also examines community connectivity challenges and provides actionable recommendations as 5G networks expand.

With the advent of 5G wireless networks, cities have an unprecedented opportunity to take control of how ubiquitous connectivity affects not only the financial success but also social and governance aspects of their communities. According to a new report from Guidehouse Insights, 5G proliferation offers cities new revenue streams and the opportunity to improve social equity with emerging partnerships in the new 5G ecosystem.

"Cities can generate new revenue streams through the leasing of infrastructure for small cell sites," says Richelle Elberg, principal research analyst with Guidehouse Insights. "Perhaps more significantly, they can improve social equity by lessening the digital divide between advantaged and economically challenged neighborhoods."

According to the report, cities should partner with communications service providers to monetize municipal assets such as streetlights, utility poles, and fiber networks and work with utilities for shared benefits and monetization of utility rights of way and other assets. City managers can also leverage communications infrastructure vendor expertise in planning and deploying networks.

The report, 5G Presents Financial – and Social – Opportunities for Cities, provides detailed information about the financial opportunities that 5G proliferation creates for cities. The report also explores how 5G can improve quality of life, attract industry, and lessen the digital divide. It discusses the challenging community connectivity considerations and provides actionable recommendations for city managers eager to benefit as 5G networks proliferate. An executive summary of the report is available for free download on the Guidehouse Insights website.

About Guidehouse Insights
Guidehouse Insights, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today's rapidly changing and highly regulated industries. Our insights are built on in-depth analysis of global clean technology markets. The team's research methodology combines supply-side industry analysis, end-user primary research, and demand assessment, paired with a deep examination of technology trends, to provide a comprehensive view of emerging resilient infrastructure systems. Additional information about Guidehouse Insights can be found at www.guidehouseinsights.com.

About Guidehouse
Guidehouse is a leading global provider of consulting services to the public sector and commercial markets, with broad capabilities in management, technology, and risk consulting. By combining our public and private sector expertise, we help clients address their most complex challenges and navigate significant regulatory pressures focusing on transformational change, business resiliency, and technology-driven innovation. Across a range of advisory, consulting, outsourcing, and digital services, we create scalable, innovative solutions that help our clients outwit complexity and position them for future growth and success. The company has more than 12,000 professionals in over 50 locations globally. Guidehouse is a Veritas Capital portfolio company, led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets, and agenda-setting issues driving national and global economies. For more information, please visit www.guidehouse.com.

* The information contained in this press release concerning the report, 5G Presents Financial – and Social – Opportunities for Cities, is a summary and reflects the current expectations of Guidehouse Insights based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report's conclusions and the methodologies used to create the report. Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.

For more information, contact:

Jennifer Peacock
+1.404.575.3859
[email protected]

SOURCE Guidehouse Insights