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The UK’s Department of Culture, Media and Sport has revealed findings of a study that suggests the impact of radio spectrum on the UK economy is worth more than £50 billion a year.
The Analysys Mason study, commissioned by Government, found spectrum use was valued at £52 billion in 2011, an increase of 25 per cent in real terms since a similar study was carried out in 2006.
Mobile services account for nearly 60 per cent of this value, with broadcasting responsible for another 20 per cent. Other sectors considered include the use of Wi-Fi on mobiles, microwave links, satellite links and private mobile radio.
The findings support Government plans to release 500MHz of public sector spectrum to unlock growth and drive innovation in the UK economy.
“Ongoing market, technical and commercial trends all point towards continued growth in the public mobile sector, suggesting its importance to the UK economy will continue to increase,” said Philip Bates, Senior Manager at Analysys Mason and lead author of the report.
Other key results of the research include:
Public mobile communications are supporting a supply chain generating annual revenues of around £20 billion and supporting 75, 000 jobs;
Broadcasting services support a supply chain worth around £16 billion a year and support 40,000 jobs.