Digital Realty Launches Digital Docklands As London Readies For Multibillion-Pound Technology Boom - Seite 2

AI is the second most impactful with an expected contribution in 2019 of £1.99 billion (32 percent of the total) through applications such as combating money laundering.  Blockchain will generate £1.04 billion of value (17 percent), and 5G, still in its early stages, will add £130 million (2 percent). 

By 2029, however, these new technologies are tipped to contribute an estimated £24.29 billion to London's economy, £18.04 billion more than 2019. 

Technology	Aggregate Annual Value to London's Economy, 2029
AI	£10.46 billion
IoT	£6.44 billion
5G	£4.29 billion
Blockchain	£3.09 billion
Total	£24.29 billion

Table 2:  London – contribution of four digital technologies: 2029 (£GBP, 2019 prices), "Digital Capitals Index:  London"

The most spectacular growth is expected to come from 5G, with its economic contribution to London's economy set to increase 3,000 percent over the next decade, from £130 million to £4.29 billion, as 5G becomes the foundation for the deployment of many other innovative, data-led technologies.

Digital Realty's investment in the Digital Docklands is designed to underpin the growing importance of data-led technologies to London's economy by ensuring the city's businesses have the right digital infrastructure to adopt and deliver on complex technology, wherever and whenever they need.  The Digital Docklands campus is highly connected, offering the high-speed global connectivity required to deliver on the promise of AI, IoT, 5G and Blockchain.