Being able to download a full-length HD movie in seconds and share your wow-moments with friends — that’s just the beginning.
With 75 billion Internet of Things (IoT) devices expected to be in place by 2025, the world is at the cusp of experiencing a technology that will change the way live today.
Being able to download a full-length HD movie in seconds and share your wow-moments with friends — that’s just the beginning.
business and the world at large: industries, regions, towns, and cities that are more connected.
Although we have some idea how 5G smartphone will look like, the technology as a whole is not yet fully understood by billions of people who are set to reap the benefits when it explodes – at home, office or on the go.
an 89 percent increase from 2019 revenue of $2.2 billion, according to Gartner.
Additionally, investments in 5G NR (New Radio) network infrastructure will account for 6 percent of the total wireless infrastructure revenue of communications service providers (CSPs) in 2019, and that this figure will reach 12 percent in 2020.
say Qualcomm, another 5G technology leader.
5G Services have already begun in the US, South Korea, and some European countries, including Switzerland, Finland, and the UK.
Although consumers represent the main segment driving 5G development, CSPs will increasingly aim 5G services at enterprises.
According to Borje Ekholm, President, and CEO of Ericsson, the company will switch on 5G globally in 2019, backed by a strong, secure and available portfolio.
5G will improve your network connection dramatically.
“You won’t have to deal with disruptions when sharing videos from crowded arenas, nor will high-quality videos on your newsfeed cause frustration from all the buffering,” says Ericsson.
More efficient capabilities and vastly increased capacity means you’ll enjoy better performance than ever before – 100 times faster data rates, supporting instant access to services and applications; network latency significantly reduced to 1-10 ms (milliseconds) and network slicing facility, making it possible to dedicate a unique part of a 5G network for a service.
The introduction of 5G will make it possible for communications service providers (CSPs) to improve their business in various ways.
Enabling new use cases, new services new business models and new eco-system, service providers can benefit from up to $619 billion market opportunity globally in 2026.
For the world-at-large, 5G is enabling a new wave of innovation.
It has the potential for changing the world, further powering the trends in tech today: IoT (Internet of Things), AI (Artificial Intelligence), AR (Augmented Reality), autonomous vehicles and many more.
However, with billions of devices in action, a growing strain will be placed on requirements of wireless networks.
The ongoing 5G research, however, will soon address this too.
