5G is the abbreviation of the fifth generation of mobile communications systems. 5G is the next generation of wireless internet and is expected to be much more improved than the 4G network. 5G is expected to provide better internet connections and not lag when multiple devices are connected to the network.
Though the development of 5G technology is still at a nascent stage, the global 5G market is expected to experience significant growth and garner a huge revenue once it is launched. 5G network is expected to guarantee faster speed and less latency when connected to the network.
There are various uses of 5G technology. The launch of 5G technology, the data speed will be enhanced drastically and will be suited well for enhanced mobile broadband. 5G technology will also result in enhanced Fixed Wireless Access (FWA). This will help address the limited broadband penetration levels in India and also experience consumer’s data experience on the move.
5G is expected to support ultra-low latencies which makes it perfect for latency-sensitive cases such as Robotic Surgery. Robotic Surgery allows a doctor to diagnose and perform surgery on a patient, from a remote location.
Smart cars generally require quicker responses from the network as well as consume a lot of bandwidth. An automated fast-moving car cannot be expected to wait for seconds to decide whether the object crossing the road is a vehicle or a human and thus for this, they require continuous connectivity to the network. With the launch of 5G, it is expected, not only to support higher bandwidths but also lower latencies which will enable the hassle-free use of smart cars.
5G supports virtual reality/augmented reality (VR/AR) use cases and is thus expected to enable consumers to play high definition game as well as consume high-quality entertainment. Due to the increased bandwidth and lesser latency of 5G network, it allows service providers to stream Live Television.
The launch of 5G technology could lead to radical changes in how we use our mobile phones, enabling us to enjoy virtual reality on-the-go, interactive live broadcasts, and even project holograms from our handsets. 5G will also benefit the telecommunication sector to a great extent. It will provide better usage of smartphones by improving their speed and is also anticipated to introduce VR and AR in the smartphone sector.
The 5G network will support technological innovations like the Internet of Things (IoT), Intelligent Transport Systems (ITS), smart utility grids, drones, and many other connected devices.
5G network will not only benefit the business organizations but also the general public. Various new technologies will gain momentum due to the launch of 5G, and will, in turn, enhance the network making it more efficient and reliable.
The global 5G market is expected to experience a meteoric rise once it is launched in the market. It will result in significant growth of the telecom industry and will result in hyper connected societies where mobile phones will rule almost every aspect of human lives. The demand for mobile broadband, the increasing smartphone user base and various other factors are expected to drive the 5G market.