5G is the fifth generation cellular network technology. It is the next generation of mobile internet connectivity, offering faster speeds and more reliable connections on smart phones and other devices than ever before. Its potential is unmatchable and taking us closer in unfolding our imagination. The 5G is an immense transformation in network technology due to its high speed and large network.
Need to implement 5G
The existing 4G has the capability of providing a faster internet but when it comes to the number of users, interruptions in service, especially when masses of people in the same area are trying to access online mobile services at the same time. To overcome this drawback, 5G is much better at handling thousands of devices at a time, from mobiles to equipment sensors, video cameras to smart street lights. One of the most important development talked upon the implementation of 5G, is the concept of automated cars. The first generation of driverless cars will be self-contained, but future generations will interact with other cars and smart roads to improve safety and manage traffic.
Impact of 5G on US-China Trade War
According to the U.S officials, China’s trade practices are unfair as it encourages intellectual property theft and corporate espionage while forcing restrictions on foreign companies that are operating in China. In order to retaliate, US President Mr. Donald Trump imposed tariffs to 25% on some of the Chinese imported goods and banned Huawei products in the U.S territory.
The country which leads in the development and deployment of 5G technology will see more economic growth and so shall have more powers to dominate the industry. The leader of 5G stands to gain hundreds of billions of dollars in revenue over the next decade, with widespread job creation across the wireless technology sector. The country that owns 5G will be responsible for many of these innovations and set the standards for the rest of the world. Domination in 5G will provide an opportunity for China to surpass U.S and the West in order to become the economic and geopolitical superpower that it has always wanted to be.
The following are the use cases of 5G network
Health care: Better video streaming quality and faster rate of data exchange will increase in the quality of telemedicine appointments and allow paramedics to dispatch critical patient’s data to the hospital before their arrival.
Driverless cars: These cars are self-contained and can alert the driver about the hazards, for this the connectivity of the data should be more instant and quick which can happen through 5G network speed.
Augmented Reality and Virtual Reality: Many experts believe that 5G network will unleash the maximum potential of VR and AR technologies.
Smart Cities: Digitalization in traffic regulation like connected traffic lights and in public services such as intelligent parking will carve a way for a proper management of system.
Cloud: The 5G network will play a vital role by analyzing colossal and complex data for cloud computing.
Top countries advancing in 5G
- South Korea
The 5G is all set to bring the declined market of smart phones into a growth market. Since, South Korea and China are two major economies which have launched 5G; a massive growth is expected in this industry.
5G is undoubtedly the network which artificial intelligence and virtual reality are waiting for. The high speed is the distinct feature that makes this network stand out from our current 4G network and it is said to be that the streaming speed of 5G is in the range where an high definition movie can be downloaded within a few seconds and the low latency (high volume data with very minimal delay) to transfer data immediately is set to unlock tremendous possibilities in wireless technology.
5G will take quite some time to dominate the market mainly because of the infrastructure which is not yet developed and a race for adopting this network among the countries is still on going. With increasing investments and demand for 5G, 25 operators are launching 5G in 2019 and 26 additional operators in 2020.This shows that even though 5G has not captured the market, in the next 4-5 years it is going to become highly prevalent in the economy with over 1 billion 5G subscriptions by 2023.
For details on each of the use cases, region-wise study and 5G smartphone and infrastructure analysis please feel free to refer to the following 5G reports from CrispIdea: