New generation technologies are expected to enhance the use of the existing spectrum. Nonetheless, they also open the gate to new opportunities and challenges.
At the end of the day, their social impact always brings them into the spotlight. This is precisely the case of 5G.
5G is called to be a game-changer for all telecom industry actors, as well as users, and society as a whole, but first, let’s briefly look into its key contributions.
5G offers new capabilities
From automated vehicles to connected homes or intelligent cities, 5G technology will shake up society as a whole.
This technology promotes above all, ultra-high speeds to improve broadband. It also enables computers and systems to process high data volumes with minimal delay, also known as ultra-low-latency. This becomes essential when real-time access to rapidly changing data is required.
Ultimately, 5G is said to become a turning-point for the Internet of Things and the billions of potential connected devices.
5G’s killer application
Data consumption growth is on the rise among a user community, eager to have permanent access to a growing and more sophisticated digital contents’ offer.
5G is all about speed and the ability to exponentially increase data capacity, in such a way as to enable operators to offer outstandingly superior data plans at lower rates.
As indicated in Cisco’s Visual Networking Index (VNI) on Global Mobile Data Traffic 2016-2022, in 2021 global mobile data traffic will reach 49 exabytes (49,000 million gigabytes) per month and 587 exabytes per year, representing a 47% year-on-year increase between 2016 and 2021 (o 2022).
According to Juniper’s research, 5G Market Strategies: 4G LTE Evolution, Spectrum Analysis & Opportunities, the global 5G network is expected to support an estimated 100 billion devices and will achieve an annual turnover of $65 billion over the next decade.
The 5G technology is still in a trial period and there is still a lot to unveil concerning its many advantages, what it’s clear is that it will mean a great transformation and that users will be the main beneficiaries.