How 5G will transform our world

What is 5G?

5G refers to the fifth generation of mobile networks. After 1G, 2G, 3G, and 4G networks, it is a new worldwide wireless standard. 5G offers a new type of network capable of connecting nearly everyone and everything, including machines, objects, and gadgets.

5G wireless technology is intended to provide more users with better multi-Gbps peak data rates, super low latency, increased dependability, huge network capacity, enhanced availability, and a more consistent user experience. Higher performance and efficiency enable new user experiences while also connecting new industries.

How fast is 5G?

According to IMT-2020 specifications, 5G is expected to provide peak data speeds of up to 20 Gbps. Qualcomm Technologies' flagship 5G solution, the Qualcomm® SnapdragonTM X65, is designed to provide downlink peak data speeds of up to 10 Gbps.

But 5G is about more than simply speed. In addition to increased peak data speeds, 5G is intended to deliver significantly more network capacity by utilizing new frequencies, such as mmWave.

5G may also provide considerably reduced latency for a more quick reaction and a more uniform user experience, ensuring that data speeds remain constantly high—even when users move around. Furthermore, the new 5G NR mobile network is supported by a Gigabit LTE coverage base, allowing for ubiquitous Gigabit-class connection.

When and how will 5G impact the global economy?

5G is driving global growth.

• $13.1 Trillion dollars of global economic output
• $22.8 Million new jobs created
• $265B global 5G CAPEX and R&D annually over the next 15 years

We discovered that the entire economic impact of 5G will likely be achieved across the globe by 2035, supporting a wide range of businesses and potentially enabling up to $13.1 trillion in products and services.

This has a far higher influence than earlier network generations. The new 5G network's development requirements are also moving beyond conventional mobile networking companies to industries such as the automobile industry.

According to the report, the 5G value chain (which includes OEMs, operators, content providers, app developers, and consumers) may support up to 22.8 million employees, or more than one job for every resident in Beijing, China. And there are many new and emergent applications that will be specified in the future. Only time will tell how big the "5G effect" will be on the economy.

5G will do a lot more than just boost your network connection. It opens up new possibilities for us, allowing us to develop ground-breaking solutions that benefit society as a whole.

Imagine billions of linked gadgets gathering and exchanging information in real time to decrease traffic accidents; or life-saving apps that can take flight owing to lag-free assured connections; or manufacturing lines that are so predictive that disruptions can be avoided far in advance.

Advancing societies

• Smarter electricity grids for greatly reduced carbon emissions
• More connected vehicles sharing data to prevent road collisions
• Faster deployment of emergency services to accidents
• Connected sensors that can detect and warn of natural disasters early
• Drones becoming a key tool to accelerate and support emergency situation response
• Remote expertise with specialists smoothly consulting/diagnosing patients elsewhere

Transforming industries

• 5G is the foundation for flexible, efficient and responsible business.
• Production lines autonomously reacting to supply and demand
• Digital replicas that can warn about real machinery faults ahead of time
• Logistic networks autonomously routing goods based on real-world conditions
• Full traceability down to the individual item at warehouses and ports
• Remote access to powerful robots and vehicles for improved safety in risky environments
• Increased use of IoT in agriculture to efficiently grow crops.

Elevating experiences

• Greater realism in VR, AR and extended reality (XR) with lighter devices
• Delivering sensory experiences, like touch, through devices
• More engaging methods of teaching through immersive content
• Immersive virtual meetings to boost remote team productivity
• Stable and reliable connectivity in crowded spaces
• New angles and interactions for live and remote event spectators