The next generation of wireless technology could affect a wide range of industries, from healthcare to financial services to retail.
5G is transforming connectivity.
The technology enables faster data transfer speeds — up to 10x faster than the speeds achievable with older standards — lower latency and greater network capacity. As a result, 5G creates a tremendous opportunity for numerous industries but also sets the stage for large-scale disruption. As of April 2022, commercial 5G services have already been deployed across about 2,000 cities in 70+ countries worldwide, according to Viavi Solutions.
5G will be especially important as the use of “internet of things” (IoT) devices like small sensors increases. The number of IoT devices — which can use 5G to transmit vast amounts of data in real time — is projected to grow from 11B in 2020 to 27B in 2025, per IoT Analytics, more than 3 devices for every person on Earth. From enabling remote robotic surgery and autonomous cars to improving supply chain management, 5G is poised to transform many of the world’s biggest industries.
Download the report to see how the tech will impact:
- Oil & gas
- Energy & utilities
- Financial services
- Media & entertainment
- Cloud & edge computing
- Real estate
- Public safety & disaster response
- Supply chain management
- Environmental & wildlife protection
- Marketing & advertising