The dependence on mobile devices and its capability to interlink our lives with people, material, goods and services is an integral part of our day-to-day lives. 

This mobile revolution and connectivity would not have been possible without the wireless networks. 1 G started the revolution and introduced voice calls, then 2 G coupled it with the short messaging service, 3 G upgraded it to mobile data. 4G gave us amazing speeds and allowed us to experience video and downloads. 

• 1G provided analog voice.

• 2G announced digital voice 

• 3G introduced mobile data 

• 4G LTE shepherded in mobile broadband.

What is 5G?

5G, simply put, is the 5th generation mobile network. It follows in the wake of 4G. 5G networks are forecasted to have more than 1.7 billion subscribers worldwide by 2025, according to the GSM Association.

The 5G network will enable access to a much greater bandwidth, thereby giving us the luxury of much higher downloading speeds.

As per Wikipedia, it is estimated to give us 10 gigabits per second. 5G will usher in higher Gbps peak-data speeds, higher availability of bandwidth, immense network capabilities and a better and enhanced internet user experience. The increased bandwidth will allow for the feasibility of new applications in IoT (Internet of Things) 

Difference in 4G and 5 G: 

• Upfront, the most concrete difference between 5G and 4G networks will be in the downloading speeds. 5G will provide unparalleled download speeds. The ratio in time between the downloading speeds between a 4 G: 5G would be 1: 100 times faster. 

• This speed would be enabled by “lower latency,” which could replace wi-fi with wireless internet. Latency corresponds to the difference in time between the measures the time between sending and receiving of data/information. For 4G the time is approximately 20-30 milliseconds, whilst for 5G it is “almost instantly,” i. e. 10 milliseconds or even less. 

• Due to the application of much higher radio frequencies, 5G can support many more devices in any given area, up to 1 million per KM2 *.(* true potential) 

• This augmented bandwidth will ultimately permit the functioning of a new network called the Internet of Things (IoT), thereby increasingly benefitting more consumers and businesses alike.


(Source: qualcom.net) 3rd party image

AS 5g is a more amalgamated and proficient interface, it is intended to support hi-level user experiences, create new deployment and service models. 

With much higher speeds and superior consistency, 5G will transport the mobile biome into newer realms. Its benefits for the industry will have tremendous impacts and will usher in many developments for mankind.  

Impact of 5G on Global Economy: 

As per a 5G economy study, will realize its full effect by 2035. The 5G value chain. Some of the mind-boggling figures are 

• $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 

Sectoral Uses of 5G: Unlimited Potentials: 

Generally speaking, 5G is used across three main types of associated services. 

• Higher mobile broadband, 

• Critical communications, 

• Great IoT. 

• A significant capability of 5G is that it is planned for forward uses too and has the capability to comply with future support services, which are unknown today.

• Applying 5G technology will enable manufacturing units to be linked by inter-connected devices, proficient at adapting to their operating environments and work together in ‘smart factories.

• The augmented consistency of 5G networks will, in time, empower manufacturing setups to operate much more seamlessly and increase production output through automation.

• In the space of mission-critical sectors, 5G can provide new and better linkages that can transform critical segments like infrastructure, defense, and remote health access.  

• 5G will uniformly connect a gigantic number of rooted sensors through reduced data charges and improved mobility, leading to exceptionally agile and economical connectivity solutions.

Many global economies like China, U.S., Japan, South Korea and the U.K. are getting 5G infrastructure ready.  The infrastructure is being built through small-cell sites that are being positioned on street poles to help build a denser network for enhancing 5G capabilities. 

These networks offer advanced data transfer, lower latency and greater capability. 


(Source: 2019 Accenture survey) 3rd party image

Future Ready Workforces: 

The advent of 5G will see a paradigm shift in the job market. While it is estimated to create 22 mn new jobs by 2035, as per a report by HIS market, it will also be the reason for many traditional jobs to be done away with. 

New skillsets will need to be developed to match the jobs that would be created in the future. HR functions will see a 360-degree change in their processes and outputs. The need for upskilling and reskilling will be more than ever to retain and hire employees.

A prime example is that of Amazon. Amazon has already started training its employees to gain new skill sets in areas such as robotics so that they can be future-ready. 

Conclusion:

The progress to 5G shows the tenacious nature of mankind to constantly innovate and continuously progress for the betterment of businesses and enhance the quality of life for people. 

An incredible number of new technologies and possibilities will open up. The prospects of what can be will be exciting to look out for. 


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