5G Technology- A Boon For Businesses in 2020

Wednesday, September 09, 2020 TECHNOLOGY No Comments

The term ‘5G’ has been creating a buzz for almost half a decade now and since it has rolled out, it definitely, like its predecessors, has created a revolution of a kind. The advent of 5G is one of the most enigmatic new upcoming technologies that could impact businesses in 2020. Many industry experts have termed 5G as the future of communication and to a great extent, it is true.

“5G wireless networks will support 1,000-fold gains in capacity, connections for at least 100 billion devices and a 10 GB/s individual user experience of extremely low latency and response times, as stated by Huawei. “Deployment of these networks will emerge between 2020 and 2030.”  

The most striking feat of 5G will be its speed which is expected to clock at 20 GB/s. Now, how fast are we discussing? Let us take an example. Suppose you download the contents of an (approx) 5 GB DVD at an average of 50 MB/s. It will take roughly about 13 minutes. Now the same will take barely 2 seconds to download on 5G at top speed. 

The heterogeneous network distribution. Source: Qorvo

Some noteworthy goals of the 5G technology include

• Amplified broadband for mobile communication
• Object-specific transformation with increased connectivity 
• Unlimited scope for IoT enhancement
• Increased flexibility and support

However, to take this speed to everyday mobile users, mobile network carriers will need to increase bandwidth and reduce network costs. Moreover, LTE adoption isn’t waning and is estimated to reach $672 billion by the end of 2020. 

The onset of 5G opens up a massive playground where subsequent technologies will find their vantages. Trends like self-driven cars, VR/MR/MR, empowered smart cities, etc. strengthen the foundation for ‘what’s next in technology’.