Internet is one of the basic needs of a person living in todays world. It is one of the important factors of todays life's. There are rumors that internet will be included into the basic rights of a child born in any family.
What is 5G???
5G is the 5th generation mobile network. It is a new global wireless standard after 1G, 2G, 3G, and 4G networks. 5G enables a new type of network designed to connect virtually everyone and everything together, including machines, objects and devices.
5G wireless technology aims to deliver higher multi-Gbps peak data speeds, ultra-low latency, greater reliability, larger network capacity, increased availability, and a more uniform user experience to more users. Higher efficiency and better performance empower new user experiences and connect new industries.
Effects of 5G on Global economy
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A: 5G is driving global growth.
• $13.1 trillion in global economic output
• 22.8 million new jobs were created
• $265B annual global 5G CAPEX and R&D over the next 15 years
Through a landmark 5G economy study, we found that the full economic impact of 5G will likely be felt worldwide by 2035—supporting a wide range of industries and potentially $13.1 trillion worth of goods and services. will enable services.
This effect is much greater than previous network generations. New 5G network development requirements are also expanding beyond traditional mobile networking players to industries such as the automotive industry.
The study also revealed that the 5G value chain (including OEMs, operators, content creators, app developers, and consumers) could support 22.8 million jobs alone, or more than one job for every person in Beijing, China. . And there are many emerging and new applications that will be defined in the future. Only time will tell what the full "5G impact" is going to be on the economy
wide Usage of 5G
Broadly, 5G is used in three main types of connected services, including enhanced mobile broadband, mission-critical communications, and large-scale IoT. A defining capability of 5G is that it is designed for forward compatibility — the ability to flexibly support future services that are unknown today.
Better mobile broadband
In addition to improving our smartphones, 5G mobile technology could enable new immersive experiences such as VR and AR with faster, more uniform data rates, lower latency, and lower cost-per-bit.
Mission Critical Communication
5G could enable new services that could transform industries with highly reliable, available, low-latency links such as critical infrastructure, remote control of vehicles and medical procedures.
IoT at scale
5G aims to seamlessly connect a large number of sensors embedded in virtually everything through the ability to reduce data rates, power and mobility.