The future of mobile communications is just around the corner. With 5G rollout already started, it’s predicted that over 1.4 billion devices will be running on the 5G network by 2025 – accounting for 15% of the global total.
But, why is this technology so important to people and companies? Mostly, due to 2 reasons:
So faster! Nowadays the average speed with 4G is around 25 Mbps and 5G promises an average 10X higher, between 200 and 400 Mbps. It is like having a fiber connection to your mobile phone.
Almost zero delays! Latency for 4G is around 20-30 milliseconds, but for 5G it will reach well below 10 milliseconds, and in best cases around 1-millisecond delays. The reaction time between the human eye and the brain is around ten milliseconds so, 5G delays will be better than human reaction.
This technology will produce a new era of mobile services and apps. Here some industries that will be driven thanks to 5G:
With 5G, businesses and developers are eager to take advantage of artificial intelligence (AI), machine learning and the internet of things (IoT). By the end of 2025 there will be 22 billion devices connected to the internet.
In the nearly future developers will create applications that make the most of improved reaction times, such as near real-time 4K video transmission for sporting events or security purposes. Also, video conferences and communications apps and services will able to add real-time Augmented Reality (AR), Virtual Reality (VR) and Mix Reality (Mr).
On the other hand, video streaming will be adding real-time personalization features according to the environment and customer profile. Watching a football match, you will able to see the tournament position according to real-time results and receive alerts related to other significant football matches all this on a single mobile app.
5G will be the foundation of telemedicine in countries where wired infrastructure is not well developed. This allows a new way of delivering cost-effective and direct-to-consumer healthcare as it is no longer limited to traditional face-to-face consultations in healthcare facilities. Telesurgery can also benefit from the low latency and high bandwidth of 5G also with the monitoring of patients. Chronic diseases and vital signs can be followed, by sending to the doctor or hospital alerts as soon as the edge device detects something wrong. Massive Internet of Medical Things (IoMT) market is predicted to grow from 8 to 33 million shipments in the period 2016-2021. IoMTs are clinical wearables consisting of medical monitoring devices that allow for tracking a patient’s status. These devices receive information from various sensors and send preprocessed data to healthcare providers who may adjust the medication doses or change behavioral therapy, IoT devices, such as smartwatches and smart wallets, will use 5G for faster and safer banking.
The future of financial services is mobile. As 5G enhancements create more reliable, responsive networks, it can help banks, fintech, credit cards, and other financial institutions ensure that this future is more productive, efficient, and protected.
The 5th network generation will enable real-time user experiences with trading applications, digital banking, and payment transactions. To bring us these services, new ecosystems will evolve with non-banking entities, leveraging open banking standards, and the use of third-party application programming interfaces (APIs).
On E-commerce high-quality video streaming and real-time information, feed will not only provide an immersive shopping experience with fast and personalized recommendations but also enable dynamic mix-and-match.
Smart cities, including public transport, cars, drones and grids, are going to benefit from 5G, as it reduces latency, enables massive IoT, and offers highly reliable connectivity. The main challenge is represented by the security risks associated with the adoption of these technologies. The automotive industry will be significantly impacted by 5G, as it opens up the potential for vehicles to be connected to roadside infrastructure, pedestrians, and other vehicles.
So, as you can see the 5th mobile network generation will unlock whole new applications and features that with 4G are not feasible. Are you ready for this technology jump? What features will your business add to provide a better and new immersive experience? How these features or new applications will add value to the business? Get in touch with us and accelerate your business!