What is 5G?
5G is the 5th generation mobile networking standard also referred to as 5G NR or 5G New Radio standard. 5G is a new kind of network primed to replace 4G LTE standards with a promise to higher data speeds, ultra-low latency, reliable and scalable network capacities. 5G can in short connect massive amounts of machines, devices while providing a superior and truly connected user experience.
5G is designed using Orthogonal Frequency Division Multiplexing (OFDM) technology and has become pretty much the standard modulation format for 5G. Orthogonal Frequency Division Multiplexing (OFDM)provides excellent spectrum efficiency and can be processed to take higher capacity.
The speed and the capability put together make 5G such a landmark milestone in the field of telecommunications, while 5G uses the same OFDM, it is the sheer scale and the field of opportunity that can be untapped is that differentiates 5G. 5G, therefore, is much more than a mere upgrade of 4G, it is bringing modularity and flexibility to the overall industry. The additional capability of 5G over 4G comes from the communication standard that can handle greater bandwidths and additional lower and higher frequencies over 4G.
What is the big deal about 5G
4G brought opened up the world to getting everyday tasks like getting a cab, food delivery, fresh from the farm to table done through the touch of a button which was cumbersome with the slower 3G bandwidth. 5G on the other hand is taking over all the capabilities of 4G and multiplying it over 10 times. 5G will make IoT and smart cities a reality, will bring revolutionary changes in the field of education, health care, and human rights. Faster data and reliable networks will change the way modern businesses operate and older business models which refrain from change will become obsolete.
The Promise of 5G
Technology advancement depends largely on the capability of the communication channel and until 5G many of the talked about technology like Augmented and Virtual reality, IoT, Smart cities were prototype on paper because the application of these technologies required a much more robust and scalable communication infrastructure. With 5G, these concepts finally look like a near possibility by meeting the demands of speed, cost reduction, system capabilities. Some of the benefits of 5G:
- Connectivity for everyone: 5G will deliver high-speed data over the wireless which opens up the scope of 5G in reaching remote places which were impossible to reach with a wired connection. This will bring a positive change in farming, animal husbandry, and agriculture.
- Better coverage across multiple devices: Leveraging on the power of small cells, 5G signals can be amplified and modulated to increase capacity and coverage. This means better network connectivity in densely populated places as well
- Tele-health will usher into a new world: Healthcare industry will undergo dramatic changes with the 5G introduction. Be it precision robotic surgeries in remote inaccessible areas, connected ambulances, or wearable medical devices to gather vital medical history for analysis. 5G will make health care affordable and accessible in areas that previously lacked a proper healthcare facility
- Move from 2D to 3D, Augmented and Virtual reality: People have heard enough of Augmented and Virtual reality but the real-life application of it never materialized, not until 5G. With 5G these technologies will finally see a wider application especially in retail where using AR one can view how a piece of apparel or furniture will look exactly on a person or a room. We will also see a lot more 3D content and with the capability of 5G, entertainment and sports will see richer and more interactive content for their consumers.
What is the 5G effect?
Overhaul of existing communication channels: 5G will bring a huge change in the field of telecommunications, service providers and solution partners will have to work closely for building customized solutions. The industry will undergo monumental changes in the overall operations, new solutions, and way of thinking will be required to completely leverage the power and opportunities with 5G.
New business models will evolve: Businesses and consumers will have access to superfast data speeds that can elevate the overall user experience. Traditional businesses will need to move fast to keep pace with the consumer expectations that will arise with 5G.
Global economic impact: The economy at large will have an incredible impact. Increased skilled and unskilled jobs to make 5G available across the United States. According to recent reports the total economic value from 5G is around $13.2 trillion and will employ around 22.3 million people by 2035.
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