5G Marks the fifth technological revolution set to shake up the world of the internet. This Latest wave will multiply the speed and capacity of the network up to previously unimaginable levels that will enhance the development of not only a digital society, but also all the technologies that comprise it, such as artificial intelligence and big data. Although 5G may appear to be a simple evolution of 4G, as the CIO of Mobile World Capital Barcelona Edmuard Martin explains, that is really not the case. This technology is far more complex than it seems and to understand it better, Here are Some 5 Interesting Facts that you should know:
1- Multi-million Dollar Industry
While it is no secret, we should remember that, when we discuss mobile technology, we are talking about one of the industries with the fastest economic growth in the world, In short, 5G is set to generate around 113 Billion euros a year and it is expected to create over 2.3 Million new jobs around the world. The Development in infrastructure and technology, as well as all the new fields facilitated by the implementation of 5G, paves the way for a new multi-million dollar industry that will lead the future.
2- Smart Network
The 5G network differs from its predecessors in its capacity to adapt to the needs and configurations that prevail and given time. It is not a static network, but rather dynamic and smart, combining computing and telecommunications. It has the power to take the lead in tackling the great challenges of the modern world.
Offering a broader channel for traffic, made up of large and small antennas, the 5G network will enable the development of macro data, but will also take advantage of it to optimize and improve itself constantly.
3- European Action Plan
The implementation of the 5G network is not as easy as it may seem. With this in Mind, The European action plan has been developed. Since 2016, this plan has been the roadmap used for the development of this technology across the continent. Agreed by the majority of European Countries, the plan includes measures ranging from preliminary trials and studies into frequency bands right through to the development and the confirmation of the viability of the standards for using 5G. Everywhere is Europe should have a 5G connection by 2025.
4- Business Revolution
As Eduard Martin emphasized, technology is influencing business as well as the configuration of companies. Therefore the 5G network is expected to have a big impact on digital services and how these services are configured and provided. Moreover as mentioned earlier the 5G network will facilitate the use and evolution of technologies such as big data, artificial intelligence , robotics and the internet of things a great deal. As a result we will see exponential growth in these fields.
5- The 5G network around the World
The 5G network has not progressed at an even rate throughout the world. Some countries are leading the race while others are lagging behind. As expected, the leaders include china and the United States. However The Country that currently has the best 5G connection is South Korea. Spain and Europe are some way behind the big technological powers, but great progress has been made in recent years.
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