5G represents increased economic opportunity through improved access to social services, such as health care, education, transportation, energy, employment, and even public safety for communities of color —and, frankly, any other vulnerable group—that lacks access to a reliable broadband connection.
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What’s the Scale of the Opportunity for 5G Enterprise Solutions? Global enterprise opportunity enabled by 5G is expected to exceed $700 billion . North America is a primary driver for enterprise opportunity which could exceed $180 billion by 2030.
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With 5G tech businesses will be able to create multiple virtual networks with just one physical system . This network slicing can help companies provide an end-to-end virtual system encompassing not only networking but computing and storage functions as well.
Read moreHow can 5G benefit consumers and businesses?
Improvements offered by 5G will give businesses access to lightning-fast data transfer speeds and improved network reliability . Faster Connection Speeds – The most widely known benefit of 5G is its connection speed, which is significantly faster than what the 4G network currently offers.15 Eyl 2020
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