The key functional drivers of 5G will unlock a broad range of opportunities, including the optimization of service delivery, decision-making, and end-user experience. This will result in $13.2 trillion in global economic value by 2035, generating 22.3 million jobs in the 5G global value chain alone .
Read moreWho is the leader in the 5G industry?
Ericsson (ERIC) The company operates at the forefront of 5G hardware development, participating in field trials and research programs with mobile operators around the world, including Verizon, AT&T (T), China Mobile (CHL), and South Korea’s SK Telecom Company Ltd. (SKM), among many others.
Read moreWhat 5G means for industry?
Summary. The new 5G communication standard enables highly reliable, secure and high-speed data transmission with short response times, making manufacturing more flexible, mobile and productive. Therefore, 5G forms an essential prerequisite for the factory of the future.
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