5G wireless technology is meant to deliver higher multi-Gbps peak data speeds, ultra low latency, more reliability, massive network capacity, increased availability, and a more uniform user experience to more users . Higher performance and improved efficiency empower new user experiences and connects new industries.
Read moreHow will 5G impact consumers?
Heightened consumer expectations With that in mind, 5G has the potential to rewrite consumer expectations. Reliability and speed may be less of a problem. Lower cost per bit will help make unlimited mobile data less expensive. Seamless mobile transactions will be a default.
Read moreWhat does 5G mean to consumers?
What does 5G mean for consumers? 5G for consumers means not just faster mobile internet, but mainly internet connectivity in many more objects than what you see today . The car and the house are two examples of the big IoT revolution coming ahead, supported by 5G networks.
Read moreWhat is the global implications of 5G to consumers?
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 moreWhat 5G means for productivity and growth?
Faster transfer of data, lower latency, reduced congestion and increased connectivity are just some of the improvements 5G will bring. According to GSMA, in 2018, mobile technologies and services generated US$3.9 trillion of economic value which equates to around 4.6 per cent of GDP.
Read moreCan 5G technology help Australian businesses and services to increase efficiency and productivity?
Three-fourths also acknowledge 5G’s potential to boost productivity for their business . Closely related to productivity gains is the ability to increase business efficiency through more detailed monitoring of operations and assets.
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