14:17 17 June 2017
According to Ericsson’s annual Mobility Report, fifth-generation mobile networks (5G) will be able to transmit data about 10 times faster than 4G LTE. Although it will take time to roll out the technology due to the required infrastructure, it is already being embraced by hardware makers and telecoms. 3GPP, an association of telecoms, have approved faster initial 5G standardisation on March which means that adoption will come in the next few years. Ericsson predicts that the technology will reach 15per cent of the world’s population by 2022.
It is expected that 5G will be first deployed in major metropolitan areas and will be used to revolutionise IoT as well as provide smart city solutions like connected traffic and street lights. Eventually, 5G is expected to connect everything from smart home devices to robotics and self-driving cars. This is crucial as businesses are set to spend almost $5 trillion on IoT in the next fiver years, which would result in the massive increase of data from connected devices that will start an analytical revolution.
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