Is 5G the New Land of Opportunity?
What’s Real and What’s Hype?
Ever wonder why there’s so much news out there about 5G? It has been touted as the next big thing. Is this a sign that there may be a huge market opportunity for 5G or just hype?
What is 5G?
Before we can fully comprehend the opportunities for 5G, we need to understand what it is, the benefits and limitations. There have been so many articles written about “what is 5G”. The one I like best is the article written by Ashley Viens for Visual Capitalist. It provides a simplistic view of what is 5G one can easily understand. Please see below for the link to the article.
What I love most are the infographics she used in the article. It tells you almost everything you need to know on 5G at a high level. Please see chart below. First, it is really about speed. It takes 1.6 seconds to transfer 500 MB of data with 5G versus 20 seconds on 4G. And it can handle much larger network data traffic volume. The biggest drawback is it requires many 5G nodes. In other words, it is going to cost a lot more money to build out the 5G network. Read More...
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