Imagine a 20 times faster world with hyper-network-connectivity, minimal data latency, outstanding dimensions, durability, versatility, and intelligence-that would be a 5G network world.
With an expected market growth of CAGR 111% by 2025, Research and Markets say 5G market value will hit $277 billion over the same period.
That indicates the projected impact of 5G network across the market and the increased efficiency and productivity it offers. Also, new technologies such as IoT, AI, ML, and data science are supposed to gain excellent performance advantage through deploying 5G network.
Let us check how 5G transform the world of work,
Unlike the potential gain yielded from 3G and 4G networks, the supposed transformation that 5G can offer for business sectors are mind-boggling. Likely, this next-generation mobile network dramatically shifts the way systems work in different industrial and economic areas.
Smart Manufacturing Industry
5G network can turn factories not only smarter but also more intelligent. Embedding with IoT applications production units can be monitored and managed efficiently. Also, the robotic machine operations at different levels of production processes could bring together and control remotely. Thus a 5G network offers holistic smart industrial management.
Besides, opening the fastest channel to exchange data with almost zero latency, factories can leverage Augmented Reality (AR) for accurate monitoring and training purposes. Plus, it helps to troubleshoot breakdowns with minimal expenditure of cost and time. Thereby, it enhances the scalability of factories, along with higher productivity and efficiency. So, embedding these cutting-edge technologies with the 5G network turn them way smarter.
Digital Healthcare Practice
Industry 4.0 has enabled the healthcare industry to simplify complicated procedures via IoT, robotics, and AI. It made an advanced diagnosis and treatment methods more accessible and affordable to ordinary people. Hence, integrating 5G technology in healthcare will lead the industry to the next industrial benchmark.
However, healthcare providers have been looking forward to a more intelligent, highly secured, minimal latency carriers like 5G network to make healthcare more feasible. Thus, with 5G technology, healthcare providers can equip themselves to perform data-centric medical practice with accurate data. Also, it will help healthcare researchers to gather accurate data for better population health practice across geographies.
For example; the minimal latency and high-bandwidth of 5G network help to transfer the patient data bundles without delay, and it makes way for an accurate diagnosis. Also, it helps physicians to perform surgeries and treatments remotely with real-time visuals.
Furthermore, wireless wearables are the next-gen health-diagnosis system. Leveraging 5G technology can upscale the efficiency of these devices to collect accurate data and provide advance healthcare. It also enables patients to take treatments from their comfort cost-effectively.
Automate Transportation Management
Our world has been waiting to experience a trip on driverless-cabs. 5G network can propel up the possibility to bring autonomous vehicles a reality. However, for that, a quick response system is essential, which can exchange loads of signals and data in real-time.
A low latency network is an essential factor that can resolve this dilemma. The signals from the vehicles, objects, sensors, and traffic systems have to be exchanged in milliseconds. Hence by employing 5G network in our traffic and transportation management operations, we can bring this dream into reality.
Reportedly, with the introduction of 5G in logistics and transport management systems, we can soon meet autonomous delivery drones and have a ride on driver-less cabs.
In addition, such a fast network helps to manage logistics managers to manage the fleets and their supply chain system. With the immediate data availability of vehicles and its performance, 5G benefits transport systems to mitigate unnecessary downtimes, accident rates, and roadside mishappenings as well.
Predictive Agricultural Systems
Today, farmers are using the fantastic benefits of advanced technologies. The features of IoT, predictive analysis, virtual reality, and real-time monitoring systems are helping them to cultivate a productive environment. Hence, using the 5G network across their system accelerates the process to gain more profit.
Despite industrial agricultural practice, the deployment of 5G across urban and rural settings help all sort of corps and livestock farmers to yield potential benefits from practicing smart farming.
The 5G enabled technology systems to help the farmer to exercise fast and safe farming. Also, it helps to automate the irrigation systems and monitor the crops in real-time. As the changing climate poses awful threats to crops, the predictive data would help to take appropriate measures to escape massive loss in farming.
Enhanced Public Safety Systems
Connecting public safety measures with 5G network will help to handle emergency situations more efficiently. It helps to enhance the emergency response forces to take action immediately. The high-speed data transferring capability with 5G network enables the safety devices to inform the response forces instantaneously.
Simultaneously, it can activate public security cameras, location trackers, and safety alarms which can notify people to secure themselves.
To illustrate, if a fire broke out on a building, a quick automatic warning can be sent out to the fire stations. While an accident occurs in the city center or junction 5G network helps to capture real-time footage and inform the police control rooms at the earliest.
Amplified E-commerce Experience
The online shopping experience is going to excite the shopaholics with 5G network integration. Using augmented reality feature with the high-speed 5G network, users can feel the products. The real-like shopping experience is awaiting the arrival of 5G mobile network.
The massive traffic capacity of 5G network fills the gap that the existing network systems fail to mitigate. Once this game-changing network is available in the upmarket, customers can try their favorite apparel in the virtual dressing rooms. Also, we can walk around our beloved boutique from our home.
The real potential of AR and VR technologies are expected to burgeon with the 5G network integration across the consumers.
From all the accounts, the market is expected to witness a massive leap with the arrival of 5G network. It would be accountable for the new industrial makeover with its allied technology partners. In spite of changing the way our world works, it would repurpose every business model to make life smart and exciting.