Impact of 5G on the Digital Ecosystem: Myths, Challenges and Opportunities

Over the years, technology has progressively evolved and become an integral part of our lives. One of these technologies that revolutionized the business and technological world was the evolution of wireless telecommunications.

In the mid-80s the world had 1G. By 2001 we were already experimenting with the potential of 3G, which enabled video conferencing and video streaming. Just a few years later (2007), 4G networks developed and changed the rules of the game once again. This ever-evolving trend led to further development of 5G in early 2018, meaning not only higher video download speeds, but also massive improvements across industries, such as healthcare and automotive, just to name a few.

Where are we now with this technology? Let’s look at some trends, opportunities and also concerns that 5G technologies brings. 

Moving from 4G to 5G

Let’s take a look at how 4G influenced the world and how 5G is poised to take over from its predecessor. 4G was characterized by several features, including latency, speed, and bandwidth improvements. On top of this, while 4G struggled during peak hours, 5G promises to allow a greater number of devices to connect seamlessly. For example, a 4G network supports around 4000 devices per square kilometer, while a 5G network supports up to one million devices per square kilometer. 

And the reduced latency and higher speed of 5G technology is just the tip of the iceberg. New technology will enable enhanced connectivity to drive some of the most important communication advances of modern times. To put it in perspective, this means that all the devices in your home can be powered solely by your 5G network.

So why is 5G better? 

There are several key features of 5G technology that make 4G obsolete. As we have already mentioned, speed, latency and broadband are among the main advantages. In addition to this, they offer more integration possibilities. Integration with autonomous vehicles, medical devices and even infrastructures. Higher speeds and lower latency also mean real-time database updates and anything that requires a decision-making process in an instant. This, in turn, means that, over time, you’ll better understand overall business costs and optimize those expenses

5G will set the new standard for internet speeds and affect all industries as we know them. This is mainly because it is associated with the new industrial revolution, namely the “Internet of Things”. In the healthcare industry, 5G will drive telemedicine, meaning even surgeries can be performed from thousands of miles away via virtual reality. In addition to this remote vital sign, monitoring will take place when 5G unleashes its full capabilities around the world.

Another industry that will benefit from 5G is automotive. 5G will not only allow cars to communicate with each other, but also with every device that is nearby, thus decreasing the chances of an accident occurring, or to re-check traffic patterns and offer alternative routes in real time based on other road users. No faults.

And the reduced latency and higher speed of 5G technology is just the tip of the iceberg. New technology will enable enhanced connectivity to drive some of the most important communication advances of modern times. To put it in perspective, this means that all the devices in your home can be powered solely by your 5G network.

Conclusion

While more and more countries are poised to become friends of 5G, all ecosystem stakeholders must adapt to the current changes in the telecom sector. Whether it’s cost, performance, or area covered, everyone must come together as one to make this technology widely available, at a fair and decent price. 

At JSC Ingenium, provider of services and solutions for MNOs and MVNOs we are committed to a solution to these challenges that are hyper elastic networks that allows new tailor-made services, adapting to any scenario.