Leading The Wayĭeveloping 5G networks and implementing them into the many industries of the global economy is a massive undertaking, and just seven countries are expected to account for 79% of all 5G-related investment.īy 2035, here’s how these countries are expected to rank. In fact, such technologies are already being used on factory floors. This exciting development has the potential to greatly increase a human worker’s productivity, as well as allow them to work in closer harmony with robots. With the lower latencies (shorter delay) boasted by 5G networks, virtual and augmented reality devices can become reliable enough for use in high precision work. Some processes may also be too intricate to be effectively automated, thus requiring a human’s touch. While today’s factories may be lined with machines, humans are still required to be onsite for troubleshooting when issues arise. Robots won’t be the only ones to benefit, however. Such factories would leverage the faster speed and reliability of 5G networks to eliminate cabled connections, improve automated processes, and most importantly, gather more data.Ĭombined with machine learning algorithms, this data can help companies predict when expensive equipment is about to fail, reducing the likelihood of expensive downtime. Let’s focus on manufacturing, an industry which is expected to see a massive $4.6 trillion in 5G-enabled sales.Įfficiency is the name of the game here, and researchers predict that this technology will allow for the world’s first “smart factories”. To make this easier to digest, here are the five industries which stand to benefit the most.
5G-Empowered IndustriesĥG networks are expected to generate $13.2 trillion in global sales activity by 2035. In light of this, today’s infographic from Raconteur visualizes the forecasted impact of 5G to help us identify the countries and industries that will most effectively leverage its power. Beyond the improvements to our existing ecosystem of devices-more speed and better stability-researchers believe that 5G can serve as the underpinning for fully-connected industries and cities.Ĭhange doesn’t happen overnight, and for us to experience 5G’s true potential, we’ll need to be patient. Whereas 4G brought us the network speeds necessary for online apps and mobile-streaming, 5G represents a monumental leap forward. View the high resolution version of this infographic.
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