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HOW 5G TECHNOLOGY WILL TRANSFORM FIVE INDUSTRIES
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Acccording to Qualcomm by 2035, 5G will have created 22 million new jobs and contributed $13.2 trillion to global economy. The breakout of this new technology is set to power digital technology applications with higher network speeds and lower latency, creating a major impact on numerous industries. For example:
Healthcare
5G will help healthcare organizations quickly and reliably transport vast amounts of medical records and imagery, improving access to quality care. For organizations that are building telemedicine programs, 5G will be extremely important – as telemedicine requires real-time high quality video support. On the A.I. front, the large amount of active data processing required for machine learning needs a high-bandwidth and low latency network – which is exactly what 5G promises to provide.
Energy
5G mobile networks will help integrate previously unconnected devices to smart power grids for accurate monitoring and the precise forecasting of energy requirements. Smart grids, in turn, will help manage energy demands and cut down on energy costs.