After the long-awaited arrival, 5G is set to move from concept to reality in 2020. The rollout will bring next-generation connectivity to help businesses thrive in the data-driven era. The changes that companies and users can expect include faster data connections to minimize the lag time for cloud applications, the spread of edge computing, machine-to-machine communication upgrades, and more.
It will have an incredibly broad scope,
- Support billions of connected devices and services across a wide range of industry sectors.
- It will enable the development and deployment of developing innovations such as IoT (Internet of Things) technology, Artificial Intelligence (AI), and immersive technologies such as Virtual Reality (VR) and Augmented Reality (AR).
- It will provide the backbone for the smart cities and autonomous vehicles of the future.
Data and storage predictions for the year 2025
5G connections are forecast to reach 1.2 billion by 2025, accounting for 14 percent of the total connections at that time, according to a report from mobile technology trade association GSMA*.
- It is estimated that data will reach 175 zettabytes worldwide by 2025, up from 1.2 zettabytes in 2010, when 4G was first being deployed globally.
- By 2025, 49 percent of data will be stored in public cloud environments.
- 90ZB of data will be created on IoT devices by 2025.
- Nearly 30 percent of the data generated will be consumed in real-time by 2025.
- IDC predicts the average person will have nearly 5,000 digital interactions per day by 2025, up from the 700 to 800 or so that people average today.
While telecoms firms arguably face their biggest challenge in the form of smooth implementation of 5G, the task for the wider business world is to ensure that they are prepared to take advantage of the new technology. For 5G to become a reality, businesses need to replace fixed-function equipment with virtualized software-defined networks. Switching to the cloud will be vital as 5G relies so heavily on virtualization.
Though the impact of 5G will be immense, it will be gradual. Though roll-out will begin in 2020, it will take some years before the next-gen networks are commonplace.
“From connected cars and immersive media experiences to drones, AI-enhanced agriculture, and smart cities, we are only beginning to scratch the surface of what we can accomplish with 5G,” said Keddy in a news report. “The opportunities for technologists to evolve, develop new lines of business and revenue, and for new market entrants to innovate, launching new products and services, are nearly limitless.
5G is set to change the way we live and work, providing both meaningful opportunities and difficulties for businesses. While the 5G roll-out won’t happen overnight, 2020 will undoubtedly be the beginning of a new technological era.
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