5G, the technology that will revolutionize the economy

5G is expected to be launched by the end of 2019 and promises to multiply the performance of the networks by 1,000. This technology will also allow rise of...

5G is expected to be launched by the end of 2019 and promises to multiply the performance of the networks by 1,000. This technology will also allow rise of the Internet of Things. It is not expected to become reality and usable by the general public until the end of 2019, but the 5G is already on everyone’s lips and in all the heads of players in the telecom sector. Nobody wants to be caught short and for over three years, everyone is multiplying investments and partnerships to be sure not to miss the good wagon of “ultra” mobile broadband.

At the end of April, Microwave announced that it is expected to capitalize on the 5G. “The 5G is an opportunity for us to double our activity in the years to come,” said Philippe Garreau, CEO of the group.

The telecom giants are also busy. At the beginning of May, the third mobile operator in the United States, T-Mobile US, announced that it wished to start the deployment of a fifth generation network in the US market by 2019 and set itself the target of 5G national coverage 2020. To do this, the group intends to use the frequencies acquired during auctions organized in April by the federal government for an amount that could reach eight billion dollars.

Three weeks earlier, telecoms operator AT&T broke its piggy bank and spent $1.6 billion to buy a US company, whose only interest is to have the frequencies that will be used for 5G.

At the end of February, 5G was one of the main themes addressed at the Mobile World Congress (MWC) in Barcelona. The new CEO of Ericsson assured, from the first day of the show: “We believe that the market of 5G will represent 1.230 billion dollars in ten years. The Swede has a card to play with this technology and multiplies the partnerships with the sectors affected by this revolution.

At the end of 2013, a public-private partnership (5G PPP ) was set up between the European Union, which had contributed 700 million euros, and companies such as Ericsson and Orange. The first full-scale tests of this technology are planned for the 2018 Olympic Games in South Korea.

5G promises to multiply by 1,000 the performance of networks and will also allow the development of the Internet of objects. Within five years, the volume of data transmitted over the networks is expected to be 10,000 times larger, with latency (response time) of less than 1 millisecond, compared with 50 milliseconds today.

The new generation networks will allow to increase the rates: with the 5G, the scale becomes the multi-gigabit per second, against hundreds of megabits for the 4G. The latency will also be reduced (less than one millisecond), for better reactivity.

The 5G will also allow the use of higher frequencies (above 1 GHz) than those currently used. These technical advances are already relevant to the automotive sector, for future connected cars, but also medicine, robotics and, of course, the Internet of things.

The UK firm IHS Markit figures $ 12.3 trillion in the contribution of 5G to the global economy in 2035. It will irrigate all sectors, from finance to manufacturing and the construction. The study also expects the creation of 22 million new jobs.

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