Published on May 6th, 2019 | by Emergent Enterprise0
5G Is Here. What Does That Mean for Exponential Tech?
Technologies like the Internet of Things are going to need a lot of bandwidth to operate successfully. Marc Prosser reports at SingularityHub that 5G could be the answer. Faster speeds, more capacity for number of devices/users, and millisecond latency will be capabilities of 5G. The innovation to take advantage of these improvements will be exciting to see and experience.
5G, hailed as the future of connectivity, is now a reality. Over the last months, the first 5G networks have been rolled out in South Korea and the US. While initial impressions are mixed, the new networks hold the key to advancing the spread of a slew of exponential technologies and catalyzing fundamental changes to a long list of industries and services.
The 5G Rollout Race
In early April, Verizon and three South Korean carriers traded the marketing equivalent of barbs over who had switched on their 5G service first and launched the “world’s first commercial 5G mobile service.” Residents in Chicago, Minneapolis, and Seoul, home to the new networks, can now use the first commercially-produced 5G smartphones—the Motorola Z3 with 5G Moto Mod and the Galaxy S10 5G—to enjoy the advantages of 5G.
They won’t be alone for long. Verizon has plans to launch 5G mobile services in more than 30 American cities before the end of 2019, and many other countries are likely to begin rolling out 5G networks in 2019 and 2020. In Japan the government recently approved plans by four mobile network operators to invest $14.4 billion in rolling out 5G networks over the next five years. China is also close to launching 5G networks. The country has, by some, been identified as most likely to establish a leading position for 5G technology.
Phone makers are also busy lining up products that can take advantage of 5G. LG, OnePlus, Huawei, ZTE, and Xiaomi, to mention but a few, will offer 5G smartphones in 2019 or 2020.
Engage the Warp Drive
While smartphones might be one of the initial drivers of 5G adoption, they are far from the only technology that will benefit.
One of 5G’s main advantages is speed. Comparing it to 4G is a bit like comparing Usain Bolt to, well, someone like me. Data transfer speeds up to 100 times faster than 4G (up to 20 gigabits per second) along with latency of under a millisecond, at least in ideal conditions, are among the unique selling points.