Companies began deploying 5G networks around the world in late 2019 and early 2020, delivering internet access to almost 4 billion people. Some anticipate that we will have global connection in 10 to 15 years, with roughly 8 billion users linked to the network. On top of that, there will be billions of connected devices constantly sharing data at speeds ranging from 10Gbps to 100Gbps with very little latency. Companies such as Space X are working on technologies that will enable worldwide communication.
StarLink – Space X – is one of these initiatives, and its goal is to build a massive network of satellites that will bring 5G to every corner of the globe. SpaceX launched the first set of 60 StarLink satellites into orbit on May 23rd, 2019. The 12 top 5G companies leading the research are Samsung, Huawei, Nokia, LG, Ericsson, Qualcomm, ZTE, Orange, Verizon, AT&T, NEC Corporation, and Cisco. Consumers will need to upgrade to smartphones and other gadgets that can connect to 5G networks along the way. The 5G upgrade cycle has begun, and investors should keep an eye on it.
Global connectivity will hasten the development of new technologies and the integration of billions of people onto the internet, bringing up a world of new commercial opportunities for everyone, no matter where they are on the planet. Mobility, medical, and entertainment are just a few of the areas that will be affected by 5G. All modern advancements, such as self-driving cars or augmented reality, rely on connectivity that is both fast and reliable (latency). Low latency will enable real-time interactivity to self-driving cars, making their crash avoidance systems extremely dependable.
Through wearable technologies, 5G will enable remote surgery and better patient monitoring in medicine. Additionally, activities that require split-second responses, such as multiplayer gaming, will greatly benefit from the increased connectivity. It’ll only be a matter of time before people begin to expect faultless real-time interactions across all mediums. Businesses will need to invest in the adoption of the new ecosystem 5G is about to establish since this form of connectivity will show the service’s reliability and develop trust among users.
Quantum computing will supercharge our computational capacity, while 5G will provide us with fast, global connectivity and very low latency.
This boost in processing capability has the potential to help AI learn, see, and comprehend better. It could lead to advancements in chemistry (resource reutilization, fertilizers, battery improvements, etc. ), biochemistry (new medications), materials (finding new materials with advanced capabilities), or healthcare (DNA gene sequencing, cancer diagnosis improvements, etc.). Quantum computing could also enable faster and more complicated simulations in trading, pricing methods, and risk assessment in the financial sector.
Although companies like as Google, IBM, and Intel are making significant progress in the field of quantum computing, the technology is still very experimental and expensive, and it cannot yet surpass traditional computing in many jobs. Due of its qualities, this technology will most likely be utilized in conjunction with traditional computers via cloud services, allowing businesses and researchers to conduct calculations that would be impossible or take decades with current technologies.