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What is 5G?
2023-02-15       Hits:2155

5G is the fifth generation of cellular technology. It's a leap forward in technology, everything is new, new spectrum frequencies, new radios and new core networks. While 4G's speed and capacity accelerated the app economy and mobile video, 5G is a platform for new innovations.

APO research shows that companies investing in advanced network capabilities such as 5G will see their revenue grow 2.5 times faster over the next three years. 5G can provide rich two-way communication, potentially supporting a million devices per square kilometer, and provide ultra-reliable millisecond response.

These capabilities enabled by 5G drive a variety of use cases, paving the way for economies to realize the cross-sector benefits of expanded connectivity. These innovations impacted trillions of dollars. 5G is shaping key industry use cases and delivering major outcomes for companies and individuals.

5G Industry Transformation

Manufacturing: 5G-enabled factories experience about 20-30% overall productivity gains including up to 50% in assembly time, up to 20% in asset life and up-to 90% in defect detection.

Retail: 5G creates in-store rich video streaming experiences, up to 50% increase in sales growth combined with human-focused processes and XR visualizations.

Healthcare: 5G allows for more remote post-acute care, home models, savings of over 30% and drives better patient outcomes.

Automotive: Connected vehicle technology has the potential to reduce the severity of non-damage accidents by up to 80%, potentially saving $3.6 billion in collision costs and potentially reducing traffic by 25%.

Utilities: Using smart sensors and drones to monitor power transmission lines reduces wildfire risk, potentially saving billions of dollars.

5G will enable unprecedented industries, and there are some real acceleration opportunities to speed up the deployment process and maximize benefits.