5G in a nutshell is fifth-generation wireless technology mobile network that is new to the market. It is based upon the prior versions of wireless communication viz 1G, 2G, 3G, and 4G, and offers better data transfer rates, lesser delay and higher carrying capacity. Unlike 4G which faces bandwidth limit problems to implement the goals, 5G on the other side uses the higher bands and other technologies like beam-forming and massive MIMO.
This paper seeks to explore and highlights some of the most important benefits that businesses will derive from the technology.
Lightning-Fast Speeds: 5G networks are almost five times faster than the existing 4G networks as it can download data at a rate of up to 100M/second. This means that businesses can easily transfer big files, stream, High definition content and undertake data intensive tasks without much of wait time.
Ultra-Low Latency: 5G has minimized latency and in this regard, it ranges from as low as 1 millisecond. This is most beneficial in cases where rapid responses are needed as in distant operation of plant equipments, virtual environment, and gaming.
Increased Capacity: There is a possibility that through 5G, the connection of three hundred and sixty-five five times the number of connected devices within one square kilometer than 4G. This increased capability is required due to the increasing numbers and demand for Internet of Things (IoT) and connected sensors.
Enhanced Reliability: 5G network is said to be more reliable than other networks due to the coverage and interference in communicating architecture. This makes certain that very vital organizational processes run and are not affected by density in population.
New Business Opportunities: To further underline the tenets of 5G lay reference to more specific possibilities of its use: such as development of a full range of sophisticated applications in sectors like automobile and traffic, smart city concept, and Industry 4.0 revolution.