Technology has advanced at a rapid pace over the past decade, vastly improving our ability to connect, as well as opening a world of opportunities for businesses and individuals alike.
2019 looks to be yet another pivotal year in technological development, as we eagerly await the launch of 5G, which is expected to be launched later this year. Our blog below explores the definition of 5G and how it will impact businesses.
What is 5G?
Short for ‘fifth generation mobile networks’, 5G will be the next step in connectivity for mobile data users. It promises to provide significantly faster data download and upload speeds, with the ability to provide connectivity to a much wider spectrum of users, and vastly reduced issues, that have been fairly common with current mobile networks.
To put into perspective just how much faster 5G will be than its predecessor 4G, according to data the fastest 4G networks can currently provide 45Mbps, but experts believe that 5G could achieve speeds 10 to 20 times faster.
Some have questioned the necessity of 5G due to the fact that 4G already offers fast speeds, however, as our reliance on data grows year on year, the capacity of these networks will begin to struggle, which will ultimately lead to breakdowns in service. 5G has developed to withstand high volumes of simultaneous users across a variety of devices and software, including virtual reality, driverless cars, smart devices and much more.
How will 5G impact businesses?
For technology businesses worldwide who have already invested billions into the development of 4G networks, turning their attention to developing 5G networks could prove costly. However, experts estimate that the implementation of 5G could ultimately allow for the production of £8.5 trillion worth of goods and services by 2035.
Whilst it may seem that 5G looks set to bring huge benefits to businesses across all industries by greatly improving their connectivity, particularly those based in rural areas, as well as the opportunities that technologies could present, there is some speculation that 5G could also leave networks vulnerable to increased cyber-attacks. With a much wider range of devices powered by 5G, it ultimately leaves many more things open to attack across vital industries, such as healthcare, and this is something technology experts must address moving forward.
How would 5G benefit your business? We’d love to hear your thoughts on this new technology, as well as your business’ current connectivity challenges. Contact our team today to discuss on 01978 858 300.