The 5G is called to be mobile technology to join us over the next decade. It will be present on our phones for years to come, with major improvements in speed, stability, and coverage. However, at the moment, it is not a possibility for many, since availability is not the best, as well as there are not a large number of devices available. However, it is to expect that this year there will be a significant leap.
Big Investment in 5G Infrastructure
For this network to be available, for it to be a reality that users can use in their day-to-day life, it is necessary to have extensive infrastructures. This means that there must be a large financial investment to achieve the objectives. In this sense, this year, 5G is expected to represent 21% of all investments in wireless networks.
We are talking about a more than significant amount that will boost the presence of these mobile networks globally. It will mean that there are more coverage and availability in the different territories and that, ultimately, it reaches more private users.
Expanding the market, having a more present technology, and having the necessary infrastructures is the objective.
The Pandemic does not Slow the Advance of 5G
As we know, we are immersed in a pandemic in which many investments have been slow down. There has been a reduce in spending on virtually everything globally. However, technology has shown that teleworking is vital, for example.
Despite the Covid-19 pandemic, despite all the problems we are experiencing worldwide, the progress of 5G is not going to be interrupted. At least so indicate the experts, who believe, as we see, that there will be a large economic investment in the coming months.
Keep in mind that there is a greater demand for mobile connectivity. We require more and more speed, stability, and connection quality. We have more devices that use the networks, more services, and platforms that are part of our day to day. But for all the projects to go ahead, so that the users can see that demand satisfied. A strong investment in infrastructure is require to facilitate access to 5G networks.
Gartner has predicted that 21% of all investment in wireless infrastructure will go to 5G. This represents a considerable increase compare to the previous year since, in 2019, the figure was 10.4% lower.
Looking to the Near Future
Looking to the near future, from Gartner, they expect that in just three years, by 2023, 15% of all providers will operate on independent 5G networks without using the existing 4G infrastructures. Coverage is expected to reach 95% of the territory in the most prosperous areas of Asia and the US.
It is expected that before that date, already in 2022, 5G will exceed 4G in terms of investments. This will be so as more and more operators will leave aside the previous network to focus exclusively on the new one.
We can, therefore, say that investments in infrastructure in 5G are going to be very present in the coming months and years. The providers are going to put all their efforts into trying to offer users the possibility of using this service. Which will undoubtedly be in high demand.
More Devices, More Needs
After all, users have a series of needs that are covered by the available offer. The more devices, the more technology we use, the more needs may arise.
This means that over time users will have more technology in their day to day. More devices will require using this type of network in order to function. Hence, the necessary infrastructures must be present in order to connect with normality.
This is where the Internet of Things mainly comes into play. This type of device is increasingly present in our day to day, but in the coming years, we are going to experience an explosion in terms of demand. We will have more and more computers connected to the network. We are talking, for example, of household appliances with Internet access, mobile devices of all kinds, televisions, lights.
Therefore we can say that 5G is increasingly preparing to be the mobile technology that will accompany us in the coming years. It will present a wide range of possibilities, with significant improvements in connection speed, quality, and stability. At the moment, yes, it will be necessary to wait a while until that infrastructure is really extended. Also you can find more helpful resources at thebusinessguardians.
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