5G interesting 5 facts which you don't know

What is the story behind the disruptive technology 5G? 

5G marks the fifth technological revolution set to shake up the world of the Internet. This latest wave will multiply the speed and capacity of the network up to previously unimaginable levels that will enhance the development of not only a digital society, but also all the technologies that comprise it, such as artificial intelligence and big data. Although 5G may appear to be a simple evolution of 4G, as the CIO of Mobile World Capital Barcelona Eduard Martín explains, that is really not the case. This technology is far more complex than it seems and, to understand it better, here are 5 interesting facts that you should know:

1.  Multimillion dollar industry

While it is no secret, we should remember that, when we discuss mobile technology, we are talking about one of the industries with the fastest economic growth in the world. In short, 5G is set to generate around 113 billion euros a year and it is expected to create over 2.3 million new jobs around the world. The development in infrastructure and technology, as well as all the new fields facilitated by the implementation of 5G, paves the way for a new multimillion dollar industry that will lead the future.

2. Smart network:

The 5G network differs from its predecessors in its capacity to adapt to the needs and configurations that prevail any given time. It is not a static network, but rather dynamic and smart, combining computing and telecommunications. It has the power to take the lead in tackling the great challenges of the modern world. Offering a broader channel for traffic, made up of large and small antennas, the 5G network will enable the development of macrodata, but will also take advantage of it to optimize and improve itself constantly.

3. European Action Plan

The implementation of the 5G network is not as easy as it may seem. With this in mind, the European Action Plan has been developed. Since 2016, this plan has been the roadmap used for the development of this technology across the continent. Agreed by the majority of European countries, the plan includes measures ranging from preliminary trials and studies into frequency bands right through to the development of joint scenarios of optic fibre deployment and the confirmation of the viability of the standards for using 5G.  Everywhere in Europe should have a 5G connection by 2025!

4. Business revolution

As Eduard Martín emphasized, technology is influencing business, as well as the configuration of companies. Therefore, the 5G network is expected to have a big impact on digital services and how these services are configured and provided. Moreover, as mentioned earlier, the 5G network will facilitate the use and evolution of technologies such as big data, artificial intelligence, robotics and the Internet of Things a great deal. As a result, we will see exponential growth in these fields.

5. The 5G network around the world

The 5G network has not progressed at an even rate throughout the world. Some countries are leading the race, while others are lagging behind. As expected, the leaders include China and the United States. However, the country that currently has the best 5G connection is South Korea. Spain and Europe are some way behind the big technological powers, but great progress has been made in recent years.

The implementation of the 5G network will be a long and complicated road because, as explained above, it is a technology that strives to transform global connections. However, as the specialist Eduard Martín asserts, both the money and time invested will be worth it, because it will generate greater economic and cultural benefits in the near future.

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