5G continues to evolve

5G is the fifth generation of cellular networks which is up to 100 times faster than 4G. 5G is creating never-before-seen opportunities for people and businesses. Faster connectivity speeds, ultra-low latency and greater bandwidth is advancing societies, transforming industries and dramatically enhancing day-to-day experiences.

Services that we used to see as futuristic, such as e-health, connected vehicles & traffic systems and advanced mobile cloud gaming have arrived. With 5G technology, we can help create a smarter, safer and more sustainable future. 5G runs on the same radio frequencies that are currently being used for your smartphone, on Wi-Fi networks and in satellite communications, but it enables technology to go a lot further.

Beyond being able to download a full-length HD movie to your phone in seconds (even from a crowded stadium), 5G is really about connecting things everywhere – reliably, without lag – so people can measure, understand and manage things in real time. This has enormous potential. The 5G economy is one of incredibly high customer expectations, increasing innovation and competition from unexpected players and new business paradigms enabled by the performance and flexibility of 5G networks.

Wi-Fi communication is currently considered to be the de-facto connectivity technology among organizations for offering on site mobility for employees, connected devices, visitors, and contract-based employees. Advancements and developments in wireless technologies and devices have increased the working efficiency of organizations.

A report from International Data Corporation forecasts worldwide private LTE/5G wireless infrastructure revenues will reach $8.3 billion by 2026, a significant increase from revenues of $1.7 billion in 2021. The market is expected to achieve a five-year compound annual growth rate of 35.7% over the 2022-2026 forecast period.

Heightened demand for dedicated or private wireless solutions that can offer enhanced security, performance, and reliability continue to come to the fore as both current and future applications, particularly those in the industrial sector, require more from their network and edge infrastructure," say experts.

While private LTE/5G infrastructure continues to see more interest, the reality is 5G itself continues to evolve, and will evolve for the next several years. As such, many organizations are expected to invest in private 5G over the coming years as advances are made in 5G standards, general spectrum availability, and device readiness.

Dr. Deepak Kumar Sahu, President & CEO, VARINDIA