By Consuelo Azuaje
According to the 5G standards set forth in 2015 by the International Telecommunications Union (ITU), before qualifying as 5G, networks must be capable of transmitting data at 20 gigabits/second (Gbps) and of providing more than 100 megabit/second (Mbps) average data transmission to over 1 million IoT devices in 1 square mile. In practical terms for the everyday user, it would mean the difference between a 10 second-wait versus a 40 minute-wait to download an ultra high-def 2.7 Gb copy of Citizen Kane. Put even more plainly: 5G is going to easily outstrip previous networks, and that’s very reassuring news.
Considering how IoT has crept into virtually every industry with Usain Bolt-swiftness and cement-like finality, it’s going to have to. Going forward, it's been projected that future mobile users are going to need 10 simultaneous mobile connections for everyday life. Also, future households will supposedly average over 100 connected devices.
We at James Brehm & Associates, in fact, projected the number of cellular devices would more than triple in the span of five years, climbing from 308 million in 2015 to 991 million in 2020. The total number of satellites, too, would grow from 3 million in 2015 to 7.5 million in 2020.
Used jointly with low power wide area networks and other connectivity options, 5G —called “the nervous system of the digital society and digital economy” by European Commission member, Gunther Oettinger—will be needed in the future to accommodate the coming IoT-flood. In light of current trends and industry predictions, many companies (e.g. AT&T, SK Telecom, Verizon, Nokia, etc.) are eager to cash in and roll out their own contributions to 5G development and 5G networks.