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14 Dec 2022
The Benefits of 5G in Emerging Markets
In the coming years, global mobile data traffic will quadruple every year, and by 2025, it is estimated that there will be 40 billion connected devices. The explosive growth is driven by the demand for data-intensive services such as video streaming, massively multiplayer online games, and live broadcasts of sporting events.
To meet this demand, operators must deploy new networks offering gigabit speeds and supporting billions of connections simultaneously. Ericsson's latest study shows how 5G could help operators address these challenges and bring significant consumer benefits in the next decade.
The technology offers higher capacity, lower latency and much better energy efficiency than previous generations of wireless network technology. Combined with higher spectrum efficiency through carrier aggregation and massive MIMO, 5G networks have the potential to meet demands from even more intensive applications - like virtual reality - in densely populated areas with many users simultaneously accessing the same content.
By 2025, 5G networks will create 16 million additional jobs in the manufacturing, retailing, public safety, and healthcare sectors. With reduced battery consumption, wearables will provide longer use time on a single charge, while mobile phones can remain charged all day.
Furthermore, autonomous driving systems would rely on fast response times provided by 5G networks to avoid accidents or carry out tasks in congested urban environments where high numbers of cars are using radar detection systems simultaneously.
The arrival of the fifth-generation wireless technology is bringing with it a variety of benefits to emerging markets. As the cost to connect drops and more devices are enabled, we can expect more people to be able to access the internet.
This will not only expand economic opportunities but will also allow individuals to communicate and live fuller lives. It is crucial that these benefits be made available as quickly as possible so that emerging markets can continue their own rapid development.
With this type of expansion, companies could take advantage of new markets for production and innovation. Overall, investing in this new infrastructure for developing countries would create tremendous economic opportunities for both nations involved as well as others around the world.
Curious about revamping your digital transformation strategy? Learn more from Digital Transformation Week taking place in Amsterdam, California, and London, and discover key strategies for making your digital efforts successful.
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