According to a recent survey by GSMA, consumers think new 5G wireless communication is just a faster version of 4G networks. In fact, only 25% of people understand the true value that 5G can bring. They’re in for a pleasant surprise.
Mid-band spectrum is critical to 5G but the United States trails other countries in mid-band availability, according to a 2018 Analysys Mason study, which shows other countries plan to make over four times more licensed mid-band spectrum available than the U. S. by 2020.
According to the recent TMR market study, the global wireless mesh network market would likely rise to $37.2 million units by the end of 2024. Whereas in 2015, the global wireless mesh network market was pegged at $13.3 million by the report.
Smartphone demand has slowed due to market saturation in most North American and European countries, so the primary opportunities there stem from device replacement. Forrester forecasts that these economies will add no more than 91 million new smartphone subscribers.
The profound impact that 5G will have on the world is hard to overestimate. It is a platform for innovation that will bring about a wave of new opportunities and economic growth to nations in every corner of the globe. Here’s why they need a CTO role.
“Every TMT sector will experience major upheaval due to emerging technologies such as artificial intelligence (AI), process automation, and the Internet of Things (IoT). Leading incumbents will have to adapt to market conditions that are changing profoundly and at pace, while also fending off challenges from innovative start-ups.”
The most common reason for not getting Internet service at home is a lack of perceived need (cited by 46%). This reason is followed by cost (cited by 17%), the ability to access the Internet on a smartphone (cited by 11%), and availability issues (cited by 9%).