5G wireless – a perfect opportunity for you
It’s been more than 40 years since Motorola engineers made the first wireless phone call.
Ten years later, first-generation cell phone networks rolled out and you could buy one of those 1G phones.
By the early 1990s, 2G technology became available. Voice was sent using a digital signal, and phones could now send small amounts of data, like text messages.
By the early 2000s, 3G service rolled out and data speeds improved enough to allow the use of email or web browsing. The service was good enough to allow the introduction of modern smartphones, as exemplified by Apple’s iPhone debut in 2007.
Then a smartphone boom followed and fortunes were made as new tech developed. Today, 4G wireless is the standard, and it has enabled the era of mobile internet.
It’s about 10 times faster than 3G, allowing for additional, more data-hungry services like video and gaming.
However, with the proliferation of data-hungry smartphones and other devices, 4G technology has reached its limits. Now a new generation of wireless communications is under development – 5G.
5G Could Change Lives
Hundreds of millions of dollars are being spent on the 5G rollout in the US, with billions more to go.
And in the UK, the government are rolling out their £200million Urban Connected Communities project.
5G wireless networks will be as much as 100 times faster than what you’re used to now. The connection might be even faster than the wired connection you have in your home.
You’ll be able to download a high-definition movie in seconds. But it won’t just be about faster downloads and speedier browsing. 5G will be an enabler for many new technologies.
Self-driving cars will use it since it’s desirable for them to have a high-speed connection while on the road. Maps, routes, real-time traffic data and updates are all bandwidth-hungry applications.
In addition, hundreds of millions of “internet of things” devices will also be connected to wireless networks over the next few years, adding to a growing flood of data.
5G will enable cities and towns in which homes, street lamps and power grids will be smart and connected and traffic lights will communicate with automobiles.
Other new technologies, like virtual reality and augmented reality, will create new demands for blazing-fast networks. Artificial intelligence applications will boom on everything from machines to mobile devices.
Industry leaders are touting 5G as the biggest thing since electricity.
Like 3G and 4G, the new wireless standard is going to enable a tech boom… and it’s a perfect investing opportunity.