Finally, 5G comes calling

The global 5G services market size was valued at $47.3 billion in 2021, and is expected to expand at a compound annual growth rate of 52% during 2022-30. 5G wireless mobile services enable a fully mobile and connected environment by delivering a wide range of use cases and business models to consumers.

Moreover, faster data speeds and extremely low latency offered by the 5G technology would enhance the user experience for several use cases, such as virtual reality and augmented reality gaming, seamless video calling and ultra-high definition videos. The growing demand for high-speed data connectivity for unified Internet of Things applications, such as smart home energy management, is estimated to propel the adoption of these services over the forecast period….