The road to 5G has just taken off and is constantly evolving: CP Gurnani, Tech Mahindra
Being distant yet connected is the post-Covid mantra. Connectivity is, indeed, a critical factor, be it Internet of Things (IoT), augmented reality/virtual reality (AR/VR), video surveillance and analytics, robotics, drones, connected vehicles, 3D printing or online streaming. The backbone for all these, and many other technologies, is 5G (fifth-generation) mobile network.
5G is the propelling force of the so-called Fourth Industrial Revolution, with its ability to front-end the success of these emerging technologies. It also brings forth an opportunity to adopt newer things. 5G can provide a much-needed edge to help businesses bounce back in the post-Covid economy.
According to a November 2019 IHS Markit study, 5G will generate a global economic value of $13.2 trillion by 2035, generating 22.3 million jobs in just the 5G global value chain. The versatility of 5G is what makes it attractive and beneficial. Whether large enterprises or small and medium enterprises (SMEs), 5G has something for everybody.