The Impact of 5G on Our Lives: From Faster Internet to Smarter Cities
Last Saturday, we delved into the incredible possibilities that the 5G revolution brings with it – and it’s much more than just improving the performance of your smartphone’s Maps app.
We also explored two of the significant ways in which 5G is set to transform our world – mobile communications and its impact on the automotive industry.
Today, we’ll continue this journey and uncover two additional ways in which 5G is poised to make a difference. Plus, we’ll discuss why 5G is absolutely crucial in the context of the artificial intelligence megatrend.
Over 40 Billion Connected Devices
With the advent of 5G technology, we’re about to witness a humorous twist on the classic joke: “Is your refrigerator running? Well, you better stop it before it runs out the door.”
Of course, we won’t need to chase down our appliances, but what we will see is a surge in the prevalence of “smart” devices.
By the year 2025, we can expect over 40 billion smart devices to join the global network, forming the Internet of Things (IoT). The real game-changer here is that 5G networks will take these devices to the next level, enhancing their intelligence. This will be achieved by enabling them to perform edge-computing functions at lightning-fast speeds, coupled with the power of artificial intelligence and machine learning.
The result? Connected appliances like smart locks, thermostats, security cameras, and various other products will not only function more reliably but will also progressively “learn” to carry out their specific tasks with greater intelligence and efficiency.
- Find further devices…
- Set the thermostat…
- Your living room’s lights should be off.
- Switch on the TV.
- Lock the entranceway.
- plus more.
Networking: Cloud Computing
The Internet of Things (IoT) is on the brink of generating an immense amount of data, stemming from human interactions, system processes, and machine operations. This surge in data is poised to become a significant contributor to the impending data influx. According to International Data Corp. (IDC), we can expect IoT data volumes to increase by nearly 30% annually from now until 2025.
As this 5G-fueled data flows through the global network, the demand for networking and cloud computing capacity will skyrocket. To accommodate this load, cloud data centers will need to expand their memory and storage capacities four to tenfold. These centers will evolve into the central hub of the 5G digital ecosystem.
This shift will usher in a new generation of cloud-based applications, made possible by the capabilities of 5G that were previously out of reach with 4G connectivity. This transformation is set to give rise to innovative apps across various sectors, including healthcare, banking, marketing, and academia, to name a few.
The rollout of 5G promises to foster an era of rapid and diverse technological creativity, potentially generating trillions of dollars in commerce worldwide. Intel Corp. predicts that the monthly traffic per 5G subscriber will surge by almost 700% by 2028, with media and entertainment companies alone standing to gain over $1 trillion from 5G-enabled wireless revenue opportunities.
When you consider the myriad opportunities that will emerge across different industries, you’re looking at a multitrillion-dollar investment potential. Research and consultancy group Omdia forecasts that global sales across various sectors enabled by 5G will exceed $13 trillion by 2035, comprising 5% of global GDP and creating more than 22 million jobs worldwide throughout the 5G value chain.
Clearly, the 5G revolution is only in its early stages, and it’s impossible to predict the full scope of 5G-enabled innovations that will become the norm by 2028. However, what’s certain is that the 5G revolution will offer numerous investment opportunities in the coming years.
When we consider the realm of 5G, it might come as a bit of a surprise, especially given the lackluster performance of stocks in this space since January 2022 – a trend that’s echoed across many tech sectors.
The downturn in the tech industry can be attributed, in part, to factors like rising interest rates, a global economic slowdown, and major telecommunications companies scaling back their investments in 5G. These circumstances created a less than favorable environment for 5G stocks.
However, it’s worth noting that a revival is in progress, and it all began with the rise of artificial intelligence (AI).
For AI to truly shine, low latency and high-speed connectivity are imperative. It’s akin to expecting a Ferrari to perform at its best when fueled with regular-grade, low-octane gas instead of premium – it just doesn’t add up.
The truth is, the stage is now set for a new AI revolution. But this time, we’re on the brink of witnessing an AI surge of unprecedented proportions.
In fact, I’ve compiled a “1,000% AI Blueprint” designed to help you seize the profit potential that this impending AI wave offers in the days ahead.
The rapid acceleration of the AI megatrend means that the window of maximum profit potential won’t stay open for long – especially with the resurgence of the 5G megatrend.
So, if you’re interested in learning how you can make the most of the impending AI wave before it’s too late.