5G Mobile networks built to support #IoT capacity, drive huge economic growth
Now the 5G, or fifth generation, wireless revolution is near, promising data speeds 50 to 100 times faster than 4G LTE networks. Sure it’ll improve smartphones, but that’s not the point. Analysts say 5G’s biggest impact will be to drive the proliferation of the Internet of Things — billions of connected devices.
The business case for 5G is all about IoT, an evolution, or maybe revolution, that will take the internet era into new territories.
From a business perspective, #IoT applications will drive demand for 5G high capacity data networks, which in turn, drives demand for more antenna sites (smaller cells), fiber optic networking to link more, smaller cells, new RF chip devices (article mentions Qorvo, which is funny, since I am sitting in a building next to Qorvo as I write this:) ), more revenue to cellular service providers, and more data centers.
In this context, #IoT may drive a cycle of enormous investments and economic growth.