BY Capgemini
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Capgemini IT: GROWTH ACCELERATOR

IT trends spotted and checked by experts

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Keywords : 

cutting edge,

 

communications

Wi-Fi

5G


5G telephony sector valued at $12trn


24 Jan, 2017 12:55 pm

The roll out of the 5G cellular networks will have a positive impact on the economy and be worth as much as $12.3 trillion by 2035, according to research firm IHS.


@ Fotolia

Companies that offer 5G products and services could see $3.5 trillion in revenue by 2035 and create 22 million jobs, according to the report, entitled 5G Economy. The industry will invest up to $200 billion to lay the groundwork for 5G-related products and services.

The study, sponsored by chipmaker Qualcomm, reported that more than 90% of 3,500 business users surveyed predicted 5G capabilities will lay the groundwork for yet-to-be-invented products, services, and applications.

5G networks feature ultra-fast wireless network speeds of 10 Gbits/second and low latency, which are expected to serve as the backbone for emerging IoT applications and a new generation of services.

Read more on EETimes

TAKEAWAY TREND
Ultra-fast data transfer speeds and the low latency 5G networks offer will provide the bandwidth for the creation of a new generation of products and services for wireless communications.
Explore the Trend: 5G, VoLTE: The future of mobile telephony

Keywords : 

cutting edge,

 

communications

Wi-Fi

5G

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