How 5G will pay for itself
Fifth generation (5G) is latest global wireless standards engineered to connect virtually everything and everyone together including objects,devices and machines. The motivation behind 5G evolution was to provide better mobile experience to the users along new and enhance services. 5G bring more efficient deployment scenario and spectrum use, comprising sub 1 GHz band, mid 2-7 GHz band, and high millimetre wave bands(60 GHz, 39 GHz, and 29 GHz). Even in some application, proposed designs for higher frequencies beyond 100 GHz.
It
means 5G wireless standards is designed to achieve high
multi-gigabit data speeds, with more reliability, ultra-low(UL) latency,increased
availability, massive network capacity, and a unleaded broken user experience to the
added users.Expansion of 5G networks provides larger technology reach to supports
new service areas such as
mission-critical communications; improve mobile broadband speeds and the
massive IoT devices, which will benefit manufacturing to healthcare.
5G new radio (NR) services using Non standalone network is
already live and preparation to move standalone architecture is in full swing
to deliver full benefit of 5G services. There are a billion subscribers in
2024, and 5G technology could be accountable
for generation of 22.3 million jobs worldwide and the $13.2 trillion
contribution in global economic by the end of 2035.Currently, South Korea, USA and China are
leading the world for the deployment of 5G technology.Worldwide,
more than 40 telecom operators have already launched 5G.Due to current
scenario, 5G services were expected to launch in India only from 2022. If it is
further delayed due to the regulatory or COVID-19, than India stands the risk
of missing out first flush of the 5G powered innovations.
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