Introduction

5G stands for the fifth-generation mobile network. This new global wireless standard comes after the most recent 4G network. 5G provides a new way of doing things where everything will be virtually connected, this includes electronic devices, robots and appliances. The 5G wireless technology has been designed to achieve higher multi-Gbps fast data speeds, minimal latency, increased reliability, strong signal availability and increased reach to help serve more users. The 5G network enhanced performance and efficiency aims at creating new user experience and bring efficacy in industries.

Which Markets will this affect?

In this data-driven era, reliable and fast internet is required by both individuals and industries. The manufacturing and the automotive industries are presumed to be the first to take up the 5G network to increase their production rate and also match up the current modern innovations.  With the continued digitization of companies in all sectors, the 5G network will be of great benefit, as they will be in a position to undertake their operations swiftly and efficiently.

Here are some of the markets that the 5G wireless mobile network will affect:

a) Streaming

The 4G network currently enables users to stream a 1080P video with no buffering. However, the 5G network will enable us to stream 4K videos without any hurdles. When it comes to latency, 4G connections sustain 3- 4 Mbps, while the 5G network effortlessly sustains 9-10 Mbps. This will be quite efficient for streaming high-quality videos. It will also lead to the usage of different protocols that will have ultra-low latency by bringing it down by more than 300 milliseconds.

Companies that offer streaming services such as Netflix, Crackle, Hulu, and Amazon Prime Videos will be in a position to reach a larger market. It will also be easier for people to stream 4k videos without any buffering issues. This will greatly increase the profits of these companies.

b) Gambling

Online sports betting is continually being adopted across the globe. The 5G data network will revolutionize this industry due to its increased bandwidth and ultra-low latency. This will enable sport betting industries to offer better products to their customers as well as reach a larger number of people across the globe. Products such as immediate in-play bets will be a possibility with 5G network.

For those people that play online casinos not blocked by Gamstop, they will experience the superfluidity of placing their wagers with the 5G network and also in receiving their winnings. Since these Casinos are licensed with offshore gambling authorities, they are known for their safety, reliability and trustworthiness when it comes to payments. Gamblers in the UK who use these top-rated sites will access more products and increase their chances of winning by using the 5G network.

c) Sports

5G network brings more than speed into the sports arenas. The network will create a conducive environment to develop the existing technology. This will bring more possibilities to companies in the sports business. Fans are also set to enjoy an interactive and immersive experience.  Envision a stadium filled with screens on the seats and a patron can pull out real-time data and project it on the players in the field hence understanding the play better and deeper.

Video feed bandwidth which may be affected by many people sending and receiving information as the game continues will also be minimal as the 5G speeds are high to facilitate such large volumes of data. Stadium security and emergency services will also experience fast communication time and hence offering their services better.

Comparison of 4G and 5G

5G network has been termed as revolutionary and will enable the actualization of great innovations. Even though the underlying infrastructure is still in its initial stages the network is predicted to bring about smart cities, automated surgery among other futuristic possibilities. The 4G network has already improved the way business is conducted and this is set to continue with its successor.

There are three main differences between 4G and 5G; faster speeds, Bandwidth with a higher capacity, and latency which stands for the lag time between servers and devices.

When to expect 5G in the UK

Some of the mobile data providers have already started the gradual roll-out of 5G network these include EE, Vodafone, Three and o2 which have already launched it. It is expected that by 2022, most of the UK will have the 5G network while by 2025; the network will have covered most of the developed countries around the globe.