Skip to main content

WHAT IS 5TH GENERATION (5G) WIRELESS NETWORK AND ITS EFFECT OF GLOBAL ECONOMY

5th Generation Mobile Network, which introduces a new kind of network after the success of 4G networks and others before. 5G is a wireless technology with an objective to deliver higher Gbps network speed, network capacity that has never seen before, which connects new industries and different fields of life to the internet, enhanced user experience and reliability. It will connect everyone virtually including objects, humans, and machines.


Fifth Generation wireless (5G) is the latest insertion in the network technology, introduced greatly for an increase in responsiveness through an upgrade in the speed of the network. It will increase the amount of data transmitted over the internet and wireless system by an increase in bandwidth. The previous version of 4G has made cloud services more usable on mobile phones but 5G takes this to new heights because it has so much processing power which will make it more than a network itself.  Global the economy will greatly effect by advancement in technology. In today’s world, everything is dependent on the machines which are connected with the internet including heavy industrial equipment’s to the health and medical equipment. The processors and microchips on these machines are the keys to run them on large scale. 5G technology will power billions of connections and the network infrastructure. It promises to evolve the business world, with everything including transportation, medical, engineering fields connected with each other.   
The study suggests that it will create a positive impact on the global economy because it will unlock a wide range of opportunities for individuals as well as the business giants of the world. It will create almost 22.3 million jobs worldwide in the 5G global value chain alone. The experts are saying that almost $13.2 trillion business will generate by 2035 due to the 5th Generation wireless network.
5G promises to connect all things together such as cars will be connected to roads making travel much safer and easier through tracking and communicating vehicle locations in real-time and lessening accident chances. The self-driving vehicles are also expected to come loaded with the latest driving technologies not only in cars but also in planes and other moving vehicles. The medical equipment and the patients will be connected to the doctors in real-time through devices connected with the internet in real-time making the patients easier to connect to their doctors without going to the hospitals or clinics.

 

Comments

Post a Comment

Popular posts from this blog

Shopify store rates and Plans

  Shopify offers various pricing plans to cater to different business needs. Please note that pricing details may change, so it's always a good idea to check the official Shopify website for the latest information. As of my last update, here are the main pricing plans: Basic Shopify: Monthly Cost: $29 per month Transaction Fees: 2.9% + 30¢ for online credit card transactions and 2.7% for in-person transactions Shopify: Monthly Cost: $79 per month Transaction Fees: 2.6% + 30¢ for online credit card transactions and 2.5% for in-person transactions Advanced Shopify: Monthly Cost: $299 per month Transaction Fees: 2.4% + 30¢ for online credit card transactions and 2.4% for in-person transactions Additionally, there is a more advanced plan called Shopify Plus for larger enterprises with custom pricing. Keep in mind that these prices cover the basic subscription and transaction fees. Depending on your business needs, you might also incur additional costs for themes, apps, and payment gat...
Post a Comment
Read more

Emegence of Netflix after COVID-19

Netflix is an online movie streaming platform that offers a variety of award-winning movies, TV series, shows, anmie, documentaries and more on thousands of internet connected devices of almost every country. It provides the audience a great opportunity to watch the best TV Series and movies on very low prices. The movies streamed on Netflix without a single commercial, which is very pleasing for the viewers. There are always something new movies and TV series added every week.  It has been assumed that after the emergence of COVID-19 last year, Netflix and other online streaming platforms emerge at their peak. The main reason for this may be that due to the closure of cinemas and big screens worldwide, people find the internet to the best of their companions in these hard times. Even the person diagnosed with COVID spends his quarantine by mostly watching movies from Netflix. The mobile application is also available on android and i-phone users, which is also pleasing for the pe...
Post a Comment
Read more

HEALTH BENEFITS OF FIBER

  Fiber manages the body's utilization of sugar, assisting with holding appetite and glucose under wraps. It is mainly carbohydrate and helps the digestive system proactive and healthy. It is a sort of carbohydrate that the body can't dissolve. In spite of the fact that most carbs are separated into sugar particles, fiber can't be separated into sugar atoms, and all things considered, it goes through the body undigested. Youngsters and grown-ups need at any rate 20 to 30 grams of fiber each day for great well-being. The main sources are entire products of the soil, fruits, vegetables, grains, and beans. Here are five health benefits of fiber:                1.      REDUCE HEART DISEASE Studies show that eating fiber on daily basis helps to prevent heart diseases in the human body and controls blood pressure. This happened because fiber reduces cholesterol and low-density lipoprotein (LDL) cholesterol, which is a major ...
Post a Comment
Read more