Key trends in 5G include the use of 5G technology in robotics, IoT, VR/AR, and increased use in mobile networks; another key trend is the potential for growth in profits (CAGR of 31.9%). Complete details about each trend are presented below.
#Trend 1: 5G in Robotics
- The use of 5G technology applied to robotics demonstrates a global trend because it is enabling the automation of services previously dependent on human participation, such as commerce and payments. Recent data released by the Robotic Industries Association show that after the first applications of 5G technology in robotics (2018), the growth of robot shipments being manufactured jumped from 7% to 42%; this exorbitant growth has proven the use of 5G technology applied to robotics is one of the biggest trends in global use. After all, this is motivated by the real possibility of automating previously unthinkable processes.
- Latency is a huge challenge for robot developers; if it takes too long for an entry to be processed, then a move to be calculated and executed, the robot is severely limited. The 5G network increases data transmission speeds by more than 10 times, revolutionizing robotics.
- 5G technology connects the robot to the cloud. Through this, tests are being done where the robot can use machine learning to find the best way to navigate its environment and perform tasks without being specifically scheduled in advance.
- One of the most important uses for 5G in robotics, which is being developed globally, is medicine—specifically remote surgery—performed by an experienced surgeon who operates robotic tools.
- Nokia, for example, is using 5G technology to build a "smart factory" equipped with sensors that provide a constant flow of information about every aspect of the manufacturing process.
- The 5G RuralFirst Project, involving Cisco, the University of Strathclyde and other partner countries, uses 5G technology combined with robotics in agriculture to implement advances that optimize food production.
- NTT Docomo, the Japanese and Toyota phone operator, developed the T-HR3 robot to demonstrate how, through 5G technology, it could be controlled almost in real-time. In the demonstration, when the operator moved, the robot repeated the movement.
#Trend 2: 5G in the Internet of Things (IoT)
- By 2020, the B2B IoT market will exceed $300 billion, according to estimates by Bain & Company. And global IoT spending is expected to reach $1.2 trillion by 2022, based on IDC data. The biggest advancement needed for IoT to continue to rise includes faster and more stable connections—a great feature of 5G technology.
- The 5G technology applied to IoT is a trend proven by the investment it has had in all industry sectors. It is well-tested for home appliances, especially security systems. 5G promises to be able to be controlled over long distances and speeds much higher than the old 4G, which makes these ventures more successful by streamlining diverse operations and enhancing the safety and mobility of people enabled by more efficient uses.
- For decades, sensors have been used in factories to measure product temperature, count and monitor production and ensure quality. Only 5G technology applied to IoT enables wireless sensors throughout the factory or warehouse, optimizing operations. Statista predicts that by 2020 "the installed base of things-to-be devices is expected to grow to nearly 31 billion worldwide," proving to be one of the industry's top trends.
- Autonomous cars, connected to different IoT devices, are one of the main bets on the market. Due to 5G technology, it is estimated that by 2020, the number of cars sold with installed telematics will rise from 60% to 90%.
- Bosch Rexroth demonstrates the use of 5G technology applied to IoT with the "ActiveShuttle" driverless transport system and a new 3D printing system.
- Festo is focused on utilizing 5G technology applied to IoT to optimize cloud utilization, both at storage speed and operating system usage, and intends to break the market.
- FTT, a result of 5G at IoT, is developed by IFAK and includes devices that generate traffic and measure parameters with high resolution. FTT-Manager provides a user interface for planning and controlling the test procedure. It can also manage and control standard equipment such as spectrum analyzers for cross-layer analysis or signal generators for introducing interference.
- Weidmueller and Zeiss are leveraging 5G technology applied to IoT to boost the performance of autonomous cars, implementing from smart censors to state-of-the-art customizable onboard computers.
#Trend 3: 5G in VR/AR
- A recent Gartner study on augmented reality (AR) and virtual reality (VR) use suggests that by next year, 100 million consumers will use both technologies to shop online and in-store. However, this advance will only be possible with the benefits that 5G technology offers, making this one of the biggest trends in use.
- Higher 5G output will be required for cloud-transmitted VR and AR content, and with 5G access becoming easier and more common, AR/VR may become mainstream through its use.
- According to Mangala Bhattacharjee, senior marketing manager at Research on Global Markets, 5G as a technology inherently brings aspects such as high speed, ultra-low latency, and high bandwidth—all in a wireless communication network. He believes that early deployment of consumers (through navigation, virtual tourism, immersive gaming) and corporate (through digital twins for predictive maintenance in the manufacturing industry and remote healthcare surgeries) RA applications will become perfect when 5G networks become widespread.
- AR technology is used in a variety of markets including commercial, gaming, retail, and e-commerce. Some of the main players in the space are Apple, Sony, Microsoft, Google and Samsung Electronics, which are already testing the VR/AR technology used concurrently with 5G.
- Apple, Google, Facebook, and Snapchat already offer features and applications in which consumers can use AR in their daily lives. Many technological developments are breaking down the hurdles of AR, with improvements in ease of use, improved developer tools, network enhancement, increased usability, higher performance, and lower costs—and especially 5G.
- Companies like Netflix are investing in research using 5G technology applied to VR/AR to enable immersive experiences in audiovisual materials from their own homes.
- Game streaming services like PlayStation Now, GeForce Now and Jump are well-positioned to flourish in the 5G era. One of the key benefits of these platforms is that gamers can stream games at lower prices, reducing the total cost of AR and VR for consumers.
- The arrival of 5G means that the VR/AR resources can be utilized from the PC and into something called edge cloud; therefore, only the headset is required.
- At Mobile World Congress in Barcelona, CEO John Hanke presented a video of a prototype that Niantic developed, codenamed "Neon," which allows multiple people in the same place to play an augmented reality game at the same time. This made possible only thanks to 5G technology.
#Trend 4: 5G in Mobile Networks
- According to a survey by Rethink Research Technology Ltd., of 78 mobile network operators (MNOs), 5G has three differentiating elements of 4G LTE: diversification, densification, and virtualization. Rethink predicts that these features make 5G applied to the mobile network a better investment than continuing with 4G LTE between today and 2025.
- 5G technology is among the five trends in all 2018/2019 worldwide mobile network trends lists.
- One of the features of 5G in the mobile network is the increase of small cells to improve network capacity with 100 times denser connections.
- According to Commscope's senior executive, companies can expect a wireless LAN type architecture that addresses the limitations of Wi-Fi.
- 5G technology applied to the mobile network has, as trends, reliable connectivity with stringent latency, making the mobile phone a safer environment for risky operations.
- One of the key features that make 5G a trend in mobile networking is that it employs a virtually distributed layered security design and wireless technology to create a highly secure, resilient and agile system. Some key security features of 5G mobile networks are distributed denial of service (DDoS) detection and mitigation, stronger encryption for over-the-air interfaces, IMSI encryption for each device, and security edge protection proxy to reduce prior technology vulnerabilities and likely attacks (when subscribers are roaming between different carriers).
- Not only are the speeds higher, but 5G networks must also provide a cheaper data cost. With advanced technology and higher future adoption rate, 5G is expected to play a dominant role in the overall wireless internet.
- In February 2018, Airtel, Huawei conducted India's first 5G network test. India's largest telecommunications service provider technologies, Airtel and Huawei, conducted experiments for 5G deployment. This test was a small test to verify Airtel network coverage. Both companies are trying to provide a robust 5G ecosystem.
#Trend 5: 5G Potential Profits
- MRFR's global market research report for 5G services concludes that the CAGR of this market is 31.9% (between 2018 and 2023). In terms of monetary value, the 5G market may be worth $85.84 billion by the end of 2019.
- According to IHS Markit, for example, by 2035, 5G will enable $12.3 trillion of global economic output (which is roughly the same as total US consumer spending in 2016). 5G will generate $3.5 trillion in output and support 22 million jobs in 2035 (which is now larger than the full mobile value chain). From 2020 to 2035, 5G's total contribution to GDP real global economy will be equivalent to an economy the size of India.
- Once available, 5G will create significant revenue generation opportunities in the fixed broadband and business-to-business areas including smart cities, the connected home, and IoT.
- 5G will create a wide range of opportunities—from machine-to-machine services and standalone vehicles to remote healthcare and innovative video distribution services. With its expanded 5G capabilities, telecommunications companies will need to invest in technology to create market entry models that capture 5G-IoT's business potential. (Source 18)