What is 5G? 👨🎓 // How will 5G be used? 🚀
5G is the fifth generation of wireless technology. Its increased speed, lower latency, and improved reliability stand to revolutionize a wide variety of industries.
If 5G is deployed across just four commercial domains – mobility, healthcare, manufacturing, and retail – it could boost global GDP by up to $2 trillion by 2030.
Beyond industry, 5G connectivity has important implications for society. Enabling more people to plug into global flows of information, communication, and services could add another $1.5 trillion to $2 trillion to GDP. This stands to unlock greater human potential and prosperity, particularly in developing nations.
Source: See the interesting article from McKinsey.