5G technology is faster than 4G, enabling enhanced productivity across all proficient devices, with a download speed of almost 10,000 Mbps

The term 5G refers to the 5th generation of mobile technology and the most recent revolution in mobile technology. It is the next key phase of mobile telecommunication and wireless systems, offering much faster download speed than current wireless technologies. Various 5G research and development activities also focus on lower latency and lesser battery usage than any 4G equipment for better IoT (Internet of Things) implementation. One of the major advantages of 5G is that it has excellent ability to support both consultancy and software. Moreover, due to router and switch technology, 5G networks will enable high connectivity.

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Other key features of this technology include:

• Virtually zero latency

• Higher capacity and faster response time than 4G

• Wide variety of applications

• Ubiquitous connectivity

• Wider multimedia options

• High-quality HD videos and sound

Upcoming Innovation Promises Faster Download Speed

With more companies forming 5G partnerships, the latest and notable development in 5G technologies has come from ZTE Corp., a leader in telecommunication equipment and systems. The company is exhibiting its newest innovation in 5G technology at the IFA (Internationale Funkausstellung Berlin) 2017. Its 5G innovation includes the world’s first ever Gigabit smartphone prototype. The new trial product offers higher connectivity and almost 10 times faster speed of download than existing LTE (Long-Term Evolution) devices.

Market Overview:

According to a new study available on Radiant Insights, the worldwide 5G technology market is estimated to witness significant growth during the forecast period (from 2018 to 2022). Increased global adoption of various Internet-enabled devices is projected to be a key growth driver for the market. In addition, low power consumption along with high data transfer rates is also likely to positively affect the overall demand for 5G during the next few years.

Some of the prominent vendors operating in the global market for 5G technology are AT&T Inc.; Samsung Group; Nokia Networks; Qualcomm Inc.; and Telefonaktiebolaget LM Ericsson.