According to Ericsson’s mobility report of November 2019, 5G the fifth-generation standard for the cellular networks is expected to reach 2.6 billion subscriptions covering around 65 per cent of the world’s population and is expected to generate 45 per cent of the world’s total mobile data traffic by 2025. This standard is to serve customers, enterprises, and businesses with unique characteristics such as the fast transmission of data, low latency, and high reliability.
At the global level, 5G network distributions have already started last year with the first round of 5G experiences in countries like Australia, China, Germany, South Korea, the UK, and the US. This is expected to rise up in 2020, building the foundation for the adoption of 5G in the future. Also with the advantages of 5G, it will take the Internet of Things (IoT) to the next level especially boosting the speed for researches on self-driving cars. These all are possible due to ultra-reliability, lower latency, faster data transmission rates, and unique network slicing capabilities of 5G.
Talking about Ericsson’s 5G for Business, Managing Director Nitin Bansal said that, 5G will allow businesses to get connected wirelessly, increasing safety, and driving efficiency as well as provide with better solutions at a lower cost. And also cited a real-world example to substantiate this. Ericsson and a Chinese company Unicom are working on a 5G smart harbour. And they have selected the Port of Qingdao in China. The Port of Qingdao is ranked among the top ten busiest ports in the world. The port is already a fully-automated harbour since 2017, first of its kind in Asia, and will be at the forefront of port innovation by using 5G.
Ericsson’s USA factory is another great example of how next-generation technology is changing the future of manufacturing for advancement. This 5G Smart Factory will become one of the most sophisticated manufacturing facilities in the industry when it becomes operational. The 5G connectivity which is intended to fast and secure will enable the smart factory to have agile operations and flexible production, utilizing industrial solutions such as automated warehouses, connected logistics, automated assembly, packing product handling and, autonomous carts.
