The Information and Technology (IT) market is evaluated at around $4.8 Trillion USD.
Many of the big tech company who currently are ready to invest a lot or help to finance part of the project to have access to such innovative technology.
This push the most advanced manifacturers company's in technology development to a rush, where the first
to develop the 5G will have a significant dominance on the Market.
Market Analyst Expert have estimated the 5G industry using the Compound Annual Grown Rates or (CAGR)
Taking into consideration thousands of factors, interests, and market experience.
They have estimated that the 5G infrastructure market would be valued at
$2.86 Billion USD in 2020 and it is further projected to reach $33.72 Billion USD by 2026.
How does 5G Differ from 4G?
4G use low-frequency wave in order to transmit its signals, compared to the 3G it is simply faster, without entering into all the technical details.
The 5G deliver a huge bandwith with an extremely low latency and have a network that is a lot more reliable.
They achieve that with high-frequency waves, which are requiring more powers and can connect with many types of devices, perhaps high-frequency waves have more trouble's to go trough some surface and have less reach then the 4G. At the moment where I am writing this articles, we currently don't have 5G in Canada, but It will certainly come to America really soon.
Computers understand binary code, every coding language are at some point converted into binary code (010101)
Which the computer can understand (0 = +5 Volts) (1 = +10 Volts).
Standard 3G and 4G can only process the one or the Zero at different times, but 5G will be able to
process the 0 and 1 at the same time allowing a better speed with a lot less caching!
With the 4G we can download a 2h movie in about 6 minutes, but on the 5G it is in about 3.5 Seconds.
5G will have a huge role in our technological advancement, it will allow us to have a connection
Fast, Reliable,with a Low Latency and will be able to Connect everything.
This has a lot of potentials especially for AI, Self Driving cars, Phones, Remotely Controlled Surgery, Robotics and a lot more!
Everything that requires an Instant response will beneficiate it!
The China and U.S Battle to be the first offering the 5G Network
China has already started to deploy there network during the third-quarter of 2019, perhaps the US have increased the price on the rare metals that are sold in Asia, which are required components and the most expensive part of 5G tours, also used in the conception of wireless communication device such as cellphone and computer.
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Personally I just hope that it won't turn into the best mass surveillance machine ever made as
it can process a lot of data in a short amount of time. Check the video for more informations!