Catalysts for economic growth
The world’s economy is at a pivotal moment, as artificial intelligence, the Internet of Things (IoT), augmented and virtual reality (AR and VR), and other long-awaited technologies are transitioning from buzzwords into offerings and capabilities. The catalyst: high-speed, high-capacity and low-latency wireless connectivity.1
Mainstream adoption of such bandwidth-hungry technologies will naturally result in a massive increase in wireless network traffic. It’s predicted that by the end of 2024, global mobile traffic will reach 131 exabytes (EB) per month.2
Consumers as well as large industrial companies will benefit from the technological advancements delivered with the Fourth Industrial Revolution (4IR). As an example, Deloitte estimates predictive maintenance will increase uptime and availability by 10% to 20%.3 New networks supporting massive machine-to-machine communication are needed in order to make this happen.
Cellular and Wi-Fi technologies are undergoing major technological advances to support emerging use cases and requirements. This paper addresses considerations for both technologies, while demonstrating how 5G will help smart enterprises with their current and emerging wireless needs.
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New and enhanced wireless service capabilities will be necessary to support heavy consumer, public sector and business use, including:
- Seamless user experience (e.g., access, coverage and quality of service)
- IoT support (e.g., cameras, sensors, smart cities, streaming)
- Critical services (e.g., public safety)
As an example, smart factories will need advanced remote industrial robotics. Operations will have to be controlled remotely and will typically require less energy consumption. Real-time digital “twins” that allow plant management to identify capacity, track production and optimize operations is an emerging use case.