Research Paper and Discussion

In next 5-10 years, networks will see huge expansion and development and will impact global economy because, Networks are Faster Speeds, Lower Latency, Greater Capacity, Reliability, Flexibility, Improved Battery Life  and has many more capabilities. It will generate revenue for auto manufacturing industry. Fe companies have developed a mobile platform that focuses on providing real-time support for instantaneous delivery of applications supported by iOS, Android and a variety of cloud environments. There is no need for major construction or involvement of the power company to power 5G telecom infrastructure using wireless power like solar-driven systems managed via remote cloud-based controls. Some of the ways 5G could benefit businesses are Mobile becoming, Productivity, Remote working, Rural innovation, etc.,

Upcoming Networks are poised to disrupt the world’s biggest industries including: 1. Manufacturing 2. Energy & Utilities 3. Agriculture 4. Retail 5. Financial Services

Networks have growth in New Industries, as they present a huge business opportunity in the telecoms market. The companies set to benefit most from this revolution are the telecom infrastructure companies, or cell tower REITs, which own cell towers and rent space on them to the network providers. At the same time, the delivery of Smart City infrastructure presents new revenue opportunities. New market entrants are looking at ways to monetize the sidewalk.

Networks can bring advantages to businesses large and small, but it won’t happen overnight. If it delivers everything it promises to, many expect the introduction of 5G to be a foundation for the fourth industrial revolution – Industry 4.0 – where everything is connected, processed and digitized. This can both transform and advance many existing industries, as well as create new ones.

References:

2. Fundamentals of Computer Networks, theInternet and Next Generation Networks. (n.d.). Computer Networks, the Internet and Next Generation Networks. doi: 10.3726/978-3-653-01750-2/2