5G, the technology that will shake the economy

The 5G technology is expected to appear for the general public at the end of 2019 and promises a double of 1 000 Internet performance, even this technology will enable an internal development of interlocked objects, the French daily writes on its website, “LesEchos.f”.

This technology has not yet become reality and it is not possible to be used by the general public.

But 5G is already in the mouth and mind of all telecommunications anchors, all are increasing investments and partnerships to make sure they don't lose the right train of higher communication speed.

What will this new generation of mobile technology bring?

5G promises a multiple of network performance 1,000 times and will enable a powerful increase in the use of interconnected objects.

For five years, the volume of data that will transit to the networks will be 10,000 times higher, with less slow than a millisecond, versus the 50 milliseconds that are available today.

$13 trillion for the world economy

The English Cabinet, “IHS Markit” estimates 12.3 trillion dollars and in 22 million jobs the benefits of 5G technology for the world economy by 2035.

This will rule all sectors of the economy, from finance to production industry, moving from transport and construction.

Telecommunications giants are starting to move.

In early May, the third US phone operator, “T-Mobile US” announced that it wants to start installing a fifth-generation network on the American market since 2019 and has targeted a national coverage with network 5G by 2020.

Europe seeks to be world leader in 5G

In the European Charter, ambition is to be the leader in stretching 5G, said Commissioner for Informatic Economy Gunther H. Oetttinger, in September 2016, as he presented the action plan dedicated to this technology.

Brussels estimates to 500 billion euros the necessary investments in the next decade, where much of it will come from telecommunications operators.