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10 Things You Need to Know About 5G

5g over a picture of the world

5G means the 5th generation or the latest mobile wireless network technology generation. 5G replaces 4G, LTE, and earlier systems with significant improvements in security, speed, latency reduction, technology innovation support, and the ability to reach nearly everyone regardless of location.

5G networks will account for more than one-fifth of total mobile connectivity worldwide by 2025 and reach a greater number of people globally. 5G wireless network technology can be provided as a modern home or business internet, delivering a convenient, less expensive mobile solution that provides greater reliability, security, and speed.

For businesses, 5G networks provide faster speeds making work more productive. Greater reliability means less downtime and reduced costs of network support. 5G enables business connectivity in more locations and increases the ability to work on the go from anywhere. Improvements in artificial intelligence (AI), virtual reality (VR), and Augmented Reality (AR) will provide increased business opportunities from development to delivering accurate, engaging online training and business operations management.

Key Takeaways

  • What are 10 things to know about 5G?
  • What are the advantages of 5G?
  • Are there disadvantages to 5G?
  • Is 5G secure?
  • Learn how 5G impacts business innovation and growth.
  • Discover how 5G enables edge computing and improved customer experience.

This guide provides information on ten advantages, disadvantages, and opportunities created by 5G networks for individuals and businesses based on 5G’s low latency, high speed, and reliable connectivity.

10 Things You Need to Know About 5G

5G provides advantages to both businesses and individuals including:

  1. Increased access to remote or previously underserved locations
  2. Increased reliability and bandwidth
  3. Faster connection speeds
  4. Ability to use multiple devices on the same network with higher performance
  5. Enhanced data transfer, upload, and download performance
  6. The ability for businesses to leverage edge computing
  7. Data security and privacy improvements over previous mobile networks
  8. Improved use of AR, AI, and VR technology
  9. Opportunity expansion in the development of AR, AI, and VR technology
  10. Growth in the 5G security market to manage future security threats

What Are the Advantages of 5G?

For individuals or private consumers, the benefit of 5G is access. Access to a reliable, high-speed, and secured mobile network. Previously underserved areas within cities, suburbs, and rural and agricultural zones can experience useful, lower cost, and productive internet access using 5G.

Access to reliable, high-speed internet is crucial for individuals working remotely and those in need of services such as education, public safety, transportation, or employment. Access opens additional opportunities for employment or operating a small business.

Mobile-dependent users with 5G can participate fully in the global digital economy where cell phones and tablets are the primary means of accessing the internet. 5G represents an increased economic opportunity for everyone regardless of their location.

Individuals with 5G can take advantage of smart technology devices. Smart tech home devices such as thermostats, furnaces, and refrigerators can be used effectively. In the same manner, cities or locations with 5G access can deploy adaptive energy-saving street and park lighting. Reduced costs to manage and the ability to manage services remotely are significant advantages of 5G.

5G benefits businesses in similar ways. Access to reliable, high-speed internet at expanded locales means the ability to offer remote working, or open remote field offices, and remain productive. Additionally, for the manufacturing and retail sectors smart technology offers solutions for cost-effective inventory management, shipping, and inventory tracking.

Telemedicine access assists health providers in providing safer, accurate patient care from anywhere. Imagine having a specialist assist in a life-saving surgery remotely when time is critical. 5G provides the means for integrated, secure, and reliable connectivity.

5G provides the base to grow technology; especially in the AI, VR, and AR space. Technological advancements in these areas help businesses reduce costs while providing top-of-the-line customer service, training, employment, and business management. Video conferencing improvements and data sharing activities also improve under 5G with its reduced latency and ability to transfer larger amounts of data including large image files.

The 5G network enables businesses to create expanded networks using edge computing. Edge computing assists in processing data at points closer to the customer. Edge data processing increases website and app performance and increases end-user satisfaction. Additionally, customer service centers using 5G can better manage workflow automation, AI, AR, and VR to better serve customers. Customer self-service portals, as well as chatbots and other technology, perform more consistently on a stable, more reliable 5G network.

Other advantages of 5G include:

What Are the Disadvantages of 5G?

5G takes time to deploy over a wide area. Additional transmitters are required when compared to 4G, so all transmission sites require upgrading. On top of the upgrades, many areas require additional tower construction in sometimes difficult geographical locations. The process of upgrading and constructing towers is both time-consuming and expensive.

5G also decentralizes security. 5G’s increased dynamic software system involves more data transfer and traffic routing points. Every point represents a potential weakness in the network. Security is an ongoing issue and point of concern for all network technology. 5G expands the need for improvements in network security to protect and monitor larger amounts of data in transfer and storage.

Other disadvantages of 5G include:

  • Device replacement for devices incapable of working with 5G
  • Initial higher cost for 5G devices
  • Lack of encryption early in the connection process reveals device information for IoT (Internet of things) hacking attacks

In 2022, the cost of 5G devices has normalized due to the rapid expansion of the network. Network security improvements are ongoing as the network expands so do the security standards and requirements for operation.

Is 5G secure?

The global 5G security market will reach 10.5 billion by 2027. 5G growth is a boom for network security, IoT, software, and technology businesses.

Currently, 5G is secured using subscription authentication, UE authorization, and access and serving network authorization. Additionally, user and signaling data integrity is used to ensure secure interoperability between connected networks. Data security and privacy remain a concern as the network expands and moves more data. 5G supports gNB encryption to secure user data in transit as well as for signaling radio resource control.

5G includes security in the current design. However, as with most technology, there is an ongoing and critical need to manage and monitor new threats.

5G network security is an improvement in securing data, device, and user data when compared to 4G/3G/2G networks. 5G is secured, but security improvements to identify, monitor, and manage threats are an ongoing requirement. The need for security management will drive a boom in the 5G security market.

How Does 5G Impact Business Innovation & Growth

5G expands business opportunities in the AI, VR, and AR space. Providing cost-effective, business management options for manufacturers, entertainment, and other business sectors will continue to grow. Solutions are aimed at improving inventory management and tracking, shipping, office management, sales, robotics, streaming video options, and gaming, to name a few. Additionally, 5G promises to create more business opportunities in the smart device and sensor market.

Business operations benefit from 5G technology with its eMBB (extreme mobile broadband), higher speed internet connectivity, and larger bandwidth. The reduced latency makes eMTC (massive machine type communication) function reliably and in near real-time speed. Using 5G, businesses can reduce costs by decreasing overall power consumption. At the same time, businesses can expand to remote office locations as well as offer remote working options that increase employee productivity.

Other business growth opportunities include:

  • Security business growth for improved security protections
  • Remote employee access or the ability to work on the go from nearly anywhere

Customer service options expand with a 5G network including customer self-service portals. The ability to fully use AI, VR, and AR technology assists in building a positive customer experience. Better customer experience results in revenue growth and longer-term customer retention. 5G enables the use of edge computing practices that further increase data transfer performance across the network.

The ability to use 5G in remote areas that were previously underserved benefits both businesses and individuals. Access to quality internet connectivity improves opportunities for employment, access to medical services, emergency services, and the digital world. Access to a secure digital world expands the opportunity to experience a world of opportunity with increased reliability and less interruption.

Although 5G is designed with the latest security advances in place, the increase in data creation, transfer, and storage increase the points of possible attacks. As with all technology, security practices and monitoring will require constant improvement. Ensuring data security and privacy for customers and businesses will continue to be a challenge.

Last but not least, the environment benefits with 5G energy saving abilities. Upgrading existing towers where possible and offering smaller battery sizes with greater efficiency help to reduce the network’s overall carbon footprint. 5G is the network for building a greener, more secure, faster, and equal-access future.