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The next generation of wireless is here, and several countries are locked in a fierce battle for the top spot in global 5G development. Telecoms in 18 countries will roll out 5G networks by the end of this year, and by 2020 over one-fifth of the world’s countries will have launched 5G services.
Securing global 5G leadership is a national priority for many countries because the winner is expected to secure more than a decade of competitive advantages. The spread of 5G is pivotal for the connected world — its technical upgrades will supercharge adoption of transformative technologies and strengthen the value of old ones.
5G will serve as the backbone of the fourth industrial revolution, and the global pacesetter for the new standard could become the same for connected technologies. All told, 5G technologies are expected to contribute $2.2 trillion to the global economy over the next 15 years.
In the Global 5G Landscape Report, Business Insider Intelligence identifies three countries — the United States, …read more
Source:: Businessinsider – Tech