With Verizon launching their Home 5G service and other major carriers in the US and abroad dedicated to get 5G networks built out and service deployed to the public as soon as possible, manufacturers who have invested in 5G are feeling the benefits already. Ericsson, who has committed a great deal of resources towards 5G research and development, reported a nine percent increase in revenue recently and attributed the surge to 5G. “We continue to invest in our competitive 5G-ready portfolio to enable our customers to efficiently migrate to 5G,” declared Börje Ekholm, Ericsson CEO. “Operators around the world plan for launching 5G services, led by North America.”

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Qualcomm’s latest WiFi chips utilize the latest generation of the WiGig standard, with the ability to deliver speeds of up to 10 gigabits per second. This is unlikely to make a practical real-world difference in any current scenario, but WiGig may be used more in the future in the way that 5G is likely to be deployed (e.g. tower to home) and Qualcomm is prepared to compete with the fast speeds 5G promises.

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Verizon is heavily promoting their recently launched nascent 5G network, and in an article published today they explained how they envision the technology making an impact in environments like factories. In a 5G-driven smart factory, they say, “thousands of sensors at floor level can send a continuous stream of data to the cloud….This robust network ecosystem can in turn help managers better monitor quality, increase speed, respond to supply fluctuations and simplify workflows.”

The increased level of connectivity will enable manufacturers to improve processes for better efficiency and workflow, which could revolutionize factory environments in years to come!
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Wireless industry leaders and government officials met at the White House today for a summit on 5G, where a commitment to America being a leader in 5G was reiterated. Larry Kudlow, Director of the National Economic Council, described the White House’s approach to 5G as being “free market and free enterprise.” With a commitment to supporting 5G development and infrastructure, the US can expect to add 3 million jobs and up to $1.2 trillion to the U.S. economy.

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5G is a hot topic and carriers and hardware manufacturers alike are talking up how their company will be involved in 5G development, but the technology is still in its infancy. RCR Wireless has put together five predictions for 5G that they anticipate seeing in the coming years, from development to deployment around the world.

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