EXECUTIVE INSIGHT
The Power of 5G : Jo Gilbert on the 5G Arena stage at Hannover Messe 2024
in the coming years . There were 1.6 billion 5G connections at the end of 2023 , which will rise to 5.5 billion by 2030 .
5G is expected to benefit the global economy by more than US $ 930bn in 2030 and manufacturing is poised to be the primary industry beneficiary of 5G , accounting for 36 % of it . This growth will be particularly significant in developed regions , including Europe , which are expected to see substantial expansion in the next five years .
5G networks will be pivotal in creating the smart factories of the future , enabling applications such as asset tracking , industrial control and product testing . Traditional networks have often struggled to meet the stringent requirements of many industrial facilities . As a result , 5G is currently used to support auxiliary processes in factories . Extending 5G networks to core production will depend on the technology ’ s ability to meet demanding use cases , including high uplink capacity , near-constant availability and metre-level positioning capabilities .
Q . CAN YOU TELL US ABOUT THE DEPLOYMENT OF 5G DETERMINISTIC NETWORKS IN INDUSTRIAL SETTINGS ?
» Deploying 5G deterministic networks marks a transformative step for industrial enterprises , boosting operational efficiency , enhancing quality and enabling innovative business models .
22 September 2024