The Telecom industry, like any other industry, was affected by the pandemic situation. It is highly sensitive to the changes in technological and economic factors. Businesses and users relied on connectivity like never before because of the remote working conditions schools and colleges conducting online classes.
With these changes industries and business are facing, the rapid evolution of technologies like the Internet of things (IoT) and 5G networks are bringing many changes in the telecom industry. 5G and IoT in telecom industry are going to be the game changers in future.
IoT products and services bring added value to the Telecom industry, especially to the 5G network. Telecoms, in some cases, build separate networks, especially for their IoT platforms. Developers and companies can use these IoT platforms as a foundation to create and develop their products and services.
These latest technologies lead to changes in the industry by opening up new revenue opportunities, new ways to use technology, and opening the possibilities for the sector to use different business models and lead to changes in communication service providers (CVP).
Latest trends of 5G and IOT in telecom industry
The billions of physical devices connected to the Internet, collecting and sharing the data, are known as the Internet of things. Connecting all these devices and adding sensors makes these devices digitally intelligent and enables them to communicate real-time data without humans’ involvement. Internet of things makes the world smarter and responsive by merging the physical and digital universes.
Many studies are trying to predict and quantify the impact of 5G and IoT in telecom industry. While some of the studies focus on the cost factor, other studies focus on how valuable these technologies are to society.
Through these ongoing studies, it is evident that 5G will advance many industries by enabling IoT technology to become a crucial part of our lifestyle and economy.
With the Internet of things (IoT), mobile data traffic is increasing as it is the diversity of mobile services. To increase the required capacity, mobile network operators (MNO) need to invest in their infrastructure continually. Network automation provides a solution to telecom companies allowing them to meet the increasing demand for technology.
The Telecom industry is one of the most prominent players in the Internet of things. It can promote IoT services across significant sectors like transportation, healthcare, agriculture, energy and resources, manufacturing and retail.
Impact of 5G network systems in telecommunications
5G is the fifth generation of wireless cellular technology. It is designed to revolutionize the capacity, speed and reliability of communication networks.
5G network services aim at advancing communication technologies by features that provide higher data output, reducing costs, energy saving, increasing system capacity and massive device connectivity at a reasonable cost to meet the demands.
Benefits of 5G and IoT in telecom industry include:
- Bringing internet connectivity everywhere
- Better coverage in populated areas
- Networking as a service.
- Extremely low latency rate
AI and 5G
For the most enhanced user experience and efficient wireless communication combining Artificial intelligence (AI) with 5G is the best step. AI is a powerful tool to focus on wireless challenges.
Domain knowledge is necessary to understand where to use the capabilities of AI. 5G makes AI-enhanced experiences better, primarily through boundless XR.
Next level of 5G
Beyond communication, 5G can shape the future by powering other technologies that help revolutionize communication, learning, and innovation.
5G network will lead to the reinvention of various businesses from the Internet of things, self-driving cars to smart homes and offices with virtual and augmented reality technologies and everything in between.
IoT and 5G the future
5G can widely adopt and implement the Internet of things (IoT). This integration can lead to the improvement of devices’ interconnection, their ability to collect, transmit and store the data. It is a tremendous advantage to manufacturing industries to rely on the IoT to connect digitally to their factories and processes.
5G network is not just capable of faster data transfer. It also supports a massive number of devices simultaneously on a specific range with a higher connection density than 4G.
5G is no doubt the future and can implement various new applications like humanoid robots, connected cars, autonomous vehicles and the Internet of things. 5G connection can connect anything like ships, vehicles, machines, buildings and other things to software, electronics, sensors and cloud.
Embedded 5G technology enables devices to exchange information and also integrate computer-based systems in the physical world.
Development of 5G networks and IoT improvement will bring us direct benefits by increasing efficiency and productivity, reducing operating costs, and enhancing safety at the workplace. The impact of 5G on IoT means that it can flexibly complete work on time in a safe and secure environment.
These technologies enable businesses to understand consumers’ behaviour by collecting and analyzing mobile, social media, internet usage, video surveillance data and improving customer services.