The world is running faster with each day and is getting advanced with each minute. Nowadays the technology steps up giving rise to an altogether new generation after a while. The latest of the generation in connectivity is the fifth one in the hierarchy of the tree of connectivity. Talking about the 5G we can conclude that it is that latest drug in the market to which people are getting addicted. With the excellent speed of around 10 Gigabits per second 5G provides the pleasure of downloading a full movie in about a time we presently use to download an MP3 audio. It has increased bandwidth, high frequency radio waves, and will be accessible for not only cellular networks but for laptops and desktops as well.
The 5G is about to give the Internet of Things a novel definition in terms of rapidity. Of all the patents and technology concerned with the 5G around the globe, 34% is named to Chinese brands. Haiwei alone owns 15% of the computed percentage.
Disputes are being witnessed about the claims of declaring self to be the first country to launch 5G. Recently South Korea has claimed that it will become the first country to launch the generation whereas the U.S based MNC Verizon Communications ruthlessly scrapped the claim saying that it 5G has already been launched in Chicago and Minneapolis in collaboration with Motorola. Verizon Communications is an American Multinational Telecommunications Conglomerate headquartered in the New York City.
As per the research report conducted recently the market for the 5G will get swollen up to 41 billion USD by 2020. The annual growth rate would amplify with the compound annual growth rate of 43.9% from 2021 to 2027.
To conclude the big story short 5G will certainly and smoothly aid the facilitation of Augmented Reality (AR), Virtual Reality (VR) gaming, impeccable video calling, and high definition videos.