- The transition from 4G to 5G will allow wireless technology to surpass three technical thresholds: 1) wireless internet speeds will surpass cable broadband and potentially also fiber optic cable; 2) the “internet of things” will have mass industrial applications for the first time; and 3) communication lag will fall to one millisecond—faster than the speed at which humans perceive touch response as instantaneous—giving rise to new, “tactile internet” applications such as remote surgery.
- As a result of these barriers being broken, the 5G transition will likely have a larger and broader economic impact than shifts between previous wireless generations.
- Consumers have the most to gain from this transition, followed by network equipment suppliers, cellular tower companies, and connected device makers.
- Telecommunications and media companies should stand to gain as well, though they will also face new challenges as content distribution changes, while cable TV companies will likely see their value proposition further erode.
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