How 5G will impact IoT technology

2022.09.15

According to many predictions, the Internet of Things is expected to significantly change the way people live in the coming years. It has seen growth in a wide range of use cases, including smart cities, remote patient monitoring and healthcare treatment, Industry 4.0 manufacturing, mobility in autonomous vehicles, VR technology, and more.

Enterprises have been using IoT for years, but with the advent of 5G and edge AI computing, these use cases are now more effective and widespread. But what exactly is 5G technology? Let's find out!

According to the analysis of the market research company, during the forecast period of 2021-2028, the compound growth rate of the 5G IoT market will reach 73.46%, and the market value is expected to reach 122.84 billion US dollars by 2028.

What is 5G? How does 5G network technology work?

5G means the next generation of mobile networks that will eventually replace and enhance 4G LTE. The impact of 5G technology is expected to greatly exceed previous generations of networks.

However, this unique technology greatly enhances network connectivity and opens up new possibilities for more creative solutions. Networked sensors and automated production lines that respond to demand and supply are just two examples of how 5G will accelerate innovation and improve user experience.

How 5G Works - A wireless network consists of cellular base stations, which are divided into sectors that send data over radio waves. Fourth generation (4G) Long Term Evolution (LTE) wireless technology provides the foundation for 5G. Unlike 4G, which requires large, high-power base stations to radiate signals over long distances, 5G wireless signals are transmitted through a large number of small base stations located in places such as light poles or building roofs. Using multiple small batteries is necessary because of millimeter wave (mmWave) spectrum — the frequency band between 30 and 300 gigahertz (Ghz) ​​needed for 5G to generate high speeds.

The benefits of 5G technology for business

This is a real opportunity for businesses to embark on a massive digital transformation. As adoption and usage increases, the benefits to businesses and individuals become more apparent.

5G technology has many benefits, including:

1. Low latency

The amount of time between the action and the reaction is called the delay. For example, clicking on a web page link takes the interval between when the browser displays that web page. Compared to 4G LTE, the latency of 5G network is much lower. Based on one trial, it may be less than 5 milliseconds. By enabling real-time networking with reduced latency, new applications such as IoT and artificial intelligence will be supported.

2. High capacity

5G has a wider spectrum with 1,000 times the capacity of 4G. It will be able to connect thousands of connected devices, including smartphones, sensors and IoT devices, and will be able to handle multiple demanding applications simultaneously.

3. Network reliability

IoT will require the fast connections, low latency and better coverage of 5G networks. Businesses must first invest in developing 5G-compatible devices to benefit from these advancements.

What does 5G mean for the Internet of Things?

5G wireless networks will provide an ideal telecom environment for IoT devices to operate at peak efficiency and deliver maximum benefits. Especially due to the high speed and ubiquity of 5G, more real-time connections will be possible.

Another benefit of 5G for IoT is its low latency. Requests will be processed faster by the machine. As a result, they will be able to "communicate" with others more successfully, with little or no delay.

It is predicted that the 5G IoT market will reach US$1.5 billion in 2020 and is expected to grow at a compound growth rate of 72.9% from 2021 to 2026, reaching US$40 billion.

What advantages will 5G bring to the Internet of Things?

The main advantages of 5G are faster transmission speeds, lower latency, and therefore greater ability to perform remotely, a higher number of connected devices, and the possibility to implement virtual networks (network slicing), which provide more tailor-made for specific needs. connect.

IoT has many uses in 5G, including:

5G combined with IoT can be used for process automation and maintenance predictive analytics on the production floor, which helps to transform workflows into instrumentation, data collection, digitization processes, while integrating operators, machines and sensors to achieve desired business goals.

1. Automation

IoT devices can be effectively controlled and monitored remotely using 5G without sacrificing performance. Thanks to seamless connectivity and increased network capacity, businesses will be able to automate the vast majority of tasks that currently require human interaction. This will simplify processes, increase overall business productivity, and reduce operating expenses.

2. Smart home

The ability to accommodate more devices in a 5G network will revolutionize the way smart homes function. Due to the variety of ways in which the various components of today's smart home infrastructure operate, staying connected can be difficult. For example, a smart doorbell might communicate over WiFi, while a toaster might only use Bluetooth. In addition, 4G does not have enough channels to guarantee a stable connection of multiple devices at the same time.

5G can solve this problem by providing reliable coverage, minimal latency and excellent network performance. So it will be possible to develop a truly interoperable system instead of just putting many smart devices in one house.

3. Automotive infotainment

Through 5G networks, drivers and passengers can get instant information such as weather forecasts, traffic updates, and data-intensive in-car entertainment such as music and movies.

Using 5G-powered connected cars to exchange internet access and data inside and outside the car, commuting to get off work, navigating traffic and weather forecasts, and getting news updates will all be faster and safer. This is critical for autonomous vehicles, as they will provide aggregated data that improves the ability to safely manage traffic obstacles and the environment.

4. Modernization of retail stores

With the use of AR professionals and artificial intelligence, retail stores will be able to change the way they provide customer support. 5G and IoT will provide the bandwidth and workload required for technicians to train, oversee business operations, provide guidance, and assist individuals in taking advantage of virtual and augmented reality. Store associates can view and evaluate the cyber-physical performance of their storefronts in real-time through VR headsets. Based on data-driven predictive analytics, this can be used to assess low inventory, detect sales opportunities, build store displays, and provide relevant offers and discounts. For retail businesses to be ready for customers and sales at all times, IoT smart devices can also be used to control inventory levels, spot shelf gaps and locate missing items.

5. Telemedicine

Traditional telehealth services and capabilities will be enhanced with 5G. To provide real-time diagnosis and treatment to patients everywhere, improved data capabilities and new cloud technologies will enable the collection and analysis of massive amounts of data and fine-tune treatment.

With AI-assisted technology, clinicians can conduct examinations remotely on a computer or smartphone and provide reliable telemedicine diagnosis and treatment. Thanks to devices with faster 5G network connections, doctors will be able to track vital signs and provide appropriate support when the patient is not present.

6. Fast data transmission speed

The performance of a batch will determine its degree of success. Its ability and speed to connect to other IoT devices, apps, websites, smartphones and tablets. With the advent of 5G technology, which is 10 times faster than existing technologies, the communication speed of IoT devices will increase significantly. This will increase the speed of applications in the medical and industrial fields, as well as the speed of data transfer in home electronics.

7. Effective supply chain management

Supply chain integration improves the overall process, reduces costs, enhances the customer experience, and reduces inventory failures in transit.

IoT devices enable factories and warehouses to track products, parts and machinery in real time. With 5G, real-time product monitoring from production to end user is possible. Thanks to 5G, sellers can be notified when goods are sent or lost.

8. Remote maintenance

Thanks to the widespread availability of mobile video streaming, remote machine maintenance and repairs will be possible. By limiting expert travel, personnel and travel expenses can be reduced. These devices are placed centrally to aid robots, less trained workers, or a combination of the two.

Other benefits of combining 5G and IoT include:

  • The smart car is parked in the garage and can be wirelessly charged through the city grid while the owner is working. You can also use the remote control to let the vehicle drive itself.
  • Increase data security and predictability by providing quick feedback for quick device decisions.
  • Drones and highly dense sensor networks allow farmers in rural areas to monitor and manage their crops, livestock and equipment more efficiently.
  • By giving users more control, these devices will be able to enhance processes and security in industrial environments and smart homes.

in conclusion

The future of 5G and IoT will revolutionize the world in the coming years due to the current widespread reliance on mobile devices.

Every business has a responsibility to make 5G work in a way that speeds up data analysis and provides a better brand experience for customers.