4G and LTE standards provide much of what’s needed for IoT devices to get the job done but 5G will transform the IoT landscape. Predicted to reach $520bn by 2021, the internet of things (IoT) is highly reliant on fast, effortless connectivity. What can 5G bring to the table? Consider these key benefits:
It is easy to underestimate the impact of enhanced connectivity. The IoT revolution was not exactly widely predicted, but no serious enterprise can now ignore the huge impact of the billions of connected devices lighting up on the internet every year. But which IoT applications stand to benefit the most from 5G?
There is no question that the actionable, real-time edge data that IoT can deliver is opening up previously unimaginable applications. 5G will simply accelerate this trend, and some IoT applications will see massive benefits:
5G is not yet widely available, though this is due to change rapidly according to the Ericsson 2018 Mobility Report. Enterprises that use IoT technology will need to prepare for the implications of 5G to ensure that competitors do not overtake them.
Working with an IoT expert is essential. We know that 5G will have dramatic consequences for the IoT landscape, the IoT experts at ELEKS can help your enterprise adjust its IoT deployments to take advantage of 5G and IoT as soon as the latest generation of cellular networks become widely available. Get in touch with us!
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