A new study forecasts 5G Internet of Things (IoT) connections to reach 116 million globally by 2026.
This indicates a rise from 17 million in the current year, an increase of more than 582 percent.
Juniper Research predicts that the healthcare sector and smart city services will drive this growth over the next three years.
Study reveals number of connected vehicles will increase more than 90 per cent by 2027, with 5G accounting for almost a quarter of cellular connections.
The number of connected vehicles in service will reach 367 million globally in 2027, from 192 million in 2023.
According to a study from Juniper Research, 5G will account for 23 per cent of automotive cellular connections globally in 2027.
We've barely scratched the surface of 5G capabilities. Here are the ways 5G will change how we're informed, entertained and connected.
Sure, 5G networks are expanding, and we're starting to get higher-quality video, lag-free gaming and even wireless-based home internet. But that's just scratching the surface of what's possible. The wilder ideas of 5G promise things like connected cars that warn one another in milliseconds so as to avoid crashes, or chic augmented reality glasses that guide you through a smart city filled with sensors and connections.
It’s no surprise that the digital world is gradually expanding its capabilities with advanced solutions. IoT is no longer a new technology but rather a common part of the digital transformation strategies in diverse industries, from manufacturing to education. 5G connectivity is currently making its presence more stable in the technology world. According to the 2022 GSMA’s Mobile Economy report, the market share of 5G in Europe will reach 44 percent by 2025 as compared to 4 percent in 2021.
According to the annual State of 5G report, despite the pandemic, 5G cities came online at a rate of nearly two per day globally, with the addition of 635 new 5G cities in 2021.
Latest data reveals that the number of cities with 5G networks stands at 1,947 globally.
Despite the pandemic, 5G cities came online at a rate of nearly two per day, with the addition of 635 new 5G cities in 2021, according to research by Viavi Solutions.