5G technology will power a wide range of future industries from retail to education, transportation to entertainment, and smart homes to healthcare. It will make mobile more essential than it is today. What is 5G? What are the industry applications of 5G technology?
What is 5G?
5G refers to the 5th Generation Wireless System. The 3GPP (3rd Generation Partnership Project), a global telecommunications standardization body, is the main setter of 5G specifications. Since 2015, it has launched 5G standardization pre-research to understand the new services and technical requirements required by the market, and released the first in 2018 and 2019 respectively. With the second stage of 5G technical standards.
The formulation and use of various 5G standard technologies are to achieve the three goals set by the International Telecommunication Union (ITU) for 5G: enhanced mobile broadband (eMBB), high reliability and low latency communication (uRLLC), large-scale Machine type communication (mMTC), that is, the three major characteristics of 5G "high speed", "low latency" and "multiple connections".
From 1G pure analog voice communication, to 2G for sending text messages, 3G for basic Internet access, to 4G, many people use mobile phones to watch movies and play games. The time has surpassed that of the computer. "This is absolutely unexpected when mobile communication first started." Every generation of communication technology is to respond to the evolution of market demand. While launching new services, it also changes consumers' usage habits. However, compared with 3G and 4G, it is to respond to consumers' needs for mobile services. The reason why 5G has attracted more attention than previous generations of communication technologies is that it wants to meet the needs of industrial development and has a wider range of applications.
Therefore, in addition to high speed, the other two features of 5G, multi-connection and low latency, are all applications that help enterprises accelerate digital transformation, such as solving the pain points of factory automation technology.
Taking automated guided vehicles (AGVs) commonly used in automated production lines as an example, AGVs are mainly used to perform logistics handling between production lines, which can improve productivity and reduce labor costs. However, AGVs are mostly driven by Wi-Fi connection. The frequency band used by Wi-Fi is a license-free open frequency band. Not only is the connection quality susceptible to interference from other devices, but also information security risks. In addition, when Wi-Fi switches between different base stations, it needs to be reconnected, which may cause the unmanned truck to be disconnected or stopped during the moving process, which will easily affect the operation efficiency of the production line. Through the low-latency and multi-connection features of 5G, the unmanned truck has a more immediate signal response time, and a command and dispatch platform that allows multiple devices to be connected at the same time, which can stably perform the handling work and improve performance.
In addition to unmanned trucks, another key technology in industrial automation is automatic monitoring. Automatic monitoring is to monitor the production line status through artificial intelligence image recognition technology. For automatic monitoring to be carried out smoothly, the high transmission speed of 5G is also required to transmit high-resolution images to the back end of the computer in real time, and in the event of industrial safety hazards, with low-latency support, the system can quickly operate. react. In the Internet of Things (IoT) era where all devices are connected and driven by the network, 5G will penetrate into various vertical industries, such as smart retail, smart medical care and smart transportation, and become the infrastructure of various fields.
Industry Applications of 5G
5G is the trend of the future network, affecting not only the technology industry, but most of the existing industries. Below explains the impact of 5G on 20 major industries.
5G technology can help manufacturing operations become more flexible and efficient, while improving safety and reducing maintenance costs. This will enable manufacturers to leverage automation, artificial intelligence, Augmented Reality (AR), and the Internet of Things to achieve "smart factories."
2. Energy and Utilities
5G can bring more innovative solutions to the production, transmission, distribution and use of existing energy industries, and is expected to develop the next wave of smart grids with greater functionality and efficiency. 5G technology can connect and integrate many unconnected energy-consuming devices at low cost. It will improve grid monitoring and make energy demand forecasting more accurate, making energy management more efficient, and reducing peak power and overall energy costs.
Farmers around the world are using IoT technologies to optimize overall agricultural production processes such as water management, irrigation and fertilization, livestock safety, and produce monitoring. 5G technology can facilitate the adoption of IoT devices to make this happen.
Shopping on mobile devices is very popular around the world. More than 100 million Americans shopped on smartphones in 2018 thanks to 4G/LTE technology. Just imagine, if the Internet speed increases by 10 times, how will the mobile shopping experience be affected?
In addition, 5G technology supports AR/VR applications, so there is an opportunity in the retail industry to launch more VR/AR experiences in physical stores, such as try-on, virtual space, etc. According to consumer shopping habits, the same function may also be experienced at home. Worldwide spending on AR/VR applications in retail displays is expected to reach approximately $5.9 billion by 2020.
5. Financial Services
As financial institutions pay more and more attention to the promotion of mobile devices, 5G technology is expected to be used in one-way and two-way services.
5G greatly improves security and network speed, and can complete transactions faster and more secure than any existing process on mobile phones; the user may be contacted by AI or a remote bank clerk, both of which can be used. different needs of users. In addition, 5G could allow wearables, such as smart watches, to share biometric data with financial services to instantly and accurately verify user identities and complete transactions faster in addition to being more secure.
6. Media and Entertainment Careers
5G will profoundly impact media and entertainment on multiple levels, including mobile media and advertising, home networking and television. It is also critical to improving the experience of new interactive technologies such as AR/VR.
7. Health Care Industry
5G can improve global healthcare in a number of ways, and the medical industry will also be able to take advantage of high-speed internet features, greatly reducing the time it takes to read a large amount of patient data, whether it’s personal information, clinical research, or high-resolution MRI and CT images.
5G can also enable remote monitoring equipment (such as wearable technology) to send patient health data to doctors in real time, and also to know what kind of space the patient is currently moving in through sensors, so as to achieve a more comprehensive and adaptive approach.
8. Transportation Business
From buses to taxi fleets, as 5G networks become more commonplace, 5G technology can improve the transparency and deployment of transportation systems.
The future of augmented reality (AR) and virtual reality (VR) depends on broader, more reliable, and more consistent 5G networks. Of course, the premise is that the 5G network must be mature enough to achieve the primary goal of reducing development costs.
AR and VR need to process huge amounts of data. 5G has 10 times less latency, 100 times more traffic and capacity, and 100 times higher network efficiency, which means 5G can solve these problems.
5G can help insurers make more comprehensive and confident decisions because they have access to more accurate data.
As 5G paves the way for AR/VR experiences, teachers will be able to use these technologies for a variety of new educational technologies. For example, students can take virtual field trips around the world, from the pyramids of Egypt to the Great Wall of China, without ever leaving the classroom.
12. Cloud Computing
Due to the low throughput, high latency and inconsistent connectivity of mobile devices, the functional and feature aspects of cloud computing are often diluted. But 5G networks can increase reach and flexibility. The high throughput and low latency of 5G will solve existing problems and take cloud computing to another level.
13. Gaming Industry
In the "subscription streaming" society, media such as Netflix and Spotify are very popular with users, and 5G solutions can open up a whole new market for the gaming industry.
The current 4G latency is around 10 milliseconds, while 5G can handle it much faster, speeding up the latency to around 1-2 milliseconds. Fast computing allows users to get a better gaming experience, making quality improvements more cost-effective.
14. Real Estate
Based on the existing technology, real estate agents in Taiwan have used the 360-degree home inspection service, allowing buyers who want to buy a home to view the items of interest first at home. With the development of 5G, AR/VR may be used in exhibition and sales centers or real estate brokers, allowing consumers to directly experience the space of objects in the office, instead of rushing up and down to different objects in the early stage, so as to improve the overall efficiency.
15. Public Safety
5G networks can shorten the time to receive messages and enable wider use of the network to enhance public safety.
Through the 5G network, the rescue team will be able to quickly assist the rescue in the first time through real-time images, secure communication or media sharing, and it will be able to reach a further level in terms of time and location.
16. Supply Chain Management
Installing 5G sensors on a device can provide all the immediate and massive amounts of data to those involved. This data may contain location, temperature, humidity, pressure or other information that is critical to the supply chain.
With the development of 5G, the restaurant industry will be able to increase interaction with consumers and reduce raw material costs.
There are many tripartite collaborations between governments, tourism operators and technology companies, or tourism operators research and develop 5G connectivity technology on their own to create "smart tourism" that immerses tourists and improves the travel experience.
Communication is the key to military strategy. The instant data collection and transmission of communication network equipment is crucial, and 5G technology can maximize data transmission speed.
20. Advertising and Marketing
5G can transform display advertising into an "immersive experience" that brings content and audiences closer together.