5G is next generation wireless broadband access technology, which promises higher data capacity, high data speed (>10Gbps peak , 100 Mbps everywhere), low latency (<1ms), high reliability and low power consumption vs. 4G. 5G is expected to offer better economics as it can potentially reduce data costs per GB to almost 1/10th of 4G.
5G capabilities could open up opportunities for new use cases like autonomous cars, wireless broadband/fixed wireless, and IoT machine to machine communication, which could find applications in various industries like health care, education, and mining as well as be an incremental revenue stream for telco and non-telco over the next few years.
