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Industries That Will be Impacted by 5G

Industries That Will be Impacted by 5G

Industries That Will be Impacted by 5G

When consumers think of 5G, they probably imagine all the ways it will improve their phone capabilities. But the future of 5G is going to do a lot more than change cellphone technology. 

It’s true, 5G will create an entirely new mobile experience in the coming years, delivering speeds up to 100 times faster than most 4G technology, including 4G LTE.

That equals stronger connections, lower lag, and faster communications.

 In the next few years, the mobile landscape is going to look much different, thanks to the new and exciting possibilities of 5G. But the latest in wireless network technology will bring about a lot more than improved cellphone capabilities. 

It is set to change the game for a variety of industries and technologies. 

When you’re experiencing 5G technology and need to find electronic parts for your devices, you can always count on us to be your number one electronic part finder

Let’s see a few technological advancements 5G has in store for us – that aren’t mobile-related.  

Autonomous Vehicles & Smart Cities

Autonomous vehicles are already doing impressive things. 

After all, some vehicles can drive themselves to a destination by using a myriad of in-vehicle technologies. In the coming years, as we begin to feel the effects of 5G to a greater extent, vehicles may begin communicating with each other (and everything around them), while providing useful information to drivers, like road conditions and traffic hazards, as well as information to automakers. 

Vehicle-to-vehicle and vehicle-to-infrastructure will roll out with very low latency. This new technology application is called cellular vehicle-to-everything and is made possible by 5G technology.  

5G will also bring about the Internet of Things (IoT) device technologies that can make cities “smarter” and much safer. 

Traffic signals and infrastructures may soon be able to communicate with vehicles, and vehicles will communicate with other vehicles and pedestrians, thus reducing the risk of accidents and may even de-congest roads.  

That’s still a long way down the road, but when it comes, it will be a huge step in enabling a smart city infrastructure. 

5G Impact on Healthcare

Imagine never having to leave your home to receive medical attention. 

In the coming years, remote home monitoring systems can make it possible for doctors to evaluate patients and provide prescriptions virtually. Patients who live in rural areas and can’t get to a doctor quickly will be able to receive medical attention at home with a short video call. 

We’re already seeing the rise of telehealth (distribution of medical services through electronic devices), but the quality is unexceptional. 

Doctors who interface with several patients are experiencing slower network speeds, which ultimately decreases efficiency. 

5G technologies may be able to offer faster speeds to meet the growing demands of the healthcare industry and improve patient outcomes. 

The Retail Industry 

Even retail is going to look a lot different with the faster speeds and low latency 5G will bring. 4G LTE revolutionized virtual shopping, as more than 100 million Americans made purchases on their smart device in 2018. 

But soon, we’re going to adopt many exciting, new virtual retail experiences, like virtual reality dressing rooms. 

5G technology will also bring about increased speed (more than we’re currently experiencing), for instant purchasing, and security, allowing customers to feel safer when making purchases on their smart devices.

If your devices ever fail and you can’t find parts to repair them, don’t panic. We’ll be able to locate all hard-to-find electronic parts so you can shop easily. 

5G is Here 

Make no mistake, 5G is here today. 

Not everyone has access to it, and those who do are mostly experiencing 5G through their smartphone (and what they’re experiencing doesn’t feel much different than 4G LTE). 

The rollout of 5G is happening quickly, and consumers are adopting it much faster than its predecessor. Most of the major phone manufacturers are urging customers to purchase new smartphones that can support 5G, and it has already been deployed in over 60 countries and has created millions of new jobs across the globe. 

We’re sure to see a greater impact in the coming years, and when that happens, our electronic parts company has your back when you need to locate hard-to-find electronic parts

It’s said that 5G will improve many industries, but the latest wireless technology network may also create entirely new industries. 

Just like 2G brought us email, and 4G showed us the possibility of intelligent car features, 5G will likely bring us advancements we have yet to imagine.