- 5G is the fifth-generation wireless technology that brings three things to the table: Lower latency (Responsiveness), Wider channel (Speed), and more bandwidth (connect to IIOT devices). After the incredible achievement of 2G and 3G mobile networks and the rapid growth of 4G, innovative mobile networks (5G) are planned to target and deliver infinite networking proficiency to mobile users. It aims to include and benefit from numerous existing technical advances including 5G IIOT (Industrial Internet of Things).
- The 5G IIoT merges several heterogeneous networks, such as wireless local area networks, sensor networks, mobile networks (3G/4G/LTE/5G), wearable healthcare systems, and wireless mesh networks. It is vital to design smart protocols and self-organizing for heterogeneous ad-hoc networks in numerous IoT applications, such as cloud computing, cyber-physical systems, data acquisition, large-scale sensor networks, from allocated smart devices, environmental monitoring, and control, green communication, and applications.
5G IIOT: Dynamics
- Demand for low latency and high-reliability networks is increasing in manufacturing industries. Delays in communication networks in computers refer to the time a data packet takes to travel. Low latency leads to a huge data transmission rate. Delays in communication over a network of 5G are almost 50 times lower than the existing 4G network. The 5G technology is estimated to offer a latency of 1 millisecond, while in 4G, the latency rate is 50 milliseconds.
- Demand for 5G IIOT in manufacturing industries is significantly high. A 5G private network delivers numerous advantages in terms of security and efficiency; numerous manufacturing organizations and former end-users are expecting to deploy these networks. Private 5G networks can become the upcoming communication platform of the industry, as they would be able to deliver improved bandwidth for an improved number of associated equipment and the equivalent data being transferred at the factory floor.
Key Players Operating in Global 5G IIOT Market
Honeywell International, Inc., ABB, Ltd., Qualcomm Technologies, Inc., Ltd., NEC Corporation, Huawei Technologies Co., Ltd., STL — Sterlite Technologies Limited, Nokia, Telefonaktiebolaget LM Ericsson, Cisco Systems, Inc., CommScope, Hitachi, Ltd., Airspan Networks, Inc., Equinix, Inc., Qorvo, K T corp., and NTT DATA Corporation
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