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5G SURVIVAL KIT

Updated: Feb 20, 2022

It is predicted that 5G, the next generation wireless communication technology, will promote development in consumer, industrial and public areas by providing high speed, low latency, high capacity, high reliability, energy efficiency and high geographic coverage-access. It is expected that one billion users will have access to 5G technology by 2023. With speeds of 500Mbps to 1Gbps (for now), 5G will take our data transfer capabilities to a whole new level.


Like every new technology, positive developments and negative effects are expected in some sectors after 5G. For this reason, I have prepared an article on which areas make sense to focus on to survive.


A study by PWC estimates that 5G deployment will contribute US$1.3 trillion to world GDP by 2030. Another study by BCG predicted a similar impact ($1.4-1.7 trillion) in the United States alone. An IHS Markit study prepared for Qualcomm calculated that by 2035, the number of 5G-related jobs will reach 23 million people. All three studies show that 5G will make great contributions to the economy.


It is necessary to divide this contribution into two, direct and indirect.


DIRECT CONTRIBUTION


Initially, 5G will directly contribute to economic activity through network infrastructure deployment.


We can prioritize the direct contributions of 5G to the economy, which primarily targets organizations (B2B) instead of end users (B2C) who are (for now) satisfied with 4G in many respects:


In the first phase, operators will install enhanced mobile broadband (eMBB), fixed and mobile wireless access services, as well as a basic broadband network (low-midband) for better connectivity and first mmWave deployments in populated urban areas.


In the second phase, operators will expand their 5G networks. 5G coverage will become more available along major transport routes using low-band and mid-band spectrum and in areas with lower population density, and mmWave intensity will continue in urban centers and hotspots such as venues and shopping malls.

In phase three, operators will expand midband and mmWave density between cities, businesses, and main and secondary transit routes. The direct economic impact of 5G will continue, driven by:

  • Using dynamic spectrum sharing (DSS) to share 4G and 5G in the same spectrum band and leveraging existing macro networks to increase coverage and capacity,

  • Upgrade the software of the existing 5G ready network infrastructure,

  • Building new 5G network infrastructure

It is thought that the future value through direct expenditure on capital and labor will represent about 30% of its total potential.


INDIRECT CONTRIBUTION


As 5G networks continue to expand and evolve, there will indirectly be an even greater wave of economic activity (70% of the total economic potential) as the networks will provide new and improved use cases across industries. These activities, some examples of which are given below, will bring significant socioeconomic benefits through higher productivity, improved cost competitiveness and better health and safety:


  • Local private networks: In addition to operators, system integrators who are specialized in the business areas of companies and have a holistic perspective on NT / IT / OT systems will develop solutions that will fill the gap between the telecom world and industries.

  • Real-time process control: Advanced analytics solutions that instantly optimize processes on assembly and production lines and across multiple sites.

  • Image processing: Solutions based on real-time analytics to detect deviations quickly and early in processes such as quality control and inspection.

  • Mobile vehicles: Solutions such as AGVs, drones, forklifts, autonomous transport fleets that can make analytical-oriented navigation and coordination decisions with real-time connectivity.

  • Augmented reality: Solutions where tools such as augmented reality glasses are used in areas such as production, service, logistics and health.

  • New job creation: PPI expects the technological advances that 5G facilitates will lead to overall job gains, not losses. The jobs created by 5G are projected to pay higher than the jobs we will lose due to automation. At this stage, it is not a bad idea to improve ourselves for the jobs that will be created instead of the lost jobs.


I would like to thank our 5G solution partner Opticoms for their feedback on enriching this article.


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