5G officially arrived this year. In certain parts of the US, it’s already providing AT&T users with upload speeds as fast as 500 megabytes per second and significantly reduced latency. It reached South Korea in 2018, and was launched in China in October by three wireless carriers. The direct benefits to consumers will be many, but what about the industries that are quick to leverage the technology?
Industry impact of 5G is already gaining swing for early adopters, and is only going to accelerate further. Qualcomm predicts that 5G will boost global GDP by $3 trillion and create more than 22 million jobs by 2035.