The introduction of 5G is anticipated to have an impact on several industries, such as healthcare, education, and employment.
As part of the annual Indian Mobile Congress (IMC) on October 1 in Delhi, Prime Minister Narendra Modi will announce the start of 5G services in India. We can now safely assume that 5G will deliver significantly quicker Internet speeds than either the currently available 4G or any previous iterations. Greater bandwidth will have far-reaching consequences, however, including improved access to essential services like healthcare and education as well as, of course, the creation of many new jobs.
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Prime Minister Modi has announced that he wants India to have a $5 trillion GDP by 2024-25. An estimated one trillion dollars in economic activity will be spurred by 5G by 2035. It has been estimated that between 2025 and 2040, the adoption of 5G could add $150 billion to the country’s GDP.
India has more than 117 crore users, making it the world’s second-largest telecom market behind China. The vast majority of Indians (about 98%) currently have access to telecommunications through smartphones, and 5G will assist improve services in areas such as smart cities, electric transport, and more by creating a more connected ecosystem.
What changes might we anticipate as a result of 5G?
It’s crucial that we, as consumers, have a firm grasp on how 5G will affect us before we can move on to discussing its broader effects.
Verizon, a major U.S. telecommunications company, claims that with 5G, users will be able to access download rates of up to 20Gbps. When compared to the maximum speeds of 4G (100 Mbps) or 3G (2.0 Mbps), the potential benefits become clear.
While other Indian telecoms witnessed outstanding download speeds, the peak speed achieved during Vodafone Idea’s 5G trials in Pune this year was 5.92Gbps.
Exactly how, then, can the boosted velocity benefit us? Here are the norms:
> On 5G, it takes only a few seconds to download a three-hour-long movie in high definition. Using 4G would take anywhere between ten and fifteen minutes.
No buffering is excellent when watching videos on YouTube or other OTT services.
Disconnected calls must cease to be the norm.
Better connectivity means less lag and more seamless video chats. The clarity of video calls should vastly improve.
All communications and data transfers must be instantaneous, at least as fast as those made possible by modern broadband connections.
It will take no time at all to link up any number of high-tech gadgets, whether they are smartphones, smart TVs, or smart cars.
During times of natural disaster, emergency services should have access to improved connectivity and communication. 5G speeds will also benefit emergency tracking services.
To take full advantage of 5G speeds, however, you’ll need a phone that supports that technology. Current smartphones may not be compatible with 5G networks (especially if the handset you use is more than two years old). If your phone doesn’t support 5G, you should upgrade to one that does. More 5G smartphones from various brands are expected to debut at the Indian Mobile Congress, with rumours already circulating that Jio will unveil the dirt-cheap Jio Phone 5G.
Industries that can make the most of 5G
Now, let’s take a closer look at a few industries that stand to benefit greatly from the arrival of 5G.
More 5G phones & other 5G-ready gadgets will be needed, as was noted previously; this should lead to a welcome increase in manufacturing activity. The positive effects of 5G technology and applications will ripple out into other industries, including retail. The industries that provide after-sale care and sell previously used goods will also benefit from increased product sales.
Moreover, the core is exploring a complete local manufacturing transition. Noida, India is home to Samsung’s largest mobile manufacturing in the world. The newest models of Apple’s iPhone, the 14s, are also made in India. In India, the annual sales of cell phones are around 15 million. Ericsson, Nokia, & Motorola are just a few of the major mobile device manufacturers with offices in India. In all likelihood, 5G will be a boon for India’s phone manufacturing industry.
Increased use of remote-controlled technologies in dangerous factory settings is a direct effect of 5G’s superior network connectivity. Large-scale automation in factories is also recommended because of the benefits it brings to production, efficiency, and management.
The healthcare industry will see significant efficiency gains as a result of patients’ constant access to their electronic medical records. Likewise, diagnostic services may be expanded through the use of remote health monitoring. If video calls can be made easily, telemedicine will experience a huge uptick.
While the lockdowns caused by the epidemic demonstrated the importance of remote learning and virtual classrooms in times of crisis, 5G connectivity has the potential to make it much simpler to access world-class programs from anywhere.
Lifestyle: 5G will make augmented and virtual reality (AR/VR) gadgets more accessible to the public. The rate of data transfer and downloads will improve, as was previously announced. Low latency improves in-game communication and makes online gaming more enjoyable for everyone involved.
Employment opportunities: As 5G networks become more commonplace, more positions will become available in related fields such as network administration and upkeep. The future looks bright for Web 3.0, Metaverse 2.0, and online gaming markets. More job opportunities are anticipated as a result of the proliferation of new businesses that will emerge to support the development of 5G networks.
In what ways does India’s 5G rollout confront difficulties?
The major issue right now is the lack of availability of cheap 5G smartphones. Most 5G-ready phones cost around Rs 20,000 right now, which may not be an issue for city workers but may be prohibitive for those living in rural areas.
Prices at the checkout counter could start a little higher than expected. Both the introduction of 3G and the introduction of 4G in India resulted in price increases. It’s reasonable to assume that the current cost of 5G services is higher than it will be in the future.
Only a few cities in India will have access to 5G at launch. There should be a window of at least two years for a successful rollout over the entire country.
Finally, many small cell stations will have to be installed to support the 5G network. Telecommunications companies will need some time to set up these 5G cell stations throughout areas, although they are not as large as 4G towers & could be installed on conventional lampposts or rooftops.
To be fair, we won’t have a solid grasp on the 5G user experience until the service is fully launched.
