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Several providers have ‘announced’ launches of 5G service later this year. 5G will be a game changer in terms of speed, latency and capacity, but to achieve these benefits there are many complicated variables that must be addressed before a true 5G offering can be introduced.

The introduction of 5G will be very complex. Industry standards must be agreed upon, all new hot spots must be deployed by providers, compatible devices must be designed and manufactured. And since the capacity of 5G is so much higher than 4G, major infrastructure changes will needed as well.

The G in 5G has nothing to do with speed – it stands for generation. Each generation of wireless technology has had faster data transmission speeds and utilized a new encoding method that was not compatible with previous generations. Recent moved from 2G to 3G and 3G to 4G went largely unnoticed by consumers. But that will not be the case as 5G, as the changes will be significant.

The most noticeable difference with 5G will be the faster download speeds and shortened latency times. The standards bodies involved are aiming at 20Gbps speeds and 1ms latency. But the exciting part of 5G is the whole new world of innovation and connection it will enable. 5G will unleash a whole new wave of innovation in the fields of virtual reality, drones, and many of the other tech-centric up and comers which are taking the market’s attention by storm.

The Internet of Things (internet connected devices) will take off when 5G is live. The amount of bandwidth and near-zero latency required to connect devices together isn’t possible on the 4G network. But it is on 5G.  Self-driving cards will become a reality, interacting with connected stop lights, weather stations, crosswalks and other cards to enable a safe driving experience. Doctors will be able to use haptic interfaces and real-time sensors to examine a patient’s body from a distant operating room. Similarly, the construction industry can use 5G to operate heavy machinery remotely. Virtual Reality technologies are also ones that will flourish in a 5G world.

The possibilities for 5G are truly endless, but the its going to take time to implement. Good things come to those who wait!