Issue #14: Get in on the 5 G Service Utility Market

Issue #14: Get in on the 5 G Service Utility Market
Photo by Mathew Schwartz on Unsplash


Broad Opportunity

As we dive into the realm of connected smart grids, energy management will become more efficient, by reducing electricity peaks and the cost of energy overall.

Today we'll talk about 5 G, which is as much as 100 times faster than existing 4G networks. We're not talking about an upgrade to your phone service. This is a step forward, that will open up opportunities for service—peripherals, where 5 G provides the central scaffold.  

A $664.75 billion industry in the making

Did you know that the 5 G services market has the potential to grow at a 46.2%% CAGR? It’s expected to be worth a whopping $664.75 billion industry by 2028. Wow!

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