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!