At this point, it’s no news that the virtual is replacing the physical and the post-COVID world will be more digitally inclined and innovative than what we were used to before the pandemic, but then, isn’t it a good thing? Seeing how 5G technology has become a major part of almost every industry at the moment and how there is a growing interest in associated topics like robotics, blockchain, and data analytics.
Before the pandemic, there were so many discussions and predictions about which tech would take over industries and even the entire world’s operations in the coming years. Topics like Cybersecurity, AR/VR, machine learning, etc. were on the top 10 lists of these predictions. Still, at this moment, where the pandemic has greatly changed the entire world’s system of operation, some of these topics have paved way while new hot topics like 5G have paved its way to the top.
Focusing on protecting the individuals and curbing the spread of the virus, researchers all around the world took to using MedTech/BioTech to carry out tests, develop vaccines, and learn about potential therapies. We’ve also seen various health companies take up digitalization to provide individuals with virtual clinic trials, remote care, and even virtual mental health support. It is quite obvious that these trends would become the world’s new norm, even in the post-COVID era, thus improving telemedicine.
Pre-COVID, there were still some doubts about how valuable blockchain platforms were to businesses. Still, seeing how the pandemic exposed substantial flaws in the data and connectivity exchange in the global supply chains, blockchain has helped improve business transparency and provide connective and interoperable networks. With this, even healthcare systems have adopted the idea and use it to track down infectious disease outbreaks by providing efficient responses and accurate reports, managing crises, tracking donations, and securing medical supplies seamlessly.
It’s no doubt that we live in uncertain times, thanks to the COVID-19, technology like IoT (Internet of Things), and 5G are steady to provide the “easy life” for individuals and organizations. According to statista.com, there were about 26billion IoT devices in 2019. Still, this number is estimated to increase to 30.73 billion in 2020 and 75.44 billion in 2025, increasing its market value by $150 billion, with each US resident having at least 15 IoT devices by 2030. Each IoT device is expected to improve its user’s quality of life while providing them with comfort.
5G networks are already in use in some parts of Asia. This is the future of cutting edge technology and hitch-free communication, creating connectivity with zero-distance between connected machines and people. Imagine the stable connections, fast download, and super-fast internet speed this provides its users with.
The stay-home order across the world has impacted a rise in bandwidth demand, especially with employees working-from-home and students taking online classes. The introduction of 5G technology aims at providing sufficient bandwidth to rule out the existing network challenges.