Friday, November 22African Digital Business Magazine

Tag: market report

Tech

5G Technology brings a new vision of the future for 5G Service Industry

5G is a next-generation technology in mobile broadband that will enable exponentially faster uploads and downloads. The global 5G services market is growing at a CAGR of 17.7% during the forecast year. The 5G service is primarily being adopted across industries due to the faster connectivity it offers, as compared to the current networks available. The Internet of Things (IoT), along with 5G, is used in smart cities, smart farming, smart homes, and others. The market for 5G services are rising due to the need for reduced latency in communication and increased reliability of the network. The 5G service is expected to grow continuously due to increasing data traffic and the adoption of the service in IoT devices and various such uses. The use of 5G in infrastructural developments such as sm...