What is 5G, And How Can Investors Jump On This Emergent Technology?
We’ve been hearing about this new 5G technology for years and how it is going to revolutionize our lives, make autonomous vehicles, the Internet of Things possible, and reduce cholesterol levels. Ok, maybe not that last one, but it has been touted as being a Very Big Deal. So just what is 5G?
- 5G refers to the 5th generation mobile network. It is a set of technology standards that drive very low latency with a very large number of simultaneous connections allowing for data transmission at very high speed. Say that five times fast.
- It also tends to be used as a shorthand method for referring to a series of spectrum bands.
- It is also referred to in use cases, such as with the aforementioned driverless cars.
- It is also used to distinguish a certain class of devices from others. For example, while Apple’s next-generation iPhone will be the iPhone 12, its being commonly referenced as Apple’s 5G iPhone.
