massive volumes of transferred data Jun 25th, 2021   [viewed 23 times]
Greatly reduced latency (5 milliseconds to transmit data), which is critical for machine-to-machine communication, real-time remote control and maintenance of devices. 1K times higher capacity, that translates into the growing number of connected devices seamlessly communicating and transferring data in real-time. Thus, the 5G-powered IoT ecosystem will be able to reach its full connectivity potential applied to different aspects of our lives. Enhanced bandwidth (covering massive volumes of transferred data). Due to 5G RAN (Radio Access Network) architecture based on 3GPP specifications, telcos will be able to manage network traffic and sudden spikes more smoothly. All this results in a more stable connection at any time of the day. At the moment, mobile network operators (MNOs) (Vodafone, T-Mobile, AT&T, Verizon, etc.) are blazing a trail to 5G mass adoption. To connect their IoT devices with the telecom network, MNOs rely on such 5G technologies as Narrowband IoT (NB-IoT) and CAT-M1 (aka LTE-M). These are technologies that empower massive IoT allowing to connect low-cost and low-complexity devices with longer battery life and rather low throughput. Here are all cellular IoT segments leveraging 5G capabilities According to the Ericsson study, 25% of 114 service providers have already rolled out both technologies (LTE-M and NB-IoT), forecasted to account for 52% of all cellular IoT connections by 2025. In the next four years, 5G-enabled IoT connections will grow by 1,400% (from over 500 million in 2020 to a staggering 8 billion in 2024). 5G IoT will be one of the leading telecom industry trends this and the following years allowing Communications Service Providers (CSPs) to finally monetize their IoT connectivity programs. Another research showed that telcos could only receive 2% of their total revenue from implemented IoT initiatives. The problem with IoT connectivity monetization is high competition in the market and a pool of connectivity solutions available for much lower prices. More info: cloud architect