What is the impact of 5G on industries?

5G allows for downloading of a full HD movie within a few seconds or less. This is impressive and opens up for improved efficiency of so many kinds of technologies as things in the digital space will begin to happen more instantly than they do today. The benefits of 5G are endless. The high speed and reliability that it comes with will enable enhanced use of other life changing technologies like Artificial Intelligence, Internet of Things, Virtual Reality and Augmented Reality.

When it comes to the impact on industries, given the diversity of 5G application, almost all industries will stand to benefit from 5G. Once 5G is fully operational, there may be no need for any kind of cable or wire to deliver entertainment or communications services. Government, regulators, land and building owners, manufacturers and other stakeholders are required to work together to enable the roll out of 5G. With faster connection, comes endless innovation, and therefore almost every aspect of life and business stands to benefit from 5G.

HarvyT hosts Kevin Ssemwogerere who is a Chartered Accountant and Digital Innovator on the Area Code show, to hear his independent Tech Business Insights.