I want to start by saying that our thoughts are affected by COVID-19, and I hope everyone is safe. one thing that this unprecedented situation has made clear is that connectivity is an essential part of our daily lives and of the global economy. It affects the way we work, how we have fun, and how we stay connected with family and friends. And let us do this here today.
5G Networks Plan to Advance all Over the World
With the pandemic has come a tremendous increase in data traffic, reinforcing the need for five G, and with 5G, wireless technology has become the superior connectivity technology, delivering increased performance and capacity, unlocking new services and experiences that serve to make the world more resilient in the face of global challenges.
The commercialization is accelerating around the world. We truly applaud the incredible efforts and progress of the ecosystem during these extraordinary times. It didn’t slow down this technology, in just over a year 70 carriers have launched 4G networks with more than 310 investing in the technology right now.
This includes deployments in millimeter wave and spectrum less than six, and Qualcomm projects 750 million 5-G smartphones to ship in 2022. A year later, 5-G connections are forecast to exceed 1 billion, two years faster than what happened. in 4G, and by 2025, 5-G connections are expected to reach almost 3 billion connections worldwide. We are also entering a new era of intelligent cloud connectivity powered by 5-G and AI. Everything will be perfectly connected to the cloud and to each other.
5G and AI
Devices will be inseparable from content, data, and computing power and storage, which is available in the cloud, driving innovation with much greater efficiency. All driven by 5-G fiber-like speeds and low latency and advanced processing capabilities that allow us to bring new levels of intelligence to all devices at the edge. The combination of 5-G and AI will affect practically every aspect of our daily lives. But to scale AI, we must focus on driving distributed intelligence across the network.
Today, intelligence resides in the cloud and increasingly in the device itself, but it is simply not practical to send everything to the cloud with the huge amount of data expected from billions of edge devices. So we’re bringing processing content and control closer to where the traffic is to truly create the Edge Cloud, reduce latency, drive new applications and services, increase performance, personalization, and security and deliver greater value to devices on the edge of networks. And a great real-world example of this approach is what Verizon is doing with its 5-G Edge platform.
Verizon 5G Edge Platform brings together Verizon’s 5G network with AWS cloud services to drive innovation at the edge. Extending from the AWS cloud, Verizon’s 5G edge computing platform integrates AWS capabilities into their 5G networks, enabling customers and developers to build and deploy applications that will take advantage of 5G latency as well as the speeds of applications running on the edge, enabling a single-digit millisecond latency on mobile and connected devices. And those use cases powered by machine learning will create many new applications ranging from autonomous industrial equipment, smart cars, virtual reality devices, and much more. And we believe that 5G will be essential to build a more resilient society.
At Qualcomm, often said that 5G would be like electricity. It is simply expected to be there, wherever we are. We will no longer discuss use cases. We can just assume it’s there because we need it, and the last few months have revealed that the need for powerful, secure, and reliable connectivity is right now. To create greater resilience for society and the economy, we need that to support education, healthcare, and social interactions.
What is the Impact of 5G on the World?
Let’s take a closer look at the ways that 5G will affect each of those segments. In education, 5G can make education more resilient. At the end of April 2020, 1.7 billion students were studying remotely, and the shift to online courses has drawn increased attention to the broadband gap in education.
5G can help connect all students, enabling learning that can happen anywhere with access to high-quality intelligence, personalized content, and real-time interactivity. 5G equipment will be a powerful solution for connected education. And Qualcomm is calling on operators around the world to join the 17 already launching or planning to support 5G equipment. This can help society bridge the gap of the digital divide and ensure that the next generation is truly future-ready.
5G can also help create a more resilient healthcare system. In the United States, more than 1 billion virtual care visits are projected this year and this trend is likely to be permanent with 50% of the United States healthcare services expected to be performed virtually for by 2030.
The future of healthcare is always connected, data-rich, cloud-enabled, secure and reliable, and will be powered by 5G, which supports high-quality video, big data, and real-time interaction. For example, EMT making images or video with real-time connection to the doctor in the emergency room to increase care. The goal is to spend access, improve performance, and reduce costs for a sector that accounts for almost 10% of global GDP. But beyond that, social presence has become even more important during these times.
Now it is clear that connectivity keeps us connected, and we all experience the need to be connected with family and friends, but with 5G we will have much richer and more persistent social interactions. It starts with the video and will evolve to include mixed reality, virtual reality, augmented reality, creating new levels of realistic interactions that are more realistic and satisfying.
Will 5G play an important and similar role in economic development?
This helps to keep relationships strong and enhance cohesion. Roughly a decade ago, the industry was talking about this future, it just has arrived right now. And 5G will, of course, be essential to building a more resilient economy. When we connected the phone to the internet, people had not yet imagined applications and companies like Uber.
It was mobile technology that enabled Uber to exist. 5G will play an important and a similar role in economic development, providing the technology foundation that will help countries transition to more innovation like driven economies and complete their process of digital transformation, unlocking innovation across entire supply chains from resources to retail, making cities smarter and more efficient.
According to the IHS, the economic impact of 5G is expected to be vast, enabling up to 13.2 trillion in goods and services by 2035. This underscores the significant impact 5G will have beyond the mobile industry. In 5G, we’ll transform work and support a growing mobile workforce. Enterprise workflows are moving to the cloud and becoming more intelligent to optimize data management.
This system must support the workplace everywhere, as connectivity fuels productivity 5G will be essential, allowing employees to stay connected to corporate databases, public and private clouds, and more. After the experience of recent months, 84% of companies are at least somewhat likely to have employees continue to work from home and robust 5G connectivity will be key to helping them stay productive.
What about cost-effective coverage for home and the enterprise with 5G
We also see fixed wireless broadband playing an important role in providing cost-effective coverage for home and business, and Qualcomm is uniting 5G and Wi-Fi six in devices to drive these opportunities across all segments. And all of this can only be done with Spectrum, and Spectrum is, and will continue to be, critical to unlocking the true potential of 5G. 5G needs spectrum in all bands, low, medium, and high.
Today’s low bands support widespread 5G coverage. And mid bands provide a balance of coverage, capacity, and performance, but millimeter-wave bands are essential to achieving multi-gigabit data rates in wireless fiber performance.
The massive capacity required for a next-generation immersive experience in seamless business cloud connectivity, as well as new industries, will require millimeter waves. And based on the real-world data captured by the OOKLA speed test during the first quarter of this year on 5G devices, it is very clear, the average speed of the 5G millimeter wave in the United States is 900 megabits per second on average, four times faster than 5G sub-six, and top speeds on the order of two gigabits per second.
The millimeter-wave momentum continues to build with more than 120 operators investing in Spectrum bands. 5G isn’t about millimeter waves or sub-six, it’s about everything. And this is how 5G was designed, and this is how we will reach its full potential. And we, as a company, remain focused on leading the world towards 5G, inventing innovative technologies and products that drive this new era.
Our platforms and solutions have helped empower and expand the ecosystem to new industries and accelerate innovation globally. 5G is for everyone, and everyone will be able to experience the benefits of 5G as we move around the world.
5G fueling the future of work
Companies are now rethinking physical and digital spaces as they seek to reduce the need for office space and air travel. XR and holographic telepresence will enable new and exciting ways to interact with colleagues and clients, driving virtual collaborations from a shared holographic space where they can work in real-time and still feel connected.
These virtual collaborations will be powered by 5G and ubiquitous cloud platforms that can be accessed from virtually anywhere, making the home an extension of the business. All of this translates into increased productivity and efficiency, and these new capabilities will open the door to an expanded set of opportunities for the global economy. The impact of 5G in virtually every industry will be significant and far-reaching as well as disruptive, enabling new business models, new services, new ways to engage customers, supporting the future of manufacturing in Industry 4.0, providing ultra-reliable, low-latency connectivity.
For industrial automation and control as we celebrate the future of transportation and logistics with smart connected vehicles and much more. We will see the news that we have not yet imagined. And it will take a mix of deployment models to make the 5G vision a reality.
Public mobile networks will serve as the foundation for 5G, providing the performance and capacity necessary to power an incredible variety of applications and services, but there is a growing need for private networks that provide optimized secure services with greater flexibility with special applications for the enterprise. and the industrial sector, supporting everything from industrial automation to intelligent configurable factories to the modern connected enterprise.