This piece discusses 5G’s potential and reviews the beneficiaries of the technology.
The fifth generation of mobile communication networks, or 5G, is bringing faster and more reliable cellular and internet connections—similar to previous generations. We are now seeing these advanced networks being widely deployed here in the U.S. by the major telecom providers. Phone and other equipment manufacturers are also currently developing products to take advantage of 5G technology. 5G is set to play a major role in advancing future productivity (the critical driver of higher living standards).