OK. So I will admit right from the start that this is not entirely about payments. However, if you read between the lines of this GSMA report,you will start to see the enormous opportunities for seamless, frictionless payments – aside from that, you all love tech.
The combination of 5G, artificial intelligence (AI), smart platforms and the Internet of Things (IoT) form the basis of what we call ‘Intelligent Connectivity’.
With more than 5.1 billion unique subscribers and nearly 9 billion connections globally, mobile is already one of the most widely deployed technology platforms ever. However, Intelligent Connectivity takes this further and marks the beginning of an era of highly contextualised and personalised experiences, underpinned by ubiquitous hyper connectivity.
It is set to impact almost every aspect of our daily lives from the way we consume entertainment to the way in which we learn and interact with colleagues. It will give people the information they need in an instant making our lives more productive and efficient.
It will impact how entire industries innovate and operate, how societies interact and thrive and how economies flourish.
We will watch live sports coverage in ultra-high definition via Augmented or Virtual Reality headsets and see the game from an athlete’s perspective; our cities will deploy traffic control systems that use 5G connectivity to instruct vehicles when to slow down and when to accelerate removing the need for traffic lights and speed cameras.
We will see smart platforms powered by (AI) and machine learning will enable us to make improved decisions and deliver higher quality products and services. 5G is already on the way with commercial launches expected this year in the United States, China, South Korea and the UAE.
GSMA Intelligence forecasts that there will be more than 1.3 billion 5G connections globally by 2025, covering 40% of the global population. 5G networks will underpin this revolution.
It is an opportunity to create an agile, purpose-built network tailored to the different needs of citizens and the economy. It will improve network capacity, throughput and responsiveness.
Underpinned by hyper connectivity and low power wide area IoT networks, the fusion of these groundbreaking technologies will change everything, improving our lives in many different ways and intelligently connecting everyone and everything to better future.
The potent combination of 5G, artificial intelligence, smart platforms and the Internet of Things will change the world. Drawing on interviews with mobile operators, investors and analysts, this report describes some of the exciting services and experiences that could be enabled by intelligent connectivity:
Entertainment gets rich and social – With 5G, digital entertainment is set become both richer and more social. High-speed wireless connectivity will deliver 4K and 8K video, holograms, augmented reality and virtual reality applications for gaming and immersive TV, while bringing people together to enjoy live events, such as sports and concerts. 5G could enable spectators to enjoy a 360-degree view from anywhere in the venue.
Safe and swift transportation – Vehicles and bikes will relay their position to other road users in real-time, enabling intelligent connectivity to instruct vehicles when to slow down and when to accelerate, thereby removing the need for traffic lights, speed cameras and other systems.
The dawn of Industry 4.0 – Intelligent connectivity is set to drive a fourth industrial revolution in which computers and robots continually optimise production and maintenance in highly flexible factories and plants. 5G will deliver ultrareliable and low latency connectivity by employing edge computing and network slicing, which allows specific services to be prioritised.
Reliable remote control – In both their personal and professional lives, individuals are going to have much closer control over their assets. Tactile Internet applications will become increasingly viable, allowing for the perception and manipulation of remote objects using touch and proprioception.
Information and offers on-demand – People will have easy access to an increasingly intelligent personal assistant in the cloud, while connected glasses or contact lenses will display personalised information and offers.
Continuous health monitoring – Individuals will routinely wear connected wellness and security monitors providing continuous information about their vital signs, while enabling emergency alerts in the event of a fall or an attack. 5G will help healthcare managers to maximise the use of scarce resources and ensure that clinics don’t run out of critical medicines and equipment.
Smarter and sharper security – Continuously connected cameras, sensors and alarms will make both private properties and public places more secure, while cloud-based facial recognition systems could be used identify and spot offenders in real time.
Immersive education and training – trainee engineers, mechanics and medics could learn how to perform specific tasks by following instructions relayed via AR or by using VR simulations. Similarly, 5G could enable these technologies to be used to teach science and geography students about specific habitats and environments.
Waste not, want not – Consumers and companies will have real-time information on everything from soil acidity to water pollution to the availability of parking spaces, increasing efficiency and reducing waste, while better managing energy usage.
Smarter cities and buildings – Connected sensors and actuators will give municipalities, organisations and individual citizens the ability to monitor what is happening in and around their properties and control access.
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