What’s the buzz about 5G?
Report by KPMG in 2019 estimates that US$4.3 trillion in value can be unlocked by 5G across major industry verticals. The firm derived this number by analyzing how 5G use cases can address challenges faced by specific industries.
The use of technologies like IoT, AI, AR and VR, which are enabled by 5G, can create new products or revenue streams, save costs and increase resiliency in various industries. It can also transform businesses to be more agile and flexible.
For instance, the KPMG report presents a case study of how 5G can transform the manufacturing industry. Currently, many factories are run on a linear process, where machines are pre-set and managed by people.
Read the full article as published by The Edge Malaysia or click here to read the online article.
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