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Testing of the 5G standard by US telcos Verizon and AT&T has already begun, with the roll-out of the latest iteration of wireless signal likely to be a commercial reality by 2020.
As the name suggests, it will be the 5th generation of wireless signal, and along with it will come many features, the best being speed. How will this affect electronics? In many ways.
Worldwide, there is an estimated six billion devices connected to wireless technology. By 2020 the number is set to more than triple to almost 21 billion. Until recently the majority of wireless devices were smartphones, tablets, televisions and laptops. However, with home automation sales also set to increase by up $28 billion by 2020, there is plenty of scope for producers of electronics componentry.
Some products that will be taking advantage of 5G super speed include cars, door locks, home appliances, security cameras, gaming consoles, drones, wearables, and even things such as dog collars and virtual reality (VR) devices.
Although most of these devices exist in a manual form, as the growing middle classes in developing countries adopt the latest technologies, wireless appliances and gadgets will all need electronic componentry. With such a proliferation of products expected in such a short time frame, and well into the future, the electronics components industry has a chance to jump on what could be a lucrative bandwagon.