5G network technology, the 5th generation mobile communication technology standard for broadband cellular networks, featuring higher speed, lower latency and greater capacity. It is a network infrastructure that connects human, machine, and things. According to the International Telecommunications Union (ITC), 5G supports three generic services: enhanced mobile broadband (eMBB), massive machine-type communications (mMTCs), and ultrareliable low-latency communications (uRLLCs).
With the rapid development of Internet of Things (IoT), the data collected by IoT devices increases exponentially. Sending all the collected data to data centers or cloud platforms for processing will cause unacceptable latency. This leads to the rise and popularity of edge computing technology. With edge computing, some of the data compute occurs at the edge of the network, closer to where the data was collected. Edge computing allows companies to build edge computing nodes closer to devices to filter the device data and process the data locally, then upload the processed data to the cloud platform. Such process reduces data bandwidth and relieves the load of the cloud platform.
Speaking of today’s evolving industrial automation, data plays an increasingly important role in operating systems and software applications that develop in a smarter, faster and more efficient manner. For manufacturers, the most influential information they master comes from data of operational technology (OT). After all, the ultimate goal of a manufacturing company is to produce finished goods from raw materials in the most efficient way possible and to sell those finished goods to customers.
According to the latest data from ABI research, private LTE market taken up by healthcare, transportation and logistics, industrial manufacturing, smart cities, oil and gas will be worth $16.3 billion by 2025.
In the context of the fourth digital revolution, all the devices at the ‘things’ end are transforming from stand-alone units to the constituents of the Internet of Things (IoT) that can perceive and express. With tens of billions of devices going online and becoming smarter, the physical world is being reshaped. 5G RedCap, Wi-Fi HaLowand other advanced communication technologies will accelerate the transformation from IoT through AIoT, digital twin, and metaverse. It is estimated that the number of IoT connections in China will reach 20 billion in 2025. Together with mass connection, things capable of perceiving will drive the digital process of all industries and ultimately achieve intelligence.
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