Growth Opportunities for 5G in Process Industries

Integrated Digital Technologies and Internet of Things Connections Drive Smart Manufacturing Transformation

The organizational and economic benefits of industrial digitization are increasingly clear and quantifiable. In addition, the falling prices of technologies such as machine learning, deep learning, edge computing, and big data analytics encourage transformation towards innovative business models where large amounts of interconnected devices are required within an industrial or manufacturing plant.

The limitations of 4G networks position 5G technologies as key elements of the Industrial Internet of Things (IIoT) and Industry 4.0. The increasing amount of data transferred, the large number of connected devices, the ability to handle videos and images of very high definition, and the need to monitor real-time information are just some examples of what make 4G networks obsolete. The high bandwidth and low latency that 5G networks allow are driving process industries to partner with strategic 5G providers.

This study analyzes the growth prospects of 5G in industrial applications in the short, medium, and long terms. It details a roadmap of the generation networks, including the main advantages of 5G in industrial appliances

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