Since 2020, the COVID-19 pandemic changed the way India and the world lived, shopped, conducted business, socialised, and even litigated. Indians are getting accustomed to virtual court hearings, online shopping, education, doctors\u2019 consultations, and telemedicine galore.

Everything in the world is moving towards ITeS, which increasingly requires faster data speed.

In this scenario, the demand for 5G will inevitably go up. This is because 5G has the power to transform current industries, create new ones, and influence societies with quicker speed, lesser latency, and greater capacity. In amalgamation, these 5G innovations are likely to change the way individuals connect with everything and each other. In the future, the technology will significantly impact industries such as the focus on safer transportation, banking systems, traffic control, remote healthcare, agriculture, digitised logistics and more. Hence, 5G is poised to transform human life by giving faster download speeds and connectivity for billions of devices, especially in the sphere of virtual reality (VR), the internet of things (IoT), and artificial intelligence (AI).

In the last ten years, through 4G, the mobile app industry has advanced rapidly around services like video streaming, ridesharing, food delivery etc. Next, 5G will expand the mobile ecosystem to new sectors.

As per a survey, during the H2 of 2020, the average Indian data consumption per month, the highest globally, is about 12 GB. It is likely to rise further to about 25 GB per month in the next five years, driven by affordable mobile broadband services, changing video viewing habits majorly due to Covid-19 Pandemic.

The survey further estimates that the total number of mobile broadband subscriptions is set to exceed 1 billion by 2025. The number of smartphone subscriptions increased to 620 million in 2019 which is expected to grow at a CAGR of 9 per cent, reaching 1 billion by 2025.

In the realm of the country\u2019s technological innovations, 5G will further strengthen Digital India, Smart Cities and Smart Village missions for India. Moreover, on the back of the Make in India and Start-Up India missions, the country is optimistic about being known as a global player dynamically engaged in the design, development, and manufacturing of 5G based technology and products.

Smart cities could use 5G for automotive safety, infrastructure, VR, and entertainment. In domestics use, 5G would change home internet service by providing a wireless modem alternative to existing wires.

5G networks offer to deliver significant social and economic benefits in India. Over the period 2023\u20132040, the experts forecast that 5G technologies will make a total contribution of approximately $450 billion to the Indian economy -- 0.6% of GDP\u2014by 2040.

The global telecom industry body GSMA expects India to have 920 million unique mobile subscribers by 2025, which will include 88 million 5G connections. This rapid expansion of the subscription base will entail quick work on making the infrastructure and software ready to adopt 5G, and that, in turn, makes it a motivating sector for job creation. Essentially, it augurs well for the telecom sector, becoming one of India's highest employment providers.

Contemporarily, India has emerged as a mobile-first, digitally thrust economic system. To survive in this environment, technology is essential for all commercial enterprise. The Indian government aims to establish India as a global manufacturing hub with its \u2018Make in India\u2019 campaign; MSME is one of the sectors that will eventually benefit from adopting the 5G technology.

Thus, 5G will allow for higher flexibility, lower cost, and shorter lead times. It is likely to provide the network to keep the manufacturing works connected in real-time with suppliers, customers etc, making them more innovative and significantly more efficient. Also, in the service industry, the technology will connect with speed and efficiency to serve customers online and further modernise the MSMEs.

In India, no one organisation or individual owns 5G, but there are quite a few companies that are contributing to breathing life into this next-generation wireless technology. Accordingly, the Department of Telecommunications recently allowed private telcos and the state-run Mahanagar Telephone Nigam Limited to begin trials for 5G technology and its applications in various sectors. The trials are expected to last for six months, and 5G is expected to be rolled out for specific uses by the end of 2021 or early 2022.

Notably, decade by decade, there has been an upgrade in wireless technology. Hence, the time for 5G has arrived, especially since mobile users are expected to rise about 11-12 per cent by 2022\u20132023, which 4G will not be able to handle. Also, the business use of 5G has soared in a way that was not present in previous generations of cellular technology. Hence, India needs to keep up with this data consuming mammoth with an upgraded wireless technology.","blog_img":"","posted_date":"2021-05-31 11:53:18","modified_date":"2021-05-31 11:53:56","featured":"0","status":"Y","seo_title":"5G technology to accentuate India's growth story","seo_url":"5g-technology-to-accentuate-india-s-growth-story","url":"\/\/www.iser-br.com\/tele-talk\/5g-technology-to-accentuate-india-s-growth-story\/4947","url_seo":"5g-technology-to-accentuate-india-s-growth-story"}">