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The European Union and South Korea have joined forces in an attempt to get ahead of the game in developing ultra-fast fifth-generation wireless communications networks. South Korea has one of the fastest mobile broadband networks and is home to Samsung. Europe had led the competition in GSM technology, the original standard for mobile networks, in the 1990s, but fell behind the US and Asia in the roll out of faster 4G connections.
The EU estimates a high-definition movie could be downloaded in six seconds with 5G, up from six minutes with 4G. Businesses have repeatedly called on the EU to improve the quality of its mobile communications infrastructure, saying that inadequate networks hinder job creation and growth. According to Neelie Kroes, the EU commissioner for telecoms, 5G will become the new lifeblood of the digital economy and digital society once it is established.
Fast Growth in latest generation of speed and capacity of cellular data exchange
Work on 5G will be driven by the need to deliver another huge increase in network capacity to satisfy ever-growing future demand not only from smartphones and video streaming applications, but also from the ‘internet of things’, which is shorthand for the increasing interconnection of everything from domestic appliances to vehicles and even livestock. Industry experts expect the number of internet-connected devices to double to around 50 billion in the five years between 2015 and 2020. The UK’s telecom regulator, Ofcom, estimates that data demand by 2030 could be 80 times higher than it was in 2012.
Future Trends in Telecom and Cellular Sphere
The European Union’s 5G Infrastructure Association, which is a body that counts companies including Nokia, Ericsson, Alcatel-Lucent, and major European operators among its members–is due to sign a joint development pact with South Korea’s 5G Forum as part of the broader agreement. Potential applications for 5G technology include smart energy grids, connected homes, healthcare, smart cars, and entertainment, the EC predicted. The European Union committed to investing $947 million into a Public Private Partnership on 5G (5GPPP) initiative, which launched in December 2013, by the end of 2020, and predicts private industry will invest five times more than this amount into the scheme.