Bringing with it a digital cache of untapped potential ranging from artificial intelligence (AI) to virtual reality (VR). Companies, enterprises and institutions across multiple sectors are now gunning to become the first within their industries to adopt, implement and fully utilize these emerging technologies that come with such rapid global digitization. In addition to AI and VR, the proliferation of new technologies like the Internet of Things (IoT), big data, blockchain and biometrics are just some of the emerging game changers that have taken the world, particularly Asia Pacific, by storm.
5G will build upon the 4G/LTE networks and thus provide end-users with higher Internet speeds, higher reliability and a much quicker response to information dissemination. These features will inevitably become the bedrock of which future 5G services are able to carry out their individual operations in an efficient and timely manner. The current 4G/LTE networks, while still able to deliver high quality and advanced wireless network services, would not have the capacity to support instantaneous cloud services, communicate with drones and robots, or improve vehicle-to-everything (V2X) services. It is expected that there will be more than 40 billion connected devices by 2025, and 50 billion by 2030, all of which will require a connection with huge capacity. This is where the role of 5G comes into force.
5G has the power to bring about tremendous benefits and opportunities in ways we could only dream of until now. While the Asia Pacific region is recognized as a global player in the development and innovation of 5G technology, it is imperative that the region takes into consideration the plethora of challenges that come with the rapid deployment and commercialization of 5G. Asian governments need to work together to ensure that a solid 5G ecosystem, complemented by shared collaborative principles, is established for the betterment of society in the future.