AIMultiple ResearchAIMultiple Research

Top 4 Use Cases of 5G IoT in 2024

Updated on Feb 14
3 min read
Written by
Cem Dilmegani
Cem Dilmegani
Cem Dilmegani

Cem is the principal analyst at AIMultiple since 2017. AIMultiple informs hundreds of thousands of businesses (as per Similarweb) including 60% of Fortune 500 every month.

Cem's work focuses on how enterprises can leverage new technologies in AI, automation, cybersecurity(including network security, application security), data collection including web data collection and process intelligence.

View Full Profile

The number of IoT devices is expected to reach 75 billion by 2025. This ever-growing number of smart devices requires a fast communication protocol to improve the efficiency of the IoT ecosystem. 5G is the fifth generation of cellular networks, claimed to be capable of downloading 10 gigabytes per second, up to 100 times faster than the 4G network, that can enable consistent connectivity for smart devices.

In this article, we will look at why 5G is important for IoT, what benefits it offers, and look at some use cases.

Why is 5G important for IoT?

Interest in 5G-IoT has been increasing since 2014.
Figure 1: Sustained growth in interest in 5G-IoT. Source: Google Trends

There has been a growing interest in the idea of 5G-IoT communication (Figure 1). That may be due to the following factors:

  1. Low latency makes for a constant and wide-ranged monitoring.
    • Network providers claim that the peak speed of 5G network is nearly 1GBps, with a latency of less than 30 milliseconds, which is 23 milliseconds faster than 4G. This will assist in a stable IoT monitoring of smart locks, CCTV cameras, and other monitoring systems.
  1. 5G allows for the simultaneous connection of multiple devices to the same network.
    • Providers claim that, at a minimum, 5G allows for the connection of 1 million devices simultaneously for every square kilometer. This has potential for a distributed coordination amongst robots, actuators, and drones in an IoT ecosystem.
  1. 5G will lead to lower costs across some industries:
    • Education:
      • Education is already expected to have a 12% increase in IoT expenditure. Universities and colleges are migrating their infrastructure online, trying to bring the classroom experience to the student’s room by a faster and more consistent connection.
      • Because the majority of education is estimated to go digital, students’ tuition should decrease, as they will, theoretically, no longer be asked to finance dining halls, rec-centers, shuttle services, etc.
    • Delivery:
      • Food and grocery deliveries will be more efficient and faster. Amazon has already started drone-delivery of goods. These remotely-controlled drones should be able to cover a wider radius with a 5G network.
      • Delivery systems of this nature will reduce cost as they are scalable, where not only is it possible to integrate additional drones into an established infrastructure, but it would also be cheaper than hiring labor.
      • Lastly, because drones are exhaust-free, they could be more environment-friendly than delivery guys in cars or on motorbikes.

What are the use cases of 5G IoT integration?

Some of the use cases of 5G in IoT include:

1. Research and development

5G connectivity can now allow manufacturers to produce a host of new connected products and services that were unavailable before.

For example, locational virtual reality apps (e.g. Google maps) could offer a more immersive experience by being connected to a host of devices on the street (i.e. street lamps, parking meters, street signs, etc.) transferring real-time images to your VR device. You would no longer be “put” on a cardboard-looking street, but rather see a realistic, live version of it.

2. Smart cities

5G and IoT networks can enhance the welfare of citizens. A relatable scenario could be improved traffic management.

Using the long bandwidth that 5G offers, complementary with more sensors and smart devices could make traffic management more proactive. For instance, before rush hours, traffic lights can preemptively cycle in a way to avoid bumper-to-bumper congestion.

3. Transportation

A 5G-powered IoT ecosystem could reduce the number of driving accidents and fatalities.

The real-life location of the closest pedestrians to a moving vehicle could be shown on the car’s radar, hence alerting the driver of blind spots. This is particularly useful for situations when a kid, who is not in the driver’s field of vision because of, say, height, suddenly decides to run across the street. Having preemptive knowledge of the kid’s (or any pedestrian’s) presence in the area, the driver will at least be in a better position to react, even if not to completely avoid the hazard.

4. Healthcare

IoT in healthcare already exists. But coupled with a 5G connectivity, a growing number of patients will have better and more efficient access to IoT-connected wearable devices, which facilitates the sharing of their data with their physicians regardless of either one’s location.

In addition, remote surgery could also be a possibility, with surgeons remotely directing a robot in real-time to perform delicate surgeries on-premise.

For more on IoT

To learn more about the internet of things:

Finally, If you believe your business will benefit from an IoT solution, feel free to check our data-driven hub of IoT solutions and tools.

And we can guide you through the process:

Find the Right Vendors

Cem Dilmegani
Principal Analyst

Cem is the principal analyst at AIMultiple since 2017. AIMultiple informs hundreds of thousands of businesses (as per Similarweb) including 60% of Fortune 500 every month.

Cem's work focuses on how enterprises can leverage new technologies in AI, automation, cybersecurity(including network security, application security), data collection including web data collection and process intelligence.

Cem's work has been cited by leading global publications including Business Insider, Forbes, Washington Post, global firms like Deloitte, HPE, NGOs like World Economic Forum and supranational organizations like European Commission. You can see more reputable companies and media that referenced AIMultiple.

Cem's hands-on enterprise software experience contributes to the insights that he generates. He oversees AIMultiple benchmarks in dynamic application security testing (DAST), data loss prevention (DLP), email marketing and web data collection. Other AIMultiple industry analysts and tech team support Cem in designing, running and evaluating benchmarks.

Throughout his career, Cem served as a tech consultant, tech buyer and tech entrepreneur. He advised enterprises on their technology decisions at McKinsey & Company and Altman Solon for more than a decade. He also published a McKinsey report on digitalization.

He led technology strategy and procurement of a telco while reporting to the CEO. He has also led commercial growth of deep tech company Hypatos that reached a 7 digit annual recurring revenue and a 9 digit valuation from 0 within 2 years. Cem's work in Hypatos was covered by leading technology publications like TechCrunch and Business Insider.

Cem regularly speaks at international technology conferences. He graduated from Bogazici University as a computer engineer and holds an MBA from Columbia Business School.

Sources:

AIMultiple.com Traffic Analytics, Ranking & Audience, Similarweb.
Why Microsoft, IBM, and Google Are Ramping up Efforts on AI Ethics, Business Insider.
Microsoft invests $1 billion in OpenAI to pursue artificial intelligence that’s smarter than we are, Washington Post.
Data management barriers to AI success, Deloitte.
Empowering AI Leadership: AI C-Suite Toolkit, World Economic Forum.
Science, Research and Innovation Performance of the EU, European Commission.
Public-sector digitization: The trillion-dollar challenge, McKinsey & Company.
Hypatos gets $11.8M for a deep learning approach to document processing, TechCrunch.
We got an exclusive look at the pitch deck AI startup Hypatos used to raise $11 million, Business Insider.

To stay up-to-date on B2B tech & accelerate your enterprise:

Follow on

Next to Read

Comments

Your email address will not be published. All fields are required.

0 Comments