According to one estimate, the IoT industry is projected to have an impact of $11 billion by 2025, with as many as 75 billion IoT devices in consumer hands all over the world. The same study argues that ‘longer run predictions of the IoT contribution based on a growth-accounting framework suggest a potential global annual average contribution to growth of 0.99% per annum (pa) in 2018–2030, approximately $849 billion pa of world GDP in 2018 prices’.
5G hype is heating up. The mobile network has already been switched on in multiple areas throughout the UK, and ongoing rumblings in relation to Huawei have pushed it ever further into public consciousness.
But, as with so much in the world of technology, 5G is rife with myths and misconceptions. Here we take a look at some of the biggest.