5G networks are expected to generate nearly $250 Billion in service revenue by 2025, according to SNS Research. While LTE and LTE-Advanced deployments are still underway, mobile operators and vendors have already embarked on R&D initiatives to develop the 5G technology, with large scale commercial deployments expected to begin in 2020, said SNS.
According SNS Research, 5G is essentially a revolutionary paradigm shift in wireless networking to support the throughput, latency and scalability requirements of future use cases such as extreme bandwidth augmented reality applications and connectivity management for billions of M2M (Machine to Machine) devices,
Although 5G is yet to be standardized, vendors are aggressively investing in 5G development efforts with a principal focus on new air interface transmission schemes, higher frequency bands and advanced antenna technologies such as Massive MIMO and beamforming, added SNS Research.