According to a new analysis, Georgia’s manufacturing and technology industries might experience a major boost from the 5G economy.

5G, the next innovation in the wireless communications industry is slated to roll out over the next decade and is expected to impact Georgia’s top industries significantly.

CTIA and Boston Consulting Group report that it may boost Georgia’s economy by $44.3 billion, according to the report. Jobs and GDP are expected to expand in industries such as manufacturing and technology, healthcare and e-commerce.

According to Matthieu Bloch, a Georgia Tech wireless communications expert, it allows machine-to-machine connection and dependable, low-latency connectivity. As a result, individuals can remotely manage robots or other items with a real-time response that’s faster than 4G technology.

As with previous generations of wireless communication, this 10-year deployment is predicated on the time it took for past generations to become widely adopted.

Three hundred eighty thousand new jobs are expected to be created by 5G in manufacturing, according to CTIA’s research. As CTIA chief communications officer Nick Ludlum explained, “5G allows for automation and robotics in the manufacturing industry.” Different sets of abilities are needed for each of the technologies.

The Georgia Department of Economic Development reported that Georgia has a strong manufacturing industry that produces $61.1 billion in production with 270,000 jobs. They could be re-invented via new networking.

To go along with this, the report predicts that information services and technology in the United States would create 205,000 new employment and generate $217 billion in revenues by 2025.

A growing startup ecosystem and new corporate technology tenants are helping Atlanta become a nationally known tech hub, and 5G might help the city attract new, high-growth enterprises.

Bloch explained that this is conceivable since many of the uses of 5G may not yet be realised. For example, ridesharing and meal delivery were made possible by the deployment of 4G technology and were before impossible or unimaginable.

Healthcare is another industry that could benefit from 5G. Despite Atlanta’s reputation as “the centre of public health” thanks to Emory University and its extensive healthcare network, rural Georgia hospitals have been forced to close during the past decade due to a lack of funding.

Bloch said a doctor could perform remote surgery using 5G by wirelessly connecting to a robot that responds instantly to their signals.

Report: 5G capabilities might make the city’s supply chain sector even more efficient due to the pandemic’s e-commerce development, such as permitting more drone use for moving items.

In essence, 5G speeds are quicker than 4G, but the experience is the same. Bloch added that 5G’s uses in the physical world will be game-changing but require hardware advances before they can be realised.

5G’s potential will only be realised with new infrastructure and skillsets, according to a report by CTIA. To prepare workers for the new types of employment that will become accessible, Ludlum added, schools and job training programmes should integrate more engineering and software development courses.

The technology also enables autonomous vehicles and “smart city” monitoring, such as when infrastructure needs to be repaired. 5G sensors, which might monitor traffic patterns, air quality, and other data, are “one of the really basic things that enable truly smart cities,” according to Ludlum.

Currently, there is a great need for technology-related jobs. Technology jobs could increase as 5G becomes more widely available. More cybersecurity jobs would help fill the talent shortage, Bloch added. Georgia has more than half of its cybersecurity positions empty, according to Cyberseek, a company that studies the job market for the field in Georgia.

According to the analysis, 5G is expected to create 114,000 new jobs in the state by 2030, but Ludlum warned that it doesn’t include jobs lost to automation or robotics.

Bloch thinks people will have to look at the net number of jobs gained after some are lost when 5G is adopted to get an accurate job total over the next ten years.

Regulatory frameworks must also keep up with technology, Bloch added. He says that agriculture and telemedicine will benefit first from 5G capabilities, followed by more widespread applications, such as autonomous vehicles.

It is worth noting that the state already has initiatives to investigate creative uses of wireless technology. As Bloch explains, the Georgia Tech Research Institute has been looking at ways to optimise Georgia’s agricultural business by using 5G. Crops’ health and growth patterns could be monitored with the use of the new link.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *