5G and the Factory Floor
5G has finally made its mark on a wide range of applications and services, most notably in the consumer market.
However, larger revenue opportunities will arise from targeting enterprise verticals. ABI Research forecasts that by 2028, manufacturing will account for nearly a quarter of total generated revenue in the 5G Ultra Low Latency Use Cases (URLLC) market.
The capacity to establish a massive wireless sensor network or implement AR/VR applications for predictive monitoring makes 5G's wireless connectivity capabilities a perfect technological fit for growth in manufacturing. Therefore, it is critical for all parties involved to understand how to optimize 5G for their business strategies.