5G: the Data Network Connecting Cars by 2020By Dania Vargas Austryjak
The future of mobile networks.
In 5 years it is expected that we’ll be moving on to the fifth generation wireless technologies known as 5G.
Connectivity and internet access will not only be expected to be provided through our phones, computers and other mobile devices. 5G technology will be installed in cars, leading to self-driving vehicles soon to be available on the market. Communication between these cars will of course take place through wireless technology.
José Otero, the Latin America and Caribbean director of the wireless industry trade association 4G Américas, told Business Insider that by the year 2020, 62% of new cars sold will be equipped with full internet connectivity, according to his estimates. A study quoted in BI states that some of the features that wireless connections may eventually provide include: driver assistance, safety, entertainment, wellbeing and mobility management.
The same article also states that by 2020, there will be 220 million cars connected, but only 88 million of those drivers are expected to use the connected services. A report from Transparency Market Research, quoted by Mexican monthly Vanguardia, states that it is expected that this market niche will be reaching almost US $132 billion by the year 2019.
- Spain and Mexico’s Trade Relations Curdle over Manchego Dispute
- Cape Town Water crisis: 'Day Zero' Draws Near
- MORGAN STANLEY: Here are the 6 internet stocks to bet on in 2018
- Ford announces $11B investment, 40 electrified vehicles by 2022 at Detroit Motor Show
- Automobile Revenues will fall 40% due to Electric and Autonomous Vehicles
- Mexico debuts its best startups for 2018 at CES
- Inside the Secret Society Running the World of Cryptocurrency
- Opinion: Who Will Profit Off the Next Crash?
- This is how Jeff Bezos will support the 'dreamers'
- Oil Reaches $70 a Barrel for First Time in Three Years
- Peso predicted to make comeback in 2018: Bloomberg
- Chihuahua´s governor denounces Government reprisals for PRI corruption investigation