Before you start committing your investment capital to buy 5G stocks, it’s important to know what you’re investing in.
5G stands for the fifth generation of wireless technology. A key term to understand in terms of 5G is latency. This is the time it takes for a device to make an input for data (a request) and the network’s response. Every generation has narrowed the latency between this input and response.
This latency presents itself to consumers as increased speed. But in this case, it’s faster speed that will help drive growth in emerging fields such as artificial intelligence. This is playing out in fields such as autonomous driving, cryptocurrency mining, and an enhancement of the Internet of Things (IoT).
You can look at it another way. The migration of wireless technology to this point has been mostly about benefits to individual users. The emergence of 5G technology will deliver massive benefits to businesses and the country’s infrastructure.