5G Technology Is About to Revolutionize Smart City Deployments
Verizon is testing 5G deployment in the following cities: Atlanta; Ann Arbor, Mich.; Bernardsville, N.J.; Brockton, Mass.; Dallas; Denver; Houston; Miami; Sacramento, Calif.; Seattle; and Washington, D.C. Other competing telecom networks have also applied to test roll-out of 5G networks in Atlanta and other cities. While Verizon has said that it will have five cities under 5G network coverage, AT&T is trialing the network, which has speeds 100 times faster than 4G, in three U.S. cities. 2018 seems to be a headline year for the technology, with Sweden and Estonia planning launches.
According to Samir Saini, CIO of Atlanta, said 5G will be a "major stepping-stone" to self-driving vehicles. The city already offers a slew of services on the Internet. "In this day and age, if you are not doing anything on the Internet, then you are doing something wrong," he had said in an earlier interview.
The economic impact of 5G technology is substantial. According to an Accenture report earlier this year, 5G networks will require an investment of $275 billion and create 3 million new jobs. Smart city solutions deployed to make cities more efficient, such as better management of traffic and electrical grids, will result in cost savings of $160 billion.
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