5G technology has been rapidly adopted in the last seven years, creating 22.8 million jobs and contributing $1.3 trillion to the global GDP. It is anticipated to play a vital role in Industry 4.0, with technologies like cloud and edge computing, and IoT maturing at a fast pace. 5G is based on OFDM (Orthogonal frequency-division multiplexing) and 5G NR air interface technologies, and is capable of multi-gigabit per second (Gbps) peak data rates, ultra-low latency, enhanced dependability, huge network capacity, more availability, and a more consistent user experience.
