What is 5G and what can we expect from it in India

5G is one of the most talked-about topics in the world. It will be the next step in high-speed internet which would transform the world as a whole. Hence, 5G is expected to expedite several business activities leading to lesser processing speed and faster outcomes.

In India, 5G has a lot of promise. Already, analysts across the globe are looking at the mobile market dynamics before and after the 5G rollout. 5G phones from Oppo mobiles under 15000 are already among the top searched keywords. The trend is expected to surge with major 5G rollouts planned for 2021.

In India, the 5G implementation will be a major boost for the private and the government sector.

What is 5G?

It is evident from the name that 5G is the fifth generation of mobile technology. It is a new standard in the global mobile ecosystem that will replace the 4G spectrum. It promises to connect everything and everyone at lightning speed which would be close to 1 Gbps.

With such astonishing speed, applications will run faster than before. Transactions will take less than a second to mature. Banks and financial bodies will benefit immensely from the high-speed networks connecting every nook and corner of the world.

Performance

The 5G network will introduce a new range of high bandwidth low latency services – critical AR/VR apps, IoT, and Industry 4.0. It will transform networks and simplify business resulting in a very high amount of revenue generation. The IT and telecom industry would be the biggest beneficiaries of the 5G revolution.

At the Government of India level, the 5G communication networks will boost possibilities in areas like finance, military, space science, communication, and education. The large data processing capability and speed will help universities, schools, and colleges to scale up their activities and deliver cutting-edge education to their students.

Live data streaming will be at its peak resulting in newer possibilities and outcomes which will transform the national outlook.

If you plan to buy a 5G phone, you can use Bajaj Finserv EMI Network Card. It is a pre-approved card with a credit limit of up to Rs 4 Lakh. You can use it to purchase your favorite phone or electronic product at Zero down EMI options. Plus, other facilities like credit cards, personal loans, education loans, and business loans from the EMI Network Card.