Global Market Database

  The world around us is changing at a breakneck pace. The transportation and logistics industry are two key segments that have faced a radical change in the past decade. These changes are driven by the need to communicate efficiently between consumers, businesses, vehicles and modes of transportation. They’re also influenced by political forces on different continents, and there’s a blockchain, which necessitates increased connectivity and real-time data exchange between distributed ledgers. The need to communicate more effectively is one of the key factors that boost market growth. Additionally,  5Gtechnology  could be the solution that powers the next generation of transportation industry operations. The  transportation industry  lags behind other sectors of the economy in terms of technology adoption; many of the systems in use today are based on designs that are 30 years old or older. Industry innovation is driven by compliance, not effectivenes...

  1G the first generation of mobile technology was all about voice i.e ability to use mobile technology. The evolution of 1G was followed by the advent of 2G which introduced data services for mobile in form of SMS,  also known as text messaging. The 3G move brought network speeds that led to the launch of smartphones. The advent of 4G provided high data transfer rates and videos with minimum buffering. Presently people are now prepared to experience  5G network  capabilities. 5G – The fifth generation of cellular networks is an evolution of 4G engineered with greater speed and responsiveness. There are presently no further developments within the 5G domain. However, some countries like South Korea aim to launch the world’s first “6G” network in the coming five to seven years. 5G IN US The US is a developed country that is focussing on the high-speed spectrum. In 2020, 5G was introduced in 50 cities in the US. However, the services were delivered...