To know more about the benefits of the fifth-generation technology, 700 business technology decision-makers studied 5G, with 80 percent agreeing it will create new opportunities for their company, role, and industry, according to a 2020 survey conducted by Morning Consult for Verizon.
As such, 69 percent believe a 5G network will support their company overcome the negative impact of COVID-19. However, businesses also face proliferating digital acceleration and challenges in applying data-centric emerging technologies, such as Artificial intelligence (AI) and machine learning (ML), augmented and virtual realities (AR and VR), in addition to real-time analytics, into their business operations.
The fact is that many organizations and other data-centric emerging technologies need a next-generation scalable connectivity network; more companies are taking advantage of the 5G network to launch private technology of the fifth generation of the network.
A private 5G network means the wireless local area network (LAN), which uses 5G-enabled technologies to create bandwidth and infrastructure-based networks to meet any company’s connectivity needs. It is considered the next generation of mobile networks, aiming to address mission-critical wireless communication requirements in industrial operations and critical infrastructure.
Therefore, the private 5G network gives companies the ability to modify it according to specific organizational needs and locations.
According to the multinational professional services network Deloitte, hundreds of thousands of companies will deploy private 5G networks throughout the upcoming decade. This is a relevant prediction when considering the increased reliance on wireless devices, sensors, and artificial intelligence to connect people, as well as machines and processes.
One of the advantages is that the network has the potential to improve security, bandwidth, and speed.
Diving into more details, enterprises need to purchase spectrum from the government, mobile network operators (MNOs), or third-party spectrum providers. This will help build a private 5G network and obtain 5G equipment such as base stations, mini-towers, and small cells from network infrastructure providers and connect this equipment to edge devices such as 5G Mobile, embedded modules, 5G router, gateways, etc.
In addition, the network comes with challenges regarding checking that the devices that have to be operational on the wireless spectrum used by the private network and the integration of the 5G equipment, devices, and applications are needed.
The process gives the opportunity to emphasize the role of partners and systems integrators by having enterprises search for those with strong experience in the networks and technologies to make it easier to build a dedicated private 5G network.
Regardless of these challenges, a private 5G network is the right choice for businesses that require ultra-low latency, reliability, and the need to support thousands of devices.