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According a forecast by CAICT, 5G will drive more than ￥8 trillion of emerging spending until 2025. 5G-based new capital construction is in full swing. The ecosystem and industrial chain are speeding up across the board. SIMCom Product Department’s general manager Deng Qianhuai expressed his views on this.
IoT Builds a Bridge between the Digital World and the Real World
According to Mr. Deng, while 4G has changed the way people connect to each other, 5G will change the way people connect to things. The number of IoT connections will grow dramatically in the future. In particular, cellular IoT will grow at a rate of 25% a year, and the number of cellular IoT connections is expected to reach 2.5 billion by 2025. Industrial automation, smart grids, smart homes, automobiles and other terminals all need to be connected. IoT will build a real bridge between the digital world and the real world.
SIMCom’s full-scale product lines
With the exit of 2G and 3G networks, a cellular IoT world dominated by NB-IoT, 4G and 5G connections will be formed. SIMCom has deployed full-scale product lines for this, to cover application demands in all scenarios at different levels.
For demands in NB-IoT scenarios requiring low …
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