Connectivity provides the foundation for disruptive consumer, business, and government...
 | | | We're on the cusp of the fourth Industrial Revolution with the introduction of 5G set to massively accelerate technological development in the Internet of Things (IoT). With more 5G networks going live around the world, the next generation of wireless will fundamentally reshape business and consumerism across industries.
As a part of our Connectivity & Tech coverage, Business Insider Intelligence has identified some of the most impactful trends reshaping the landscape. | |  5G can reach speeds up to 10 times faster than its predecessor 4G in some cases  5G will eventually cut latency in communications to as low as 1 millisecond (ms), down from about 50ms on 4G  5G networks possess a tenfold advantage over 4G in terms of the number of connected devices a network can support | | - By 2020 more than one-fifth of the world's countries will have launched 5G telecommunications services
- Global IoT connections will more than double between 2018 and 2025, jumping from 9 billion to 25 billion
- The US wireless industry will invest up to $275 billion through 2026 to build out 5G, creating 3 million jobs and adding $500 billion to the economy
| | Large enterprises will use more connected devices to monitor their operations and optimize workflows around the world. Top enterprise IoT solutions include:
 These devices leverage asset and equipment data to monitor utilization and trends, ensure procedural adherence,increase efficiency  Companies can use IoT devices used to gain visibility throughout their supply chains, providing critical data to streamline operations, and identify potential issues or bottlenecks  These setups, which can include connected lighting and smart HVAC, reduce costs for companies by using automation in infrastructure | | Governments are investing in 5G and IoT solutions to reduce crime, facilitate small business, and improve environmental conditions. - Smart cities leverage IoT devices like connected sensors, lights, and meters to provide insights on infrastructure
- Governments are projected to invest nearly $900 billion in smart city solutions annually by 2023
- Smart lights with low-powered LED bulbs can lead to a 35% reduction in lighting energy costs
| | - Consumers will spend more than $14 trillion on IoT devices, services, and maintenance through 2026
- Ericsson projects that there will be more than 7.2 billion global smartphone subscriptions by 2024
- Half of respondents to BII's Global IoT Survey want to be able to call or text through an AI assistant like Google's Assistant or Amazon Alexa, and more than one third want them to serve double duty as TV remote controls
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