5g technology is a unique combination of high speed internet access , low latency , high reliability & seamless coverage which will support no. of vehicles & transport infrastructure. 5G platform will impact many industries like automotive , entertainment, agriculture , manufacturing and IT. As per the research forecast “IOT will account for one quarter of the global 41 million 5G connections in 2024”, out of these ¾ of the devices will be auto industry via embedded vehicle connections.
There are wide range of applications that will benefit from 5G ultra fast networks and real time responsiveness of the network.These properties of 5G technology are very important for many applications of IOT e.g self driven cars , intelligent transportation which demands very low latency .This will be a great boom for interactive mobile gaming which is bandwidth hungry application. 5G technology enables us to control more devices remotely in various applications where real time network performance is critical, like remote control of vehicles. It focuses on worker safety as well as monitoring environment. 5G technology is not focusing on improving speed , but this will prove best in evolution of business etc. IOT in 5G have excelled in connecting number of phones , tablets and other devices, however connecting cars , meters, sensors require more advanced business models.