Major telecom carriers are adding 5G-enabled networks to cities across the U.S.
And new 5G smartphones are being launched to take advantage of blazing download speeds, which could be up to 100 times faster than the current technology.
But the biggest disruption from 5G networks won’t be consumer-driven.
Instead, it will bring a new era of industrial automation. This is where 5G speeds will be truly revolutionary.
That’s because 5G networks will enable equipment and other devices to communicate with each other in close to real time.
The amount of time it takes for connected devices to communicate is known as latency. And low latency on a factory floor or in a self-driving vehicle is absolutely critical.
These various connected devices make up the Internet of Things (IoT). And as the chart below demonstrates, IoT-connected objects for industrial use will overtake consumer objects in the next four years.
This trend will be a windfall for companies that specialize in factory robotics and automation.
You can profit from the next industrial revolution with the Robo Global Robotics and Automation Index ETF (NYSE: ROBO).
Research Analyst, Alpha Stock Alert
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