It was just the other day when tech leaders all converged on Barcelona for the Mobile World Congress in February. The hot topic was the inevitable Internet of Things and what kind of internet connections the world is going to have to have to accommodate it.  The word of caution was that 5G networks would have to be here by 2020, which analysts are estimating as the year that IoT reaches its full potential. You can read our story on that HERE.  The world now faces connectivity issues for virtual reality, self-driving cars, home appliances, automated industrial plants and more if the move to 5G is not made. 

QZ spoke to Asha Keddy, general manager of mobile standards for advanced tech at Intel. She said:

 "These next-generation networks and standards will need to solve a more complex challenge of combining communications and computing together so intelligence is at your fingertips and available to the machines that make up the internet of things. The 2G networks were designed for voice, 3G for voice and data, and 4G for broadband internet experiences. With 5G, we'll see computing capabilities getting fused with communications everywhere, so trillions of things like wearable devices don't have to worry about computing power because network can do any processing needed."

EIT Stock ImageIn the United States this summer, Verizon, and AT&T are planning to test out their 5G networks. According to Bloomberg, 5G networks will be generation billions of dollars for the early adopters such as Nokia, Oyj, Ericsson, Qualcomm Inc. and of course the aforementioned Intel. 

Chief Executive Officer Hans Vestberg, told Bloomberg: "5G is not about another G with super-fast Internet. 5G is about beyond smartphones and tablets. We think 5G could provide an excellent opportunity to transform our world." 

The global expenditure on 5G networks will be $400 billion says Chetan Sharma Consulting. AT&T will be one of the first mobile operators to test out the technology. According to DSLReports, the first round of tests will be happening in Austin and New Jersey. They will be testing "millimeter wave components and/or modified existing millimeter radios." Tom Keathley, SVP of Wireless Network Architecture & Design at AT&T said the testing will start at 15GHz and move up to 28GHz. 

Even Facebook is relying on the rollout of 5G being successful. Facebook's vice president of engineering said: "The hope is that this will lead to better wireless networks -- wireless networks that can keep up with all the stuff we're doing on our cell phones, from listening to music and watching videos too, yes, diving into virtual reality. These really immersive experiences are all looming." 

For a clearer picture of how 5G will be assisting the Internet of Things, check out this video: