Introduction
The year 2024 will mark a major milestone in the evolution of smartphone technology as 5G networks become widely adopted around the world. There are several key reasons why 5G is poised to dominate the 2024 smartphone market.
Faster Network Speeds
One of the most important advantages of 5G is tremendously faster network speeds compared to 4G LTE. 5G offers peak download speeds of up to 10 Gbps, which is about 100 times faster than 4G LTE networks. This will enable smartphone users to download full-length HD movies in seconds and experience extremely low latency for gaming and AR/VR applications. The faster speeds will truly unlock the potential of smartphones.
More Bandwidth and Connected Devices
5G operates on higher radio frequencies that have more bandwidth available compared to 4G. This allows cellular providers to deliver data to many more devices simultaneously. Experts estimate that 5G will be able to support up to 1 million connected devices per square kilometer, compared to only 2,000 devices for 4G. The additional bandwidth will be critical as more devices become connected.
New Capabilities and Applications
The combination of faster speeds and increased bandwidth will enable new types of apps and services on 5G smartphones. For example, augmented reality overlays will become seamless with 5G. Multiplayer mobile gaming will reach new levels. And connections between smartphones and smart home devices will become near instantaneous. 5G won’t just be faster 4G – it will facilitate new use cases.
Widespread Availability
Although 5G networks are still rolling out in many regions, they are expected to be widely available across the world by 2024. Verizon CEO Hans Vestberg stated that Verizon’s 5G network will cover over 60% of the US by 2024. Other carriers globally are making similar commitments to rapidly expand 5G coverage. This will make purchasing a 5G smartphone in 2024 an easy choice.
Affordable 5G Phones
Early 5G phones cost over $1000, putting them out of reach for many consumers. However, as the technology matures, 5G smartphones will rapidly decline in price. Experts predict entry-level 5G phones will only cost between $250-$400 by 2024. With affordable devices available, 5G adoption will accelerate.
Conclusion
In summary, 5G networks will provide smartphone users with an enormous leap in speed, bandwidth, and capabilities compared to 4G. Thanks to widespread network rollouts and decreasing costs of 5G smartphones, the technology will dominate the smartphone landscape in 2024. Consumers will find 5G networks hard to resist compared to outdated 4G LTE.
