The rollout of 5G will affect a broad range of industries, including healthcare, AR, and retail. Execs from Snapchat, Verizon, and other top firms spoke to Insider about 5G’s potential effects. They shared their predictions for how the technology will positively impact their companies. See more stories on Insider’s business page. Even though it is still in the early stages, much attention has been focused on how 5G services will effectively power innovation and increase performance, across a broad range of industries. Verizon, AT&T, and T-Mobile all offer 5G coverage across the US, and last October, Apple rolled out a lineup of iPhone 12 models, all of which will be compatible with 5G.The technology follows 4G LTE, which is used for streaming and other data-heavy activities, as well as driving Verizon’s national network, for example. 5G networks are anticipated to be 10 times faster than 4G LTE, as Insider previously reported. Widespread implementation of 5G is not expected until about 2025 in many developed economies, however, according to a PWC report. Insider spoke to experts in the healthcare, transportation, augmented reality, and retail industries to see how they will be able to leverage this technology. 1. Healthcare Electronic interaction between doctors and patients…
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Execs from Snapchat, Verizon, and other top firms explain how 5G could supercharge their industries
