Last year we wrote ad nauseam about 5G and its potential, but the new broadband standard failed to materialise locally due to lack of spectrum availability. That still remains the case today, but a new piece of research from Cisco offers a predicted view of the 5G landscape by 2023.

So what has the firm’s Annual Internet Report predicted for 5G over the next three years?

“What we are seeing from our research is a continuous rise in internet users, devices, connections, and more demand on the network than we could have imagined,” explains Roland Acra, SVP and CTO at Cisco.

“The insights and knowledge gained by our Annual Internet Report are helping global businesses, governments and service providers prepare and secure networks for the ongoing growth in connections and applications. Strategic planning and partnerships will be essential for all organizations to capitalize on their technology innovations and investments,” he adds.

One of the most interesting findings is that 5G will account for an estimated 10 percent of global mobile connections by 2023.

That might seem like a small number on the face of it, but when you consider that is only over a three year period, not to mention the fact that other regions will still be assigning spectrum for 5G, much like our current government is dragging its feet over.

Making 5G connectivity more widely available will also have a trickle down effect of sorts, with roughly 5.7 billion people (70 percent) having some sort of connectivity by 2023, whether it be 2G, 3G, 4G or 5G.

Another impressive statistic unearthed by Cisco is that 5G will be up to 13 times faster than that of an average connection. More specifically it will yield speeds of up to 575Mbps. Much like connectivity this will also see lower types of broadband receive an increase, with average speeds jumping significantly from 46Mbps to 110Mbps.

This will come as good news for consumers who struggle to afford the more expensive broadband options, but still want above average download and upload speeds.

To find out more insights from Cisco, you can read its Annual Internet Report findings here.

[Image – Photo by Markus Spiske on Unsplash]