Guest editorial by Mohit Shrivastava, Chief Analyst ICT at Future Market Insights

With the deployment of a new generation of technologies, such as 5G, industries across the globe have shown a massive advancement. The benefits of 5G technology will grow over time as networks expand availability and technology advances, changing the way we work and learn.

Businesses of all sizes are trying to understand and leverage the opportunities that 5G presents. 

Future Market Insight states that the 5G technology market is expected to register a staggering double-digit CAGR of 71.9% by garnering a market value of US$ 248.4 billion by the end of 2028. The growth of 5G technology is due to accelerated developments in telecommunication technologies.

Factors such as increasing adoption of the Internet of Things (IoT) and smart technologies, a growing number of internet users, ongoing digital transformation in telecom, growing demand for wireless communications, and increasing investment in the telecommunication sector by emerging countries are highly responsible for the promising growth of this market.

All the major industries such as IT sectors, manufacturing units of different consumer-based products, automotive, transportation and logistics, and energy & utilities to augment productivity, the 5G network is seamlessly integrating different domains of businesses.

In this article, we will discuss the major benefits that 5G is bringing to major companies across the world. 

Benefits of 5G to Companies

Innovation in Telecommunication

As per statistics, the United States leads in 5G deployment, with as many as 270 million people having access to 5G services in the United States.

Furthermore, approximately $9.2 billion in support has been awarded by the Federal Communications Commission (FCC) via the Rural Digital Opportunity Fund (RDOF) to telecommunications companies, with the rest of the amount to be awarded in a second auction for the remaining locations.

The FCC subsequently established a 5G Fund for Rural America that will distribute $9 billion in funding over 10 years.

The rise in investments in the telecommunication sector is rapidly adding to the scope for improvement in telecommunication infrastructure. The government and public organizations of various countries are investing a high amount for the betterment of their telecommunication infrastructure, which, in turn, is driving the 5G technology market.

This is because of its high potential to boost economic growth and create employment, especially through innovation.

Offering Protection Against Cyber Crimes

Every day, there are over 590 thousand new, unique malware files, according to Interpol.

In a similar vein, the 2020 Remote Workforce Cybersecurity Report found that 34% of respondents had experienced a breach as a result of the move to telework, with nearly two-thirds of respondents reporting an increase in breach attempts.

Cybersecurity has been in the limelight for quite a long time now. However, as cyber threats and breaches of data security become more prevalent, the segment is seeing an evolution.

As more and more businesses are making a shift from traditional to contemporary ways of operating, the threat of cybercrimes is rising. Furthermore, according to statistics, 59% of Americans report they have experienced cybercrime or in some way fallen into the hands of a computer hacker.

70% of small businesses are completely unprepared for a cyber-attack. 88% of professional hackers can infiltrate an organization within 12 hours.

Therefore, businesses are deploying 5G networks to secure their data from external and internal threats to cybersecurity. In addition, hybrid cloud-based architectures have further increased the chances of digital threats in the technology world.

IBM and Palo Alto Networks have collaborated to help operators build secure 5G networks. Through this collaboration, the companies are working together to deliver cyber security solutions to enterprise and telecom customers around the world.

The collaboration of these two companies combines various features such as automation spanning multifunction network devices and VNFs, control plane security, and container security.

Thus, the combination of integrated security services and services designed for 5G networks and ecosystems is helping end-user industries combat cybersecurity threats in more ways than one. Furthermore, IBM is working with communication service providers on a “Security and Privacy by Design” (SPbD) strategy that will help build cybersecurity capabilities for every part of the business.

Transformation of Customer Experience

One of the significant advantages of or basically “THE” benefit of the 5G network is the faster and higher connection speed.

5G has the potential to reach speeds of 10 Gbps – a 100x improvement.

Moreover, in real everyday scenarios, this can go up to 10x faster download and upload speeds at a bare minimum. This kind of performance massively transforms the experience that the customers witness.

Less streaming time along with immersive augmented and virtual reality experiences could cater to the customer’s needs like no other network.

When we speak of customer experience, healthcare organizations find themselves in an increasingly complex network world. As the tides of data continue to rise, healthcare providers are working on transforming through virtualization and automation to optimize the cost and scale of experiences that they want to create.

Healthcare providers are also managing mobile devices, apps, and a variety of voice and collaboration tools so that their teams can connect across geographies, platforms, and devices.

In April 2021, a team of experts from Penn State University’s College of Medicine and the College of Information Sciences and Technology built an Amazon Alexa program to deliver care interventions to breast cancer patients in their homes.

The program, called  “Nurse AMIE,” which stands for “Addressing Metastatic Individuals Everyday,”  is aimed at providing supportive care interventions to supplement medical treatment and improve the quality of life for its users.

Nurse AMIE interacts with patients via voice to address symptoms such as pain, fatigue, sleep, anxiety, and depression, and offer interventions.

(Learn More. Nurse AMIE: Using Smart Speakers to Provide Supportive Care Intervention for Women with Metastatic Breast Cancer Ling Qiu, Bethany Kanski, Shawna E Doerksen, Renate Winkels, Kathryn Schmitz, Saeed Abdullah. Courtesy of ACM SIGCHI and YouTube. Posted on May 7, 2021.)

Therefore, to cater to such changing dynamics, deployment of 5G network technology is a must. 

Concluding Words

With the innumerable benefits, the 5G network has to offer, come new opportunities for automation, data collection, and analysis.

5G is projected to boom owing to the biggest technological trends and developments. Not just this, but the evolving lifestyles have changed the priorities of the people, making them more dependent on technology.

At a glance, 5G technology and its positive impacts are multifaceted across the global industries.

From an ordinary customer to a wider community of professionals, it is playing a leading role in transforming industries.

About the Author

Mohit Shrivastava, Chief Analyst ICT at Future Market Insights, has 10+ years of experience in partnering with globally large enterprises to identify new revenue opportunities in high-growth niche IT markets across Cybersecurity, the Internet of Things (IoT), Blockchain, Telecommunications, Cloud Computing, Big Data & Analytics, Electronics & Semiconductors, and others technology markets.

Future Market Insights (FMI), is an ESOMAR-certified market research and consulting market research company, serving clients in over 150 countries. Its market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition.

Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, and interactive playbook for data visualization and full reports through MarketNgage, the unified market intelligence engine powered by Future Market Insights.

FBI Internet Crime Complaint Center (IC3) Recognized in 2020 ‘ASTORS’ Awards Program

American Security Today’s Annual ‘ASTORS’ Awards is the preeminent U.S. Homeland Security Awards Program, and now entering it’s Seventh Year, continues to recognize industry leaders of Physical and Border Security, Cybersecurity, Emergency Preparedness – Management and Response, Law Enforcement, First Responders, as well as federal, state and municipal government agencies in the acknowledgment of their outstanding efforts to Keep our Nation Secure.

Federal Bureau of Investigation (FBI)

Excellence in Homeland Security

• • FBI Internet Crime Complaint Center (IC3)

• The IC3 serves as the FBI’s central hub to receive, develop, and refer criminal complaints regarding the rapidly expanding occurrences of Internet crime

• IC3 provides the public with a reliable and convenient reporting mechanism to submit reports of suspected Internet-facilitated criminal activity and to develop alliances with law enforcement and industry partners.

(Actress Kirsten Vangsness, who plays tech-savvy FBI analyst Penelope Garcia on the show Criminal Minds, is promoteing the awareness of Internet crimes and scams and encourages the public to report suspected criminal cyber activity to the FBI’s Internet Crime Complaint Center (IC3). Courtesy of the FBI and YouTube.)

• Information is analyzed and disseminated for investigative and intelligence purposes to law enforcement and for public awareness.

• Since 2000, the IC3 has received complaints crossing the spectrum of cyber crime matters, such as online fraud in its many forms, including intellectual property rights (IPR) matters, computer intrusions (hacking), economic espionage (theft of trade secrets), online extortion, international money laundering, identity theft, and a growing list of Internet-facilitated crimes.

• It has become increasingly evident that, regardless of the label placed on a cyber crime matter, the potential for it to overlap with another referred matter is substantial.

• IC3 develops leads and notifies law enforcement agencies at the federal, state, local and international level.

• The Federal Bureau of Investigation (FBI) was also recognized in the 2018 ‘ASTORS’ Awards Program for the Violent Crimes Against Children (VCAC) Program, which investigates Child Abductions, Contact Offenses Against Children, Sexual Exploitation of Children, Trafficking of Child Sexual Abuse Material (CSAB), and International Parental Kidnapping.

(According to the FBI, internet crimes against children include sextortion, where an adult will persuade a child to send sexually explicit videos. Courtesy of WTHR and YouTube. Posted on Apr 19, 2022.)

The Annual ‘ASTORS’ Awards highlight the most cutting-edge and forward-thinking security solutions coming onto the market today, to ensure our readers have the information they need to stay ahead of the competition and keep our Nation safe – one facility, street, and city at a time.

The United States was forever changed 20 years ago on September 11th, and we were fortunate to have many of those who responded to those horrific tragedies join us at the 2021 ‘ASTORS’ Awards Luncheon.

In the days that followed 9/11, the critical needs of protecting our country catapulted us into new and innovative ways to secure our homeland – which is how many of the agencies and enterprise organizations that are today ‘ASTORS’ Awards Champions, came into being.

Our 2021 keynote speaker featured a moving and informative address from TSA Administrator and Vice-Admiral of the United States Coast Guard (Ret), David Pekoske; to our attendees who traveled from across the United States and abroad, on the strategic priorities of the 64,000 member TSA workforce in securing the transportation system, enabling safe, and in many cases, contactless travel.

Legendary Police Commissioner William Bratton of the New York Police Department, the Boston Police Department, and former Chief of the Los Angeles Police Department was also live at the event, meeting with attendees and signing copies of his latest work ‘The Profession: A Memoir of Community, Race, and the Arc of Policing in America,’ courtesy of the generosity of our 2021 ‘ASTORS’ Awards Premier Sponsors.

The 2022 ‘ASTORS’ Awards Program is Proudly Sponsored by New PLATINUM SPONSOR: NEC National Security Systems (NSS), New Premier Sponsors Rajant Corporation, and guardDog AI, and returning Sponsors ATI Systems, Automatic Systems, RX Global, and SIMS Software!

The continually evolving ‘ASTORS’ Awards Program will emphasize the trail of Accomplished Women in Leadership in 2022, as well as the Significance and Positive Impact of Advancing Diversity and Inclusion in our Next Generation of Government and Industry Leaders. #MentorshipMatters

So be on the lookout for exciting upcoming announcements of Speakers, Presenters, Book Signing Opportunities, and Attendees at the 2022 ‘ASTORS’ Awards Presentation Luncheon in November of 2022 in New York City!

Nominations are currently being accepted for the 2022 ‘ASTORS’ Homeland Security Awards at https://americansecuritytoday.com/ast-awards/.

Comprehensive List of Categories Include:

Access Control/ Identification	Personal/Protective Equipment	Law Enforcement Counter Terrorism
Perimeter Barrier/ Deterrent System	Interagency Interdiction Operation	Cloud Computing/Storage Solution
Facial/IRIS Recognition	Body Worn Video Product	Cyber Security
Video Surveillance/VMS	Mobile Technology	Anti-Malware
Audio Analytics	Disaster Preparedness	ID Management
Thermal/Infrared Camera	Mass Notification System	Fire & Safety
Metal/Weapon Detection	Rescue Operations	Critical Infrastructure
License Plate Recognition	Detection Products	COVID Innovations
Workforce Management	Government Security Programs	And Many Others to Choose From!

Don’t see a Direct Hit for your Product, Agency or Organization?

Submit your category recommendation for consideration to Michael Madsen, AST Publisher at: mmadsen@americansecuritytoday.com.

In 2021 over 200 distinguished guests representing Federal, State, and Local Governments, and Industry Leading Corporate Firms gathered from across North America, Europe, and the Middle East to be honored among their peers in their respective fields which included:

• The Transportation Security Administration (TSA)

• ICE Homeland Security Investigations (ICE HSI)

• Customs & Border Protection (CBP)

• The Federal Protective Service (FPS)

• Argonne National Laboratory (ANL)

• DHS Science & Technology (S&T)

• The National Center for Disaster Medicine & Public Health (NCDMPH)

• The American Red Cross

• The InfraGard National Alliance

• The Metropolitan Police (MPD)

• The U.S. Fire Administration (USFA)

• Naval Postgraduate School Center for Homeland Defense and Security (CHDS)

• The Federal Air Marshals Service

• The San Diego Harbor Police Foundation, and Many More!

Register for the 2022 ‘ASTORS’ Luncheon Today

American Security Today is delighted to announce, that Deputy Executive Assistant Commissioner (DEAC) Diane J. Sabatino of the Office of Field Operations, U.S. Customs and Border Protection (CBP), will be the opening keynote speaker at the much-anticipated 2022 ‘ASTORS’ Awards Presentation Luncheon, on Wednesday, November 16th, 2022.

American Security Today’s Annual ‘ASTORS’ Awards is the preeminent U.S. Homeland Security Awards Program, and now in its Seventh Year, continues to recognize industry leaders of Physical and Border Security, Cybersecurity, Emergency Preparedness – Management and Response, Law Enforcement, First Responders, as well as federal, state and municipal government agencies in the acknowledgment of their outstanding efforts to Keep our Nation Secure.

To take advantage of this exclusive luncheon opportunity to invite your team, guests, clients, and show visitors to a gourmet, affordable, plated meal event in the heart of New York City, for a fabulous networking opportunity!

Go to https://americansecuritytoday.com/product/awards-luncheon/ to secure your seat or reserve a table. ***Limited space available so Register Today. There will be no on-site registrations.

Your ‘ASTORS’ Awards Luncheon registration includes complimentary attendee access to ISC East where you can meet the world’s most innovative suppliers and cyber experts, immerse yourself in hands-on tech and learn from world-renowned speakers and thought-leaders.

Why American Security Today?

The traditional security marketplace has long been covered by a host of publications putting forward the old school basics to what is Today – a fast-changing security landscape.

American Security Today is uniquely focused on the broader Homeland Security & Public Safety marketplace with over 75,000 readers at the Federal, State, and local levels of government as well as firms allied to the government.

American Security Today brings forward a fresh compelling look and read with our customized digital publications that hold readers’ eyes throughout the story with cutting-edge editorial that provides solutions to their challenges.

Harness the Power of the Web – with our 100% Mobile Friendly Publications

AST Digital Publications are distributed to over 75,000 qualified government and homeland security professionals, in federal, state, local, and private security sectors.

‘PROTECTING OUR NATION, ONE CITY AT A TIME’

AST Reaches both Private & Public Experts, essential to meeting these new challenges.

Today’s new generation of public safety and security experts need real-time knowledge to deal with domestic and international terrorism, lone wolf attacks, unprecedented urban violence, shifts in society, culture, and media bias – making it increasingly difficult for Homeland Security, Law Enforcement, First Responders, Military and Private Security Professionals to implement coordinated security measures to ensure national security and improve public safety.

These experts are from Government at the federal, state, and local level as well as from private firms allied to the government.

AST provides a full plate of topics in our AST Monthly Magazine Editions, AST Website, and AST Daily News Alerts, covering 23 Vital Sectors such as Access Control, Perimeter Protection, Video Surveillance/Analytics, Airport Security, Border Security, CBRNE Detection, Border Security, Ports, Cybersecurity, Networking Security, Encryption, Law Enforcement, First Responders, Campus Security, Security Services, Corporate Facilities, and Emergency Response among others.

AST has Expanded readership into integral Critical Infrastructure audiences such as Protection of Nuclear Facilities, Water Plants & Dams, Bridges & Tunnels, and other potential targets of terrorism.

Other areas of concern include Transportation Hubs, Public Assemblies, Government Facilities, Sporting & Concert Stadiums, our Nation’s Schools & Universities, and Commercial Business Destinations – all enticing targets due to the large number of persons and resources clustered together.

(See just a few highlights of American Security Today’s 2021 ‘ASTORS’ Awards Presentation Luncheon at ISC East. Courtesy of My Pristine Images and Vimeo.)

To learn more about ‘ASTORS’ Homeland Security Award Winners solutions, please see the 2021 ‘ASTORS’ CHAMPIONS Edition Fully Interactive Magazine – the Best Products of 2021 ‘A Year in Review’.

The Annual CHAMPIONS edition includes a review of Annual ‘ASTORS’ Award Winning products and programs, highlighting key details on many of the winning firm’s products and services, including video interviews and more.

It serves as your Go-To Source throughout the year for ‘The Best of 2021 Products and Services‘ endorsed by American Security Today, and can satisfy your agency’s and/or organization’s most pressing Homeland Security and Public Safety needs.

From Physical Security (Access Control, Critical Infrastructure, Perimeter Protection, and Video Surveillance Cameras and Video Management Systems), to IT Security (Cybersecurity, Encryption, Data Storage, Anti-Malware and Networking Security – Just to name a few), the 2021 ‘ASTORS’ CHAMPIONS EDITION has what you need to Detect, Delay, Respond to, and Mitigate today’s real-time threats in our constantly evolving security landscape.

It also includes featured guest editorial pieces from some of the security industry’s most respected leaders, and recognized firms in the 2021 ‘ASTORS’ Awards Program.

• For a complete list of 2021 ‘ASTORS’ Award Winners, begin HERE.

For more information on All Things American Security Today, as well as the 2021 ‘ASTORS’ Awards Program, please contact Michael Madsen, AST Publisher at mmadsen@americansecuritytoday.com.

AST strives to meet a 3 STAR trustworthiness rating, based on the following criteria:

• Provides named sources
• Reported by more than one notable outlet
• Includes supporting video, direct statements, or photos

Subscribe to the AST Daily News Alert Here.

Learn More…

FCC Emerg Connectivity Funding Avails $68M for Schools and Libraries