The year 2020 marked the mainstream adoption of 5G with the release of the Apple iPhone 12, yet, from an infrastructure standpoint, 4G continues to maintain prominence. Hitesh Morar, Chief Product Officer at Tecnotree, anticipates that the maturity of 5G networks will undergo a pivotal moment for the telecommunications industry in 2024. “While the escalating data consumption fuels the imperative for increased throughputs and reduced latencies at a lower cost per bit, the 5G ecosystem’s transition will concentrate on vital B2B industries such as mining, manufacturing, and healthcare,” Morar explains. These sectors are poised to leverage the potential of IoT, fostering smarter operations and paving the way for enhanced connectivity and data-driven decision-making. As the technology matures further, various sectors are likely to explore and adopt 5G private networks to fulfill their specific connectivity and communication requirements.