How private real estate is connecting with a 5G future

The rollout of 5G mobile telecommunications networks around the world is more than just another opportunity for telephone companies to sell new contracts and new handsets to consumers. The low-tech world of brick and mortar is set to be transformed by the new technology. The fifth generation of wireless technology, 5G is a standard designed to deliver data speeds greater than one gigabit per second and latency (how long it takes a device to respond to other devices over a network) of less than one millisecond. What this means in practice is that 5G is faster – up to 100 times faster than existing 4G networks – enabling the transfer of more information, such as high-definition video. In addition, 5G-enabled devices will have the ability to connect to 100 times more devices at any time. This huge increase in ‘connectability’ is particularly significant for real estate as it enables the Internet of Things. IoT devices can be used to monitor and control the mechanical, electrical and electronic systems in buildings. A combination of sensors and controllers could be used to instantly adjust heating and cooling in an office building,