Samsung Electronics is working on an AI- and LTE-based anti-disaster safety solution with IBM and AT&T. In the project, Samsung Electronics is in charge of collecting pictures and videos through terminals such as smartphones and tablet PCs and enhancing the stability of network environments in preparation for a surge in data usage.
An interesting point is that the safety solution is based on LTE technology. South Korea already launched the world’s first commercial 5G services in major cities on Dec. 1, 2018 and commercial 5G services for general smartphone users will be initiated in March 2019. Likewise, the initial 5G services in the United States are scheduled for the first half. 5G is characterized by a data transmission speed and a data transmission capacity amounting to 20 and 100 times those of LTE, respectively. In addition, the former’s latency is 0.001 seconds, which is equivalent to 1 percent of the latter’s.
Nonetheless, LTE is still more preferred in disaster situations, and this is because it is more suitable in terms of stability, coverage, cost, and scope of application. It is in the same context that AT&T, Cisco, Intel, Qualcomm and other companies are working on smart city infrastructure solutions on the basis of LTE.
In the meantime, the Electronics and Telecommunications Research Institute (ETRI) of South Korea recently said that the global 5G market is estimated to grow from US$37.8 billion to US$1,158.8 billion from 2020 to 2026. The figures are equivalent to 2 percent and 50 percent of the global telecom market, respectively.
As seen in the case of the anti-disaster safety solution development project, the growth of the 5G market is expected to start from the B2C segment. The IBK Economic Research Institute said in its recent report that the growth of the B2C segment is likely to precede various new services in the B2B segment and IoT-based new business models need to be sought by means of smart city and factory platforms and the like with profitability enhancement in the B2C market having its own limitations.