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Mukesh Ambani has announced 5G launch till Diwali. After the launch of 5G, there can be a huge jump in data consumption. The recently released Ericsson Mobility Report has estimated that after the introduction of 5G, data consumption will increase by more than 2 times in the next three years.
Experts believe that due to the high performance and high speed of 5G technology, new industries will flourish which will attract a large number of users. Also a sharp increase in the demand for videos is also possible. Due to which the demand for data will increase even more.
Reliance Jio’s record in 4G technology and speed has been excellent. Now big plans of the company are also coming out regarding 5G. The company is mastering technologies like Connected Drones, Connected Ambulances- Hospitals, Connected Farms-Barns, Connected Schools-Colleges, Ecommerce Ease, Entertainment at Incredible Speed, Robotics, Cloud PC, Virtual Things with Immersive Technology.
When Reliance Industries Chairman Mukesh Ambani launched Jio 6 years ago, no one could have guessed that within a few years of its launch, Jio would become one of the largest telecom companies not only in the country but also in the world.
Today Jio occupies 36% market share in India with 41.30 million mobiles and around 7 million JioFiber customers. Its share in terms of revenue is 40.3%. Thanks to Jio’s indigenous 5G technology, the picture of what changes will or can come in the coming times is visible in the achievements of the company in the last 6 years.