Will Verizon Business 5g Internet Ever Rule the World?

5G internet is the next generation of wireless networking that promises lightning fast speeds, ultra-low latency, and the ability to connect massive numbers of devices simultaneously. Of the major 5G providers rolling out service, Verizon Business has made aggressive moves to dominate the enterprise 5G space. In this post, we’ll explore what makes 5G special, analyze Verizon Business’s 5G strategy, and speculate whether Verizon Business 5G Internet could become the global standard for business connectivity.

What Makes 5G Different?

To understand if Verizon Business 5G can rule the world, you first need to know what sets 5G apart from 4G, 3G and prior cellular generations. 5G operates on high-frequency radio waves that support:

Extreme speeds: Peak theoretical speeds hit 20 Gbps, with realistic speeds of 1-2 Gbps expected. That dwarfs 4G’s peak speed of 100 Mbps.Ultra-low latency: Lag and buffering could become almost non-existent with latency under 1 millisecond, 6x faster than 4G.Connected device capacity: A single 5G cell site can connect over 1 million devices simultaneously, enabling Internet of Things activities.Reliability: 5G uses shorter wavelength signals that are less prone to disruption and congestion as they propagate.

Verizon Business 5G Strategy

Verizon Communications began deploying 5G aggressively in 2018 and has continued investing heavily, spending $17-18 billion per year upgrading infrastructure. The company sees 5G as critical for both consumer and enterprise markets.

For businesses specifically, Verizon Business 5G delivers high bandwidth, low latency connectivity with carrier-grade reliability. Verizon is focused on serving business sectors like:

Manufacturing: 5G supports smart factories, supply chain innovations, and machine intelligence.Healthcare: Fast connections enable telehealth, remote surgery, and medical IoT devices.Retail: Stores can track inventory, engage customers digitally, and support point-of-sale systems.Financial Services: Low latency allows real-time fraud monitoring, instant transactions, always-on video security.

To support these verticals and more, Verizon Business 5G coverage already reaches over 2,700 cities in 2021. Speeds can hit 4 Gbps, with latency around 20 milliseconds. And release 16 promises even faster speeds exceeding 10 Gbps in the future.

Can Verizon Rule the World?

With its massive head start on 5G infrastructure investment compared to rivals like AT&T and T-Mobile, Verizon has a chance to leverage 5G to dominate business connectivity globally in the 2020s and beyond.

Verizon Business 5G reaches further than competitors today, giving the company an advantage locking in enterprise customers now that will be hard to steal later. The company is also aggressively signing deals to embed 5G in devices across industries to drive adoption.

However, ruling the world is still a long shot. 100x faster speeds or 1/6th latency may not feel necessary for industries comfortable with current connectivity. Legacy equipment like sensors and terminals will need replaced to leverage 5G too, slowing adoption. And telecom rivals are fueling global 5G investment as well as local buildouts.

Conclusion

Verizon Business 5G delivers genuinely transformational wireless connectivity tailored for enterprises. And Verizon is doing everything it can to leverage 5G leadership into an enterprise connectivity monopoly.

But businesses tend to move slowly on new technologies, even ones as fast and reliable as 5G. And telecom rivals are unlikely to hand Verizon global domination without a fight. The sheer costs involved also limit how pervasively 5G could embed in the business world.

So while Verizon Business 5G enjoys advantages from its early start, leapfrogging 4G may never occur for many companies. However, Verizon should still stand tall among providers serving enterprises hungry for the next generation of wireless connectivity. The company just may not “rule the world” through 5G alone.