5g Technology And The Economic Impact On Industry 4.0 (A Microeconomic Analysis)

Abstract

The theme of this article addresses the 5G telecommunication system available for use in society, in the industrial area and in technological advances in the production process. The connectivity provided by Fifth Generation telecommunications technology solves bottlenecks generated by industry communication services and all business sectors. This work aims to provoke a discussion about the main technical points of application of 5G Mobile technology and the Microeconomic concept in the technological advance aimed at industry 4.0. 5G will be a critical part of an enterprise's new operating environment and technology stack in the future, but to realize the potential productivity and efficiency gains that this technology can deliver, leaders need to start taking a strategic approach to implementation now, as that 5G technology is already a reality and is being tested in several nations around the world, as well as in Brazil. We know that our country, due to bureaucracy, high state regulation and low investment in research, has a considerable scientific and technological backwardness in relation to developed countries. The high regulation and bureaucracy of the Brazilian state slows down the process of technological development in our home with an impact on the productive and economic sector. We also show in this article the maturity analysis used in companies and the projection of potential GDP ( Gross Domestic Product) until 2030.