According to a study by PwC, 5G technology is predicted to increase global GDP by $1.3 trillion by 2030 and India’s GDP by $42 billion, which will increase demand for 5G specialists across a variety of industries.
UpGrad’s co-founder Phalgun Kompalli told FE that 5G will lead to the creation of new industries and impact existing businesses. ‘Organisations will need to streamline communications and adapt to the new wave of connectivity that will create extraordinary levels of change in the workplace, making 5G-ready employees a must.’
The additional 3 million jobs that 5G will create will fuel the need for technical skills and experience. He said some experts estimate that 5G could generate $12.3 trillion in revenue across a wide range of industries.
Kompalli said these new jobs will require new skills, including:
Cloud-based solutions and security expertise: The 5G era will require knowledge of both software and endpoint security. You will need to scale your networks as millions more devices enter the corporate environment. It is essential to have expertise in virtualisation and cloud technologies in order to satisfy the expectations of the 5G network.
With the introduction of 5G, businesses will be able to gather more data from sensors and connected devices. You will need this expertise to extract insights and analytics from this big data to optimize your business models and operations.
In spite of the fact that many smart gadgets, like wearables and smart cars, utilize GPS technology to locate themselves, 5G has the potential to revolutionize this industry. Smart, connected devices will replace current design concepts. Mechanical engineers need new skills to keep up with the expanding ecosystem of interconnected devices.
A future-proof circuit design for low power usage is particularly important for engineers in the field of electrical engineering. Microcontroller programming experience will also be helpful.
5G’s complexity is one of its biggest challenges, since it is designed to be used with a wide range of applications. As 5G provides a platform for the coexistence of numerous wireless technologies, technology providers must overcome obstacles related to signal spectrum, transmission methods, security, network connectivity, etc. Job creation will also increase as 5G technology becomes more accessible. Our workforce should be upskilled for the future and ready to face this challenge.
