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5G: The Next Generation of Mobile Connectivity

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Just before the smartphone revolution, Nokia was by far the world’s most popular mobile handset manufacturer.

However, despite selling 250 million units of its two most popular block-shaped models in the mid-2000s, the Finnish company ended up being woefully late to the smartphone party. Not only was the company ill-equipped to match the iPhone and Blackberry in terms of technology and design features, but Nokia also failed to foresee how exponential advances in mobile connectivity would change how people ultimately used their devices.

As true broadband connectivity shaped the mobile experience, the phone was no longer just a phone – it was transformed into a seamless hub for any and all digital activity.

The 5G Experience

In the coming years, the newest generation of mobile connectivity – 5G – will roll out and change what is possible again. With maximum speeds up to 1,000x faster than 4G, this new technology will again shift consumer behavior, as well as how we view smartphones, communications, IoT, gaming, and AR/VR.

Today’s infographic comes to us from Cradlepoint, and it highlights how the switch to 5G is unfolding, and what it could mean to you.

5G: The Next Generation of Mobile Connectivity

The switch to 5G is already well underway, with countries like China and the United States spending billions of dollars since 2015 to get infrastructure in place.

And by 2035, it’s estimated that 5G will enable $12.3 trillion of global economic output, according to a recent report from IHS Markit.

What 5G Will Mean

Here are some of the key differentiators that 5G will provide to future wireless connectivity:

10x decrease in latency
Latency will be as low as 1ms.

10x increase in connection density
This will enable more efficient signaling for IoT connectivity.

3x spectrum efficiency
More bits per Hz will be achieved with advanced antenna techniques.

100x traffic capacity
This will drive network hyper-densification with more small cells everywhere.

10x experienced throughput
Multi-Gbps peak rates will be achieved with uniformity.

100x network efficiency
Network energy consumption will be optimized through more efficient processing.

The switch to 5G will mean longer battery life for devices, lower costs, enhanced cellular footprints, higher throughput, enhanced capacity, low latency, and virtually no packets dropped.

More importantly, as a result of these changes, how mobile connectivity looks in 10 years may be as unrecognizable as the Nokia block phone era does to us today.

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Ranked: The 20 Biggest Tech Companies by Market Cap

In total, the 20 biggest tech companies are worth over $20 trillion—nearly 18% of the stock market value globally.

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A portion of the top 20 biggest tech companies visualized as bubbles sized by market cap with Apple as the biggest.

Ranked: The 20 Biggest Tech Companies by Market Cap

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

The world’s 20 biggest tech companies are worth over $20 trillion in total. To put this in perspective, this is nearly 18% of the stock market value globally.

This graphic shows which companies top the ranks, using data from Companiesmarketcap.com.

A Closer Look at The Top 20

Market capitalization (market cap) measures what a company is worth by taking the current share price and multiplying it by the number of shares outstanding. Here are the biggest tech companies according to their market cap on June 13, 2024.

RankCompanyCountry/RegionMarket Cap
1AppleU.S.$3.3T
2MicrosoftU.S.$3.3T
3NvidiaU.S.$3.2T
4AlphabetU.S.$2.2T
5AmazonU.S.$1.9T
6MetaU.S.$1.3T
7TSMCTaiwan$897B
8BroadcomU.S.$778B
9TeslaU.S.$582B
10TencentChina$453B
11ASMLNetherlands$415B
12OracleU.S.$384B
13SamsungSouth Korea$379B
14NetflixU.S.$281B
15AMDU.S.$258B
16QualcommU.S.$243B
17SAPGermany$225B
18SalesforceU.S.$222B
19PDD Holdings (owns Pinduoduo)China$212B
20AdobeU.S.$206B

Note: PDD Holdings says its headquarters remain in Shanghai, China, and Ireland is used for legal registration for its overseas business.

 

Apple is the largest tech company at the moment, having competed with Microsoft for the top of the leaderboard for many years. The company saw its market cap soar after announcing its generative AI, Apple Intelligence. Analysts believe people will upgrade their devices over the next few years, since the new features are only available on the iPhone 15 Pro or newer.

Microsoft is in second place in the rankings, partly thanks to enthusiasm for its AI software which is already generating revenue. Rising profits also contributed to the company’s value. For the quarter ended March 31, 2024, Microsoft increased its net income by 20% compared to the same quarter last year.

Nvidia follows closely behind with the third-highest market cap, rising more than eight times higher compared to its value at the start of 2023. The company has recently announced higher profits, introduced a higher dividend, and reported that its next-generation GPU chip will start generating revenue later this year.

AI a Driver of the Biggest Tech Companies

It’s clear from the biggest tech companies that involvement in AI can contribute to investor confidence.

Among S&P 500 companies, AI has certainly become a focus topic. In fact, 199 companies cited the term “AI” during their first quarter earnings calls, the highest on record. The companies who mentioned AI the most were Meta (95 times), Nvidia (86 times), and Microsoft (74 times).

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Voronoi, the app by Visual Capitalist. Where data tells the story. Download on App Store or Google Play

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