4 Tech Stocks Poised To Gain As 5G Deployment Speeds Up

 | Sep 15, 2019 09:33PM ET

5th generation mobile networks or 5G is set to revolutionize the way in which we interact with technology through faster download speeds and seamless transfer of data. Deployment rate of 5G is gaining traction, driven by intensive infrastructure investments and favorable trial testing results.

The next-gen network is anticipated to provide considerably higher throughput compared with the currently available standard 4G LTE network. Moreover, with reduced latency capabilities, 5G is well poised to support higher bandwidth demand from hyperscalers.

Growth Prospects Abound

5G is expected to unlock the full potential of emerging technologies such as IoT, AI, AR/VR, among others. Smart connected homes, hospitals, factories and cities, and self-driving vehicles remain key beneficiaries of 5G.

Per Allied Market Research Zacks Investment Research

Get The News You Want
Read market moving news with a personalized feed of stocks you care about.
Get The App

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Sign out
Are you sure you want to sign out?
NoYes
CancelYes
Saving Changes