Communications technology supports the foundation of all development
6G is even more advanced than 5G
Will the boundary between real and virtual disappear?
By combining with AI and communication satellites, super smart cities will become a reality
▶China's EC market size "Source: China Institute of Commerce and Industry"
According to data for 2023, China's live commerce market is estimated to reach about 3 trillion yuan (about $450 billion).
This represents a growth of more than 30% from the previous year, and the momentum is not slowing down. In particular, the demand for online shopping has increased sharply due to the coronavirus pandemic, and live commerce has gained momentum and become more widespread.
Considering that the market size of live commerce in the country was about 1 trillion yuan (about $150 billion) in 2020, it can be seen that it has expanded rapidly in the following few years.
This rapid growth shows that live commerce is not just a temporary fad, but has also become deeply rooted in consumer purchasing behavior. This rapid growth was supported by ultra-high-speed communication.
Even in 2024, the evolution of communication technology is having many effects, from daily life to the industrial sector. In particular, the spread of 5G and the 6G technology that is expected to be realized in the future have the potential to not only improve communication speeds, but also fundamentally change the structure of society as a whole.
5G will achieve a maximum communication speed of 10Gbps, making it possible to transfer data about 100 times faster than 4G. In addition, the latency is very short at less than 1 millisecond, making it ideal for applications that require real-time performance.
This is expected to lead to major advances in areas such as online gaming, remote control, and medical surgery. In addition, mass connection is now possible.
It is said that 5G can connect about 1 million devices per square kilometer, so it will support a world where everything is simultaneously connected to the Internet and the spread of IoT devices. This will bring about a future where a large number of devices, such as smart homes, smart cities, and self-driving cars, work together seamlessly.
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Iolite Vol.13
May 2025 issueReleased on 2025/03/28
Interview Iolite FACE vol.13 Joseph Lubin, co-founder of Ethereum and founder of Consensys
PHOTO & INTERVIEW Yusuke Narita
Features: "Dawnbreak Players 30: 30 Web 3.0 Players to Watch in 2025", "How to Use EXPO2025 DIGITAL WALLET", "The Global Controversy Over Meme Coins: What Happened in the U.S. and Argentina", "Finally, Technology Has Entered the Social Implementation Phase: Examples of Web 3.0 Use in an Era of Declining Population"
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Special Series: Virtual Nishi: "Market Trends in Crypto Assets and Key Points to Interpret"
Series: Tech and Future: Toshinao Sasaki, etc.