5G networking will be one of the biggest developments in technology since the advent of personnel computing. All technologically advanced countries are spending large amounts of money and resources to gain the edge in this market. Most of these countries are either subsidizing the companies involved in Developing the network or fully funding the development with state funds. The US is relying totally on the private sector to give us the edge. As a result China has over a 100 times more 5G towers than we do. Whomever wins the race to implement 5G will have the technological edge for the next 20 to 30 years.
Why is 5G network so important? It has a much greater coverage. It will be instrumental in the rural parts of the country finally getting high speed internet access. 5G is a 100 times faster than 4G. It also allows for thousands of more devices on each local hub. This will be significant in making houses intelligent and therefore more efficient. Households will eventually have only intelligent appliances that can be controlled by remote access, i.e. cell phone.