Smart Mobility Exporter Resource Guide | Page 78

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United Kingdom

Although 5G is starting to arrive in the UK only a small number of people will initially be able to get it. Only a limited number of the most modern handsets are compatible with 5G – with no iPhone option yet. For most, 5G is extremely expensive, the number of networks to offer it is limited and it is only available in certain cities. Whole coverage of the UK is expected to be 5G-ready in 2022.

Internet of Things (IoT)

UK growth of IoT is not only in the home, with the use of devices such as smart TVs, smart fridges smart washing machines and security cameras. Increasingly businesses are connecting devices to the internet and turning them into intelligent assets that can help drive greater efficiencies, increase competitiveness, develop new business models and provide solutions to problems.

2020 is set to become the year when IoT enters the stage and begins to change how businesses and industry operates. Now that 5G has already started to roll out across the UK, the last component of the essential foundations IoT needs to deliver transformative services has arrived. IoT in its business and industry guise is set to deliver what some are calling a revolution. With billions of smart devices entering the IoT ecosystem.

The adoption of IoT is becoming increasingly common in a wide range of UK sectors. One of the top three sectors for adoption is the energy and utilities sector. It’s most conspicuous application of IoT to date is the continued roll-out of smart meters by the UK’s energy companies. This growing ecosystem of devices will soon be joined by other smart services linked to domestic appliances in the home, massive sensor networks in the UK’s cities and, intelligent factories as Industry 4.0 (i4.0) become a tangible reality. It will also touch retail, financial services, agriculture and business processes.

The medical field is showing a strong appetite for smart devices and IoT. Connected technologies can provide doctors and heathcare providers with an accurate measure of whether patients are following their treatment. IoT also provides tools that help the patient with their own health by connecting devices to hosting and analytics. Remote surgery and 5G connected ambulances will improve access to the best medical care help to make expertise more widely available.

Capital: Budapest

Population: 9.66 million (2020)

GDP: US$161 billion

Currency: Forint (HUF)

Language: Hungarian