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At a telecommunications conference hosted by Huawei late last year, I told a group of senior executives looking for growth opportunities in a saturated market that 1 billion new mobile subscribers were just waiting for their services.According to a McKinsey Global Institute study, a fully networked Internet of Things (IoT) could add up to $11 trillion to the global economy every year by 2025 .A particular challenge will be upgrading systems to handle industrial video, which is fast becoming integral to modern manufacturing.To transmit this information, cameras need bandwidths of up to 10 gigabits per second, and a single factory may have 1,000 cameras running simultaneously.Second, when it comes to data latency, today's networks are designed for human perception, which tolerates a fairly high degree of delay. In particular, the wireless spectrum – airwaves across which data travel invisibly to and from connected devices – will form the basis of many digital services.
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