
With continuing digitization and remote lifestyle adoption, the fifth-generation cellular network, 5G, which is at least 10 times faster than 4G, is conquering the internet industry. Due to the rapid rollout of 5G by operators, strong demand in China and North America, and the availability of affordable handsets, worldwide 5G mobile subscriptions are expected to exceed 3.4 billion by the end of 2026.
Also, the 5G standard, with its impressive features, is facilitating the autonomous vehicle industry and is set to power the Internet of Things (IoT). So, fundamentally sound 5G stocks Telefonaktiebolaget LM Ericsson (publ) (ERIC) and Ciena Corporation (CIEN) could be solid bets now.