In fact, the latest Verizon (NYSE: VZ) network report illustrates just how much our data usage is changing. Overall data use across Verizon's network is up 19% compared with pre-COVID-19 levels. Though peak usage per day is up considerably more than that across various categories. For instance, peak video use is up 26%, web traffic is up 30%, downloads are up 56% and gaming is up 71%. Verizon believes this sustained network usage will be with us for the foreseeable future. And I agree. I believe COVID-19 will have lasting impacts on our lives long after the pandemic has subsided. And I think we're witnessing the speeding up of trends that were already underway. Namely, technology is the true winner in all of this, as it worms its way deeper into all facets of our lives. For example, according to a recent Gartner survey, after COVID-19 passes, only 26% of companies won't keep a substantial portion of their workforce remote... And almost half of all of the companies surveyed plan to maintain at least 10% of their workforce as telecommuters after the pandemic is over. That means, with the new world we have before us - where remote work is increasing, videoconferencing use is rising, and video games and esports are surging - faster, more robust networks will be imperative. Thankfully, the world was already laying down the framework for this reality. Though the transition was expected to take years, not months or weeks. The $11.2 Trillion Adoption in Overdrive2020 was already set to be the "Year of 5G." This is the year that big nationwide rollouts were planned for the next-gen network. It's estimated 200 million 5G smartphones will ship in 2020. Verizon expects 50% of Americans will gain access to 5G this year. AT&T is preparing for up to 153 million customers to upgrade to 5G this year. And more than 230 types of 5G devices are either already launched or in development. Here at Profit Trends, we've spent much of the last year preparing investors for the arrival of 5G. In 2019, dozens of cities around the world - from New York and London to Tokyo and Berlin - deployed networks. But we knew this was merely the beginning. The outlook for 5G is jaw-dropping. CCS Insight projects that there could be more than 1 billion 5G customers by 2023 and more than 2.5 billion by 2025... And by 2026, 5G sales are projected to top $11.2 trillion. But I think this adoption is going to happen sooner than we originally thought. We are at the dawn of the 5G revolution. But the massive changes to our daily lives - the complete upheaval from the real world into the digital realm due to the COVID-19 pandemic - will quicken the charge. We know 5G is going to be magnitudes faster than the generations before it. However, in our new world, this is no longer a luxury but a necessity. And necessities are where investors secure the best long-term gains. Here's to high returns, Matthew P.S. There's more than one way to profit from the 5G revolution underfoot. And my colleague David Fessler is pulling the curtain on one such moneymaking method. He calls it "5G Contracts." I've worked with Dave a long time. And I trust his judgment. So believe me when I say... you need to check out his research NOW! |
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