Analyzing mmWave Bands from a techno – economic perspective in 5G networks

The data rates used by mobile network subscribers have been augmented the last few years either via excessive social media usage or video-streams. Thus, most traffic is exchanged in video form online. The next decade almost 7-10 devices per person will be connected via the Internet. The Internet of Things (IoT) is a technology contributing in this direction, as simplistic domestic devices such as cookers, fridges etc. are going to be connected in the Internet and will offer the chance of remote managing of these appliances via applications in mobile phones.
Nowadays, mobile subscribers require augmented demands in terms of mobile service experience, which require large network resources. Users are not extremely content by network’s efficiency and ask for better services in lower prices. They also require coverage on the most remote places, such as high mountains, beaches etc. as social media are a huge part of the everyday life and thus, users want to stay connected as much as possible