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INSG stock has been on an impressive bull run in recent months as 5G moves closer to reality. The company also showcased its Augmented Reality-enabled Smart Glasses, manufactured by Vuzix and enabled by Inseego’s technology.
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Some of the products showcased by Inseego at CES 2020 include the Connected Car, a collaboration with Veoneer, Ericsson (NASDAQ:ERIC), and Verizon (NYSE:VZ) for a range of new driver supports, collaborative driving, and self-driving solutions enabled by Inseego 5G products. Leveraging Qualcomm’s Snapdragon X55 5G modem, Inseego unveiled its next-gen 5G products at the flagship Consumer Electronics Show in Las Vegas last month.
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Inseego has partnered itself with one of the most critical firms to 5G, Qualcomm (NASDAQ:QCOM), which manufacturers the Snapdragon processor, the chip used in the vast majority of Android and iOS mobile devices. The California-based company is focused on developing intelligent IoT device-to-cloud solutions that enable high-performance mobile applications for large enterprise verticals, service providers, and small-to-medium businesses around the globe.


Inseego is one of the most pioneering firms in the development of 5G. Let’s take a look at three with massive potential in the 5G connected future. While all the usual suspects, like Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Samsung (OTC:SSNLF), and many other big hitters are all hard at work preparing for 5G, there are countless smaller companies playing a key role in the 5G revolution. This new wave of wireless technology will have far-reaching implications on pretty much every industry, business, and consumer around the world, but the work of actually designing, building, and implementing the necessary technology and infrastructure is no mean feat. From driverless cars to the Internet of Things (IoT), the next generation of wireless communication looks set to be the most disruptive force since the advent of the internet over 25 years ago. With the promise of download speeds up to 100 times faster than the current generation, 5G opens the door for a whole new world of possibilities across the spectrum of industry and business. 2020 will see the widespread rollout of 5G networks around the globe, with many major phone makers gearing up to launch their next generation of handsets at some point this year.
