5G networks are the next generation of mobile internet connectivity, offering faster speeds and more consistent connections on smartphones and other devices than ever before Merging cutting-edge network technology and the very latest study, 5G should offer connections that are multitudes faster than current connections. With average download speeds of around 1GBps estimated to soon be the average. With development well underway. 5G networks are expected to launch across the world by 2020

The advantage of 5G promises to be the biggest leap forward in digital communications performance since the switch from 56K dial-up to broadband/cable. It has been hailed as the gateway to a new and transformative world of integrated technologies. Also 5G offers network running features, among them network allows mobile operators to create multiple effective networks within a single physical 5G network. This capability will enable wireless network connections to support definite uses or business cases and could be sold on an as-a-service basis. 5G is next generation of mobile broadband that will replace the 4G LTE connections. With 5G we will exponentially faster download and upload speeds.

With 5G much business expected. That bring number of benefits in all size of business. Also number of jobs create .In healthcare, business, education, industries much revenue expected. Regarding this some surveys occurred that says that more than 90% new products and services that have yet to be developed and more than 80% expect new industries to develop. Expect small business growing and more global competition imagine it to make companies more globally competitive expected and improved productivity.

  Entrepreneurs and governments alike are eagerly expecting 5G to power a financial and economic bonanza, as a surge of new AI, industrial and commercial apps are rolled out to billions of new customers. Additional revenues of up to $12trillion over the next 15 years have been projected by some analysts, and visitors to the 2018 World Economic Forum at Davos went so far as to describe the advent of 5G as the “Fourth Industrial Revolution.”

With this level of financial incentive, it’s not surprising that governments, private companies and public/private partnerships are racing to set up the necessary systems to implement the technology.

A national 5G network might simplify the spectrum situation. You potentially could speed the rollout of 5G by making more efficient use of the spectrum that’s available. The wireless spectrum needed for 5G could be allocated to just one network, instead of sliced up and auctioned off to numerous network operators. And the biggest downside of nationalized 5G is personal privacy.

But as exciting as the potentialities of 5G are, there’s a significant problem in that the higher frequency wireless wave (the millimeter wave) used by 5G has a much shorter range than 4G, which means that many more base stations and antennas will be required for 5G to function. These stations also need to be physically linked by fiber; an enormously expensive investment in infrastructure is therefore required before 5G can reach its full potential. But before 5G can become universally available, it will be necessary for current network infrastructures to be substantially upgraded.

The coming of 5G technology will be a huge boost for companies looking to develop Internet of Things (IOT) applications. Improved connectivity, faster connections and lower latency will enable more users to transmit more data simultaneously. All manner of different businesses and systems developers will be able to bring new technologies online, supported by networks of interconnected systems.5G will therefore dramatically accelerate the progress of the IOT. Connected smart homes, businesses, factories, offices and all kinds of essential services will lead to the growth of smart cities around the globe. In addition, initiatives such as Open RAN have helped facilitate and extend access by providing standardized network interfaces. One of the major problems anticipated with the introduction of 5G is the potential high cost of the initial physical infrastructure. But nationalization, or cooperation between public and Private sectors, may be a way to reduce these costs and ensure the widest possible availability of the new technology.

In localization 5G will support network based localization. Recently the Turkish mobile company the Turkcell and South Koreas leading company Samsung do an experience on 5G .In that event they do Experience on 4k live videos ,360 degree cameras. Also both companies have signed a letter that contribute with each other regarding in 5G in future. And in Europe other countries are doing experience on 5G. Italy also do experience on 5G also many meeting held in Italy where discussed all 5G related issues. And TIM, organized with Ericsson and Qualcomm Technologies Inc., has positively completed the main 5G connection in Italy on TIM’s living network using the country first 5G model smartphone. And orange Belgium is the first that represent real 5G demos. Also in Belgium project establish on NFV that mostly completed in 2020. Orange network is now ready to welcome 5G. Orange and Nokia are working on 5G technology. Nokia also developed some demos about 5G. Also developed demos on balancing robots and autonomous cars .also Living 360 degree cameras.