5G is the fifth generation of wireless networks which is a new global standard after 4G. This technology is designed in such a way that it can connect everything and everyone virtually into one frame. It will offer data rates in multi - gbps , more reliability than previous generations and is able to connect massive devices together, increased availability and can give a good user experience. 5G will have an impact on every business and industry because it will offer more data rates, high reliability and low latency which will be beneficial for various industries like logistics, remote healthcare, precision agriculture and many more. 5G is designed to have ability to support future services which are yet to be discovered. 5G will provide enhanced mobile broadband access, mission critical communications, and massive IoT( Internet of things). 5G can also deliver much lower latency for uniform user experience so that the data rates stay constantly high even when the users are moving.