(1) 5G is the next generation of wireless technology that aims to increase data speeds up to 3 times more than 4G and incorporate new technologies like beamforming and millimeter waves. (2) The Internet of Things connects physical devices over the internet and will see 50 billion devices connected by 2020. (3) 5G will be able to handle 1000 times more traffic than current networks, have speeds up to 1 Gbps, and be the foundation for technologies like virtual reality and autonomous vehicles.