5G is the fifth generation of mobile network technology that is expected to offer significantly increased bandwidth, reduced latency, and connectivity for many new devices. Key performance gains of 5G networks include up to 1000 times more bandwidth per area, support for up to 100 times more connected devices, connection rates up to 10Gbps, near 100% network coverage, and latency below 1ms. 5G will enable new applications beyond faster mobile video by providing ultra-high speed connectivity for HD video as well as low data rates for sensor networks.