5G mobile technology will be the next phase of mobile networks that aims to address challenges of 4G networks. It will provide faster data transfer speeds and lower latency. 5G networks will be based on an all-IP architecture and use technologies like OFDM. 5G aims to support capabilities like ubiquitous computing and wireless support for the internet of things. It is expected to offer data speeds up to 25 Mbps and support almost 65,000 connections simultaneously by using technologies like beamforming and network function virtualization.