4G is the fourth generation of wireless technology that provides faster internet access on mobile devices. It replaces 3G networks and uses technologies like OFDM, MIMO, and IPv6 to transmit data more efficiently. 4G offers theoretical download speeds of up to 1 gigabit per second, allowing users to stream high quality video, use VoIP calling, and access social media with greater ease while on the move. However, 4G also faces limitations including higher data costs, the need for new network infrastructure and 4G-compatible devices, and limited coverage areas compared to 3G networks.