The biggest technical differences from today's 4G standard and the next generation of wireless Internet are that 5G will allow much higher speeds and for many more sensors and devices to be connected to the same network at the same time.
Mats Svärdh, vice president of network and IT infrastructure at the telecom operator TeliaSonera, says that the launch of 5G in 2018 will mostly benefit the tech industry at first, but adds that customers will probably see many new services and applications as a result.
"This could be things like self-driving cars or robots working in mines. These things require a very low latency, which the current infrastructure cannot deliver," says Svärdh.
Svärdh also says that things like health applications could benefit from 5G, as they often require many sensors to gather data simultaneously.
The new technology will also mean much higher bandwidth for people who live on the countryside, according to Svärdh, adding that it may take a while until everything is in place for a nationwide launch.
"Our best guess is that we will have everything ready by 2020. In two years we will see a set of services that are not possible today, but we will probably not be able to offer everything that 5G can offer by then," Svärdh says.