text: 5G Services in North America - RnR Market Research
  5G refers to the fifth generation of mobile networks. The 5G deployment will replace or transform LTE technologies such as "LTE Advanced" and "LTE Advance Pro." 5G is basically more popular across the market due to its high speed relative to 4G or 3G. The 5G service market is booming due to the everincreasing demand for broad network coverage and high-speed internet, along with the need for reduced power consumption and low latency. A range of industries such as healthcare, manufacturing, transportation, entertainment and many others will be redefined by the emergence of 5G technology and connected services. 5G has the potential to deliver extremely wide broadband that possesses ultrareliable
  5G, which can also be referred as "5G NR (New Radio)," is a standard adopted by 3GPP (3rd Generation Partnership Project), a standards organization that was also responsible for the development of the 3G UMTS and 4G LTE standards. 5G is primarily divided into two frequency bands: FR1 (450 MHz - 6 GHz) and FR2 (24 GHz - 52 GHz). The early deployment of 5G bands are on FR1, but research continues on FR2 frequencies. The FR2 frequency band is also known as Extremely High Frequency (EHF) or millimeter wave (mmWave) frequency.