As 5G begins to be widely available, several things will happen. Firstly, in addition to exponentially faster speeds, 5G will also introduce greater capacity, reduced latency, and more flexible service delivery. This will enable organizations to provide better content, more real-time transactions, and much richer user experiences across entertainment and commercial activities.
Lower latency and highly reliable connections will then enable greater edge-based computing without the need for nearby data centers to support latency-sensitive transactions and workflows. Instead, by provisioning computing services closer to end-users, 5G servers will acquire enough intelligence to act as application servers — supporting a wide array of edge-based applications, transactions, and business processes. Eventually, when 5G speeds and capacity are combined with the unprecedented power of edge devices, we will see the creation of new edge-based networks that can share and process information locally, as well as cloud-based resources.
Because these edge-based computing resources will be highly distributed, they will need to be interconnected using enterprise-grade applications and high-speed connections to ensure that the huge volumes of data, workflows, and transactions they will create are tracked and analyzed in real-time. 5G networking will also offer application developers and content providers cloud computing capabilities and an IT service environment at the edge of mobile networks to create new services. However, these open, hyperconnected edge networks will also have serious implications for how devices, data, applications, and workflows can be managed, along with how they connect to traditional and cloud-based networks.
5G will also have an impact far beyond interconnecting endpoint devices. IoT devices will be enlisted to track other devices and users, monitor inventory, gather user and device information, and provide real-time data that can impact everything from agile application development and manufacturing floors to managing and coordinating resources in highly connected environments such as smart cities.
source: What Are the Security Challenges of 5G and IoT? | Fortinet