The discussion surrounding the ongoing development of the fifth generation of cellular networks, or “5G,” has invoked intense anticipation, deep-seated fear, and general confusion. 5G has the power to be a transformative technology, but it is widely misunderstood. Barclays’ polling found that only 28 percent of businesses know what 5G is and what it could do. This gap creates a competitive advantage for companies that are better able to understand 5G and craft effective 5G strategies. In our 5G series, FP Analytics analyzes three distinct aspects of 5G: Technology and Infrastructure, The Global Competitive Landscape, and National Security, which are essential to fully understanding the evolving industry and the range of commercial and geopolitical implications.