Industry 5.0: a review of emerging trends and transformative technologies in the next industrial revolution

The emerging concept of Industry 5.0 centers on the collaboration between humans and machines within manufacturing. In contrast to prior studies, this paper thoroughly explores the essential technologies, implementation strategies, and potential applications of Industry 5.0. It offers fresh perspectives on various transformative approaches, emphasizing their capacity to boost efficiency, and conducts a comprehensive review of existing literature and case studies to illuminate the landscape of Industry 5.0. Additionally, the paper underscores the contributions of diverse technologies and strategies toward realizing the objectives of Industry 5.0. Moreover, it highlights the challenges requiring attention for successful integration and proposes future research directions to propel the field forward. Noteworthy technologies examined in this research include Edge computing, IoT, Blockchain, Artificial Intelligence, Cobots, Big Data Analysis, and 6G. This review is poised to catalyze further discourse, research, and development aimed at refining and integrating technologies for Industry 5.0 advancement.