Cellular technology progressed miraculously in the last decade. It has redefined communication paradigm. Statistics provided by Ericson and Cisco show the number of mobile connected devices will reach figures of 9.2 billion and 11.6 billion respectively by 2020. Overall connected devices will surpass 50 billion then. Extremely higher data rates, zero latency, massively scalable, connecting everything anywhere is what that 5G promises. To meet such ambitious goals which apparently seems challenging, the tools and technologies that mobile communication has in its repertoire and what it needs more either enhancement in existing solutions or new solution or joint venture of both, is a question that demands an answer. To realize 5G, evolution and revolution both approaches are being employed. Evolution seeks enhancements in existing technologies while revolution looks for new innovations and technologies. Extension in frequency spectrum, network densification, MIMO, carrier aggregation, Centralized-RAN, HetNets, and Network Functionality Virtualization are the key enablers. This paper disseminates information about ongoing research and development of 5G.