TRANSITION TO INDUSTRY 5.0: CHALLENGES AND OPPORTUNITIES

The rapid introduction of innovative solutions and digitalization of all spheres of human activity and society has led mankind to a new round of technological progress, designated by the term “Industry 5.0”. The article analyzes the differences between Industry 5.0 and Industry 4.0, the key of which is the focus on the development of human capital and human-centricity. The problems of the transition to Industry 5.0 faced by countries with middle and low income per capita are highlighted, and some solutions are proposed. The dynamics of the 5.0 Industry market development is assessed. The key market trends in Industry 5.0 development are identified, including growth factors, problems, technologies and leading countries. The article is of interest to a wide range of specialists dealing with the problems of innovative development, digitalization of the economy, human capital management and long-term strategic.