Unexpected instances have posed challenges to production lines over the last few years. The latest COVID-19 global epidemic is one notable example. In addition to its social impact, the virus has destroyed the traditional industrial production system. Industry 4.0 requires adapting to changing prerequisites with adaptability. However, the next movement, Industry 5.0, has emerged in recent years. Industry 5.0 takes a more coordinated approach than Industry 4.0, with increased collaboration among humans and machines. With a human-centered strategy, Industry 5.0 improves Industry 4.0 for greater sustainability and resilience. The concept of Industry 4.0 is the interconnection via cyber-physical systems. Industry 5.0, also associated with systems enabled by Industry 4.0, discusses the relationship between “man and machine,” called robots or cobots. This paper discusses the industry 5.0 possibilities, the restrictions, and future analysis potentials. Industry 5.0 is a new paradigm change that tends to bring negotiated settlement because it places less prominence on technology and assumes that the possibilities for advancement are predicated on collaboration between humans and machines. This paper aims to examine the potential implementations of Industry 5.0. Once the current progress and problem were discovered, the previous research on the investigated topic was reviewed, research limitations were found, and the systematic analysis procedure was developed. The classifications of industry 5.0 and the sophisticated technology required for this industry revolution are the first subjects of discussion. There is additional discussion of the application domains enabled by Industry 5.0, such as healthcare, supply chain, production growth, cloud industrial production, and so on. The research also included challenges and problems investigated in this paper to understand better the issues caused by organizations among some robotic systems and individuals on the production lines.