Abstract
Ten years after the introduction of the Industry 4.0 concept, which aimed to revolutionize industry and dehumanize production systems, trends and directions in industrial development are evolving. There is a shift away from viewing technology development solely as a means to increase productivity and production flexibility, towards building a future based on core values. The European Commission has identified key pillars that should be emphasized when considering contemporary industrial development. These pillars include a human-centric approach, sustainable economic growth, and the development of the economy’s resilience to crises. The new concept of Industry 5.0 focuses on the digital transformation of the economy by prioritizing socio-economic well-being, environmental sustainability, and human safety. Based on a bibliometric literature analysis and a systematic literature review, this article aims to identify key research areas related to the implementation of the Industry 5.0 concept. In addition, in the article, the authors made their own assessment of the impact of the identified research areas on achieving the social, economic and environmental goals of implementing the Industry 5.0 concept.