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It has been speculated that by the year 2050, technology will have progressed to the point of complete autonomy. This paper scrolls through patent pathways and intellectual developments throughout the industrial revolutions listing significant products and services that landmarked each revolution up to Industry 4.0. The patent trails and the recent IPR inputs are expected to assist readers in fast‐tracking up to speed on the bleeding edge of the current research pools while having an eagle's eye perspective on the previous developments so far. The research pools of Industry 4.0 are classified and explored. A lack of Human‐machine workforce synergy in Industry 4.0 and the nascent “customized manufacturing” concept is addressed in subsequent sections. The paper classifies two expected phases of Industry 5.0, highlighting the subdomains touted to be its focal areas. Lastly, Industry 5.0's niche research areas are checked and a suitable pathway to achieve the goals set for the sixth revolution is proposed.

Long-range radio (LoRa) communication is a widespread communication protocol that offers long range transmission and low data rates with minimum power consumption. In the context of solid waste management, only a low amount of data needs to be sent to the remote server. With this advantage, we proposed architecture for designing and developing a customized sensor node and gateway based on LoRa technology for realizing the filling level of the bins with minimal energy consumption. We evaluated the energy consumption of the proposed architecture by simulating it on the Framework for LoRa (FLoRa) simulation by varying distinct fundamental parameters of LoRa communication. This paper also provides the distinct evaluation metrics of the the long-range data rate, time on-air (ToA), LoRa sensitivity, link budget, and battery life of sensor node. Finally, the paper concludes with a real-time experimental setup, where we can receive the sensor data on the cloud server with a customized sensor node and gateway.