The sending rate on the microcontroller is currently ~3 bytes/second. The latency is usually between 1 and 60 minutes. That's not much, but it has value for industrial machine-to-machine communications. (That's IoT without the hype.) Like commercial air conditioning units. They can send in minimal data ("compressor 1 running, compressor 2 stopped, system OK") to a maintenance service without needing a cellular accoun…
For critical data like that, it would make more sense to just have a modem on board. 5G should make this more possible with increased device limits.
5G is only useful if you need bandwith in an area with very high contention, like a stadium, or you're in an area remote enough that the lower frequencies work but the higher ones don't.