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Extremely low latency in combination with high availability, reliability and security will define the character of the Tactile Internet. It will have a marked impact on business and society, introducing numerous new opportunities for emerging technology markets and the delivery of essential public services. This Technology Watch report outlines the potential of the Tactile Internet, exploring its promise in application fields ranging from industry automation and transport systems to healthcare, education and gaming. It goes on to describe the Tactical Internet’s demands on future digital infrastructure and its expected impact on society, concluding with a brief discussion of the role to be played by the ITU framework.