Fifth Generation (5G) is the next evolution of mobile communication that will provide seamless and massive high speed connectivity to the society. Paralleled with the rise of 5G, it is foreseen that wearable devices particularly wearable antenna will be the significant end node for wearable devices in Millimeter Wave (mmWave) frequency bands. Thus, this paper discusses the new development of the 5G sub-6 GHz and mmWave wearable antenna, introduces the research results of the 5G mmWave wearable antenna in recent years, and addresses the key challenges in the development trend of the development trend of the 5G mmWave wearable antenna.