Since 3G, the Third Generation Partnership Project (3GPP) has standardized features and specifications for wireless cellular networks around the world. "5G-Advanced enhancements will unleash a diversity of new capabilities for fixed/mobile broadband as well as vertical industries powered by artificial intelligence, machine learning, and full duplex technologies based on a single platform. Chris Pearson, President of 5G Americas said, "The work done by 3GPP in Release 17 improved 5G New Radio (NR) by adding support for new services, reduced-capability user equipment, non-terrestrial networks, frequency bands beyond 52GHz, and the multicast and broadcast service (MBS). He further added, "The next few years will see initial work on Release18, the 5G-Advanced standard, which will offer a boost to network performance and create even more opportunities." This 5G Americas paper provides a detailed background on 3GPP's work leading into 2025, focusing on the organization's processes, a review of major enhancements and new vertical applications, an assessment of global market trends and use cases, and a developmental timeline for currently active 3GPP releases. It also covers radio access technologies, highlighting 22 new and enhanced RAN features and capabilities.