Abstract-Over the past years, carrier frequencies used for wireless communications have been increasing to meet bandwidth requirements. The engineering community witnessed the development of wide radio bands such as the millimeter-wave (mmW) frequencies to fulfill the explosive growth of mobile data demand and pave the way towards 5G networks. Other research interests have been steered towards optical wireless communication to allow higher data rates, improve physical security and avoid electromagnetic interference. Nevertheless, a paradigm change in the electromagnetic wireless world has been witnessed with the exploitation of the Terahertz (THz) frequency band (0.1-10 THz). With the dawn of THz technology, which fills the gap between radio and optical frequency ranges, ultimate promise is expected for the next generation of wireless networks. In this paper, the light is shed on a number of opportunities associated with the deployment of the THz wireless links. These opportunities offer a plethora of applications to meet the future communication requirements and satisfy the ever increasing user demand of higher data rates.