With Webpack 5, the `raw-loader` is no longer needed and its functionality is provided via configuration options within the Webpack configuration via asset modules. Asset modules (https://webpack.js.org/guides/asset-modules/) provide a built-in way to provide `raw-loader`, `url-loader`, and `file-loader` functionality without additional dependencies.
With this change we update the target and module settings of various compilation units.
- We replace ES5 target in protractor. Protractor runs on Node.Js which support ES2018
- For applications we now use `ES2020` instead of `ESNext` as a module to avoid unexpected changes in behaviour
This changes also adds a migration to update existing projects and also removes `module` from the Universal tsconfig as per #17352 to enable lazy loading on the server.
