France aims to invest around 1.7 billion euros in the 5G market, and Minister of Economy, Trade and Industry Aniespaniel Lunacha and Secretary of State for Digital Cédric O announced on Tuesday morning (July 6) as the country headed towards the 5G market. Presentation of 5G and future communication strategies. It is worth 15 billion euros by 2025. EURACTIV France report..
At the start of the presentation of “National strategy for 5G and future telecommunications network technology”, announced Agnès Panier Lunachar, “We took the time to answer the question (…). Now we have to speed up. did.
To contribute to the 2025 strategy of reaching the 15 billion euros of the 5G market, the government has announced 480 million euros in public funding to support priority projects by 2022. By 2025, the funding are expected to increase to 735 million euros.
This means that more than 1.7 billion euros, combined with private investments, will have to be mobilized in the telecommunications sector over the next few years.
In the presentation, Panier-Runacher described the opportunities 5G must offer to make sectors such as automotive, hospitality and agriculture more competitive, and European Commission Commissioner Ursula von der Leyen. He also mentioned that he “has made 5G one of his priorities”.
According to Panier-Runacher, “using our know-how”, developing R&D and “supporting historical European equipment manufacturers” such as Nokia and Ericsson, it “leverage for industrial recovery”. It depends on what I called.
Digital Secretary of State Cédric O said France aims to “build a sovereign solution for its business network by 2022”.
This strategy also contributes to the development of technological bricks (links in the chain), which are sovereign to acquire a network guaranteeing a high level of security and reliability and to strengthen cooperation between France and Germany on this issue. I am planning. Most of the public funds, ie 360 million euros, will be devoted to it.
Positive economic impact
France has also announced that it will launch a 5G mission for the industry and appoint a qualified person to lead it in September, the secretary of state said.
The aim of the mission is to strengthen the synergies between the different actors. You can also consider assigning a specific 5G frequency exclusively to industrial players. “The problem is with the table,” O added.
The development of the 5G sector can have a positive impact on the economy, especially as 5G will undoubtedly spread to other industries.
France’s new strategy is expected to create 20,000 new jobs by 2025, the government said. 2016 survey Getting the most out of 5G saves more than 113 billion euros each year.
[Edited by Zoran Radosavljevic]
Source link France wants € 15 billion 5G market by 2025 – EURACTIV.com