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The following is the Evaluation report on the European 5g action plan From high pass recommended by recordtrend.com. And this article belongs to the classification: 5g industry, research report.
In collaboration with Analysys Mason, Qualcomm and Ericsson released the report “evaluation of the European 5g action plan”.
The potential economic value of full 5g as an “open innovation platform” can increase Europe’s revenue by 210 billion euros.
The report found that Germany had the highest overall net income of 38.5 billion euros, with an investment of 6 billion euros and a cost-benefit ratio (CBR) of 7.5. Switzerland’s CBR will reach 14.7, the highest record, and the investment of 700 million euro alone will bring about 10 billion euro net income.
At the use case level, the economic benefits that have the greatest impact on European GDP come from smart factories, agriculture and FWA (suburban and rural) use cases, which provide net income of 58 billion euro, 37 billion euro and 18 billion euro respectively.
“As an open innovation platform, 5g provides the critical infrastructure needed to help Europe achieve a sustainable, resilient and inclusive economic recovery,” said Gabriel Solomon, head of government and industry relations for Ericsson Europe and Latin America
The research focuses on four key areas: intelligent production and logistics, intelligent countryside, intelligent city and intelligent public service. The net income of smart production and smart rural cluster is the largest, with 70 billion euro and 55 billion euro respectively, although their CBR is lower than that of smart city and smart public service cluster.
The study also identified key areas where some or all of the public funds are needed to achieve the benefits. These projects cover health care and hospitals, municipal buildings, education, tourism, agriculture and urban hot spots including public transport. Less than 20 billion euros of public funds can provide more than 50 billion euros of benefits.
In addition to the economic benefits of investment, this study also outlines many of the key environmental and social benefits of 5g connectivity. Worker safety, highly skilled labor force, reduction of carbon emissions and energy use, less resource intensive production, social inclusion, and even import and export security are all emphasized as supplementary welfare.
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