In order to accelerate the development of 5G, and in particular in the industrial world, the State is targeting €1.7 billion in public and private investment until 2025. The executive "will mobilise €480 million in public funding to support priority projects between now and 2022, and is aiming for up to €735 million in public funding between now and 2025 in order to mobilise, through a leverage effect, up to €1.7 billion in investments between now and 2025", said Agnès Pannier-Runacher, Minister for Industry, at a press conference on 6 July.
The problem for the government today is not to deploy 5G infrastructure but to accelerate the development of 5G use cases. In September 2020, the State has already selected 18 projects that will receive 83 million euros of public money, for a total investment of 260 million euros.
Three other projects have been announced and will receive €10 million of public money: a machine-to-machine communication (mMTC) project led by the engineering and consulting company Médiane Système, a network acceleration card from the Grenoble SME Kalray, and a building ventilation and heating control solution from another Grenoble SME, Adeunis.
The public funds will come from France Relance, the plan to support the economy after the Covid-19 crisis, and the 4th programme for future investments. The government estimates that this effort to stimulate 5G applications could create 20,000 new jobs by 2025, and bring the 5G market in France to 15 billion euros by that date.
Source : FrenchWeb.fr