Europe need acceleration as Investment in 5G is higher in the US and Asia

BICS brings international 5G connectivity to global IoT... Feb 23, 2021 The picture that emerges is one of a significant funding gap between Europe and the United States in terms of venture capital funding for the 5G innovation ecosystem of between €4.6 billion and €6.6 billion annually. This investment gap represents a major challenge for the rapid evolution of 5G in Europe, which runs the risk of being left behind in the race for 5G leadership, in the uncertain context of recovery from the pandemic. 5G innovation is a key driver for fostering European competitiveness, innovation and economic growth while…