GIGAEurope, together with Telecom Advisory Services, released a study which demonstrates the impact of 10Gbps internet speed on the economy, jobs and innovation.
The report demonstrates how 10Gbps connectivity supports a new generation of digital services to consumers, businesses and governments. 10Gbps supports the runway of existing electronic communications networks, providers’ innovation roadmap and the role of private investment and public policy in realising the socio-economic benefits resulting from a 10Gbps scenario.
What is even more incredible than future tech is what innovation makes possible. The report provides examples on how 10Gbps and new technology truly change the way we connect and interact with oneanother and the world around us.
A few examples: innovations in healthcare – sensory body reading and COVID collabs, remote diagnostics and tele-surgery; innovations in mobility and self-driving cars; innovations in education via holographic tables, virtual and augmented reality; innovations in work via advanced teleworking and video walls. All these innovations rely on the availability of 10Gbps networks.
The study provides a snapshot of the significant economic impact of 10Gbps on Europe’s economy. It presents how 10Gbps will enhance consumer welfare and jobs, bringing substantial societal benefits and additional competitiveness in Europe.
Gigabit network providers’ innovation roadmaps show the evolution of existing very high capacity networks towards 10Gbps download speed by 2030. This is 10 times more than what the fastest networks deliver today, exceeding the Digital Compass targets.
The report zooms in on six European countries: Germany, Belgium, Ireland, the Netherlands, Switzerland and the United Kingdom. The study also provides policy recommendations to stimulate private investments in upgrading Europe’s gigabit networks to deliver 10Gbps.