5G Spectrum and Regulatory Policy in Europe: An Overview

Abstract

The 5G technology is estimated to transform mobile technology into a General Purpose Technology (GTP), like electricity and the steam engine, since it is expected to be widely adopted and exploited by different vertical industries, such as healthcare, manufacturing, etc., and fundamentally change and progress the global socio-economic conditions. A recent study supported by the European Commission (EC) on the impact of 5G in Europe estimates that in 2025 the introduction of 5G in four verticals (automotive, healthcare, transport and utilities) will create 2.3 million jobs and revenues of C113.1 billion per year. In order to take advantage of these benefits and boost the European leadership in 5G the EC has already adopted several policy and regulatory actions. This paper overviews and discusses these actions, as well as, presents the current spectrum situation for 5G in Europe.