International benchmarking of private investments in Digital Decade thematic areas

Juan Torrecillas Jodar (juan.torrecillas-jodar@ec.europa.eu), Michail Papazoglou, Elisa Calza, Melisande Cardona and Miguel Vazquez-Prada Baillet (miguel.vazquez-prada-baillet@ec.europa.eu)
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Juan Torrecillas Jodar: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Miguel Vazquez-Prada Baillet: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en

No JRC134743, JRC Research Reports from Joint Research Centre

Abstract: This report presents a wide-ranging analysis of private investments related to the Digital Decade thematic areas in the European Union (EU) in comparison with other relevant economic actors. The report examines investments in gigabit, 5G, semiconductors, edge computing, quantum technology, and the adoption of cloud computing, big data, and artificial intelligence by businesses. Results reveal that the EU presents lower levels of investments than the US and China in several digital sectors, particularly in fixed broadband coverage, 5G, and semiconductors. While European firms perform well in edge computing investments, they lag behind in venture capital funding compared to the US and China. Additionally, the EU faces investment shortages in the adoption of cloud computing, big data, and AI, with Chinese firms showing substantial investments and revenues in these areas. These results suggest that increased investments and support to enhance the EU's digital competitiveness could be needed in order to achieve the objectives of the Digital Decade Policy Programme.

Date: 2023-09
New Economics Papers: this item is included in nep-eec, nep-eur and nep-ict
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