Estimated costs due to reduced data access to U.S. businesses 2019

Stringent federal data privacy laws in the United States are associated with compliance costs and market inefficiencies. Based on an August 2019 report, limiting organizations from accessing data would cost the U.S. education sector 18 billion dollars in lost value. Overall, data privacy rules could cost the U.S. economy 71 billion dollars across multiple sectors.

Estimate of costs associated with reduced data access to organizations in the United States as of August 2019, by sector

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Source

Release date

August 2019

Region

United States

Survey time period

August 2019

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Statistics on "Online privacy in the United States"

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