According to statistics published by the European Commission, the value of data economy in the 27 European Union countries and United Kingdom is estimated to exceed 440 billion euros in 2020. The source defines the data economy as representing the overall impacts of the data market on the economy as a whole. It involves the generation, collection, storage, processing, distribution, analysis elaboration, delivery, and exploitation of data enabled by digital technologies.
Value of the data economy in the European Union (EU) and United Kingdom from 2016 to 2020 and in 2025*
(in billion euros)
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European Commission. (July 6, 2020). Value of the data economy in the European Union (EU) and United Kingdom from 2016 to 2020 and in 2025* (in billion euros) [Graph]. In Statista. Retrieved June 27, 2022, from https://www.statista.com/statistics/1134993/value-of-data-economy-eu-uk/
European Commission. "Value of the data economy in the European Union (EU) and United Kingdom from 2016 to 2020 and in 2025* (in billion euros)." Chart. July 6, 2020. Statista. Accessed June 27, 2022. https://www.statista.com/statistics/1134993/value-of-data-economy-eu-uk/
European Commission. (2020). Value of the data economy in the European Union (EU) and United Kingdom from 2016 to 2020 and in 2025* (in billion euros). Statista. Statista Inc.. Accessed: June 27, 2022. https://www.statista.com/statistics/1134993/value-of-data-economy-eu-uk/
European Commission. "Value of The Data Economy in The European Union (Eu) and United Kingdom from 2016 to 2020 and in 2025* (in Billion Euros)." Statista, Statista Inc., 6 Jul 2020, https://www.statista.com/statistics/1134993/value-of-data-economy-eu-uk/
European Commission, Value of the data economy in the European Union (EU) and United Kingdom from 2016 to 2020 and in 2025* (in billion euros) Statista, https://www.statista.com/statistics/1134993/value-of-data-economy-eu-uk/ (last visited June 27, 2022)
