IDC Italia and the Lisbon Council estimate the direct value of the data market in the EU28 at €50 billion in 2017, with the potential to grow to €77 billion in 2020 and €110 billion in 2025.
However there are still a number of technical and legal barriers preventing us from realising this vision. Our data principles set out how we plan to unlock latent value of data, through the development of policy initiatives and technical measures that that facilitate data access, sharing and reuse between providers.