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Second Interim Report: Introduction and General Overview

This section outlines the study’s goals and objectives, its methodological approach and underlying assumptions, as well as a recap of the of the data value-chain underpinning the research and an essential glossary with the key terminology in use throughout the document.

IDC & Open Evidence

Second Interim Report: Executive Summary

This section provides a detailed summary of all the main indicators as presented in the third round of measurement of the European Data Market monitoring tool. It also introduces the qualitative elements of the research and describes the current status of policy progress as well as a set of key messages emerging from the study.

IDC & Open Evidence

The overall data market will get to 111 billion in 2020 - first results of the European Data Market study have been released

First interim report of European Data Market study prepared by IDC & Open Evidence is ready and you can download it.

“Digital innovation, driven by the combination of Big Data, Cloud Computing, Mobile Technologies and Social Media, is one of the most powerful drivers of change and the best opportunity for Europe to move back to a growth path. The indicators measured by the European Data Market monitoring tool reveal that the European Data Economy is already a reality, but that additional efforts are to be undertaken to consolidate this process over the next few years.

The total number of data workers, for example, is estimated at 6,1 million in the EU28 and could almost double by the year 2020 if high-growth in ensured. Similarly, the number of organizations producing and supplying data-related products and services could reach almost 350,000 in 2020, from 257,000 in 2014, and data users could be more than 1.3 million in 2020.

The overall data market (i.e.: the aggregate value of data-related products and services exchanged within the European economy) is estimated at already more than 50 billion Euro and will get to 111 billion in 2020 under high-growth conditions. The assessment of the overall economic impacts produced by the adoption of data-driven innovation in the EU (i.e.: “Data economy”) is estimated at about 255 billion Euro in 2014, representing a contribution to the EU GDP of approximately 1,8% - a value that could rise to 4,7% in 2020 if high-growth is confirmed in Europe”

Giorgio Michelleti, IDC

Stayed tuned for more insights on big data market in Europe.

Study - Methodology Report

The methodology report of the European Data Market Study prepared by IDC & Open Evidence is available online.

This report presents the overall conceptual framework of the study identifying the main components of the European data market and ecosystem, and the design of the European Data Market Monitoring tool.