The European Data Act: Developments of 2024 and its future
Shaping the digital landscape will continue with application in 2025
On 11 January, 2024, the official press release announcing that the European Data Act entered into force was published. Almost a year later, we look back at the developments of the past year and simultaneously forward to what comes next for the Data Act. Aiming to support a more competitive and innovative data economy by improving access to data in the EU market, the open data landscape shifted with the introduction of the Data Act.
The Data Act will officially become applicable in September 2025, so in 2024 organisations can start preparing their access to data according to the new rules. These new rules make consumers and businesses benefit from multiple things, such as cheaper prices for reparation of smart devices, better access to data collected by devices, and reduced costs when moving your data to a different cloud provider. Additionally, informed decision-making will become easier with increased data access, so you can choose a more sustainable option.
A key component of the Data Act is its alignment with data.europa. Our portal provides a point of access for more than 1.7 million datasets, supporting the Data Act’s goal of making data more accessible and usable. With the application of the Data Act in 2025, more data will become available with an estimated increase of 530% in global data volume and an increase to almost 11 million data professionals.
Looking ahead, the European Data Act is set to introduce further enhancements aimed at strengthening the EU’s data economy. Upcoming initiatives include the development of new frameworks for data interoperability and the promotion of cross-border data flows, so stay tuned for new updates!
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