Since the enforcement of the General Data Protection Regulation (GDPR) in 2018, small business invested a significant amount of financial resources. 27 percent of European companies surveyed in 2019 reported to have spent between 1,000 and 10 thousand euros.
Share of European small businesses spending on compliance with the General Data Protection Regulation (GDPR) in 2019, by budget range
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European Commission (gdpr.eu). (May 20, 2019). Share of European small businesses spending on compliance with the General Data Protection Regulation (GDPR) in 2019, by budget range [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1176050/gdpr-compliance-spending-in-small-businesses-europe/
European Commission (gdpr.eu). "Share of European small businesses spending on compliance with the General Data Protection Regulation (GDPR) in 2019, by budget range." Chart. May 20, 2019. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1176050/gdpr-compliance-spending-in-small-businesses-europe/
European Commission (gdpr.eu). (2019). Share of European small businesses spending on compliance with the General Data Protection Regulation (GDPR) in 2019, by budget range. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1176050/gdpr-compliance-spending-in-small-businesses-europe/
European Commission (gdpr.eu). "Share of European Small Businesses Spending on Compliance with The General Data Protection Regulation (Gdpr) in 2019, by Budget Range." Statista, Statista Inc., 20 May 2019, https://www.statista.com/statistics/1176050/gdpr-compliance-spending-in-small-businesses-europe/
European Commission (gdpr.eu), Share of European small businesses spending on compliance with the General Data Protection Regulation (GDPR) in 2019, by budget range Statista, https://www.statista.com/statistics/1176050/gdpr-compliance-spending-in-small-businesses-europe/ (last visited December 22, 2024)
Share of European small businesses spending on compliance with the General Data Protection Regulation (GDPR) in 2019, by budget range [Graph], European Commission (gdpr.eu), May 20, 2019. [Online]. Available: https://www.statista.com/statistics/1176050/gdpr-compliance-spending-in-small-businesses-europe/