A survey conducted in April and May 2023 revealed that around 55 percent of the companies that do business in the European Union (EU) and the United Kingdom (UK) found it challenging to adapt to new or changing requirements of the General Data Protection Regulation (GDPR) or Data Protection Act 2018 (DPA). A further 45 percent of the survey respondents said it was challenging to increase the budget because of the changes in the data privacy laws.
Challenges companies doing business in the European Union and United Kingdom face while adapting to changes in consumer data privacy laws as of May 2023
Adjust the presentation of the statistic and data points.
Share the statistic on social media channels or embed the statistic in your
website using "Embed Code", where available.
Cite this statistic and select one of the following formats: APA, Chicago, Harvard, MLA & Bluebook.
Print the statistic including description and metadata.
Chart type
Challenges companies doing business in the European Union and United Kingdom face while adapting to changes in consumer data privacy laws as of May 2023
Share this statistic
You have no right to use this feature.
Make sure to contact us if you are interested in scientific citation.
You can upgrade your account to enable this functionality for all statistics.
This feature is not available with your current account.Request access
representatives of companies that do business in EU and UK; organizations may have headquarters in several countries worldwide
Supplementary notes
The original question was phrased by the source as follows: "Which of the following, if any, have presented challenges to your organization in preparing for data privacy law changes? (Select all that apply)"
Learn more about how Statista can support your business.
Womble Bond Dickinson. (July 18, 2023). Challenges companies doing business in the European Union and United Kingdom face while adapting to changes in consumer data privacy laws as of May 2023 [Graph]. In Statista. Retrieved February 18, 2025, from https://www.statista.com/statistics/1403394/eu-uk-firms-challenge-consumer-data-privacy-law/
Womble Bond Dickinson. "Challenges companies doing business in the European Union and United Kingdom face while adapting to changes in consumer data privacy laws as of May 2023." Chart. July 18, 2023. Statista. Accessed February 18, 2025. https://www.statista.com/statistics/1403394/eu-uk-firms-challenge-consumer-data-privacy-law/
Womble Bond Dickinson. (2023). Challenges companies doing business in the European Union and United Kingdom face while adapting to changes in consumer data privacy laws as of May 2023. Statista. Statista Inc.. Accessed: February 18, 2025. https://www.statista.com/statistics/1403394/eu-uk-firms-challenge-consumer-data-privacy-law/
Womble Bond Dickinson. "Challenges Companies Doing Business in The European Union and United Kingdom Face While Adapting to Changes in Consumer Data Privacy Laws as of May 2023." Statista, Statista Inc., 18 Jul 2023, https://www.statista.com/statistics/1403394/eu-uk-firms-challenge-consumer-data-privacy-law/
Womble Bond Dickinson, Challenges companies doing business in the European Union and United Kingdom face while adapting to changes in consumer data privacy laws as of May 2023 Statista, https://www.statista.com/statistics/1403394/eu-uk-firms-challenge-consumer-data-privacy-law/ (last visited February 18, 2025)
Challenges companies doing business in the European Union and United Kingdom face while adapting to changes in consumer data privacy laws as of May 2023 [Graph], Womble Bond Dickinson, July 18, 2023. [Online]. Available: https://www.statista.com/statistics/1403394/eu-uk-firms-challenge-consumer-data-privacy-law/
Profit from additional features with an Employee Account
Please create an employee account to be able to mark statistics as favorites.
Then you can access your favorite statistics via the star in the header.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.