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
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)"
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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 November 21, 2024, 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 November 21, 2024. 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: November 21, 2024. 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 November 21, 2024)
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/
