A Digital Single Market (DSM) is one in which the free movement of persons, services and capital is ensured and where the individuals and businesses can seamlessly access and exercise online activities under conditions of fair competition, and a high level of consumer and personal data protection, irrespective of their nationality or place of residence.
On 10 May 2017 the Commission published the mid-term review of the Digital Single Market Strategy. It shows the progress made in implementing the Strategy since 2015 and where further actions are needed.
The European Commission has identified the completion of the Digital Single Market (DSM) as one of its 10 political priorities. Vice-President Andrus Ansip leads the project team "A Connected Digital Single Market".
DSM Public consultations
The Digital Single Market strategy
The Digital Single Market strategy was adopted on the 6 May 2015 and includes 16 specific initiatives which have been delivered by the Commission till January 2017. Legislative proposals are now discussed by the co-legislator, the European Parliament and the Council.
The DSM can create opportunities for new startups and allow existing companies in a market of over 500 mln people. Completing a Digital Single Market could contribute € 415 billion per year to Europe's economy, create jobs and transform our public services.
An inclusive DSM offers opportunities for citizens also, provided they are equipped with the right digital skills. Enhanced use of digital technologies can improve citizens' access to information and culture, improve their job opportunities. It can promote modern open government.
The Digital Single Market Strategy is built on three pillars:
- Access: better access for consumers and businesses to digital goods and services across Europe;
- Environment: creating the right conditions and a level playing field for digital networks and innovative services to flourish;
- Economy & Society: maximising the growth potential of the digital economy.
Digital Single Market's achievements
The mid-term review of the Digital Single Market Strategy
The DSM strategy has delivered the main legislative proposals set as priority, such as boosting e-commerce, copyright, audiovisual, telecoms review, ePrivacy, harmonisation of digital rights, affordable parcel delivery, harmonised VAT rules.
In order to ensure a fair, open and secure digital environment, the Commission has identified three main emerging challenges:
- to ensure that online platforms can continue to bring benefit to our economy and society,
- to develop the European Data Economy to its full potential, and
- to protect the Europe's assets by tackling cybersecurity challenges.
In addition, the review explores a number of important policy areas critical for unlocking the true value of the data economy:
- digital skills,
- digitising industry and services (e.g. connected cars, FinTech),
- High Performance Computing,
- artificial intelligence,
- modernising public services,
- health and care.