With GDP surpassing $16 trillion and a population of 448 million, the EU, holds a prominent position in the global economy. This lucrative market presents substantial opportunities for the geospatial industry, particularly when compared to the United States GDP of $25.74 trillion and a population of 335 million. The journey towards a European single market has been a gradual process, marked by milestones such as the establishment of the European Union (EU) and the implementation of the Single European Act . These regulations aimed to eliminate barriers to the free movement of goods, services, capital, and people among EU member states, ultimately culminating in the Digital Single Market Strategy. The Services Directive , adopted in 2006, aimed to liberalize and facilitate the cross-border provision of services within the EU. It sought to eliminate obstacles to the free movement of services by establishing a framework for the mutual recognition of qualifications and the simplification of administrative procedures. In recent years, the EU has placed a significant emphasis on creating a Digital Single Market to address the challenges and opportunities posed by the digital economy. The Digital Single Market Strategy involves initiatives to promote e-commerce, digital innovation, artificial intelligence, and data […]
Click here to view original web page at www.geospatialworld.net
