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2/19/14

The €63 billion app economy boom in Europe - an amazing scale-up !!!

The study Study "Sizing the EU App Economy" shows that The EU's app sector has gone from zero to digital superhero in less than five years. By 2018 it could employ 4.8 million people and contribute €63 billion to the EU economy.

Today the app economy employs 1 million developers, and 800,000 people in marketing & support posts. This could rise to 2.7 million developers + 2.1 million support staff by 2018. EU buyers and advertisers spent €6.1 billion on apps in 2013, 30% of total global app spending, growing to €18.7 billion in 2018. Consumer spending combined with advertising and contract work could lead to €63 billion annual revenue for the app sector within five years.

The study is part of Startup Europe, a Digital Agenda initiative supported by Neelie Kroes to promote ICT and web entrepreneurship in Europe and to help the companies flourish in Europe.

It includes six activities: The Accelerator Assembly, the European Crowdfunding Network, The Web Investors Forum, the Leaders Club, the Startup Europe Partnership and improving Web Skills via MOOCS (being launched in 2014).

Some other insights:





2/12/14

What did the Commission accomplish in 2013?

The General report on the activities of the European Union 2013 was published this week.

The focus in not on the individual member states but out of pure curiosity I've extracted the direct mentions made to Romania (excluding the graphs and maps with general statistics across the EU):


  • The construction site of the second bridge on the Danube between Calafat, Romania, and Vidin, Bulgaria 
  • Máire Geoghegan-Quinn, Commissioner for Research, Innovation and Science, visiting the Horia Hulubei National Institute of Physics and Nuclear Engineering (IFIN HH) in Romania:
  • A Joint anti-terrorism exercise at EU level in 17 and 18 April as part of the EU-sponsored Atlas Network, which carried out the most complex preparation and crises response simulation so far at European level.
  • an Antitrust decision : Commission sends Statement of Objections to Romanian Power Exchange OPCOM 
  • and the The Cooperation and Verification Mechanism : The Commission continued to work with the Romanian authorities to address the issues raised in its report in July 2012 under the Cooperation and Verification Mechanism (CVM) (24). The Commission reported in January 2013 on Romania’s progress and on measures taken to restore respect for the rule of law and the independence of the judiciary in Romania (25). The assessment showed that Romania has implemented several but not all of the Commission’s recommendations. Cooperation continues with the Romanian authorities in the context of the CVM. The Commission continued to monitor progress under the CVM both in Bulgaria and in Romania and is due to report in early 2014 on the reform  process.