415 billion euro annual income to the European Union from digital economy; competitive and open European industry, based on innovation; milliards connected devices on the territory of the Union, facilitating the everyday life of the citizens and the work of the business thanks to 5G Internet networks; economic policy that gives an adequate response to the projected loss of 800 million jobs globally by 2030 as a result of the automation; guaranteed protection of European businesses and citizens against cyber-attacks and personal data attacks on the Internet. This is not the present state of the EU economy, however, according to the European Commission it could be its future…its very near future. The EU is on its way to working to achieve this goal through the so called Digital Single Market, but there are multiple challenges ahead. Find out more in the analysis by Linka Toneva-Metodieva, PhD.