The subject matter of the contract is to set up a data market monitoring tool with a set of descriptive indicators with the primary objective of measuring growth and job creation related to the data economy. As a next step, baseline information is to be provided which is then to be monitored and reported on. In addition, special efforts will be made to further develop the community of data-related stakeholders across Europe so that a European data ecosystem can gradually be established. This data ecosystem will stimulate research and innovation around data as well as the uptake of data services and products in Europe.