Why are data spaces valuable?

Data spaces can be seen as a strong and collaborative alternative to platforms, or better multi-sided business models. An important driver of the value of multi-sided business models is the establishment of so-called network effects between “supply” and “demand” of data. Offering a useful collection of data sources will attract users of data, and vice versa a large user base will attract offerings of additional data sources. The table below lists some of the business case types that can be supported by data spaces.