Europe Visual analytics market is expected to grow from US$ 628.2 Mn in 2017 to US$ 1416.2 Mn by the year 2025. This represents a CAGR of 10.9 % from the year 2018 to 2025.
It is becoming more imperative for organizations to operate core and non-core business functions through the cloud, and in line with this, companies are expected to focus on housing everything at one place faster. The advantages of the movement speak for themselves, as using the cloud improves data governance, streamline processes, and manage risk. Those organizations hesitant to make the shift to full integration will quickly find themselves on the back foot as investors increasingly insist on the cloud as a term of the investment. Cloud turns businesses into lean, mean efficient machines, so it is going to become non-negotiable for companies to run in the cloud if they want to remain competitive.
Germany presents a massive opportunity in the field of visual analytics. Germany is one of the leading producers of automobiles in the world, and many major car manufacturing companies are located in the country, including Volkswagen, BMW AG, Audi, and others. Being the hub for the major automotive industries, the predictive maintenance and supply chain management software are extensively used in this industry. Other prominent industries in Germany who are adopting the machine learning technology are retail, healthcare, and public administration. More than half of the German companies have already started the implementation of visual analytics solutions to reduce cost and risk and increase the bottom line. A company like SAP SE is focusing on the development of analytic solutions. For instance, SAP SE introduced SAP Analytics Cloud; it is one simple cloud for all analytics. This analytic cloud offers its customers with all-in-one integration of data visualization, predictive, and planning capabilities. Thus, the region is anticipating the increasing development and adoption of visual analytic solutions in the forecast period. The figure given below highlights the revenue share of Spain in the Europe visual analytics market in the forecast period:
Exhibit: Spain Visual Analytics Market Revenue and Forecasts to 2025 (US$ Bn)
Europe VISUAL ANALYTICS MARKET - SEGMENTATION
Europe Visual Analytics Market By Deployment Model
• Cloud
• On-Premise
Europe Visual analytics Market By Business Function
• Sales and Marketing
• Operations
• Finance
• Supply Chain
• Information Technology
• CRM
• Human Resources
• Others
Europe Visual Analytics Market By Vertical
• Retail & Consumer Goods Market
• IT & Telecom
• BFSI
• Manufacturing
• Energy & Utilities
• Healthcare
• Government
• Others
Europe Visual analytics Market By Country
• UK
• Germany
• France
• Italy
• Spain
• Rest of Europe
Companies Mentioned
• ALTERYX, INC.
• IBM CORPORATION
• Microsoft Corporation
• MICROSTRATEGY INCORPORATED
• ORACLE CORPORATION
• QLIK TECHNOLOGIES INC
• SAP SE
• SAS INSTITUTE INC.
• Tableau Software
• TIBCO SOFTWARE INC.
Europe Visual Analytics Market Strategic Insights
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Europe Visual Analytics Market Segmentation Analysis
Europe Visual Analytics Market Report Highlights
Europe Visual Analytics Report Scope
Report Attribute
Details
Market size in 2017
US$ 628.2 Million
Market Size by 2025
US$ 1416.2 Million
CAGR (2018 - 2025)
10.9 %
Historical Data
2015-2016
Forecast period
2018-2025
Segments Covered
By Deployment Model
On-Premises
Cloud
By Business Function
Sales and Marketing
Operations
Finance
Supply Chain
Information Technology
CRM
Human Resources
By Vertical
Retail & Consumer Goods
IT & Telecom
BFSI
Manufacturing
Energy & Utilities
Healthcare
Government
Regions and Countries Covered
Europe
UK
Germany
France
Russia
Italy
Rest of Europe
Market leaders and key company profiles
ALTERYX, INC.
IBM CORPORATION
Microsoft Corporation
MICROSTRATEGY INCORPORATED
ORACLE CORPORATION
QLIK TECHNOLOGIES INC
SAP SE
SAS INSTITUTE INC.
Tableau Software
TIBCO SOFTWARE INC.
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Europe Visual Analytics Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
The Europe Visual Analytics Market is valued at US$ 628.2 Million in 2017, it is projected to reach US$ 1416.2 Million by 2025.
What is the CAGR for Europe Visual Analytics Market by (2018 - 2025)?
As per our report Europe Visual Analytics Market, the market size is valued at US$ 628.2 Million in 2017, projecting it to reach US$ 1416.2 Million by 2025. This translates to a CAGR of approximately 10.9 % during the forecast period.
What segments are covered in this report?
The Europe Visual Analytics Market report typically cover these key segments-
Deployment Model (On-Premises, Cloud)
Business Function (Sales and Marketing, Operations, Finance, Supply Chain, Information Technology, CRM, Human Resources)
Vertical (Retail & Consumer Goods, IT & Telecom, BFSI, Manufacturing, Energy & Utilities, Healthcare, Government)
What is the historic period, base year, and forecast period taken for Europe Visual Analytics Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Visual Analytics Market report:
Historic Period : 2015-2016
Base Year : 2017
Forecast Period : 2018-2025
Who are the major players in Europe Visual Analytics Market?
The Europe Visual Analytics Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
ALTERYX, INC.
IBM CORPORATION
Microsoft Corporation
MICROSTRATEGY INCORPORATED
ORACLE CORPORATION
QLIK TECHNOLOGIES INC
SAP SE
SAS INSTITUTE INC.
Tableau Software
TIBCO SOFTWARE INC.
Who should buy this report?
The Europe Visual Analytics Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Europe Visual Analytics Market value chain can benefit from the information contained in a comprehensive market report.
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