Europe Business Intelligence Market Forecast 2023-2032KEY FINDINGS
The Europe business intelligence market is predicted to record a 9.93% CAGR during the forecasting years, 2023 and 2032. The market growth is majorly driven by the increase in big data analytics software adoption and the employment of advanced technology and solutions.
MARKET INSIGHTS
The Europe business intelligence market growth evaluation covers an assessment of France, United Kingdom, Italy, Germany, Spain, and Rest of Europe. Digital transformation continues to be a priority for Italian companies and government agencies at the local and national levels. Digital transformation drives spending in social business, analytics, mobility, cloud computing, and Big Data. Investments are also growing in innovation accelerators such as blockchain, AI, the Internet of Things (IoT), virtual and augmented reality (VR/AR), and robotics.
Italy’s National Recovery and Resilience Plan (NRRP) has also decided to invest in the digitalization of the public administration, such as in Cloud and Big Data and ultra-fast broadband and high-speed connection. Such supporting factors are expected to help businesses in the country to adopt business intelligence and thus fuel Italy’s market growth.
On the other hand, the Spanish government adopted a Digital Strategy 2025 to encourage digitization via improvised cyber security, digitalizing public agencies, increasing connectivity, and incorporating artificial intelligence technologies. Further, various large-scale projects are expected to create new opportunities for digital transformation across various industries in Spain and help organizations securely deliver faster and more reliable customer experiences through BI.
COMPETITIVE INSIGHTS
Some of the leading companies operating in the market include Oracle Corporation SAP SE, Tableau Software LLC, Targit A/S, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
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