Europe Cognitive Process Automation Market Size, Share & Industry Trends Analysis Report By Application, By Vertical, By Services, By Type (Intelligent Process Automation, and Robotic Process Automation), By Country and Growth Forecast, 2023 - 2030

Europe Cognitive Process Automation Market Size, Share & Industry Trends Analysis Report By Application, By Vertical, By Services, By Type (Intelligent Process Automation, and Robotic Process Automation), By Country and Growth Forecast, 2023 - 2030


The Europe Cognitive Process Automation Market would witness market growth of 24.4% CAGR during the forecast period (2023-2030).

Implementing automation technologies is spreading across various sectors, including BFSI, IT & telecom, healthcare, and others, thereby fueling market expansion. Additionally, adopting this technology in sectors to enhance the traditional performance of their processes through knowledge-based workflows stimulates market expansion. Enterprises can automate labor-intensive operations with cognitive automation to increase productivity, prevent human error, and save costs.

Cognitive automation can take several forms, like utilizing automated procedures with intelligent data collecting, such as optical character recognition (OCR), machine vision, natural language processing, or natural language understanding. This is frequently referred to as IPA or DPA. Automating configuration and decisions using AI decision algorithms to enhance or replace current business rules monitoring systems or enterprise resource planning systems. These self-driving corporate solutions essentially introduce self-driving capabilities to enterprise solutions.

Cognitive process automation can be used in a variety of application situations. One example is to combine RPA and cognitive capabilities for chatbots that give customers the impression that they are instant messaging with a human customer service person. Another option is to develop voice-activated bots for telephone conversations.

Due to the fact that Europe is a capital-intensive region, the demand for automation has expanded in a variety of industries, including the pharmaceutical industry. With increasing research & development activities in the medical and pharmaceutical industries and the development of technologies such as machine learning (ML), artificial intelligence (AI), and automation algorithms, the European healthcare & life science automation industry is expected to expand at a rapid pace. In addition, as a result of government- sponsored investment programs for the life science business, it is anticipated that the future of this sector will embrace the latest technology changes, such as pharmacy automation.

The Germany market dominated the Europe Cognitive Process Automation Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.8 billion by 2030. The UK market is estimated to witness a CAGR of 23.3% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 25.3% during (2023 - 2030).

Based on Application, the market is segmented into Machine Learning, Pattern Identification, Biometrics, Natural Language Processing, and Optical Character Recognition & Others. Based on Vertical, the market is segmented into BFSI, Manufacturing, IT & Telecommunication, Retail & E-commerce, Transportation & Logistics, Media & Entertainment, Healthcare & Life Sciences, Energy & Utilities, and Others. Based on Services, the market is segmented into Finance, Procurement, HR, and IT Operations. Based on Type, the market is segmented into Intelligent Process Automation, and Robotic Process Automation. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Altair Engineering, Inc. (IMG COMPANIES, LLC.), Alteryx, Inc., Hitachi Vantara LLC (Hitachi Ltd.), IBM Corporation, Oracle Corporation, SAS Institute, Inc., TIBCO (The Information Bus Company) Software. Inc., Teradata Corporation, Datameer, Inc., DataRobot, Inc.

Scope of the Study

Market Segments covered in the Report:

By Application
  • Machine Learning
  • Pattern Identification
  • Biometrics
  • Natural Language Processing
  • Optical Character Recognition & Others
By Vertical
  • BFSI
  • Manufacturing
  • IT & Telecommunication
  • Retail & E-commerce
  • Transportation & Logistics
  • Media & Entertainment
  • Healthcare & Life Sciences
  • Energy & Utilities
  • Others
By Services
  • Finance
  • Procurement
  • HR
  • IT Operations
By Type
  • Intelligent Process Automation
  • Robotic Process Automation
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
Companies Profiled
  • Altair Engineering, Inc. (IMG COMPANIES, LLC.)
  • Alteryx, Inc.
  • Hitachi Vantara LLC (Hitachi Ltd.)
  • IBM Corporation
  • Oracle Corporation
  • SAS Institute, Inc.
  • TIBCO (The Information Bus Company) Software. Inc.
  • Teradata Corporation
  • Datameer, Inc.
  • DataRobot, Inc.
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Cognitive Process Automation Market, by Application
1.4.2 Europe Cognitive Process Automation Market, by Vertical
1.4.3 Europe Cognitive Process Automation Market, by Services
1.4.4 Europe Cognitive Process Automation Market, by Type
1.4.5 Europe Cognitive Process Automation Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlight
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 Market Share Analysis, 2022
4.2 Porter Five Forces Analysis
Chapter 5. Europe Cognitive Process Automation Market by Application
5.1 Europe Machine Learning Market by Country
5.2 Europe Pattern Identification Market by Country
5.3 Europe Biometrics Market by Country
5.4 Europe Natural Language Processing Market by Country
5.5 Europe Optical Character Recognition & Others Market by Country
Chapter 6. Europe Cognitive Process Automation Market by Vertical
6.1 Europe BFSI Market by Country
6.2 Europe Manufacturing Market by Country
6.3 Europe IT & Telecommunication Market by Country
6.4 Europe Retail & E-commerce Market by Country
6.5 Europe Transportation & Logistics Market by Country
6.6 Europe Media & Entertainment Market by Country
6.7 Europe Healthcare & Life Sciences Market by Country
6.8 Europe Energy & Utilities Market by Country
6.9 Europe Others Market by Country
Chapter 7. Europe Cognitive Process Automation Market by Services
7.1 Europe Finance Market by Country
7.2 Europe Procurement Market by Country
7.3 Europe HR Market by Country
7.4 Europe IT Operations Market by Country
Chapter 8. Europe Cognitive Process Automation Market by Type
8.1 Europe Intelligent Process Automation Market by Country
8.2 Europe Robotic Process Automation Market by Country
Chapter 9. Europe Cognitive Process Automation Market by Country
9.1 Germany Cognitive Process Automation Market
9.1.1 Germany Cognitive Process Automation Market by Application
9.1.2 Germany Cognitive Process Automation Market by Vertical
9.1.3 Germany Cognitive Process Automation Market by Services
9.1.4 Germany Cognitive Process Automation Market by Type
9.2 UK Cognitive Process Automation Market
9.2.1 UK Cognitive Process Automation Market by Application
9.2.2 UK Cognitive Process Automation Market by Vertical
9.2.3 UK Cognitive Process Automation Market by Services
9.2.4 UK Cognitive Process Automation Market by Type
9.3 France Cognitive Process Automation Market
9.3.1 France Cognitive Process Automation Market by Application
9.3.2 France Cognitive Process Automation Market by Vertical
9.3.3 France Cognitive Process Automation Market by Services
9.3.4 France Cognitive Process Automation Market by Type
9.4 Russia Cognitive Process Automation Market
9.4.1 Russia Cognitive Process Automation Market by Application
9.4.2 Russia Cognitive Process Automation Market by Vertical
9.4.3 Russia Cognitive Process Automation Market by Services
9.4.4 Russia Cognitive Process Automation Market by Type
9.5 Spain Cognitive Process Automation Market
9.5.1 Spain Cognitive Process Automation Market by Application
9.5.2 Spain Cognitive Process Automation Market by Vertical
9.5.3 Spain Cognitive Process Automation Market by Services
9.5.4 Spain Cognitive Process Automation Market by Type
9.6 Italy Cognitive Process Automation Market
9.6.1 Italy Cognitive Process Automation Market by Application
9.6.2 Italy Cognitive Process Automation Market by Vertical
9.6.3 Italy Cognitive Process Automation Market by Services
9.6.4 Italy Cognitive Process Automation Market by Type
9.7 Rest of Europe Cognitive Process Automation Market
9.7.1 Rest of Europe Cognitive Process Automation Market by Application
9.7.2 Rest of Europe Cognitive Process Automation Market by Vertical
9.7.3 Rest of Europe Cognitive Process Automation Market by Services
9.7.4 Rest of Europe Cognitive Process Automation Market by Type
Chapter 10. Company Profiles
10.1 Altair Engineering, Inc. (IMG Companies, LLC)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 SWOT Analysis
10.2 Alteryx, Inc.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.5.2 Product Launches and Product Expansions:
10.2.6 SWOT Analysis
10.3 Hitachi Vantara LLC (Hitachi Ltd.)
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 SWOT Analysis
10.4 IBM Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Regional & Segmental Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.5.2 Product Launches and Product Expansions:
10.4.5.3 Acquisition and Mergers:
10.4.6 SWOT Analysis
10.5 Oracle Corporation
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.5.2 Product Launches and Product Expansions:
10.5.6 SWOT Analysis
10.6 SAS Institute, Inc.
10.6.1 Company Overview
10.6.2 SWOT Analysis
10.7 Tibco Software, Inc. (Vista Equity Partners)
10.7.1 Company Overview
10.7.2 SWOT Analysis
10.8 Teradata Corporation
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Regional Analysis
10.8.4 Research & Development Expense
10.8.5 SWOT Analysis
10.9 Datameer, Inc.
10.9.1 Company Overview
10.9.2 SWOT Analysis
10.10. DataRobot, Inc.
10.10.1 Company Overview
10.10.2 SWOT Analysis
Chapter 11. Winning Imperatives for the Europe Cognitive Process Automation Market

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