Europe Data Analytics Outsourcing Market Size, Share & Trends Analysis Report By Industry (BFSI, IT & Telecom, Manufacturing, Healthcare, Retail & E-commerce, and Others), By Application, By Country and Growth Forecast, 2024 - 2031
Description
Europe Data Analytics Outsourcing Market Size, Share & Trends Analysis Report By Industry (BFSI, IT & Telecom, Manufacturing, Healthcare, Retail & E-commerce, and Others), By Application, By Country and Growth Forecast, 2024 - 2031
The Europe Data Analytics Outsourcing Market would witness market growth of 34.7% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Data Analytics Outsourcing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $7,896.6 million by 2031. The UK market is exhibiting a CAGR of 33.6% during (2024 - 2031). Additionally, The France market would experience a CAGR of 36.2% during (2024 - 2031).
Utilities and large organizations use outsourced analytics to monitor and optimize energy consumption. They can implement energy-saving measures and reduce costs by analyzing usage patterns, weather data, and operational variables. Insurance companies leverage outsourced analytics to build complex risk models that assess policyholder risks based on historical claims data, demographic information, and external factors.
Additionally, in agriculture, outsourced analytics can predict crop yields by analyzing weather data, soil conditions, and historical crop performance. This application helps farmers optimize planting strategies, manage resources, and improve agricultural productivity.
European businesses rapidly adopt advanced analytics tools as part of their digital transformation strategies. This trend drives the demand for data analytics outsourcing services to support integrating and utilizing complex analytics technologies, such as AI and ML. As per Eurostat, large businesses had a bigger share of the very high (26%) and high digital intensity (42%). In 2023, 45% of businesses in the EU bought cloud computing services. Cloud solutions are more prevalent among large businesses than small and medium-sized enterprises. In 2023, 78% of large businesses bought cloud services, while 44% of SMEs did. The emphasis on digital transformation in Europe is leading organizations to rely more on data-driven decision-making.
Based on Industry, the market is segmented into BFSI, IT & Telecom, Manufacturing, Healthcare, Retail & E-commerce, and Others. Based on Application, the market is segmented into Marketing Analytics, Financial Analytics, HR Analytics, Supply Chain Analytics, Sales Analytics, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- >Accenture PLC
- IBM Corporation
- Infosys Limited
- Wipro Limited
- Capgemini SE
- Deloitte Touche Tohmatsu Limited
- Pricewaterhousecoopers LLP (PwC)
- Cognizant Technology Solutions Corporation
- Genpact Limited
- ZS Associates
By Industry
- >BFSI
- IT & Telecom
- Manufacturing
- Healthcare
- Retail & E-commerce
- Others
- >Marketing Analytics
- Financial Analytics
- HR Analytics
- Supply Chain Analytics
- Sales Analytics
- Others
- >Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
118 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Data Analytics Outsourcing Market, by Industry
- 1.4.2 Europe Data Analytics Outsourcing Market, by Application
- 1.4.3 Europe Data Analytics Outsourcing Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- 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
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis – Global
- 4.1 Market Share Analysis, 2023
- 4.2 Porter Five Forces Analysis
- Chapter 5. Europe Data Analytics Outsourcing Market by Industry
- 5.1 Europe BFSI Market by Country
- 5.2 Europe IT & Telecom Market by Country
- 5.3 Europe Manufacturing Market by Country
- 5.4 Europe Healthcare Market by Country
- 5.5 Europe Retail & E-commerce Market by Country
- 5.6 Europe Others Market by Country
- Chapter 6. Europe Data Analytics Outsourcing Market by Application
- 6.1 Europe Marketing Analytics Market by Country
- 6.2 Europe Financial Analytics Market by Country
- 6.3 Europe HR Analytics Market by Country
- 6.4 Europe Supply Chain Analytics Market by Country
- 6.5 Europe Sales Analytics Market by Country
- 6.6 Europe Others Market by Country
- Chapter 7. Europe Data Analytics Outsourcing Market by Country
- 7.1 Germany Data Analytics Outsourcing Market
- 7.1.1 Germany Data Analytics Outsourcing Market by Industry
- 7.1.2 Germany Data Analytics Outsourcing Market by Application
- 7.2 UK Data Analytics Outsourcing Market
- 7.2.1 UK Data Analytics Outsourcing Market by Industry
- 7.2.2 UK Data Analytics Outsourcing Market by Application
- 7.3 France Data Analytics Outsourcing Market
- 7.3.1 France Data Analytics Outsourcing Market by Industry
- 7.3.2 France Data Analytics Outsourcing Market by Application
- 7.4 Russia Data Analytics Outsourcing Market
- 7.4.1 Russia Data Analytics Outsourcing Market by Industry
- 7.4.2 Russia Data Analytics Outsourcing Market by Application
- 7.5 Spain Data Analytics Outsourcing Market
- 7.5.1 Spain Data Analytics Outsourcing Market by Industry
- 7.5.2 Spain Data Analytics Outsourcing Market by Application
- 7.6 Italy Data Analytics Outsourcing Market
- 7.6.1 Italy Data Analytics Outsourcing Market by Industry
- 7.6.2 Italy Data Analytics Outsourcing Market by Application
- 7.7 Rest of Europe Data Analytics Outsourcing Market
- 7.7.1 Rest of Europe Data Analytics Outsourcing Market by Industry
- 7.7.2 Rest of Europe Data Analytics Outsourcing Market by Application
- Chapter 8. Company Profiles
- 8.1 Genpact Limited
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.2 ZS Associates
- 8.2.1 Company Overview
- 8.3 Accenture PLC
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental Analysis
- 8.3.4 Research & Development Expenses
- 8.3.5 Recent strategies and developments:
- 8.3.5.1 Acquisition and Mergers:
- 8.3.6 SWOT Analysis
- 8.4 Deloitte Touche Tohmatsu Limited
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 SWOT Analysis
- 8.5 Pricewaterhousecoopers LLP (PwC)
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.5.4 SWOT Analysis
- 8.6 IBM Corporation
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Regional & Segmental Analysis
- 8.6.4 Research & Development Expenses
- 8.6.5 Recent strategies and developments:
- 8.6.5.1 Partnerships, Collaborations, and Agreements:
- 8.6.6 SWOT Analysis
- 8.7 Infosys Limited
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expense
- 8.7.5 Recent strategies and developments:
- 8.7.5.1 Partnerships, Collaborations, and Agreements:
- 8.7.6 SWOT Analysis
- 8.8 Wipro Limited
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 Research & Development Expenses
- 8.8.5 SWOT Analysis
- 8.9 Capgemini SE
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Regional Analysis
- 8.9.4 Recent strategies and developments:
- 8.9.4.1 Acquisition and Mergers:
- 8.9.5 SWOT Analysis
- 8.10. Cognizant Technology Solutions Corporation
- 8.10.1 Company overview
- 8.10.2 Financial Analysis
- 8.10.3 Segmental and Regional Analysis
- 8.10.4 SWOT Analysis
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
