Europe Insight Engines Market Size, Share & Industry Trends Analysis Report By Technology, By Application, By Component (Solution and Services), By Deployment Type, By Organization Size, By Vertical, By Country and Growth Forecast, 2023 - 2029
The Europe Insight Engines Market would witness market growth of 24.9% CAGR during the forecast period (2023-2029).
In contrast to traditional search engines, which provide links to the original source materials, insight engines can provide context-specific information about a given fact or entity. The primary use cases for insight engines are internal search, data analytics extraction, and external search. Even though businesses utilize a variety of data and analytics solutions, they need help to achieve their business objectives. Companies continually search for improved methods to derive greater business value from information. Consequently, insight engines solve this issue by connecting to diverse data sources to provide business-critical insights.
Most of the available data is unstructured (text documents, social media postings, video, emails, audio, etc.), while the remainder is stored in structured systems. To derive valuable insights from this massive resource and discern what a user or organization needs, it is necessary to be able to extract facts from documents and place them in an easily accessible location. Search engines do this by storing such information in a knowledge graph that is tailored to the search engines they have used for years. Investing in extracting usable insights from data can be costly for many organizations. They must have their own infrastructure and resources for this. This is one of the primary factors why many businesses view cognitive search as a suitable solution.
One of the world's biggest telecommunications industries is the United Kingdom. Because it underpins so much of the social and economic activities in the United Kingdom, telecom infrastructure is regarded as being of utmost importance. The United Kingdom was among the first to provide the technology internationally with the launch of the 5G network. Since then, despite the United Kingdom carriers boosting their 5G spending, the industry has performed on par with many other European sectors in terms of 5G. Because of IoT devices and sensors, the technical environment in many UK firms is rapidly changing. The Internet of Things significantly improves people's quality of life and increases corporate revenue, among other benefits. These factors are propelling market growth in Europe.
The Germany market dominated the Europe Insight Engines Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $438.9 million by 2029. The UK market is anticipated to grow at a CAGR of 23.9% during (2023 - 2029). Additionally, The France market would exhibit a CAGR of 25.8% during (2023 - 2029).
Based on Technology, the market is segmented into Machine Learning and Nature Language Processing. Based on Application, the market is segmented into Customer Management, Search & Discovery, Knowledge Management, Risk & Compliance Management and Others. Based on Component, the market is segmented into Solution and Services. Based on Deployment Type, the market is segmented into Cloud and On-premise. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Vertical, the market is segmented into BFSI, IT & ITeS, Retail & Ecommerce, Telecom, Manufacturing, Healthcare & Lifesciences, Government and Others. 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 Microsoft Corporation, IBM Corporation, OpenText Corporation, SAP SE, Oracle Corporation, Elastic N.V., expert.ai S.p.A., Almawave S.p.A. (Almaviva S.p.A), Mindbreeze GmbH, and Squirro AG.
Scope of the Study
Market Segments covered in the Report:
By Technology
Machine Learning
Nature Language Processing
By Application
Customer Management
Search & Discovery
Knowledge Management
Risk & Compliance Management
Others
By Component
Solution
Services
By Deployment Type
Cloud
On-premise
By Organization Size
Large Enterprises
Small & Medium Enterprises
By Vertical
BFSI
IT & ITeS
Retail & Ecommerce
Telecom
Manufacturing
Healthcare & Lifesciences
Government
Others
By Country
Germany
UK
France
Russia
Spain
Italy
Rest of Europe
Companies Profiled
Microsoft Corporation
IBM Corporation
OpenText Corporation
SAP SE
Oracle Corporation
Elastic N.V.
expert.ai S.p.A.
Almawave S.p.A. (Almaviva S.p.A)
Mindbreeze GmbH
Squirro AG
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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 Insight Engines Market, by Technology
- 1.4.2 Europe Insight Engines Market, by Application
- 1.4.3 Europe Insight Engines Market, by Component
- 1.4.4 Europe Insight Engines Market, by Deployment Type
- 1.4.5 Europe Insight Engines Market, by Organization Size
- 1.4.6 Europe Insight Engines Market, by Vertical
- 1.4.7 Europe Insight Engines Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market composition & scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Competition Analysis - Global
- 3.1 KBV Cardinal Matrix
- 3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
- 3.2.4 Geographical Expansions
- 3.3 Top Winning Strategies
- 3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2020, Nov – 2022, Nov) Leading Players
- Chapter 4. Europe Insight Engines Market by Technology
- 4.1 Europe Machine Learning Market by Country
- 4.2 Europe Nature Language Processing Market by Country
- Chapter 5. Europe Insight Engines Market by Application
- 5.1 Europe Customer Management Market by Country
- 5.2 Europe Search & Discovery Market by Country
- 5.3 Europe Knowledge Management Market by Country
- 5.4 Europe Risk & Compliance Management Market by Country
- 5.5 Europe Other Application Market by Country
- Chapter 6. Europe Insight Engines Market by Component
- 6.1 Europe Solution Market by Country
- 6.2 Europe Services Market by Country
- Chapter 7. Europe Insight Engines Market by Deployment Type
- 7.1 Europe Cloud Market by Country
- 7.2 Europe On-premise Market by Country
- Chapter 8. Europe Insight Engines Market by Organization Size
- 8.1 Europe Large Enterprises Market by Country
- 8.2 Europe Small & Medium Enterprises Market by Country
- Chapter 9. Europe Insight Engines Market by Vertical
- 9.1 Europe BFSI Market by Country
- 9.2 Europe IT & ITeS Market by Country
- 9.3 Europe Retail & Ecommerce Market by Country
- 9.4 Europe Telecom Market by Country
- 9.5 Europe Manufacturing Market by Country
- 9.6 Europe Healthcare & Lifesciences Market by Country
- 9.7 Europe Government Market by Country
- 9.8 Europe Others Market by Country
- Chapter 10. Europe Insight Engines Market by Country
- 10.1 Germany Insight Engines Market
- 10.1.1 Germany Insight Engines Market by Technology
- 10.1.2 Germany Insight Engines Market by Application
- 10.1.3 Germany Insight Engines Market by Component
- 10.1.4 Germany Insight Engines Market by Deployment Type
- 10.1.5 Germany Insight Engines Market by Organization Size
- 10.1.6 Germany Insight Engines Market by Vertical
- 10.2 UK Insight Engines Market
- 10.2.1 UK Insight Engines Market by Technology
- 10.2.2 UK Insight Engines Market by Application
- 10.2.3 UK Insight Engines Market by Component
- 10.2.4 UK Insight Engines Market by Deployment Type
- 10.2.5 UK Insight Engines Market by Organization Size
- 10.2.6 UK Insight Engines Market by Vertical
- 10.3 France Insight Engines Market
- 10.3.1 France Insight Engines Market by Technology
- 10.3.2 France Insight Engines Market by Application
- 10.3.3 France Insight Engines Market by Component
- 10.3.4 France Insight Engines Market by Deployment Type
- 10.3.5 France Insight Engines Market by Organization Size
- 10.3.6 France Insight Engines Market by Vertical
- 10.4 Russia Insight Engines Market
- 10.4.1 Russia Insight Engines Market by Technology
- 10.4.2 Russia Insight Engines Market by Application
- 10.4.3 Russia Insight Engines Market by Component
- 10.4.4 Russia Insight Engines Market by Deployment Type
- 10.4.5 Russia Insight Engines Market by Organization Size
- 10.4.6 Russia Insight Engines Market by Vertical
- 10.5 Spain Insight Engines Market
- 10.5.1 Spain Insight Engines Market by Technology
- 10.5.2 Spain Insight Engines Market by Application
- 10.5.3 Spain Insight Engines Market by Component
- 10.5.4 Spain Insight Engines Market by Deployment Type
- 10.5.5 Spain Insight Engines Market by Organization Size
- 10.5.6 Spain Insight Engines Market by Vertical
- 10.6 Italy Insight Engines Market
- 10.6.1 Italy Insight Engines Market by Technology
- 10.6.2 Italy Insight Engines Market by Application
- 10.6.3 Italy Insight Engines Market by Component
- 10.6.4 Italy Insight Engines Market by Deployment Type
- 10.6.5 Italy Insight Engines Market by Organization Size
- 10.6.6 Italy Insight Engines Market by Vertical
- 10.7 Rest of Europe Insight Engines Market
- 10.7.1 Rest of Europe Insight Engines Market by Technology
- 10.7.2 Rest of Europe Insight Engines Market by Application
- 10.7.3 Rest of Europe Insight Engines Market by Component
- 10.7.4 Rest of Europe Insight Engines Market by Deployment Type
- 10.7.5 Rest of Europe Insight Engines Market by Organization Size
- 10.7.6 Rest of Europe Insight Engines Market by Vertical
- Chapter 11. Company Profiles
- 11.1 IBM Corporation
- 11.1.1 Company Overview
- 11.1.2 Financial Analysis
- 11.1.3 Regional & Segmental Analysis
- 11.1.4 Research & Development Expenses
- 11.1.5 Recent strategies and developments:
- 11.1.5.1 Partnerships, Collaborations, and Agreements:
- 11.1.5.2 Product Launches and Product Expansions:
- 11.1.5.3 Acquisition and Mergers:
- 11.1.6 SWOT Analysis
- 11.2 Oracle Corporation
- 11.2.1 Company Overview
- 11.2.2 Financial Analysis
- 11.2.3 Segmental and Regional Analysis
- 11.2.4 Research & Development Expense
- 11.2.5 Recent strategies and developments:
- 11.2.5.1 Partnerships, Collaborations, and Agreements:
- 11.2.5.2 Acquisition and Mergers:
- 11.2.5.3 Geographical Expansions:
- 11.2.6 SWOT Analysis
- 11.3 SAP SE
- 11.3.1 Company Overview
- 11.3.2 Financial Analysis
- 11.3.3 Segmental and Regional Analysis
- 11.3.4 Research & Development Expense
- 11.3.5 Recent strategies and developments:
- 11.3.5.1 Partnerships, Collaborations, and Agreements:
- 11.3.5.2 Acquisition and Mergers:
- 11.3.6 SWOT Analysis
- 11.4 Microsoft Corporation
- 11.4.1 Company Overview
- 11.4.2 Financial Analysis
- 11.4.3 Segmental and Regional Analysis
- 11.4.4 Recent strategies and developments:
- 11.4.4.1 Partnerships, Collaborations, and Agreements:
- 11.4.4.2 Product Launches and Product Expansions:
- 11.4.5 SWOT Analysis
- 11.5 OpenText Corporation
- 11.5.1 Company Overview
- 11.5.2 Financial Analysis
- 11.5.3 Product Type and Regional Analysis
- 11.5.4 Research & Development Expense
- 11.5.5 Recent strategies and developments:
- 11.5.5.1 Product Launches and Product Expansions:
- 11.5.5.2 Acquisition and Mergers:
- 11.5.6 SWOT Analysis
- 11.6 Elastic N.V.
- 11.6.1 Company Overview
- 11.6.2 Financial Analysis
- 11.6.3 Regional Analysis
- 11.6.4 Research & Development Expenses
- 11.6.5 Recent strategies and developments:
- 11.6.5.1 Product Launches and Product Expansions:
- 11.6.5.2 Acquisition and Mergers:
- 11.7 expert.ai S.p.A.
- 11.7.1 Company Overview
- 11.7.2 Financial Analysis
- 11.7.3 Regional Analysis
- 11.7.4 Research & Development Expenses
- 11.8 Almawave S.p.A. (Almaviva S.p.A)
- 11.8.1 Company Overview
- 11.8.2 Financial Analysis
- 11.9 Mindbreeze GmbH (Fabasoft AG)
- 11.9.1 Company Overview
- 11.9.2 Financial Analysis
- 11.9.3 Regional Analysis
- 11.9.4 Research & Development Expense
- 11.10. Squirro AG
- 11.10.1 Company Overview
- 11.10.2 Recent strategies and developments:
- 11.10.2.1 Partnerships, Collaborations, and Agreements:
- 11.10.2.2 Product Launches and Product Expansions:
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