Europe Predictive Analytics Market Size, Share & Trends Analysis Report By Deployment Mode (Cloud, and On-Premise), By Component, By Organization Size, By Vertical, By Country and Growth Forecast, 2024 - 2031
The Europe Predictive Analytics Market would witness market growth of 21.3% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Predictive Analytics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,526.8 million by 2031. The UK market is exhibiting a CAGR of 20.2% during (2024 - 2031). Additionally, The France market would experience a CAGR of 22.2% during (2024 - 2031).
This is employed to forecast financial markets and investment trends. Predictive models help investors and financial institutions make informed decisions and manage investment portfolios by analyzing historical market data, economic indicators, and geopolitical events. Retailers use these to optimize shelf space and product placement.
In agriculture, these forecasts crop yields and optimize farming practices. By analyzing weather patterns, soil conditions, and historical crop performance, predictive models help farmers make data-driven decisions to enhance productivity and reduce waste. This enhances fraud detection in the insurance industry by analyzing claims data and identifying unusual patterns.
The Swedish government’s initiatives to promote Industry 4.0, including substantial investments in digital infrastructure and smart manufacturing technologies, boosted the adoption of these to optimize production processes and improve efficiency. According to the International Trade Administration (ITA), Sweden has a strong and successful manufacturing/industrial engineering sector that accounts for 20 percent of the country’s GDP, or $110 billion, with advanced manufacturing bringing in approximately $38 billion. The sector accounts for 75% of Swedish exports. European transportation companies used predictive analytics to optimize logistics and supply chain operations, enabling efficient route planning, reducing fuel consumption, and lowering operational costs. According to Eurostat, the value added of transportation and storage services exceeded the pre-pandemic years and accounted for €527.5 billion in 2021. Thus, rising smart manufacturing and an increasing transportation industry are propelling the growth of the market.
Based on Deployment Mode, the market is segmented into Cloud, and On-Premise. Based on Component, the market is segmented into Solution (Customer Analytics, Financial Analytics, Sales & Marketing Analytics, Risk Analytics, and Supply Chain Analytics), and Services (Professional, and Managed). Based on Organization Size, the market is segmented into Large Enterprise, and Small & Medium Enterprise. Based on Vertical, the market is segmented into BFSI, Healthcare, Manufacturing, Transportation & Logistics, Energy & Utilities, Government, Retail, and Telecom & IT. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- IBM Corporation
- Oracle Corporation
- SAP SE
- Microsoft Corporation
- SAS Institute Inc.
- NTT Data Corporation
- TIBCO Software, Inc. (Vista Equity Partners Management, LLC)
- Salesforce, Inc.
- Alteryx, Inc.
- Fair Isaac Corporation (FICO)
By Deployment Mode
- Cloud
- On-Premise
- Solution
- Customer Analytics
- Financial Analytics
- Sales & Marketing Analytics
- Risk Analytics
- Supply Chain Analytics
- Services
- Professional
- Managed
- Large Enterprise
- Small & Medium Enterprise
- BFSI
- Healthcare
- Manufacturing
- Transportation & Logistics
- Energy & Utilities
- Government
- Retail
- Telecom & IT
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Predictive Analytics Market, by Deployment Mode
- 1.4.2 Europe Predictive Analytics Market, by Component
- 1.4.3 Europe Predictive Analytics Market, by Organization Size
- 1.4.4 Europe Predictive Analytics Market, by Vertical
- 1.4.5 Europe Predictive Analytics 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 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jun – 2024, Aug) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. Europe Predictive Analytics Market by Deployment Mode
- 5.1 Europe Cloud Market by Country
- 5.2 Europe On-Premise Market by Country
- Chapter 6. Europe Predictive Analytics Market by Component
- 6.1 Europe Solution Market by Country
- 6.2 Europe Predictive Analytics Market by Solution Type
- 6.2.1 Europe Customer Analytics Market by Country
- 6.2.2 Europe Financial Analytics Market by Country
- 6.2.3 Europe Sales & Marketing Analytics Market by Country
- 6.2.4 Europe Risk Analytics Market by Country
- 6.2.5 Europe Supply Chain Analytics Market by Country
- 6.3 Europe Services Market by Country
- 6.4 Europe Predictive Analytics Market by Services Type
- 6.4.1 Europe Professional Market by Country
- 6.4.2 Europe Managed Market by Country
- Chapter 7. Europe Predictive Analytics Market by Organization Size
- 7.1 Europe Large Enterprise Market by Country
- 7.2 Europe Small & Medium Enterprise Market by Country
- Chapter 8. Europe Predictive Analytics Market by Vertical
- 8.1 Europe BFSI Market by Country
- 8.2 Europe Healthcare Market by Country
- 8.3 Europe Manufacturing Market by Country
- 8.4 Europe Transportation & Logistics Market by Country
- 8.5 Europe Energy & Utilities Market by Country
- 8.6 Europe Government Market by Country
- 8.7 Europe Retail Market by Country
- 8.8 Europe Telecom & IT Market by Country
- Chapter 9. Europe Predictive Analytics Market by Country
- 9.1 Germany Predictive Analytics Market
- 9.1.1 Germany Predictive Analytics Market by Deployment Mode
- 9.1.2 Germany Predictive Analytics Market by Component
- 9.1.2.1 Germany Predictive Analytics Market by Solution Type
- 9.1.2.2 Germany Predictive Analytics Market by Services Type
- 9.1.3 Germany Predictive Analytics Market by Organization Size
- 9.1.4 Germany Predictive Analytics Market by Vertical
- 9.2 UK Predictive Analytics Market
- 9.2.1 UK Predictive Analytics Market by Deployment Mode
- 9.2.2 UK Predictive Analytics Market by Component
- 9.2.2.1 UK Predictive Analytics Market by Solution Type
- 9.2.2.2 UK Predictive Analytics Market by Services Type
- 9.2.3 UK Predictive Analytics Market by Organization Size
- 9.2.4 UK Predictive Analytics Market by Vertical
- 9.3 France Predictive Analytics Market
- 9.3.1 France Predictive Analytics Market by Deployment Mode
- 9.3.2 France Predictive Analytics Market by Component
- 9.3.2.1 France Predictive Analytics Market by Solution Type
- 9.3.2.2 France Predictive Analytics Market by Services Type
- 9.3.3 France Predictive Analytics Market by Organization Size
- 9.3.4 France Predictive Analytics Market by Vertical
- 9.4 Russia Predictive Analytics Market
- 9.4.1 Russia Predictive Analytics Market by Deployment Mode
- 9.4.2 Russia Predictive Analytics Market by Component
- 9.4.2.1 Russia Predictive Analytics Market by Solution Type
- 9.4.2.2 Russia Predictive Analytics Market by Services Type
- 9.4.3 Russia Predictive Analytics Market by Organization Size
- 9.4.4 Russia Predictive Analytics Market by Vertical
- 9.5 Spain Predictive Analytics Market
- 9.5.1 Spain Predictive Analytics Market by Deployment Mode
- 9.5.2 Spain Predictive Analytics Market by Component
- 9.5.2.1 Spain Predictive Analytics Market by Solution Type
- 9.5.2.2 Spain Predictive Analytics Market by Services Type
- 9.5.3 Spain Predictive Analytics Market by Organization Size
- 9.5.4 Spain Predictive Analytics Market by Vertical
- 9.6 Italy Predictive Analytics Market
- 9.6.1 Italy Predictive Analytics Market by Deployment Mode
- 9.6.2 Italy Predictive Analytics Market by Component
- 9.6.2.1 Italy Predictive Analytics Market by Solution Type
- 9.6.2.2 Italy Predictive Analytics Market by Services Type
- 9.6.3 Italy Predictive Analytics Market by Organization Size
- 9.6.4 Italy Predictive Analytics Market by Vertical
- 9.7 Rest of Europe Predictive Analytics Market
- 9.7.1 Rest of Europe Predictive Analytics Market by Deployment Mode
- 9.7.2 Rest of Europe Predictive Analytics Market by Component
- 9.7.2.1 Rest of Europe Predictive Analytics Market by Solution Type
- 9.7.2.2 Rest of Europe Predictive Analytics Market by Services Type
- 9.7.3 Rest of Europe Predictive Analytics Market by Organization Size
- 9.7.4 Rest of Europe Predictive Analytics Market by Vertical
- Chapter 10. Company Profiles
- 10.1 IBM Corporation
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Regional & Segmental Analysis
- 10.1.4 Research & Development Expenses
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Partnerships, Collaborations, and Agreements:
- 10.1.5.2 Product Launches and Product Expansions:
- 10.1.5.3 Acquisition and Mergers:
- 10.1.6 SWOT Analysis
- 10.2 Microsoft Corporation
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental and Regional Analysis
- 10.2.4 Research & Development Expenses
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Partnerships, Collaborations, and Agreements:
- 10.2.6 SWOT Analysis
- 10.3 Oracle Corporation
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Segmental and Regional Analysis
- 10.3.4 Research & Development Expense
- 10.3.5 Recent strategies and developments:
- 10.3.5.1 Product Launches and Product Expansions:
- 10.3.6 SWOT Analysis
- 10.4 SAP SE
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Regional Analysis
- 10.4.4 Research & Development Expense
- 10.4.5 Recent strategies and developments:
- 10.4.5.1 Product Launches and Product Expansions:
- 10.4.5.2 Acquisition and Mergers:
- 10.4.6 SWOT Analysis
- 10.5 SAS Institute, Inc.
- 10.5.1 Company Overview
- 10.5.2 Recent strategies and developments:
- 10.5.2.1 Partnerships, Collaborations, and Agreements:
- 10.5.3 SWOT Analysis
- 10.6 Salesforce, Inc.
- 10.6.1 Company Overview
- 10.6.1 Financial Analysis
- 10.6.2 Regional Analysis
- 10.6.3 Research & Development Expenses
- 10.6.4 Recent strategies and developments:
- 10.6.4.1 Partnerships, Collaborations, and Agreements:
- 10.6.4.2 Product Launches and Product Expansions:
- 10.6.5 SWOT Analysis
- 10.7 NTT Data Corporation
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Recent strategies and developments:
- 10.7.3.1 Partnerships, Collaborations, and Agreements:
- 10.8 Tibco Software, Inc. (Vista Equity Partners Management, LLC)
- 10.8.1 Company Overview
- 10.8.2 Recent strategies and developments:
- 10.8.2.1 Product Launches and Product Expansions:
- 10.8.2.2 Acquisition and Mergers:
- 10.8.3 SWOT Analysis
- 10.9 Alteryx, Inc.
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Research & Development Expenses
- 10.9.4 Recent strategies and developments:
- 10.9.4.1 Partnerships, Collaborations, and Agreements:
- 10.9.4.2 Product Launches and Product Expansions:
- 10.9.5 SWOT Analysis
- 10.10. Fair Isaac Corporation (FICO)
- 10.10.1 Company Overview
- 10.10.2 Financial Analysis
- 10.10.3 Segmental and Regional Analysis
- 10.10.4 Research & Development Expenses
- 10.10.5 Recent strategies and developments:
- 10.10.5.1 Partnerships, Collaborations, and Agreements:
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