Europe AI Data Management Market Forecast to 2031 - Regional Analysis - by Offering, Deployment, Technology, and Industry Vertical

List of Tables

The Europe AI data management market was valued at US$ 6,851.61 million in 2023 and is expected to reach US$ 32,339.09 million by 2031; it is estimated to register a CAGR of 21.4% from 2023 to 2031.

Surge in Partnerships and Acquisitions Among Key Market Players Drive Europe AI Data Management Market

The market players are involved in partnerships and acquisitions to develop advanced software to increase their market share. The partnership and acquisition help companies exchange their expertise in AI data management and facilitate access to a diverse range of datasets. A few of such instances are mentioned below:

In November 2023, Databricks Inc. acquired Arcion to offer native solutions. Databricks Inc. uses Arcion's real-time data replication technologies that facilitate the ingestion and seamless replication of data from diverse databases and SaaS applications.

In May 2023, QlikTech International AB acquired Talend to broaden its capabilities for managing, processing, analyzing, and acting upon data for modern enterprises. The collaboration between QlikTech International AB and Talend strengthens numerous areas, such as application connectivity, data transformation, API services, and quality assurance.

In March 2023, SAP SE signed a partnership agreement with leading AI companies, including Databricks Inc., Collibra NV, DataRobot Inc., and Confluent Inc. This agreement supports SAP SE to strengthen its AI data management solutions portfolio.

In October 2022, BPER Banca Group, the third largest banking group in Italy, signed a four-year partnership agreement with the International Business Machine Corp to support the bank in the development of digital business. BPER Banca Group utilizes International Business Machine Corp's digital and IT products, such as cloud and AI technology, to modernize its infrastructure and appropriately manage customers' sensitive data and information.

Moreover, a surge in partnerships and acquisitions among key market players drives the AI data management market.

Europe AI Data Management Market Overview

Europe is technologically advanced, owing to the high adoption rate of advanced technologies in Germany, the UK, France, Spain, Italy, and Russia. According to the Netherlands Ministry of Foreign Affairs, the AI technology used by various enterprises in Europe was only 8% in 2021, which has almost doubled by January 2023. In a few industries, 75% of enterprises use AI technology to manage their day-to-day transactions.

The growing adoption of advanced technologies has also encouraged market players to implement AI technology in data management solutions and services to improve customer satisfaction.

Europe AI Data Management Market Revenue and Forecast to 2030 (US$ Million)

Europe AI Data Management Market Segmentation

The Europe AI data management market is categorized into offering, deployment, technology, industry vertical, and country.

Based on offering, the Europe AI data management market is bifurcated into solution and service. The solution segment held a larger Europe AI data management market share in 2023.

In terms of deployment, the Europe AI data management market is segmented into on-premise and cloud. The cloud segment held a larger Europe AI data management market share in 2023.

By technology, the Europe AI data management market is divided into machine learning, natural language processing (NLP), computer vision, and context awareness computing. The machine learning segment held the largest Europe AI data management market share in 2023.

Based on industry vertical, the Europe AI data management market is categorized into BFSI, retail & e-commerce, IT & telecom, healthcare, government, and others. The BFSI segment held the largest Europe AI data management market share in 2023.

Based on country, the Europe AI data management market is categorized into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Germany dominated the Europe AI data management market share in 2023.

Microsoft Corp, Alphabet Inc, Oracle Corp, International Business Machines Corp, Salesforce Inc, SAP SE, Hewlett Packard Enterprise Co, Snowflake Inc, and Amazon com Inc. are some of the leading companies operating in the Europe AI data management market.

Product Code: BMIRE00030735

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Europe AI Data Management Market Landscape

4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
- 4.3.1 List of Vendors in the Value Chain

5. Europe AI Data Management Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Advancements in AI and ML-Based Data Management Software
- 5.1.2 Surge in Partnerships and Acquisitions Among Key Market Players
- 5.1.3 Expansion of BFSI Industry and Rise in Financial Transactions
5.2 Market Restraints
- 5.2.1 Issues Related to Availability of High-Quality Data
- 5.2.2 High Costs Associated with AI Data Management Software
5.3 Market Opportunities
- 5.3.1 Rising Adoption of Personalized and Adaptive Systems among Consumers
- 5.3.2 Growing Investment in AI Technology
5.4 Future Trends
- 5.4.1 Real-time Data Processing
5.5 Impact of Drivers and Restraints:

6. AI Data Management Market - Europe Market Analysis

6.1 Europe AI Data Management Market Revenue (US$ Million), 2021-2031
6.2 Europe AI Data Management Market Forecast Analysis

7. Europe AI Data Management Market Analysis - by Offering

7.1 Solution
- 7.1.1 Overview
- 7.1.2 Solution: Europe AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Service
- 7.2.1 Overview.
- 7.2.2 Service: Europe AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

8. Europe AI Data Management Market Analysis - by Deployment

8.1 On-premise
- 8.1.1 Overview
- 8.1.2 On-premise: Europe AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)
8.2 Cloud
- 8.2.1 Overview
- 8.2.2 Cloud: Europe AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

9. Europe AI Data Management Market Analysis - by Technology

9.1 Machine Learning
- 9.1.1 Overview
- 9.1.2 Machine Learning: Europe AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)
9.2 Natural Language Processing (NLP)
- 9.2.1 Overview
- 9.2.2 Natural Language Processing (NLP): Europe AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)
9.3 Computer Vision
- 9.3.1 Overview
- 9.3.2 Computer Vision: Europe AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)
9.4 Context Awareness Computing
- 9.4.1 Overview
- 9.4.2 Context Awareness Computing: Europe AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

10. Europe AI Data Management Market Analysis - by Industry Vertical

10.1 BFSI
- 10.1.1 Overview
- 10.1.2 BFSI: Europe AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)
10.2 Retail and E-Commerce
- 10.2.1 Overview
- 10.2.2 Retail and E-Commerce: Europe AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)
10.3 IT and Telecom
- 10.3.1 Overview
- 10.3.2 IT and Telecom: Europe AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)
10.4 Healthcare
- 10.4.1 Overview
- 10.4.2 Healthcare: Europe AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)
10.5 Government
- 10.5.1 Overview
- 10.5.2 Government: Europe AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)
10.6 Others
- 10.6.1 Overview
- 10.6.2 Others: Europe AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

11. Europe AI Data Management Market - Country Analysis

11.1 Europe
- 11.1.1 Europe AI Data Management Market Overview
- 11.1.2 Europe: AI Data Management Market Breakdown, by Key Countries, 2023 and 2031 (%)
  - 11.1.2.1 Europe: AI Data Management Market - Revenue and Forecast Analysis - by Country
  - 11.1.2.2 Germany: AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.2.2.1 Germany: AI Data Management Market Breakdown, by Offering
    - 11.1.2.2.2 Germany: AI Data Management Market Breakdown, by Deployment
    - 11.1.2.2.3 Germany: AI Data Management Market Breakdown, by Technology
    - 11.1.2.2.4 Germany: AI Data Management Market Breakdown, by Industry Vertical
  - 11.1.2.3 France: AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.2.3.1 France: AI Data Management Market Breakdown, by Offering
    - 11.1.2.3.2 France: AI Data Management Market Breakdown, by Deployment
    - 11.1.2.3.3 France: AI Data Management Market Breakdown, by Technology
    - 11.1.2.3.4 France: AI Data Management Market Breakdown, by Industry Vertical
  - 11.1.2.4 Italy: AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.2.4.1 Italy: AI Data Management Market Breakdown, by Offering
    - 11.1.2.4.2 Italy: AI Data Management Market Breakdown, by Deployment
    - 11.1.2.4.3 Italy: AI Data Management Market Breakdown, by Technology
    - 11.1.2.4.4 Italy: AI Data Management Market Breakdown, by Industry Vertical
  - 11.1.2.5 United Kingdom: AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.2.5.1 United Kingdom: AI Data Management Market Breakdown, by Offering
    - 11.1.2.5.2 United Kingdom: AI Data Management Market Breakdown, by Deployment
    - 11.1.2.5.3 United Kingdom: AI Data Management Market Breakdown, by Technology
    - 11.1.2.5.4 United Kingdom: AI Data Management Market Breakdown, by Industry Vertical
  - 11.1.2.6 Russia: AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.2.6.1 Russia: AI Data Management Market Breakdown, by Offering
    - 11.1.2.6.2 Russia: AI Data Management Market Breakdown, by Deployment
    - 11.1.2.6.3 Russia: AI Data Management Market Breakdown, by Technology
    - 11.1.2.6.4 Russia: AI Data Management Market Breakdown, by Industry Vertical
  - 11.1.2.7 Rest of Europe: AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.2.7.1 Rest of Europe: AI Data Management Market Breakdown, by Offering
    - 11.1.2.7.2 Rest of Europe: AI Data Management Market Breakdown, by Deployment
    - 11.1.2.7.3 Rest of Europe: AI Data Management Market Breakdown, by Technology
    - 11.1.2.7.4 Rest of Europe: AI Data Management Market Breakdown, by Industry Vertical

12. Competitive Landscape

12.1 Heat Map Analysis by Key Players

13. Industry Landscape

13.1 Overview
13.2 Market Initiative
13.3 Product Development

14. Company Profiles

14.1 Microsoft Corp
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
14.2 Alphabet Inc
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
14.3 Oracle Corp
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
14.4 International Business Machines Corp
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
14.5 Salesforce Inc
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
14.6 SAP SE
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
14.7 Hewlett Packard Enterprise Co
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
14.8 Snowflake Inc
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments
14.9 Amazon.com Inc
- 14.9.1 Key Facts
- 14.9.2 Business Description
- 14.9.3 Products and Services
- 14.9.4 Financial Overview
- 14.9.5 SWOT Analysis
- 14.9.6 Key Developments

15. Appendix

15.1 About The Insight Partners