The Europe Augmented Analytics in BFSI Market would witness market growth of 23.3% CAGR during the forecast period (2023-2030).
Poor data quality remains an urgent issue to address as a result of recent crises and shocks affecting financial institutions' well-being, reputation, and capacity for making decisions. Data quality and standardization are especially difficult to achieve because entries are logged more than once and are accessible across several platforms. This, in turn, has broad-reaching adverse effects on risk management, adherence to international regulations, fraud prevention, money laundering, and regulatory compliance, among other things. As a result, maintaining data integrity turns into a key tenet of the BFSI sector's digitalization, for which augmented analytics helps in various important aspects.
The BFSI industry Is heavily regulated and financial companies must adhere to several regulations and guidelines. As a result, augmented analytics technology aids these institutions in managing their data while maintaining regulatory compliance. Additionally, augmented analytics aid in reducing reporting errors and discrepancies, which is important for adhering to legal standards. In addition, augmented analytics aid financial institutions in gaining knowledge of consumer behavior, which may be used to enhance customer experiences and adhere to legal requirements for data protection and customer privacy. In a highly regulated sector like BFSI, augmented analytics aid BFSI organizations in enhancing decision-making capabilities, reducing risk, and improving compliance processes.
Regional nations are focusing on raising the level of digital finance literacy among citizens and users alike, which has resulted in a number of initiatives. For example, one of the main objectives of the National Financial Education Plan, which the Central Bank of Spain and CNMV implemented from 2018 to 2021, was digital financial literacy. The resulting need to improve financial literacy and digitalize financial services and products are viewed as significant areas of action. Moreover, the UK is the biggest financial center in the world, with a robust environment and a nationwide talent pool. The UK government continues to set the bar for technology and innovation in financial services, as seen by the rising percentage of banking firms that export from the nation. Due to these considerations, the regional market will grow in the next years.
The Germany market dominated the Europe Augmented Analytics in BFSI Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $546.5 Million by 2030. The UK market is anticipated to grow at a CAGR of 22.3% during (2023 - 2030). Additionally, The France market would exhibit a CAGR of 24.2% during (2023 - 2030).
Based on Component, the market is segmented into Solution and Services. Based on Application, the market is segmented into Customer Analytics, Fraud Detection, Risk & Compliance Management, Portfolio Management, and Others. Based on Organization size, the market is segmented into Large Enterprises and SMEs. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Augmented Analytics in BFSI Market is Projected to reach USD 8.1 Billion by 2030, at a CAGR of 23.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SAS Institute, Inc., IBM Corporation, Salesforce, Inc., SAP SE, Microsoft Corporation, QlikTech International AB, Alteryx, Inc., Tibco Software, Inc. (Vista Equity Partners), ThoughtSpot, Inc. and Oracle Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Application
- Customer Analytics
- Fraud Detection
- Risk & Compliance Management
- Portfolio Management
- Others
By Organization size
By Deployment Mode
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- SAS Institute, Inc.
- IBM Corporation
- Salesforce, Inc.
- SAP SE
- Microsoft Corporation
- QlikTech International AB
- Alteryx, Inc.
- Tibco Software, Inc. (Vista Equity Partners)
- ThoughtSpot, Inc.
- Oracle Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Augmented Analytics in BFSI Market, by Component
1.4.2 Europe Augmented Analytics in BFSI Market, by Application
1.4.3 Europe Augmented Analytics in BFSI Market, by Organization size
1.4.4 Europe Augmented Analytics in BFSI Market, by Deployment Mode
1.4.5 Europe Augmented Analytics in BFSI 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 and 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
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Mar – 2023, May) Leading Players
Chapter 4. Europe Augmented Analytics in BFSI Market by Component
4.1 Europe Solution Market by Country
4.2 Europe Services Market by Country
Chapter 5. Europe Augmented Analytics in BFSI Market by Application
5.1 Europe Customer Analytics Market by Country
5.2 Europe Fraud Detection Market by Country
5.3 Europe Risk & Compliance Management Market by Country
5.4 Europe Portfolio Management Market by Country
5.5 Europe Other Application Market by Country
Chapter 6. Europe Augmented Analytics in BFSI Market by Organization size
6.1 Europe Large Enterprises Market by Country
6.2 Europe SMEs Market by Country
Chapter 7. Europe Augmented Analytics in BFSI Market by Deployment Mode
7.1 Europe On-premise Market by Country
7.2 Europe Cloud Market by Country
Chapter 8. Europe Augmented Analytics in BFSI Market by Country
8.1 Germany Augmented Analytics in BFSI Market
8.1.1 Germany Augmented Analytics in BFSI Market by Component
8.1.2 Germany Augmented Analytics in BFSI Market by Application
8.1.3 Germany Augmented Analytics in BFSI Market by Organization size
8.1.4 Germany Augmented Analytics in BFSI Market by Deployment Mode
8.2 UK Augmented Analytics in BFSI Market
8.2.1 UK Augmented Analytics in BFSI Market by Component
8.2.2 UK Augmented Analytics in BFSI Market by Application
8.2.3 UK Augmented Analytics in BFSI Market by Organization size
8.2.4 UK Augmented Analytics in BFSI Market by Deployment Mode
8.3 France Augmented Analytics in BFSI Market
8.3.1 France Augmented Analytics in BFSI Market by Component
8.3.2 France Augmented Analytics in BFSI Market by Application
8.3.3 France Augmented Analytics in BFSI Market by Organization size
8.3.4 France Augmented Analytics in BFSI Market by Deployment Mode
8.4 Russia Augmented Analytics in BFSI Market
8.4.1 Russia Augmented Analytics in BFSI Market by Component
8.4.2 Russia Augmented Analytics in BFSI Market by Application
8.4.3 Russia Augmented Analytics in BFSI Market by Organization size
8.4.4 Russia Augmented Analytics in BFSI Market by Deployment Mode
8.5 Spain Augmented Analytics in BFSI Market
8.5.1 Spain Augmented Analytics in BFSI Market by Component
8.5.2 Spain Augmented Analytics in BFSI Market by Application
8.5.3 Spain Augmented Analytics in BFSI Market by Organization size
8.5.4 Spain Augmented Analytics in BFSI Market by Deployment Mode
8.6 Italy Augmented Analytics in BFSI Market
8.6.1 Italy Augmented Analytics in BFSI Market by Component
8.6.2 Italy Augmented Analytics in BFSI Market by Application
8.6.3 Italy Augmented Analytics in BFSI Market by Organization size
8.6.4 Italy Augmented Analytics in BFSI Market by Deployment Mode
8.7 Rest of Europe Augmented Analytics in BFSI Market
8.7.1 Rest of Europe Augmented Analytics in BFSI Market by Component
8.7.2 Rest of Europe Augmented Analytics in BFSI Market by Application
8.7.3 Rest of Europe Augmented Analytics in BFSI Market by Organization size
8.7.4 Rest of Europe Augmented Analytics in BFSI Market by Deployment Mode
Chapter 9. Company Profiles
9.1 ThoughtSpot, Inc.
9.1.1 Company Overview
9.1.2 Recent strategies and developments:
9.1.2.1 Partnerships, Collaborations, and Agreements:
9.2 SAS Institute, Inc.
9.2.1 Company Overview
9.2.2 Recent strategies and developments:
9.2.2.1 Partnerships, Collaborations, and Agreements:
9.2.2.2 Acquisition and Mergers:
9.3 Salesforce, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 QlikTech International AB
9.4.1 Company Overview
9.4.2 Recent strategies and developments:
9.4.2.1 Partnerships, Collaborations, and Agreements:
9.5 Tibco Software, Inc. (Vista Equity Partners)
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Acquisition and Mergers:
9.6 IBM Corporation
9.6.1 Company Overview
9.6.3 Regional & Segmental Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 Oracle Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 SWOT Analysis
9.8 SAP SE
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.6 SWOT Analysis
9.9 Microsoft Corporation
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.9.5.2 Acquisition and Mergers:
9.9.6 SWOT Analysis
9.10. Alteryx, Inc.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Product Launches and Product Expansions:
9.10.5.2 Acquisition and Mergers:
TABLE 1 Europe Augmented Analytics in BFSI Market, 2019 - 2022, USD Million
TABLE 2 Europe Augmented Analytics in BFSI Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Augmented Analytics in BFSI Market
TABLE 4 Product Launches And Product Expansions– Augmented Analytics in BFSI Market
TABLE 5 Acquisition and Mergers– Augmented Analytics in BFSI Market
TABLE 6 Europe Augmented Analytics in BFSI Market by Component, 2019 - 2022, USD Million
TABLE 7 Europe Augmented Analytics in BFSI Market by Component, 2023 - 2030, USD Million
TABLE 8 Europe Solution Market by Country, 2019 - 2022, USD Million
TABLE 9 Europe Solution Market by Country, 2023 - 2030, USD Million
TABLE 10 Europe Services Market by Country, 2019 - 2022, USD Million
TABLE 11 Europe Services Market by Country, 2023 - 2030, USD Million
TABLE 12 Europe Augmented Analytics in BFSI Market by Application, 2019 - 2022, USD Million
TABLE 13 Europe Augmented Analytics in BFSI Market by Application, 2023 - 2030, USD Million
TABLE 14 Europe Customer Analytics Market by Country, 2019 - 2022, USD Million
TABLE 15 Europe Customer Analytics Market by Country, 2023 - 2030, USD Million
TABLE 16 Europe Fraud Detection Market by Country, 2019 - 2022, USD Million
TABLE 17 Europe Fraud Detection Market by Country, 2023 - 2030, USD Million
TABLE 18 Europe Risk & Compliance Management Market by Country, 2019 - 2022, USD Million
TABLE 19 Europe Risk & Compliance Management Market by Country, 2023 - 2030, USD Million
TABLE 20 Europe Portfolio Management Market by Country, 2019 - 2022, USD Million
TABLE 21 Europe Portfolio Management Market by Country, 2023 - 2030, USD Million
TABLE 22 Europe Other Application Market by Country, 2019 - 2022, USD Million
TABLE 23 Europe Other Application Market by Country, 2023 - 2030, USD Million
TABLE 24 Europe Augmented Analytics in BFSI Market by Organization size, 2019 - 2022, USD Million
TABLE 25 Europe Augmented Analytics in BFSI Market by Organization size, 2023 - 2030, USD Million
TABLE 26 Europe Large Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 27 Europe Large Enterprises Market by Country, 2023 - 2030, USD Million
TABLE 28 Europe SMEs Market by Country, 2019 - 2022, USD Million
TABLE 29 Europe SMEs Market by Country, 2023 - 2030, USD Million
TABLE 30 Europe Augmented Analytics in BFSI Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 31 Europe Augmented Analytics in BFSI Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 32 Europe On-premise Market by Country, 2019 - 2022, USD Million
TABLE 33 Europe On-premise Market by Country, 2023 - 2030, USD Million
TABLE 34 Europe Cloud Market by Country, 2019 - 2022, USD Million
TABLE 35 Europe Cloud Market by Country, 2023 - 2030, USD Million
TABLE 36 Europe Augmented Analytics in BFSI Market by Country, 2019 - 2022, USD Million
TABLE 37 Europe Augmented Analytics in BFSI Market by Country, 2023 - 2030, USD Million
TABLE 38 Germany Augmented Analytics in BFSI Market, 2019 - 2022, USD Million
TABLE 39 Germany Augmented Analytics in BFSI Market, 2023 - 2030, USD Million
TABLE 40 Germany Augmented Analytics in BFSI Market by Component, 2019 - 2022, USD Million
TABLE 41 Germany Augmented Analytics in BFSI Market by Component, 2023 - 2030, USD Million
TABLE 42 Germany Augmented Analytics in BFSI Market by Application, 2019 - 2022, USD Million
TABLE 43 Germany Augmented Analytics in BFSI Market by Application, 2023 - 2030, USD Million
TABLE 44 Germany Augmented Analytics in BFSI Market by Organization size, 2019 - 2022, USD Million
TABLE 45 Germany Augmented Analytics in BFSI Market by Organization size, 2023 - 2030, USD Million
TABLE 46 Germany Augmented Analytics in BFSI Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 47 Germany Augmented Analytics in BFSI Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 48 UK Augmented Analytics in BFSI Market, 2019 - 2022, USD Million
TABLE 49 UK Augmented Analytics in BFSI Market, 2023 - 2030, USD Million
TABLE 50 UK Augmented Analytics in BFSI Market by Component, 2019 - 2022, USD Million
TABLE 51 UK Augmented Analytics in BFSI Market by Component, 2023 - 2030, USD Million
TABLE 52 UK Augmented Analytics in BFSI Market by Application, 2019 - 2022, USD Million
TABLE 53 UK Augmented Analytics in BFSI Market by Application, 2023 - 2030, USD Million
TABLE 54 UK Augmented Analytics in BFSI Market by Organization size, 2019 - 2022, USD Million
TABLE 55 UK Augmented Analytics in BFSI Market by Organization size, 2023 - 2030, USD Million
TABLE 56 UK Augmented Analytics in BFSI Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 57 UK Augmented Analytics in BFSI Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 58 France Augmented Analytics in BFSI Market, 2019 - 2022, USD Million
TABLE 59 France Augmented Analytics in BFSI Market, 2023 - 2030, USD Million
TABLE 60 France Augmented Analytics in BFSI Market by Component, 2019 - 2022, USD Million
TABLE 61 France Augmented Analytics in BFSI Market by Component, 2023 - 2030, USD Million
TABLE 62 France Augmented Analytics in BFSI Market by Application, 2019 - 2022, USD Million
TABLE 63 France Augmented Analytics in BFSI Market by Application, 2023 - 2030, USD Million
TABLE 64 France Augmented Analytics in BFSI Market by Organization size, 2019 - 2022, USD Million
TABLE 65 France Augmented Analytics in BFSI Market by Organization size, 2023 - 2030, USD Million
TABLE 66 France Augmented Analytics in BFSI Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 67 France Augmented Analytics in BFSI Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 68 Russia Augmented Analytics in BFSI Market, 2019 - 2022, USD Million
TABLE 69 Russia Augmented Analytics in BFSI Market, 2023 - 2030, USD Million
TABLE 70 Russia Augmented Analytics in BFSI Market by Component, 2019 - 2022, USD Million
TABLE 71 Russia Augmented Analytics in BFSI Market by Component, 2023 - 2030, USD Million
TABLE 72 Russia Augmented Analytics in BFSI Market by Application, 2019 - 2022, USD Million
TABLE 73 Russia Augmented Analytics in BFSI Market by Application, 2023 - 2030, USD Million
TABLE 74 Russia Augmented Analytics in BFSI Market by Organization size, 2019 - 2022, USD Million
TABLE 75 Russia Augmented Analytics in BFSI Market by Organization size, 2023 - 2030, USD Million
TABLE 76 Russia Augmented Analytics in BFSI Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 77 Russia Augmented Analytics in BFSI Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 78 Spain Augmented Analytics in BFSI Market, 2019 - 2022, USD Million
TABLE 79 Spain Augmented Analytics in BFSI Market, 2023 - 2030, USD Million
TABLE 80 Spain Augmented Analytics in BFSI Market by Component, 2019 - 2022, USD Million
TABLE 81 Spain Augmented Analytics in BFSI Market by Component, 2023 - 2030, USD Million
TABLE 82 Spain Augmented Analytics in BFSI Market by Application, 2019 - 2022, USD Million
TABLE 83 Spain Augmented Analytics in BFSI Market by Application, 2023 - 2030, USD Million
TABLE 84 Spain Augmented Analytics in BFSI Market by Organization size, 2019 - 2022, USD Million
TABLE 85 Spain Augmented Analytics in BFSI Market by Organization size, 2023 - 2030, USD Million
TABLE 86 Spain Augmented Analytics in BFSI Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 87 Spain Augmented Analytics in BFSI Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 88 Italy Augmented Analytics in BFSI Market, 2019 - 2022, USD Million
TABLE 89 Italy Augmented Analytics in BFSI Market, 2023 - 2030, USD Million
TABLE 90 Italy Augmented Analytics in BFSI Market by Component, 2019 - 2022, USD Million
TABLE 91 Italy Augmented Analytics in BFSI Market by Component, 2023 - 2030, USD Million
TABLE 92 Italy Augmented Analytics in BFSI Market by Application, 2019 - 2022, USD Million
TABLE 93 Italy Augmented Analytics in BFSI Market by Application, 2023 - 2030, USD Million
TABLE 94 Italy Augmented Analytics in BFSI Market by Organization size, 2019 - 2022, USD Million
TABLE 95 Italy Augmented Analytics in BFSI Market by Organization size, 2023 - 2030, USD Million
TABLE 96 Italy Augmented Analytics in BFSI Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 97 Italy Augmented Analytics in BFSI Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 98 Rest of Europe Augmented Analytics in BFSI Market, 2019 - 2022, USD Million
TABLE 99 Rest of Europe Augmented Analytics in BFSI Market, 2023 - 2030, USD Million
TABLE 100 Rest of Europe Augmented Analytics in BFSI Market by Component, 2019 - 2022, USD Million
TABLE 101 Rest of Europe Augmented Analytics in BFSI Market by Component, 2023 - 2030, USD Million
TABLE 102 Rest of Europe Augmented Analytics in BFSI Market by Application, 2019 - 2022, USD Million
TABLE 103 Rest of Europe Augmented Analytics in BFSI Market by Application, 2023 - 2030, USD Million
TABLE 104 Rest of Europe Augmented Analytics in BFSI Market by Organization size, 2019 - 2022, USD Million
TABLE 105 Rest of Europe Augmented Analytics in BFSI Market by Organization size, 2023 - 2030, USD Million
TABLE 106 Rest of Europe Augmented Analytics in BFSI Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 107 Rest of Europe Augmented Analytics in BFSI Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 108 Key Information – ThoughtSpot, Inc.
TABLE 109 Key information – SAS Institute, Inc.
TABLE 110 Key Information – Salesforce, Inc.
TABLE 111 key information – QlikTech International AB
TABLE 112 Key information – Tibco Software, Inc.
TABLE 113 Key information – IBM Corporation
TABLE 114 Key Information – Oracle Corporation
TABLE 115 Key Information – SAP SE
TABLE 116 key information – Microsoft Corporation
TABLE 117 key information – Alteryx, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 5 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2020, Mar – 2023, May) Leading Players
FIG 6 Europe Augmented Analytics in BFSI Market share by Component, 2022
FIG 7 Europe Augmented Analytics in BFSI Market share by Component, 2030
FIG 8 Europe Augmented Analytics in BFSI Market by Component, 2019 - 2030, USD Million
FIG 9 Europe Augmented Analytics in BFSI Market share by Application, 2022
FIG 10 Europe Augmented Analytics in BFSI Market share by Application, 2030
FIG 11 Europe Augmented Analytics in BFSI Market by Application, 2019 - 2030, USD Million
FIG 12 Europe Augmented Analytics in BFSI Market share by Organization size, 2022
FIG 13 Europe Augmented Analytics in BFSI Market share by Organization size, 2030
FIG 14 Europe Augmented Analytics in BFSI Market by Organization size, 2019 - 2030, USD Million
FIG 15 Europe Augmented Analytics in BFSI Market share by Deployment Mode, 2022
FIG 16 Europe Augmented Analytics in BFSI Market share by Deployment Mode, 2030
FIG 17 Europe Augmented Analytics in BFSI Market by Deployment Mode, 2019 - 2030, USD Million
FIG 18 Europe Augmented Analytics in BFSI Market share by Country, 2022
FIG 19 Europe Augmented Analytics in BFSI Market share by Country, 2030
FIG 20 Europe Augmented Analytics in BFSI Market by Country, 2019 - 2030, USD Million
FIG 21 Recent strategies and developments: SAS Institute, Inc.
FIG 22 SWOT Analysis: Salesforce.com Inc.
FIG 23 Swot analysis: IBM Corporation
FIG 24 SWOT analysis: Oracle Corporation
FIG 25 SWOT Analysis: SAP SE
FIG 26 SWOT Analysis: Microsoft Corporation