The Europe Cloud AI Market would witness market growth of 37.8% CAGR during the forecast period (2023-2029).
The Internet of Things in and of itself, as well as the growing use of connected devices, will further fuel the expansion of the market. IoT devices produce a lot of data, which must be analyzed and made sense of. Artificial intelligence is excellent at doing just that. People can make sense of data by using AI and machine learning to analyze it and track it effectively. Because of their intimate connection, IoT devices that use AI clouds aid in developing new markets and business models as well as disrupting the market as a whole. To favorably affect their income and customer experience, businesses can take advantage of these opportunities.
To develop the application of blockchain, AI, cloud computing, and other cutting-edge technology, businesses have partnered closely with authorities at various levels of government. Cloud AI platforms like Google Cloud and AWS host, train, and employ machine learning models to generate predictions and offer insights. If AI is integrated with cloud computing, it can make sensible decisions independently.
The British government's G-Cloud program intends to make it simpler for UK-based public organizations to obtain common cloud-based IT services. The G-Cloud comprises several foundation contracts with service providers that allow public sector entities to purchase services without going through a thorough procurement process that necessitates tenders or competition. Public sector businesses can look for G-Cloud-compliant services on the Digital Marketplace platform. On the Digital Marketplace, a public platform, G-Cloud provides the solutions it has agreements with service providers. This cloud plan, also known as the One Government Cloud plan (OGCS), covers lock-in, technology, security, operations, business, and personnel issues. The region's need for cloud computing services is expected to grow over the next years, which encourages the growth of the cloud AI market.
The Germany market dominated the Europe Cloud AI Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $25,937.1 million by 2029. The UK market is anticipated to grow at a CAGR of 36.7% during (2023 - 2029). Additionally, The France market would exhibit a CAGR of 38.9% during (2023 - 2029).
Based on Type, the market is segmented into Solution and Services. Based on Industry, the market is segmented into IT & Telecom, Government, Manufacturing, BFSI, Automotive & Transportation, Healthcare & Life Sciences, Retail, and Others. Based on Technology, the market is segmented into Solution Deep Learning, Machine Learning, Natural Language Processing, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Cloud AI Market is Projected to reach USD 395.8 Billion by 2029, at a CAGR of 38.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Apple, Inc., Google LLC (Alphabet, Inc.), IBM Corporation, Intel Corporation, Microsoft Corporation, Oracle Corporation, MicroStrategy, Inc., NVIDIA Corporation, Salesforce, Inc. and QlikTech International AB.
Scope of the Study
Market Segments Covered in the Report:
By Type
By Industry
- IT & Telecom
- Government
- Manufacturing
- BFSI
- Automotive & Transportation
- Healthcare & Life Sciences
- Retail
- Others
By Technology
- Deep Learning
- Machine Learning
- Natural Language Processing
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Apple, Inc.
- Google LLC (Alphabet, Inc.)
- IBM Corporation
- Intel Corporation
- Microsoft Corporation
- Oracle Corporation
- MicroStrategy, Inc.
- NVIDIA Corporation
- Salesforce, Inc.
- QlikTech International AB
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Cloud AI Market, by Type
1.4.2 Europe Cloud AI Market, by Industry
1.4.3 Europe Cloud AI Market, by Technology
1.4.4 Europe Cloud AI 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
3.3 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 and Agreements: 2018, Jul – 2023, Mar) Leading Players
Chapter 4. Europe Cloud AI Market by Type
4.1 Europe Solution Market by Country
4.2 Europe Services Market by Country
Chapter 5. Europe Cloud AI Market by Industry
5.1 Europe IT & Telecom Market by Country
5.2 Europe Government Market by Country
5.3 Europe Manufacturing Market by Country
5.4 Europe BFSI Market by Country
5.5 Europe Automotive & Transportation Market by Country
5.6 Europe Healthcare & Life Sciences Market by Country
5.7 Europe Retail Market by Country
5.8 Europe Other Industry Market by Country
Chapter 6. Europe Cloud AI Market by Technology
6.1 Europe Deep Learning Market by Country
6.2 Europe Machine Learning Market by Country
6.3 Europe Natural Language Processing Market by Country
6.4 Europe Others Market by Country
Chapter 7. Europe Cloud AI Market by Country
7.1 Germany Cloud AI Market
7.1.1 Germany Cloud AI Market by Type
7.1.2 Germany Cloud AI Market by Industry
7.1.3 Germany Cloud AI Market by Technology
7.2 UK Cloud AI Market
7.2.1 UK Cloud AI Market by Type
7.2.2 UK Cloud AI Market by Industry
7.2.3 UK Cloud AI Market by Technology
7.3 France Cloud AI Market
7.3.1 France Cloud AI Market by Type
7.3.2 France Cloud AI Market by Industry
7.3.3 France Cloud AI Market by Technology
7.4 Russia Cloud AI Market
7.4.1 Russia Cloud AI Market by Type
7.4.2 Russia Cloud AI Market by Industry
7.4.3 Russia Cloud AI Market by Technology
7.5 Spain Cloud AI Market
7.5.1 Spain Cloud AI Market by Type
7.5.2 Spain Cloud AI Market by Industry
7.5.3 Spain Cloud AI Market by Technology
7.6 Italy Cloud AI Market
7.6.1 Italy Cloud AI Market by Type
7.6.2 Italy Cloud AI Market by Industry
7.6.3 Italy Cloud AI Market by Technology
7.7 Rest of Europe Cloud AI Market
7.7.1 Rest of Europe Cloud AI Market by Type
7.7.2 Rest of Europe Cloud AI Market by Industry
7.7.3 Rest of Europe Cloud AI Market by Technology
Chapter 8. Company Profiles
8.1 Apple, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Google LLC (Alphabet, Inc.)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.6 SWOT Analysis
8.3 IBM Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional & Segmental Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Intel Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Microsoft Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.5.2 Partnerships, Collaborations, and Agreements:
8.5.6 SWOT Analysis
8.6 Oracle Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.6.5.2 Acquisition and Mergers:
8.6.5.3 Partnerships, Collaborations, and Agreements:
8.6.6 SWOT Analysis
8.7 MicroStrategy, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.8 NVIDIA Corporation
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 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Product Launches and Product Expansions:
8.8.6 SWOT Analysis
8.9 Salesforce, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Product Launches and Product Expansions:
8.9.6 SWOT Analysis
8.10. QlikTech International AB
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Acquisition and Mergers:
TABLE 1 Europe Cloud AI Market, 2019 - 2022, USD Million
TABLE 2 Europe Cloud AI Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Cloud AI Market
TABLE 4 Product Launches And Product Expansions– Cloud AI Market
TABLE 5 Acquisition and Mergers– Cloud AI Market
TABLE 6 Europe Cloud AI Market by Type, 2019 - 2022, USD Million
TABLE 7 Europe Cloud AI Market by Type, 2023 - 2029, USD Million
TABLE 8 Europe Solution Market by Country, 2019 - 2022, USD Million
TABLE 9 Europe Solution Market by Country, 2023 - 2029, USD Million
TABLE 10 Europe Services Market by Country, 2019 - 2022, USD Million
TABLE 11 Europe Services Market by Country, 2023 - 2029, USD Million
TABLE 12 Europe Cloud AI Market by Industry, 2019 - 2022, USD Million
TABLE 13 Europe Cloud AI Market by Industry, 2023 - 2029, USD Million
TABLE 14 Europe IT & Telecom Market by Country, 2019 - 2022, USD Million
TABLE 15 Europe IT & Telecom Market by Country, 2023 - 2029, USD Million
TABLE 16 Europe Government Market by Country, 2019 - 2022, USD Million
TABLE 17 Europe Government Market by Country, 2023 - 2029, USD Million
TABLE 18 Europe Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 19 Europe Manufacturing Market by Country, 2023 - 2029, USD Million
TABLE 20 Europe BFSI Market by Country, 2019 - 2022, USD Million
TABLE 21 Europe BFSI Market by Country, 2023 - 2029, USD Million
TABLE 22 Europe Automotive & Transportation Market by Country, 2019 - 2022, USD Million
TABLE 23 Europe Automotive & Transportation Market by Country, 2023 - 2029, USD Million
TABLE 24 Europe Healthcare & Life Sciences Market by Country, 2019 - 2022, USD Million
TABLE 25 Europe Healthcare & Life Sciences Market by Country, 2023 - 2029, USD Million
TABLE 26 Europe Retail Market by Country, 2019 - 2022, USD Million
TABLE 27 Europe Retail Market by Country, 2023 - 2029, USD Million
TABLE 28 Europe Other Industry Market by Country, 2019 - 2022, USD Million
TABLE 29 Europe Other Industry Market by Country, 2023 - 2029, USD Million
TABLE 30 Europe Cloud AI Market by Technology, 2019 - 2022, USD Million
TABLE 31 Europe Cloud AI Market by Technology, 2023 - 2029, USD Million
TABLE 32 Europe Deep Learning Market by Country, 2019 - 2022, USD Million
TABLE 33 Europe Deep Learning Market by Country, 2023 - 2029, USD Million
TABLE 34 Europe Machine Learning Market by Country, 2019 - 2022, USD Million
TABLE 35 Europe Machine Learning Market by Country, 2023 - 2029, USD Million
TABLE 36 Europe Natural Language Processing Market by Country, 2019 - 2022, USD Million
TABLE 37 Europe Natural Language Processing Market by Country, 2023 - 2029, USD Million
TABLE 38 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 39 Europe Others Market by Country, 2023 - 2029, USD Million
TABLE 40 Europe Cloud AI Market by Country, 2019 - 2022, USD Million
TABLE 41 Europe Cloud AI Market by Country, 2023 - 2029, USD Million
TABLE 42 Germany Cloud AI Market, 2019 - 2022, USD Million
TABLE 43 Germany Cloud AI Market, 2023 - 2029, USD Million
TABLE 44 Germany Cloud AI Market by Type, 2019 - 2022, USD Million
TABLE 45 Germany Cloud AI Market by Type, 2023 - 2029, USD Million
TABLE 46 Germany Cloud AI Market by Industry, 2019 - 2022, USD Million
TABLE 47 Germany Cloud AI Market by Industry, 2023 - 2029, USD Million
TABLE 48 Germany Cloud AI Market by Technology, 2019 - 2022, USD Million
TABLE 49 Germany Cloud AI Market by Technology, 2023 - 2029, USD Million
TABLE 50 UK Cloud AI Market, 2019 - 2022, USD Million
TABLE 51 UK Cloud AI Market, 2023 - 2029, USD Million
TABLE 52 UK Cloud AI Market by Type, 2019 - 2022, USD Million
TABLE 53 UK Cloud AI Market by Type, 2023 - 2029, USD Million
TABLE 54 UK Cloud AI Market by Industry, 2019 - 2022, USD Million
TABLE 55 UK Cloud AI Market by Industry, 2023 - 2029, USD Million
TABLE 56 UK Cloud AI Market by Technology, 2019 - 2022, USD Million
TABLE 57 UK Cloud AI Market by Technology, 2023 - 2029, USD Million
TABLE 58 France Cloud AI Market, 2019 - 2022, USD Million
TABLE 59 France Cloud AI Market, 2023 - 2029, USD Million
TABLE 60 France Cloud AI Market by Type, 2019 - 2022, USD Million
TABLE 61 France Cloud AI Market by Type, 2023 - 2029, USD Million
TABLE 62 France Cloud AI Market by Industry, 2019 - 2022, USD Million
TABLE 63 France Cloud AI Market by Industry, 2023 - 2029, USD Million
TABLE 64 France Cloud AI Market by Technology, 2019 - 2022, USD Million
TABLE 65 France Cloud AI Market by Technology, 2023 - 2029, USD Million
TABLE 66 Russia Cloud AI Market, 2019 - 2022, USD Million
TABLE 67 Russia Cloud AI Market, 2023 - 2029, USD Million
TABLE 68 Russia Cloud AI Market by Type, 2019 - 2022, USD Million
TABLE 69 Russia Cloud AI Market by Type, 2023 - 2029, USD Million
TABLE 70 Russia Cloud AI Market by Industry, 2019 - 2022, USD Million
TABLE 71 Russia Cloud AI Market by Industry, 2023 - 2029, USD Million
TABLE 72 Russia Cloud AI Market by Technology, 2019 - 2022, USD Million
TABLE 73 Russia Cloud AI Market by Technology, 2023 - 2029, USD Million
TABLE 74 Spain Cloud AI Market, 2019 - 2022, USD Million
TABLE 75 Spain Cloud AI Market, 2023 - 2029, USD Million
TABLE 76 Spain Cloud AI Market by Type, 2019 - 2022, USD Million
TABLE 77 Spain Cloud AI Market by Type, 2023 - 2029, USD Million
TABLE 78 Spain Cloud AI Market by Industry, 2019 - 2022, USD Million
TABLE 79 Spain Cloud AI Market by Industry, 2023 - 2029, USD Million
TABLE 80 Spain Cloud AI Market by Technology, 2019 - 2022, USD Million
TABLE 81 Spain Cloud AI Market by Technology, 2023 - 2029, USD Million
TABLE 82 Italy Cloud AI Market, 2019 - 2022, USD Million
TABLE 83 Italy Cloud AI Market, 2023 - 2029, USD Million
TABLE 84 Italy Cloud AI Market by Type, 2019 - 2022, USD Million
TABLE 85 Italy Cloud AI Market by Type, 2023 - 2029, USD Million
TABLE 86 Italy Cloud AI Market by Industry, 2019 - 2022, USD Million
TABLE 87 Italy Cloud AI Market by Industry, 2023 - 2029, USD Million
TABLE 88 Italy Cloud AI Market by Technology, 2019 - 2022, USD Million
TABLE 89 Italy Cloud AI Market by Technology, 2023 - 2029, USD Million
TABLE 90 Rest of Europe Cloud AI Market, 2019 - 2022, USD Million
TABLE 91 Rest of Europe Cloud AI Market, 2023 - 2029, USD Million
TABLE 92 Rest of Europe Cloud AI Market by Type, 2019 - 2022, USD Million
TABLE 93 Rest of Europe Cloud AI Market by Type, 2023 - 2029, USD Million
TABLE 94 Rest of Europe Cloud AI Market by Industry, 2019 - 2022, USD Million
TABLE 95 Rest of Europe Cloud AI Market by Industry, 2023 - 2029, USD Million
TABLE 96 Rest of Europe Cloud AI Market by Technology, 2019 - 2022, USD Million
TABLE 97 Rest of Europe Cloud AI Market by Technology, 2023 - 2029, USD Million
TABLE 98 Key Information – Apple, Inc.
TABLE 99 Key Information – Google LLC
TABLE 100 Key information – IBM Corporation
TABLE 101 Key Information – Intel Corporation
TABLE 102 key information – Microsoft Corporation
TABLE 103 Key Information – Oracle Corporation
TABLE 104 Key Information – MicroStrategy, Inc.
TABLE 105 Key Information – NVIDIA Corporation
TABLE 106 Key Information – Salesforce, Inc.
TABLE 107 key information – QlikTech International AB
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 and Agreements: 2018, Jul – 2023, Mar) Leading Players
FIG 6 SWOT Analysis: apple, Inc.
FIG 7 Recent strategies and developments: Google, LLC
FIG 8 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 9 Recent strategies and developments: IBM Corporation
FIG 10 Swot analysis: IBM Corporation
FIG 11 Recent strategies and developments: Intel Corporation
FIG 12 SWOT analysis: Intel corporation
FIG 13 Recent strategies and developments: Microsoft Corporation
FIG 14 SWOT Analysis: Microsoft Corporation
FIG 15 Recent strategies and developments: Oracle Corporation
FIG 16 SWOT analysis: Oracle Corporation
FIG 17 Recent strategies and developments: NVIDIA Corporation
FIG 18 SWOT Analysis: NVIDIA Corporation
FIG 19 SWOT Analysis: Salesforce.com, Inc.