The Europe Composable Applications Market would witness market growth of 17.0% CAGR during the forecast period (2023-2029).
The potential to increase developer productivity is one of the main advantages of composable applications in digital transformation. Without even considering data silos, new apps can be quickly incorporated into technology stacks. Automation, skill, ease of use, and agility are just a few advantages composable applications offer. Businesses that use composable infrastructure can quickly develop innovative apps that support various business objectives. These applications receive significant investment from companies to improve focus and establish purpose.
Across the organization, fusion teams with the same corporate objectives are being formed to advance internal innovation and transformation goals. This is expected to help the market to develop. Using composable applications enables businesses to quickly create new or altered applications with the required capabilities. Since applications are represented as building blocks, the development team can reuse the components in other applications in addition to quickly repurposing and rearranging common components to build new apps into bundle business capabilities.
API strategy 2.0 is currently on banks' minds seeking a change and tech-savvy institutions. API strategy 2.0 scales from 10–100 public APIs to thousands of pre–assembled building components by being uniform and consistent. Large banks are also growing this assortment of APIs and services in a manner that will best utilize hard-to-find personnel to increase the utilization of APIs and services inside digital teams and showcase existing capabilities. Due to the trend toward digital banking and the adoption of API strategy 2.0, the market in Europe is projected to grow quickly.
The Germany market dominated the Europe Composable Applications Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $856.8 million by 2029. The UK market is anticipated to grow at a CAGR of 16% during (2023 - 2029). Additionally, The France market would showcase a CAGR of 17.8% during (2023 - 2029).
Based on Offering, the market is segmented into Platform and Services. Based on Vertical, the market is segmented into BFSI, IT & ITeS, Retail & Ecommerce, Manufacturing, Healthcare & Lifesciences, Government, Energy & Utilities 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 Composable Applications Market is Projected to reach USD 13.1 Billion by 2029, at a CAGR of 17.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Salesforce, Inc., Informatica, LLC, Software AG, Nutanix, Inc., Juniper Networks, Inc., Lenovo Group Limited, Western Digital Corporation, Hewlett-Packard Enterprise Company, NetApp, Inc. and Dell Technologies, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Offering
By Vertical
- BFSI
- IT & ITeS
- Retail & Ecommerce
- Manufacturing
- Healthcare & Lifesciences
- Government
- Energy & Utilities
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Salesforce, Inc.
- Informatica, LLC
- Software AG
- Nutanix, Inc.
- Juniper Networks, Inc.
- Lenovo Group Limited
- Western Digital Corporation
- Hewlett-Packard Enterprise Company
- NetApp, Inc.
- Dell Technologies, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Composable Applications Market, by Offering
1.4.2 Europe Composable Applications Market, by Vertical
1.4.3 Europe Composable Applications 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. Europe Composable Applications Market by Offering
3.1 Europe Platform Market by Country
3.2 Europe Services Market by Country
Chapter 4. Europe Composable Applications Market by Vertical
4.1 Europe BFSI Market by Country
4.2 Europe IT & ITeS Market by Country
4.3 Europe Retail & Ecommerce Market by Country
4.4 Europe Manufacturing Market by Country
4.5 Europe Healthcare & Lifesciences Market by Country
4.6 Europe Government Market by Country
4.7 Europe Energy & Utilities Market by Country
4.8 Europe Others Market by Country
Chapter 5. Europe Composable Applications Market by Country
5.1 Germany Composable Applications Market
5.1.1 Germany Composable Applications Market by Offering
5.1.2 Germany Composable Applications Market by Vertical
5.2 UK Composable Applications Market
5.2.1 UK Composable Applications Market by Offering
5.2.2 UK Composable Applications Market by Vertical
5.3 France Composable Applications Market
5.3.1 France Composable Applications Market by Offering
5.3.2 France Composable Applications Market by Vertical
5.4 Russia Composable Applications Market
5.4.1 Russia Composable Applications Market by Offering
5.4.2 Russia Composable Applications Market by Vertical
5.5 Spain Composable Applications Market
5.5.1 Spain Composable Applications Market by Offering
5.5.2 Spain Composable Applications Market by Vertical
5.6 Italy Composable Applications Market
5.6.1 Italy Composable Applications Market by Offering
5.6.2 Italy Composable Applications Market by Vertical
5.7 Rest of Europe Composable Applications Market
5.7.1 Rest of Europe Composable Applications Market by Offering
5.7.2 Rest of Europe Composable Applications Market by Vertical
Chapter 6. Company Profiles
6.1 Salesforce, Inc.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Regional Analysis
6.1.4 Research & Development Expense
6.1.5 Recent strategies and developments:
6.1.5.1 Product Launches and Product Expansions:
6.1.5.2 Acquisition and Mergers:
6.1.6 SWOT Analysis
6.2 Dell Technologies, Inc.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expense
6.2.5 Recent strategies and developments:
6.2.5.1 Partnerships, Collaborations, and Agreements:
6.2.6 SWOT Analysis:
6.3 NetApp, Inc.
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Regional Analysis
6.3.4 Research & Development Expense
6.3.5 SWOT Analysis
6.4 Hewlett Packard Enterprise Company
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expense
6.4.5 SWOT Analysis
6.5 Western Digital Corporation
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expenses
6.5.5 Recent strategies and developments:
6.5.5.1 Partnerships, Collaborations, and Agreements:
6.5.5.2 Product Launches and Product Expansions:
6.6 Software AG
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expense
6.7 Nutanix, Inc.
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Regional Analysis
6.7.4 Research & Development Expenses
6.8 Lenovo Group Limited
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expense
6.9 Juniper Networks, Inc.
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Regional Analysis
6.9.4 Research & Development Expenses
6.10. Informatica, LLC
6.10.1 Company Overview
6.10.2 Financial Analysis
6.10.3 Regional Analysis
6.10.4 Research & Development Expenses
TABLE 1 Europe Composable Applications Market, 2019 - 2022, USD Million
TABLE 2 Europe Composable Applications Market, 2023 - 2029, USD Million
TABLE 3 Europe Composable Applications Market by Offering, 2019 - 2022, USD Million
TABLE 4 Europe Composable Applications Market by Offering, 2023 - 2029, USD Million
TABLE 5 Europe Platform Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Platform Market by Country, 2023 - 2029, USD Million
TABLE 7 Europe Services Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Services Market by Country, 2023 - 2029, USD Million
TABLE 9 Europe Composable Applications Market by Vertical, 2019 - 2022, USD Million
TABLE 10 Europe Composable Applications Market by Vertical, 2023 - 2029, USD Million
TABLE 11 Europe BFSI Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe BFSI Market by Country, 2023 - 2029, USD Million
TABLE 13 Europe IT & ITeS Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe IT & ITeS Market by Country, 2023 - 2029, USD Million
TABLE 15 Europe Retail & Ecommerce Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Retail & Ecommerce Market by Country, 2023 - 2029, USD Million
TABLE 17 Europe Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Manufacturing Market by Country, 2023 - 2029, USD Million
TABLE 19 Europe Healthcare & Lifesciences Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Healthcare & Lifesciences Market by Country, 2023 - 2029, USD Million
TABLE 21 Europe Government Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Government Market by Country, 2023 - 2029, USD Million
TABLE 23 Europe Energy & Utilities Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Energy & Utilities Market by Country, 2023 - 2029, USD Million
TABLE 25 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Others Market by Country, 2023 - 2029, USD Million
TABLE 27 Europe Composable Applications Market by Country, 2019 - 2022, USD Million
TABLE 28 Europe Composable Applications Market by Country, 2023 - 2029, USD Million
TABLE 29 Germany Composable Applications Market, 2019 - 2022, USD Million
TABLE 30 Germany Composable Applications Market, 2023 - 2029, USD Million
TABLE 31 Germany Composable Applications Market by Offering, 2019 - 2022, USD Million
TABLE 32 Germany Composable Applications Market by Offering, 2023 - 2029, USD Million
TABLE 33 Germany Composable Applications Market by Vertical, 2019 - 2022, USD Million
TABLE 34 Germany Composable Applications Market by Vertical, 2023 - 2029, USD Million
TABLE 35 UK Composable Applications Market, 2019 - 2022, USD Million
TABLE 36 UK Composable Applications Market, 2023 - 2029, USD Million
TABLE 37 UK Composable Applications Market by Offering, 2019 - 2022, USD Million
TABLE 38 UK Composable Applications Market by Offering, 2023 - 2029, USD Million
TABLE 39 UK Composable Applications Market by Vertical, 2019 - 2022, USD Million
TABLE 40 UK Composable Applications Market by Vertical, 2023 - 2029, USD Million
TABLE 41 France Composable Applications Market, 2019 - 2022, USD Million
TABLE 42 France Composable Applications Market, 2023 - 2029, USD Million
TABLE 43 France Composable Applications Market by Offering, 2019 - 2022, USD Million
TABLE 44 France Composable Applications Market by Offering, 2023 - 2029, USD Million
TABLE 45 France Composable Applications Market by Vertical, 2019 - 2022, USD Million
TABLE 46 France Composable Applications Market by Vertical, 2023 - 2029, USD Million
TABLE 47 Russia Composable Applications Market, 2019 - 2022, USD Million
TABLE 48 Russia Composable Applications Market, 2023 - 2029, USD Million
TABLE 49 Russia Composable Applications Market by Offering, 2019 - 2022, USD Million
TABLE 50 Russia Composable Applications Market by Offering, 2023 - 2029, USD Million
TABLE 51 Russia Composable Applications Market by Vertical, 2019 - 2022, USD Million
TABLE 52 Russia Composable Applications Market by Vertical, 2023 - 2029, USD Million
TABLE 53 Spain Composable Applications Market, 2019 - 2022, USD Million
TABLE 54 Spain Composable Applications Market, 2023 - 2029, USD Million
TABLE 55 Spain Composable Applications Market by Offering, 2019 - 2022, USD Million
TABLE 56 Spain Composable Applications Market by Offering, 2023 - 2029, USD Million
TABLE 57 Spain Composable Applications Market by Vertical, 2019 - 2022, USD Million
TABLE 58 Spain Composable Applications Market by Vertical, 2023 - 2029, USD Million
TABLE 59 Italy Composable Applications Market, 2019 - 2022, USD Million
TABLE 60 Italy Composable Applications Market, 2023 - 2029, USD Million
TABLE 61 Italy Composable Applications Market by Offering, 2019 - 2022, USD Million
TABLE 62 Italy Composable Applications Market by Offering, 2023 - 2029, USD Million
TABLE 63 Italy Composable Applications Market by Vertical, 2019 - 2022, USD Million
TABLE 64 Italy Composable Applications Market by Vertical, 2023 - 2029, USD Million
TABLE 65 Rest of Europe Composable Applications Market, 2019 - 2022, USD Million
TABLE 66 Rest of Europe Composable Applications Market, 2023 - 2029, USD Million
TABLE 67 Rest of Europe Composable Applications Market by Offering, 2019 - 2022, USD Million
TABLE 68 Rest of Europe Composable Applications Market by Offering, 2023 - 2029, USD Million
TABLE 69 Rest of Europe Composable Applications Market by Vertical, 2019 - 2022, USD Million
TABLE 70 Rest of Europe Composable Applications Market by Vertical, 2023 - 2029, USD Million
TABLE 71 Key Information – Salesforce, Inc.
TABLE 72 Key Information – Dell Technologies, Inc.
TABLE 73 Key Information – NetApp, Inc.
TABLE 74 key information – Hewlett Packard Enterprise Company
TABLE 75 Key Information – Western Digital Corporation
TABLE 76 key information – Software AG
TABLE 77 Key Information – Nutanix, Inc.
TABLE 78 Key Information – Lenovo Group Limited
TABLE 79 Key Information – Juniper Networks, Inc.
TABLE 80 key information – Informatica, LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Composable Applications Market Share by Offering, 2022
FIG 3 Europe Composable Applications Market Share by Offering, 2029
FIG 4 Europe Composable Applications Market by Offering, 2019 - 2029, USD Million
FIG 5 Europe Composable Applications Market Share by Vertical, 2022
FIG 6 Europe Composable Applications Market Share by Vertical, 2029
FIG 7 Europe Composable Applications Market by Vertical, 2019 - 2029, USD Million
FIG 8 Europe Composable Applications Market Share by Country, 2022
FIG 9 Europe Composable Applications Market Share by Country, 2029
FIG 10 Europe Composable Applications Market by Country, 2019 - 2029, USD Million
FIG 11 SWOT Analysis: Salesforce.com, Inc.
FIG 12 SWOT Analysis: Dell Technologies, Inc.
FIG 13 SWOT Analysis: NetApp, INC.
FIG 14 SWOT analysis: Hewlett-Packard enterprise Company