Europe Data Analytics Outsourcing Market Size, Share & Trends Analysis Report By Industry (BFSI, IT & Telecom, Manufacturing, Healthcare, Retail & E-commerce, and Others), By Application, By Country and Growth Forecast, 2024 - 2031

The Europe Data Analytics Outsourcing Market would witness market growth of 34.7% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Data Analytics Outsourcing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $7,896.6 million by 2031. The UK market is exhibiting a CAGR of 33.6% during (2024 - 2031). Additionally, The France market would experience a CAGR of 36.2% during (2024 - 2031).

Utilities and large organizations use outsourced analytics to monitor and optimize energy consumption. They can implement energy-saving measures and reduce costs by analyzing usage patterns, weather data, and operational variables. Insurance companies leverage outsourced analytics to build complex risk models that assess policyholder risks based on historical claims data, demographic information, and external factors.

Additionally, in agriculture, outsourced analytics can predict crop yields by analyzing weather data, soil conditions, and historical crop performance. This application helps farmers optimize planting strategies, manage resources, and improve agricultural productivity.

European businesses rapidly adopt advanced analytics tools as part of their digital transformation strategies. This trend drives the demand for data analytics outsourcing services to support integrating and utilizing complex analytics technologies, such as AI and ML. As per Eurostat, large businesses had a bigger share of the very high (26%) and high digital intensity (42%). In 2023, 45% of businesses in the EU bought cloud computing services. Cloud solutions are more prevalent among large businesses than small and medium-sized enterprises. In 2023, 78% of large businesses bought cloud services, while 44% of SMEs did. The emphasis on digital transformation in Europe is leading organizations to rely more on data-driven decision-making.

Free Valuable Insights: The Global Data Analytics Outsourcing Market will Hit USD 125.5 Billion by 2031, at a CAGR of 35%

Based on Industry, the market is segmented into BFSI, IT & Telecom, Manufacturing, Healthcare, Retail & E-commerce, and Others. Based on Application, the market is segmented into Marketing Analytics, Financial Analytics, HR Analytics, Supply Chain Analytics, Sales Analytics, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

• Accenture PLC
• IBM Corporation
• Infosys Limited
• Wipro Limited
• Capgemini SE
• Deloitte Touche Tohmatsu Limited
• Pricewaterhousecoopers LLP (PwC)
• Cognizant Technology Solutions Corporation
• Genpact Limited
• ZS Associates

Europe Data Analytics Outsourcing Market Report Segmentation

By Industry

• BFSI
• IT & Telecom
• Manufacturing
• Healthcare
• Retail & E-commerce
• Others

By Application

• Marketing Analytics
• Financial Analytics
• HR Analytics
• Supply Chain Analytics
• Sales Analytics
• Others

By Country

• 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 Data Analytics Outsourcing Market, by Industry
1.4.2 Europe Data Analytics Outsourcing Market, by Application
1.4.3 Europe Data Analytics Outsourcing 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 Market Share Analysis, 2023
4.2 Porter Five Forces Analysis

Chapter 5. Europe Data Analytics Outsourcing Market by Industry
5.1 Europe BFSI Market by Country
5.2 Europe IT & Telecom Market by Country
5.3 Europe Manufacturing Market by Country
5.4 Europe Healthcare Market by Country
5.5 Europe Retail & E-commerce Market by Country
5.6 Europe Others Market by Country

Chapter 6. Europe Data Analytics Outsourcing Market by Application
6.1 Europe Marketing Analytics Market by Country
6.2 Europe Financial Analytics Market by Country
6.3 Europe HR Analytics Market by Country
6.4 Europe Supply Chain Analytics Market by Country
6.5 Europe Sales Analytics Market by Country
6.6 Europe Others Market by Country

Chapter 7. Europe Data Analytics Outsourcing Market by Country
7.1 Germany Data Analytics Outsourcing Market
7.1.1 Germany Data Analytics Outsourcing Market by Industry
7.1.2 Germany Data Analytics Outsourcing Market by Application
7.2 UK Data Analytics Outsourcing Market
7.2.1 UK Data Analytics Outsourcing Market by Industry
7.2.2 UK Data Analytics Outsourcing Market by Application
7.3 France Data Analytics Outsourcing Market
7.3.1 France Data Analytics Outsourcing Market by Industry
7.3.2 France Data Analytics Outsourcing Market by Application
7.4 Russia Data Analytics Outsourcing Market
7.4.1 Russia Data Analytics Outsourcing Market by Industry
7.4.2 Russia Data Analytics Outsourcing Market by Application
7.5 Spain Data Analytics Outsourcing Market
7.5.1 Spain Data Analytics Outsourcing Market by Industry
7.5.2 Spain Data Analytics Outsourcing Market by Application
7.6 Italy Data Analytics Outsourcing Market
7.6.1 Italy Data Analytics Outsourcing Market by Industry
7.6.2 Italy Data Analytics Outsourcing Market by Application
7.7 Rest of Europe Data Analytics Outsourcing Market
7.7.1 Rest of Europe Data Analytics Outsourcing Market by Industry
7.7.2 Rest of Europe Data Analytics Outsourcing Market by Application

Chapter 8. Company Profiles
8.1 Genpact Limited
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.2 ZS Associates
8.2.1 Company Overview
8.3 Accenture PLC
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 Deloitte Touche Tohmatsu Limited
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 SWOT Analysis
8.5 Pricewaterhousecoopers LLP (PwC)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 SWOT Analysis
8.6 IBM Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional & Segmental Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.6 SWOT Analysis
8.7 Infosys Limited
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.6 SWOT Analysis
8.8 Wipro Limited
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 SWOT Analysis
8.9 Capgemini SE
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional Analysis
8.9.4 Recent strategies and developments:
8.9.4.1 Acquisition and Mergers:
8.9.5 SWOT Analysis
8.10. Cognizant Technology Solutions Corporation
8.10.1 Company overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 SWOT Analysis

TABLE 1 Europe Data Analytics Outsourcing Market, 2020 - 2023, USD Million
TABLE 2 Europe Data Analytics Outsourcing Market, 2024 - 2031, USD Million
TABLE 3 Europe Data Analytics Outsourcing Market by Industry, 2020 - 2023, USD Million
TABLE 4 Europe Data Analytics Outsourcing Market by Industry, 2024 - 2031, USD Million
TABLE 5 Europe BFSI Market by Country, 2020 - 2023, USD Million
TABLE 6 Europe BFSI Market by Country, 2024 - 2031, USD Million
TABLE 7 Europe IT & Telecom Market by Country, 2020 - 2023, USD Million
TABLE 8 Europe IT & Telecom Market by Country, 2024 - 2031, USD Million
TABLE 9 Europe Manufacturing Market by Country, 2020 - 2023, USD Million
TABLE 10 Europe Manufacturing Market by Country, 2024 - 2031, USD Million
TABLE 11 Europe Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 12 Europe Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 13 Europe Retail & E-commerce Market by Country, 2020 - 2023, USD Million
TABLE 14 Europe Retail & E-commerce Market by Country, 2024 - 2031, USD Million
TABLE 15 Europe Others Market by Country, 2020 - 2023, USD Million
TABLE 16 Europe Others Market by Country, 2024 - 2031, USD Million
TABLE 17 Europe Data Analytics Outsourcing Market by Application, 2020 - 2023, USD Million
TABLE 18 Europe Data Analytics Outsourcing Market by Application, 2024 - 2031, USD Million
TABLE 19 Europe Marketing Analytics Market by Country, 2020 - 2023, USD Million
TABLE 20 Europe Marketing Analytics Market by Country, 2024 - 2031, USD Million
TABLE 21 Europe Financial Analytics Market by Country, 2020 - 2023, USD Million
TABLE 22 Europe Financial Analytics Market by Country, 2024 - 2031, USD Million
TABLE 23 Europe HR Analytics Market by Country, 2020 - 2023, USD Million
TABLE 24 Europe HR Analytics Market by Country, 2024 - 2031, USD Million
TABLE 25 Europe Supply Chain Analytics Market by Country, 2020 - 2023, USD Million
TABLE 26 Europe Supply Chain Analytics Market by Country, 2024 - 2031, USD Million
TABLE 27 Europe Sales Analytics Market by Country, 2020 - 2023, USD Million
TABLE 28 Europe Sales Analytics Market by Country, 2024 - 2031, USD Million
TABLE 29 Europe Others Market by Country, 2020 - 2023, USD Million
TABLE 30 Europe Others Market by Country, 2024 - 2031, USD Million
TABLE 31 Europe Data Analytics Outsourcing Market by Country, 2020 - 2023, USD Million
TABLE 32 Europe Data Analytics Outsourcing Market by Country, 2024 - 2031, USD Million
TABLE 33 Germany Data Analytics Outsourcing Market, 2020 - 2023, USD Million
TABLE 34 Germany Data Analytics Outsourcing Market, 2024 - 2031, USD Million
TABLE 35 Germany Data Analytics Outsourcing Market by Industry, 2020 - 2023, USD Million
TABLE 36 Germany Data Analytics Outsourcing Market by Industry, 2024 - 2031, USD Million
TABLE 37 Germany Data Analytics Outsourcing Market by Application, 2020 - 2023, USD Million
TABLE 38 Germany Data Analytics Outsourcing Market by Application, 2024 - 2031, USD Million
TABLE 39 UK Data Analytics Outsourcing Market, 2020 - 2023, USD Million
TABLE 40 UK Data Analytics Outsourcing Market, 2024 - 2031, USD Million
TABLE 41 UK Data Analytics Outsourcing Market by Industry, 2020 - 2023, USD Million
TABLE 42 UK Data Analytics Outsourcing Market by Industry, 2024 - 2031, USD Million
TABLE 43 UK Data Analytics Outsourcing Market by Application, 2020 - 2023, USD Million
TABLE 44 UK Data Analytics Outsourcing Market by Application, 2024 - 2031, USD Million
TABLE 45 France Data Analytics Outsourcing Market, 2020 - 2023, USD Million
TABLE 46 France Data Analytics Outsourcing Market, 2024 - 2031, USD Million
TABLE 47 France Data Analytics Outsourcing Market by Industry, 2020 - 2023, USD Million
TABLE 48 France Data Analytics Outsourcing Market by Industry, 2024 - 2031, USD Million
TABLE 49 France Data Analytics Outsourcing Market by Application, 2020 - 2023, USD Million
TABLE 50 France Data Analytics Outsourcing Market by Application, 2024 - 2031, USD Million
TABLE 51 Russia Data Analytics Outsourcing Market, 2020 - 2023, USD Million
TABLE 52 Russia Data Analytics Outsourcing Market, 2024 - 2031, USD Million
TABLE 53 Russia Data Analytics Outsourcing Market by Industry, 2020 - 2023, USD Million
TABLE 54 Russia Data Analytics Outsourcing Market by Industry, 2024 - 2031, USD Million
TABLE 55 Russia Data Analytics Outsourcing Market by Application, 2020 - 2023, USD Million
TABLE 56 Russia Data Analytics Outsourcing Market by Application, 2024 - 2031, USD Million
TABLE 57 Spain Data Analytics Outsourcing Market, 2020 - 2023, USD Million
TABLE 58 Spain Data Analytics Outsourcing Market, 2024 - 2031, USD Million
TABLE 59 Spain Data Analytics Outsourcing Market by Industry, 2020 - 2023, USD Million
TABLE 60 Spain Data Analytics Outsourcing Market by Industry, 2024 - 2031, USD Million
TABLE 61 Spain Data Analytics Outsourcing Market by Application, 2020 - 2023, USD Million
TABLE 62 Spain Data Analytics Outsourcing Market by Application, 2024 - 2031, USD Million
TABLE 63 Italy Data Analytics Outsourcing Market, 2020 - 2023, USD Million
TABLE 64 Italy Data Analytics Outsourcing Market, 2024 - 2031, USD Million
TABLE 65 Italy Data Analytics Outsourcing Market by Industry, 2020 - 2023, USD Million
TABLE 66 Italy Data Analytics Outsourcing Market by Industry, 2024 - 2031, USD Million
TABLE 67 Italy Data Analytics Outsourcing Market by Application, 2020 - 2023, USD Million
TABLE 68 Italy Data Analytics Outsourcing Market by Application, 2024 - 2031, USD Million
TABLE 69 Rest of Europe Data Analytics Outsourcing Market, 2020 - 2023, USD Million
TABLE 70 Rest of Europe Data Analytics Outsourcing Market, 2024 - 2031, USD Million
TABLE 71 Rest of Europe Data Analytics Outsourcing Market by Industry, 2020 - 2023, USD Million
TABLE 72 Rest of Europe Data Analytics Outsourcing Market by Industry, 2024 - 2031, USD Million
TABLE 73 Rest of Europe Data Analytics Outsourcing Market by Application, 2020 - 2023, USD Million
TABLE 74 Rest of Europe Data Analytics Outsourcing Market by Application, 2024 - 2031, USD Million
TABLE 75 Key Information – Genpact Limited
TABLE 76 Key Information – ZS Associates
TABLE 77 Key Information – Accenture PLC
TABLE 78 Key Information – Deloitte Touche Tohmatsu Limited
TABLE 79 Key Information – Pricewaterhousecoopers LLP
TABLE 80 Key Information – IBM Corporation
TABLE 81 Key Information – Infosys Limited
TABLE 82 Key Information – Wipro Limited
TABLE 83 Key Information – Capgemini SE
TABLE 84 Key Information – Cognizant Technology Solutions Corporation

List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Data Analytics Outsourcing Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Data Analytics Outsourcing Market
FIG 4 Market Share Analysis, 2023
FIG 5 Porter’s Five Forces Analysis – Data Analytics Outsourcing Market
FIG 6 Europe Data Analytics Outsourcing Market share by Industry, 2023
FIG 7 Europe Data Analytics Outsourcing Market share by Industry, 2031
FIG 8 Europe Data Analytics Outsourcing Market by Industry, 2020 - 2031, USD Million
FIG 9 Europe Data Analytics Outsourcing Market share by Application, 2023
FIG 10 Europe Data Analytics Outsourcing Market share by Application, 2031
FIG 11 Europe Data Analytics Outsourcing Market by Application, 2020 - 2031, USD Million
FIG 12 Europe Data Analytics Outsourcing Market share by Country, 2023
FIG 13 Europe Data Analytics Outsourcing Market share by Country, 2031
FIG 14 Europe Data Analytics Outsourcing Market by Country, 2020 - 2031, USD Million
FIG 15 SWOT Analysis: Accenture PLC
FIG 16 SWOT Analysis: Deloitte Touche Tohmatsu Limited
FIG 17 SWOT Analysis: Pricewaterhousecoopers LLP (PwC)
FIG 18 SWOT Analysis: IBM Corporation
FIG 19 SWOT Analysis: Infosys Limited
FIG 20 SWOT Analysis: Wipro Limited
FIG 21 SWOT Analysis: Capgemini SE
FIG 22 Swot analysis: cognizant technology solutions corporation