The Europe Enterprise Artificial Intelligence Market would witness market growth of 30.3% CAGR during the forecast period (2022-2028).
The main causes propelling the demand for artificial intelligence in organizations include the growing application of AI to improve customer happiness, offer better organization management, and organize data sets. To meet the rising need for AI in the industry, a number of AI service providers are innovating and producing new products & services in partnership with numerous government institutes including research & development departments.
For example, in May 2022, IBM Corporation established a strategic partnership with first artificial intelligence research institution, the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), situated in Abu Dhabi, United Arab Emirates (UAE). The partnership is focused on advancing fundamental AI research as well as speeding up other types of scientific discoveries that would increase AI's capacity to assist in problem-solving in the future.
Popular themes like the industrial revolution and industrial automation are to blame for the rising demand in the European region. With advances in machine learning, the regional businesses have been recognized to invest in a range of automation technologies, including artificial intelligence, robotics, etc. The development of cognitive computing is anticipated to make it possible for regional businesses to replicate human abilities such as sensory perception, thinking, learning, and decision-making.
The Germany market dominated the Europe Enterprise Artificial Intelligence Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,343.3 million by 2028. The UK market is anticipated to grow at a CAGR of 29.2% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 31.3% during (2022 - 2028).
Based on Vertical, the market is segmented into IT & Telecom, BFSI, Automotive & Transportation, Retail, Media & Advertising, Healthcare & Life Sciences, and Others. Based on Deployment Type, the market is segmented into Cloud and On-premise. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Technology, the market is segmented into Natural Language Processing (NLP), Machine Learning, Computer Vision, Speech Recognition, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Enterprise Artificial Intelligence Market will Hit $67.2 Billion by 2028, at a CAGR of 30.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Google LLC, Amazon Web Services, Inc., IBM Corporation, Apple, Inc., SAP SE, Wipro Limited., MicroStrategy, Inc., NVIDIA Corporation, Verint Systems, Inc., and IPsoft, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Vertical
- IT & Telecom
- BFSI
- Automotive & Transportation
- Retail
- Media & Advertising
- Healthcare & Life Sciences
- Others
By Deployment Type
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Technology
- Natural Language Processing (NLP)
- Machine Learning
- Computer Vision
- Speech Recognition
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Google LLC
- Amazon Web Services, Inc.
- IBM Corporation
- Apple, Inc.
- SAP SE
- Wipro Limited.
- MicroStrategy, Inc.
- NVIDIA Corporation
- Verint Systems, Inc.
- IPsoft, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Enterprise Artificial Intelligence Market, by Vertical
1.4.2 Europe Enterprise Artificial Intelligence Market, by Deployment Type
1.4.3 Europe Enterprise Artificial Intelligence Market, by Organization Size
1.4.4 Europe Enterprise Artificial Intelligence Market, by Technology
1.4.5 Europe Enterprise Artificial Intelligence 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 (2018-2022)
3.4.2 Key Strategic Move: (Acquisition and Mergers: 2020, Dec – 2022, Jul) Leading Players
Chapter 4. Europe Enterprise Artificial Intelligence Market by Vertical
4.1 Europe IT & Telecom Market by Country
4.2 Europe BFSI Market by Country
4.3 Europe Automotive & Transportation Market by Country
4.4 Europe Retail Market by Country
4.5 Europe Media & Advertising Market by Country
4.6 Europe Healthcare & Life Sciences Market by Country
4.7 Europe Other Vertical Market by Country
Chapter 5. Europe Enterprise Artificial Intelligence Market by Deployment Type
5.1 Europe Cloud Market by Country
5.2 Europe On-premise Market by Country
Chapter 6. Europe Enterprise Artificial Intelligence Market by Organization Size
6.1 Europe Large Enterprises Market by Country
6.2 Europe Small & Medium Enterprises Market by Country
Chapter 7. Europe Enterprise Artificial Intelligence Market by Technology
7.1 Europe Natural Language Processing (NLP) Market by Country
7.2 Europe Machine Learning Market by Country
7.3 Europe Computer Vision Market by Country
7.4 Europe Speech Recognition Market by Country
7.5 Europe Others Market by Country
Chapter 8. Europe Enterprise Artificial Intelligence Market by Country
8.1 Germany Enterprise Artificial Intelligence Market
8.1.1 Germany Enterprise Artificial Intelligence Market by Vertical
8.1.2 Germany Enterprise Artificial Intelligence Market by Deployment Type
8.1.3 Germany Enterprise Artificial Intelligence Market by Organization Size
8.1.4 Germany Enterprise Artificial Intelligence Market by Technology
8.2 UK Enterprise Artificial Intelligence Market
8.2.1 UK Enterprise Artificial Intelligence Market by Vertical
8.2.2 UK Enterprise Artificial Intelligence Market by Deployment Type
8.2.3 UK Enterprise Artificial Intelligence Market by Organization Size
8.2.4 UK Enterprise Artificial Intelligence Market by Technology
8.3 France Enterprise Artificial Intelligence Market
8.3.1 France Enterprise Artificial Intelligence Market by Vertical
8.3.2 France Enterprise Artificial Intelligence Market by Deployment Type
8.3.3 France Enterprise Artificial Intelligence Market by Organization Size
8.3.4 France Enterprise Artificial Intelligence Market by Technology
8.4 Russia Enterprise Artificial Intelligence Market
8.4.1 Russia Enterprise Artificial Intelligence Market by Vertical
8.4.2 Russia Enterprise Artificial Intelligence Market by Deployment Type
8.4.3 Russia Enterprise Artificial Intelligence Market by Organization Size
8.4.4 Russia Enterprise Artificial Intelligence Market by Technology
8.5 Spain Enterprise Artificial Intelligence Market
8.5.1 Spain Enterprise Artificial Intelligence Market by Vertical
8.5.2 Spain Enterprise Artificial Intelligence Market by Deployment Type
8.5.3 Spain Enterprise Artificial Intelligence Market by Organization Size
8.5.4 Spain Enterprise Artificial Intelligence Market by Technology
8.6 Italy Enterprise Artificial Intelligence Market
8.6.1 Italy Enterprise Artificial Intelligence Market by Vertical
8.6.2 Italy Enterprise Artificial Intelligence Market by Deployment Type
8.6.3 Italy Enterprise Artificial Intelligence Market by Organization Size
8.6.4 Italy Enterprise Artificial Intelligence Market by Technology
8.7 Rest of Europe Enterprise Artificial Intelligence Market
8.7.1 Rest of Europe Enterprise Artificial Intelligence Market by Vertical
8.7.2 Rest of Europe Enterprise Artificial Intelligence Market by Deployment Type
8.7.3 Rest of Europe Enterprise Artificial Intelligence Market by Organization Size
8.7.4 Rest of Europe Enterprise Artificial Intelligence Market by Technology
Chapter 9. Company Profiles
9.1 Google LLC
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Amazon Web Services, Inc. (Amazon.com, Inc.)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental Analysis
9.2.4 Recent strategies and developments:
9.2.4.1 Partnerships, Collaborations, and Agreements:
9.2.4.2 Product Launches and Product Expansions:
9.2.5 SWOT Analysis
9.3 IBM Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional & Segmental Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Apple, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 SAP SE
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Acquisition and Mergers:
9.5.6 SWOT Analysis
9.6 Wipro Limited
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional 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 Acquisition and Mergers:
9.7 MicroStrategy, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.8 NVIDIA Corporation
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 Product Launches and Product Expansions:
9.8.6 SWOT Analysis
9.9 Verint Systems, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research and Development Expense
9.10. IPsoft, Inc.
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Product Launches and Product Expansions:
TABLE 1 Europe Enterprise Artificial Intelligence Market, 2018 - 2021, USD Million
TABLE 2 Europe Enterprise Artificial Intelligence Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Enterprise Artificial Intelligence Market
TABLE 4 Product Launches And Product Expansions– Enterprise Artificial Intelligence Market
TABLE 5 Acquisition and Mergers– Enterprise Artificial Intelligence Market
TABLE 6 Europe Enterprise Artificial Intelligence Market by Vertical, 2018 - 2021, USD Million
TABLE 7 Europe Enterprise Artificial Intelligence Market by Vertical, 2022 - 2028, USD Million
TABLE 8 Europe IT & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 9 Europe IT & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 10 Europe BFSI Market by Country, 2018 - 2021, USD Million
TABLE 11 Europe BFSI Market by Country, 2022 - 2028, USD Million
TABLE 12 Europe Automotive & Transportation Market by Country, 2018 - 2021, USD Million
TABLE 13 Europe Automotive & Transportation Market by Country, 2022 - 2028, USD Million
TABLE 14 Europe Retail Market by Country, 2018 - 2021, USD Million
TABLE 15 Europe Retail Market by Country, 2022 - 2028, USD Million
TABLE 16 Europe Media & Advertising Market by Country, 2018 - 2021, USD Million
TABLE 17 Europe Media & Advertising Market by Country, 2022 - 2028, USD Million
TABLE 18 Europe Healthcare & Life Sciences Market by Country, 2018 - 2021, USD Million
TABLE 19 Europe Healthcare & Life Sciences Market by Country, 2022 - 2028, USD Million
TABLE 20 Europe Other Vertical Market by Country, 2018 - 2021, USD Million
TABLE 21 Europe Other Vertical Market by Country, 2022 - 2028, USD Million
TABLE 22 Europe Enterprise Artificial Intelligence Market by Deployment Type, 2018 - 2021, USD Million
TABLE 23 Europe Enterprise Artificial Intelligence Market by Deployment Type, 2022 - 2028, USD Million
TABLE 24 Europe Cloud Market by Country, 2018 - 2021, USD Million
TABLE 25 Europe Cloud Market by Country, 2022 - 2028, USD Million
TABLE 26 Europe On-premise Market by Country, 2018 - 2021, USD Million
TABLE 27 Europe On-premise Market by Country, 2022 - 2028, USD Million
TABLE 28 Europe Enterprise Artificial Intelligence Market by Organization Size, 2018 - 2021, USD Million
TABLE 29 Europe Enterprise Artificial Intelligence Market by Organization Size, 2022 - 2028, USD Million
TABLE 30 Europe Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 31 Europe Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 32 Europe Small & Medium Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 33 Europe Small & Medium Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 34 Europe Enterprise Artificial Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 35 Europe Enterprise Artificial Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 36 Europe Natural Language Processing (NLP) Market by Country, 2018 - 2021, USD Million
TABLE 37 Europe Natural Language Processing (NLP) Market by Country, 2022 - 2028, USD Million
TABLE 38 Europe Machine Learning Market by Country, 2018 - 2021, USD Million
TABLE 39 Europe Machine Learning Market by Country, 2022 - 2028, USD Million
TABLE 40 Europe Computer Vision Market by Country, 2018 - 2021, USD Million
TABLE 41 Europe Computer Vision Market by Country, 2022 - 2028, USD Million
TABLE 42 Europe Speech Recognition Market by Country, 2018 - 2021, USD Million
TABLE 43 Europe Speech Recognition Market by Country, 2022 - 2028, USD Million
TABLE 44 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 45 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 46 Europe Enterprise Artificial Intelligence Market by Country, 2018 - 2021, USD Million
TABLE 47 Europe Enterprise Artificial Intelligence Market by Country, 2022 - 2028, USD Million
TABLE 48 Germany Enterprise Artificial Intelligence Market, 2018 - 2021, USD Million
TABLE 49 Germany Enterprise Artificial Intelligence Market, 2022 - 2028, USD Million
TABLE 50 Germany Enterprise Artificial Intelligence Market by Vertical, 2018 - 2021, USD Million
TABLE 51 Germany Enterprise Artificial Intelligence Market by Vertical, 2022 - 2028, USD Million
TABLE 52 Germany Enterprise Artificial Intelligence Market by Deployment Type, 2018 - 2021, USD Million
TABLE 53 Germany Enterprise Artificial Intelligence Market by Deployment Type, 2022 - 2028, USD Million
TABLE 54 Germany Enterprise Artificial Intelligence Market by Organization Size, 2018 - 2021, USD Million
TABLE 55 Germany Enterprise Artificial Intelligence Market by Organization Size, 2022 - 2028, USD Million
TABLE 56 Germany Enterprise Artificial Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 57 Germany Enterprise Artificial Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 58 UK Enterprise Artificial Intelligence Market, 2018 - 2021, USD Million
TABLE 59 UK Enterprise Artificial Intelligence Market, 2022 - 2028, USD Million
TABLE 60 UK Enterprise Artificial Intelligence Market by Vertical, 2018 - 2021, USD Million
TABLE 61 UK Enterprise Artificial Intelligence Market by Vertical, 2022 - 2028, USD Million
TABLE 62 UK Enterprise Artificial Intelligence Market by Deployment Type, 2018 - 2021, USD Million
TABLE 63 UK Enterprise Artificial Intelligence Market by Deployment Type, 2022 - 2028, USD Million
TABLE 64 UK Enterprise Artificial Intelligence Market by Organization Size, 2018 - 2021, USD Million
TABLE 65 UK Enterprise Artificial Intelligence Market by Organization Size, 2022 - 2028, USD Million
TABLE 66 UK Enterprise Artificial Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 67 UK Enterprise Artificial Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 68 France Enterprise Artificial Intelligence Market, 2018 - 2021, USD Million
TABLE 69 France Enterprise Artificial Intelligence Market, 2022 - 2028, USD Million
TABLE 70 France Enterprise Artificial Intelligence Market by Vertical, 2018 - 2021, USD Million
TABLE 71 France Enterprise Artificial Intelligence Market by Vertical, 2022 - 2028, USD Million
TABLE 72 France Enterprise Artificial Intelligence Market by Deployment Type, 2018 - 2021, USD Million
TABLE 73 France Enterprise Artificial Intelligence Market by Deployment Type, 2022 - 2028, USD Million
TABLE 74 France Enterprise Artificial Intelligence Market by Organization Size, 2018 - 2021, USD Million
TABLE 75 France Enterprise Artificial Intelligence Market by Organization Size, 2022 - 2028, USD Million
TABLE 76 France Enterprise Artificial Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 77 France Enterprise Artificial Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 78 Russia Enterprise Artificial Intelligence Market, 2018 - 2021, USD Million
TABLE 79 Russia Enterprise Artificial Intelligence Market, 2022 - 2028, USD Million
TABLE 80 Russia Enterprise Artificial Intelligence Market by Vertical, 2018 - 2021, USD Million
TABLE 81 Russia Enterprise Artificial Intelligence Market by Vertical, 2022 - 2028, USD Million
TABLE 82 Russia Enterprise Artificial Intelligence Market by Deployment Type, 2018 - 2021, USD Million
TABLE 83 Russia Enterprise Artificial Intelligence Market by Deployment Type, 2022 - 2028, USD Million
TABLE 84 Russia Enterprise Artificial Intelligence Market by Organization Size, 2018 - 2021, USD Million
TABLE 85 Russia Enterprise Artificial Intelligence Market by Organization Size, 2022 - 2028, USD Million
TABLE 86 Russia Enterprise Artificial Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 87 Russia Enterprise Artificial Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 88 Spain Enterprise Artificial Intelligence Market, 2018 - 2021, USD Million
TABLE 89 Spain Enterprise Artificial Intelligence Market, 2022 - 2028, USD Million
TABLE 90 Spain Enterprise Artificial Intelligence Market by Vertical, 2018 - 2021, USD Million
TABLE 91 Spain Enterprise Artificial Intelligence Market by Vertical, 2022 - 2028, USD Million
TABLE 92 Spain Enterprise Artificial Intelligence Market by Deployment Type, 2018 - 2021, USD Million
TABLE 93 Spain Enterprise Artificial Intelligence Market by Deployment Type, 2022 - 2028, USD Million
TABLE 94 Spain Enterprise Artificial Intelligence Market by Organization Size, 2018 - 2021, USD Million
TABLE 95 Spain Enterprise Artificial Intelligence Market by Organization Size, 2022 - 2028, USD Million
TABLE 96 Spain Enterprise Artificial Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 97 Spain Enterprise Artificial Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 98 Italy Enterprise Artificial Intelligence Market, 2018 - 2021, USD Million
TABLE 99 Italy Enterprise Artificial Intelligence Market, 2022 - 2028, USD Million
TABLE 100 Italy Enterprise Artificial Intelligence Market by Vertical, 2018 - 2021, USD Million
TABLE 101 Italy Enterprise Artificial Intelligence Market by Vertical, 2022 - 2028, USD Million
TABLE 102 Italy Enterprise Artificial Intelligence Market by Deployment Type, 2018 - 2021, USD Million
TABLE 103 Italy Enterprise Artificial Intelligence Market by Deployment Type, 2022 - 2028, USD Million
TABLE 104 Italy Enterprise Artificial Intelligence Market by Organization Size, 2018 - 2021, USD Million
TABLE 105 Italy Enterprise Artificial Intelligence Market by Organization Size, 2022 - 2028, USD Million
TABLE 106 Italy Enterprise Artificial Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 107 Italy Enterprise Artificial Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 108 Rest of Europe Enterprise Artificial Intelligence Market, 2018 - 2021, USD Million
TABLE 109 Rest of Europe Enterprise Artificial Intelligence Market, 2022 - 2028, USD Million
TABLE 110 Rest of Europe Enterprise Artificial Intelligence Market by Vertical, 2018 - 2021, USD Million
TABLE 111 Rest of Europe Enterprise Artificial Intelligence Market by Vertical, 2022 - 2028, USD Million
TABLE 112 Rest of Europe Enterprise Artificial Intelligence Market by Deployment Type, 2018 - 2021, USD Million
TABLE 113 Rest of Europe Enterprise Artificial Intelligence Market by Deployment Type, 2022 - 2028, USD Million
TABLE 114 Rest of Europe Enterprise Artificial Intelligence Market by Organization Size, 2018 - 2021, USD Million
TABLE 115 Rest of Europe Enterprise Artificial Intelligence Market by Organization Size, 2022 - 2028, USD Million
TABLE 116 Rest of Europe Enterprise Artificial Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 117 Rest of Europe Enterprise Artificial Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 118 Key Information – Google LLC
TABLE 119 Key Information – Amazon Web Services, Inc.
TABLE 120 Key information – IBM Corporation
TABLE 121 Key Information – Apple, Inc.
TABLE 122 Key Information – SAP SE
TABLE 123 Key Information – Wipro Limited
TABLE 124 Key Information – MicroStrategy, Inc.
TABLE 125 Key Information – NVIDIA Corporation
TABLE 126 Key information –Verint Systems, Inc.
TABLE 127 Key Information – IPsoft, 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 (2018-2022)
FIG 5 Key Strategic Move: (Acquisition and Mergers: 2020, Dec – 2022, Jul) Leading Players
FIG 6 Recent strategies and developments: Google LLC
FIG 7 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 8 SWOT analysis: Amazon.com, Inc.
FIG 9 Swot analysis: IBM Corporation
FIG 10 SWOT Analysis: apple, Inc.
FIG 11 Recent strategies and developments: SAP SE
FIG 12 SWOT Analysis: SAP SE
FIG 13 SWOT Analysis: NVIDIA Corporation