The Europe Finance Cloud Market would witness market growth of 19.8% CAGR during the forecast period (2022-2028).
People are slowed down by insufficient information, repetitive activities, and restricted accessibility while using manual systems like spreadsheets, emails, and unconnected applications. People repeatedly manually enter the same data, which increases the likelihood of a human mistake. It's crucial to connect all of these systems and make information available from everywhere if they want things to work well.
Cloud financial management software is the way to go if businesses want to increase productivity and cut out errors. Although using online systems has become commonplace, most medium-sized and large-scale organizations are apprehensive to migrate to cloud financial management software. When a business decides to transition to the best cloud financial management software, the debate around security and privacy issues in the cloud frequently flares up.
Given the sensitive nature of the data (payroll, tax, and revenue) housed in these systems, some of these worries are legitimate. Only 5% of the time are the providers at blame, according to a recent Gartner analysis. This demonstrates the importance that cloud service providers have on privacy and security. Although have total control over data with an on-premise system, it isn't quite as flexible as an online system.
Germany's more than 36,000 bank branches can accept customer deposits and loans as well as transact in securities due to the nation's universal banking system. There are no reports of a credit crunch in the German economy. Credit is provided to both domestic and international investors at rates set by the market, and there are many different credit instruments. In the past, German banks were able to have a substantial impact on the industry due to the country's long-standing system of cross-shareholding between banks and industry and a high proportion of bank borrowing compared to equity financing.
The Germany market dominated the Europe Finance Cloud Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,386.2 million by 2028. The UK market is anticipated to grow at a CAGR of 18.7% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 20.7% during (2022 - 2028).
Based on Offering, the market is segmented into Solution (Security, Financial Reporting & Analysis, Financial Forecasting, Governance, Risk & Compliances, and Others.) and Services. Based on Deployment, the market is segmented into Public, Private, and Hybrid. Based on End-use, the market is segmented into Banking & Financial Services and Insurance. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on Application, the market is segmented into Wealth Management, Account Management, Revenue Management, Customer Relationship Management, Asset Management, 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 Finance Cloud Market will Hit $68.8 Billion by 2028, at a CAGR of 20.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Google LLC, Microsoft Corporation, Oracle Corporation, SAP SE, Amazon Web Services, Inc., Cisco Systems, Inc., The Sage Group PLC, Acumatica, Inc., and Aryaka Networks, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Offering
- Solution
- Security
- Financial Reporting & Analysis
- Financial Forecasting
- Governance, Risk & Compliances
- Others
- Services
By Deployment
By End-use
- Banking & Financial Services
- Insurance
By Organization Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
By Application
- Wealth Management
- Account Management
- Revenue Management
- Customer Relationship Management
- Asset Management
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Google LLC
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- Amazon Web Services, Inc.
- Cisco Systems, Inc.
- The Sage Group PLC
- Acumatica, Inc.
- Aryaka Networks, Inc.
TABLE 1 Europe Finance Cloud Market, 2018 - 2021, USD Million
TABLE 2 Europe Finance Cloud Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Finance Cloud Market
TABLE 4 Product Launches And Product Expansions – Finance Cloud Market
TABLE 5 Acquisition and Mergers – Finance Cloud Market
TABLE 6 Acquisition and Mergers – Geographical Expansion
TABLE 7 Europe Finance Cloud Market by Offering, 2018 - 2021, USD Million
TABLE 8 Europe Finance Cloud Market by Offering, 2022 - 2028, USD Million
TABLE 9 Europe Solution Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Solution Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Finance Cloud Market by Solution Type, 2018 - 2021, USD Million
TABLE 12 Europe Finance Cloud Market by Solution Type, 2022 - 2028, USD Million
TABLE 13 Europe Security Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Security Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Financial Reporting & Analysis Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Financial Reporting & Analysis Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Financial Forecasting Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Financial Forecasting Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Governance, Risk & Compliances Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Governance, Risk & Compliances Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Services Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Services Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Finance Cloud Market by Deployment, 2018 - 2021, USD Million
TABLE 26 Europe Finance Cloud Market by Deployment, 2022 - 2028, USD Million
TABLE 27 Europe Public Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Public Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Private Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Private Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Hybrid Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Hybrid Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe Finance Cloud Market by End-use, 2018 - 2021, USD Million
TABLE 34 Europe Finance Cloud Market by End-use, 2022 - 2028, USD Million
TABLE 35 Europe Banking & Financial Services Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe Banking & Financial Services Market by Country, 2022 - 2028, USD Million
TABLE 37 Europe Insurance Market by Country, 2018 - 2021, USD Million
TABLE 38 Europe Insurance Market by Country, 2022 - 2028, USD Million
TABLE 39 Europe Finance Cloud Market by Organization Size, 2018 - 2021, USD Million
TABLE 40 Europe Finance Cloud Market by Organization Size, 2022 - 2028, USD Million
TABLE 41 Europe Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 42 Europe Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 43 Europe Small & Medium Enterprises (SMEs) Market by Country, 2018 - 2021, USD Million
TABLE 44 Europe Small & Medium Enterprises (SMEs) Market by Country, 2022 - 2028, USD Million
TABLE 45 Europe Finance Cloud Market by Application, 2018 - 2021, USD Million
TABLE 46 Europe Finance Cloud Market by Application, 2022 - 2028, USD Million
TABLE 47 Europe Wealth Management Market by Country, 2018 - 2021, USD Million
TABLE 48 Europe Wealth Management Market by Country, 2022 - 2028, USD Million
TABLE 49 Europe Account Management Market by Country, 2018 - 2021, USD Million
TABLE 50 Europe Account Management Market by Country, 2022 - 2028, USD Million
TABLE 51 Europe Revenue Management Market by Country, 2018 - 2021, USD Million
TABLE 52 Europe Revenue Management Market by Country, 2022 - 2028, USD Million
TABLE 53 Europe Customer Relationship Management Market by Country, 2018 - 2021, USD Million
TABLE 54 Europe Customer Relationship Management Market by Country, 2022 - 2028, USD Million
TABLE 55 Europe Asset Management Market by Country, 2018 - 2021, USD Million
TABLE 56 Europe Asset Management Market by Country, 2022 - 2028, USD Million
TABLE 57 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 58 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 59 Europe Finance Cloud Market by Country, 2018 - 2021, USD Million
TABLE 60 Europe Finance Cloud Market by Country, 2022 - 2028, USD Million
TABLE 61 Germany Finance Cloud Market, 2018 - 2021, USD Million
TABLE 62 Germany Finance Cloud Market, 2022 - 2028, USD Million
TABLE 63 Germany Finance Cloud Market by Offering, 2018 - 2021, USD Million
TABLE 64 Germany Finance Cloud Market by Offering, 2022 - 2028, USD Million
TABLE 65 Germany Finance Cloud Market by Solution Type, 2018 - 2021, USD Million
TABLE 66 Germany Finance Cloud Market by Solution Type, 2022 - 2028, USD Million
TABLE 67 Germany Finance Cloud Market by Deployment, 2018 - 2021, USD Million
TABLE 68 Germany Finance Cloud Market by Deployment, 2022 - 2028, USD Million
TABLE 69 Germany Finance Cloud Market by End-use, 2018 - 2021, USD Million
TABLE 70 Germany Finance Cloud Market by End-use, 2022 - 2028, USD Million
TABLE 71 Germany Finance Cloud Market by Organization Size, 2018 - 2021, USD Million
TABLE 72 Germany Finance Cloud Market by Organization Size, 2022 - 2028, USD Million
TABLE 73 Germany Finance Cloud Market by Application, 2018 - 2021, USD Million
TABLE 74 Germany Finance Cloud Market by Application, 2022 - 2028, USD Million
TABLE 75 UK Finance Cloud Market, 2018 - 2021, USD Million
TABLE 76 UK Finance Cloud Market, 2022 - 2028, USD Million
TABLE 77 UK Finance Cloud Market by Offering, 2018 - 2021, USD Million
TABLE 78 UK Finance Cloud Market by Offering, 2022 - 2028, USD Million
TABLE 79 UK Finance Cloud Market by Solution Type, 2018 - 2021, USD Million
TABLE 80 UK Finance Cloud Market by Solution Type, 2022 - 2028, USD Million
TABLE 81 UK Finance Cloud Market by Deployment, 2018 - 2021, USD Million
TABLE 82 UK Finance Cloud Market by Deployment, 2022 - 2028, USD Million
TABLE 83 UK Finance Cloud Market by End-use, 2018 - 2021, USD Million
TABLE 84 UK Finance Cloud Market by End-use, 2022 - 2028, USD Million
TABLE 85 UK Finance Cloud Market by Organization Size, 2018 - 2021, USD Million
TABLE 86 UK Finance Cloud Market by Organization Size, 2022 - 2028, USD Million
TABLE 87 UK Finance Cloud Market by Application, 2018 - 2021, USD Million
TABLE 88 UK Finance Cloud Market by Application, 2022 - 2028, USD Million
TABLE 89 France Finance Cloud Market, 2018 - 2021, USD Million
TABLE 90 France Finance Cloud Market, 2022 - 2028, USD Million
TABLE 91 France Finance Cloud Market by Offering, 2018 - 2021, USD Million
TABLE 92 France Finance Cloud Market by Offering, 2022 - 2028, USD Million
TABLE 93 France Finance Cloud Market by Solution Type, 2018 - 2021, USD Million
TABLE 94 France Finance Cloud Market by Solution Type, 2022 - 2028, USD Million
TABLE 95 France Finance Cloud Market by Deployment, 2018 - 2021, USD Million
TABLE 96 France Finance Cloud Market by Deployment, 2022 - 2028, USD Million
TABLE 97 France Finance Cloud Market by End-use, 2018 - 2021, USD Million
TABLE 98 France Finance Cloud Market by End-use, 2022 - 2028, USD Million
TABLE 99 France Finance Cloud Market by Organization Size, 2018 - 2021, USD Million
TABLE 100 France Finance Cloud Market by Organization Size, 2022 - 2028, USD Million
TABLE 101 France Finance Cloud Market by Application, 2018 - 2021, USD Million
TABLE 102 France Finance Cloud Market by Application, 2022 - 2028, USD Million
TABLE 103 Russia Finance Cloud Market, 2018 - 2021, USD Million
TABLE 104 Russia Finance Cloud Market, 2022 - 2028, USD Million
TABLE 105 Russia Finance Cloud Market by Offering, 2018 - 2021, USD Million
TABLE 106 Russia Finance Cloud Market by Offering, 2022 - 2028, USD Million
TABLE 107 Russia Finance Cloud Market by Solution Type, 2018 - 2021, USD Million
TABLE 108 Russia Finance Cloud Market by Solution Type, 2022 - 2028, USD Million
TABLE 109 Russia Finance Cloud Market by Deployment, 2018 - 2021, USD Million
TABLE 110 Russia Finance Cloud Market by Deployment, 2022 - 2028, USD Million
TABLE 111 Russia Finance Cloud Market by End-use, 2018 - 2021, USD Million
TABLE 112 Russia Finance Cloud Market by End-use, 2022 - 2028, USD Million
TABLE 113 Russia Finance Cloud Market by Organization Size, 2018 - 2021, USD Million
TABLE 114 Russia Finance Cloud Market by Organization Size, 2022 - 2028, USD Million
TABLE 115 Russia Finance Cloud Market by Application, 2018 - 2021, USD Million
TABLE 116 Russia Finance Cloud Market by Application, 2022 - 2028, USD Million
TABLE 117 Spain Finance Cloud Market, 2018 - 2021, USD Million
TABLE 118 Spain Finance Cloud Market, 2022 - 2028, USD Million
TABLE 119 Spain Finance Cloud Market by Offering, 2018 - 2021, USD Million
TABLE 120 Spain Finance Cloud Market by Offering, 2022 - 2028, USD Million
TABLE 121 Spain Finance Cloud Market by Solution Type, 2018 - 2021, USD Million
TABLE 122 Spain Finance Cloud Market by Solution Type, 2022 - 2028, USD Million
TABLE 123 Spain Finance Cloud Market by Deployment, 2018 - 2021, USD Million
TABLE 124 Spain Finance Cloud Market by Deployment, 2022 - 2028, USD Million
TABLE 125 Spain Finance Cloud Market by End-use, 2018 - 2021, USD Million
TABLE 126 Spain Finance Cloud Market by End-use, 2022 - 2028, USD Million
TABLE 127 Spain Finance Cloud Market by Organization Size, 2018 - 2021, USD Million
TABLE 128 Spain Finance Cloud Market by Organization Size, 2022 - 2028, USD Million
TABLE 129 Spain Finance Cloud Market by Application, 2018 - 2021, USD Million
TABLE 130 Spain Finance Cloud Market by Application, 2022 - 2028, USD Million
TABLE 131 Italy Finance Cloud Market, 2018 - 2021, USD Million
TABLE 132 Italy Finance Cloud Market, 2022 - 2028, USD Million
TABLE 133 Italy Finance Cloud Market by Offering, 2018 - 2021, USD Million
TABLE 134 Italy Finance Cloud Market by Offering, 2022 - 2028, USD Million
TABLE 135 Italy Finance Cloud Market by Solution Type, 2018 - 2021, USD Million
TABLE 136 Italy Finance Cloud Market by Solution Type, 2022 - 2028, USD Million
TABLE 137 Italy Finance Cloud Market by Deployment, 2018 - 2021, USD Million
TABLE 138 Italy Finance Cloud Market by Deployment, 2022 - 2028, USD Million
TABLE 139 Italy Finance Cloud Market by End-use, 2018 - 2021, USD Million
TABLE 140 Italy Finance Cloud Market by End-use, 2022 - 2028, USD Million
TABLE 141 Italy Finance Cloud Market by Organization Size, 2018 - 2021, USD Million
TABLE 142 Italy Finance Cloud Market by Organization Size, 2022 - 2028, USD Million
TABLE 143 Italy Finance Cloud Market by Application, 2018 - 2021, USD Million
TABLE 144 Italy Finance Cloud Market by Application, 2022 - 2028, USD Million
TABLE 145 Rest of Europe Finance Cloud Market, 2018 - 2021, USD Million
TABLE 146 Rest of Europe Finance Cloud Market, 2022 - 2028, USD Million
TABLE 147 Rest of Europe Finance Cloud Market by Offering, 2018 - 2021, USD Million
TABLE 148 Rest of Europe Finance Cloud Market by Offering, 2022 - 2028, USD Million
TABLE 149 Rest of Europe Finance Cloud Market by Solution Type, 2018 - 2021, USD Million
TABLE 150 Rest of Europe Finance Cloud Market by Solution Type, 2022 - 2028, USD Million
TABLE 151 Rest of Europe Finance Cloud Market by Deployment, 2018 - 2021, USD Million
TABLE 152 Rest of Europe Finance Cloud Market by Deployment, 2022 - 2028, USD Million
TABLE 153 Rest of Europe Finance Cloud Market by End-use, 2018 - 2021, USD Million
TABLE 154 Rest of Europe Finance Cloud Market by End-use, 2022 - 2028, USD Million
TABLE 155 Rest of Europe Finance Cloud Market by Organization Size, 2018 - 2021, USD Million
TABLE 156 Rest of Europe Finance Cloud Market by Organization Size, 2022 - 2028, USD Million
TABLE 157 Rest of Europe Finance Cloud Market by Application, 2018 - 2021, USD Million
TABLE 158 Rest of Europe Finance Cloud Market by Application, 2022 - 2028, USD Million
TABLE 159 Key information – IBM Corporation
TABLE 160 Key Information – Google LLC
TABLE 161 key information – Microsoft Corporation
TABLE 162 Key Information – Oracle Corporation
TABLE 163 Key Information – SAP SE
TABLE 164 Key Information – Amazon Web Services, Inc.
TABLE 165 Key Information – Cisco Systems, Inc.
TABLE 166 Key Information – The Sage Group plc
TABLE 167 Key Information – Acumatica, Inc.
TABLE 168 Key Information – ARYAKA NETWORKS, 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: (Partnerships, Collaborations & Agreements: 2020, Dec – 2022, Aug) Leading Players
FIG 6 Recent strategies and developments: IBM Corporation
FIG 7 Swot analysis: IBM Corporation
FIG 8 Recent strategies and developments: Google LLC
FIG 9 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 10 SWOT Analysis: Microsoft Corporation
FIG 11 SWOT analysis: Oracle Corporation
FIG 12 SWOT Analysis: SAP SE
FIG 13 SWOT analysis: Amazon.com, Inc.
FIG 14 SWOT Analysis: Cisco Systems, Inc.
FIG 15 Recent strategies and developments: The Sage Group PLC