Europe Insolvency Software Market Size, Share & Industry Trends Analysis Report By Component (Solution and Services), By Organization Size (Large Enterprises, Small & Medium Enterprises), By Application, By Vertical, By Country and Growth Forecast, 2023 - 2030

The Europe Insolvency Software Market would witness market growth of 8.9% CAGR during the forecast period (2023-2030).

The evolution of the market is intrinsically linked to the dynamic landscape of insolvency law, financial restructuring, and the burgeoning demands imposed by an ever-evolving regulatory framework. Continual advancements in technology serve as catalysts for innovation within this domain, fostering the integration of artificial intelligence and machine learning capabilities. These integrations pave the way for predictive analytics, empowering professionals with the foresight to anticipate trends, mitigate risks, and optimize strategies in an increasingly complex landscape.

Technological advancements represent another pivotal force propelling innovation in the market. By incorporating state-of-the-art technologies like automation, machine learning, and artificial intelligence (AI), software manufacturers are able to transform the capabilities of their products. AI and ML algorithms are harnessed to enhance predictive analytics, enabling practitioners to forecast potential outcomes with greater accuracy. Moreover, automation streamlines workflows expedites processes, and minimizes the margin for error, fostering efficiency and operational excellence within insolvency proceedings.

According to Eurostat, the total volume of bankruptcy declarations filed by EU companies increased for the 6th consecutive quarter in the second quarter of 2023. The number of insolvencies experienced an 8.4% surge in comparison to the preceding quarter, culminating in its highest point since data collection commenced in 2015. The same source also stated that Ireland (-53.1%), Belgium (-15.4%), and Germany (-13.1%) exhibited the most substantial declines in the registration of new businesses when comparing the third and second quarters of 2023 among the EU Member States. Slovak Republic (+19.2%), France (+9.7%), and Portugal (+6.1%) exhibited the most substantial growth rates in the registration of new businesses. Business registrations often correlate with economic conditions. During economic downturns or recessions, insolvency cases might spike despite a decrease in new business registrations. Hence, these elements will drive the development of the market in the coming years.

The Germany market dominated the Europe Insolvency Software Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $229.8 million by 2030. The UK market is exhibiting a CAGR of 8% during (2023 - 2030). Additionally, The France market would experience a CAGR of 9.8% during (2023 - 2030).

Based on Component, the market is segmented into Solution, and Services (Professional Services, Managed Services). Based on Organization Size, the market is segmented into Large Enterprises, Small & Medium Enterprises. Based on Application, the market is segmented into Document Management, Financial Transaction Management, Reporting, Compliance, Creditor Management, and Others. Based on Vertical, the market is segmented into BFSI, Manufacturing, IT & Telecom, Energy & Utilities, Government, Retail, 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 Insolvency Software Market will Hit $3 Billion by 2030, at a CAGR of 10.3%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Themis Solutions Inc. (Clio), Aryza Ltd. (Macquarie Group Limited), Stretto, Inc., Epiq Systems, Inc. (OMERS Private Equity Inc.), Kroll, LLC, Turnkey Computer Technology Ltd, Panther Software, LLC, Fastcase, Inc. (vLex, LLC), Standard Legal Network, LLC and LegalPRO Systems, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Component

• Solution
• Services
  • Professional Services
  • Managed Services

By Organization Size

• Large Enterprises
• Small & Medium Enterprises

By Application

• Document Management
• Financial Transaction Management
• Reporting
• Compliance
• Creditor Management
• Others

By Vertical

• BFSI
• Manufacturing
• IT & Telecom
• Energy & Utilities
• Government
• Retail
• Others

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

• Themis Solutions Inc. (Clio)
• Aryza Ltd. (Macquarie Group Limited)
• Stretto, Inc.
• Epiq Systems, Inc. (OMERS Private Equity Inc.)
• Kroll, LLC
• Turnkey Computer Technology Ltd
• Panther Software, LLC
• Fastcase, Inc. (vLex, LLC)
• Standard Legal Network, LLC
• LegalPRO Systems, Inc.

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Insolvency Software Market, by Component
1.4.2 Europe Insolvency Software Market, by Organization Size
1.4.3 Europe Insolvency Software Market, by Application
1.4.4 Europe Insolvency Software Market, by Vertical
1.4.5 Europe Insolvency Software 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
3.3 Porter Five Forces Analysis

Chapter 4. Europe Insolvency Software Market by Component
4.1 Europe Solution Market by Country
4.2 Europe Services Market by Country
4.3 Europe Insolvency Software Market by Services Type
4.3.1 Europe Professional Services Market by Country
4.3.2 Europe Managed Services Market by Country

Chapter 5. Europe Insolvency Software Market by Organization Size
5.1 Europe Large Enterprises Market by Country
5.2 Europe Small & Medium Enterprises Market by Country

Chapter 6. Europe Insolvency Software Market by Application
6.1 Europe Document Management Market by Country
6.2 Europe Financial Transaction Management Market by Country
6.3 Europe Reporting Market by Country
6.4 Europe Compliance Market by Country
6.5 Europe Creditor Management Market by Country
6.6 Europe Others Market by Country

Chapter 7. Europe Insolvency Software Market by Vertical
7.1 Europe BFSI Market by Country
7.2 Europe Manufacturing Market by Country
7.3 Europe IT & Telecom Market by Country
7.4 Europe Energy & Utilities Market by Country
7.5 Europe Government Market by Country
7.6 Europe Retail Market by Country
7.7 Europe Others Market by Country

Chapter 8. Europe Insolvency Software Market by Country
8.1 Germany Insolvency Software Market
8.1.1 Germany Insolvency Software Market by Component
8.1.1.1 Germany Insolvency Software Market by Services Type
8.1.2 Germany Insolvency Software Market by Organization Size
8.1.3 Germany Insolvency Software Market by Application
8.1.4 Germany Insolvency Software Market by Vertical
8.2 UK Insolvency Software Market
8.2.1 UK Insolvency Software Market by Component
8.2.1.1 UK Insolvency Software Market by Services Type
8.2.2 UK Insolvency Software Market by Organization Size
8.2.3 UK Insolvency Software Market by Application
8.2.4 UK Insolvency Software Market by Vertical
8.3 France Insolvency Software Market
8.3.1 France Insolvency Software Market by Component
8.3.1.1 France Insolvency Software Market by Services Type
8.3.2 France Insolvency Software Market by Organization Size
8.3.3 France Insolvency Software Market by Application
8.3.4 France Insolvency Software Market by Vertical
8.4 Russia Insolvency Software Market
8.4.1 Russia Insolvency Software Market by Component
8.4.1.1 Russia Insolvency Software Market by Services Type
8.4.2 Russia Insolvency Software Market by Organization Size
8.4.3 Russia Insolvency Software Market by Application
8.4.4 Russia Insolvency Software Market by Vertical
8.5 Spain Insolvency Software Market
8.5.1 Spain Insolvency Software Market by Component
8.5.1.1 Spain Insolvency Software Market by Services Type
8.5.2 Spain Insolvency Software Market by Organization Size
8.5.3 Spain Insolvency Software Market by Application
8.5.4 Spain Insolvency Software Market by Vertical
8.6 Italy Insolvency Software Market
8.6.1 Italy Insolvency Software Market by Component
8.6.1.1 Italy Insolvency Software Market by Services Type
8.6.2 Italy Insolvency Software Market by Organization Size
8.6.3 Italy Insolvency Software Market by Application
8.6.4 Italy Insolvency Software Market by Vertical
8.7 Rest of Europe Insolvency Software Market
8.7.1 Rest of Europe Insolvency Software Market by Component
8.7.1.1 Rest of Europe Insolvency Software Market by Services Type
8.7.2 Rest of Europe Insolvency Software Market by Organization Size
8.7.3 Rest of Europe Insolvency Software Market by Application
8.7.4 Rest of Europe Insolvency Software Market by Vertical

Chapter 9. Company Profiles
9.1 Themis Solutions Inc. (Clio)
9.1.1 Company Overview
9.1.2 Recent strategies and developments:
9.1.2.1 Product Launches and Product Expansions:
9.1.3 SWOT Analysis
9.2 Aryza Ltd. (Macquarie Group Limited)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 SWOT Analysis
9.3 Stretto, Inc.
9.3.1 Company Overview
9.3.2 Recent strategies and developments:
9.3.2.1 Acquisition and Mergers:
9.3.3 SWOT Analysis
9.4 Epiq Systems, Inc. (OMERS Private Equity Inc.)
9.4.1 Company Overview
9.4.2 Recent strategies and developments:
9.4.2.1 Product Launches and Product Expansions:
9.4.3 SWOT Analysis
9.5 Turnkey Computer Technology Ltd
9.5.1 Company Overview
9.5.2 SWOT Analysis
9.6 Panther Software, LLC
9.6.1 Company Overview
9.6.2 SWOT Analysis
9.7 Fastcase, Inc. (vLex, LLC)
9.7.1 Company Overview
9.7.2 SWOT Analysis
9.8 Standard Legal Network, LLC
9.8.1 Company Overview
9.9 LegalPRO Systems, Inc.
9.9.1 Company Overview
9.10. Kroll, LLC
9.10.1 Company Overview

TABLE 1 Europe Insolvency Software Market, 2019 - 2022, USD Million
TABLE 2 Europe Insolvency Software Market, 2023 - 2030, USD Million
TABLE 3 Europe Insolvency Software Market by Component, 2019 - 2022, USD Million
TABLE 4 Europe Insolvency Software Market by Component, 2023 - 2030, USD Million
TABLE 5 Europe Solution Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Solution Market by Country, 2023 - 2030, USD Million
TABLE 7 Europe Services Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Services Market by Country, 2023 - 2030, USD Million
TABLE 9 Europe Insolvency Software Market by Services Type, 2019 - 2022, USD Million
TABLE 10 Europe Insolvency Software Market by Services Type, 2023 - 2030, USD Million
TABLE 11 Europe Professional Services Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Professional Services Market by Country, 2023 - 2030, USD Million
TABLE 13 Europe Managed Services Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Managed Services Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Insolvency Software Market by Organization Size, 2019 - 2022, USD Million
TABLE 16 Europe Insolvency Software Market by Organization Size, 2023 - 2030, USD Million
TABLE 17 Europe Large Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Large Enterprises Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Small & Medium Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Small & Medium Enterprises Market by Country, 2023 - 2030, USD Million
TABLE 21 Europe Insolvency Software Market by Application, 2019 - 2022, USD Million
TABLE 22 Europe Insolvency Software Market by Application, 2023 - 2030, USD Million
TABLE 23 Europe Document Management Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Document Management Market by Country, 2023 - 2030, USD Million
TABLE 25 Europe Financial Transaction Management Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Financial Transaction Management Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Reporting Market by Country, 2019 - 2022, USD Million
TABLE 28 Europe Reporting Market by Country, 2023 - 2030, USD Million
TABLE 29 Europe Compliance Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Compliance Market by Country, 2023 - 2030, USD Million
TABLE 31 Europe Creditor Management Market by Country, 2019 - 2022, USD Million
TABLE 32 Europe Creditor Management Market by Country, 2023 - 2030, USD Million
TABLE 33 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 35 Europe Insolvency Software Market by Vertical, 2019 - 2022, USD Million
TABLE 36 Europe Insolvency Software Market by Vertical, 2023 - 2030, USD Million
TABLE 37 Europe BFSI Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe BFSI Market by Country, 2023 - 2030, USD Million
TABLE 39 Europe Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 40 Europe Manufacturing Market by Country, 2023 - 2030, USD Million
TABLE 41 Europe IT & Telecom Market by Country, 2019 - 2022, USD Million
TABLE 42 Europe IT & Telecom Market by Country, 2023 - 2030, USD Million
TABLE 43 Europe Energy & Utilities Market by Country, 2019 - 2022, USD Million
TABLE 44 Europe Energy & Utilities Market by Country, 2023 - 2030, USD Million
TABLE 45 Europe Government Market by Country, 2019 - 2022, USD Million
TABLE 46 Europe Government Market by Country, 2023 - 2030, USD Million
TABLE 47 Europe Retail Market by Country, 2019 - 2022, USD Million
TABLE 48 Europe Retail Market by Country, 2023 - 2030, USD Million
TABLE 49 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 50 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 51 Europe Insolvency Software Market by Country, 2019 - 2022, USD Million
TABLE 52 Europe Insolvency Software Market by Country, 2023 - 2030, USD Million
TABLE 53 Germany Insolvency Software Market, 2019 - 2022, USD Million
TABLE 54 Germany Insolvency Software Market, 2023 - 2030, USD Million
TABLE 55 Germany Insolvency Software Market by Component, 2019 - 2022, USD Million
TABLE 56 Germany Insolvency Software Market by Component, 2023 - 2030, USD Million
TABLE 57 Germany Insolvency Software Market by Services Type, 2019 - 2022, USD Million
TABLE 58 Germany Insolvency Software Market by Services Type, 2023 - 2030, USD Million
TABLE 59 Germany Insolvency Software Market by Organization Size, 2019 - 2022, USD Million
TABLE 60 Germany Insolvency Software Market by Organization Size, 2023 - 2030, USD Million
TABLE 61 Germany Insolvency Software Market by Application, 2019 - 2022, USD Million
TABLE 62 Germany Insolvency Software Market by Application, 2023 - 2030, USD Million
TABLE 63 Germany Insolvency Software Market by Vertical, 2019 - 2022, USD Million
TABLE 64 Germany Insolvency Software Market by Vertical, 2023 - 2030, USD Million
TABLE 65 UK Insolvency Software Market, 2019 - 2022, USD Million
TABLE 66 UK Insolvency Software Market, 2023 - 2030, USD Million
TABLE 67 UK Insolvency Software Market by Component, 2019 - 2022, USD Million
TABLE 68 UK Insolvency Software Market by Component, 2023 - 2030, USD Million
TABLE 69 UK Insolvency Software Market by Services Type, 2019 - 2022, USD Million
TABLE 70 UK Insolvency Software Market by Services Type, 2023 - 2030, USD Million
TABLE 71 UK Insolvency Software Market by Organization Size, 2019 - 2022, USD Million
TABLE 72 UK Insolvency Software Market by Organization Size, 2023 - 2030, USD Million
TABLE 73 UK Insolvency Software Market by Application, 2019 - 2022, USD Million
TABLE 74 UK Insolvency Software Market by Application, 2023 - 2030, USD Million
TABLE 75 UK Insolvency Software Market by Vertical, 2019 - 2022, USD Million
TABLE 76 UK Insolvency Software Market by Vertical, 2023 - 2030, USD Million
TABLE 77 France Insolvency Software Market, 2019 - 2022, USD Million
TABLE 78 France Insolvency Software Market, 2023 - 2030, USD Million
TABLE 79 France Insolvency Software Market by Component, 2019 - 2022, USD Million
TABLE 80 France Insolvency Software Market by Component, 2023 - 2030, USD Million
TABLE 81 France Insolvency Software Market by Services Type, 2019 - 2022, USD Million
TABLE 82 France Insolvency Software Market by Services Type, 2023 - 2030, USD Million
TABLE 83 France Insolvency Software Market by Organization Size, 2019 - 2022, USD Million
TABLE 84 France Insolvency Software Market by Organization Size, 2023 - 2030, USD Million
TABLE 85 France Insolvency Software Market by Application, 2019 - 2022, USD Million
TABLE 86 France Insolvency Software Market by Application, 2023 - 2030, USD Million
TABLE 87 France Insolvency Software Market by Vertical, 2019 - 2022, USD Million
TABLE 88 France Insolvency Software Market by Vertical, 2023 - 2030, USD Million
TABLE 89 Russia Insolvency Software Market, 2019 - 2022, USD Million
TABLE 90 Russia Insolvency Software Market, 2023 - 2030, USD Million
TABLE 91 Russia Insolvency Software Market by Component, 2019 - 2022, USD Million
TABLE 92 Russia Insolvency Software Market by Component, 2023 - 2030, USD Million
TABLE 93 Russia Insolvency Software Market by Services Type, 2019 - 2022, USD Million
TABLE 94 Russia Insolvency Software Market by Services Type, 2023 - 2030, USD Million
TABLE 95 Russia Insolvency Software Market by Organization Size, 2019 - 2022, USD Million
TABLE 96 Russia Insolvency Software Market by Organization Size, 2023 - 2030, USD Million
TABLE 97 Russia Insolvency Software Market by Application, 2019 - 2022, USD Million
TABLE 98 Russia Insolvency Software Market by Application, 2023 - 2030, USD Million
TABLE 99 Russia Insolvency Software Market by Vertical, 2019 - 2022, USD Million
TABLE 100 Russia Insolvency Software Market by Vertical, 2023 - 2030, USD Million
TABLE 101 Spain Insolvency Software Market, 2019 - 2022, USD Million
TABLE 102 Spain Insolvency Software Market, 2023 - 2030, USD Million
TABLE 103 Spain Insolvency Software Market by Component, 2019 - 2022, USD Million
TABLE 104 Spain Insolvency Software Market by Component, 2023 - 2030, USD Million
TABLE 105 Spain Insolvency Software Market by Services Type, 2019 - 2022, USD Million
TABLE 106 Spain Insolvency Software Market by Services Type, 2023 - 2030, USD Million
TABLE 107 Spain Insolvency Software Market by Organization Size, 2019 - 2022, USD Million
TABLE 108 Spain Insolvency Software Market by Organization Size, 2023 - 2030, USD Million
TABLE 109 Spain Insolvency Software Market by Application, 2019 - 2022, USD Million
TABLE 110 Spain Insolvency Software Market by Application, 2023 - 2030, USD Million
TABLE 111 Spain Insolvency Software Market by Vertical, 2019 - 2022, USD Million
TABLE 112 Spain Insolvency Software Market by Vertical, 2023 - 2030, USD Million
TABLE 113 Italy Insolvency Software Market, 2019 - 2022, USD Million
TABLE 114 Italy Insolvency Software Market, 2023 - 2030, USD Million
TABLE 115 Italy Insolvency Software Market by Component, 2019 - 2022, USD Million
TABLE 116 Italy Insolvency Software Market by Component, 2023 - 2030, USD Million
TABLE 117 Italy Insolvency Software Market by Services Type, 2019 - 2022, USD Million
TABLE 118 Italy Insolvency Software Market by Services Type, 2023 - 2030, USD Million
TABLE 119 Italy Insolvency Software Market by Organization Size, 2019 - 2022, USD Million
TABLE 120 Italy Insolvency Software Market by Organization Size, 2023 - 2030, USD Million
TABLE 121 Italy Insolvency Software Market by Application, 2019 - 2022, USD Million
TABLE 122 Italy Insolvency Software Market by Application, 2023 - 2030, USD Million
TABLE 123 Italy Insolvency Software Market by Vertical, 2019 - 2022, USD Million
TABLE 124 Italy Insolvency Software Market by Vertical, 2023 - 2030, USD Million
TABLE 125 Rest of Europe Insolvency Software Market, 2019 - 2022, USD Million
TABLE 126 Rest of Europe Insolvency Software Market, 2023 - 2030, USD Million
TABLE 127 Rest of Europe Insolvency Software Market by Component, 2019 - 2022, USD Million
TABLE 128 Rest of Europe Insolvency Software Market by Component, 2023 - 2030, USD Million
TABLE 129 Rest of Europe Insolvency Software Market by Services Type, 2019 - 2022, USD Million
TABLE 130 Rest of Europe Insolvency Software Market by Services Type, 2023 - 2030, USD Million
TABLE 131 Rest of Europe Insolvency Software Market by Organization Size, 2019 - 2022, USD Million
TABLE 132 Rest of Europe Insolvency Software Market by Organization Size, 2023 - 2030, USD Million
TABLE 133 Rest of Europe Insolvency Software Market by Application, 2019 - 2022, USD Million
TABLE 134 Rest of Europe Insolvency Software Market by Application, 2023 - 2030, USD Million
TABLE 135 Rest of Europe Insolvency Software Market by Vertical, 2019 - 2022, USD Million
TABLE 136 Rest of Europe Insolvency Software Market by Vertical, 2023 - 2030, USD Million
TABLE 137 Key Information – Themis Solutions Inc.
TABLE 138 Key Information – Aryza Ltd.
TABLE 139 Key Information – Stretto, Inc.
TABLE 140 Key Information – Epiq Systems, Inc.
TABLE 141 Key Information – Turnkey Computer Technology Ltd
TABLE 142 Key Information – Panther Software, LLC
TABLE 143 Key Information – Fastcase, Inc.
TABLE 144 Key Information – Standard Legal Network, LLC
TABLE 145 Key Information – LegalPRO Systems, Inc.
TABLE 146 Key Information – Kroll, LLC

List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Insolvency Software Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Insolvency Software Market
FIG 4 Porter’s Five Forces Analysis – Insolvency Software Market
FIG 5 Europe Insolvency Software Market share by Component, 2022
FIG 6 Europe Insolvency Software Market share by Component, 2030
FIG 7 Europe Insolvency Software Market by Component, 2019 - 2030, USD Million
FIG 8 Europe Insolvency Software Market share by Organization Size, 2022
FIG 9 Europe Insolvency Software Market share by Organization Size, 2030
FIG 10 Europe Insolvency Software Market by Organization Size, 2019 - 2030, USD Million
FIG 11 Europe Insolvency Software Market share by Application, 2022
FIG 12 Europe Insolvency Software Market share by Application, 2030
FIG 13 Europe Insolvency Software Market by Application, 2019 - 2030, USD Million
FIG 14 Europe Insolvency Software Market share by Vertical, 2022
FIG 15 Europe Insolvency Software Market share by Vertical, 2030
FIG 16 Europe Insolvency Software Market by Vertical, 2019 - 2030, USD Million
FIG 17 Europe Insolvency Software Market share by Country, 2022
FIG 18 Europe Insolvency Software Market share by Country, 2030
FIG 19 Europe Insolvency Software Market by Country, 2019 - 2030, USD Million
FIG 20 SWOT Analysis: Themis Solutions Inc.
FIG 21 SWOT Analysis: Aryza Ltd.
FIG 22 SWOT Analysis: Stretto, Inc.
FIG 23 SWOT Analysis: Epiq Systems, Inc.
FIG 24 SWOT Analysis: Turnkey Computer Technology Ltd
FIG 25 SWOT Analysis: Panther Software, LLC
FIG 26 SWOT Analysis: Fastcase, Inc.