The Europe Model Based Enterprise Market would witness market growth of 14.1% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Model Based Enterprise Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,107.7 million by 2031. The UK market is exhibiting a CAGR of 13% during (2024 - 2031). Additionally, The France market would experience a CAGR of 15% during (2024 - 2031).
After products are delivered to customers, MBE continues participating in service and maintenance activities. Digital models are used to create Digital Twins—virtual physical assets replicas enabling predictive maintenance, remote monitoring, and performance optimization. Service technicians can access digital models to troubleshoot issues, diagnose faults, and plan maintenance activities, leading to reduced downtime, increased equipment reliability, and enhanced customer satisfaction.
Also, MBE supports the entire product lifecycle, from concept to retirement. Digital models capture rich metadata and product data that can be leveraged for lifecycle management activities such as configuration management, change management, and compliance tracking. Organizations can use MBE platforms to maintain a digital thread of product information, enabling traceability, auditability, and compliance with regulatory requirements throughout the product lifecycle.
With the UK aerospace industry being a major player globally, there is a growing demand for advanced technologies to support innovation and competitiveness. As a result, there is an increasing need for MBE solutions that can streamline design, engineering, and manufacturing processes while facilitating collaboration and communication across the supply chain. As per the International Trade Administration, the aerospace sector in the United Kingdom is export-driven and ranks second largest globally, after the United States. Civil aerospace revenue in the United Kingdom reached an estimated $34.5 billion in 2022. The defense industry achieved an approximate turnover of $29 billion in 2022, of which $15 billion was allocated for exports. Hence, the expansion of the region’s aerospace industry is driving the market’s growth.
Free Valuable Insights: The Global Model Based Enterprise Market will Hit USD 34.5 Billion by 2031, at a CAGR of 14.5%
Based on Offering, the market is segmented into Solution and Services. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on Vertical, the market is segmented into Aerospace, Electronics & Telecommunications, Construction, Healthcare & Lifesciences, Food & Beverages, Marine, Oil & Gas, Automotive 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
- Siemens AG
- PTC, Inc.
- Dassault Systemes SE
- SAP SE
- HCL Technologies Ltd. (HCL Enterprises)
- Oracle Corporation
- Wipro Limited
- ANSYS, Inc.
- General Electric Company
- Cisco Systems, Inc.
Europe Model Based Enterprise Market Report Segmentation
By Offering
By Deployment Mode
By Vertical
- Aerospace
- Electronics & Telecommunications
- Construction
- Healthcare & Lifesciences
- Food & Beverages
- Marine
- Oil & Gas
- Automotive
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
TABLE 1 Europe Model Based Enterprise Market, 2020 - 2023, USD Million
TABLE 2 Europe Model Based Enterprise Market, 2024 - 2031, USD Million
TABLE 3 Europe Model Based Enterprise Market by Offering, 2020 - 2023, USD Million
TABLE 4 Europe Model Based Enterprise Market by Offering, 2024 - 2031, USD Million
TABLE 5 Europe Solution Market by Country, 2020 - 2023, USD Million
TABLE 6 Europe Solution Market by Country, 2024 - 2031, USD Million
TABLE 7 Europe Services Market by Country, 2020 - 2023, USD Million
TABLE 8 Europe Services Market by Country, 2024 - 2031, USD Million
TABLE 9 Europe Model Based Enterprise Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 10 Europe Model Based Enterprise Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 11 Europe On-premise Market by Country, 2020 - 2023, USD Million
TABLE 12 Europe On-premise Market by Country, 2024 - 2031, USD Million
TABLE 13 Europe Cloud Market by Country, 2020 - 2023, USD Million
TABLE 14 Europe Cloud Market by Country, 2024 - 2031, USD Million
TABLE 15 Europe Model Based Enterprise Market by Vertical, 2020 - 2023, USD Million
TABLE 16 Europe Model Based Enterprise Market by Vertical, 2024 - 2031, USD Million
TABLE 17 Europe Aerospace Market by Country, 2020 - 2023, USD Million
TABLE 18 Europe Aerospace Market by Country, 2024 - 2031, USD Million
TABLE 19 Europe Electronics & Telecommunications Market by Country, 2020 - 2023, USD Million
TABLE 20 Europe Electronics & Telecommunications Market by Country, 2024 - 2031, USD Million
TABLE 21 Europe Construction Market by Country, 2020 - 2023, USD Million
TABLE 22 Europe Construction Market by Country, 2024 - 2031, USD Million
TABLE 23 Europe Healthcare & Lifesciences Market by Country, 2020 - 2023, USD Million
TABLE 24 Europe Healthcare & Lifesciences Market by Country, 2024 - 2031, USD Million
TABLE 25 Europe Food & Beverages Market by Country, 2020 - 2023, USD Million
TABLE 26 Europe Food & Beverages Market by Country, 2024 - 2031, USD Million
TABLE 27 Europe Marine Market by Country, 2020 - 2023, USD Million
TABLE 28 Europe Marine Market by Country, 2024 - 2031, USD Million
TABLE 29 Europe Oil & Gas Market by Country, 2020 - 2023, USD Million
TABLE 30 Europe Oil & Gas Market by Country, 2024 - 2031, USD Million
TABLE 31 Europe Automotive Market by Country, 2020 - 2023, USD Million
TABLE 32 Europe Automotive Market by Country, 2024 - 2031, USD Million
TABLE 33 Europe Others Market by Country, 2020 - 2023, USD Million
TABLE 34 Europe Others Market by Country, 2024 - 2031, USD Million
TABLE 35 Europe Model Based Enterprise Market by Country, 2020 - 2023, USD Million
TABLE 36 Europe Model Based Enterprise Market by Country, 2024 - 2031, USD Million
TABLE 37 Germany Model Based Enterprise Market, 2020 - 2023, USD Million
TABLE 38 Germany Model Based Enterprise Market, 2024 - 2031, USD Million
TABLE 39 Germany Model Based Enterprise Market by Offering, 2020 - 2023, USD Million
TABLE 40 Germany Model Based Enterprise Market by Offering, 2024 - 2031, USD Million
TABLE 41 Germany Model Based Enterprise Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 42 Germany Model Based Enterprise Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 43 Germany Model Based Enterprise Market by Vertical, 2020 - 2023, USD Million
TABLE 44 Germany Model Based Enterprise Market by Vertical, 2024 - 2031, USD Million
TABLE 45 UK Model Based Enterprise Market, 2020 - 2023, USD Million
TABLE 46 UK Model Based Enterprise Market, 2024 - 2031, USD Million
TABLE 47 UK Model Based Enterprise Market by Offering, 2020 - 2023, USD Million
TABLE 48 UK Model Based Enterprise Market by Offering, 2024 - 2031, USD Million
TABLE 49 UK Model Based Enterprise Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 50 UK Model Based Enterprise Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 51 UK Model Based Enterprise Market by Vertical, 2020 - 2023, USD Million
TABLE 52 UK Model Based Enterprise Market by Vertical, 2024 - 2031, USD Million
TABLE 53 France Model Based Enterprise Market, 2020 - 2023, USD Million
TABLE 54 France Model Based Enterprise Market, 2024 - 2031, USD Million
TABLE 55 France Model Based Enterprise Market by Offering, 2020 - 2023, USD Million
TABLE 56 France Model Based Enterprise Market by Offering, 2024 - 2031, USD Million
TABLE 57 France Model Based Enterprise Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 58 France Model Based Enterprise Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 59 France Model Based Enterprise Market by Vertical, 2020 - 2023, USD Million
TABLE 60 France Model Based Enterprise Market by Vertical, 2024 - 2031, USD Million
TABLE 61 Russia Model Based Enterprise Market, 2020 - 2023, USD Million
TABLE 62 Russia Model Based Enterprise Market, 2024 - 2031, USD Million
TABLE 63 Russia Model Based Enterprise Market by Offering, 2020 - 2023, USD Million
TABLE 64 Russia Model Based Enterprise Market by Offering, 2024 - 2031, USD Million
TABLE 65 Russia Model Based Enterprise Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 66 Russia Model Based Enterprise Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 67 Russia Model Based Enterprise Market by Vertical, 2020 - 2023, USD Million
TABLE 68 Russia Model Based Enterprise Market by Vertical, 2024 - 2031, USD Million
TABLE 69 Spain Model Based Enterprise Market, 2020 - 2023, USD Million
TABLE 70 Spain Model Based Enterprise Market, 2024 - 2031, USD Million
TABLE 71 Spain Model Based Enterprise Market by Offering, 2020 - 2023, USD Million
TABLE 72 Spain Model Based Enterprise Market by Offering, 2024 - 2031, USD Million
TABLE 73 Spain Model Based Enterprise Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 74 Spain Model Based Enterprise Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 75 Spain Model Based Enterprise Market by Vertical, 2020 - 2023, USD Million
TABLE 76 Spain Model Based Enterprise Market by Vertical, 2024 - 2031, USD Million
TABLE 77 Italy Model Based Enterprise Market, 2020 - 2023, USD Million
TABLE 78 Italy Model Based Enterprise Market, 2024 - 2031, USD Million
TABLE 79 Italy Model Based Enterprise Market by Offering, 2020 - 2023, USD Million
TABLE 80 Italy Model Based Enterprise Market by Offering, 2024 - 2031, USD Million
TABLE 81 Italy Model Based Enterprise Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 82 Italy Model Based Enterprise Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 83 Italy Model Based Enterprise Market by Vertical, 2020 - 2023, USD Million
TABLE 84 Italy Model Based Enterprise Market by Vertical, 2024 - 2031, USD Million
TABLE 85 Rest of Europe Model Based Enterprise Market, 2020 - 2023, USD Million
TABLE 86 Rest of Europe Model Based Enterprise Market, 2024 - 2031, USD Million
TABLE 87 Rest of Europe Model Based Enterprise Market by Offering, 2020 - 2023, USD Million
TABLE 88 Rest of Europe Model Based Enterprise Market by Offering, 2024 - 2031, USD Million
TABLE 89 Rest of Europe Model Based Enterprise Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 90 Rest of Europe Model Based Enterprise Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 91 Rest of Europe Model Based Enterprise Market by Vertical, 2020 - 2023, USD Million
TABLE 92 Rest of Europe Model Based Enterprise Market by Vertical, 2024 - 2031, USD Million
TABLE 93 key Information – PTC, Inc.
TABLE 94 Key Information – ANSYS, Inc.
TABLE 95 Key Information – Dassault Systemes SE
TABLE 96 Key Information – SAP SE
TABLE 97 Information – HCL Technologies Ltd.
TABLE 98 Key Information – Oracle Corporation
TABLE 99 Key Information – Wipro Limited
TABLE 100 Key Information – General Electric Company
TABLE 101 Key Information – Cisco Systems, Inc.
TABLE 102 Key Information – Siemens AG
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Model Based Enterprise Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Model Based Enterprise Market
FIG 4 MarketShare Analysis, 2023
FIG 5 Porter’s Five Forces Analysis – Model Based Enterprise Market
FIG 6 Europe Model Based Enterprise Marketshare by Offering, 2023
FIG 7 Europe Model Based Enterprise Marketshare by Offering, 2031
FIG 8 Europe Model Based Enterprise Market by Offering, 2020 - 2031, USD Million
FIG 9 Europe Model Based Enterprise Marketshare by Deployment Mode, 2023
FIG 10 Europe Model Based Enterprise Marketshare by Deployment Mode, 2031
FIG 11 Europe Model Based Enterprise Market by Deployment Mode, 2020 - 2031, USD Million
FIG 12 Europe Model Based Enterprise Marketshare by Vertical, 2023
FIG 13 Europe Model Based Enterprise Marketshare by Vertical, 2031
FIG 14 Europe Model Based Enterprise Market by Vertical, 2020 - 2031, USD Million
FIG 15 Europe Model Based Enterprise Marketshare by Country, 2023
FIG 16 Europe Model Based Enterprise Marketshare by Country, 2031
FIG 17 Europe Model Based Enterprise Market by Country, 2020 - 2031, USD Million
FIG 18 Recent strategies and developments: PTC, Inc.
FIG 19 Recent strategies and developments: Dassault Systemes SE
FIG 20 SWOT Analysis: Dassault Systemes SE
FIG 21 SWOT Analysis: SAP SE
FIG 22 SWOT Analysis: HCL Technologies Ltd.
FIG 23 SWOT Analysis: Oracle Corporation
FIG 24 SWOT Analysis: Wipro Limited
FIG 25 SWOT Analysis: General electric (GE) Co.
FIG 26 SWOT Analysis: Cisco Systems, Inc.
FIG 27 Recent strategies and developments: Siemens AG
FIG 28 SWOT Analysis: Siemens AG