EUROPE ARTIFICIAL INTELLIGENCE MARKET FORECAST 2019-2027

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EUROPE ARTIFICIAL INTELLIGENCE MARKET FORECAST 2019-2027

The European market for Artificial Intelligence is forecasted to rise with a 39.64% CAGR over the projected years of 2019-2027. Government funding to develop and promote Artificial Intelligence is fueling the market growth in this region. The Artificial intelligence market in Europe has extended its branches in areas like semiconductor, healthcare, industrial and automotive transportation.

EUROPE ARTIFICIAL INTELLIGENCE MARKET FORECAST 2019-2027

Europe Artificial Intelligence Market by Offerings (Hardware, Software, Services) by System (Intelligence Systems, Decision Support Processing, Hybrid Systems, Fuzzy Systems) by Technology (Machine Learning, Robotics, Image Processing, Speech Recognition, Natural Language Processing, Cognitive Computing (Other Technology)) by Verticals (Technology & Telecommunications, Banking, Financial Service & Insurance, Retail, Media & Entertainment, Automotive & Transportation, Agriculture, Resources & Utilities, Manufacturing, Healthcare, Education, Other Verticals) by Geography.

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The European market for Artificial Intelligence is forecasted to rise with a 39.64% CAGR over the projected years of 2019-2027. Government funding to develop and promote Artificial Intelligence is fueling the market growth in this region.

The Artificial intelligence market in Europe has extended its branches in areas like semiconductor, healthcare, industrial and automotive transportation. Government funding to develop and promote artificial intelligence is a major influencing factor for the Europe Artificial Intelligence market’s progress. The U.K market was a significant contributor to A.I in this region. The U.K government has pledged a significant funding to develop machine learning and robotics at universities. The country has also experienced a rise in the number of startups, which collectively contributed nearly $xx million to conduct machine learning research.

Some of the renowned players in this market are Sizmek Inc., [24]7.AI, Inc., Uber Technologies Inc., International Business Machines Corporation (IBM) Corporation, GE Healthcare, Shell Oil Company, Apple Inc., Intel Corporation, Next IT Corporation (Acquired By Verint), Qlik Technologies, Google Inc., Ipsoft Incorporated, Microstrategy Inc., Microsoft Corporation, and NVIDIA Corporation.

 

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  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY & FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • GROWING NUMBER OF START UPS IN AI MARKET
      • MACHINE LEARNING IS DOMINANT TECHNOLOGY
      • AUTOMOTIVE & TRANSPORTATION – KEY OPPORTUNISTIC VERTICAL
  1. MARKET DYNAMICS
    • MARKET DEFINITION & SCOPE
    • MARKET DRIVERS
      • RISING FUNDING & INVESTMENT IN AI TECHNOLOGY
      • INCREASED ADOPTION OF AI FOR IMPROVING CUSTOMER SERVICE EXPERIENCE
      • INTEGRATION OF BIG DATA WITH ARTIFICIAL INTELLIGENCE & MACHINE LEARNING
      • AI DRIVEN IMPROVEMENTS IS THE NEW TREND OF ENHANCING PRODUCTIVITY
    • MARKET RESTRAINTS
      • LOW RETURN ON INVESTMENT
      • COSTS ASSOCIATED WITH AI
    • MARKET OPPORTUNITIES
      • GROWING ROBOTIZATION ACROSS NUMEROUS VERTICALS
      • INCORPORATION OF AI WITH HUMAN INTELLIGENCE
      • INCREASED USE OF AI IN RESEARCH & DEVELOPMENT
    • MARKET CHALLENGES
      • LACK OF SKILLED WORKFORCE
      • VULNERABLE TO HARDWARE & SOFTWARE FAILURES
  1. MARKET BY OFFERINGS
    • HARDWARE
    • SOFTWARE
    • SERVICES
  2. MARKET BY SYSTEM
    • INTELLIGENCE SYSTEMS
    • DECISION SUPPORT PROCESSING
    • HYBRID SYSTEMS
    • FUZZY SYSTEMS
  3. MARKET BY TECHNOLOGY
    • MACHINE LEARNING
    • ROBOTICS
    • IMAGE PROCESSING
    • SPEECH RECOGNITION
    • NATURAL LANGUAGE PROCESSING
    • COGNITIVE COMPUTING (OTHER TECHNOLOGY)
  4. MARKET BY VERTICALS
    • TECHNOLOGY & TELECOMMUNICATIONS
    • BANKING, FINANCIAL SERVICE & INSURANCE
    • RETAIL
    • MEDIA & ENTERTAINMENT
    • AUTOMOTIVE & TRANSPORTATION
    • AGRICULTURE
    • RESOURCES & UTILITIES
    • MANUFACTURING
    • HEALTHCARE
    • EDUCATION
    • OTHER VERTICALS
  5. KEY ANALYTICS
    • PORTER’S FIVE FORCE ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • KEY BUYING CRITERIA
      • APPLICATION
      • TECHNOLOGY
      • INTEGRATION WITH EXISTING INFRASTRUCTURE
    • VALUE CHAIN ANALYSIS
      • DATA WAREHOUSE
      • ARTIFICIAL INTELLIGENCE ANALYSIS
      • SOFTWARE DEVELOPMENT
  1. GEOGRAPHICAL ANALYSIS – EUROPE
    • UNITED KINGDOM
    • FRANCE
    • GERMANY
    • SPAIN
    • ITALY
    • REST OF EUROPE
  2. COMPETITIVE LANDSCAPE
    • MARKET SHARE ANALYSIS
    • KEY COMPANY ANALYSIS
    • CORPORATE STRATEGIES
      • PRODUCT LAUNCH
      • PARTNERSHIP & COLLABORATION
      • MERGER & ACQUISITION
      • INVESTMENTS
      • BUSINESS EXPANSION
      • JOINT VENTURES
    • COMPANY PROFILES
      • [24]7.AI, INC.
      • APPLE INC.
      • GE HEALTHCARE
      • GOOGLE INC.
      • INTEL CORPORATION
      • INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM) CORPORATION
      • IPSOFT INCORPORATED
      • MICROSOFT CORPORATION
      • MICROSTRATEGY INC.
      • NEXT IT CORPORATION (ACQUIRED BY VERINT)
      • NVIDIA CORPORATION
      • QLIK TECHNOLOGIES
      • SHELL OIL COMPANY
      • SIZMEK INC.
      • UBER TECHNOLOGIES INC.

 

LIST OF TABLES

TABLE 1: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 2: STARTUPS IN ARTIFICIAL INTELLIGENCE MARKET

TABLE 3: IMPROVED CUSTOMER EXPERIENCE DUE TO ADOPTION OF AI ACROSS DIFFERENT VERTICALS

TABLE 4: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY OFFERINGS, 2019-2027 (IN $ MILLION)

TABLE 5: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY SYSTEM, 2019-2027 (IN $ MILLION)

TABLE 6: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY TECHNOLOGY, 2019-2027 (IN $ MILLION)

TABLE 7: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY VERTICALS, 2019-2027 (IN $ MILLION)

TABLE 8: OPPORTUNITY MATRIX

TABLE 9: VENDOR LANDSCAPE

TABLE 10: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 11: LIST OF PRODUCT LAUNCH

TABLE 12: LIST OF PARTNERSHIP & COLLABORATION

TABLE 13: LIST OF MERGER & ACQUISITION

TABLE 14: LIST OF INVESTMENTS

TABLE 15: LIST OF BUSINESS EXPANSIONS

TABLE 16: LIST OF JOINT VENTURES

 

LIST OF FIGURES

FIGURE 1: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY VERTICALS, 2018 & 2027 (IN %)

FIGURE 2: REVENUE GENERATED BY MACHINE LEARNING TECHNOLOGY IN ARTIFICIAL INTELLIGENCE MARKET, 2018 & 2027 (IN $ MILLION)

FIGURE 3: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY HARDWARE, 2019-2027 (IN $ MILLION)

FIGURE 4: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY SOFTWARE, 2019-2027 (IN $ MILLION)

FIGURE 5: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY SERVICES, 2019-2027 (IN $ MILLION)

FIGURE 6: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY INTELLIGENCE SYSTEMS, 2019-2027 (IN $ MILLION)

FIGURE 7: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY DECISION SUPPORT PROCESSING, 2019-2027 (IN $ MILLION)

FIGURE 8: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY HYBRID SYSTEMS, 2019-2027 (IN $ MILLION)

FIGURE 9: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY FUZZY SYSTEMS, 2019-2027 (IN $ MILLION)

FIGURE 10: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY MACHINE LEARNING, 2019-2027 (IN $ MILLION)

FIGURE 11: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY ROBOTICS, 2019-2027 (IN $ MILLION)

FIGURE 12: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY IMAGE PROCESSING, 2019-2027 (IN $ MILLION)

FIGURE 13: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY SPEECH RECOGNITION, 2019-2027 (IN $ MILLION)

FIGURE 14: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY NATURAL LANGUAGE PROCESSING, 2019-2027 (IN $ MILLION)

FIGURE 15: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY COGNITIVE COMPUTING (OTHER TECHNOLOGY), 2019-2027 (IN $ MILLION)

FIGURE 16: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY TECHNOLOGY & TELECOMMUNICATIONS, 2019-2027 (IN $ MILLION)

FIGURE 17: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY BANKING, FINANCIAL SERVICE & INSURANCE, 2019-2027 (IN $ MILLION)

FIGURE 18: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY RETAIL, 2019-2027 (IN $ MILLION)

FIGURE 19: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY MEDIA & ENTERTAINMENT, 2019-2027 (IN $ MILLION)

FIGURE 20: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2019-2027 (IN $ MILLION)

FIGURE 21: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY AGRICULTURE, 2019-2027 (IN $ MILLION)

FIGURE 22: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY RESOURCES & UTILITIES, 2019-2027 (IN $ MILLION)

FIGURE 23: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY MANUFACTURING, 2019-2027 (IN $ MILLION)

FIGURE 24: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY HEALTHCARE, 2019-2027 (IN $ MILLION)

FIGURE 25: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY EDUCATION, 2019-2027 (IN $ MILLION)

FIGURE 26: EUROPE ARTIFICIAL INTELLIGENCE MARKET, BY OTHER VERTICALS, 2019-2027 (IN $ MILLION)

FIGURE 27: PORTER’S FIVE FORCE ANALYSIS

FIGURE 28: KEY BUYING IMPACT ANALYSIS

FIGURE 29: VALUE CHAIN ANALYSIS

FIGURE 30: EUROPE ARTIFICIAL INTELLIGENCE MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 31: UNITED KINGDOM ARTIFICIAL INTELLIGENCE MARKET, 2019-2027 (IN $ MILLION)

FIGURE 32: FRANCE ARTIFICIAL INTELLIGENCE MARKET, 2019-2027 (IN $ MILLION)

FIGURE 33: GERMANY ARTIFICIAL INTELLIGENCE MARKET, 2019-2027 (IN $ MILLION)

FIGURE 34: SPAIN ARTIFICIAL INTELLIGENCE MARKET, 2019-2027 (IN $ MILLION)

FIGURE 35: ITALY ARTIFICIAL INTELLIGENCE MARKET, 2019-2027 (IN $ MILLION)

FIGURE 36: REST OF EUROPE ARTIFICIAL INTELLIGENCE MARKET, 2019-2027 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS – EUROPE
    • UNITED KINGDOM
    • FRANCE
    • GERMANY
    • SPAIN
    • ITALY
    • REST OF EUROPE
  2. MARKET BY OFFERINGS
    • HARDWARE
    • SOFTWARE
    • SERVICES
  3. MARKET BY SYSTEM
    • INTELLIGENCE SYSTEMS
    • DECISION SUPPORT PROCESSING
    • HYBRID SYSTEMS
    • FUZZY SYSTEMS
  4. MARKET BY TECHNOLOGY
    • MACHINE LEARNING
    • ROBOTICS
    • IMAGE PROCESSING
    • SPEECH RECOGNITION
    • NATURAL LANGUAGE PROCESSING
    • COGNITIVE COMPUTING (OTHER TECHNOLOGY)
  5. MARKET BY VERTICALS
    • TECHNOLOGY & TELECOMMUNICATIONS
    • BANKING, FINANCIAL SERVICE & INSURANCE
    • RETAIL
    • MEDIA & ENTERTAINMENT
    • AUTOMOTIVE & TRANSPORTATION
    • AGRICULTURE
    • RESOURCES & UTILITIES
    • MANUFACTURING
    • HEALTHCARE
    • EDUCATION
    • OTHER VERTICALS

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