Europe Advanced Analytics Market Size & Outlook, 2021-2028

The advanced analytics market in Europe is expected to reach a projected revenue of US$ 18,110.0 million by 2028. A compound annual growth rate of 26% is expected of Europe advanced analytics market from 2022 to 2028.
Revenue, 2021 (US$M)
$3,585.5
Forecast, 2028 (US$M)
$18,110.0
CAGR, 2022 - 2028
26%
Report Coverage
Europe

Europe advanced analytics market highlights

  • The Europe advanced analytics market generated a revenue of USD 3,585.5 million in 2021.
  • The market is expected to grow at a CAGR of 26% from 2022 to 2028.
  • In terms of segment, big data analytics was the largest revenue generating type in 2021.
  • Business Analytics is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, Germany is expected to register the highest CAGR from 2022 to 2028.

Europe data book summary

Market revenue in 2021USD 3,585.5 million
Market revenue in 2028USD 18,110.0 million
Growth rate26% (CAGR from 2021 to 2028)
Largest segmentBig data analytics
Fastest growing segmentBusiness Analytics
Historical data covered2018 - 2020
Base year for estimation2021
Forecast period covered2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationBig Data Analytics, Business Analytics, Customer Analytics, Risk Analytics, Statistical Analysis
Key market players worldwideAltair Engineering Inc Class A, International Business Machines Corp, Microsoft Corp, Oracle Corp, SAP SE, SAS AB, Fair Isaac Corp, KNIME, Trianz

Other key industry trends

  • In terms of revenue, Europe region accounted for 23.7% of the global advanced analytics market in 2021.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2028.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 13,329.4 million by 2028.

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Advanced Analytics Market Scope

Advanced analytics market segmentation & scope
Big Data Analytics
Business Analytics
Customer Analytics
Risk Analytics
Statistical Analysis
Others
On-premise
Cloud
Large Enterprises
Small & Medium Enterprises (SMEs)
BFSI
Government
Healthcare
IT & Telecom
Military & Defense
Others

Advanced Analytics Market Companies

Name Profile # Employees HQ Website

Europe advanced analytics market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to advanced analytics market will help companies and investors design strategic landscapes.


Big data analytics was the largest segment with a revenue share of 35.19% in 2021. Horizon Databook has segmented the Europe advanced analytics market based on big data analytics, business analytics, customer analytics, risk analytics, statistical analysis covering the revenue growth of each sub-segment from 2018 to 2028.


  • Europe Advanced Analytics Type Outlook (Revenue, USD Million, 2018-2028)
    • Big Data Analytics
    • Business Analytics
    • Customer Analytics
    • Risk Analytics
    • Statistical Analysis
    • Others
  • Europe Advanced Analytics Deployment Outlook (Revenue, USD Million, 2018-2028)
    • On-premise
    • Cloud
  • Europe Advanced Analytics Enterprise Size Outlook (Revenue, USD Million, 2018-2028)
    • Large Enterprises
    • Small & Medium Enterprises (SMEs)
  • Europe Advanced Analytics End Use Outlook (Revenue, USD Million, 2018-2028)
    • BFSI
    • Government
    • Healthcare
    • IT & Telecom
    • Military & Defense
    • Others

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  • Our clientele includes a mix of advanced analytics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe advanced analytics market, including forecasts for subscribers. This continent databook contains high-level insights into Europe advanced analytics market from 2018 to 2028, including revenue numbers, major trends, and company profiles.

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Europe advanced analytics market size, by country, 2018-2028 (US$M)

Europe Advanced Analytics Market Share, 2021 & 2028 (US$M)

Europe advanced analytics market size, by country, 2018-2028 (US$M)

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