Germany Ai In Life Science Analytics Market Size & Outlook
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Germany ai in life science analytics market highlights
- The Germany ai in life science analytics market generated a revenue of USD 92.4 million in 2023 and is expected to reach USD 179.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 10% from 2024 to 2030.
- In terms of segment, cloud was the largest revenue generating delivery in 2023.
- Cloud is the most lucrative delivery segment registering the fastest growth during the forecast period.
Ai in life science analytics market data book summary
| Market revenue in 2023 | USD 92.4 million |
| Market revenue in 2030 | USD 179.5 million |
| Growth rate | 10% (CAGR from 2024 to 2030) |
| Largest segment | Cloud |
| Fastest growing segment | Cloud |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cloud, On-premise |
| Key market players worldwide | Indegene, Databricks, SAS AB, Sisense, IQVIA Holdings Inc, International Business Machines Corp, Lexalytics, Sorcero, Axtria |
Other key industry trends
- In terms of revenue, Germany accounted for 5.3% of the global ai in life science analytics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany ai in life science analytics market is projected to lead the regional market in terms of revenue in 2030.
- Norway is the fastest growing regional market in Europe and is projected to reach USD 50.7 million by 2030.
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AI In Life Science Analytics Market Scope
AI In Life Science Analytics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Axtria | View profile | 1001-5000 | Berkeley Heights, New Jersey, United States, North America | http://axtria.com |
| Sorcero | View profile | 51-100 | Washington, District of Columbia, United States, North America | http://www.sorcero.com |
| Lexalytics | View profile | 11-50 | Amherst, Massachusetts, United States, North America | http://www.lexalytics.com |
| Indegene | View profile | 5001-10000 | Princeton, New Jersey, United States, North America | https://www.indegene.com/ |
| Databricks | View profile | 5001-10000 | San Francisco, California, United States, North America | https://databricks.com |
| Sisense | View profile | 501-1000 | New York, New York, United States, North America | http://www.sisense.com |
| IQVIA Holdings Inc | View profile | 87000 | 2400 Ellis Road, Durham, NC, United States, 27703 | https://www.iqvia.com |
| SAS AB | View profile | 8099 | Frosundaviks Alle 1, Solna, Stockholm, Sweden, SE-195 87 | https://www.sasgroup.net |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
Germany ai in life science 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 ai in life science analytics market will help companies and investors design strategic landscapes.
Cloud was the largest segment with a revenue share of 52.27% in 2023. Horizon Databook has segmented the Germany ai in life science analytics market based on cloud, on-premise covering the revenue growth of each sub-segment from 2018 to 2030.
Germany was the leading manufacturer of plastic in Europe in 2020. Also, the country recycles a significant amount of waste plastic into fuel and other products. Being a member of the European Union, follows all the standards and legislation imposed by the organization. However, the government has also imposed its own set of regulations in areas which are not covered by the EU regulations.
Germany is known for its better waste recycling rate. According to Plastics Europe, from 2006–2016, the volumes for recycling witnessed a 76% growth. In November 2018, Germany's Environment Ministry unveiled a five-point plan to reduce plastic waste. With the introduction this plan, the government aims to improve the recycling target by 63 % of total waste by 2022. Furthermore, the government of Germany plans to ban the sale of certain single-use plastics by July 2021.
Stringent restrictions on landfills and growing efforts by the government to reduce plastic waste are projected to have a positive impact on the plastic to fuel market in Germany over the forecast period. Company such as Remondis Se & Co. Kg is operating the country. Also companies such as Greenfuels AG, FE, Klean Industries, Bayer, BASF are working together in order to convert mixed plastics into high grade fuel oil in Germany.
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Target buyers of Germany ai in life science analytics market databook
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Our clientele includes a mix of ai in life science analytics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany ai in life science analytics market , including forecasts for subscribers. This country databook contains high-level insights into Germany ai in life science analytics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany ai in life science analytics market size, by delivery, 2018-2030 (US$M)
Germany AI In Life Science Analytics Market Outlook Share, 2023 & 2030 (US$M)
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