Europe Cognitive Computing Market Size & Outlook
Related Markets
Europe cognitive computing market highlights
- The Europe cognitive computing market generated a revenue of USD 11.6 billion in 2024.
- The market is expected to grow at a CAGR of 28% from 2025 to 2030.
- In terms of segment, cloud was the largest revenue generating deployment type in 2024.
- Cloud is the most lucrative deployment type segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 11.6 billion |
| Market revenue in 2030 | USD 50.7 billion |
| Growth rate | 28% (CAGR from 2025 to 2030) |
| Largest segment | Cloud |
| Fastest growing segment | Cloud |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Cloud, On-Premise |
| Key market players worldwide | CognitiveScale, Enterra Solutions, Google, International Business Machines Corp, Microsoft Corp, Muance, Numenta, Oracle Corp, Palantir Technologies Inc Ordinary Shares - Class A, PTC, Saffron Technology, SAP SE, SAS AB, TIBCO, Vicarious Surgical Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 22.9% of the global cognitive computing market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 10.5 billion by 2030.
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Cognitive Computing Market Scope
Cognitive Computing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Saffron Technology | View profile | 11-50 | Los Altos, California, United States, North America | http://www.saffrontech.com |
| Numenta | View profile | 11-50 | Redwood City, California, United States, North America | http://www.numenta.com |
| Muance | View profile | 11-50 | Aix-en-provence, Provence-Alpes-Cote d'Azur, France, Europe | https://muance.com/ |
| Enterra Solutions | View profile | 11-50 | Langhorne, Pennsylvania, United States, North America | http://www.enterrasolutions.com |
| CognitiveScale | View profile | 51-100 | Austin, Texas, United States, North America | http://www.cognitivescale.com |
| View profile | 10001+ | Mountain View, California, United States, North America | https://www.google.com | |
| TIBCO | View profile | 1001-5000 | Palo Alto, California, United States, North America | http://www.tibco.com |
| Palantir Technologies Inc Ordinary Shares - Class A | View profile | 3678 | 1200 17th Street, Floor 15, Denver, CO, United States, 80202 | https://www.palantir.com |
| Vicarious Surgical Inc | View profile | 131 | 78 Fourth Avenue, Waltham, MA, United States, 02451 | https://www.vicarioussurgical.com |
| PTC | View profile | 5001-10000 | Boston, Massachusetts, United States, North America | http://www.ptc.com |
| SAS AB | View profile | 8099 | Frosundaviks Alle 1, Solna, Stockholm, Sweden, SE-195 87 | https://www.sasgroup.net |
| SAP SE | View profile | 107602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | https://www.sap.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
Europe cognitive computing 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 cognitive computing market will help companies and investors design strategic landscapes.
Cloud was the largest segment with a revenue share of 86.21% in 2024. Horizon Databook has segmented the Europe cognitive computing market based on cloud, on-premise covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of cognitive computing 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 cognitive computing market , including forecasts for subscribers. This continent databook contains high-level insights into Europe cognitive computing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe cognitive computing market size, by country, 2018-2030 (US$B)
Europe Cognitive Computing Market Outlook Share, 2024 & 2030 (US$B)
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