Market revenue in 2023 | USD 17,097.3 million |
Market revenue in 2030 | USD 33,733.2 million |
Growth rate | 10.2% (CAGR from 2023 to 2030) |
Largest segment | Software |
Fastest growing segment | Service |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Software, Service |
Key market players worldwide | International Business Machines Corp, Oracle Corp, SAP SE, Cloudera, Amazon.com Inc, Teradata Corp, Broadcom Inc, Informatica Inc, Micro Focus |
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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 enterprise data management market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 73.65% in 2023. Horizon Databook has segmented the Europe enterprise data management market based on software, service covering the revenue growth of each sub-segment from 2018 to 2030.
In Europe, various projects and service-driven organizations are adopting enterprise data management services to improve visibility and process efficiency, which in turn is expected to drive market growth.
Increasing shift to hybrid IT, growing usage of IoT solutions, and managed services offer several benefits, including a reduction in Operating Expenses (OPEX) and Capital Expenditures (CAPEX) model, which is expected to lead to a considerable transformation in data management across the region.
According to a survey conducted by the IoT-European Platforms Initiative (IoT-EPI), technological integration, reliability concern, and regulatory issues are the considerable factors hindering the market growth in European countries.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe enterprise data management market , including forecasts for subscribers. This continent databook contains high-level insights into Europe enterprise data management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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