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Europe Big Data Market Valued at USD 86.20 Billion in 2023, Anticipated to Grow to USD 145.84 Billion by 2030 with a 7.8% CAGR

08-23-2024 10:25 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: STELLAR MARKET RESEARCH

Europe Big Data Market

Europe Big Data Market

Anticipated Growth in Revenue:

Europe Big Data Market size was valued at US$ 86.20 Bn. in 2023 and the total revenue is expected to grow at 7.8% through 2024 to 2030, reaching nearly US$ 145.84 Bn. by 2030.

Europe Big Data Market Overview:

The majority of European businesses are quite familiar with the Big Data technology, and big businesses in particular have several use cases for Big Data being implemented. Big Data is still a crucial technology for improving consumer experiences, cutting costs, and streamlining challenging corporate procedures. Despite the COVID-19 pandemic, the market for Big Data and analytics grew in the past two years, demonstrating that Big Data is a necessity rather than a nice-to-have technology that may help businesses foster digital resilience and escape dire crises more quickly. Europe Big Data Market is projected to grow during the forecast period at a significant rate during the forecast period.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐Ž๐ฎ๐ซ ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/Europe-Big-Data-Market/1222

What are Europe Big Data Market Dynamics?

In Europe, a huge volume of data is produced every day. These data can be connected together and analysed to produce fresh insights and ground-breaking remedies for the economy and society. The advantages that Big Data solutions can provide to European businesses and governments are becoming more well-known. European businesses are being forced to outsource their Big Data initiatives due to a lack of Big Data scientists. This indicates that in order to stay up with these advances, the Big Data Market in Europe is expected to experience rapid growth rate during the forecast period. Big Data-related operations that are straightforward and repetitive can be automated, but more complicated procedures strictly require human creativity, ingenuity and interpretation. Major changes in the workforce are being caused by this migration in various nations. Due to the rising automation of routine operations, low-cost nations are losing jobs, while other nations are creating highly skilled job requirements to meet the demands of automation. Offshore suppliers must develop the capability for these higher-value jobs in big data solutions if they want to remain competitive.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž + ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐‡๐ž๐ซ๐ž:https://www.stellarmr.com/report/req_sample/Europe-Big-Data-Market/1222

What is Europe Big Data Market Regional Insight?

The qualitative and quantitative data provided in the Europe Big Data market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Europe Big Data market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Europe Big Data market.

What is Europe Big Data Market Segmentation?

By Industry Vertical

BFSI
Manufacturing
Healthcare
Government
Energy & Utilities
Transportation
Retail & E-commerce
IT & Telecom
Education
Others
By Deployment Mode

On-premise
Cloud-Based

By Application

Customer Analytics
Supply Chain Analytics
Marketing Analytics
Pricing Analytics
Spatial Analytics
Workforce Analytics
Risk & Credit Analytics
Transportation Analytics

By Component

Hardware
Software
Services
Country Scope

UK

France
Germany
Italy
Spain
Sweden
Austria
and Rest of Europe

๐…๐‘๐„๐„ ๐†๐ž๐ญ ๐š ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! https://www.stellarmr.com/report/req_sample/Europe-Big-Data-Market/1222

Some of the current players in the Europe Big Data Market are:

Excadel (Poland)
SAP SE (Germany)
Cortical.io (Austria)
Centaurea (Belarus)
Opinum (Belgium)
Koola (Bosnia and Herzegovina)
Valuer (Denmark)
Beemray (Finland)

Key Offerings:

Past Market Size and Competitive Landscape
Europe Big Data Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Europe Big Data Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4 Kothrud
Pinnac Memories Fl. No. 3
Kothrud, Pune, Maharashtra, 411029
sales@stellarmr.com
+91 9607365656

About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company's vision is to be an integral part of the client's business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

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