Europe Composite AI Market Size study, by Offering (Software, Hardware, Services) by Industry Vertical (Data processing, Pattern recognition, Machine learning, Natural language processing) by Technique (Product design and development, Customer service, Fraud detection, Risk management, Supply chain management) by Application (Banking and financial services, Healthcare, Retail, Manufacturing, Transportation and logistics, Others) and Country Forecasts 2022-2032
Europe Composite AI Market is valued approximately at USD 213.86 million in 2023 and is anticipated to grow with a healthy growth rate of more than 37.82% over the forecast period 2024-2032. Composite artificial intelligence (AI) is the process of combining various AI models, methodologies, or technologies to produce more complex and adaptable AI systems. These systems combine specialized talents to create holistic knowledge and decision-making, they can demonstrate better adaptability, robustness, and intelligence across a wide range of tasks and domains. Furthermore, rising demand of Industry 4.0 are gaining attention towards Europe Composite AI Market. Composite AI solutions play a crucial role in smart manufacturing by integrating AI-driven analytics, predictive maintenance, robotics, and IoT sensors to optimize production efficiency, quality control, and supply chain management.
Europe Composite AI Market is driven by government initiatives towards adoption of AI technologies and financial services modernization across the region. Government initiatives and funding support the development and adoption of AI technologies, including Composite AI, across Europe. Programs such as Horizon Europe and national AI strategies provide funding for research, development and deployment of AI solutions. In addition, Composite AI solutions enable banks and financial institutions to deploy advanced analytics, fraud detection, and customer relationship management systems. However, data security issues and shortage of skilled technicians is going to impede the overall demand for the market during the forecast period 2024-2032.
The key countries considered for the Europe Composite AI market study includes UK, Germany, France, Italy, Spain, and Rest of Europe. In 2023, Germany was the largest regional market in terms of revenue owing to factors such as increasing presence of key market players across the region. The presence of key market players fosters technology innovation within Europe's Composite AI ecosystem. These players bring expertise, resources, and best practices from global markets, driving collaboration and knowledge exchange with local stakeholders. Furthermore, the market in UK, on the other hand, is expected to grow at the fastest rate over the forecast period.
Major market player included in this report are:
SAP SE
Squirro AG
Graphcore Limited
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10
The detailed segments and sub-segment of the market are explained below:
by Offering
Software
Hardware
Services
by Industry Vertical
Data processing
Pattern recognition
Machine learning
Natural language processing
by Technique
Product design and development
Customer service
Fraud detection
Risk management
Supply chain management
by Application
Banking and financial services
Healthcare
Retail
Manufacturing
Transportation and logistics
Others
By Region:
Europe
UK
Germany
France
Spain
Italy
ROE
Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and Country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.
Europe Composite AI Market is driven by government initiatives towards adoption of AI technologies and financial services modernization across the region. Government initiatives and funding support the development and adoption of AI technologies, including Composite AI, across Europe. Programs such as Horizon Europe and national AI strategies provide funding for research, development and deployment of AI solutions. In addition, Composite AI solutions enable banks and financial institutions to deploy advanced analytics, fraud detection, and customer relationship management systems. However, data security issues and shortage of skilled technicians is going to impede the overall demand for the market during the forecast period 2024-2032.
The key countries considered for the Europe Composite AI market study includes UK, Germany, France, Italy, Spain, and Rest of Europe. In 2023, Germany was the largest regional market in terms of revenue owing to factors such as increasing presence of key market players across the region. The presence of key market players fosters technology innovation within Europe's Composite AI ecosystem. These players bring expertise, resources, and best practices from global markets, driving collaboration and knowledge exchange with local stakeholders. Furthermore, the market in UK, on the other hand, is expected to grow at the fastest rate over the forecast period.
Major market player included in this report are:
SAP SE
Squirro AG
Graphcore Limited
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10
The detailed segments and sub-segment of the market are explained below:
by Offering
Software
Hardware
Services
by Industry Vertical
Data processing
Pattern recognition
Machine learning
Natural language processing
by Technique
Product design and development
Customer service
Fraud detection
Risk management
Supply chain management
by Application
Banking and financial services
Healthcare
Retail
Manufacturing
Transportation and logistics
Others
By Region:
Europe
UK
Germany
France
Spain
Italy
ROE
Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and Country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.
CHAPTER 1. EUROPE COMPOSITE AI MARKET DEFINITION AND RESEARCH ASSUMPTIONS
1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
1.3.1. Inclusion & Exclusion
1.3.2. Limitations
1.3.3. Supply Side Analysis
1.3.3.1. Availability
1.3.3.2. Infrastructure
1.3.3.3. Regulatory Environment
1.3.3.4. Market Competition
1.3.3.5. Economic Viability (Consumer’s Perspective)
1.3.4. Demand Side Analysis
1.3.4.1. Regulatory frameworks
1.3.4.2. Technological Advancements
1.3.4.3. Environmental Considerations
1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Europe Composite AI Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
2.3.1. By Offering
2.3.2. By Industry Vertical
2.3.3. By Technique
2.3.4. By Application
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion
CHAPTER 3. EUROPE COMPOSITE AI MARKET DYNAMICS
3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities
CHAPTER 4. EUROPE COMPOSITE AI MARKET: INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
CHAPTER 5. EUROPE COMPOSITE AI MARKET SIZE & FORECASTS BY OFFERING 2022-2032
5.1. Software
5.2. Hardware
5.3. Services
CHAPTER 6. EUROPE COMPOSITE AI MARKET SIZE & FORECASTS BY INDUSTRY VERTICAL 2022-2032
6.1. Data processing
6.2. Pattern recognition
6.3. Machine learning
6.4. Natural language processing
CHAPTER 7. EUROPE COMPOSITE AI MARKET SIZE & FORECASTS BY TECHNIQUE 2022-2032
7.1. Product design and development
7.2. Customer service
7.3. Fraud detection
7.4. Risk management
7.5. Supply chain management
CHAPTER 8. EUROPE COMPOSITE AI MARKET SIZE & FORECASTS BY APPLICATION 2022-2032
8.1. Banking and financial services
8.2. Healthcare
8.3. Retail
8.4. Manufacturing
8.5. Transportation and logistics
8.6. Others
CHAPTER 9. EUROPE COMPOSITE AI MARKET SIZE & FORECASTS BY COUNTRY 2022-2032
9.1. U.K. Composite AI Market
9.1.1. Offering breakdown size & forecasts, 2022-2032
9.1.2. Industry Vertical breakdown size & forecasts, 2022-2032
9.1.3. Technique breakdown size & forecasts, 2022-2032
9.1.4. Application breakdown size & forecasts, 2022-2032
9.2. Germany Composite AI Market
9.3. France Composite AI Market
9.4. Spain Composite AI Market
9.5. Italy Composite AI Market
9.6. Rest of Europe Composite AI Market
CHAPTER 10. COMPETITIVE INTELLIGENCE
10.1. Key Company SWOT Analysis
10.1.1. Company
10.1.2. Company
10.1.3. Company
10.2. Top Market Strategies
10.3. Company Profiles
10.3.1. SAP SE
10.3.1.1. Key Information
10.3.1.2. Overview
10.3.1.3. Financial (Subject to Data Availability)
10.3.1.4. Product Summary
10.3.1.5. Market Strategies
10.3.2. Squirro AG
10.3.3. Graphcore Limited
10.3.4. Company
10.3.5. Company
10.3.6. Company
10.3.7. Company
10.3.8. Company
10.3.9. Company
10.3.10. Company
CHAPTER 11. RESEARCH PROCESS
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
1.3.1. Inclusion & Exclusion
1.3.2. Limitations
1.3.3. Supply Side Analysis
1.3.3.1. Availability
1.3.3.2. Infrastructure
1.3.3.3. Regulatory Environment
1.3.3.4. Market Competition
1.3.3.5. Economic Viability (Consumer’s Perspective)
1.3.4. Demand Side Analysis
1.3.4.1. Regulatory frameworks
1.3.4.2. Technological Advancements
1.3.4.3. Environmental Considerations
1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Europe Composite AI Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
2.3.1. By Offering
2.3.2. By Industry Vertical
2.3.3. By Technique
2.3.4. By Application
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion
CHAPTER 3. EUROPE COMPOSITE AI MARKET DYNAMICS
3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities
CHAPTER 4. EUROPE COMPOSITE AI MARKET: INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
CHAPTER 5. EUROPE COMPOSITE AI MARKET SIZE & FORECASTS BY OFFERING 2022-2032
5.1. Software
5.2. Hardware
5.3. Services
CHAPTER 6. EUROPE COMPOSITE AI MARKET SIZE & FORECASTS BY INDUSTRY VERTICAL 2022-2032
6.1. Data processing
6.2. Pattern recognition
6.3. Machine learning
6.4. Natural language processing
CHAPTER 7. EUROPE COMPOSITE AI MARKET SIZE & FORECASTS BY TECHNIQUE 2022-2032
7.1. Product design and development
7.2. Customer service
7.3. Fraud detection
7.4. Risk management
7.5. Supply chain management
CHAPTER 8. EUROPE COMPOSITE AI MARKET SIZE & FORECASTS BY APPLICATION 2022-2032
8.1. Banking and financial services
8.2. Healthcare
8.3. Retail
8.4. Manufacturing
8.5. Transportation and logistics
8.6. Others
CHAPTER 9. EUROPE COMPOSITE AI MARKET SIZE & FORECASTS BY COUNTRY 2022-2032
9.1. U.K. Composite AI Market
9.1.1. Offering breakdown size & forecasts, 2022-2032
9.1.2. Industry Vertical breakdown size & forecasts, 2022-2032
9.1.3. Technique breakdown size & forecasts, 2022-2032
9.1.4. Application breakdown size & forecasts, 2022-2032
9.2. Germany Composite AI Market
9.3. France Composite AI Market
9.4. Spain Composite AI Market
9.5. Italy Composite AI Market
9.6. Rest of Europe Composite AI Market
CHAPTER 10. COMPETITIVE INTELLIGENCE
10.1. Key Company SWOT Analysis
10.1.1. Company
10.1.2. Company
10.1.3. Company
10.2. Top Market Strategies
10.3. Company Profiles
10.3.1. SAP SE
10.3.1.1. Key Information
10.3.1.2. Overview
10.3.1.3. Financial (Subject to Data Availability)
10.3.1.4. Product Summary
10.3.1.5. Market Strategies
10.3.2. Squirro AG
10.3.3. Graphcore Limited
10.3.4. Company
10.3.5. Company
10.3.6. Company
10.3.7. Company
10.3.8. Company
10.3.9. Company
10.3.10. Company
CHAPTER 11. RESEARCH PROCESS
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
LIST OF TABLES
TABLE 1. Europe Composite AI market, report scope
TABLE 2. Europe Composite AI market estimates & forecasts by Country 2022-2032 (USD Million)
TABLE 3. Europe Composite AI market estimates & forecasts by Offering 2022-2032 (USD Million)
TABLE 4. Europe Composite AI market estimates & forecasts by Industry Vertical 2022-2032 (USD Million)
TABLE 5. Europe Composite AI market estimates & forecasts by Technique 2022-2032 (USD Million)
TABLE 6. Europe Composite AI market estimates & forecasts by Application 2022-2032 (USD Million)
TABLE 7. Europe Composite AI market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 8. Europe Composite AI market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 9. Europe Composite AI market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 10. Europe Composite AI market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 11. Europe Composite AI market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 12. Europe Composite AI market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 13. Europe Composite AI market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 14. Europe Composite AI market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 15. Europe Composite AI market by segment, estimates & forecasts, 2022-2032 (USD Million) Europe Composite AI market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 16. UK Composite AI market estimates & forecasts, 2022-2032 (USD Million)
TABLE 17. UK Composite AI market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 18. UK Composite AI market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 19. Germany Composite AI market estimates & forecasts, 2022-2032 (USD Million)
TABLE 20. Germany Composite AI market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 21. Germany Composite AI market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 22. France Composite AI market estimates & forecasts, 2022-2032 (USD Million)
TABLE 23. France Composite AI market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 24. France Composite AI market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 25. Italy Composite AI market estimates & forecasts, 2022-2032 (USD Million)
TABLE 26. Italy Composite AI market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 27. Italy Composite AI market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 28. Spain Composite AI market estimates & forecasts, 2022-2032 (USD Million)
TABLE 29. Spain Composite AI market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 30. Spain Composite AI market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 31. RoE Composite AI market estimates & forecasts, 2022-2032 (USD Million)
TABLE 32. RoE Composite AI market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 33. RoE Composite AI market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 34. List of secondary sources, used in the study of Europe Composite AI Market.
TABLE 35. List of primary sources, used in the study of Europe Composite AI Market.
TABLE 36. Years considered for the study.
TABLE 37. Exchange rates considered.
TABLE 1. Europe Composite AI market, report scope
TABLE 2. Europe Composite AI market estimates & forecasts by Country 2022-2032 (USD Million)
TABLE 3. Europe Composite AI market estimates & forecasts by Offering 2022-2032 (USD Million)
TABLE 4. Europe Composite AI market estimates & forecasts by Industry Vertical 2022-2032 (USD Million)
TABLE 5. Europe Composite AI market estimates & forecasts by Technique 2022-2032 (USD Million)
TABLE 6. Europe Composite AI market estimates & forecasts by Application 2022-2032 (USD Million)
TABLE 7. Europe Composite AI market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 8. Europe Composite AI market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 9. Europe Composite AI market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 10. Europe Composite AI market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 11. Europe Composite AI market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 12. Europe Composite AI market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 13. Europe Composite AI market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 14. Europe Composite AI market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 15. Europe Composite AI market by segment, estimates & forecasts, 2022-2032 (USD Million) Europe Composite AI market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 16. UK Composite AI market estimates & forecasts, 2022-2032 (USD Million)
TABLE 17. UK Composite AI market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 18. UK Composite AI market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 19. Germany Composite AI market estimates & forecasts, 2022-2032 (USD Million)
TABLE 20. Germany Composite AI market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 21. Germany Composite AI market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 22. France Composite AI market estimates & forecasts, 2022-2032 (USD Million)
TABLE 23. France Composite AI market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 24. France Composite AI market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 25. Italy Composite AI market estimates & forecasts, 2022-2032 (USD Million)
TABLE 26. Italy Composite AI market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 27. Italy Composite AI market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 28. Spain Composite AI market estimates & forecasts, 2022-2032 (USD Million)
TABLE 29. Spain Composite AI market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 30. Spain Composite AI market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 31. RoE Composite AI market estimates & forecasts, 2022-2032 (USD Million)
TABLE 32. RoE Composite AI market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 33. RoE Composite AI market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 34. List of secondary sources, used in the study of Europe Composite AI Market.
TABLE 35. List of primary sources, used in the study of Europe Composite AI Market.
TABLE 36. Years considered for the study.
TABLE 37. Exchange rates considered.
LIST OF FIGURES
FIG 1. Europe Composite AI market, research methodology
FIG 2. Europe Composite AI market, market estimation techniques
FIG 3. Europe market size estimates & forecast methods.
FIG 4. Europe Composite AI market, key trends 2023
FIG 5. Europe Composite AI market, growth prospects 2022-2032
FIG 6. Europe Composite AI market, porters 5 force model
FIG 7. Europe Composite AI market, pestel analysis
FIG 8. Europe Composite AI market, value chain analysis
FIG 9. Europe Composite AI market by segment, 2022 & 2032 (USD Million)
FIG 10. Europe Composite AI market by segment, 2022 & 2032 (USD Million)
FIG 11. Europe Composite AI market by segment, 2022 & 2032 (USD Million)
FIG 12. Europe Composite AI market by segment, 2022 & 2032 (USD Million)
FIG 13. Europe Composite AI market by segment, 2022 & 2032 (USD Million)
FIG 14. Europe Composite AI market, Country snapshot 2022 & 2032
FIG 15. Europe Composite AI market 2022 & 2032 (USD Million)
FIG 16. Europe Composite AI market, company market share analysis (2023)
FIG 1. Europe Composite AI market, research methodology
FIG 2. Europe Composite AI market, market estimation techniques
FIG 3. Europe market size estimates & forecast methods.
FIG 4. Europe Composite AI market, key trends 2023
FIG 5. Europe Composite AI market, growth prospects 2022-2032
FIG 6. Europe Composite AI market, porters 5 force model
FIG 7. Europe Composite AI market, pestel analysis
FIG 8. Europe Composite AI market, value chain analysis
FIG 9. Europe Composite AI market by segment, 2022 & 2032 (USD Million)
FIG 10. Europe Composite AI market by segment, 2022 & 2032 (USD Million)
FIG 11. Europe Composite AI market by segment, 2022 & 2032 (USD Million)
FIG 12. Europe Composite AI market by segment, 2022 & 2032 (USD Million)
FIG 13. Europe Composite AI market by segment, 2022 & 2032 (USD Million)
FIG 14. Europe Composite AI market, Country snapshot 2022 & 2032
FIG 15. Europe Composite AI market 2022 & 2032 (USD Million)
FIG 16. Europe Composite AI market, company market share analysis (2023)
