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Europe Artificial Intelligence (AI) Market: AI Applications and Industry-specific Solutions in the Forecast Period 2024-2030

Europe Artificial Intelligence Market Overview.

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Analysis and Development in the Europe Artificial Intelligence Market:

The Europe Artificial Intelligence Market size was valued at USD 304.02 Billion in 2023 and the total Europe Artificial Intelligence (AI) revenue is expected to grow at a CAGR of 36.38 % from 2024 to 2030, reaching nearly USD 2667.82 Billion by 2030.

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Market Scope and Methodology:
The research on the Europe Artificial Intelligence market employs a comprehensive approach, combining qualitative and quantitative research methods. Key analysis tools such as SWOT, PESTLE, and Porter’s five forces are utilized to provide a thorough understanding of the market landscape. The research encompasses the identification of market growth drivers and restraints, contributing to a holistic analysis of the Europe Artificial Intelligence market. This report serves as a valuable guide for investors, stakeholders, and market followers, offering insights to navigate the complexities of the Europe Artificial Intelligence market.

Europe Artificial Intelligence Market Segmentation:

by Technology

Machine Learning
Natural Language Processing (NLP)
Computer Vision

Based on Technology, Machine Learning dominated the Europe Artificial Intelligence (AI) Market in 2023 as it finds extensive use across industries such as finance, healthcare, and marketing. Its adaptable nature allows for predictive analytics, personalized recommendations, and process optimization. Natural Language Processing (NLP) follows suit, witnessing notable adoption in customer service, translation services, and sentiment analysis, enhancing interactions through chatbots and language processing.
by Component


Based on Application, Healthcare segment dominated the Europe Artificial Intelligence (AI) Market in 2023 and is expected to maintain its dominance over the forecast period. It leveraging AI for diagnostic imaging, drug discovery, and personalized medicine, significantly improving patient care and treatment outcomes. Automotive sees rapid integration of AI in autonomous vehicles, enhancing safety features and revolutionizing transportation. In the BFSI sector, AI algorithms drive fraud detection, risk assessment, and personalized financial services, ensuring secure transactions and efficient operations.
by Deployment Model

by Application

by End User

Small and Medium-sized Enterprises (SMEs)
Healthcare Providers

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Europe Artificial Intelligence Market Regional Insights
The Europe Artificial Intelligence market is broadly segmented into North America, Europe, Asia Pacific, Latin America, theMiddle East, and Africa. The report includes a thorough analysis of all the factors, market size,growth rate, and import and export in regions.

Key Players

1. DeepMind Technologies, London, United Kingdom
2. Cognizant Softvision, Bucharest, Romania
3. UiPath, Bucharest, Romania
4. BenevolentAI, London, United Kingdom
5. Darktrace, Cambridge, United Kingdom
6. Dataiku, Paris, France
7. Babylon Health, London, United Kingdom
8. Zalando, Berlin, Germany
9. Freenome, San Francisco, United States (with a strong presence in Europe)
10. Graphcore, Bristol, United Kingdom
11. ThoughtSpot, London, United Kingdom
12. Cyberdyne, Tsukuba, Japan (with a European base in the Netherlands)
13. Luminance, London, United Kingdom
14. Peak AI, Manchester, United Kingdom
15. Leverton (MRI Software), Berlin, Germany

List of Contents :  Europe Artificial Intelligence Market

Part 01: Executive Summary

Part 02: Scope of the Europe Artificial Intelligence Market Report

Part 03: Europe Artificial Intelligence Market Landscape

Part 04: Europe Artificial Intelligence Market Sizing

Part 05: Europe Artificial Intelligence Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Key Questions Answered in the Europe Artificial Intelligence Market:
What is Europe Artificial Intelligence ?
What was the Europe Artificial Intelligence market size in 2023?
What are the different segments of the Europe Artificial Intelligence Market?
What growth strategies are the players considering to increase their presence in Europe Artificial Intelligence ?
What are the upcoming industry applications and trends for the Europe Artificial Intelligence Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Europe Artificial Intelligence Market?
What major challenges could the Europe Artificial Intelligence Market face in the future?
What segments are covered in the Europe Artificial Intelligence Market?
Who are the leading companies and what are their portfolios in Europe Artificial Intelligence Market?
Who are the key players in the Europe Artificial Intelligence market?

Key Offerings

  • Historical data on market size and competitive landscape to provide insights into past market trends.
  • Analysis of pricing trends and curves in different regions over the past years.
  • Projections for market size, share, and forecast for various segments in the coming years.
  • In-depth analysis of factors influencing market dynamics, including growth drivers, restraints, and key trends, specific to different regions.
  • Comprehensive segmentation analysis, detailing different segments and their sub-segments across regions.
  • Detailed profiles of key players, categorizing them as market leaders, followers, or regional players. Competitive benchmarking by region is also provided.
  • Examination of the political, economic, social, technological, legal, and environmental factors influencing the Europe Artificial Intelligence market.
  • Strategic analysis using Porter’s Five Forces model to evaluate the competitive forces within the Europe Artificial Intelligence market.
  • Comprehensive analysis of the value chain and supply chain in the Europe Artificial Intelligence market.
  • Exploration of legal aspects impacting business operations in different regions.
  • Identification of lucrative business opportunities through a SWOT analysis.
  • Strategic recommendations based on the analysis to guide stakeholders in the Europe Artificial Intelligence market.

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