Name: Europe Artificial Intelligence Market Research Report | Size, Share & Growth Insights, Industry Latest Trends and Future Forecast to 2032
Creator: IMARC Group
License: https://www.imarcgroup.com/privacy-policy
Keywords: Europe Artificial Intelligence Market Report

Europe Artificial Intelligence Market Report by Type (Narrow/Weak Artificial Intelligence, General/Strong Artificial Intelligence), Offering (Hardware, Software, Services), Technology (Machine Learning, Natural Language Processing, Context-Aware Computing, Computer Vision, and Others), System (Intelligence Systems, Decision Support Processing, Hybrid Systems, Fuzzy Systems), End-Use Industry (Healthcare, Manufacturing, Automotive, Agriculture, Retail, Security, Human Resources, Marketing, Financial Services, Transportation and Logistics, and Others), and Country 2024-2032

Report Format: PDF+Excel | Report ID: SR112025A3954

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Market Overview:

The Europe artificial intelligence market size reached US$ 22.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 184.0 Billion by 2032, exhibiting a growth rate (CAGR) of 25.32% during 2024-2032.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Size in 2023	US$ 22.8 Billion
Market Forecast in 2032	US$ 184.0 Billion
Market Growth Rate (2024-2032)	25.32%

Artificial intelligence (AI) is a computer science segment that aims to develop programmable machines by simulating human intelligence. AI-integrated machines can recognize human-like speech and solve problems based on previous experiences. Their hardware components include chipsets with computing abilities, such as central processing unit (CPU), graphics processing unit (GPU), field-programmable gate array (FPGA) and application-specific integrated circuits (ASIC). Moreover, the software components comprise core technologies like augmented and virtual reality (AR/VR), deep learning, machine learning (ML), and natural language processing (NLP), which is used to process large amounts of data.

The market is experiencing growth on account of Horizon 2020, which is a research and innovation program undertaken by the European Commission for increasing the annual investments in AI by 70%. The program helps to connect and strengthen AI research centers in different countries of Europe for supporting the development of AI applications. Besides this, the coronavirus disease (COVID-19) outbreak has propelled leading pharmaceutical vendors to invest in the research and development (R&D) of AI, which is positively influencing the market in the region.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the Europe artificial intelligence market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on type, offering, technology, system and end-use industry.

Breakup by Type:

Narrow/Weak Artificial Intelligence
General/Strong Artificial Intelligence

Breakup by Offering:

Hardware
Software
Services

Breakup by Technology:

Machine Learning
Natural Language Processing
Context-Aware Computing
Computer Vision
Others

Breakup by System:

Intelligence Systems
Decision Support Processing
Hybrid Systems
Fuzzy Systems

Breakup by End-Use Industry:

Healthcare
Manufacturing
Automotive
Agriculture
Retail
Security
Human Resources
Marketing
Financial Services
Transportation and Logistics
Others

Breakup by Country:

Germany
France
United Kingdom
Italy
Spain
Others

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Billion
Segment Coverage	Type, Offering, Technology, System, End-Use Industry, Country
Countries Covered	Germany, France, United Kingdom, Italy, Spain, Others
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the Europe artificial intelligence market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the Europe artificial intelligence market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the offering?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the system?
What is the breakup of the market based on the end-use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the Europe artificial intelligence market and who are the key players?
What is the degree of competition in the industry?

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