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European Artificial Intelligence Market Trends, Segments, Demand and Forecast to 2025

01-14-2020 10:35 AM CET | Industry, Real Estate & Construction

Press release from: Orion Market Research

Artificial Intelligence Market

Artificial Intelligence Market

The European Artificial Intelligence market is estimated to grow significantly at a CAGR of 34.4% during the forecast period. Europe has a huge potential for the growth of AI owing to an advanced economy and significant investment. European Union is one of the unique economic and political unions amongst countries that together cover much of the continent. UK, Spain, Germany, France, and Italy are the major economies of Europe which are contributing significantly towards the growth of the market.

Get Sample Copy of European Artificial Intelligence Market at: https://www.omrglobal.com/request-sample/european-artificial-intelligence-market

Some of the companies which are contributing to the growth of the European AI market include AIBrain Inc., Google LLC, IBM Corp., Microsoft Corp., Medtronic PLC and others.

One of the major motivating factors that push the European region upward is the presence of supportive government initiatives. Europe is a fully developed region in terms of technological advancement. In April 2018, the European Commission planned to invest $10.5 billion to develop the first-ever Digital Europe program. Digital Europe program will significantly raise the competitive position of Europe Union in the international market. Within the program, Europe commission will invest to develop and reinforce the capabilities such as high-performance, computing, AI, cybersecurity, and advanced digital skills.

For More Information get A full report of European Artificial Intelligence is available at: https://www.omrglobal.com/industry-reports/european-artificial-intelligence-market

The market is segmented on the basis of offering, end-user industry, and country. Based on offering, the market is divided into software & services and hardware. The market for software and services was the highest market during the forecast period. Based on the end-user industry, the market is segmented into manufacturing, automotive, IT and BFSI, healthcare, e-commerce & logistics, home appliances, and others. On the basis of country, the market covers the analysis of UK, Spain, Germany, France, Italy, and Rest of Europe.

European Artificial Intelligence Market Segmentation

European Artificial Intelligence Market by Offering

• Hardware
• Software & Services

European Artificial Intelligence Market by End-User Industry

• Manufacturing
• Automotive
• IT and BFSI
• Healthcare
• E-Commerce & Logistics
• Home Appliances
• Other (Agriculture, Energy & Utilities, Media & Entertainment, Education)

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/european-artificial-intelligence-market

Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 7803040404

About Orion Market Research

OMR provide global and regional market reports of various domains such as healthcare, energy, IT, chemicals, and automobiles. OMR provide a 360-degree view of the market with parametric analysis, key market insights, key findings, statistical forecasts, competitive landscape, extensive segmentation, key trends, strategic recommendations and detailed company profiles.

For More Information, Visit https://www.omrglobal.com/

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