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EMEA Big Data Analytics in Semiconductor and Electronics Market Size Is Booming Worldwide | KX Systems, Microsoft Corporation, SAP SE, SAS Institute, Splunk TIBCO Software
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Governmental organizations are boosting their maintenance budgets for system infrastructure while simultaneously funding initiatives for project development, modernization, and enhancement. As a result of the investments' success, ICT vendors now annually set aside funding for the growth of the online market. Global ICT exports are anticipated to increase 3.9% on average year from US$ 784.3 billion in 2021 to US$ 955.19 billion in 2030. Global supply has increased by 9.5% yearly since 2009. In terms of global ICT exports in 2021, Ireland came in first place with US$ 169. 32 billion. The rankings placed China at number 4, the United States at number 2, and India at number 3. Since 2009, Brunei has increased by 228.2% year over year, while Sierra Leone has decreased by 61.7% year over year.
By 2026, European ICT Revenue is likely to increase by 1.5% annually, from US$ 1,802,413 Million in 2021 to US$ 1,933,429 Million. The European market has increased by 3.1% annually since 2016. In terms of ICT Revenue in Europe in 2021, Germany came in first place with US$ 339,074 million. Positions 2, 3, and 4 in this ranking were held by the United Kingdom, France, and Ireland, respectively. Since 2016, Malta has increased by 16.5% year over year, while Italy has decreased by 0.2%.
Surge in adoption of big data analytics software by various organizations to facilitate enhanced & faster decision-making and surge in need to provide competitive advantage by analyzing & acting upon information in a timely manner significantly boost the growth of the EMEA big data analytics in semiconductor & electronics market. In addition, increase in demand for cloud-based big data analytics solutions among enterprises positively impacts the growth of the market.
However, high implementation cost and dearth of skilled workforce in developing economies are expected to hamper the market growth. On the other hand, rise in adoption of IoT devices coupled with the ongoing Industry 4.0 trend, increase in need to gain better insights for business planning, and surge in adoption of social media analytics tools are expected to offer remunerative opportunities for the expansion of the market during the forecast period. The EMEA big data analytics in semiconductor & electronics market is segmented into component, deployment model, end user, analytics tool, application, usage, and region.
In terms of component, the market is fragmented into software and services. On the basis of deployment mode, the market is bifurcated into on-premise and cloud. Depending on end user, it is bifurcated into semiconductor and electronics. On the basis of analytics tool, it is categorized into dashboard & data visualization, data mining & warehousing, self-service tools, reporting, and others. By application, it is segregated into customer analytics, supply chain analytics, marketing analytics, pricing analytics, workforce analytics, and others. By usage, the market is segmented into sales & marketing, fault detection & classification, predictive maintenance, virtual meterology, process optimization, yield prediction, others. Country wise, the market is analyzed across Germany, France, the UK, Italy, Turkey, Saudi Arabia, UAE, Switzerland, South Africa, Nigeria, and rest of EMEA.
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KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the EMEA big data analytics in semiconductor & electronics market along with current trends and future estimations to elucidate imminent investment pockets.
- Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report.
- Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of EMEA big data analytics in semiconductor & electronics market for the period 2020-2027 is provided to determine the market potential.
KEY MARKET PLAYERS
- Amazon Web Services
- Cisco systems, Inc.
- Dell EMC
- International Business Machines Corporation
- KX Systems, Inc.
- Microsoft Corporation
- SAP SE
- SAS Institute Inc.
- Splunk Inc.
- TIBCO Software Inc.
KEY MARKET SEGMENTS
BY COMPONENT
- Solution
- Services
BY DEPLOYMENT MODE
- On-premise
- Cloud-based
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BY END USER
- Semiconductor
- Electronics
BY ANALYTICAL TOOL
- Dashboard & Data Visualization
- Reporting
- Self Service Tools
- Data Mining & Warehousing
- Others
- Dashboard & Data Visualization
- Reporting
- Self-service Tools
- Data Mining & Warehousing
- Others
BY APPLICATIONS
- Customer Analytics
- Supply Chain Analytics
- Marketing Analytics
- Pricing Analytics
- Workforce Analytics
- Others
BY USAGE
- Sales & Marketing
- Fault Detection & Classification
- Predictive Maintenance
- Virtual Meterology
- Process Optimization
- Yield Prediction
- Others
BY COUNTRY
- Germany
- France
- UK
- Italy
- Turkey
- Saudi Arabia
- UAE
- Switzerland
- South Africa
- Nigeria
- Rest of EMEA
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