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Publication: July 2024
Report Type: Tracker
Report Format: PDF DataSheet
Report ID: AI42672 
  Pages: 160+  

Western Europe Artificial Intelligence Market Size and Forecast by Type, Deployment Model, Industry, Organization Size, and Country: 2019-2032

Report Format: PDF DataSheet |   Pages: 160+  

 July 2024  | 

Western Europe Artificial Intelligence Market Growth and Performance

  • In 2023, the Western Europe artificial intelligence market was valued at US$ 37.87 Billion, reflecting a year-on-year growth rate of 50.5%.
  • By the end of 2032, the Western Europe artificial intelligence market size is forecast to reach US$ 440.31 Billion, registering a CAGR of 31.7% during the forecast period.
  • In 2032, the generative ai segment is projected to experience a significant upsurge in market revenue, reaching US$ 151.30 Billion. This segment is likely to be the largest segment, with 31.3% market share.
  • In terms of spending on associated solutions and services, IT and telecom sector dominated the artificial intelligence market in Western Europe in 2023.

Western Europe Artificial Intelligence Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2024

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Type

AI Robotic

Autonomous & Sensor Technolog

AI Computer Visio

Generative A

Machine Learnin

Natural Language Processin

Deployment Model

On-premis

Cloud-base

Hybri

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Organization Size

Large Enterprise

Mid Enterprise

Small Enterprise

Western Europe Artificial Intelligence Industry: Regional Coverage

 

Countries

Western Europe

U

German

Franc

Ital

Spai

Benelu

Nordic

Rest of Western Europ


*Research Methodology: This report is based on DataCube’s proprietary 3-stage forecasting model, combining primary research, secondary data triangulation, and expert validation. [Learn more]