The Europe Financial Analytics Market is expected to witness market growth of 10.5% CAGR during the forecast period (2022-2028).
Financial analysis software can increase the pace of report development and present data in a graphical executive dashboard, which is more easily readable and analyzed than a succession of spreadsheets with pivot tables. The proportionate analysis of a financial statement is referred to as vertical analysis.
Many analysts consider predictive analytics to be a critical component of the financial industry's digital transition. To enhance forecasting and decision-making, a vital aspect is the ability to review past and fresh data to assess what's important to a certain organization- be it macroeconomic statistics, petroleum prices, or industry trends.
Most businesses have a clear idea of where to go and what it wants to accomplish. These objectives can be written down and placed on a strategy map that identifies the company's value drivers. Value driver analytics evaluates these levers to confirm that it is capable of achieving the desired result. Profits and losses, as well as how investors, analysts, and the media interpret them, can have an impact on the company's stock market success. The worth of a firm is determined by the profits it provides to its shareholders. In other words, it assesses a plan's financial consequences and reports on how much value the approach is producing to shareholders. Profit and revenue analytics are utilized in tandem with shareholder value analytics.
With the increased use of financial analytics tools by wealth management businesses to gain the interest of investors and maintain a competitive edge and compliance in the market, the financial analytics market for wealth management in Germany is experiencing a decent growth. There are some studies, which shows that financial advisors are the most trusted source of wealth development for over half of millennial in the region. This has boosted the demand for financial analytics in wealth creation and management apps, ensuring speedy access to data-driven decisions.
The French National Health Insurance Fund (CNAM) has stated a strong desire to work with health tech companies to achieve its objective of developing a safe and tailored "digital health environment" for every French resident. Every citizen is expected to have accessibility to all of their health data and services across their lives due to this health space. To guarantee seamless payment integrity claims processing, and fraud and risk assessment, healthcare institutions will largely rely on financial analytics.
The Germany market dominated the Europe Financial Analytics Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $1,095.5 million by 2028. The UK market is experiencing a CAGR of 9.6% during (2022 - 2028). Additionally, The France market is expected to exhibit a CAGR of 11.3% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Deployment Model, the market is segmented into On-premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises (SMEs). Based on Vertical, the market is segmented into BFSI, Manufacturing, Government & Public Sector, Telecom & IT, Retail & Ecommerce, Healthcare & Life Sciences, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Tibco Software, Inc. (Vista Equity Partners), Rosslyn Data Technologies, Harman International Industries, Inc. (Samsung Electronics Co., Ltd.), Teradata Corporation, SAP SE, Oracle Corporation, Microsoft Corporation, IBM Corporation, Deloitte Touche Tohmatsu Limited, and Hitachi Vantara LLC (Hitachi Ltd.)
Financial analysis software can increase the pace of report development and present data in a graphical executive dashboard, which is more easily readable and analyzed than a succession of spreadsheets with pivot tables. The proportionate analysis of a financial statement is referred to as vertical analysis.
Many analysts consider predictive analytics to be a critical component of the financial industry's digital transition. To enhance forecasting and decision-making, a vital aspect is the ability to review past and fresh data to assess what's important to a certain organization- be it macroeconomic statistics, petroleum prices, or industry trends.
Most businesses have a clear idea of where to go and what it wants to accomplish. These objectives can be written down and placed on a strategy map that identifies the company's value drivers. Value driver analytics evaluates these levers to confirm that it is capable of achieving the desired result. Profits and losses, as well as how investors, analysts, and the media interpret them, can have an impact on the company's stock market success. The worth of a firm is determined by the profits it provides to its shareholders. In other words, it assesses a plan's financial consequences and reports on how much value the approach is producing to shareholders. Profit and revenue analytics are utilized in tandem with shareholder value analytics.
With the increased use of financial analytics tools by wealth management businesses to gain the interest of investors and maintain a competitive edge and compliance in the market, the financial analytics market for wealth management in Germany is experiencing a decent growth. There are some studies, which shows that financial advisors are the most trusted source of wealth development for over half of millennial in the region. This has boosted the demand for financial analytics in wealth creation and management apps, ensuring speedy access to data-driven decisions.
The French National Health Insurance Fund (CNAM) has stated a strong desire to work with health tech companies to achieve its objective of developing a safe and tailored "digital health environment" for every French resident. Every citizen is expected to have accessibility to all of their health data and services across their lives due to this health space. To guarantee seamless payment integrity claims processing, and fraud and risk assessment, healthcare institutions will largely rely on financial analytics.
The Germany market dominated the Europe Financial Analytics Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $1,095.5 million by 2028. The UK market is experiencing a CAGR of 9.6% during (2022 - 2028). Additionally, The France market is expected to exhibit a CAGR of 11.3% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Deployment Model, the market is segmented into On-premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises (SMEs). Based on Vertical, the market is segmented into BFSI, Manufacturing, Government & Public Sector, Telecom & IT, Retail & Ecommerce, Healthcare & Life Sciences, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Tibco Software, Inc. (Vista Equity Partners), Rosslyn Data Technologies, Harman International Industries, Inc. (Samsung Electronics Co., Ltd.), Teradata Corporation, SAP SE, Oracle Corporation, Microsoft Corporation, IBM Corporation, Deloitte Touche Tohmatsu Limited, and Hitachi Vantara LLC (Hitachi Ltd.)
Scope of the Study
Market Segments Covered in the Report:
By Component
- Solution
- Services
By Deployment Model
- On-premise
- Cloud
By Organization Size
- Large Enterprises
- Small & Medium-sized Enterprises (SMEs)
By Vertical
- BFSI
- Manufacturing
- Government & Public Sector
- Telecom & IT
- Retail & Ecommerce
- Healthcare & Life Sciences
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Tibco Software, Inc. (Vista Equity Partners)
- Rosslyn Data Technologies
- Harman International Industries, Inc. (Samsung Electronics Co., Ltd.)
- Teradata Corporation
- SAP SE
- Oracle Corporation
- Microsoft Corporation
- IBM Corporation
- Deloitte Touche Tohmatsu Limited
- Hitachi Vantara LLC (Hitachi Ltd.)
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. Europe Financial Analytics Market by Component
Chapter 5. Europe Financial Analytics Market by Deployment Model
Chapter 6. Europe Financial Analytics Market by Organization Size
Chapter 7. Europe Financial Analytics Market by Vertical
Chapter 8. Europe Financial Analytics Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Tibco Software, Inc. (Vista Equity Partners)
- Rosslyn Data Technologies
- Harman International Industries, Inc. (Samsung Electronics Co., Ltd.)
- Teradata Corporation
- SAP SE
- Oracle Corporation
- Microsoft Corporation
- IBM Corporation
- Deloitte Touche Tohmatsu Limited
- Hitachi Vantara LLC (Hitachi Ltd.)
Methodology
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