The Europe No-code AI Platform Market should witness market growth of 25.4% CAGR during the forecast period (2023-2030).
No-code Al platformsgive non-Al experts and non-programmers the resources they need to implement Al projects. They can be used in efforts by all practitioners and experts. Al platforms that don't require coding may not be as powerful as Al platforms that do. They continue to fulfill the crucial role of leveraging Al to create projects and software for a larger group of users, including beginners.
It is anticipated that an increasing number of Al businesses would have a favorable effect on the market. The distance between domain experts and Al specialists widens as the number of domain experts increases. Domain specialists are able to solve technology-related issues with the help of AIprofessionals' wide knowledge. Domain experts would have additional opportunities to interact with Al professionals and test their ideas using no-code Al tools.
Artificial intelligence (AI) has significantly impacted daily lives in recent years, owing to its potential to boost productivity and economic growth. The European Institute of Innovation and Technology (EIT), an organization of the European Union, is well-positioned to assist Europe in maximizing the potential of Artificial Intelligence and keeping up with the AI technological race because of its extensive network and comprehensive thematic coverage. 1,600 early-stage AI software firms are based in Europe and AI entrepreneurship is gaining popularity across the region. The value proposition of one in twelve companies now centers on AI. The UK, Germany, and France, three major AI players in Europe, are moving quickly from strategic frameworks to AI practices. With funding estimated to reach €1.14 billion in 2019, French AI startups received the greatest funding across Europe.
FinTech, HealthTech, MadTech (marketing, advertising, and technology), automotive, and business intelligenceare listed by the European Commission as the top 5 industries in which AI businesses operate. European AI startups generated €6.7 billion in 2020, nearly twice as much as in 2017. Future AI practices will maintain the EU's dominant position in the digitized B2B sectorwhile constructing the next edge-cloud ecosystem as cloud architecture shifts from a consumer-focused, centrally based model to an industrialized and distributed edge-cloud architecture. Since these tools are so widely used and are in demand, the market will grow quickly.
The Germany market dominated the Europe No-code AI Platform Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,115.3 million by 2030. The UK market would showcase a CAGR of 24.3% during (2023-2030). Additionally, The France market is anticipated to grow at a CAGR of 26.3% during (2023-2030).
Based on Component, the market is segmented into Platform (Without Services) and Services. Based on Technology, the market is segmented into Natural Language Processing, Computer Vision, Predictive Analytics, and Others. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on End-use, the market is segmented into Telecom & IT, BFSI, Retail & E-Commerce, Healthcare & Lifesciences, Government, Energy & Utilities 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 Apple, Inc., Amazon.com, Inc., Google LLC (Alphabet Inc.), Microsoft Corporation, DataRobot, Inc., QuickBase, Inc., Akkio, Inc., Caspio, Inc., Clarifai, Inc., and Levity AI GmbH.
No-code Al platformsgive non-Al experts and non-programmers the resources they need to implement Al projects. They can be used in efforts by all practitioners and experts. Al platforms that don't require coding may not be as powerful as Al platforms that do. They continue to fulfill the crucial role of leveraging Al to create projects and software for a larger group of users, including beginners.
It is anticipated that an increasing number of Al businesses would have a favorable effect on the market. The distance between domain experts and Al specialists widens as the number of domain experts increases. Domain specialists are able to solve technology-related issues with the help of AIprofessionals' wide knowledge. Domain experts would have additional opportunities to interact with Al professionals and test their ideas using no-code Al tools.
Artificial intelligence (AI) has significantly impacted daily lives in recent years, owing to its potential to boost productivity and economic growth. The European Institute of Innovation and Technology (EIT), an organization of the European Union, is well-positioned to assist Europe in maximizing the potential of Artificial Intelligence and keeping up with the AI technological race because of its extensive network and comprehensive thematic coverage. 1,600 early-stage AI software firms are based in Europe and AI entrepreneurship is gaining popularity across the region. The value proposition of one in twelve companies now centers on AI. The UK, Germany, and France, three major AI players in Europe, are moving quickly from strategic frameworks to AI practices. With funding estimated to reach €1.14 billion in 2019, French AI startups received the greatest funding across Europe.
FinTech, HealthTech, MadTech (marketing, advertising, and technology), automotive, and business intelligenceare listed by the European Commission as the top 5 industries in which AI businesses operate. European AI startups generated €6.7 billion in 2020, nearly twice as much as in 2017. Future AI practices will maintain the EU's dominant position in the digitized B2B sectorwhile constructing the next edge-cloud ecosystem as cloud architecture shifts from a consumer-focused, centrally based model to an industrialized and distributed edge-cloud architecture. Since these tools are so widely used and are in demand, the market will grow quickly.
The Germany market dominated the Europe No-code AI Platform Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,115.3 million by 2030. The UK market would showcase a CAGR of 24.3% during (2023-2030). Additionally, The France market is anticipated to grow at a CAGR of 26.3% during (2023-2030).
Based on Component, the market is segmented into Platform (Without Services) and Services. Based on Technology, the market is segmented into Natural Language Processing, Computer Vision, Predictive Analytics, and Others. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on End-use, the market is segmented into Telecom & IT, BFSI, Retail & E-Commerce, Healthcare & Lifesciences, Government, Energy & Utilities 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 Apple, Inc., Amazon.com, Inc., Google LLC (Alphabet Inc.), Microsoft Corporation, DataRobot, Inc., QuickBase, Inc., Akkio, Inc., Caspio, Inc., Clarifai, Inc., and Levity AI GmbH.
Scope of the Study
By Component
- Platform (Without Services)
- Services
By Technology
- Natural Language Processing
- Computer Vision
- Predictive Analytics
- Others
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
By Deployment Type
- On-premise
- Cloud
By End-use
- Telecom & IT
- BFSI
- Retail & E-Commerce
- Healthcare & Lifesciences
- Government
- Energy & Utilities
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Apple, Inc.
- Amazon.com, Inc.
- Google LLC (Alphabet Inc.)
- Microsoft Corporation
- DataRobot, Inc.
- QuickBase, Inc.
- Akkio, Inc.
- Caspio, Inc.
- Clarifai, Inc.
- Levity AI GmbH
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Europe No-code AI Platform Market by Component
Chapter 6. Europe No-code AI Platform Market by Technology
Chapter 7. Europe No-code AI Platform Market by Enterprise Size
Chapter 8. Europe No-code AI Platform Market by Deployment Type
Chapter 9. Europe No-code AI Platform Market by End-use
Chapter 10. Europe No-code AI Platform Market by Country
Chapter 11. Company Profiles
Companies Mentioned
- Apple, Inc.
- Amazon.com, Inc.
- Google LLC (Alphabet Inc.)
- Microsoft Corporation
- DataRobot, Inc.
- QuickBase, Inc.
- Akkio, Inc.
- Caspio, Inc.
- Clarifai, Inc.
- Levity AI GmbH
Methodology
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