European Business Software and Services Market
European Business Software and Services Market Size, Share & Trends Analysis Report by Software (Finance, Human Resource, Sales and Marketing, and Supply Chain), By Service (Consultancy Service, Maintenance & Operational Service, and Managed Service) By Deployment Model (On-Premise and Cloud), By Size (Small and Medium Enterprises and Large Enterprises), By End-User (Aerospace and Defense, BFSI, Government, Healthcare, IT and Telecom, Manufacturing, Retail, and Others) Forecast Period, 2021-2027 Update Available - Forecast 2024-2030
European business software and services market is projected to grow at a modest CAGR of nearly 9.0% during the forecast period (2021-2027). The key aspect that drives the growth of the market includes the increase in adoption of blockchain technology, increase in demand for job advertising software and CRM.
Impact of COVID-19
COVID-19 pandemic has affected economies and industries in many countries; however, IT is the least affected industry. The pandemic gave rise to the adoption of digital services to easy workflow; therefore, the COVID-19 pandemic has a positive impact on the business software and services market. In Europe, Russia is the hardest-hit country due to a large number of registered COVID-19 cases in the country.
European business software and services market is segmented based on software, services, deployment type, size, and end-user. Based on software, the market is segmented into finance, human resource, sales and marketing, supply chain. Based on service, the market is segmented into consultancy service, maintenance & operation service, and managed service. Based on the deployment type, the market is segmented into on-premise and cloud. Based on the deployment model, cloud-based Business software and services solutions are anticipated to hold a considerable share during the forecast period 2021-2027. The growing adoption of cloud-based solutions owing to their offered advantages is a key factor driving the growth of the cloud deployment mode; which in turn driving the growth of this segment. Based on the size, the market is segmented into small and medium enterprises and large enterprises. Based on end-user, the market is segmented into aerospace and defense, BFSI, government, healthcare, IT and telecom, manufacturing, retail, and others.
European business software and services market is segmented into Germany, Spain, Italy, France, and the Rest of Europe. Germany is likely to hold a major share in the European business software and services market during the forecast period owing to its high spending on the R&D for technologies and software, and the presence of major software service providers. Spain and Italy hold a significant share in the European business software and services market, followed by France and Russia.
Further, Microsoft Corp, IBM Corp., SAP SE, and among others are some of the prominent players functioning in the European business software and services market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players to sustain in the highly competitive market.
Research Methodology
The market study of the European business software and services market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to break down the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
- Financial reports of companies involved in the market
- Whitepapers, research papers, and news blogs
- Company websites and their product catalog
The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
- European Business Software and Services Market Research and Analysis by Software
- European Business Software and Services Market Research and Analysis by Services
- European Business Software and Services Market Research and Analysis by Deployment Model
- European Business Software and Services Market Research and Analysis by Size
- European Business Software and Services Market Research and Analysis by End-User
The Report covers:
- Comprehensive research methodology of the European business software and services market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the European business software and services market.
- Insights about market determinants that are stimulating the European business software and services market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of the market players.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the European Business Software and Services Industry
• Recovery Scenario of European Business Software and Services Industry
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Impact of COVID-19 on Key Players
3.3. Key Strategy Analysis
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. European Business Software and Services Market by Software
5.1.1. Finance
5.1.2. Human Resource
5.1.3. Sales and Marketing
5.1.4. Supply Chain
5.2. European Business Software and Services Market by Services
5.2.1. Consulting
5.2.2. Support and Maintenance
5.2.3. Managed Services
5.3. European Business Software and Services Market by Deployment
5.3.1. Cloud
5.3.2. On-Premises
5.4. European Business Software and Services Market by Size
5.4.1. Small and medium enterprises
5.4.2. Large enterprises.
5.5. European Business Software and Services Market by End-User Industry
5.5.1. Aerospace and Defense
5.5.2. BFSI
5.5.3. Government
5.5.4. Healthcare
5.5.5. IT and Telecom
5.5.6. Manufacturing
5.5.7. Retail
5.5.8. Others
6. Country Analysis
6.1. UK
6.2. Germany
6.3. Italy
6.4. Spain
6.5. France
6.6. Rest of
6.7. Europe
7. Company Profiles
7.1. Accenture Plc
7.2. Cisco Systems Inc.
7.3. Dassault Systèmes SE
7.4. IBM Corp.
7.5. Jobvite Inc.
7.6. Microsoft Corp.
7.7. Oracle Corp.
7.8. SAP SE
7.9. Totvs SA
7.10. Unit4 N.V.
1. EUROPEAN BUSINESS SOFTWARE AND SERVICES MARKET RESEARCH AND ANALYSIS BY SOFTWARE, 2020-2027 ($ MILLION)
2. EUROPEAN BUSINESS FINANCE SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
3. EUROPEAN BUSINESS HUMAN RESOURCE SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
4. EUROPEAN BUSINESS SALES AND MARKETING SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
5. EUROPEAN BUSINESS SUPPLY CHAIN SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
6. EUROPEAN BUSINESS SOFTWARE AND SERVICES MARKET RESEARCH AND ANALYSIS BY SERVICES, 2020-2027 ($ MILLION)
7. EUROPEAN BUSINESS CONSULTING SERVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
8. EUROPEAN BUSINESS SUPPORT AND MAINTENANCE SERVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
9. EUROPEAN BUSINESS MANAGED SERVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
10. EUROPEAN BUSINESS SOFTWARE AND SERVICES MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2020-2027 ($ MILLION)
11. EUROPEAN CLOUD BASED BUSINESS SOFTWARE AND SERVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
12. EUROPEAN ON-PREMISE BASED BUSINESS SOFTWARE AND SERVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
13. EUROPEAN BUSINESS SOFTWARE AND SERVICES MARKET RESEARCH AND ANALYSIS BY SIZE, 2020-2027 ($ MILLION)
14. EUROPEAN SMALL AND MEDIUM ENTERPRISE SOFTWARE AND SERVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
15. EUROPEAN LARGE ENTERPRISE SOFTWARE AND SERVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
16. EUROPEAN BUSINESS SOFTWARE AND SERVICES MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
17. EUROPEAN BUSINESS SOFTWARE AND SERVICES FOR AEROSPACE AND DEFENSE OTHERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
18. EUROPEAN BUSINESS SOFTWARE AND SERVICES FOR BFSI MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
19. EUROPEAN BUSINESS SOFTWARE AND SERVICES FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
20. EUROPEAN BUSINESS SOFTWARE AND SERVICES FOR IT AND TELECOM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
21. EUROPEAN BUSINESS SOFTWARE AND SERVICES FOR MANUFACTURING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
22. EUROPEAN BUSINESS SOFTWARE AND SERVICES FOR RETAIL MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
23. EUROPEAN BUSINESS SOFTWARE AND SERVICES FOR OTHER END-USER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON EUROPEAN BUSINESS SOFTWARE AND SERVICES MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON EUROPEAN BUSINESS SOFTWARE AND SERVICES MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF EUROPEAN BUSINESS SOFTWARE AND SERVICES MARKET, 2021-2027 (%)
4. EUROPEAN BUSINESS SOFTWARE AND SERVICES MARKET SHARE BY SOFTWARE, 2020 VS 2027 (%)
5. EUROPEAN BUSINESS SOFTWARE AND SERVICES MARKET SHARE BY SERVICE,2020 VS 2027 (%)
6. EUROPEAN BUSINESS SOFTWARE AND SERVICES MARKET SHARE BY DEPLOYMENT MODEL,2020 VS 2027 (%)
7. EUROPEAN BUSINESS SOFTWARE AND SERVICES MARKET SHARE BY SIZE,2020 VS 2027 (%)
8. EUROPEAN BUSINESS SOFTWARE AND SERVICES MARKET SHARE BY END-USER INDUSTRY, 2020 VS 2027 (%)
9. UK BUSINESS SOFTWARE AND SERVICES MARKET SIZE, 2020-2027 ($ MILLION)
10. GERMANY BUSINESS SOFTWARE AND SERVICES MARKET SIZE, 2020-2027 ($ MILLION)
11. SPAIN BUSINESS SOFTWARE AND SERVICES MARKET SIZE, 2020-2027 ($ MILLION)
12. FRANCE BUSINESS SOFTWARE AND SERVICES MARKET SIZE, 2020-2027 ($ MILLION)
13. ITALY BUSINESS SOFTWARE AND SERVICES MARKET SIZE, 2020-2027 ($ MILLION)
14. REST OF EUROPE BUSINESS SOFTWARE AND SERVICES MARKET SIZE, 2020-2027 ($ MILLION)
