target audience: TECH SUPPLIER Publication date: Nov 2024 - Document type: Market Forecast - Doc Document number: # EUR151645224
European Predictive, Advanced and Visual Analytics Software Forecast, 2024–2028
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Abstract
This IDC Market Forecast presents the value of the European predictive, advanced, and visual analytics software market in 2023 and projects revenues over the 2024–2028 period. This document, produced in September 2024, includes the macroeconomic and market implications of geopolitical developments, including the Russia-Ukraine war.
"The predictive, advanced, and visual analytics software market is expected to outperform both the GDP growth rate and overall IT market growth rate in Europe over the coming years. The rapid adoption of data-driven strategies, the focus on digital transformation, and the increasing role of AI and machine learning in analytics are driving this growth trajectory." — Senior Market Analyst Wiktor Markiewicz, IDC EMEA