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Europe Model Based Enterprise Market Size, Share & Trends Analysis Report By Offering (Solution and Services), By Deployment Mode (On-premise and Cloud), By Vertical, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 133 Pages
  • April 2024
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5955344
The Europe Model Based Enterprise Market would witness market growth of 14.1% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Model Based Enterprise Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,107.7 million by 2031. The UK market is exhibiting a CAGR of 13% during (2024 - 2031). Additionally, The France market would experience a CAGR of 15% during (2024 - 2031).



After products are delivered to customers, MBE continues participating in service and maintenance activities. Digital models are used to create Digital Twins - virtual physical assets replicas enabling predictive maintenance, remote monitoring, and performance optimization. Service technicians can access digital models to troubleshoot issues, diagnose faults, and plan maintenance activities, leading to reduced downtime, increased equipment reliability, and enhanced customer satisfaction.

Also, MBE supports the entire product lifecycle, from concept to retirement. Digital models capture rich metadata and product data that can be leveraged for lifecycle management activities such as configuration management, change management, and compliance tracking. Organizations can use MBE platforms to maintain a digital thread of product information, enabling traceability, auditability, and compliance with regulatory requirements throughout the product lifecycle.

With the UK aerospace industry being a major player globally, there is a growing demand for advanced technologies to support innovation and competitiveness. As a result, there is an increasing need for MBE solutions that can streamline design, engineering, and manufacturing processes while facilitating collaboration and communication across the supply chain. As per the International Trade Administration, the aerospace sector in the United Kingdom is export-driven and ranks second largest globally, after the United States. Civil aerospace revenue in the United Kingdom reached an estimated $34.5 billion in 2022. The defense industry achieved an approximate turnover of $29 billion in 2022, of which $15 billion was allocated for exports. Hence, the expansion of the region’s aerospace industry is driving the market’s growth.

Based on Offering, the market is segmented into Solution and Services. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on Vertical, the market is segmented into Aerospace, Electronics & Telecommunications, Construction, Healthcare & Lifesciences, Food & Beverages, Marine, Oil & Gas, Automotive and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

  • Siemens AG
  • PTC, Inc.
  • Dassault Systemes SE
  • SAP SE
  • HCL Technologies Ltd. (HCL Enterprises)
  • Oracle Corporation
  • Wipro Limited
  • ANSYS, Inc.
  • General Electric Company
  • Cisco Systems, Inc.

Market Report Segmentation

By Offering
  • Solution
  • Services
By Deployment Mode
  • On-premise
  • Cloud
By Vertical
  • Aerospace
  • Electronics & Telecommunications
  • Construction
  • Healthcare & Lifesciences
  • Food & Beverages
  • Marine
  • Oil & Gas
  • Automotive
  • Others
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Model Based Enterprise Market, by Offering
1.4.2 Europe Model Based Enterprise Market, by Deployment Mode
1.4.3 Europe Model Based Enterprise Market, by Vertical
1.4.4 Europe Model Based Enterprise Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis- Global
4.1 Market Share Analysis, 2023
4.2 Porter Five Forces Analysis
Chapter 5. Europe Model Based Enterprise Market by Offering
5.1 Europe Solution Market by Country
5.2 Europe Services Market by Country
Chapter 6. Europe Model Based Enterprise Market by Deployment Mode
6.1 Europe On-premise Market by Country
6.2 Europe Cloud Market by Country
Chapter 7. Europe Model Based Enterprise Market by Vertical
7.1 Europe Aerospace Market by Country
7.2 Europe Electronics & Telecommunications Market by Country
7.3 Europe Construction Market by Country
7.4 Europe Healthcare & Lifesciences Market by Country
7.5 Europe Food & Beverages Market by Country
7.6 Europe Marine Market by Country
7.7 Europe Oil & Gas Market by Country
7.8 Europe Automotive Market by Country
7.9 Europe Others Market by Country
Chapter 8. Europe Model Based Enterprise Market by Country
8.1 Germany Model Based Enterprise Market
8.1.1 Germany Model Based Enterprise Market by Offering
8.1.2 Germany Model Based Enterprise Market by Deployment Mode
8.1.3 Germany Model Based Enterprise Market by Vertical
8.2 UK Model Based Enterprise Market
8.2.1 UK Model Based Enterprise Market by Offering
8.2.2 UK Model Based Enterprise Market by Deployment Mode
8.2.3 UK Model Based Enterprise Market by Vertical
8.3 France Model Based Enterprise Market
8.3.1 France Model Based Enterprise Market by Offering
8.3.2 France Model Based Enterprise Market by Deployment Mode
8.3.3 France Model Based Enterprise Market by Vertical
8.4 Russia Model Based Enterprise Market
8.4.1 Russia Model Based Enterprise Market by Offering
8.4.2 Russia Model Based Enterprise Market by Deployment Mode
8.4.3 Russia Model Based Enterprise Market by Vertical
8.5 Spain Model Based Enterprise Market
8.5.1 Spain Model Based Enterprise Market by Offering
8.5.2 Spain Model Based Enterprise Market by Deployment Mode
8.5.3 Spain Model Based Enterprise Market by Vertical
8.6 Italy Model Based Enterprise Market
8.6.1 Italy Model Based Enterprise Market by Offering
8.6.2 Italy Model Based Enterprise Market by Deployment Mode
8.6.3 Italy Model Based Enterprise Market by Vertical
8.7 Rest of Europe Model Based Enterprise Market
8.7.1 Rest of Europe Model Based Enterprise Market by Offering
8.7.2 Rest of Europe Model Based Enterprise Market by Deployment Mode
8.7.3 Rest of Europe Model Based Enterprise Market by Vertical
Chapter 9. Company Profiles
9.1 PTC, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Research & Development Expenses
9.1.4 Recent strategies and developments:
9.1.4.1 Partnerships, Collaborations, and Agreements:
9.1.4.2 Acquisition and Mergers:
9.2 ANSYS, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional Analysis
9.2.4 Research & Development Expenses
9.3 Dassault Systemes SE
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 SAP SE
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 HCL Technologies Ltd. (HCL Enterprises)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 SWOT Analysis
9.6 Oracle Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 SWOT Analysis
9.7 Wipro Limited
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 SWOT Analysis
9.8 General Electric Company
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 SWOT Analysis
9.9 Cisco Systems, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Research & Development Expense
9.9.5 SWOT Analysis
9.10. Siemens AG
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Product Launches and Product Expansions:
9.10.5.2 Acquisition and Mergers:
9.10.6 SWOT Analysis

Companies Mentioned

  • Siemens AG
  • PTC, Inc.
  • Dassault Systemes SE
  • SAP SE
  • HCL Technologies Ltd. (HCL Enterprises)
  • Oracle Corporation
  • Wipro Limited
  • ANSYS, Inc.
  • General Electric Company
  • Cisco Systems, Inc.

Methodology

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