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Europe Travel and Expense Management Software Market Size, Share, Price, Segmentation Analysis, Growth Trends, Applications, Industry Players, Forecast, Competitive Analysis, PDF Report

Publisher Knowledge Based Value (KBV) Research
Published Feb 21, 2025
Length 150 Pages
SKU # KBV19639083

Description

The Europe Industrial Metaverse Market would witness market growth of 35.2% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Industrial Metaverse Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $15,298.6 million by 2031. The UK market is exhibiting a CAGR of 34.1% during (2024 - 2031). Additionally, The France market would experience a CAGR of 36.3% during (2024 - 2031).

In the energy sector, this is being leveraged for grid optimization, asset monitoring, and worker training in hazardous environments. Without real-world risks, immersive simulations help train workers on safety protocols and operations in complex environments like offshore rigs and nuclear power plants. Improved operational efficiency through predictive maintenance of energy assets.

This is driving significant advancements in healthcare and medical research. Digital twins of the human body, immersive training environments for medical professionals, and collaborative platforms for drug discovery are transforming the industry. Surgeons can practice complex procedures in virtual operating rooms using VR simulations, reducing medical errors and enhancing outcomes.

The growth of the market in Europe is poised to benefit from the region’s strong upward trend in industrial production, supported by a significant increase in the value of sold production in recent years. This robust economic performance sets the stage for the adoption of cutting-edge technologies such as the Industrial Metaverse, which has the potential to revolutionize manufacturing, logistics, and other industrial sectors. The 8% increase in industrial production in 2021, followed by another 5% growth in 2022, highlights the resilience and expansion of the European industrial sector. This momentum presents a favorable environment for integrating this, which leverages virtual environments to optimize production processes, improve supply chain management, and enhance operational efficiency. As the value of sold production in the EU grew by 19% in 2022, the demand for advanced technologies to further streamline operations and support this growth becomes more pressing. In conclusion, the rising industrial output in Europe creates an ideal foundation for the growth of the market.

Based on Component, the market is segmented into Hardware, Software, and Services. Based on End Use, the market is segmented into Manufacturing, Automotive, Energy & utilities, Healthcare, Logistics & Transportation, and Other End Use. Based on Technology, the market is segmented into Virtual Reality (VR), Augmented Reality (AR), and Mixed Reality (MR). Based on Application, the market is segmented into Data Visualization & Analytics, Training & Simulation, Product Design & Development, Virtual Prototyping, Remote Collaboration, Maintenance & Repair, and Supply Chain Optimization. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled
  • Bentley Systems, Inc.
  • Dassault Systemes SE
  • HTC Corporation
  • Magic Leap, Inc.
  • Microsoft Corporation
  • NVIDIA Corporation
  • PTC Inc.
  • Siemens AG
  • Swanson Health Products, Inc.(Swander Pace Capital)
  • Unity Software Inc.
Europe Industrial Metaverse Market Report Segmentation

By Component
  • Hardware
  • Software
  • Services
By End Use
  • Manufacturing
  • Automotive
  • Energy & utilities
  • Healthcare
  • Logistics & Transportation
  • Other End Use
By Technology
  • Virtual Reality (VR)
  • Augmented Reality (AR)
  • Mixed Reality (MR)
By Application
  • Data Visualization & Analytics
  • Training & Simulation
  • Product Design & Development
  • Virtual Prototyping
  • Remote Collaboration
  • Maintenance & Repair
  • Supply Chain Optimization
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

150 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Industrial Metaverse Market, by Component
1.4.2 Europe Industrial Metaverse Market, by End Use
1.4.3 Europe Industrial Metaverse Market, by Technology
1.4.4 Europe Industrial Metaverse Market, by Application
1.4.5 Europe Industrial Metaverse 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
3.3 Porter Five Forces Analysis
Chapter 4. Strategies Deployed in Industrial Metaverse Market.
Chapter 5. Europe Industrial Metaverse Market by Component
5.1 Europe Hardware Market by Country
5.2 Europe Software Market by Country
5.3 Europe Services Market by Country
Chapter 6. Europe Industrial Metaverse Market by End Use
6.1 Europe Manufacturing Market by Country
6.2 Europe Automotive Market by Country
6.3 Europe Energy & utilities Market by Country
6.4 Europe Healthcare Market by Country
6.5 Europe Logistics & Transportation Market by Country
6.6 Europe Other End Use Market by Country
Chapter 7. Europe Industrial Metaverse Market by Technology
7.1 Europe Virtual Reality (VR) Market by Country
7.2 Europe Augmented Reality (AR) Market by Country
7.3 Europe Mixed Reality (MR) Market by Country
Chapter 8. Europe Industrial Metaverse Market by Application
8.1 Europe Data Visualization & Analytics Market by Country
8.2 Europe Training & Simulation Market by Country
8.3 Europe Product Design & Development Market by Country
8.4 Europe Virtual Prototyping Market by Country
8.5 Europe Remote Collaboration Market by Country
8.6 Europe Maintenance & Repair Market by Country
8.7 Europe Supply Chain Optimization Market by Country
Chapter 9. Europe Industrial Metaverse Market by Country
9.1 Germany Industrial Metaverse Market
9.1.1 Germany Industrial Metaverse Market by Component
9.1.2 Germany Industrial Metaverse Market by End Use
9.1.3 Germany Industrial Metaverse Market by Technology
9.1.4 Germany Industrial Metaverse Market by Application
9.2 UK Industrial Metaverse Market
9.2.1 UK Industrial Metaverse Market by Component
9.2.2 UK Industrial Metaverse Market by End Use
9.2.3 UK Industrial Metaverse Market by Technology
9.2.4 UK Industrial Metaverse Market by Application
9.3 France Industrial Metaverse Market
9.3.1 France Industrial Metaverse Market by Component
9.3.2 France Industrial Metaverse Market by End Use
9.3.3 France Industrial Metaverse Market by Technology
9.3.4 France Industrial Metaverse Market by Application
9.4 Russia Industrial Metaverse Market
9.4.1 Russia Industrial Metaverse Market by Component
9.4.2 Russia Industrial Metaverse Market by End Use
9.4.3 Russia Industrial Metaverse Market by Technology
9.4.4 Russia Industrial Metaverse Market by Application
9.5 Spain Industrial Metaverse Market
9.5.1 Spain Industrial Metaverse Market by Component
9.5.2 Spain Industrial Metaverse Market by End Use
9.5.3 Spain Industrial Metaverse Market by Technology
9.5.4 Spain Industrial Metaverse Market by Application
9.6 Italy Industrial Metaverse Market
9.6.1 Italy Industrial Metaverse Market by Component
9.6.2 Italy Industrial Metaverse Market by End Use
9.6.3 Italy Industrial Metaverse Market by Technology
9.6.4 Italy Industrial Metaverse Market by Application
9.7 Rest of Europe Industrial Metaverse Market
9.7.1 Rest of Europe Industrial Metaverse Market by Component
9.7.2 Rest of Europe Industrial Metaverse Market by End Use
9.7.3 Rest of Europe Industrial Metaverse Market by Technology
9.7.4 Rest of Europe Industrial Metaverse Market by Application
Chapter 10. Company Profiles
10.1 Bentley Systems, Inc.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Acquisition and Mergers:
10.1.6 SWOT Analysis
10.2 Dassault Systemes SE
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.6 SWOT Analysis
10.3 HTC Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Research & Development Expenses
10.3.4 SWOT Analysis
10.4 Magic Leap, Inc.
10.4.1 Company Overview
10.4.2 Recent strategies and developments:
10.4.2.1 Partnerships, Collaborations, and Agreements:
10.4.3 SWOT Analysis
10.5 Microsoft Corporation
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.5.2 Acquisition and Mergers:
10.5.5.3 Geographical Expansions:
10.5.6 SWOT Analysis
10.6 NVIDIA Corporation
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.6.6 SWOT Analysis
10.7 PTC, Inc.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 SWOT Analysis
10.8 Siemens AG
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expense
10.8.5 SWOT Analysis
10.9 Swanson Health Products, Inc. (Swander Pace Capital)
10.9.1 Company Overview
10.9.2 SWOT Analysis
10.10. Unity Software, Inc.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expenses

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