The Europe Explainable AI Market would witness market growth of 19.9% CAGR during the forecast period (2025-2032).
The Germany market dominated the Europe Explainable AI Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $1,123.6 million by 2032. The UK market is exhibiting a CAGR of 18.9% during (2025 - 2032). Additionally, The France market would experience a CAGR of 20.9% during (2025 - 2032).

The adoption of XAI is growing steadily, driven by a combination of regulatory pressures, ethical imperatives, and the intrinsic need for transparency in high-stakes environments. Enterprises recognize that black-box AI models, while powerful, may expose organizations to risks ranging from biased decisions to regulatory penalties and reputational harm. Consequently, sectors such as healthcare, finance, and government have been at the forefront of XAI adoption, prioritizing models and platforms that enable interpretability.
Several key trends are shaping the XAI market, reflecting both technological progress and changing stakeholder expectations. One prominent trend is the integration of explainability features into AI development workflows. As organizations strive to operationalize AI at scale, there is a growing demand for integrated explainability, making it a core part of the model lifecycle—from data preparation to deployment and monitoring.
The United Kingdom has positioned itself as a pioneer in responsible and explainable AI, underpinned by forward-thinking government policy and a vibrant research community. The UK government’s “AI Sector Deal” and guidance from the Centre for Data Ethics and Innovation (CDEI) have highlighted the importance of explainability for trustworthy AI adoption in both public and private sectors. Top universities, such as Oxford, Cambridge, and University College London, along with organizations like The Alan Turing Institute, have become centers of excellence for XAI research and application, influencing industry standards and public policy.
Free Valuable Insights: The Global Explainable AI Market will Hit USD 22.20 Billion by 2032, at a CAGR of 20.4%
Based on Deployment, the market is segmented into Cloud and On-premise. Based on Component, the market is segmented into Solution and Services. Based on Application, the market is segmented into Fraud & Anomaly Detection, Drug Discovery & Diagnostics, Predictive Maintenance, Supply Chain Management, and Identity, Access Management & Others. Based on End-use, the market is segmented into IT & Telecommunication, Healthcare, BFSI, Aerospace & Defense, Retail & E-commerce, Public Sector & Utilities, Automotive, and Other End-use. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Microsoft Corporation
- IBM Corporation
- Google LLC (Alphabet Inc.)
- Salesforce, Inc.
- Intel Corporation
- NVIDIA Corporation
- SAS Institute Inc.
- Databricks, Inc.
- Amazon Web Services, Inc.
- SAP SE
Europe Explainable AI Market Report Segmentation
By Deployment
By Component
By Application
- Fraud & Anomaly Detection
- Drug Discovery & Diagnostics
- Predictive Maintenance
- Supply Chain Management
- Identity, Access Management & Others
By End-Use
- IT & Telecommunication
- Healthcare
- BFSI
- Aerospace & Defense
- Retail & E-commerce
- Public Sector & Utilities
- Automotive
- Other End-use
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Explainable AI Market, by Deployment
1.4.2 Europe Explainable AI Market, by Component
1.4.3 Europe Explainable AI Market, by Application
1.4.4 Europe Explainable AI Market, by End-Use
1.4.5 Europe Explainable AI 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 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2024
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2021-2025)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2022, Dec – 2025, May) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. Value Chain Analysis of Explainable AI Market
5.1 Research and Development (R&D)
5.2 Technology Development and Integration
5.3 Data Acquisition and Management
5.4 Productization and Service Development
5.5 Regulatory Compliance and Ethics
5.6 Sales, Marketing, and Distribution
5.7 Customer Support and Feedback
Chapter 6. Key Costumer Criteria - Explainable AI Market
Chapter 7. Europe Explainable AI Market by Deployment
7.1 Europe Cloud Market by Country
7.2 Europe On-premise Market by Country
Chapter 8. Europe Explainable AI Market by Component
8.1 Europe Solution Market by Country
8.2 Europe Services Market by Country
Chapter 9. Europe Explainable AI Market by Application
9.1 Europe Fraud & Anomaly Detection Market by Country
9.2 Europe Drug Discovery & Diagnostics Market by Country
9.3 Europe Predictive Maintenance Market by Country
9.4 Europe Supply Chain Management Market by Country
9.5 Europe Identity, Access Management & Others Market by Country
Chapter 10. Europe Explainable AI Market by End-use
10.1 Europe IT & Telecommunication Market by Country
10.2 Europe Healthcare Market by Country
10.3 Europe BFSI Market by Country
10.4 Europe Aerospace & Defense Market by Country
10.5 Europe Retail & E-commerce Market by Country
10.6 Europe Public Sector & Utilities Market by Country
10.7 Europe Automotive Market by Country
10.8 Europe Other End-use Market by Country
Chapter 11. Europe Explainable AI Market by Country
11.1 Germany Explainable AI Market
11.1.1 Germany Explainable AI Market by Deployment
11.1.2 Germany Explainable AI Market by Component
11.1.3 Germany Explainable AI Market by Application
11.1.4 Germany Explainable AI Market by End-use
11.2 UK Explainable AI Market
11.2.1 UK Explainable AI Market by Deployment
11.2.2 UK Explainable AI Market by Component
11.2.3 UK Explainable AI Market by Application
11.2.4 UK Explainable AI Market by End-use
11.3 France Explainable AI Market
11.3.1 France Explainable AI Market by Deployment
11.3.2 France Explainable AI Market by Component
11.3.3 France Explainable AI Market by Application
11.3.4 France Explainable AI Market by End-use
11.4 Russia Explainable AI Market
11.4.1 Russia Explainable AI Market by Deployment
11.4.2 Russia Explainable AI Market by Component
11.4.3 Russia Explainable AI Market by Application
11.4.4 Russia Explainable AI Market by End-use
11.5 Spain Explainable AI Market
11.5.1 Spain Explainable AI Market by Deployment
11.5.2 Spain Explainable AI Market by Component
11.5.3 Spain Explainable AI Market by Application
11.5.4 Spain Explainable AI Market by End-use
11.6 Italy Explainable AI Market
11.6.1 Italy Explainable AI Market by Deployment
11.6.2 Italy Explainable AI Market by Component
11.6.3 Italy Explainable AI Market by Application
11.6.4 Italy Explainable AI Market by End-use
11.7 Rest of Europe Explainable AI Market
11.7.1 Rest of Europe Explainable AI Market by Deployment
11.7.2 Rest of Europe Explainable AI Market by Component
11.7.3 Rest of Europe Explainable AI Market by Application
11.7.4 Rest of Europe Explainable AI Market by End-use
Chapter 12. Company Profiles
12.1 Microsoft Corporation
12.1.1 Company Overview
12.1.2 Financial Analysis
12.1.3 Segmental and Regional Analysis
12.1.4 Research & Development Expenses
12.1.5 Recent strategies and developments:
12.1.5.1 Partnerships, Collaborations, and Agreements:
12.1.5.2 Product Launches and Product Expansions:
12.1.6 SWOT Analysis
12.2 IBM Corporation
12.2.1 Company Overview
12.2.2 Financial Analysis
12.2.3 Regional & Segmental Analysis
12.2.4 Research & Development Expenses
12.2.5 Recent strategies and developments:
12.2.5.1 Partnerships, Collaborations, and Agreements:
12.2.5.2 Product Launches and Product Expansions:
12.2.5.3 Acquisition and Mergers:
12.2.6 SWOT Analysis
12.3 Google LLC (Alphabet Inc.)
12.3.1 Company Overview
12.3.2 Financial Analysis
12.3.3 Segmental and Regional Analysis
12.3.4 Research & Development Expenses
12.3.5 Recent strategies and developments:
12.3.5.1 Partnerships, Collaborations, and Agreements:
12.3.6 SWOT Analysis
12.4 Salesforce, Inc.
12.4.1 Company Overview
12.4.2 Financial Analysis
12.4.3 Regional Analysis
12.4.4 Research & Development Expenses
12.4.5 SWOT Analysis
12.5 Intel Corporation
12.5.1 Company Overview
12.5.2 Financial Analysis
12.5.3 Segmental and Regional Analysis
12.5.4 Research & Development Expenses
12.5.5 Recent strategies and developments:
12.5.5.1 Partnerships, Collaborations, and Agreements:
12.5.6 SWOT Analysis
12.6 NVIDIA Corporation
12.6.1 Company Overview
12.6.2 Financial Analysis
12.6.3 Segmental and Regional Analysis
12.6.4 Research & Development Expenses
12.6.5 Recent strategies and developments:
12.6.5.1 Partnerships, Collaborations, and Agreements:
12.6.6 SWOT Analysis
12.7 SAS Institute, Inc.
12.7.1 Company Overview
12.7.2 Recent strategies and developments:
12.7.2.1 Partnerships, Collaborations, and Agreements:
12.7.3 SWOT Analysis
12.8 Databricks, Inc.
12.8.1 Company Overview
12.8.2 Recent strategies and developments:
12.8.2.1 Partnerships, Collaborations, and Agreements:
12.9 Amazon Web Services, Inc. (Amazon.com, Inc.)
12.9.1 Company Overview
12.9.2 Financial Analysis
12.9.3 Segmental and Regional Analysis
12.9.4 SWOT Analysis
12.10. SAP SE
12.10.1 Company Overview
12.10.2 Financial Analysis
12.10.3 Regional Analysis
12.10.4 Research & Development Expense
12.10.5 Recent strategies and developments:
12.10.5.1 Partnerships, Collaborations, and Agreements:
12.10.6 SWOT Analysis
TABLE 1 Europe Explainable AI Market, 2021 - 2024, USD Million
TABLE 2 Europe Explainable AI Market, 2025 - 2032, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Explainable AI Market
TABLE 4 Product Launches And Product Expansions– Explainable AI Market
TABLE 5 Acquisition and Mergers– Explainable AI Market
TABLE 6 Key Costumer Criteria - Explainable AI Market
TABLE 7 Europe Explainable AI Market by Deployment, 2021 - 2024, USD Million
TABLE 8 Europe Explainable AI Market by Deployment, 2025 - 2032, USD Million
TABLE 9 Europe Cloud Market by Country, 2021 - 2024, USD Million
TABLE 10 Europe Cloud Market by Country, 2025 - 2032, USD Million
TABLE 11 Europe On-premise Market by Country, 2021 - 2024, USD Million
TABLE 12 Europe On-premise Market by Country, 2025 - 2032, USD Million
TABLE 13 Use Case 1: Explainable AI in Cloud Deployment
TABLE 14 Use Case 2: Explainable AI in On-Premise Deployment
TABLE 15 Europe Explainable AI Market by Component, 2021 - 2024, USD Million
TABLE 16 Europe Explainable AI Market by Component, 2025 - 2032, USD Million
TABLE 17 Europe Solution Market by Country, 2021 - 2024, USD Million
TABLE 18 Europe Solution Market by Country, 2025 - 2032, USD Million
TABLE 19 Europe Services Market by Country, 2021 - 2024, USD Million
TABLE 20 Europe Services Market by Country, 2025 - 2032, USD Million
TABLE 21 Use Case 3: Explainable AI Solutions
TABLE 22 Use Case 4: Explainable AI Services
TABLE 23 Europe Explainable AI Market by Application, 2021 - 2024, USD Million
TABLE 24 Europe Explainable AI Market by Application, 2025 - 2032, USD Million
TABLE 25 Europe Fraud & Anomaly Detection Market by Country, 2021 - 2024, USD Million
TABLE 26 Europe Fraud & Anomaly Detection Market by Country, 2025 - 2032, USD Million
TABLE 27 Europe Drug Discovery & Diagnostics Market by Country, 2021 - 2024, USD Million
TABLE 28 Europe Drug Discovery & Diagnostics Market by Country, 2025 - 2032, USD Million
TABLE 29 Europe Predictive Maintenance Market by Country, 2021 - 2024, USD Million
TABLE 30 Europe Predictive Maintenance Market by Country, 2025 - 2032, USD Million
TABLE 31 Europe Supply Chain Management Market by Country, 2021 - 2024, USD Million
TABLE 32 Europe Supply Chain Management Market by Country, 2025 - 2032, USD Million
TABLE 33 Europe Identity, Access Management & Others Market by Country, 2021 - 2024, USD Million
TABLE 34 Europe Identity, Access Management & Others Market by Country, 2025 - 2032, USD Million
TABLE 35 Use Case 5: Explainable AI for Fraud & Anomaly Detection
TABLE 36 Use Case 6: Explainable AI in Drug Discovery & Diagnostics
TABLE 37 Use Case 7: Explainable AI for Predictive Maintenance in Manufacturing
TABLE 38 Use Case 9: Explainable AI for Identity Access Management
TABLE 39 Use Case 10: Explainable AI – Other Applications
TABLE 40 Europe Explainable AI Market by End-use, 2021 - 2024, USD Million
TABLE 41 Europe Explainable AI Market by End-use, 2025 - 2032, USD Million
TABLE 42 Europe IT & Telecommunication Market by Country, 2021 - 2024, USD Million
TABLE 43 Europe IT & Telecommunication Market by Country, 2025 - 2032, USD Million
TABLE 44 Europe Healthcare Market by Country, 2021 - 2024, USD Million
TABLE 45 Europe Healthcare Market by Country, 2025 - 2032, USD Million
TABLE 46 Europe BFSI Market by Country, 2021 - 2024, USD Million
TABLE 47 Europe BFSI Market by Country, 2025 - 2032, USD Million
TABLE 48 Europe Aerospace & Defense Market by Country, 2021 - 2024, USD Million
TABLE 49 Europe Aerospace & Defense Market by Country, 2025 - 2032, USD Million
TABLE 50 Europe Retail & E-commerce Market by Country, 2021 - 2024, USD Million
TABLE 51 Europe Retail & E-commerce Market by Country, 2025 - 2032, USD Million
TABLE 52 Europe Public Sector & Utilities Market by Country, 2021 - 2024, USD Million
TABLE 53 Europe Public Sector & Utilities Market by Country, 2025 - 2032, USD Million
TABLE 54 Europe Automotive Market by Country, 2021 - 2024, USD Million
TABLE 55 Europe Automotive Market by Country, 2025 - 2032, USD Million
TABLE 56 Europe Other End-use Market by Country, 2021 - 2024, USD Million
TABLE 57 Europe Other End-use Market by Country, 2025 - 2032, USD Million
TABLE 58 Europe Explainable AI Market by Country, 2021 - 2024, USD Million
TABLE 59 Europe Explainable AI Market by Country, 2025 - 2032, USD Million
TABLE 60 Germany Explainable AI Market, 2021 - 2024, USD Million
TABLE 61 Germany Explainable AI Market, 2025 - 2032, USD Million
TABLE 62 Germany Explainable AI Market by Deployment, 2021 - 2024, USD Million
TABLE 63 Germany Explainable AI Market by Deployment, 2025 - 2032, USD Million
TABLE 64 Germany Explainable AI Market by Component, 2021 - 2024, USD Million
TABLE 65 Germany Explainable AI Market by Component, 2025 - 2032, USD Million
TABLE 66 Germany Explainable AI Market by Application, 2021 - 2024, USD Million
TABLE 67 Germany Explainable AI Market by Application, 2025 - 2032, USD Million
TABLE 68 Germany Explainable AI Market by End-use, 2021 - 2024, USD Million
TABLE 69 Germany Explainable AI Market by End-use, 2025 - 2032, USD Million
TABLE 70 UK Explainable AI Market, 2021 - 2024, USD Million
TABLE 71 UK Explainable AI Market, 2025 - 2032, USD Million
TABLE 72 UK Explainable AI Market by Deployment, 2021 - 2024, USD Million
TABLE 73 UK Explainable AI Market by Deployment, 2025 - 2032, USD Million
TABLE 74 UK Explainable AI Market by Component, 2021 - 2024, USD Million
TABLE 75 UK Explainable AI Market by Component, 2025 - 2032, USD Million
TABLE 76 UK Explainable AI Market by Application, 2021 - 2024, USD Million
TABLE 77 UK Explainable AI Market by Application, 2025 - 2032, USD Million
TABLE 78 UK Explainable AI Market by End-use, 2021 - 2024, USD Million
TABLE 79 UK Explainable AI Market by End-use, 2025 - 2032, USD Million
TABLE 80 France Explainable AI Market, 2021 - 2024, USD Million
TABLE 81 France Explainable AI Market, 2025 - 2032, USD Million
TABLE 82 France Explainable AI Market by Deployment, 2021 - 2024, USD Million
TABLE 83 France Explainable AI Market by Deployment, 2025 - 2032, USD Million
TABLE 84 France Explainable AI Market by Component, 2021 - 2024, USD Million
TABLE 85 France Explainable AI Market by Component, 2025 - 2032, USD Million
TABLE 86 France Explainable AI Market by Application, 2021 - 2024, USD Million
TABLE 87 France Explainable AI Market by Application, 2025 - 2032, USD Million
TABLE 88 France Explainable AI Market by End-use, 2021 - 2024, USD Million
TABLE 89 France Explainable AI Market by End-use, 2025 - 2032, USD Million
TABLE 90 Russia Explainable AI Market, 2021 - 2024, USD Million
TABLE 91 Russia Explainable AI Market, 2025 - 2032, USD Million
TABLE 92 Russia Explainable AI Market by Deployment, 2021 - 2024, USD Million
TABLE 93 Russia Explainable AI Market by Deployment, 2025 - 2032, USD Million
TABLE 94 Russia Explainable AI Market by Component, 2021 - 2024, USD Million
TABLE 95 Russia Explainable AI Market by Component, 2025 - 2032, USD Million
TABLE 96 Russia Explainable AI Market by Application, 2021 - 2024, USD Million
TABLE 97 Russia Explainable AI Market by Application, 2025 - 2032, USD Million
TABLE 98 Russia Explainable AI Market by End-use, 2021 - 2024, USD Million
TABLE 99 Russia Explainable AI Market by End-use, 2025 - 2032, USD Million
TABLE 100 Spain Explainable AI Market, 2021 - 2024, USD Million
TABLE 101 Spain Explainable AI Market, 2025 - 2032, USD Million
TABLE 102 Spain Explainable AI Market by Deployment, 2021 - 2024, USD Million
TABLE 103 Spain Explainable AI Market by Deployment, 2025 - 2032, USD Million
TABLE 104 Spain Explainable AI Market by Component, 2021 - 2024, USD Million
TABLE 105 Spain Explainable AI Market by Component, 2025 - 2032, USD Million
TABLE 106 Spain Explainable AI Market by Application, 2021 - 2024, USD Million
TABLE 107 Spain Explainable AI Market by Application, 2025 - 2032, USD Million
TABLE 108 Spain Explainable AI Market by End-use, 2021 - 2024, USD Million
TABLE 109 Spain Explainable AI Market by End-use, 2025 - 2032, USD Million
TABLE 110 Italy Explainable AI Market, 2021 - 2024, USD Million
TABLE 111 Italy Explainable AI Market, 2025 - 2032, USD Million
TABLE 112 Italy Explainable AI Market by Deployment, 2021 - 2024, USD Million
TABLE 113 Italy Explainable AI Market by Deployment, 2025 - 2032, USD Million
TABLE 114 Italy Explainable AI Market by Component, 2021 - 2024, USD Million
TABLE 115 Italy Explainable AI Market by Component, 2025 - 2032, USD Million
TABLE 116 Italy Explainable AI Market by Application, 2021 - 2024, USD Million
TABLE 117 Italy Explainable AI Market by Application, 2025 - 2032, USD Million
TABLE 118 Italy Explainable AI Market by End-use, 2021 - 2024, USD Million
TABLE 119 Italy Explainable AI Market by End-use, 2025 - 2032, USD Million
TABLE 120 Rest of Europe Explainable AI Market, 2021 - 2024, USD Million
TABLE 121 Rest of Europe Explainable AI Market, 2025 - 2032, USD Million
TABLE 122 Rest of Europe Explainable AI Market by Deployment, 2021 - 2024, USD Million
TABLE 123 Rest of Europe Explainable AI Market by Deployment, 2025 - 2032, USD Million
TABLE 124 Rest of Europe Explainable AI Market by Component, 2021 - 2024, USD Million
TABLE 125 Rest of Europe Explainable AI Market by Component, 2025 - 2032, USD Million
TABLE 126 Rest of Europe Explainable AI Market by Application, 2021 - 2024, USD Million
TABLE 127 Rest of Europe Explainable AI Market by Application, 2025 - 2032, USD Million
TABLE 128 Rest of Europe Explainable AI Market by End-use, 2021 - 2024, USD Million
TABLE 129 Rest of Europe Explainable AI Market by End-use, 2025 - 2032, USD Million
TABLE 130 Key Information – Microsoft Corporation
TABLE 131 Key Information – IBM Corporation
TABLE 132 Key Information – Google LLC
TABLE 133 Key Information – Salesforce, Inc.
TABLE 134 Key Information – Intel Corporation
TABLE 135 Key Information – NVIDIA Corporation
TABLE 136 Key Information – SAS Institute, Inc.
TABLE 137 Key Information – Databricks, Inc.
TABLE 138 Key Information – Amazon Web Services, Inc.
TABLE 139 Key Information – SAP SE
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Explainable AI Market, 2021 - 2032, USD Million
FIG 3 Key Factors Impacting Explainable AI Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2024
FIG 6 Key Leading Strategies: Percentage Distribution (2021-2025)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2022, dec – 2025, may) Leading Players
FIG 8 Porter’s Five Forces Analysis – Explainable AI Market
FIG 9 Value Chain Analysis of Explainable AI Market
FIG 10 Key Costumer Criteria - Explainable AI Market
FIG 11 Europe Explainable AI Market share by Deployment, 2024
FIG 12 Europe Explainable AI Market share by Deployment, 2032
FIG 13 Europe Explainable AI Market by Deployment, 2021 - 2032, USD Million
FIG 14 Europe Explainable AI Market share by Component, 2024
FIG 15 Europe Explainable AI Market share by Component, 2032
FIG 16 Europe Explainable AI Market by Component, 2021 - 2032, USD Million
FIG 17 Europe Explainable AI Market share by Application, 2024
FIG 18 Europe Explainable AI Market share by Application, 2032
FIG 19 Europe Explainable AI Market by Application, 2021 - 2032, USD Million
FIG 20 Europe Explainable AI Market share by End-use, 2024
FIG 21 Europe Explainable AI Market share by End-use, 2032
FIG 22 Europe Explainable AI Market by End-use, 2021 - 2032, USD Million
FIG 23 Europe Explainable AI Market share by Country, 2024
FIG 24 Europe Explainable AI Market share by Country, 2032
FIG 25 Europe Explainable AI Market by Country, 2021 - 2032, USD Million
FIG 26 Recent strategies and developments: Microsoft Corporation
FIG 27 SWOT Analysis: Microsoft Corporation
FIG 28 Recent strategies and developments: IBM Corporation
FIG 29 SWOT Analysis: IBM Corporation
FIG 30 SWOT Analysis: Google LLC
FIG 31 SWOT Analysis: Salesforce, Inc.
FIG 32 SWOT Analysis: Intel corporation
FIG 33 SWOT Analysis: NVIDIA Corporation
FIG 34 SWOT Analysis: SAS INSTITUTE, INC.
FIG 35 SWOT Analysis: Amazon Web Services, Inc.
FIG 36 SWOT Analysis: SAP SE