1h Free Analyst Time
The insurance analytics market is forecasted to grow by USD 16.12 billion during 2024-2029, accelerating at a CAGR of 16.7% during the forecast period. The report on the insurance analytics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing government regulations on mandatory insurance coverage in developing countries, increasing availability of big data tools, and growing need for insurers to make data-driven decisions.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The insurance analytics market is segmented as below:
By Deployment
- Cloud
- On-premises
By Component
- Tools
- Services
By Type
- Risk management
- Claims management
- Customer management
- Process optimization
- Fraud detection
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the insurance analytics market covers the following areas:
- Insurance Analytics Market sizing
- Insurance Analytics Market forecast
- Insurance Analytics Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Deployment
9 Market Segmentation by Component
10 Market Segmentation by Type
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global insurance analytics market: Applied Systems Inc., Capgemini Service SAS, Cognizant Technology Solutions Corp., Deloitte Touche Tohmatsu Ltd., Ernst and Young Global Ltd., Guidewire Software Inc., International Business Machines Corp., Majesco, MicroStrategy Inc., Oracle Corp., Pegasystems Inc., QlikTech International AB, RELX Plc, Roper Technologies Inc., Salesforce Inc., SAP SE, SAS Institute Inc., TIBCO Software Inc., Verisk Analytics Inc., and WNS Holdings Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing adoption of insurance in developing countries."
According to the report, one of the major drivers for this market is the increasing government regulations on mandatory insurance coverage in developing countries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Applied Systems Inc.
- Capgemini Service SAS
- Cognizant Technology Solutions Corp.
- Deloitte Touche Tohmatsu Ltd.
- Ernst and Young Global Ltd.
- Guidewire Software Inc.
- International Business Machines Corp.
- Majesco
- MicroStrategy Inc.
- Oracle Corp.
- Pegasystems Inc.
- QlikTech International AB
- RELX Plc
- Roper Technologies Inc.
- Salesforce Inc.
- SAP SE
- SAS Institute Inc.
- TIBCO Software Inc.
- Verisk Analytics Inc.
- WNS Holdings Ltd.
