Insurance Analytics Market Top Companies, Trends and Future Details for Business Opportunity 2023-2028 - PowerPoint PPT Presentation

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Insurance Analytics Market Top Companies, Trends and Future Details for Business Opportunity 2023-2028

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The global insurance analytics market size reached US$ 11.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 23.3 Billion by 2028, exhibiting a growth rate (CAGR) of 12.7% during 2023-2028 More info: – PowerPoint PPT presentation

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Title: Insurance Analytics Market Top Companies, Trends and Future Details for Business Opportunity 2023-2028


1
Global Insurance Analytics Market Research and
Forecast Report 2023-2028




Author Elena Anderson Marketing Manager IMARC
Group
2022 IMARC All Rights Reserved
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2
About IMARC Group
Report Description
International Market Analysis Research and
Consulting Group is a leading adviser on
management strategy and market research
worldwide. We partner with clients in all regions
and industry verticals to identify their
highest-value opportunities, address their most
critical challenges, and transform their
businesses. IMARCs information products include
major market, scientific, economic and
technological developments for business leaders
in pharmaceutical, industrial, and high
technology organizations. Market forecasts and
industry analysis for biotechnology, advanced
materials, chemicals, food and beverage, travel
and tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
Report Description and Highlights
Report Description
Global Insurance Analytics Market Research
Report 2023-2028 According to the latest report
by IMARC Group, titled "Insurance Analytics
Market Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2023-2028," the
global insurance analytics market reached a value
of US 11.2 Billion in 2022. Insurance
analytics includes various statistical methods
that are generally adopted by insurance companies
for managing offers and risks related to
insurance policies. It involves the utilization
of analytics tools that additionally assist in
identifying business insights for an effective
decision-making process. Some of the common
insurance analytics software includes guidewire
live, lemonade, V2verify, tractable, slice,
scoredata and genesis engage. As a result, it
aids in optimizing customer relationship
processes and creating reliable reports for
several product lines. Due to a considerable rise
in data generation across the insurance sector,
there has been an increase in the adoption of
analytic solutions across the globe. Request for
a PDF sample of this report https//www.imarcgro
up.com/insurance-analytics-market/requestsample

4
Report Description and Highlights
Report Description

Global Insurance Analytics Market Trends The
global market is primarily driven by significant
growth in the insurance sector. Along with this,
continual technological advancements across the
sector are creating a positive market outlook. In
line with this, the rising adoption of robotic
process automation (RPA), application programming
interfaces (APIs) and data analytics is acting as
a major growth-inducing factor. In addition to
this, rapid digitization across the globe has
encouraged multiple businesses to heavily invest
in the deployment of modern methods for providing
integrated and value-added services to customers,
which is further propelling the product demand.
Moreover, the increasing incidences of fraudulent
activities and data thefts have led to the
implementation of stringent government policies,
which, in turn, are providing a boost to the
market. Other factors, including intensive
business competition, continuous improvements in
the information technology (IT) infrastructure,
and extensive research and development (RD)
activities conducted by key players for
introducing improved solutions, are also
projected to drive the market growth. On
account of the aforementioned factors, the market
is anticipated to reach a value of US 23.3
Billion by 2028, exhibiting a CAGR of 12.7
during 2023-2028. View Report TOC, Figures and
Tables https//www.imarcgroup.com/insurance-analy
tics-market
5
Report Description and Highlights
Report Description
  • Key Market Segmentation
  • The research report includes the following
    segments
  • Breakup by Component
  • Solution
  • Service
  • Breakup by Deployment Mode
  • On-premises
  • Cloud-based
  • Breakup by Enterprise Size
  • Small and Medium-sized Enterprises
  • Large Enterprises
  • Breakup by End User
  • Insurance Companies
  • Government Agencies
  • Third-party Administrators, Brokers and
    Consultancies


6
Report Description and Highlights
Report Description
  • Breakup by Application
  • Claims Management
  • Risk Management
  • Customer Management
  • Sales and Marketing
  • Others
  • Breakup by Region
  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa


7
Report Description and Highlights
Report Description
  •  
  • Competitive Landscape with Key Players
  • Applied Systems Inc.
  • Hexaware Technologies Limited
  • International Business Machines Corporation
  • LexisNexis Risk Solutions (RELX PLC)
  • Microsoft Corporation
  • MicroStrategy Incorporated
  • Open Text Corporation
  • Oracle Corporation
  • Pegasystems Inc.
  • Salesforce.com inc.
  • SAP SE
  • Sapiens International Corporation


8
Key Questions Answered in the Report
Report Description

1. What was the size of the global insurance
analytics market in 2022? 2. What is the expected
growth rate of the global insurance analytics
market during 2023-2028? 3. What are the key
factors driving the global insurance analytics
market? 4. What has been the impact of COVID-19
on the global insurance analytics market? 5. What
is the breakup of the global insurance analytics
market based on the component? 6. What is the
breakup of the global insurance analytics market
based on the deployment mode? 7. What is the
breakup of the global insurance analytics market
based on the enterprise size? 8. What is the
breakup of the global insurance analytics market
based on the application? 9. What is the breakup
of the global insurance analytics market based on
the end user? 10. What are the key regions in the
global insurance analytics market? 11. Who are
the key players/companies in the global insurance
analytics market?
9
Table of Contents
Report Description

1 Preface 2 Scope and Methodology 2.1
Objectives of the Study 2.2 Stakeholders
2.3 Data Sources 2.3.1 Primary
Sources 2.3.2 Secondary Sources
2.4 Market Estimation 2.4.1
Bottom-Up Approach 2.4.2 Top-Down
Approach 2.5 Forecasting Methodology 3
Executive Summary 4 Introduction 4.1
Overview 4.2 Key Industry Trends 5
Global Insurance Analytics Market 5.1
Market Overview 5.2 Market Performance
5.3 Impact of COVID-19 5.4 Market
Forecast
10
Table of Contents
Report Description
6 Market Breakup by Component 6.1
Solution 6.1.1 Market Trends
6.1.2 Market Forecast 6.2 Service
6.2.1 Market Trends 6.2.2 Market
Forecast 7 Market Breakup by Deployment Mode
7.1 On-premises 7.1.1 Market Trends
7.1.2 Market Forecast 7.2
Cloud-based 7.2.1 Market Trends
7.2.2 Market Forecast Click here to visit the
complete table of content with list of figures
and tables https//www.imarcgroup.com/insurance-
analytics-market/toc

11
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
12
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
13
Report Description and Highlights
Report Description

2022 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
14

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