Global Insurance Analytics Market Analysis, Trends, and Forecasts 2019-2025 – ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)-- The "Insurance Analytics - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

Insurance Analytics market worldwide is projected to grow by US$8.3 Billion, driven by a compounded growth of 12.6%.

Claims Management, one of the segments analyzed and sized in this study, displays the potential to grow at over 12.7%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$4.9 Billion by the year 2025, Claims Management will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 13.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$333.1 Million to the region's size and clout in the next 5 to 6 years. Over US$398.8 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Claims Management will reach a market size of US$432.9 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 12.5% over the next couple of years and add approximately US$1.5 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others,

• Applied Systems Inc.
• Birst, Inc.
• BOARD International
• Bridgei2i Analytics Solutions
• Guidewire Software, Inc.
• Hexaware Technologies Ltd.
• IBM Corporation
• LexisNexis Group Inc.
• Microsoft Corporation
• MicroStrategy, Inc.
• OpenText Corporation
• Oracle Corporation
• Palantir Technologies
• Pegasystems, Inc.
• Prads Inc.
• Qlik Technologies, Inc.
• Salesforce.com, Inc.
• SAP SE
• SAS Institute, Inc.
• Tableau Software, Inc.
• TIBCO Software, Inc.
• Verisk Analytics, Inc.
• Vertafore, Inc.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Increasing Demand for Digitalization, Advanced Analytics, Automation and AI in Insurance Sector Drives Growth for Insurance Analytics Market
• On-Demand Insurance Goes Mainstream
• Competition
• Leading Insurance Software Vendors in the Global Insurance Analytics Market
• Global Insurance Market for the Year 2019: Percentage Share Breakdown of Value Sales by Leading Vendors
• Global Competitor Market Shares
• Insurance Analytics Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Rapid Shift from Report-Driven Strategy to Data-Driven Decision Making in the Insurance Sector Propels Growth for Insurance Analytics
• Global Internet Data Generated Per Minute by Various Apps for the Year 2018
• Fast Adoption of Advanced Insurance Analytics Techniques: An Opportunity Indicator
• Global Big Data Market: Revenues in US$ Billion by Segment for the Years 2019 and 2025
• Increasing Demand for Innovative Insurance Analytics Tools and Services Lead to Growth
• Growth in Adoption of AI and IoT in Insurance Sector Augurs Well for Insurance Analytics Market
• Global IoT Connected Devices Market: Breakdown of Installed Base in Billion for the Years from 2015, 2018, 2021, and 2024
• Global AI Market: Revenues in US$ Billion for the Years 2015, 2018, 2021, 2024
• Consumer IoT Offers Significant Growth Opportunities for Insurance Analytics Market
• Global IoT Market: Spending in US$ Billion by Segment for the Year 2019
• IoT Faces Data Management, Security and Ownership Challenges in Insurance Analytics Market
• Product Overview
• Insurance Analytics: An Introduction
• Insurance Analytics: Business Applications
• Process Optimization
• Risk Management
• Customer Management and Personalization
• Claims Management
• Insurance Analytics by Type
• On-Demand Insurance
• On-Premise Insurance

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

• Market Facts & Figures
• US Insurance Analytics Market Share (in %) by Company: 2019 & 2025
• Market Analytics

CANADA

JAPAN

CHINA

EUROPE

• Market Facts & Figures
• European Insurance Analytics Market: Competitor Market Share Scenario (in %) for 2019 & 2025
• Market Analytics

FRANCE

GERMANY

ITALY

UNITED KINGDOM

REST OF EUROPE

ASIA-PACIFIC

REST OF WORLD

IV. COMPETITION

V. CURATED RESEARCH

For more information about this report visit https://www.researchandmarkets.com/r/3gbgqj

View source version on businesswire.com: https://www.businesswire.com/news/home/20200228005189/en/

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Source: Research and Markets