Insurance Technology Market in Europe in IT Consulting & Other Services Industry: Analysis of Key Drivers and Trends

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NEW YORK, June 30, 2021 /PRNewswire/ -- The Insurance Technology Market in Europe report has been added to Technavio's offering. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Our client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies.

The insurance technology market in Europe is expected to grow by USD 13.01 billion during the forecast period, decelerating at a CAGR of 45%.

Download: Analysis on Insurance Technology Market characteristics in Europe
https://www.technavio.com/talk-to-us?report=IRTNTR70648

The increasing adoption of cloud-based solutions in the regional insurance industry is one of the major factors propelling the market growth. However, factors such as data privacy and security concerns will hamper the market growth.

More details: https://www.technavio.com/report/insurance-technology-market-industry-in-Europe-analysis

Insurance Technology Market in Europe: Value chain positioning segment
The insurance technology market share growth in Europe by the marketing and distribution segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

Insurance Technology Market in Europe: Geographic Landscape
33% of the market's growth will originate from the Rest of Europe during the forecast period. The increasing adoption of cloud-based solutions in the regional insurance industry will facilitate the insurance technology market growth in Rest of Europe over the forecast period.

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Companies Covered:

Charles Taylor Ltd.
Descartes Underwriting SAS
Duck Creek Technologies Inc.
Getsafe Digital GmbH
INSTANDA
Majesco
Powszechny Zaklad Ubezpieczen Spólka Akcyjna Group
Qover SA
Quantemplate Technologies Inc.
simplesurance GmbH

What our reports offer:

Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers market data for 2020, 2021, until 2025
Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements

Key Topics Covered:

Executive Summary

Market Overview

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by Value Chain Positioning

Market segments
Comparison by Value chain positioning
Marketing and distribution - Market size and forecast 2020-2025
IT support - Market size and forecast 2020-2025
Claim management - Market size and forecast 2020-2025
Policy administration and management - Market size and forecast 2020-2025
Others - Market size and forecast 2020-2025
Market opportunity by Value chain positioning

Customer landscape

Overview

Geographic Landscape

Geographic segmentation
Geographic comparison
UK - Market size and forecast 2020-2025
France - Market size and forecast 2020-2025
Germany - Market size and forecast 2020-2025
Italy - Market size and forecast 2020-2025
Rest of Europe - Market size and forecast 2020-2025
Market opportunity by geography
Market drivers
Market challenges
Market trends

Vendor Landscape

Overview
Landscape disruption

Vendor Analysis

Vendors covered
Market positioning of vendors
Charles Taylor Ltd.
Descartes Underwriting SAS
Duck Creek Technologies Inc.
Getsafe Digital GmbH
INSTANDA
Majesco
Powszechny Zaklad Ubezpieczen Spólka Akcyjna Group
Qover SA
Quantemplate Technologies Inc.
simplesurance GmbH

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

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Contact
Technavio ResearchJesse MaidaMedia & Marketing Executive
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UK: +44 203 893 3200
Email: [email protected]
Report: https://www.technavio.com/talk-to-us?report=IRTNTR70648