Market Research Engine has published a new report titled as “Insurance Analytics Market Size By Deployment Mode (On Cloud, On premise), By Organization (Large enterprises, SMEs), By End Users (Insurance Companies, Government Agencies, Third-party Administrators, Brokers and Consultancies), By Component (Tools, Services), By Application ( Claims Management, Risk Management, Customer Management and Personalization, Process Optimization, Others), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2021-2027.”
Insurance analytics is nothing but the analyzing, collecting and extracting related insights from multiple data sources to efficiently handle risks and provides the best possible insurance contracts in fields such as property, health, life, or casualty, among others. Analytics in insurance assists to create customer behavior and further, it is used to foretell the demand for different insurance products by the insurance companies. The application of insurance analytics has decreased the standard work to spot troublesome claims. Solutions and Insurance analytics tools support brokers and companies to efficiently assure stable financial operations and liquidity, track payments and monitor several operational expenses such as operations, sales, marketing, or customer support. Growing focus on enhancing customer experience and the rising trend of digitalization would drive the market development. Nevertheless, increasing cyberattacks and its threats is expected to restrain the market progress.
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Insurance Analytics Market is projected to grow up to US$ 21.83 billion by 2027 growing at a CAGR of 16% during the forecasting period 2021-2027
The global market report scope consists of a comprehensive study covering primary factors impacting the industry trends. The study includes analysis of regional and country-level market dynamics. The scope also consists of competitive overview offering company market shares coupled with company profiles for key revenue contributing companies. The report scope covers a detailed competitive outlook covering market shares and profiles of key participants in the market share.
Major Market Players
The key players of the market are IBM, Salesforce, Oracle, Microsoft, Sapiens, OpenText, SAP, Verisk Analytics, SAS Institute, Vertafore, TIBCO, Qlik, Board International, BRIDGEi2i, MicroStrategy, Guidewire Software, LexisNexis Risk Solutions, WNS, Hexaware Technologies, Pegasystems, Applied Systems, InsuredMine
The Insurance Analytics Market report has been categorized as below
By Deployment Mode
- On Cloud
- On premise
- Large enterprises
By End Users
- Insurance Companies
- Government Agencies
- Third-party Administrators, Brokers and Consultancies
- Claims Management
- Risk Management
- Customer Management and Personalization
- Process Optimization
- North America
- Asia Pacific
- Rest of the World
The years considered for the study are as follows:
- Base year – 2020
- Estimated year – 2021
- Projected year – 2022
- Forecast period – 2021 to 2027
Key Questions Addressed by the Report
- New products/service competitors are exploring?
- Key players in the 3D printing filament market and how extreme is the competition?
- What are the future market trends that manufacturers are emphasizing on in the future updates?
- For each segment, what are the crucial opportunities in the market?
- What are the key growth strategies embraced by key market players in the market?
- What are the key success strategies adopted by major competitors in the market?
Why Buy this Report:
- Obtain comprehensive insights on the 3D printing filament & market trends
- Note comprehensive analysis of the market status
- Identifies the market opportunities and growth segments
- Assessing business segments & product portfolios, and explain competitive dynamics
- Provide strategy planning and industry dynamics to strengthen decision making
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Table of Contents:
- Insurance Analytics Market Introduction
1.1. Key Insights
1.2. Report Overview
1.3. Markets Covered
2. Research Methodology
3. Executive Summary
- Market Overview
5. By Deployment Mode
6. By End User
7. By Component
8. By Organization Size
9. By Application
10. By Region
11. Company Profile
(Profile contain company overview, products/services, financials & recent developments)
11.8. Verisk Analytics
11.9. SAS Institute
11.13. Board International
11.16. Guidewire Software
11.17. LexisNexis Risk Solutions
11.19. Hexaware Technologies
11.21. Applied Systems
Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.
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