Insurance Analytics Market to Reach US$ 11.96 Billion Growing at CAGR 12.5% to 2022| Top Technologies, Overview, Key Insights and Company Profiles

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The Global Insurance Analytics Market to grow from US$ 6.63 Billion in 2018 to US$ 11.96 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 12.5% during the forecast period. Rapid adoption of data-driven decision-making process and advanced analytics techniques is driving the market.

Top Key Players in the “Insurance Analytics Market” include are
• IBM (US)
• Microsoft (US)
• Oracle (US)
• SAP SE (Germany)
• Salesforce (US)
• SAS Institute (US)
• OpenText (Canada)
• Verisk Analytics (US)
• Tableau Software (US)
• Pegasystems (US)
• Hexaware (India)
• Guidewire (US)
• MicroStrategy (US)
• Sapiens International (Israel)
• LexisNexis (US)
• Palantir (US)
• TIBCO Software (US)
• Applied Systems (US)
• Birst (US)
• BOARD International (Switzerland)
• Mitchell International (US)
• QlikTech (US)
• Vertafore (US)
• PrADS Inc. (US)
• BRIDGEi2i (India)

Browse 73 Tables and 51 Figures, 25 Companies, spread across 179 pages available at https://www.reportsnreports.com/purchase.aspx?name=1495620 .

Insurance companies are now widely adopting various technology solutions including analytics for their internal and customer-facing services. For example, multi-line carriers that supply both consumer policies — for homes, cars and small groups — in addition to business services, such as P&C insurance, run many applications to handle underwriting, claims, and CRM.

The APAC region is expected to grow at the fastest rate in the global insurance analytics market during the forecast period, due to its growing technology adoption rate. Rapid economic developments, globalization, digitalization, and the increased adoption of cloud-based technologies are expected to drive the insurance analytics market in the APAC region. North America, followed by Europe, is expected to continue being the largest revenue-generating region for the insurance analytics vendors, over the next 5 years.

Study Objectives:
The objective of the report is to define, describe, and forecast the insurance analytics market trends based on component, business application, end-user, deployment model, organization size, industry, and region. The report provides detailed information related to the major factors, such as drivers, restraints, opportunities, and challenges, influencing the market growth.

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Reasons to Buy the Report:
• To gain a wide range information about the top players in this market space, their product portfolios, and the key strategies adopted by them
• To get a comprehensive overview of the global insurance analytics market
• To gain insights of the major countries/regions, in which the insurance analytics market is flourishing in various industry verticals

Target Audience:
• Cloud Service Providers (CSPs)
• Managed Service Providers (MSPs)
• Insurance analytics tools vendors
• System integrators
• Networking companies
• Third-party providers
• Value-added Resellers (VARs)
• Government agencies
• Technology providers
• Consultants/consultancies/advisory firms
• Support and maintenance service providers

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