Press release
Big Data in the Insurance Market is booming worldwide with Information Builders, Infosys, Infoworks, NTT Data Corporation, Numerify, NuoDB, NVIDIA Corporation
Big Data in the Insurance
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SNS Telecom & IT estimates that Big Data investments in the insurance industry will account for more than $2.4 Billion in 2018 alone. Led by a plethora of business opportunities for insurers, reinsurers, insurance brokers, InsurTech specialists and other stakeholders, these investments are further expected to grow at a CAGR of approximately 14% over the next three years.
List of Companies Mentioned: Aetna, AFS Technologies, Alation, Algorithmia, BackOffice Associates, Basho Technologies, BCG (Boston Consulting Group), Bedrock Data, BetterWorks, CACI International, Cambridge Semantics, Cape Analytics, Capgemini, Dataiku, Datalytyx, Datameer, HCL Technologies, Hedvig, Hitachi Vantara, IBM Corporation, iDashboards, IDERA, Informatica, Information Builders, Infosys, Infoworks, NTT Data Corporation, Numerify, NuoDB, NVIDIA Corporation.
Market forecasts are provided for each of the following submarkets and their subcategories:
Hardware, Software & Professional Services
Hardware
Software
Professional Services
Horizontal Submarkets
Storage & Compute Infrastructure
Networking Infrastructure
Hadoop & Infrastructure Software
SQL
NoSQL
Analytic Platforms & Applications
Cloud Platforms
Professional Services
Application Areas
Auto Insurance
Property & Casualty Insurance
Life Insurance
Health Insurance
Multi-Line Insurance
Other Forms of Insurance
Reinsurance
Insurance Broking
Use Cases
Personalized & Targeted Marketing
Customer Service & Experience
Product Innovation & Development
Risk Awareness & Control
Policy Administration, Pricing & Underwriting
Claims Processing & Management
Fraud Detection & Prevention
Usage & Analytics-Based Insurance
Other Use Cases
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The report covers the following topics:
Big Data ecosystem
Market drivers and barriers
Enabling technologies, standardization and regulatory initiatives
Big Data analytics and implementation models
Business case, application areas and use cases in the insurance industry
20 case studies of Big Data investments by insurers, reinsurers, InsurTech specialists and other stakeholders in the insurance industry
Future roadmap and value chain
Profiles and strategies of over 270 leading and emerging Big Data ecosystem players
Strategic recommendations for Big Data vendors and insurance industry stakeholders
Market analysis and forecasts from 2018 till 2030
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