openPR Logo
Press release

Insurance Analytics Market key players 2025 : Hexaware, Guidewire, Sapiens International, LexisNexis, Palantir, Birst, Pegasystems, OpenText, BOARD International, Mitchell International

04-10-2019 11:02 AM CET | IT, New Media & Software

Press release from: TMR Research

Insurance Analytics Market key players 2025 : Hexaware,

Global Insurance Analytics Market: Overview

The report details an exhaustive account of the global insurance analytics market along with numerous associated factors. The factors included in the report are drivers, restraints, competitive analysis, latest trends and opportunities, geographical outlook, and many other aspects. The study covered in the report spans a forecast period from 2017 to 2025. From an overall perspective, the report is expected to exist as a valuable insight to businesses which are already operating in the market, as well for those who intend to newly establish themselves in the environment.

The global insurance analytics market is mainly segmented on the basis of component, service, business application, deployment model, organization size, end-users, and regions. Based on component, the market consists of tool and service as key segments. Under service, managed service, professional services, consulting, deployment and integration, and support and maintenance, are prime segments comprising the global insurance analytics market.

The business application criteria is divided into several segments such as claim management, risk management, process optimization, customer management and personalization, and others. Under deployment mode, the global insurance analytics market consists of two prime segments, viz. cloud and on-premises. The market consists of two segments again under the criteria of organization size, viz. large enterprises, and small and medium enterprises. Lastly, under end user, three prime segments comprise the global insurance analytics market: government agencies, insurance companies, and third-party administrators, brokers, and consultancies.

Request Sample Copy of the Report @
https://www.tmrresearch.com/sample/sample?flag=B&rep_id=3500

Global Insurance Analytics Market: Drivers and Restraints

This market is mainly being driven due to a large-scale adoption of decision-making process that highly depends on analysis of data derived from relevant insurance-based activities. Widespread advancements in analytical techniques is also responsible for significantly propelling the global insurance analytics market’s growth. Changing mindsets among masses regarding the need for proper insurance is another factor leading to an increased growth registered by the insurance analytics market.

However, risk of security breaches through the programs used for carrying out analytical programs is hindering the global insurance analytics market’s growth substantially. Lack of skilled workforce mainly in underdeveloped and remote regions is also proving to be detrimental to this market. Improper integration of relevant systems in certain regions where less awareness about insurance analytics exists is posing as a key obstacle to the market’s expansion too. Nevertheless, many players are carrying out extensive research and innovation to develop better services in the market, which is expected to dilute some of the restraints acting on the market.

Global Insurance Analytics Market: Geographical Outlook

This market is mainly spread across North America, South America, the Middle East and Africa, Asia Pacific, and Europe. Rapid advancements in cloud computing, data analytics software programs, and favorable government initiatives to spread awareness about the need for insurance are occurring in Europe and North America. Thus, these factors are highly responsible for making the market hold a leading position in this region. However, a rising awareness about the benefits of applying for insurance in Asia Pacific coupled with improving financial scenario is projected to make this region attract extensive growth in future.

Request TOC of the Report @
https://www.tmrresearch.com/sample/sample?flag=T&rep_id=3500

Global Insurance Analytics Market: Competitive Landscape

Most companies are adopting organic and inorganic growth strategies to grow in global insurance analytics market. They also are taking part in partnerships, collaboration, mergers and acquisitions, as key business strategies. The competition is expected to become highly intense as the number of players in the market increases. IBM, Verisk Analytics, Oracle, PrADS Inc., SAP SE, Salesforce, TIBCO Software, SAS Institute, Tableau Software, Vertafore, Applied Systems, MicroStrategy, Hexaware, Guidewire, Sapiens International, LexisNexis, Palantir, Birst, Pegasystems, OpenText, BOARD International, Mitchell International, QlikTech, Microsoft, and BRIDGEi2i, are key players operating in the global insurance analytics market.

About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Contact:
TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Insurance Analytics Market key players 2025 : Hexaware, Guidewire, Sapiens International, LexisNexis, Palantir, Birst, Pegasystems, OpenText, BOARD International, Mitchell International here

News-ID: 1697188 • Views: 836

More Releases from TMR Research

Configuration Management Market 2018-2028 | CA Technologies, BMC Software, Oracl …
Global Configuration Management Market: Overview The demand within the global configuration management market is rising on account of advancements in the domain of product analysis and optimization. Development of a product or system is followed by a rigorous process of optimization to increase the efficiency and life of the system. The need to retain the utility and effectiveness of products has created tremendous demand within the global configuration management market. The
Security Orchestration Automation and Response Market | Qualitative Opportunitie …
Global Security Orchestration Automation and Response Market: Overview The demand within the global security orchestration automation and response is growing on account of advancements in the field of organizational security. The need to protect data and key assets across companies and organizations has played an integral role in the growth of the global security orchestration automation and response market. Furthermore, the growing level of automation across industrial and commercial units has
Global AI in Fashion Market Overview, Development, Segment by Type, Application …
AI in Fashion Market: Overview The global market for AI in fashion is expected to witness a stellar growth in coming few years. The market is expected flourish due to emergence of several fashion trends all across the globe. Fashion across the globe keeps on changing at a moment’s notice. It has become incredibly hard to keep a solid track of all the important fashion related activities. This has been a
Crowdsourced Security Market 2018 - 2028 | TMR Research
Crowdsourced Security Market: Overview The global crowdsourced security market is expected develop at a healthy pace in the coming years of the forecast period of 2018 to 2028. The mobile phone application segment of the crowdsourced security market is expected to develop at a rapid pace in these coming years. The rate of adoption of these mobile application is growing at a great pace and is thus helping the market to

All 5 Releases


More Releases for Analytics

Healthcare Predictive Analytics Market
The mounting concern for optimizing healthcare costs among myriad healthcare providers and payers is a key factor boosting the demand for predictive analytics in the healthcare sector. The ever-growing need for boosting patient outcomes and improving the quality of care is a seminal trend boosting the evolution of healthcare productive analytics. In recent years, there is a surging interest among payer organizations and several healthcare institutions in using predictive tools
Healthcare Analytics Market
Healthcare Analytics Market – Global Industry Analysis and Forecast (2017-2026) _ by Type, Component, Delivery Mode, Application, End-user and by Geography Healthcare Analytics Market is expected to reach USD 42.4 Billion by 2024 from USD 7.1 Billion in 2016 at a CAGR of 29.1%. This is a comprehensive global report focused on the current and future prospects of the Healthcare Analytics Market. This report is a consolidation of primary and secondary
Operational Analytics Market Growth Analytics 2025
Global Operational Analytics Market: Snapshot The global operational analytics market is prognosticated to showcase a high potential for growth in the forthcoming years on the back of decisive factors such as the dominating advent of Internet of things (IoT)-enabled devices. The growth of the global operational analytics market could be on account of the rise in demand for cloud-based arrangements. Trouble-free maintenance and optimal cost could be some of the critical
Predictive Analytics Market Share
According to a new report, “Predictive Analytics Market (2017 – 2023)”, published by KBV research, the Global Predictive Analytics Market size is expected to reach $13.8 billion by 2023, rising at a market growth of 21% CAGR during the forecast period. The North America market holds the largest market share in Global Risk Analytics Solution Market by Region in 2016, and would continue to be a dominant market till 2023; growing
Business Analytics Software Market:
Business analytics software helps in interpretation and analysis of business data through continuous exploration and investigation of historical business performance to gain decisive insights for business planning. Through the application of statistical methods and tools in business performance data, a business analytics software conducts predictive analysis to derive decision making insights and inputs. A business analytics software thus helps an organization optimize its business operations and facilitates informed and strategic
Global Analytics Service Market by Type: Predictive analytics, Prescriptive anal …
Learning Objective • To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the global Analytics as a service Market. • To provide insights about factors affecting the market growth. • To Analyze the Analytics as a service Market based on various factors- porters five force analysis, mega trend analysis, macroeconomic indicators etc. • To provide historical and forecast revenue of the