Press release
Trends in Insurance Technology Market: Business Analysis 2019-2025 by CAGR, Share, Revenue and Prominent Key Players
Insurance Technology Market Report provides deep analysis about the business module, market size, SWOT analysis, growth opportunities. Top players are Accenture, Agile Financial Technologies, E&Y, HP, IBM, Mphasis, Oracle and More.The key players from Insurance Technology market covered in this study are:
Accenture, Agile Financial Technologies, E&Y, HP, IBM, Mphasis, Oracle, Steria, Amazon Web Service, BSB, Capgemini , Cognizant Technology Solutions , CSC, FICO, Genpact, Google , Informatica, Netapp, Polaris, Rackspace Hosting, Salesforce, SAP, Symantec , TCS, T-Systems , Verizon Communications , VMware , Wipro.
Market analysis done by Product types like Cloud Computing, Big data and Analytics, Social Media, Mobility, Block Chain, Artificial Intelligence, IoT and by Application like Commercial P&C insurance, Personal P&C insurance, Health and medical insurance, Life and accident insurance, Insurance administration and risk consulting, Annuities.
It also provides analysis by Region such as United States, Europe, China, Japan, Southeast Asia, India, Central & South America.
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Eighty-two percent of insurance executives agree their organizations must innovate at an increasingly rapid pace just to maintain a competitive edge. Leading insurers are embracing emerging technologies such as blockchain, virtual reality, and intelligent automation, weaving themselves seamlessly into the fabric of people's everyday lives. Carriers are also broadening their ecosystems, partnering with customers, employees, startups, and even governments to help society harness the power of these technologies while mitigating their risks, empowering their own growth in the process.
Artificial intelligence (AI) is becoming more autonomous and sophisticated, evolving from robotic process automation in the back-office to AI serving customers on the front-line. Four out of five insurance executives believe within the next two years, AI will work next to humans in their organizations, as a co-worker, collaborator and trusted advisor.
To build trust with customers and employees, and reap the benefits of supercharged efficiency, insurers must acknowledge the impact AI has on people’s lives. They must “raise” their AIs to act as responsible, productive members of society. Smart sensors and other Internet of Things devices could generate more than 500 zettabytes of data by 2020. Today’s enterprise infrastructures and the cloud alone cannot support this volume efficiently. The Internet of Thinking will extend data processing beyond the cloud, toward the edge of networks via special-purpose, customizable hardware.
The study objectives of this report are:
To analyze global Insurance Technology status, future forecast, growth opportunity, key market and key players.
To present the Insurance Technology development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
Major Points from Table of Contents
1 Report Overview
2 Global Growth Trends
3 Market Share by Key Players
4 Breakdown Data by Type and Application
5 United States
6 Europe
7 China
8 Japan
9 Southeast Asia
10 India
11 Central & South America
12 International Players Profiles
13 Market Forecast 2018-2025
14 Analyst's Viewpoints/Conclusions
15 Appendix
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