Press release
Artificial Intelligence in Insurance Market Size, Innovative Technology, Growing Prominence Analysis & Forecast to 2027
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Key Players:
1. Amazon Web Services, Inc.
2. Avaamo
3. Cape Analytics, LLC
4. IBM
5. Lemonade, Inc.
6. Microsoft
7. Osp Labs Pvt Ltd
8. Shift Technology
9. Trov Insurance Solutions, LLC
10. Wipro Limited
What is the Dynamics of Artificial Intelligence in Insurance Market?
The rising necessity to provide personalized insurance services and the increasing need to automate the operational process are some of the significant factors driving the growth of artificial intelligence in insurance market. However, the lack of technical expertise related to complex AI algorithms is one of the major factors which may restrain the growth of artificial intelligence in insurance market. Nevertheless, advancements in machine learning and deep learning algorithms are anticipated to bring new opportunities for artificial intelligence in insurance market.
What is the Market Segmentation?
The global artificial intelligence in insurance market is segmented on the basis of component, technology, deployment, application, end users. On the basis of component, the market is segmented as software, services. On the basis of technology, the market is segmented as machine learning and deep learning, natural language processing (NLP), machine vision, robotic automation. On the basis of deployment, the market is segmented as on-cloud, on-premise. On the basis of application, the market is segmented as claims management, risk management and compliance, chatbots, others. On the basis of end users, the market is segmented as life insurance, health insurance, title insurance, auto insurance, others.
The report analyzes factors affecting artificial intelligence in insurance market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the artificial intelligence in insurance market in these regions.
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Table Of Content
1.INTRODUCTION
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. Artificial Intelligence in Insurance MARKET LANDSCAPE
5. Artificial Intelligence in Insurance MARKET – KEY MARKET DYNAMICS
6. Artificial Intelligence in Insurance MARKET – GLOBAL MARKET ANALYSIS
7. Artificial Intelligence in Insurance MARKET – REVENUE AND FORECASTS TO 2027 – DEPLOYMENT TYPE
8. Artificial Intelligence in Insurance MARKET – REVENUE AND FORECASTS TO 2027 – ENTERPRISE SIZE
9. Artificial Intelligence in Insurance MARKET – REVENUE AND FORECASTS TO 2027 – END-USER
10. Artificial Intelligence in Insurance MARKET REVENUE AND FORECASTS TO 2027 – GEOGRAPHICAL ANALYSIS
11. INDUSTRY LANDSCAPE
Sameer Joshi
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