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AI in Insurance Market : Opportunity Analysis and Industry Forecast, 2031 | Pegasystems Inc., Quantemplate, Salesforce, Inc., SAP SE, SAS Institute Inc., Shift Technology, SimpleFinance, Slice Insurance Technologies, Vertafore, Inc., Zego

AI in Insurance Market : Opportunity Analysis and Industry

Allied Market Research published a report, titled, "AI in Insurance Market by Offering (Hardware, Software, Service), by Deployment Model (On-premise, Cloud), by Technology (Machine Learning, Natural Language Processing, Computer Vision, Others), by Enterprise Size (Large Enterprises, SMEs), by End-user (Life and Health Insurance, Property and Casualty Insurance), by Application (Fraud Detection and Credit Analysis, Customer Profiling and Segmentation, Product and Policy Design, Underwriting and Claims Assessment): Global Opportunity Analysis and Industry Forecast, 2021-2031". According to the report, the global AI in insurance industry generated $2.74 billion in 2021, and is anticipated to generate $45.74 billion by 2031, witnessing a CAGR of 32.5% from 2022 to 2031.

Download Sample Report (Get Full Insights in PDF - 250 Pages) @ https://www.alliedmarketresearch.com/request-sample/11980

Landscape:

The key players that operate in the AI in insurance market are Applied Systems, Cape Analytics, IBM Corporation, Microsoft Corporation, OpenText Corporation, Oracle Corporation, Pegasystems Inc, Quantemplate, Salesforce, Inc, SAP SE, SAS Institute Inc, Shift Technology, SimpleFinance, Slice Insurance Technologies, Vertafore, Inc, Zego, and Zurich Insurance Group Ltd. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

Top Impacting Factors

Increase in investment by insurance companies in AI and machine learning
Rise in preference for personalized insurance services

Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the ai in insurance market analysis from 2021 to 2031 to identify the prevailing ai in insurance market opportunities.

The market research is offered along with information related to key drivers, restraints, and opportunities.

Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the ai in insurance market outlook segmentation assists to determine the prevailing market opportunities.

Major countries in each region are mapped according to their revenue contribution to the global ai in insurance market opportunity.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

The report includes the analysis of the regional as well as global ai in insurance market trends, key players, market segments, application areas, and ai in insurance market forecast strategies.

AI in Insurance Market Report Highlights

Aspects Details
Offering
Hardware
Software
Service

Deployment Model
On-premise
Cloud

Technology
Machine Learning
Natural Language Processing
Computer Vision
Others

Enterprise Size
Large Enterprises
SMEs
End-user

Life and Health Insurance
Property and Casualty Insurance

Application
Fraud Detection and Credit Analysis
Customer Profiling and Segmentation
Product and Policy Design
Underwriting and Claims Assessment

Segment review

The AI in insurance market is segmented on the basis of offering, deployment model, technology, enterprise size, end users, application, and region. On the basis of offering, the market is categorized into hardware, software, and service. On the basis of deployment model, the market is bifurcated into on-premise and cloud. By technology, it is classified into machine learning, natural language processing, computer vision, and others. On the basis of enterprise size, the market is classified into large enterprise and SMEs. On the basis of end user, it is classified into life & health Insurance and property & casualty insurance. On the basis of application, the market is classified into fraud detection & credit analysis, customer profiling & segmentation, product & policy design, and underwriting & ai in insurance claims assessment. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Points from the Report-

• Top players operating in the AI in insurance market
• Major revenue-generating sectors with regional trends and opportunities
• Regulations and development inclinations
• Portfolios of companies, along with their financial information and investment strategies
• Venture Entrepreneurs

Inquire before Buying this Research @ https://www.alliedmarketresearch.com/purchase-enquiry/11980

FREQUENTLY ASKED QUESTIONS?
Q1. What are the upcoming trends of AI in Insurance Market in the world?
Q2. Which is the largest regional market for AI in Insurance?
Q3. What is the estimated industry size of AI in Insurance?
Q4. Which are the top companies to hold the market share in AI in Insurance?

Full Report : https://www.alliedmarketresearch.com/ai-in-insurance-market-A11615

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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