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Global Insurance Software Market to Grow 4% by 2020 - Changing Consumer Demands are Driving Growth

03-03-2017 01:41 PM CET | IT, New Media & Software

Press release from: Technology Market Reports - MRH

IT Analysis

IT Analysis

Market Research Hub’s analyst predicts that the global insurance software market will grow at a CAGR of more than 4% between 2016 and 2020.The global insurance industry is a potential market for technology providers. The increased expenditure on technology by the insurance sector has moved the focus on productivity and efficiency, and has brought in a wide range of challenges to insurers. The uncertainty in financial markets, changing consumer demands, and digitally savvy new competitors have emerged as new challenges to the insurance companies.

Request Free Sample Report@ http://www.marketresearchhub.com/enquiry.php?type=S&repid=902783

This report covers the present scenario and the growth prospects of the global insurance software market for 2016-2020. To calculate the market size, the report considers the revenue generated by the sales of the insurance software worldwide.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

The report, Global Insurance Software Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Microsoft
• Oracle
• Salesforce
• SAP

Other prominent vendors

• Accenture
• Acturis
• Automated Workflow Private Limited (AWPL)
• Buckhill
• Computer Professionals Inc. (CPI)
• Computer Sciences Corporation (CSC)
• Dell
• Ebix
• EIS Group
• Guidewire Software
• Hyland Software
• Insly
• Insurity
• Lexmark International
• MedinyX
• Pegasystems
• Sapiens International Corporation
• SAS
• Solartis
• Transactor
• Vertafore

Market driver
• Increase in client demand and competitive environment.
• For a full, detailed list, view our report

Market challenge
• Adherence to compliance in insurance industry.
• For a full, detailed list, view our report

Market trend
• Emergence of SaaS-based insurance software.
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Read Full Report with TOC@ http://www.marketresearchhub.com/report/global-insurance-software-market-2016-2020-report.html

About Market Research Hub:

Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of ICT Market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

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