The analysts forecast the global insurance software market to grow at a CAGR of 4.59% during the period 2016-2020.
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.
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Covered in this report
The 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. The 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?
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Table Of Contents – Major Key Points
PART 01: Executive summary
• Highlights
• Overview of numbers
PART 02: Scope of the report
• Market overview
• Major vendor offerings
PART 03: Assumption
• Market assumptions
PART 04: Market research methodology
• Research methodology
• Economic indicators
PART 05: Introduction
• Key market highlights
PART 06: Market landscape
• Market overview
• Market developments
• New regulatory framework
PART 07: Industry overview
• Insurance sector
PART 08: Product life cycle
• Product life cycle
PART 09: Market size and forecast
• Market size and forecast
PART 10: Market segmentation by deployment model
• Deployment models
PART 11: Geographical segmentation
• Geographical segmentation
• Insurance software market in Americas
• Insurance software market in EMEA
• Insurance software market in APAC
PART 12: Market drivers
• Need to simplify the process
• Increase in client demand and competitive environment
• Rise in RPA in insurance industry
PART 13: Impact of drivers
PART 14: Market challenges
• Over-regulated insurance industry
• Data security and privacy
• Adherence to compliance in insurance industry
PART 15: Impact of drivers and challenges
PART 16: Market trends
• High demand for travel insurance
• Increasing demand for cyber insurance
• Emergence of SaaS-based insurance software
PART 17: Impact of trends
• Impact of trends
PART 18: Buying criteria
• Buying criteria
PART 19: Five forces analysis
PART 20: Vendor landscape
• Competitive landscape
Continue…….
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