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Worldwide Insurance Analytics Industry to 2027 - Surge in Fraudulent Activities Presents OpportunitiesDUBLIN, June 11, 2021 /PRNewswire/ -- The "Insurance Analytics Market By Component, Deployment Type, Enterprise Size, Application and End User: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering. The global insurance analytics market size was valued at $7.91 billion in 2019, and is projected to reach $ 22.45 billion by 2027, growing at a CAGR of 14.2% from 2020 to 2027. Insurance analytics engages in process of collecting, analyzing, and extracting relevant insights from various data sources. Moreover, insurance analytics largely help in pricing & risk selection, identifying customers at risk of cancellation, identifying risk of fraud, focusing on customer loyalty, and transforming claims process. Furthermore, insurance companies are increasingly adopting & implementing advance analytical solutions enable business growth, reduce fraudulent activities, and predict accurate risk for underwriting.
CHAPTER 1: INTRODUCTION CHAPTER 2: EXECUTIVE SUMMARY 2.1. Key findings 2.1.1. Top impacting factors 2.1.2. Top investment pockets 2.2. CXO perspective CHAPTER 3: MARKET OVERVIEW 3.1. Market definition and scope 3.2. Key forces shaping insurance analytics market 3.3. Market dynamics 3.3.1. Drivers 3.3.1.1. Increased adoption of advance technologies 3.3.1.2. Rise in competition among the insurance sector 3.3.2. Restraint 3.3.2.1. Stringent government regulations 3.3.2.1. Privacy & security concern 3.3.3. Opportunities 3.3.3.1. Surge in fraudulent activities 3.3.3.2. Untapped potential of emerging economies 3.4. COVID-19 impact analysis on insurance analytics market 3.4.1. Impact on insurance analytics market size 3.4.2. Change in insurers trends, preferences, and budget impact, owing to COVID-19 3.4.3. Framework for market challenges faced by insurance analytics solution providers 3.4.4. Economic impact on insurance analytics solution providers 3.4.5. Key player strategies to tackle negative impact on the industry 3.4.6. Opportunity analysis for insurance analytics solution providers CHAPTER 4: INSURANCE ANALYTICS MARKET, BY COMPONENT 4.1. Overview 4.2. Solution 4.2.1. Key market trends, growth factors, and opportunities 4.2.2. Market size and forecast, by region 4.2.3. Market analysis, by country 4.3. Service 4.3.1. Key market trends, growth factors, and opportunities 4.3.2. Market size and forecast, by region 4.3.3. Market analysis, by country CHAPTER 5: INSURANCE ANALYTICS MARKET, BY DEPLOYMENT MODEL 5.1. Overview 5.2. On-premises 5.2.1. Key market trends, growth factors, and opportunities 5.2.2. Market size and forecast, by region 5.2.3. Market analysis, by country 5.3. Cloud 5.3.1. Key market trends, growth factors, and opportunities 5.3.2. Market size and forecast, by region 5.3.3. Market analysis, by country CHAPTER 6: INSURANCE ANALYTICS MARKET, BY ENTERPRISE SIZE 6.1. Overview 6.2. Large Enterprises 6.2.1. Key market trends, growth factors, and opportunities 6.2.2. Market size and forecast, by region 6.2.3. Market analysis, by country 6.3. Small & Medium Enterprises (SMEs) 6.3.1. Key market trends, growth factors, and opportunities 6.3.2. Market size and forecast, by region 6.3.3. Market analysis by country CHAPTER 7: INSURANCE ANALYTICS MARKET, BY APPLICATION 7.1. Overview 7.2. Claims Management 7.2.1. Key market trends, growth factors, and opportunities 7.2.2. Market size and forecast, by region 7.2.3. Market analysis, by country 7.3. Risk Management 7.3.1. Key market trends, growth factors, and opportunities 7.3.2. Market size and forecast, by region 7.3.3. Market analysis, by country 7.4. Customer Management 7.4.1. Key market trends, growth factors, and opportunities 7.4.2. Market size and forecast, by region 7.4.3. Market analysis, by country 7.5. Sales & Marketing 7.5.1. Key market trends, growth factors, and opportunities 7.5.2. Market size and forecast, by region 7.5.3. Market analysis, by country 7.6. Others 7.6.1. Key market trends, growth factors, and opportunities 7.6.2. Market size and forecast, by region 7.6.3. Market analysis, by country CHAPTER 8: INSURANCE ANALYTICS MARKET, BY END USER 8.1. Overview 8.2. Insurance Companies 8.2.1. Key market trends, growth factors, and opportunities 8.2.2. Market size and forecast, by region 8.2.3. Market analysis, by country 8.3. Government Agencies 8.3.1. Key market trends, growth factors, and opportunities 8.3.2. Market size and forecast, by region 8.3.3. Market analysis, by country 8.4. Third-party Administrators, Brokers & Consultancies 8.4.1. Key market trends, growth factors, and opportunities 8.4.2. Market size and forecast, by region 8.4.3. Market analysis, by country CHAPTER 9: INSURANCE ANALYTICS MARKET, BY REGION CHAPTER 10: COMPETITIVE LANDSCAPE 10.1. Introduction 10.1.1. Market player positioning, 2019 10.1.2. Top winning strategies CHAPTER 11: COMPANY PROFILES 11.1. Applied Systems 11.1.1. Company overview 11.1.2. Company snapshot 11.1.3. Product portfolio 11.1.4. Key strategic moves and developments 11.2. INTERNATIONAL BUSINESS MACHINES CORPORATION 11.2.1. Company overview 11.2.2. Company snapshot 11.2.3. Operating business segments 11.2.4. Product portfolio 11.2.5. Business performance 11.3. MICROSOFT 11.3.1. Company overview 11.3.2. Company snapshot 11.3.3. Operating business segments 11.3.4. Product portfolio 11.3.5. Business performance 11.4. Open Text Corporation 11.4.1. Company overview 11.4.2. Company snapshot 11.4.3. Product portfolio 11.4.4. Business performance 11.5. Oracle 11.5.1. Company overview 11.5.2. Company snapshot 11.5.3. Operating business segments 11.5.4. Product portfolio 11.5.5. Business performance 11.5.6. Key strategic moves and developments 11.6. Pegasystems Inc. 11.6.1. Company overview 11.6.2. Company snapshot 11.6.3. Product portfolio 11.6.4. Business performance 11.7. salesforce. com inc. 11.7.1. Company overview 11.7.2. Company snapshot 11.7.3. Product portfolio 11.7.4. Business performance 11.7.5. Key strategic moves and developments 11.8. SAP SE 11.8.1. Company overview 11.8.2. Company snapshot 11.8.3. Operating business segments 11.8.4. Product portfolio 11.8.5. Business performance 11.9. SAS Institute Inc. 11.9.1. Company overview 11.9.2. Company snapshot 11.9.3. Product portfolio 11.10. Vertafore, Inc. 11.10.1. Company overview 11.10.2. Company snapshot 11.10.3. Product portfolio 11.10.4. Key strategic moves and developments For more information about this report visit https://www.researchandmarkets.com/r/c1fx6t
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