Insurance data analysis is the way to effectively gauge financial situation to get an idea of how much risk.
This report aims to provide a comprehensive presentation of the global market for Data Analytics in Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Data Analytics in Insurance. This report contains market size and forecasts of Data Analytics in Insurance in global, including the following market information:
- Global Data Analytics in Insurance Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Data Analytics in Insurance market was valued at US$ 12010 million in 2022 and is projected to reach US$ 19510 million by 2029, at a CAGR of 7.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The largest market for data analysis is in the United States. In 2019, sales were 4742.87 Million USD, accounting for 45.70% of the global total market, followed by UK and Germany, accounting for 7.73% and 6.82% of the total market, respectively.
We surveyed the Data Analytics in Insurance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Data Analytics in Insurance Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Data Analytics in Insurance Market Segment Percentages, by Type, 2022 (%)
Global Data Analytics in Insurance Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Data Analytics in Insurance Market Segment Percentages, by Application, 2022 (%)
- Pricing Premiums
- Prevent and Reduce Fraud, and Waste
- Gain Customer Insight
Global Data Analytics in Insurance Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Data Analytics in Insurance Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Data Analytics in Insurance revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Data Analytics in Insurance revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Deloitte
- Verisk Analytics
- IBM
- SAP AG
- LexisNexis
- PwC
- Guidewire
- RSM
- SAS
- Pegasystems
- Majesco
- Tableau
- OpenText
- Oracle
- TIBCO Software
- ReSource Pro
- BOARD International
- Vertafore
- Qlik
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Data Analytics in Insurance, market overview.
- Chapter 2: Global Data Analytics in Insurance market size in revenue.
- Chapter 3: Detailed analysis of Data Analytics in Insurance company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Data Analytics in Insurance in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: The main points and conclusions of the report.
