The emergence of the insurance platform provides necessary support for the digital transformation of insurance companies. The insurance platform based on the micro-service architecture serves as the middle layer that connects the core system and the front-end applications. By decoupling and assembling core business components, it can integrate traditional business capabilities. Disassembled into business units that can be flexibly expanded. The data center uses big data, artificial intelligence and other technologies to refine the value of precipitated business data, and can form data assets that can be used efficiently and support corporate decision-making. Finally, through the open API interface, the service capabilities of the insurance middle office can be quickly released to the front desk to meet the needs of complex front desk business scenarios. Therefore, for insurance companies, the construction of insurance middle stations will be the key for insurance companies to achieve technological empowerment and digital transformation.
This report aims to provide a comprehensive presentation of the global market for Insurance Platform, 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 Insurance Platform. This report contains market size and forecasts of Insurance Platform in global, including the following market information:
Global Insurance Platform Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Insurance Platform market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Business Platform Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Insurance Platform include PING AN CLOUD, ANT GROUP, Aliyun, JD Digits, HUAWEI CLOUD, Tencent Cloud, IBM, CoverGo and GALILEO PLATFORMS, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Insurance Platform 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 Insurance Platform Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Insurance Platform Market Segment Percentages, by Type, 2022 (%)
Business Platform
Data Platform
Global Insurance Platform Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Insurance Platform Market Segment Percentages, by Application, 2022 (%)
Life Insurance
Health Insurance
Car Insurance
Others
Global Insurance Platform Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Insurance Platform 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 Insurance Platform revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Insurance Platform revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
PING AN CLOUD
ANT GROUP
Aliyun
JD Digits
HUAWEI CLOUD
Tencent Cloud
IBM
CoverGo
GALILEO PLATFORMS
Outline of Major Chapters:
Chapter 1: Introduces the definition of Insurance Platform, market overview.
Chapter 2: Global Insurance Platform market size in revenue.
Chapter 3: Detailed analysis of Insurance Platform 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 Insurance Platform 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.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Insurance Platform Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Insurance Platform Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Insurance Platform Overall Market Size
2.1 Global Insurance Platform Market Size: 2022 VS 2029
2.2 Global Insurance Platform Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Insurance Platform Players in Global Market
3.2 Top Global Insurance Platform Companies Ranked by Revenue
3.3 Global Insurance Platform Revenue by Companies
3.4 Top 3 and Top 5 Insurance Platform Companies in Global Market, by Revenue in 2022
3.5 Global Companies Insurance Platform Product Type
3.6 Tier 1, Tier 2 and Tier 3 Insurance Platform Players in Global Market
3.6.1 List of Global Tier 1 Insurance Platform Companies
3.6.2 List of Global Tier 2 and Tier 3 Insurance Platform Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Insurance Platform Market Size Markets, 2022 & 2029
4.1.2 Business Platform
4.1.3 Data Platform
4.2 By Type - Global Insurance Platform Revenue & Forecasts
4.2.1 By Type - Global Insurance Platform Revenue, 2018-2023
4.2.2 By Type - Global Insurance Platform Revenue, 2024-2029
4.2.3 By Type - Global Insurance Platform Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Insurance Platform Market Size, 2022 & 2029
5.1.2 Life Insurance
5.1.3 Health Insurance
5.1.4 Car Insurance
5.1.5 Others
5.2 By Application - Global Insurance Platform Revenue & Forecasts
5.2.1 By Application - Global Insurance Platform Revenue, 2018-2023
5.2.2 By Application - Global Insurance Platform Revenue, 2024-2029
5.2.3 By Application - Global Insurance Platform Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Insurance Platform Market Size, 2022 & 2029
6.2 By Region - Global Insurance Platform Revenue & Forecasts
6.2.1 By Region - Global Insurance Platform Revenue, 2018-2023
6.2.2 By Region - Global Insurance Platform Revenue, 2024-2029
6.2.3 By Region - Global Insurance Platform Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Insurance Platform Revenue, 2018-2029
6.3.2 US Insurance Platform Market Size, 2018-2029
6.3.3 Canada Insurance Platform Market Size, 2018-2029
6.3.4 Mexico Insurance Platform Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Insurance Platform Revenue, 2018-2029
6.4.2 Germany Insurance Platform Market Size, 2018-2029
6.4.3 France Insurance Platform Market Size, 2018-2029
6.4.4 U.K. Insurance Platform Market Size, 2018-2029
6.4.5 Italy Insurance Platform Market Size, 2018-2029
6.4.6 Russia Insurance Platform Market Size, 2018-2029
6.4.7 Nordic Countries Insurance Platform Market Size, 2018-2029
6.4.8 Benelux Insurance Platform Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Insurance Platform Revenue, 2018-2029
6.5.2 China Insurance Platform Market Size, 2018-2029
6.5.3 Japan Insurance Platform Market Size, 2018-2029
6.5.4 South Korea Insurance Platform Market Size, 2018-2029
6.5.5 Southeast Asia Insurance Platform Market Size, 2018-2029
6.5.6 India Insurance Platform Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Insurance Platform Revenue, 2018-2029
6.6.2 Brazil Insurance Platform Market Size, 2018-2029
6.6.3 Argentina Insurance Platform Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Insurance Platform Revenue, 2018-2029
6.7.2 Turkey Insurance Platform Market Size, 2018-2029
6.7.3 Israel Insurance Platform Market Size, 2018-2029
6.7.4 Saudi Arabia Insurance Platform Market Size, 2018-2029
6.7.5 UAE Insurance Platform Market Size, 2018-2029
7 Insurance Platform Companies Profiles
7.1 PING AN CLOUD
7.1.1 PING AN CLOUD Company Summary
7.1.2 PING AN CLOUD Business Overview
7.1.3 PING AN CLOUD Insurance Platform Major Product Offerings
7.1.4 PING AN CLOUD Insurance Platform Revenue in Global Market (2018-2023)
7.1.5 PING AN CLOUD Key News & Latest Developments
7.2 ANT GROUP
7.2.1 ANT GROUP Company Summary
7.2.2 ANT GROUP Business Overview
7.2.3 ANT GROUP Insurance Platform Major Product Offerings
7.2.4 ANT GROUP Insurance Platform Revenue in Global Market (2018-2023)
7.2.5 ANT GROUP Key News & Latest Developments
7.3 Aliyun
7.3.1 Aliyun Company Summary
7.3.2 Aliyun Business Overview
7.3.3 Aliyun Insurance Platform Major Product Offerings
7.3.4 Aliyun Insurance Platform Revenue in Global Market (2018-2023)
7.3.5 Aliyun Key News & Latest Developments
7.4 JD Digits
7.4.1 JD Digits Company Summary
7.4.2 JD Digits Business Overview
7.4.3 JD Digits Insurance Platform Major Product Offerings
7.4.4 JD Digits Insurance Platform Revenue in Global Market (2018-2023)
7.4.5 JD Digits Key News & Latest Developments
7.5 HUAWEI CLOUD
7.5.1 HUAWEI CLOUD Company Summary
7.5.2 HUAWEI CLOUD Business Overview
7.5.3 HUAWEI CLOUD Insurance Platform Major Product Offerings
7.5.4 HUAWEI CLOUD Insurance Platform Revenue in Global Market (2018-2023)
7.5.5 HUAWEI CLOUD Key News & Latest Developments
7.6 Tencent Cloud
7.6.1 Tencent Cloud Company Summary
7.6.2 Tencent Cloud Business Overview
7.6.3 Tencent Cloud Insurance Platform Major Product Offerings
7.6.4 Tencent Cloud Insurance Platform Revenue in Global Market (2018-2023)
7.6.5 Tencent Cloud Key News & Latest Developments
7.7 IBM
7.7.1 IBM Company Summary
7.7.2 IBM Business Overview
7.7.3 IBM Insurance Platform Major Product Offerings
7.7.4 IBM Insurance Platform Revenue in Global Market (2018-2023)
7.7.5 IBM Key News & Latest Developments
7.8 CoverGo
7.8.1 CoverGo Company Summary
7.8.2 CoverGo Business Overview
7.8.3 CoverGo Insurance Platform Major Product Offerings
7.8.4 CoverGo Insurance Platform Revenue in Global Market (2018-2023)
7.8.5 CoverGo Key News & Latest Developments
7.9 GALILEO PLATFORMS
7.9.1 GALILEO PLATFORMS Company Summary
7.9.2 GALILEO PLATFORMS Business Overview
7.9.3 GALILEO PLATFORMS Insurance Platform Major Product Offerings
7.9.4 GALILEO PLATFORMS Insurance Platform Revenue in Global Market (2018-2023)
7.9.5 GALILEO PLATFORMS Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Insurance Platform Market Opportunities & Trends in Global Market
Table 2. Insurance Platform Market Drivers in Global Market
Table 3. Insurance Platform Market Restraints in Global Market
Table 4. Key Players of Insurance Platform in Global Market
Table 5. Top Insurance Platform Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Insurance Platform Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Insurance Platform Revenue Share by Companies, 2018-2023
Table 8. Global Companies Insurance Platform Product Type
Table 9. List of Global Tier 1 Insurance Platform Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Insurance Platform Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Insurance Platform Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Insurance Platform Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Insurance Platform Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Insurance Platform Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Insurance Platform Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Insurance Platform Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Insurance Platform Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Insurance Platform Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Insurance Platform Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Insurance Platform Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Insurance Platform Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Insurance Platform Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Insurance Platform Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Insurance Platform Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Insurance Platform Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Insurance Platform Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Insurance Platform Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Insurance Platform Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Insurance Platform Revenue, (US$, Mn), 2024-2029
Table 30. PING AN CLOUD Company Summary
Table 31. PING AN CLOUD Insurance Platform Product Offerings
Table 32. PING AN CLOUD Insurance Platform Revenue (US$, Mn) & (2018-2023)
Table 33. PING AN CLOUD Key News & Latest Developments
Table 34. ANT GROUP Company Summary
Table 35. ANT GROUP Insurance Platform Product Offerings
Table 36. ANT GROUP Insurance Platform Revenue (US$, Mn) & (2018-2023)
Table 37. ANT GROUP Key News & Latest Developments
Table 38. Aliyun Company Summary
Table 39. Aliyun Insurance Platform Product Offerings
Table 40. Aliyun Insurance Platform Revenue (US$, Mn) & (2018-2023)
Table 41. Aliyun Key News & Latest Developments
Table 42. JD Digits Company Summary
Table 43. JD Digits Insurance Platform Product Offerings
Table 44. JD Digits Insurance Platform Revenue (US$, Mn) & (2018-2023)
Table 45. JD Digits Key News & Latest Developments
Table 46. HUAWEI CLOUD Company Summary
Table 47. HUAWEI CLOUD Insurance Platform Product Offerings
Table 48. HUAWEI CLOUD Insurance Platform Revenue (US$, Mn) & (2018-2023)
Table 49. HUAWEI CLOUD Key News & Latest Developments
Table 50. Tencent Cloud Company Summary
Table 51. Tencent Cloud Insurance Platform Product Offerings
Table 52. Tencent Cloud Insurance Platform Revenue (US$, Mn) & (2018-2023)
Table 53. Tencent Cloud Key News & Latest Developments
Table 54. IBM Company Summary
Table 55. IBM Insurance Platform Product Offerings
Table 56. IBM Insurance Platform Revenue (US$, Mn) & (2018-2023)
Table 57. IBM Key News & Latest Developments
Table 58. CoverGo Company Summary
Table 59. CoverGo Insurance Platform Product Offerings
Table 60. CoverGo Insurance Platform Revenue (US$, Mn) & (2018-2023)
Table 61. CoverGo Key News & Latest Developments
Table 62. GALILEO PLATFORMS Company Summary
Table 63. GALILEO PLATFORMS Insurance Platform Product Offerings
Table 64. GALILEO PLATFORMS Insurance Platform Revenue (US$, Mn) & (2018-2023)
Table 65. GALILEO PLATFORMS Key News & Latest Developments
List of Figures
Figure 1. Insurance Platform Segment by Type in 2022
Figure 2. Insurance Platform Segment by Application in 2022
Figure 3. Global Insurance Platform Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Insurance Platform Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Insurance Platform Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Insurance Platform Revenue in 2022
Figure 8. By Type - Global Insurance Platform Revenue Market Share, 2018-2029
Figure 9. By Application - Global Insurance Platform Revenue Market Share, 2018-2029
Figure 10. By Type - Global Insurance Platform Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Insurance Platform Revenue Market Share, 2018-2029
Figure 12. By Application - Global Insurance Platform Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Insurance Platform Revenue Market Share, 2018-2029
Figure 14. By Region - Global Insurance Platform Revenue Market Share, 2018-2029
Figure 15. By Country - North America Insurance Platform Revenue Market Share, 2018-2029
Figure 16. US Insurance Platform Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Insurance Platform Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Insurance Platform Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Insurance Platform Revenue Market Share, 2018-2029
Figure 20. Germany Insurance Platform Revenue, (US$, Mn), 2018-2029
Figure 21. France Insurance Platform Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Insurance Platform Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Insurance Platform Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Insurance Platform Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Insurance Platform Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Insurance Platform Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Insurance Platform Revenue Market Share, 2018-2029
Figure 28. China Insurance Platform Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Insurance Platform Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Insurance Platform Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Insurance Platform Revenue, (US$, Mn), 2018-2029
Figure 32. India Insurance Platform Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Insurance Platform Revenue Market Share, 2018-2029
Figure 34. Brazil Insurance Platform Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Insurance Platform Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Insurance Platform Revenue Market Share, 2018-2029
Figure 37. Turkey Insurance Platform Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Insurance Platform Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Insurance Platform Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Insurance Platform Revenue, (US$, Mn), 2018-2029
Figure 41. PING AN CLOUD Insurance Platform Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. ANT GROUP Insurance Platform Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Aliyun Insurance Platform Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. JD Digits Insurance Platform Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. HUAWEI CLOUD Insurance Platform Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Tencent Cloud Insurance Platform Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. IBM Insurance Platform Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. CoverGo Insurance Platform Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. GALILEO PLATFORMS Insurance Platform Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
