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Data Analytics in Insurance Industry Research Report 2023

August 2023 | 97 pages | ID: DE156C93EE78EN
APO Research

US$ 2,950.00

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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.

The Data Analytics in Insurance market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Data Analytics in Insurance market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Data Analytics in Insurance companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue by companies for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report 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
Product Type Insights

Global markets are presented by Data Analytics in Insurance type, along with growth forecasts through 2029. Estimates on revenue are based on the price in the supply chain at which the Data Analytics in Insurance are procured by the companies.

This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows revenue data by type, and during the historical period (2018-2023) and forecast period (2024-2029).

Data Analytics in Insurance segment by Type
  • Service
  • Software
Application Insights

This report has provided the market size (revenue data) by application, during the historical period (2018-2023) and forecast period (2024-2029).

This report also outlines the market trends of each segment and consumer behaviors impacting the Data Analytics in Insurance market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the Data Analytics in Insurance market.

Data Analytics in Insurance Segment by Application
  • Pricing Premiums
  • Prevent and Reduce Fraud, and Waste
  • Gain Customer Insight
Regional Outlook

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue data of each region and country for the period 2018-2029.

The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America, Middle East & Africa. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2022 because of the base year, with estimates for 2023 and forecast revenue for 2029.
  • North America
    • United States
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Russia
    • Nordic Countries
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • Southeast Asia
    • India
    • Australia
    • Rest of Asia
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America
  • Middle East & Africa
    • Turkey
    • Saudi Arabia
    • UAE
    • Rest of MEA
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

COVID-19 and Russia-Ukraine War Influence Analysis

The readers in the section will understand how the Data Analytics in Insurance market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Reasons to Buy This Report

This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Data Analytics in Insurance market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

This report will help stakeholders to understand the global industry status and trends of Data Analytics in Insurance and provides them with information on key market drivers, restraints, challenges, and opportunities.

This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

This report stays updated with novel technology integration, features, and the latest developments in the market

This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Data Analytics in Insurance industry.

This report helps stakeholders to gain insights into which regions to target globally

This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Data Analytics in Insurance.

This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Core Chapters

Chapter 1: Research objectives, research methods, data sources, data cross-validation;

Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments 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 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 6: Detailed analysis of Data Analytics in Insurance companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.

Chapter 12: 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 13: The main points and conclusions of the report.
1 PREFACE

1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
  1.5.1 Secondary Sources
  1.5.2 Primary Sources

2 MARKET OVERVIEW

2.1 Product Definition
2.2 Data Analytics in Insurance by Type
  2.2.1 Market Value Comparison by Type (2018 VS 2022 VS 2029)
  1.2.2 Service
  1.2.3 Software
2.3 Data Analytics in Insurance by Application
  2.3.1 Market Value Comparison by Application (2018 VS 2022 VS 2029)
  2.3.2 Pricing Premiums
  2.3.3 Prevent and Reduce Fraud, and Waste
  2.3.4 Gain Customer Insight
2.4 Assumptions and Limitations

3 DATA ANALYTICS IN INSURANCE BREAKDOWN DATA BY TYPE

3.1 Global Data Analytics in Insurance Historic Market Size by Type (2018-2023)
3.2 Global Data Analytics in Insurance Forecasted Market Size by Type (2023-2028)

4 DATA ANALYTICS IN INSURANCE BREAKDOWN DATA BY APPLICATION

4.1 Global Data Analytics in Insurance Historic Market Size by Application (2018-2023)
4.2 Global Data Analytics in Insurance Forecasted Market Size by Application (2018-2023)

5 GLOBAL GROWTH TRENDS

5.1 Global Data Analytics in Insurance Market Perspective (2018-2029)
5.2 Global Data Analytics in Insurance Growth Trends by Region
  5.2.1 Global Data Analytics in Insurance Market Size by Region: 2018 VS 2022 VS 2029
  5.2.2 Data Analytics in Insurance Historic Market Size by Region (2018-2023)
  5.2.3 Data Analytics in Insurance Forecasted Market Size by Region (2024-2029)
5.3 Data Analytics in Insurance Market Dynamics
  5.3.1 Data Analytics in Insurance Industry Trends
  5.3.2 Data Analytics in Insurance Market Drivers
  5.3.3 Data Analytics in Insurance Market Challenges
  5.3.4 Data Analytics in Insurance Market Restraints

6 MARKET COMPETITIVE LANDSCAPE BY PLAYERS

6.1 Global Top Data Analytics in Insurance Players by Revenue
  6.1.1 Global Top Data Analytics in Insurance Players by Revenue (2018-2023)
  6.1.2 Global Data Analytics in Insurance Revenue Market Share by Players (2018-2023)
6.2 Global Data Analytics in Insurance Industry Players Ranking, 2021 VS 2022 VS 2023
6.3 Global Key Players of Data Analytics in Insurance Head office and Area Served
6.4 Global Data Analytics in Insurance Players, Product Type & Application
6.5 Global Data Analytics in Insurance Players, Date of Enter into This Industry
6.6 Global Data Analytics in Insurance Market CR5 and HHI
6.7 Global Players Mergers & Acquisition

7 NORTH AMERICA

7.1 North America Data Analytics in Insurance Market Size (2018-2029)
7.2 North America Data Analytics in Insurance Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 North America Data Analytics in Insurance Market Size by Country (2018-2023)
7.4 North America Data Analytics in Insurance Market Size by Country (2024-2029)
7.5 United States
7.6 Canada

8 EUROPE

8.1 Europe Data Analytics in Insurance Market Size (2018-2029)
8.2 Europe Data Analytics in Insurance Market Growth Rate by Country: 2018 VS 2022 VS 2029
8.3 Europe Data Analytics in Insurance Market Size by Country (2018-2023)
8.4 Europe Data Analytics in Insurance Market Size by Country (2024-2029)
7.4 Germany
7.5 France
7.6 U.K.
7.7 Italy
7.8 Russia
7.9 Nordic Countries

9 ASIA-PACIFIC

9.1 Asia-Pacific Data Analytics in Insurance Market Size (2018-2029)
9.2 Asia-Pacific Data Analytics in Insurance Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Asia-Pacific Data Analytics in Insurance Market Size by Country (2018-2023)
9.4 Asia-Pacific Data Analytics in Insurance Market Size by Country (2024-2029)
8.4 China
8.5 Japan
8.6 South Korea
8.7 Southeast Asia
8.8 India
8.9 Australia

10 LATIN AMERICA

10.1 Latin America Data Analytics in Insurance Market Size (2018-2029)
10.2 Latin America Data Analytics in Insurance Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Latin America Data Analytics in Insurance Market Size by Country (2018-2023)
10.4 Latin America Data Analytics in Insurance Market Size by Country (2024-2029)
9.4 Mexico
9.5 Brazil

11 MIDDLE EAST & AFRICA

11.1 Middle East & Africa Data Analytics in Insurance Market Size (2018-2029)
11.2 Middle East & Africa Data Analytics in Insurance Market Growth Rate by Country: 2018 VS 2022 VS 2029
11.3 Middle East & Africa Data Analytics in Insurance Market Size by Country (2018-2023)
11.4 Middle East & Africa Data Analytics in Insurance Market Size by Country (2024-2029)
10.4 Turkey
10.5 Saudi Arabia
10.6 UAE

12 PLAYERS PROFILED

11.1 Deloitte
  11.1.1 Deloitte Company Detail
  11.1.2 Deloitte Business Overview
  11.1.3 Deloitte Data Analytics in Insurance Introduction
  11.1.4 Deloitte Revenue in Data Analytics in Insurance Business (2017-2022)
  11.1.5 Deloitte Recent Development
11.2 Verisk Analytics
  11.2.1 Verisk Analytics Company Detail
  11.2.2 Verisk Analytics Business Overview
  11.2.3 Verisk Analytics Data Analytics in Insurance Introduction
  11.2.4 Verisk Analytics Revenue in Data Analytics in Insurance Business (2017-2022)
  11.2.5 Verisk Analytics Recent Development
11.3 IBM
  11.3.1 IBM Company Detail
  11.3.2 IBM Business Overview
  11.3.3 IBM Data Analytics in Insurance Introduction
  11.3.4 IBM Revenue in Data Analytics in Insurance Business (2017-2022)
  11.3.5 IBM Recent Development
11.4 SAP AG
  11.4.1 SAP AG Company Detail
  11.4.2 SAP AG Business Overview
  11.4.3 SAP AG Data Analytics in Insurance Introduction
  11.4.4 SAP AG Revenue in Data Analytics in Insurance Business (2017-2022)
  11.4.5 SAP AG Recent Development
11.5 LexisNexis
  11.5.1 LexisNexis Company Detail
  11.5.2 LexisNexis Business Overview
  11.5.3 LexisNexis Data Analytics in Insurance Introduction
  11.5.4 LexisNexis Revenue in Data Analytics in Insurance Business (2017-2022)
  11.5.5 LexisNexis Recent Development
11.6 PwC
  11.6.1 PwC Company Detail
  11.6.2 PwC Business Overview
  11.6.3 PwC Data Analytics in Insurance Introduction
  11.6.4 PwC Revenue in Data Analytics in Insurance Business (2017-2022)
  11.6.5 PwC Recent Development
11.7 Guidewire
  11.7.1 Guidewire Company Detail
  11.7.2 Guidewire Business Overview
  11.7.3 Guidewire Data Analytics in Insurance Introduction
  11.7.4 Guidewire Revenue in Data Analytics in Insurance Business (2017-2022)
  11.7.5 Guidewire Recent Development
11.8 RSM
  11.8.1 RSM Company Detail
  11.8.2 RSM Business Overview
  11.8.3 RSM Data Analytics in Insurance Introduction
  11.8.4 RSM Revenue in Data Analytics in Insurance Business (2017-2022)
  11.8.5 RSM Recent Development
11.9 SAS
  11.9.1 SAS Company Detail
  11.9.2 SAS Business Overview
  11.9.3 SAS Data Analytics in Insurance Introduction
  11.9.4 SAS Revenue in Data Analytics in Insurance Business (2017-2022)
  11.9.5 SAS Recent Development
11.10 Pegasystems
  11.10.1 Pegasystems Company Detail
  11.10.2 Pegasystems Business Overview
  11.10.3 Pegasystems Data Analytics in Insurance Introduction
  11.10.4 Pegasystems Revenue in Data Analytics in Insurance Business (2017-2022)
  11.10.5 Pegasystems Recent Development
11.11 Majesco
  11.11.1 Majesco Company Detail
  11.11.2 Majesco Business Overview
  11.11.3 Majesco Data Analytics in Insurance Introduction
  11.11.4 Majesco Revenue in Data Analytics in Insurance Business (2017-2022)
  11.11.5 Majesco Recent Development
11.12 Tableau
  11.12.1 Tableau Company Detail
  11.12.2 Tableau Business Overview
  11.12.3 Tableau Data Analytics in Insurance Introduction
  11.12.4 Tableau Revenue in Data Analytics in Insurance Business (2017-2022)
  11.12.5 Tableau Recent Development
11.13 OpenText
  11.13.1 OpenText Company Detail
  11.13.2 OpenText Business Overview
  11.13.3 OpenText Data Analytics in Insurance Introduction
  11.13.4 OpenText Revenue in Data Analytics in Insurance Business (2017-2022)
  11.13.5 OpenText Recent Development
11.14 Oracle
  11.14.1 Oracle Company Detail
  11.14.2 Oracle Business Overview
  11.14.3 Oracle Data Analytics in Insurance Introduction
  11.14.4 Oracle Revenue in Data Analytics in Insurance Business (2017-2022)
  11.14.5 Oracle Recent Development
11.15 TIBCO Software
  11.15.1 TIBCO Software Company Detail
  11.15.2 TIBCO Software Business Overview
  11.15.3 TIBCO Software Data Analytics in Insurance Introduction
  11.15.4 TIBCO Software Revenue in Data Analytics in Insurance Business (2017-2022)
  11.15.5 TIBCO Software Recent Development
11.16 ReSource Pro
  11.16.1 ReSource Pro Company Detail
  11.16.2 ReSource Pro Business Overview
  11.16.3 ReSource Pro Data Analytics in Insurance Introduction
  11.16.4 ReSource Pro Revenue in Data Analytics in Insurance Business (2017-2022)
  11.16.5 ReSource Pro Recent Development
11.17 BOARD International
  11.17.1 BOARD International Company Detail
  11.17.2 BOARD International Business Overview
  11.17.3 BOARD International Data Analytics in Insurance Introduction
  11.17.4 BOARD International Revenue in Data Analytics in Insurance Business (2017-2022)
  11.17.5 BOARD International Recent Development
11.18 Vertafore
  11.18.1 Vertafore Company Detail
  11.18.2 Vertafore Business Overview
  11.18.3 Vertafore Data Analytics in Insurance Introduction
  11.18.4 Vertafore Revenue in Data Analytics in Insurance Business (2017-2022)
  11.18.5 Vertafore Recent Development
11.19 Qlik
  11.19.1 Qlik Company Detail
  11.19.2 Qlik Business Overview
  11.19.3 Qlik Data Analytics in Insurance Introduction
  11.19.4 Qlik Revenue in Data Analytics in Insurance Business (2017-2022)
  11.19.5 Qlik Recent Development

13 REPORT CONCLUSION

14 DISCLAIMER



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