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Market Research Report

Global Insurance Software Market 2016-2020

Published by TechNavio (Infiniti Research Ltd.) Product code 409534
Published Content info 59 Pages
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Global Insurance Software Market 2016-2020
Published: December 16, 2016 Content info: 59 Pages
Description

About Insurance Software

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.

Technavio's analysts forecast the global insurance software market to grow at a CAGR of 4.59% during the period 2016-2020.

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

Technavio's 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?

You can request one free hour of our procurement specialist's time when you purchase this market report. Details are provided within the report.

Table of Contents
Product Code: IRTNTR11162

Table of Contents

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

PART 21: Key vendor profiles

  • Microsoft
  • Oracle
  • Salesforce
  • SAP

PART 22: Other prominent vendors

PART 23: Appendix

  • List of abbreviation

PART 24: Explore Technavio

List of Exhibits

  • Exhibit 01: Global insurance software market: Revenue by geography 2015-2020
  • Exhibit 02: Major countries considered in the market analysis
  • Exhibit 03: Product offerings
  • Exhibit 04: Market assumptions
  • Exhibit 05: Product offered
  • Exhibit 06: Product life cycle 2015
  • Exhibit 07: Product life cycle 2020
  • Exhibit 08: Global insurance software market 2015-2020 ($ billions)
  • Exhibit 09: Geographical segmentation of insurance software market 2015 and 2020 (%)
  • Exhibit 10: Insurance software market in Americas 2015-2020 ($ billions)
  • Exhibit 11: Insurance software market in EMEA 2015-2020 ($ billions)
  • Exhibit 12: Insurance software market in APAC 2015-2020 ($ billions)
  • Exhibit 13: Impact of drivers
  • Exhibit 14: Impact of drivers and challenges
  • Exhibit 15: Buying criteria for insurance software
  • Exhibit 16: Five forces analysis
  • Exhibit 17: Other prominent vendors
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