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Market Research Report

Global Insurance Software Market 2020-2024

Published by TechNavio (Infiniti Research Ltd.) Product code 950757
Published Content info 120 Pages
Delivery time: 1-2 business days
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Global Insurance Software Market 2020-2024
Published: July 17, 2020 Content info: 120 Pages
Description

Technavio has been monitoring the insurance software market and it is poised to grow by $ 5.19 bn during 2020-2024 progressing at a CAGR of 7% during the forecast period. Our reports on the insurance software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing adoption of insurance in developing countries, uncertain catastrophic events leading to need for insurance and government regulations on mandatory insurance coverages in developing countries.

The insurance software market analysis includes deployment segment and geographic landscape.

Technavio's ‘insurance software market ’ is segmented as below:

By Deployment:

  • On-premise
  • Cloud-based

By Geographic Landscape:

  • North America
  • APAC
  • Europe
  • MEA
  • South America

This study identifies the rapid growth of the cyber insurance market as one of the prime reasons driving the insurance software market growth during the next few years. Also, investors collaborating with InsurTech firms and integration of wearables into customer engagement metrics for the life insurance market will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our insurance software market covers the following areas:

  • Insurance software market sizing
  • Insurance software market forecast
  • Insurance software market industry analysis

Technavio's ‘robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading insurance software market vendors that include Accenture Plc, Applied Systems Inc., Axxis Systems SA, Dell Technologies Inc., Guidewire Software Inc., International Business Machines Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., and SAP SE. Also, the insurance software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.

Table of Contents
Product Code: IRTNTR44333

Table of Contents

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Short-term impact
  • Long-term impact
  • Recovery phase
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Deployment

  • Market segments
  • Comparison by Deployment
  • On-premise - Market size and forecast 2019-2024
  • Cloud-based - Market size and forecast 2019-2024
  • Market opportunity by Deployment

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers - Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Accenture Plc
  • Applied Systems Inc.
  • Axxis Systems SA
  • Dell Technologies Inc.
  • Guidewire Software Inc.
  • International Business Machines Corp.
  • Microsoft Corp.
  • Oracle Corp.
  • Salesforce.com Inc.
  • SAP SE

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Exhibit

  • 1: Key Finding 1
  • 2: Key Finding 2
  • 3: Key Finding 3
  • 4: Key Finding 5
  • 5: Key Finding 6
  • 6: Key Finding 7
  • 7: Key Finding 8
  • 8: Parent market
  • 9: Market characteristics
  • 10: Offerings of vendors included in the market definition
  • 11: Market segments
  • 12: Global - Market size and forecast 2019 - 2024 ($ million)
  • 13: Global market: Year-over-year growth 2019 - 2024 (%)
  • 14: Five forces analysis 2019 & 2024
  • 15: Bargaining power of buyers
  • 16: Bargaining power of suppliers
  • 17: Threat of new entrants
  • 18: Threat of substitutes
  • 19: Threat of rivalry
  • 20: Market condition - Five forces 2019
  • 21: Deployment - Market share 2019-2024 (%)
  • 22: Comparison by Deployment
  • 23: On-premise - Market size and forecast 2019-2024 ($ million)
  • 24: On-premise - Year-over-year growth 2019-2024 (%)
  • 25: Cloud-based - Market size and forecast 2019-2024 ($ million)
  • 26: Cloud-based - Year-over-year growth 2019-2024 (%)
  • 27: Market opportunity by Deployment
  • 28: Customer landscape
  • 29: Market share by geography 2019-2024 (%)
  • 30: Geographic comparison
  • 31: North America - Market size and forecast 2019-2024 ($ million)
  • 32: North America - Year-over-year growth 2019-2024 (%)
  • 33: APAC - Market size and forecast 2019-2024 ($ million)
  • 34: APAC - Year-over-year growth 2019-2024 (%)
  • 35: Europe - Market size and forecast 2019-2024 ($ million)
  • 36: Europe - Year-over-year growth 2019-2024 (%)
  • 37: MEA - Market size and forecast 2019-2024 ($ million)
  • 38: MEA - Year-over-year growth 2019-2024 (%)
  • 39: South America - Market size and forecast 2019-2024 ($ million)
  • 40: South America - Year-over-year growth 2019-2024 (%)
  • 41: Key leading countries
  • 42: Market opportunity by geography ($ million)
  • 43: Impact of drivers and challenges
  • 44: Vendor landscape
  • 45: Landscape disruption
  • 46: Industry risks
  • 47: Vendors covered
  • 48: Market positioning of vendors
  • 49: Accenture Plc - Overview
  • 50: Accenture Plc - Business segments
  • 51: Accenture Plc - Key offerings
  • 52: Accenture Plc - Key customers
  • 53: Accenture Plc - Segment focus
  • 54: Applied Systems Inc. - Overview
  • 55: Applied Systems Inc. - Product and service
  • 56: Applied Systems Inc. - Key offerings
  • 57: Applied Systems Inc. - Key customers
  • 58: Applied Systems Inc. - Segment focus
  • 59: Axxis Systems SA - Overview
  • 60: Axxis Systems SA - Business segments
  • 61: Axxis Systems SA - Key offerings
  • 62: Axxis Systems SA - Key customers
  • 63: Axxis Systems SA - Segment focus
  • 64: Dell Technologies Inc. - Overview
  • 65: Dell Technologies Inc. - Business segments
  • 66: Dell Technologies Inc. - Key offerings
  • 67: Dell Technologies Inc. - Key customers
  • 68: Dell Technologies Inc. - Segment focus
  • 69: Guidewire Software Inc. - Overview
  • 70: Guidewire Software Inc. - Business segments
  • 71: Guidewire Software Inc. - Key offerings
  • 72: Guidewire Software Inc. - Key customers
  • 73: Guidewire Software Inc. - Segment focus
  • 74: International Business Machines Corp. - Overview
  • 75: International Business Machines Corp. - Business segments
  • 76: International Business Machines Corp. - Key offerings
  • 77: International Business Machines Corp. - Key customers
  • 78: International Business Machines Corp. - Segment focus
  • 79: Microsoft Corp. - Overview
  • 80: Microsoft Corp. - Business segments
  • 81: Microsoft Corp. - Key offerings
  • 82: Microsoft Corp. - Key customers
  • 83: Microsoft Corp. - Segment focus
  • 84: Oracle Corp. - Overview
  • 85: Oracle Corp. - Business segments
  • 86: Oracle Corp. - Key offerings
  • 87: Oracle Corp. - Key customers
  • 88: Oracle Corp. - Segment focus
  • 89: Salesforce.com Inc. - Overview
  • 90: Salesforce.com Inc. - Business segments
  • 91: Salesforce.com Inc. - Key offerings
  • 92: Salesforce.com Inc. - Key customers
  • 93: Salesforce.com Inc. - Segment focus
  • 94: SAP SE - Overview
  • 95: SAP SE - Business segments
  • 96: SAP SE - Key offerings
  • 97: SAP SE - Key customers
  • 98: SAP SE - Segment focus
  • 99: Currency conversion rates for US$
  • 100: Research Methodology
  • 101: Validation techniques employed for market sizing
  • 102: Information sources
  • 103: List of abbreviations
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