(I-BusinessNews.Com, April 13, 2019 ) Furiously rising competition, stringent regulatory environment and shifting customer loyalties are imposing huge pressure on the insurance companies to update their business model, efficiently enhance the processes and streamline operations. These imperatives have therefore resulted in a demand for analytics in the insurance industry. An insurance analytics solution provides analytical tools for the entire insurance value chain, which includes casualty and property, pension, life and annuity.
Insurance Analytics Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
Key Benefits: • To provide detailed information regarding the major factors influencing the growth of the Insurance Analytics Market (drivers, restraints, opportunities, and challenges) • To forecast the market size, in terms of value, with regard to 4 main regions - Asia Pacific (APAC), Europe, North America, and Rest of the World (ROW) - along with their respective countries
Major key players are covered in this report: IBM Corporation, SAS Institute, Salesforce, SAP AG, Microsoft, OpenText, Verisk Analytics, Hexaware, Pegasystems and Microstretagy among others.
The rapidly maturing digital business infrastructure has dramatically changed the opportunities for the analytics solution developers. Today, the insurance businesses are preferring "made-to-fit" solutions rather than "one size fits all". In addition, the increasing cases of fraud in the industry have substantially increased the demand for analytics solution in the market, thus contributing to the growth of insurance analytics market.
Insurance Analytics Market – Global Analysis to 2025 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.
Reason to Buy: - Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Insurance Analytics Market - Highlights key business priorities in order to assist companies to realign their business strategies. - The key findings and recommendations highlight crucial progressive industry trends in the Insurance Analytics Market, thereby allowing players to develop effective long term strategies. - Develop/modify business expansion plans by using substantial growth offering developed and emerging markets. - Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it. - Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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