AMA Research & Media

Digital Insurance Platform Market Set for More Growth : IBM, Oracle, Microsoft, Bolt Solutions

According to AMA, the Global Digital Insurance Platform market is expected to see growth rate of 13.05%.


New Jersey, USA -- (SBWIRE) -- 10/06/2022 -- Advance Market Analytics published a new research publication on "Digital Insurance Platform Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Digital Insurance Platform market was mainly driven by the increasing R&D spending across the world.

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Some of the key players profiled in the study are: Oracle (United States) , SAP (Germany), IBM (United States), Microsoft (United States), Accenture (Ireland), TCS (India), Pegasystems (United States), Appian (United States), Mindtree (India), Cognizant (United States), DXC Technology (United States) , Infosys (India), Prima Solutions (India), Fineos (Ireland), Bolt Solutions (United States).

Scope of the Report of Digital Insurance Platform
Digital Insurance Platform has been designed to enable digital insurance innovation – providing rapid development and the launch of new products into the market on a low-cost, high business-benefit basis, Flexible, seamlessly integrated, channel-neutral, on-demand and comprehensive. The solution is a change to the historic approach where software vendors build the functionality required into standalone software products. The digital insurance platform offers several advantages such as reduces time to market, gain control of all decisions, and beat competition to new markets, among others. The platform is widely used by insurance companies, third-party administrators and brokers, and aggregators.

The titled segments and sub-section of the market are illuminated below:
by Application (Automotive and transportation, Business and enterprise, Home and commercial buildings, Life and health, Consumer electronics and industrial machines, Travel), Organization Size (Large enterprises, Small and Medium-sized Enterprises (SMEs)), Deployment Type (On-premises, Cloud), End-user (Insurance companies, Third-party administrators and brokers, Aggregators), Component (Tools, Services {Managed services, Professional services})

Market Drivers:
Shift of Insurers' Focus from Product-Based to Customer-Centric Strategies
Increased Awareness among Insurers about Digital Channels Fueling the Market Growth
Growing Adoption of IoT Products

Market Trends:
Digital Channels Will Replace and Augment Physical Channels
The Rise of Technologies like Big Data Analytics and Artificial Intelligence

Increased Awareness among Insurers to Access a Broader Segment of the Market
Adoption of Cloud-Based Digital Solutions by Insurers to Obtain Higher Scalability

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Digital Insurance Platform Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Digital Insurance Platform market
Chapter 2: Exclusive Summary – the basic information of the Digital Insurance Platform Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Digital Insurance Platform
Chapter 4: Presenting the Digital Insurance Platform Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Digital Insurance Platform market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, Digital Insurance Platform Market is a valuable source of guidance for individuals and companies.

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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.