Insurance Software 2017 Global Market Expected to Grow at CAGR 4.59% and Forecast to 2020

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New York, NY -- (SBWIRE) -- 10/13/2017 -- The analysts forecast the global insurance software market to grow at a CAGR of 4.59% during the period 2016-2020.

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.

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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

The 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

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
- 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?

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Table Of Contents – Major Key Points

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


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