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New Research Report on Insurance Analytics Market CAGR of +12% by 2025: Regulative Landscape, Newly Invented Strategies, Statistical Investigation, and Key Players

The global insurance analytics market is expected to grow from USD 6.63 Billion in 2018 to USD 11.96 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 12.5% during the forecast period. The major growth driver of the market is the rapid adoption of data-driven decision-making process and advanced analytics techniques.

 

Pune, India -- (SBWIRE) -- 05/21/2018 -- The Global Insurance Analytics Market to Grow steadily at a CAGR of +12% during the forecast period.

Insurance analytics is the process of integrating insurance data from multiple, disparate data sources to produce accurate, consistent, and more useful information. It seamlessly detects and combines the insurance data to generate improved information and provide new insights that could be shared with the authorized users for better decision-making. Insurance analytics is a collection of multiple big data sources, which delivers a comprehensive view of customer and insurance data across an organization.

The Global Insurance Analytics Market research report helps analyze the market on a global basis and also offers forecast and statistics in terms of revenue for the forecast period. This research study offers a detailed overview of the market dynamics that are expected to affect the overall industry in the coming few years. The report has been well-organized applying primary and secondary research approaches. In addition, the study explains the impact of the key factors on the development and growth of the market through the forecast period. Promising opportunities in the global market have also been mentioned in the study.

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Companies Profiled in this report includes, IBM, Microsoft, Oracle, SAP SE, Salesforce, SAS Institute, OpenText, Verisk Analytics, Tableau Software, Pegasystems, Hexaware, Guidewire, MicroStrategy, LexisNexis, Palantir, TIBCO Software, Applied Systems, Birst, BOARD International.

Insurers are now leveraging analytics solutions to offer additional policy discounts and proactive risk management services. With social media, they are now able to understand their customers' lifestyle and create customized coverage to match their requirements. Organizations are deploying insurance analytics solutions either on on-cloud or on-premises. The demand for on-cloud insurance analytics solutions is expected to grow, due to its cost-effective and scalable features; its growth is expected to be high, particularly in the Small and Medium-sized Enterprises (SMEs), where low-cost solutions along with high data privacy are largely required.

The report is characterized by numerous parts dealing with diverse aspects of the Insurance Analytics market. This research report inspects the present situation and development scenario of the market around the globe during the forecasting horizon. To ascertain the market size, the report analyzes the revenue generated in the market worldwide together with representing the segmentation of the key players.

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The competitive landscape of the Global Insurance Analytics Market is discussed in the report, including the market share and new orders market share by company. The report profiles some of the leading players in the global market for the purpose of an in-depth study of the challenges faced by the industry as well as the growth opportunities in the market. The report also discusses the strategies implemented by the key companies to maintain their foothold in the industry. The business overview and financial overview of each of the companies have been analyzed.

The report further analyzes the competitive landscape in this market by examining the profiles of the established market players to gain an insight into the current market hierarchy. The existing and the forthcoming ventures in the worldwide market for Insurance Analytics has also been discussed in this research report in details, making it a valuable resource for guidance for the stakeholders functional in this market.

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Table of Contents
Global Insurance Analytics Market Research Report 2018

Chapter 1 Global Insurance Analytics Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Market Forecast