Allied Market Research published a report, titled, “Insurance Analytics Market By Component (Solution and Service), Deployment Type (On-Premises and Cloud), Enterprise Size (Large Enterprises and Small & Medium Enterprises (SMEs)), Application (Claims Management, Risk Management, Customer Management, Sales & Marketing, and Others), End User (Insurance Companies, Government Agencies, and Third-party Administrators, Brokers & Consultancies): Global Opportunity Analysis and Industry Forecast, 2020–2027.” The report provides an extensive analysis of drivers and opportunities, major investment pockets, key segments, competitive scenario, and investment feasibility.
The research provides a comprehensive analysis of drivers, restraining factors, and opportunities of the global Insurance Analytics Market. This analysis is helpful for deciding strategies and determining growth potential. Insurance Analytics Market players, new entrants, and investors will be benefited through these insights for unlocking the potential and achieving competitive edge.
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A comprehensive analysis of each segment and sub-segment is provided in the research. In addition, the tabular and graphical representation of each segment and sub-segment will assist market players in understanding the largest revenue generating segments and driving factors thoroughly. This analysis is valuable in identifying the fastest growing segments as well and strategizing to gain a long-term growth.
Key Market Segments:
- BY COMPONENT
- Solution
- Service
- BY DEPLOYMENT MODEL
- On-premises
- Cloud
- BY ENTERPRISE SIZE
- Large Enterprises
- Small & Medium Enterprises (SMEs)
- BY APPLICATION
- Claims Management
- Risk Management
- Customer Management
- Sales & Marketing
- Others
- BY END USER
- Insurance Companies
- Government Agencies
- Third-party Administrators, Brokers & Consultancies
The research provides competitive landscape of the global Insurance Analytics Market for different regions and countries. Regions discussed in the research include North America (the U.S., Mexico, and Canada), Europe (the U.K., Germany, Italy, France, and rest of Europe), Asia-Pacific (India, China, Japan, Taiwan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). The data and statistics about these countries and regions prove to be helpful in determining strategies and exploiting the potential. AMR also provides the customization services for a particular country, region, and segment based on the client requirements.
The report offers the detailed impact of the Covid-19 pandemic on the global Insurance Analytics Market. These insights give an idea to adapt strategies and change business models to cope up with the impact of the pandemic. The key impact by the pandemic includes stoppage in manufacturing processes, supply chain disruptions, and lack of unavailability of workforce. However, the market is recovering slowly post-pandemic. Investors and stakeholder can change their strategies by determining the feasibility of investments as per the changing scenario.
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The report offers a detailed analysis of key market players active in the global Insurance Analytics Market.
The leading market players analyzed in the report include
- Applied Systems
- INTERNATIONAL BUSINESS MACHINES CORPORATION
- MICROSOFT
- Open Text Corporation
- Oracle
- Pegasystems Inc.
- salesforce.com inc.
- SAP SE
- SAS Institute Inc.
- Vertafore, Inc.
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They adopted various strategies such as partnerships, joint ventures, mergers and acquisitions, expansion, collaborations, and others to avail sustainable growth and make an international presence.
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