INSURANCE IT SPENDING MARKET ANALYSIS, SIZE, SHARE, GROWTH, INDUSTRY DEMAND, TRENDS, TOP KEY PLAYERS
Insurance firms in the US are deploying several big data and analytics technologies for effective risk and compliance management. Analytics solutions help insurance firms to increase their profitability and competitiveness in both domestic and global insurance markets.
The increased application of advanced analytical tools such as descriptive, predictive, and prescriptive analytical solutions has helped insurance firms to obtain accurate estimation of the highly demanded products. Increased adoption of social media monitoring and analytical tools in the insurance sector will result in the elevated sale of insurance products in the coming years.
Over the next five years, LPI(LP Information) projects that Insurance IT Spending will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares and growth opportunities of Insurance IT Spending market by product type, application, key companies and key regions.
To calculate the market size, LP Information considers value generated from the sales of the following segments:
Segmentation by product type:
Software spending
Hardware spending
Segmentation by application:
Commercial P&C insurance
Personal P&C insurance
Health and medical insurance
Life and accident insurance
Insurance administration and risk consulting
Annuities
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We can also provide the customized separate regional or country-level reports, for the following regions:
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United States
Canada
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APAC
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Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
Accenture
CSC
Fiserv
Guidewire Software
Oracle
Andesa
Cognizant
EXL Service
FIS
Genpact
Majesco
Microsoft
Pegasystems
SAP
StoneRiver
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Insurance IT Spending market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Insurance IT Spending market by identifying its various subsegments.
Focuses on the key global Insurance IT Spending players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Insurance IT Spending with respect to individual growth trends, future prospects, and their contribution to the total market.
Table of Contents – Key Points
2018-2023 Global Insurance IT Spending Market Report (Status and Outlook)
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Insurance IT Spending Market Size 2013-2023
2.1.2 Insurance IT Spending Market Size CAGR by Region
2.2 Insurance IT Spending Segment by Type
2.2.1 Software spending
2.2.2 Hardware spending
2.2.3 IT services spending
2.3 Insurance IT Spending Market Size by Type
2.3.1 Global Insurance IT Spending Market Size Market Share by Type (2013-2018)
2.3.2 Global Insurance IT Spending Market Size Growth Rate by Type (2013-2018)
2.4 Insurance IT Spending Segment by Application
2.4.1 Commercial P&C insurance
2.4.2 Personal P&C insurance
2.4.3 Health and medical insurance
2.4.4 Life and accident insurance
2.4.5 Insurance administration and risk consulting
2.4.6 Annuities
2.5 Insurance IT Spending Market Size by Application
2.5.1 Global Insurance IT Spending Market Size Market Share by Application (2013-2018)
2.5.2 Global Insurance IT Spending Market Size Growth Rate by Application (2013-2018)
3 Global Insurance IT Spending by Players
3.1 Global Insurance IT Spending Market Size Market Share by Players
3.1.1 Global Insurance IT Spending Market Size by Players (2016-2018)
3.1.2 Global Insurance IT Spending Market Size Market Share by Players (2016-2018)
3.2 Global Insurance IT Spending Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2016-2018)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
……….
11.1 Accenture
11.1.1 Company Details
11.1.2 Insurance IT Spending Product Offered
11.1.3 Accenture Insurance IT Spending Revenue, Gross Margin and Market Share (2016-2018)
11.1.4 Main Business Overview
11.1.5 Accenture News
11.2 CSC
11.2.1 Company Details
11.2.2 Insurance IT Spending Product Offered
11.2.3 CSC Insurance IT Spending Revenue, Gross Margin and Market Share (2016-2018)
11.2.4 Main Business Overview
11.2.5 CSC News
11.3 Fiserv
11.3.1 Company Details
11.3.2 Insurance IT Spending Product Offered
11.3.3 Fiserv Insurance IT Spending Revenue, Gross Margin and Market Share (2016-2018)
11.3.4 Main Business Overview
11.3.5 Fiserv News
11.4 Guidewire Software
11.4.1 Company Details
11.4.2 Insurance IT Spending Product Offered
11.4.3 Guidewire Software Insurance IT Spending Revenue, Gross Margin and Market Share (2016-2018)
11.4.4 Main Business Overview
11.4.5 Guidewire Software News
11.5 Oracle
11.5.1 Company Details
11.5.2 Insurance IT Spending Product Offered
11.5.3 Oracle Insurance IT Spending Revenue, Gross Margin and Market Share (2016-2018)
11.5.4 Main Business Overview
11.5.5 Oracle News
11.6 Andesa
11.6.1 Company Details
11.6.2 Insurance IT Spending Product Offered
11.6.3 Andesa Insurance IT Spending Revenue, Gross Margin and Market Share (2016-2018)
11.6.4 Main Business Overview
11.6.5 Andesa News
11.7 Cognizant
11.7.1 Company Details
11.7.2 Insurance IT Spending Product Offered
11.7.3 Cognizant Insurance IT Spending Revenue, Gross Margin and Market Share (2016-2018)
11.7.4 Main Business Overview
11.7.5 Cognizant News
11.8 EXL Service
11.8.1 Company Details
11.8.2 Insurance IT Spending Product Offered
11.8.3 EXL Service Insurance IT Spending Revenue, Gross Margin and Market Share (2016-2018)
11.8.4 Main Business Overview
11.8.5 EXL Service News
11.9 FIS
11.9.1 Company Details
11.9.2 Insurance IT Spending Product Offered
11.9.3 FIS Insurance IT Spending Revenue, Gross Margin and Market Share (2016-2018)
11.9.4 Main Business Overview
11.9.5 FIS News
11.10 Genpact
11.10.1 Company Details
11.10.2 Insurance IT Spending Product Offered
11.10.3 Genpact Insurance IT Spending Revenue, Gross Margin and Market Share (2016-2018)
11.10.4 Main Business Overview
11.10.5 Genpact News
11.11 Majesco
……Continued
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