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Global Insurance Software Market 2016-2020

Published By :


Published Date : Dec 2016

Category :


No. of Pages : 59 Pages

About Insurance Software

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.

Technavios analysts forecast the global insurance software market to grow at a CAGR of 4.59% during the period 2016-2020.

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:

Technavio's 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

Other prominent vendors
Automated Workflow Private Limited (AWPL)
Computer Professionals Inc. (CPI)
Computer Sciences Corporation (CSC)
EIS Group
Guidewire Software
Hyland Software
Lexmark International
Sapiens International Corporation

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?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

PART 01: Executive summary
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
PART 21: Key vendor profiles
PART 22: Other prominent vendors
PART 23: Appendix
List of abbreviation
PART 24: Explore Technavio
List of Exhibits
Exhibit 01: Global insurance software market: Revenue by geography 2015-2020
Exhibit 02: Major countries considered in the market analysis
Exhibit 03: Product offerings
Exhibit 04: Market assumptions
Exhibit 05: Product offered
Exhibit 06: Product life cycle 2015
Exhibit 07: Product life cycle 2020
Exhibit 08: Global insurance software market 2015-2020 ($ billions)
Exhibit 09: Geographical segmentation of insurance software market 2015 and 2020 (%)
Exhibit 10: Insurance software market in Americas 2015-2020 ($ billions)
Exhibit 11: Insurance software market in EMEA 2015-2020 ($ billions)
Exhibit 12: Insurance software market in APAC 2015-2020 ($ billions)
Exhibit 13: Impact of drivers
Exhibit 14: Impact of drivers and challenges
Exhibit 15: Buying criteria for insurance software
Exhibit 16: Five forces analysis
Exhibit 17: Other prominent vendors

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