Data Analytics in Insurance Market In-depth Research covering sales outlook, demand forecast & up-to-date key trends
Data Analytics in Insurance Market In-depth Research covering sales outlook, demand forecast & up-to-date key trends
The Data Analytics in Insurance Market report highlights technological advancements, investment opportunities, and regulatory frameworks shaping the industry landscape through 2030.
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The global Data Analytics in Insurance market is expected to grow at a CAGR of 7.8% during the forecast period.
The global Data Analytics in Insurance market is estimated to be about 10245.55 million US dollars in 2020.
The global Data Analytics in Insurance market is estimated to reach 13834.88 million USD by 2026.
The global Data Analytics in Insurance market is segmented by company, region (country), type and application. Participants, stakeholders, and other readers in the global Data Analytics in Insurance market will be able to gain an advantage as they use reports as a powerful resource.
The global Data Analytics in Insurance market is segmented by company, region (country), type and application. Participants, stakeholders, and other readers in the global Data Analytics in Insurance market will be able to gain an advantage as they use reports as a powerful resource.
Data Analytics in Insurance markets by category
Service
Software
Data Analytics in Insurance Market by Application (Percentage of Demand)
Pricing Premiums
Prevent and Reduce Fraud, and Waste
Gain Customer Insight
Who are the leading companies in Data Analytics in Insurance market
Deloitte
Verisk Analytics
IBM
SAP AG
LexisNexis
PwC
Guidewire
RSM
SAS
Pegasystems
Majesco
Tableau
OpenText
Oracle
TIBCO Software
ReSource Pro
BOARD International
Vertafore
Qlik
Data Analytics in Insurance markets by region:
In North America
In Latin America
Europe
The Asia-pacific
Middle East and Africa (MEA)
What are the main countries covered
The United States
Canada
Germany
France
UK
Italy
Russia
China
Japan
Korea
Southeast Asia
India
Australia
Brazil
Mexico
Argentina
Chile
Colombia
Egypt
Saudi Arabia
United Arab Emirates
Nigeria
South Africa
Which is the most profitable market
Among regions, North America/Europe/Asia Pacific accounted for the largest share of global personalized beauty equipment as rising consumer incomes led to increased spending at Data Analytics in Insurance.
What methodology did you follow in your research
This study was conducted by our expert analysts through a combination of primary and secondary studies. The methodology we follow includes a demand-side assessment of the market and triangulation of this through supply-side analysis. The methodology is based on the use of standard market structures, methods, and definitions.
Who were the primary study respondents
We talk to stakeholders across the spectrum. Including C-level executives, distributors, product manufacturers, industry experts, etc.
What are the sources of secondary research
We conduct extensive secondary studies using proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations and research papers.
1. Introduction
1.1 Definition of the Market
1.2 Research Purpose
1.3 Scope of the Study
1.4 Stakeholders
1.5 Geography Coverage
1.6 Currency Under Consideration
1.7 Consumption Units
1.8 Review Cycle
2 Global Market Overview
2.1 Global Data Analytics in Insurance Market Size and Growth Forecast 2014-2026
2.2 Global Data Analytics in Insurance Market Size by Region 2014-2026
2.3 Data Analytics in Insurance Gross Margin in Different Region 2014-2021
2.4 Global Data Analytics in Insurance Market by Major Companies
2.1 Global Data Analytics in Insurance Revenue and Market Share by Vendors (2016-2021)
2.2 Global Data Analytics in Insurance Industry Concentration Ratio (CR5 and HHI)
2.3 Top 5 Data Analytics in Insurance Vendors Market Share
2.4 Top 10 Data Analytics in Insurance Vendors Market Share
3 Global Data Analytics in Insurance Market by Type
3.1 Global Data Analytics in Insurance Market Size and Growth Rate Segment by Types from 2014-2021
3.2 Brief Introduction of Different Types3.2.1 Service
3.2.2 Software
4 Global Data Analytics in Insurance Market by Application
4.1 Global Data Analytics in Insurance Market Size and Growth Rate Segment by Applications from 2014-2021
4.2 Brief Introduction of Different Applications4.2.1 Pricing Premiums
4.2.2 Prevent and Reduce Fraud, and Waste
4.2.3 Gain Customer Insight
5 North America Data Analytics in Insurance Market Value and Segmentation (by Type, Application, Countries and Participants)
5.1 North America Data Analytics in Insurance Value ($) from 2014-2021
5.2 North America Data Analytics in Insurance Market Value ($) and Growth (%) by Type from 2014-2021
5.3 North America Data Analytics in Insurance Market Value ($) and Growth (%) by Application from 2014-2021
5.4 North America Data Analytics in Insurance Market Value ($) and Growth (%) by Countries from 2014-2021
5.4.1 The United States
5.4.2 Canada
5.5 Top North America Data Analytics in Insurance Participants Value ($) and Market Share (%) in 2020
6 Europe Data Analytics in Insurance Market Value and Segmentation (by Type, Application, Countries and Participants)
6.1 Europe Data Analytics in Insurance Value ($) from 2014-2021
6.2 Europe Data Analytics in Insurance Market Value ($) and Growth (%) by Type from 2014-2021
6.3 Europe Data Analytics in Insurance Market Value ($) and Growth (%) by Application from 2014-2021
6.4 Europe Data Analytics in Insurance Market Value ($) and Growth (%) by Countries from 2014-2021
6.4.1 Germany
6.4.2 France
6.4.3 UK
6.4.4 Italy
6.4.5 Russia
…
6.5 Top Europe Data Analytics in Insurance Participants Value ($) and Market Share (%) in 2020
7 Asia-Pacific Data Analytics in Insurance Market Value and Segmentation (by Type, Application, Countries and Participants)
7.1 Asia-Pacific Data Analytics in Insurance Value ($) from 2014-2021
7.2 Asia-Pacific Data Analytics in Insurance Market Value ($) and Growth (%) by Type from 2014-2021
7.3 Asia-Pacific Data Analytics in Insurance Market Value ($) and Growth (%) by Application from 2014-2021
7.4 Asia-Pacific Data Analytics in Insurance Market Value ($) and Growth (%) by Countries from 2014-2021
7.4.1 China
7.4.2 Japan
7.4.3 Korea
7.4.4 Southeast Asia
7.4.5 India
7.4.6 Australia
…
7.5 Top Asia-Pacific Data Analytics in Insurance Participants Value ($) and Market Share (%) in 2020
8 Latin America Data Analytics in Insurance Market Value and Segmentation (by Type, Application, Countries and Participants)
8.1 Latin America Data Analytics in Insurance Value ($) from 2014-2021
8.2 Latin America Data Analytics in Insurance Market Value ($) and Growth (%) by Type from 2014-2021
8.3 Latin America Data Analytics in Insurance Market Value ($) and Growth (%) by Application from 2014-2021
8.4 Latin America Data Analytics in Insurance Market Value ($) and Growth (%) by Countries from 2014-2021
8.4.1 Brazil
8.4.2 Mexico
8.4.3 Argentina
8.4.4 Chile
8.4.5 Colombia
…
8.5 Top Latin America Data Analytics in Insurance Participants Value ($) and Market Share (%) in 2020
9 Middle East & Africa Data Analytics in Insurance Market Value and Segmentation (by Type, Application, Countries and Participants)
9.1 Middle East & Africa Data Analytics in Insurance Value ($) from 2014-2021
9.2 Middle East & Africa Data Analytics in Insurance Market Value ($) and Growth (%) by Type from 2014-2021
9.3 Middle East & Africa Data Analytics in Insurance Market Value ($) and Growth (%) by Application from 2014-2021
9.4 Middle East & Africa Data Analytics in Insurance Market Value ($) and Growth (%) by Countries from 2014-2021
9.4.1 Egypt
9.4.2 Saudi Arabia
9.4.3 United Arab Emirates
9.4.4 Nigeria
9.4.5 South Africa
…
9.5 Top Middle East & Africa Data Analytics in Insurance Participants Value ($) and Market Share (%) in 2020
10. Global Level Competitive Intelligence – Company Profiles10.1 Deloitte
10.1.1 Deloitte Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.1.2 Deloitte Value, Gross and Growth Rate from 2014-2021
10.2 Verisk Analytics
10.2.1 Verisk Analytics Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.2.2 Verisk Analytics Value, Gross and Growth Rate from 2014-2021
10.3 IBM
10.3.1 IBM Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.3.2 IBM Value, Gross and Growth Rate from 2014-2021
10.4 SAP AG
10.4.1 SAP AG Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.4.2 SAP AG Value, Gross and Growth Rate from 2014-2021
10.5 LexisNexis
10.5.1 LexisNexis Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.5.2 LexisNexis Value, Gross and Growth Rate from 2014-2021
10.6 PwC
10.6.1 PwC Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.6.2 PwC Value, Gross and Growth Rate from 2014-2021
10.7 Guidewire
10.7.1 Guidewire Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.7.2 Guidewire Value, Gross and Growth Rate from 2014-2021
10.8 RSM
10.8.1 RSM Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.8.2 RSM Value, Gross and Growth Rate from 2014-2021
10.9 SAS
10.9.1 SAS Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.9.2 SAS Value, Gross and Growth Rate from 2014-2021
10.10 Pegasystems
10.10.1 Pegasystems Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.10.2 Pegasystems Value, Gross and Growth Rate from 2014-2021
10.11 Majesco
10.11.1 Majesco Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.11.2 Majesco Value, Gross and Growth Rate from 2014-2021
10.12 Tableau
10.12.1 Tableau Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.12.2 Tableau Value, Gross and Growth Rate from 2014-2021
10.13 OpenText
10.13.1 OpenText Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.13.2 OpenText Value, Gross and Growth Rate from 2014-2021
10.14 Oracle
10.14.1 Oracle Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.14.2 Oracle Value, Gross and Growth Rate from 2014-2021
10.15 TIBCO Software
10.15.1 TIBCO Software Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.15.2 TIBCO Software Value, Gross and Growth Rate from 2014-2021
10.16 ReSource Pro
10.16.1 ReSource Pro Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.16.2 ReSource Pro Value, Gross and Growth Rate from 2014-2021
10.17 BOARD International
10.17.1 BOARD International Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.17.2 BOARD International Value, Gross and Growth Rate from 2014-2021
10.18 Vertafore
10.18.1 Vertafore Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.18.2 Vertafore Value, Gross and Growth Rate from 2014-2021
10.19 Qlik
10.19.1 Qlik Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.19.2 Qlik Value, Gross and Growth Rate from 2014-2021
11. Market Dynamics
11.1 Driving Factors
11.1.1 Rising Demand in one or More of the Following Regions: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa
11.1.2 Increasing Use of Data Analytics in Insurance by Different End-User/Applications
11.2 Restraints and Challenges in the Market
11.3 Opportunities
12. Future Forecast of Global Data Analytics in Insurance Market from 2021-2026
12.1 Future Forecast of Global Data Analytics in Insurance Market from 2021-2026 Segment by Regions
12.2 Future Forecast of Global Data Analytics in Insurance Market from 2021-2026 Segment by Type
12.3 Future Forecast of Global Data Analytics in Insurance Market from 2021-2026 Segment by Application
13. Investment Analysis
13.1 Fundamental Analysis (Porter's Five Forces Analysis)
13.2 Technical Preparation Analysis
13.3 Risk Evaluating Analysis
13.4 Estimated Investment Pay-Back Period
14 Research Methodology
14.1 Research Data
14.1.1 Secondary Data
14.1.2 Primary Data
14.2 Market Size Estimation
14.2.1 Bottom-Up Approach
14.2.2 Top-Down Approach (Involves time, Space, and Persons)
14.3 Data Triangulation
14.4 Assumptions
14.5 Hypothesis of this Research, Clear, specific, and testable statement of this research
14.6 Limitations of Our Study
14.7 Scene Based Modeling
14.8 Covid-19 Impact/Evaluation
15 Disclaimer
Table Key Data Covered
Table Key Data Parameter
Figure Global Data Analytics in Insurance Market Size and Growth Forecast 2014-2026
Table Global Data Analytics in Insurance Market Size ($) by Region 2014-2026
Table Data Analytics in Insurance Gross Margin in Different Region 2014-2021
Table Global Data Analytics in Insurance Market Size ($) and Growth Rate Segment by Types from 2014-2021Figure Service of Data Analytics in Insurance
Figure Software of Data Analytics in Insurance
Table Global Data Analytics in Insurance Market Size ($) and Growth Rate Segment by Applications from 2014-2021
Figure Pricing Premiums of Data Analytics in Insurance
Figure Prevent and Reduce Fraud, and Waste of Data Analytics in Insurance
Figure Gain Customer Insight of Data Analytics in Insurance
Figure North America Data Analytics in Insurance Value ($) and Growth Rate from 2014-2021
Table North America Data Analytics in Insurance Value ($) and Growth (%) by Type from 2014-2021
Table North America Data Analytics in Insurance Value ($) and Growth (%) by Application from 2014-2021
Table Top North America Data Analytics in Insurance Participants Value ($) and Market Share (%) in 2020
Figure Europe Data Analytics in Insurance Value ($) and Growth Rate from 2014-2021
Table Europe Data Analytics in Insurance Value ($) and Growth (%) by Type from 2014-2021
Table Europe Data Analytics in Insurance Value ($) and Growth (%) by Application from 2014-2021
Table Top Europe Data Analytics in Insurance Participants Value ($) and Market Share (%) in 2020
Figure Asia-Pacific Data Analytics in Insurance Value ($) and Growth Rate from 2014-2021
Table Asia-Pacific Data Analytics in Insurance Value ($) and Growth (%) by Type from 2014-2021
Table Asia-Pacific Data Analytics in Insurance Value ($) and Growth (%) by Application from 2014-2021
Table Top Asia-Pacific Data Analytics in Insurance Participants Value ($) and Market Share (%) in 2020
Figure Latin America Data Analytics in Insurance Value ($) and Growth Rate from 2014-2021
Table Latin America Data Analytics in Insurance Value ($) and Growth (%) by Type from 2014-2021
Table Latin America Data Analytics in Insurance Value ($) and Growth (%) by Application from 2014-2021
Table Top Latin America Data Analytics in Insurance Participants Value ($) and Market Share (%) in 2020
Figure Middle East & Africa Data Analytics in Insurance Value ($) and Growth Rate from 2014-2021
Table Middle East & Africa Data Analytics in Insurance Value ($) and Growth (%) by Type from 2014-2021
Table Middle East & Africa Data Analytics in Insurance Value ($) and Growth (%) by Application from 2014-2021
Table Top Middle East & Africa Data Analytics in Insurance Participants Value ($) and Market Share (%) in 2020Table Deloitte Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Deloitte Value, Gross and Growth Rate from 2014-2021
Figure Deloitte Gross Margin from 2014-2021
Table Verisk Analytics Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Verisk Analytics Value, Gross and Growth Rate from 2014-2021
Figure Verisk Analytics Gross Margin from 2014-2021
Table IBM Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure IBM Value, Gross and Growth Rate from 2014-2021
Figure IBM Gross Margin from 2014-2021
Table SAP AG Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure SAP AG Value, Gross and Growth Rate from 2014-2021
Figure SAP AG Gross Margin from 2014-2021
Table LexisNexis Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure LexisNexis Value, Gross and Growth Rate from 2014-2021
Figure LexisNexis Gross Margin from 2014-2021
Table PwC Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure PwC Value, Gross and Growth Rate from 2014-2021
Figure PwC Gross Margin from 2014-2021
Table Guidewire Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Guidewire Value, Gross and Growth Rate from 2014-2021
Figure Guidewire Gross Margin from 2014-2021
Table RSM Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure RSM Value, Gross and Growth Rate from 2014-2021
Figure RSM Gross Margin from 2014-2021
Table SAS Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure SAS Value, Gross and Growth Rate from 2014-2021
Figure SAS Gross Margin from 2014-2021
Table Pegasystems Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Pegasystems Value, Gross and Growth Rate from 2014-2021
Figure Pegasystems Gross Margin from 2014-2021
Table Majesco Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Majesco Value, Gross and Growth Rate from 2014-2021
Figure Majesco Gross Margin from 2014-2021
Table Tableau Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Tableau Value, Gross and Growth Rate from 2014-2021
Figure Tableau Gross Margin from 2014-2021
Table OpenText Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure OpenText Value, Gross and Growth Rate from 2014-2021
Figure OpenText Gross Margin from 2014-2021
Table Oracle Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Oracle Value, Gross and Growth Rate from 2014-2021
Figure Oracle Gross Margin from 2014-2021
Table TIBCO Software Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure TIBCO Software Value, Gross and Growth Rate from 2014-2021
Figure TIBCO Software Gross Margin from 2014-2021
Table ReSource Pro Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure ReSource Pro Value, Gross and Growth Rate from 2014-2021
Figure ReSource Pro Gross Margin from 2014-2021
Table BOARD International Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure BOARD International Value, Gross and Growth Rate from 2014-2021
Figure BOARD International Gross Margin from 2014-2021
Table Vertafore Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Vertafore Value, Gross and Growth Rate from 2014-2021
Figure Vertafore Gross Margin from 2014-2021
Table Qlik Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Qlik Value, Gross and Growth Rate from 2014-2021
Figure Qlik Gross Margin from 2014-2021
Table Driving Factors for this Market (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa)
Table Global Data Analytics in Insurance Value ($) and Growth Rate Forecast by Regions (2021-2026)
Table Global Data Analytics in Insurance Production and Growth Rate Forecast by Types (2021-2026)
Table Global Data Analytics in Insurance Value and Growth Rate Forecast by End-User/Applications (2021-2026)
Table Key Data from Secondary Sources
Table Key Data Parameter
Figure Market Size Estimation by End-Use Industry
Figure Market: Data Triangulation
Figure Market Size Estimation: Top-Down Approach
Research Methodology:
Data Analytics in Insurance Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
| Primary Sources | Parameters | Key Data |
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| Total Market |
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