(MoneyNewsWire.Net, October 12, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of Global Insurance Technology Market Report for 2018-2023.
Eighty-two percent of insurance executives agree their organizations must innovate at an increasingly rapid pace just to maintain a competitive edge. Leading insurers are embracing emerging technologies such as blockchain, virtual reality, and intelligent automation, weaving themselves seamlessly into the fabric of people’s everyday lives. Carriers are also broadening their ecosystems, partnering with customers, employees, startups, and even governments to help society harness the power of these technologies while mitigating their risks, empowering their own growth in the process. To build trust with customers and employees, and reap the benefits of supercharged efficiency, insurers must acknowledge the impact AI has on people’s lives. They must “raise” their AIs to act as responsible, productive members of society. Smart sensors and other Internet of Things devices could generate more than 500 zettabytes of data by 2020. Today’s enterprise infrastructures and the cloud alone cannot support this volume efficiently. The Internet of Thinking will extend data processing beyond the cloud, toward the edge of networks via special-purpose, customizable hardware.
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Over the next five years, LPI(LP Information) projects that Insurance Technology 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 Technology 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:
Cloud Computing
Big data and Analytics
Mobility
Segmentation by application:
Commercial P&C insurance
Personal P&C insurance
We can also provide the customized separate regional or country-level reports, for the following regions:
Americas
United States
Canada
Mexico
Brazil
APAC
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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
Agile Financial Technologies
E&Y
HP
IBM
Mphasis
Oracle
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.
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Table of Content:
2018-2023 Global Insurance Technology 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 Technology Market Size 2018-2023
2.1.2 Insurance Technology Market Size CAGR by Region
2.2 Insurance Technology Segment by Type
2.2.1 Cloud Computing
2.2.2 Big data and Analytics
2.2.3 Social Media
3 Insurance Technology Key Players
3.1 Date of Key Players Enter into Insurance Technology
3.2 Key Players Insurance Technology Product Offered
3.3 Key Players Insurance Technology Funding/Investment Analysis
3.4 Funding/Investment
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Qurate Business Intelligence
Nehal Chinoy
+919881074592
nehal@qurateresearch.com
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