Global Insurance IT Spending Market Size, Status, Research and Forecast 2019-2025

Published On: Jul 2019

Format: PDF

Publisher: QY Research

Pages: 106

Report ID: 3402

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.
In 2018, the global Insurance IT Spending market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

This report focuses on the global Insurance IT Spending status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Insurance IT Spending development in United States, Europe and China.

The key players covered in this study
Accenture
CSC
Fiserv
Guidewire Software
Oracle
Andesa
Cognizant
EXL Service
FIS
Genpact
Majesco
Microsoft
Pegasystems
SAP
StoneRiver

Market segment by Type, the product can be split into
Software spending
Hardware spending
IT services spending 

Market segment by Application, split into
Commercial P&C insurance
Personal P&C insurance
Health and medical insurance
Life and accident insurance
Insurance administration and risk consulting
Annuities

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Insurance IT Spending status, future forecast, growth opportunity, key market and key players.
To present the Insurance IT Spending development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Insurance IT Spending are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Table of Contents

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Insurance IT Spending Market Size Growth Rate by Type (2014-2025)
1.4.2 Software spending
1.4.3 Hardware spending
1.4.4 IT services spending 
1.5 Market by Application
1.5.1 Global Insurance IT Spending Market Share by Application (2014-2025)
1.5.2 Commercial P&C insurance
1.5.3 Personal P&C insurance
1.5.4 Health and medical insurance
1.5.5 Life and accident insurance
1.5.6 Insurance administration and risk consulting
1.5.7 Annuities
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Insurance IT Spending Market Size
2.2 Insurance IT Spending Growth Trends by Regions
2.2.1 Insurance IT Spending Market Size by Regions (2014-2025)
2.2.2 Insurance IT Spending Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities

3 Market Share by Key Players
3.1 Insurance IT Spending Market Size by Manufacturers
3.1.1 Global Insurance IT Spending Revenue by Manufacturers (2014-2019)
3.1.2 Global Insurance IT Spending Revenue Market Share by Manufacturers (2014-2019)
3.1.3 Global Insurance IT Spending Market Concentration Ratio (CR5 and HHI)
3.2 Insurance IT Spending Key Players Head office and Area Served
3.3 Key Players Insurance IT Spending Product/Solution/Service
3.4 Date of Enter into Insurance IT Spending Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Type and Application
4.1 Global Insurance IT Spending Market Size by Type (2014-2019)
4.2 Global Insurance IT Spending Market Size by Application (2014-2019)

5 United States
5.1 United States Insurance IT Spending Market Size (2014-2019)
5.2 Insurance IT Spending Key Players in United States
5.3 United States Insurance IT Spending Market Size by Type
5.4 United States Insurance IT Spending Market Size by Application

6 Europe
6.1 Europe Insurance IT Spending Market Size (2014-2019)
6.2 Insurance IT Spending Key Players in Europe
6.3 Europe Insurance IT Spending Market Size by Type
6.4 Europe Insurance IT Spending Market Size by Application

7 China
7.1 China Insurance IT Spending Market Size (2014-2019)
7.2 Insurance IT Spending Key Players in China
7.3 China Insurance IT Spending Market Size by Type
7.4 China Insurance IT Spending Market Size by Application

8 Japan
8.1 Japan Insurance IT Spending Market Size (2014-2019)
8.2 Insurance IT Spending Key Players in Japan
8.3 Japan Insurance IT Spending Market Size by Type
8.4 Japan Insurance IT Spending Market Size by Application

9 Southeast Asia
9.1 Southeast Asia Insurance IT Spending Market Size (2014-2019)
9.2 Insurance IT Spending Key Players in Southeast Asia
9.3 Southeast Asia Insurance IT Spending Market Size by Type
9.4 Southeast Asia Insurance IT Spending Market Size by Application

10 India
10.1 India Insurance IT Spending Market Size (2014-2019)
10.2 Insurance IT Spending Key Players in India
10.3 India Insurance IT Spending Market Size by Type
10.4 India Insurance IT Spending Market Size by Application

11 Central & South America
11.1 Central & South America Insurance IT Spending Market Size (2014-2019)
11.2 Insurance IT Spending Key Players in Central & South America
11.3 Central & South America Insurance IT Spending Market Size by Type
11.4 Central & South America Insurance IT Spending Market Size by Application

12 International Players Profiles
12.1 Accenture
12.1.1 Accenture Company Details
12.1.2 Company Description and Business Overview
12.1.3 Insurance IT Spending Introduction
12.1.4 Accenture Revenue in Insurance IT Spending Business (2014-2019)
12.1.5 Accenture Recent Development
12.2 CSC
12.2.1 CSC Company Details
12.2.2 Company Description and Business Overview
12.2.3 Insurance IT Spending Introduction
12.2.4 CSC Revenue in Insurance IT Spending Business (2014-2019)
12.2.5 CSC Recent Development
12.3 Fiserv
12.3.1 Fiserv Company Details
12.3.2 Company Description and Business Overview
12.3.3 Insurance IT Spending Introduction
12.3.4 Fiserv Revenue in Insurance IT Spending Business (2014-2019)
12.3.5 Fiserv Recent Development
12.4 Guidewire Software
12.4.1 Guidewire Software Company Details
12.4.2 Company Description and Business Overview
12.4.3 Insurance IT Spending Introduction
12.4.4 Guidewire Software Revenue in Insurance IT Spending Business (2014-2019)
12.4.5 Guidewire Software Recent Development
12.5 Oracle
12.5.1 Oracle Company Details
12.5.2 Company Description and Business Overview
12.5.3 Insurance IT Spending Introduction
12.5.4 Oracle Revenue in Insurance IT Spending Business (2014-2019)
12.5.5 Oracle Recent Development
12.6 Andesa
12.6.1 Andesa Company Details
12.6.2 Company Description and Business Overview
12.6.3 Insurance IT Spending Introduction
12.6.4 Andesa Revenue in Insurance IT Spending Business (2014-2019)
12.6.5 Andesa Recent Development
12.7 Cognizant
12.7.1 Cognizant Company Details
12.7.2 Company Description and Business Overview
12.7.3 Insurance IT Spending Introduction
12.7.4 Cognizant Revenue in Insurance IT Spending Business (2014-2019)
12.7.5 Cognizant Recent Development
12.8 EXL Service
12.8.1 EXL Service Company Details
12.8.2 Company Description and Business Overview
12.8.3 Insurance IT Spending Introduction
12.8.4 EXL Service Revenue in Insurance IT Spending Business (2014-2019)
12.8.5 EXL Service Recent Development
12.9 FIS
12.9.1 FIS Company Details
12.9.2 Company Description and Business Overview
12.9.3 Insurance IT Spending Introduction
12.9.4 FIS Revenue in Insurance IT Spending Business (2014-2019)
12.9.5 FIS Recent Development
12.10 Genpact
12.10.1 Genpact Company Details
12.10.2 Company Description and Business Overview
12.10.3 Insurance IT Spending Introduction
12.10.4 Genpact Revenue in Insurance IT Spending Business (2014-2019)
12.10.5 Genpact Recent Development
12.11 Majesco
12.12 Microsoft
12.13 Pegasystems
12.14 SAP
12.15 StoneRiver

13 Market Forecast 2019-2025
13.1 Market Size Forecast by Regions
13.2 United States
13.3 Europe
13.4 China
13.5 Japan
13.6 Southeast Asia
13.7 India
13.8 Central & South America
13.9 Market Size Forecast by Product (2019-2025)
13.10 Market Size Forecast by Application (2019-2025)

14 Analyst's Viewpoints/Conclusions

15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.1.1 Research Programs/Design
15.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
15.1.2 Data Source
15.1.2.1 Secondary Sources
15.1.2.2 Primary Sources
15.2 Disclaimer
15.3 Author Details