Insurance Software Market by Deployment, Type, and Geography - Forecast and Analysis 2023-2027

Published: Jan 2023 Pages: 173 SKU: IRTNTR44333

Insurance Software Market Analysis 2023-2027:

Global Insurance Software Market size is estimated to grow by USD 6,453.98 million between 2022 and 2027 accelerating at a CAGR of 7.22%. 

Natural catastrophes, including droughts, floods, hurricanes, tsunamis, earthquakes, epidemics, and volcanic activity, reached approximately 10,492 in 2021-2022. Tornado-related events in the US increased insurance demand due to property damage in the millions. These  catastrophes has increased the demand of insurance software market. Proactive individuals and organizations are adopting insurance software to simplify processes, analyze data, and adjust policies for better protection. These factors are expected to fuel the growth of the Insurance software market.

This report extensively covers market segmentation by deployment (on-premises and cloud-based), type (life insurance, accident and health insurance, property and casualty insurance, and others), and geography (North America, APAC, Europe, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Insurance Software Market During the Forecast Period?

To learn more about this report, Request Free Sample

Insurance Software Market: Key Drivers, Trends, Challenges, and Customer Landscape

The increasing adoption of insurance in developing countries is notably driving market growth, although factors such as changing skill requirements may impede market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Insurance Software Market Driver

The increasing adoption of insurance in developing countries is notably driving market growth. The markets in developed countries have become saturated. This is because of the increased awareness and early adoption of insurance by consumers. Moreover, developed nations have stringent government regulations for the subscription to insurance, including insurance for life and health, property and casualty, or specialities such as marine and aviation.

Furthermore, the digital transformation of insurance has resulted in a rapid increase in the demand for upgraded customer-facing software. With the increasing demand for insurance in developing countries, the demand for software is growing at a fast pace. The traditional methods of insurance are no more adapted. In mature markets, insurers are moving all the new and existing insurance policies to digital platforms. Thus, we expect to see a manifold increase in the importance and growth of the market during the forecast period.

Significant Insurance Software Market Trend

Integration of wearables into customer engagement metrics for the life insurance software market is an emerging trend in the market. The adoption of sensor-based wearables is redefining customer engagement methods and processes for life insurers. These wearables aid in the real-time tracking of customer lifestyle habits, physical activity levels, and food habits. Real-time consumer data provides insurers with immense opportunities to improve their services and make appropriate business decisions. In addition, based on the most recent data, they can suggest or come up with modified products to suit customer lifestyles and maximize insurance company profits by minimizing the risks.

The features of wearables can only be used if they are integrated into online insurance software. The insurance software can use the collected data to perform analysis not only for an individual but at a mass scale to redefine the product portfolio and redesign clauses for claims and disbursal. Hence, the above-mentioned factors are expected to fuel the growth of the market in focus during the forecast period.

Major Insurance Software Market Challenge

The changing skill requirements are major challenges impeding the market. Technological advances are driving the insurance industry. Customer-facing applications are being introduced in the market. In addition, data analytics is increasingly being integrated into the main insurance software to derive insights, detect fraud, and predict claim patterns.

The use of technologies, such as blockchain, in insurance software, can increase the efficiency and security of paperwork. This assures customers of the safety of their credentials and classified data. However, the right skills are required to understand and use such high-tech innovations. Vendors can make the software user-friendly as the market is becoming customer-centric. In addition, customer trust in the brand increases if they can understand the process. Thus, the data needs to be readable and comprehensible to customers so that it is useful to them. The industry is facing a challenge in finding a skilled workforce to implement digital innovations. This is hindering technology adoption among insurance companies. Hence, such factors are expected to hamper the growth of the global market during the forecast period.

Key Insurance Software Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Insurance Software Market Customer Landscape

Who are the Major Insurance Software Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Axxis Systems SA -The company operates in one segment which offers software business for third-party companies. The key offerings of the company include insurance software.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Accenture Plc
  • Acturis Group
  • Applied Systems Inc.
  • Aptitude Software Group Plc
  • Dell Technologies Inc.
  • Ebix Inc.
  • Enlyte
  • Guidewire Software Inc.
  • Hyland Software Inc.
  • International Business Machines Corp.
  • Jenesis Software
  • Microsoft Corp.
  • Nest Innovative Solutions Pvt. Ltd.
  • Oracle Corp.
  • Rocket Software Inc.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Insurance Software Market?

The market share growth by the on-premises segment will be significant during the forecast period. The market is mainly operated by large organizations that consider data privacy and security a priority. These organizations focus more on functionality than on cost-effectiveness. The high security and data privacy offered by the on-premises deployment model drive market growth.

Get a glance at the market contribution of various segments Request a PDF Sample

The on-premises segment USD 9,545.00 million in 2017 and continued to grow until 2021. The growth of this segment can be attributed to various unique properties of the on-premises deployment model Some of them include an organization's complete control over the in-house server, IT infrastructure, in-house IT team, and intranet; the usage of the software in core applications by insurance company branches that operate out of rural areas that may not have proper internet access to use the cloud as the primary mode of conducting business; and unlike the cloud software, the on-premise software used by insurance companies have control over the maintenance of data security and privacy and adherence to government rules, regulations, and protocols. In this technologically advanced and threat-enhanced environment, enterprise risk management is of prime importance. Hence, the above-mentioned factors are expected to fuel the growth of the on-premises segment in the global market during the forecast period.

Which are the Key Regions for the Insurance Software Market?

For more insights on the market share of various regions Request PDF Sample now!

North America is estimated to contribute 36% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

North America has been the largest market in the world in terms of gross written premium volume of insurance policies. With a steady revenue flow in the insurance industry, several technology-driven innovations are expected to be implemented. This is expected to create a demand for insurance software.

Other key factors propelling the growth of the market in North America are the highly industrialized economy of several countries and the significant use of the internet for payments and data transactions within or between organizations. Since the dependency on the internet, wireless technologies, and cloud-based services is high in North America, organizations in this region are increasing their spending on advanced solutions to remain competitive in the market. Furthermore, technologies such as AI and the IoT are gaining high traction among end-user industries. For instance, Wipro Ltd. Provides an IoT-based insurance solution named Insurance connected IoT, which helps insurers to collect granular data from a vast number of connected sensors to enable cost control, risk control, variable pricing, and to drive customer propositions. This is expected to support the growth of the market in the region during the forecast period.

In 2020, most North American countries were severely affected by COVID-19. This forced governments to impose lockdowns to contain COVID-19, which resulted in a decline in the operations of banks and other financial institutions in the region during the initial months of 2020. However, adopting digital borrowing and lending funds is expected to boost online platforms, including insurance software. Also, the large-scale vaccination drives administered to every individual in the region in 2021 led to the resumption of business activities. Therefore, the majority of the low-income groups are in the process of establishing small and medium-sized businesses (SMBs) and insurance among customers. This accelerates the demand for insurance software in the region, which will further drive the growth of the market in focus during the forecast period.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Deployment Outlook (USD Million, 2017 - 2027)
    • On-premises
    • Cloud-based
  • Type Outlook (USD Million, 2017 - 2027)
    • Life insurance
    • Accident and health insurance
    • Property and casualty insurance
    • Others
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Insurance Software Market Scope

Report Coverage

Details

Page number

173

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 7.22%

Market growth 2023-2027

USD 6,453.98 million

Market structure

Fragmented

YoY growth 2022-2023(%)

6.66

Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

North America at 36%

Key countries

US, China, Japan, UK, and France

Competitive landscape

 Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Accenture Plc, Acturis Group, Applied Systems Inc., Aptitude Software Group Plc, Axxis Systems SA, Dell Technologies Inc., Ebix Inc., Enlyte, Guidewire Software Inc., Hyland Software Inc., International Business Machines Corp., Jenesis Software, Microsoft Corp., Nest Innovative Solutions Pvt. Ltd., Oracle Corp., Rocket Software Inc., Roper Technologies Inc., Salesforce.com Inc., SAP SE, and Solartis LLC

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request PDF sample

What are the Key Data Covered in this Insurance Software Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the insurance software market between 2023 and 2027
  • Precise estimation of the insurance software market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the industry across North America, APAC, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of insurance software market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global insurance software market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global insurance software market 2017 - 2021 ($ million)
    • 4.2 Deployment Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Deployment Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Deployment

    • 6.1 Market segments
      • Exhibit 30: Chart on Deployment - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Deployment - Market share 2022-2027 (%)
    • 6.2 Comparison by Deployment
      • Exhibit 32: Chart on Comparison by Deployment
      • Exhibit 33: Data Table on Comparison by Deployment
    • 6.3 On-premises - Market size and forecast 2022-2027
      • Exhibit 34: Chart on On-premises - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on On-premises - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on On-premises - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on On-premises - Year-over-year growth 2022-2027 (%)
    • 6.4 Cloud-based - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Cloud-based - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Cloud-based - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Cloud-based - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Cloud-based - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Deployment
      • Exhibit 42: Market opportunity by Deployment ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 43: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 45: Chart on Comparison by Type
      • Exhibit 46: Data Table on Comparison by Type
    • 7.3 Life insurance - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Life insurance - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Data Table on Life insurance - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Chart on Life insurance - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Life insurance - Year-over-year growth 2022-2027 (%)
    • 7.4 Accident and health insurance - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Accident and health insurance - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Accident and health insurance - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Accident and health insurance - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Accident and health insurance - Year-over-year growth 2022-2027 (%)
    • 7.5 Property and casualty insurance - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Property and casualty insurance - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Property and casualty insurance - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Property and casualty insurance - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Property and casualty insurance - Year-over-year growth 2022-2027 (%)
    • 7.6 Others - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 60: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by Type
      • Exhibit 63: Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 65: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 66: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 67: Chart on Geographic comparison
      • Exhibit 68: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 APAC - Market size and forecast 2022-2027
      • Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 UK - Market size and forecast 2022-2027
      • Exhibit 101: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.12 France - Market size and forecast 2022-2027
      • Exhibit 105: Chart on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 106: Data Table on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 107: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 108: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 109: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 110: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 111: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 112: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 113: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 114: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 115: Matrix on vendor position and classification
            • 12.3 Accenture Plc
              • Exhibit 116: Accenture Plc - Overview
              • Exhibit 117: Accenture Plc - Business segments
              • Exhibit 118: Accenture Plc - Key news
              • Exhibit 119: Accenture Plc - Key offerings
              • Exhibit 120: Accenture Plc - Segment focus
            • 12.4 Acturis Group
              • Exhibit 121: Acturis Group - Overview
              • Exhibit 122: Acturis Group - Product / Service
              • Exhibit 123: Acturis Group - Key offerings
            • 12.5 Applied Systems Inc.
              • Exhibit 124: Applied Systems Inc. - Overview
              • Exhibit 125: Applied Systems Inc. - Product / Service
              • Exhibit 126: Applied Systems Inc. - Key offerings
            • 12.6 Aptitude Software Group Plc
              • Exhibit 127: Aptitude Software Group Plc - Overview
              • Exhibit 128: Aptitude Software Group Plc - Product / Service
              • Exhibit 129: Aptitude Software Group Plc - Key offerings
            • 12.7 Axxis Systems SA
              • Exhibit 130: Axxis Systems SA - Overview
              • Exhibit 131: Axxis Systems SA - Product / Service
              • Exhibit 132: Axxis Systems SA - Key offerings
            • 12.8 Dell Technologies Inc.
              • Exhibit 133: Dell Technologies Inc. - Overview
              • Exhibit 134: Dell Technologies Inc. - Business segments
              • Exhibit 135: Dell Technologies Inc. - Key news
              • Exhibit 136: Dell Technologies Inc. - Key offerings
              • Exhibit 137: Dell Technologies Inc. - Segment focus
            • 12.9 Ebix Inc.
              • Exhibit 138: Ebix Inc. - Overview
              • Exhibit 139: Ebix Inc. - Business segments
              • Exhibit 140: Ebix Inc. - Key offerings
              • Exhibit 141: Ebix Inc. - Segment focus
            • 12.10 Guidewire Software Inc.
              • Exhibit 142: Guidewire Software Inc. - Overview
              • Exhibit 143: Guidewire Software Inc. - Product / Service
              • Exhibit 144: Guidewire Software Inc. - Key offerings
            • 12.11 Hyland Software Inc.
              • Exhibit 145: Hyland Software Inc. - Overview
              • Exhibit 146: Hyland Software Inc. - Product / Service
              • Exhibit 147: Hyland Software Inc. - Key offerings
            • 12.12 International Business Machines Corp.
              • Exhibit 148: International Business Machines Corp. - Overview
              • Exhibit 149: International Business Machines Corp. - Business segments
              • Exhibit 150: International Business Machines Corp. - Key news
              • Exhibit 151: International Business Machines Corp. - Key offerings
              • Exhibit 152: International Business Machines Corp. - Segment focus
            • 12.13 Microsoft Corp.
              • Exhibit 153: Microsoft Corp. - Overview
              • Exhibit 154: Microsoft Corp. - Business segments
              • Exhibit 155: Microsoft Corp. - Key news
              • Exhibit 156: Microsoft Corp. - Key offerings
              • Exhibit 157: Microsoft Corp. - Segment focus
            • 12.14 Oracle Corp.
              • Exhibit 158: Oracle Corp. - Overview
              • Exhibit 159: Oracle Corp. - Business segments
              • Exhibit 160: Oracle Corp. - Key news
              • Exhibit 161: Oracle Corp. - Key offerings
              • Exhibit 162: Oracle Corp. - Segment focus
            • 12.15 Rocket Software Inc.
              • Exhibit 163: Rocket Software Inc. - Overview
              • Exhibit 164: Rocket Software Inc. - Product / Service
              • Exhibit 165: Rocket Software Inc. - Key offerings
            • 12.16 Salesforce.com Inc.
              • Exhibit 166: Salesforce.com Inc. - Overview
              • Exhibit 167: Salesforce.com Inc. - Product / Service
              • Exhibit 168: Salesforce.com Inc. - Key news
              • Exhibit 169: Salesforce.com Inc. - Key offerings
            • 12.17 SAP SE
              • Exhibit 170: SAP SE - Overview
              • Exhibit 171: SAP SE - Business segments
              • Exhibit 172: SAP SE - Key news
              • Exhibit 173: SAP SE - Key offerings
              • Exhibit 174: SAP SE - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 175: Inclusions checklist
                • Exhibit 176: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 177: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 178: Research methodology
                • Exhibit 179: Validation techniques employed for market sizing
                • Exhibit 180: Information sources
              • 13.5 List of abbreviations
                • Exhibit 181: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              insurance software market

              QUICK BUY

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis