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Digital Insurance Platform Market – Global Industry Analysis and Forecast (2017-2026) – by Component, Deployment Type, Organization Size, Application, and Geography

Market Scenario

Digital Insurance Platform Market is expected to propel US$ XX Bn by 2026 with a CAGR of XX% in the forecasting period 2018-2026. is expected to propel US$ XX Bn by 2026 with a CAGR of XX% in the forecasting period 2018-2026. The digital insurance platform enables stakeholders of the insurance industry to join through a lone centralized framework for resolving multiple issues in the emerging high-value ecosystems. The platform acts as a support system for insurers to change from the traditional business developments toward the digital mode of connection, making the insurance ecosystem more customer-centric. It usually helps insurers in upgrading their operations with built-in end on functionalities. Gen Z is gradually intensifying the shift of various industries towards digital transformation. This is one of the main factor to have helped fuel the rise of the Digital Insurance Platform Market. Another factor fuelling market shift towards digital platform is the rapid emergence of new technologies such as wearables and advanced medical devices, redefining the insurance market into one complete focused lifestyle and longevity, other than illness and death. The life insurance market has long being serviced primarily by only the independent agents offering manifold lines, lagging basic training and inexperienced as well making it another major driver for the growth of the market. However, it is the security related to the digitization that is posing as a major restraint for the market growth. The automotive and transportation segment has been a major market for digital insurance platforms in terms of application areas. Technologies like artificial intelligence and telematics has help insurance companies to streamline the business operations along with deploying newer channels of insurance distribution. The digital insurance platform allow customers to search anywhere online for quotation, compare insurance policies, and get a suitable coverage in no time. The rise in number of accidents has been another crucial factor to boost the digital insurance platform in automotive and transportation application segment. Digital Insurance Platform Market The Digital Insurance Platform Market is segmented globally on the basis of component, deployment type, organization size, application, and region. The digital insurance platform component are divided into tools and services where the services is again segmented into managed services and professional services, comprising of consulting, implementation, as well as support & maintenance. By geography, the Digital Insurance Platform Market can be segmented into North America, Europe, Asia Pacific, Middle East, and Latin America. North America is expected to account for one the largest market share and dominated the digital insurance platform market from 2018 to 2026. The technological advancement along with rise in customer centric insurance operations are certain key factors that has boosted theDigital Insurance Platform Market. The key players of Digital Insurance Platform Market include Accenture (US), Infosys (India), IBM (US), Oracle (US), TCS (India), and Microsoft (US).

Digital Insurance Platform Market-Market scope:-

Digital Insurance Platform Market, By Component

• Tools • Services o Professional o Managed

Digital Insurance Platform Market, By Deployment Type

• Cloud • On-premises

Digital Insurance Platform Market, By Organization Size

• Large Enterprise • SMEs

Digital Insurance Platform Market, By Application

• Automotive and Transportation • Healthcare & Life science • Construction • Consumer Electronics • Enterprise • Industrial Machines • Others

Digital Insurance Platform Market, By Geography

• North America • Europe • Asia-Pacific • Middle East & Africa • Latin America

Key Players operating in the Digital Insurance Platform Market

• Accenture • TCS • IBM • DXC Technology • Mindtree • Prima Solutions • Oracle • Microsoft • SAP • Cogitate Technology Solutions • Cognizant • Inzura • Pegasystems • Fineos • Duck Creek • RGI Group • Infosys • Bolt Solutions • EIS Group • StoneRiver • Vertafore Maximize Market Research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the current Digital Insurance Platform Marketoutlook. Report encompasses the Digital Insurance Platform Market by different segments and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Digital Insurance Platform Market. The driving forces as well as considerable restraints have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Digital Insurance Platform Marketpositioning of competitors. Europe IoT in Retail Market

Table of Contents

TABLE OF CONTENTS 1. INTRODUCTION 1.1. Market description & Scope (2016-2024) 1.2. Objectives 1.2.1. Key Takeaways 1.2.2. Abbreviations & Acronyms 2. RESEARCH METHODOLOGY 2.1. Methods used for market forecasting 2.2. Data Sources 2.2.1. Paid Databases 2.2.2. Primary Sources 2.2.3. Secondary Sources 3. EXECUTIVE SUMMARY 3.1. Major Findings 3.1.1. Key Segment Trends 3.1.1.1. Component 3.1.1.2. Deployment Type 3.1.1.3. Organization Size 3.1.1.4. Application 3.1.2. Key Regional Trends 3.2. Key Companies and their Strategies 4. MARKET OVERVIEW 4.1. Digital Insurance Platform Concept & Definition 4.2. Segments Overview 4.2.1. By Component 4.2.1.1. Tools 4.2.1.2. Services 4.2.1.2.1. Professional 4.2.1.2.2. Managed 4.2.2. By Deployment Type 4.2.2.1. Cloud 4.2.2.2. On-premises 4.2.3. By Organization Size 4.2.3.1. Large Enterprise 4.2.3.2. SMEs 4.2.4. By Application 4.2.4.1. Automotive and Transportation 4.2.4.2. Healthcare & Life science 4.2.4.3. Construction 4.2.4.4. Consumer Electronics 4.2.4.5. Enterprise 4.2.4.6. Food & Beverage 4.2.4.7. Industrial Machines 4.2.4.8. Others 4.3. Market Dynamics 4.3.1. Drivers 4.3.2. Restraints 4.3.3. Opportunities 4.4. Porter’s Analysis 4.5. PESTLE Analysis 4.6. Fragmentation 4.6.1. Key strategic Alliances of companies (inorganic & organic) 4.6.2. Company Market Share (Top 10 Players) 4.6.3. Comparative Analysis of Key players in Digital Insurance Platform 4.7. Key Trends 5. GLOBAL DIGITAL INSURANCE PLATFORM COMPONENT ESTIMATES & TREND ANALYSIS (2016 – 2024) 5.1. Global Digital Insurance Platform Market: Component Analysis 5.1.1. Tools 5.1.1.1. Market Share and growth forecasts, 2016 – 2024 (USD Billion) 5.1.2. Services 5.1.2.1. Market Share and growth forecasts, 2016 – 2024 (USD Billion) 5.2. Global Digital Insurance Platform Market: Component Trends 6. GLOBAL DIGITAL INSURANCE PLATFORM DEPLOYMENT TYPE ESTIMATES & TREND ANALYSIS (2016 – 2024) 6.1. Global Digital Insurance Platform Market: Deployment Type Analysis 6.1.1. Cloud 6.1.1.1. Market Share and growth forecasts,2016 – 2024 (USD Billion) 6.1.2. On-premises 6.1.2.1. Market Share and growth forecasts, 2016 – 2024 (USD Billion) 6.2. Global Digital Insurance Platform Market: Deployment Type Trends 7. GLOBAL DIGITAL INSURANCE PLATFORM ORGANIZATION SIZE ESTIMATES & TREND ANALYSIS (2016 – 2024) 7.1. Global Digital Insurance Platform Market: Organization Size Analysis 7.1.1. Large Enterprise 7.1.1.1. Market Share and growth forecasts,2016 – 2024 (USD Billion) 7.1.2. SMEs 7.1.2.1. Market Share and growth forecasts, 2016 – 2024 (USD Billion) 7.2. Global Digital Insurance Platform Market: Organization Size Trends 8. GLOBAL DIGITAL INSURANCE PLATFORM APPLICATION ESTIMATES & TREND ANALYSIS (2016 – 2024) 8.1. Global Digital Insurance Platform Market: Application Analysis 8.1.1. Automotive and Transportation 8.1.1.1. Market Share and growth forecasts,2016 – 2024 (USD Billion) 8.1.2. Healthcare & Life science 8.1.2.1. Market Share and growth forecasts, 2016 – 2024 (USD Billion) 8.1.3. Construction 8.1.3.1. Market Share and growth forecasts, 2016 – 2024 (USD Billion) 8.1.4. Consumer Electronics 8.1.4.1. Market Share and growth forecasts,2016 – 2024 (USD Billion) 8.1.5. Enterprise 8.1.5.1. Market Share and growth forecasts, 2016 – 2024 (USD Billion) 8.1.6. Industrial Machines 8.1.6.1. Market Share and growth forecasts,2016 – 2024 (USD Billion) 8.1.7. Others 8.1.7.1. Market Share and growth forecasts, 2016 – 2024 (USD Billion) 8.2. Global Digital Insurance Platform Market: Application Trends 9. REGIONAL ESTIMATES & TREND ANALYSIS (2016 – 2024) 9.1. North America Digital Insurance Platform market share by Region, 2016 & 2025 9.2. North America 9.2.1. North America Digital Insurance Platform market, Market Share and growth forecasts, 2016 – 2024 (USD Billion) 9.2.2. Digital Insurance Platform Drivers for North America Market 9.2.3. Market Share Analysis and Growth Forecast, by Country 9.2.3.1. US 9.2.3.2. Canada 9.2.4. Country-wise GDP Growth Forecast 9.2.5. Digital Insurance Platform Trends In North America Market 9.3. Europe 9.3.1. Europe Digital Insurance Platform market, Market Share and growth forecasts, 2016 – 2024 (USD Billion) 9.3.2. Digital Insurance Platform Drivers For Europe Market 9.3.3. Market Share Analysis and Growth Forecast, by Country 9.3.3.1. UK 9.3.3.2. Germany 9.3.3.3. France 9.3.3.4. Russia 9.3.3.5. Spain 9.3.3.6. Italy 9.3.3.7. Others 9.3.4. Country-wise GDP Growth Forecast 9.3.5. Digital Insurance Platform Trends In Europe Market 9.4. Asia Pacific 9.4.1. Asia Pacific Digital Insurance Platform market, Market Share and growth forecasts, 2016 – 2024 (USD Billion) 9.4.2. Digital Insurance Platform Drivers for Asia Pacific Market 9.4.3. Market Share Analysis and Growth Forecast, by Country 9.4.3.1. China 9.4.3.2. Japan 9.4.3.3. India 9.4.3.4. South Korea 9.4.3.5. Australia 9.4.3.6. Others 9.4.4. Country-wise GDP Growth Forecast 9.4.5. Digital Insurance Platform Trends In Asia Pacific Market 9.5. Middle-east and Africa 9.5.1. Middle-east and Africa Digital Insurance Platform market, Market Share and growth forecasts, 2016 – 2024 (USD Billion) 9.5.2. Digital Insurance Platform Drivers for Middle-east and Africa Market 9.5.3. Market Share Analysis and Growth Forecast, by Country 9.5.3.1. GCC Countries 9.5.3.2. Saudi Arabia 9.5.3.3. Others 9.5.4. Digital Insurance Platform Trends In Middle-east and Africa Market 9.6. Latin America 9.6.1. Latin America Digital Insurance Platform market, Market Share and growth forecasts, 2016 – 2024 (USD Billion) 9.6.2. Digital Insurance Platform Drivers for Latin America Market 9.6.3. Market Share Analysis and Growth Forecast, by Country 9.6.3.1. Brazil 9.6.3.2. Mexico 9.6.3.3. Others 9.6.4. Digital Insurance Platform Trends In Latin America Market 10. MARKET COMPETITION ANALYSIS 10.1. Strategy Framework 10.2. Consolidation 10.2.1. Patent Analysis 10.2.2. Mergers & Acquisitions 10.2.2.1. Product Based 10.2.2.2. Services Based 10.2.2.3. Region Based 10.2.2.4. List of Mergers & Acquisitions 10.2.3. Company Benchmarking (Revenue & Profit Based) 10.2.4. Strategic Assessment of Company Consolidations 10.2.5. Emerging Business Types 10.3. Company Profiles 10.3.1. Accenture 10.3.1.1. Company overview 10.3.1.2. Key financials 10.3.1.3. Geographical presence 10.3.1.4. Product and Business Segments 10.3.1.5. Strategic initiatives 10.3.1.6. SWOT analysis 10.3.1.7. Competitive positioning and landscape 10.3.2. TCS 10.3.2.1. Company overview 10.3.2.2. Key financials 10.3.2.3. Geographical presence 10.3.2.4. Product and Business Segments 10.3.2.5. Strategic initiatives 10.3.2.6. SWOT analysis 10.3.2.7. Competitive positioning and landscape 10.3.3. IBM 10.3.3.1. Company overview 10.3.3.2. Key financials 10.3.3.3. Geographical presence 10.3.3.4. Product and Business Segments 10.3.3.5. Strategic initiatives 10.3.3.6. SWOT analysis 10.3.3.7. Competitive positioning and landscape 10.3.4. DXC Technology 10.3.4.1. Company overview 10.3.4.2. Key financials 10.3.4.3. Geographical presence 10.3.4.4. Product and Business Segments 10.3.4.5. Strategic initiatives 10.3.4.6. SWOT analysis 10.3.4.7. Competitive positioning and landscape 10.3.5. Mindtree 10.3.5.1. Company overview 10.3.5.2. Key financials 10.3.5.3. Geographical presence 10.3.5.4. Product and Business Segments 10.3.5.5. Strategic initiatives 10.3.5.6. SWOT analysis 10.3.5.7. Competitive positioning and landscape 10.3.6. Prima Solutions 10.3.6.1. Company overview 10.3.6.2. Key financials 10.3.6.3. Geographical presence 10.3.6.4. Product and Business Segments 10.3.6.5. Strategic initiatives 10.3.6.6. SWOT analysis 10.3.6.7. Competitive positioning and landscape 10.3.7. Oracle 10.3.7.1. Company overview 10.3.7.2. Key financials 10.3.7.3. Geographical presence 10.3.7.4. Product and Business Segments 10.3.7.5. Strategic initiatives 10.3.7.6. SWOT analysis 10.3.7.7. Competitive positioning and landscape 10.3.8. Microsoft 10.3.8.1. Company overview 10.3.8.2. Key financials 10.3.8.3. Geographical presence 10.3.8.4. Product and Business Segments 10.3.8.5. Strategic initiatives 10.3.8.6. SWOT analysis 10.3.8.7. Competitive positioning and landscape 10.3.9. SAP 10.3.9.1. Company overview 10.3.9.2. Key financials 10.3.9.3. Geographical presence 10.3.9.4. Product and Business Segments 10.3.9.5. Strategic initiatives 10.3.9.6. SWOT analysis 10.3.9.7. Competitive positioning and landscape 10.3.10. Cogitate Technology Solutions 10.3.10.1. Company overview 10.3.10.2. Key financials 10.3.10.3. Geographical presence 10.3.10.4. Product and Business Segments 10.3.10.5. Strategic initiatives 10.3.10.6. SWOT analysis 10.3.10.7. Competitive positioning and landscape 10.3.11. Cognizant 10.3.11.1. Company overview 10.3.11.2. Key financials 10.3.11.3. Geographical presence 10.3.11.4. Product and Business Segments 10.3.11.5. Strategic initiatives 10.3.11.6. SWOT analysis 10.3.11.7. Competitive positioning and landscape 10.3.12. Inzura 10.3.12.1. Company overview 10.3.12.2. Key financials 10.3.12.3. Geographical presence 10.3.12.4. Product and Business Segments 10.3.12.5. Strategic initiatives 10.3.12.6. SWOT analysis 10.3.12.7. Competitive positioning and landscape 10.3.13. Pegasystems 10.3.13.1. Company overview 10.3.13.2. Key financials 10.3.13.3. Geographical presence 10.3.13.4. Product and Business Segments 10.3.13.5. Strategic initiatives 10.3.13.6. SWOT analysis 10.3.13.7. Competitive positioning and landscape 10.3.14. Fineos 10.3.14.1. Company overview 10.3.14.2. Key financials 10.3.14.3. Geographical presence 10.3.14.4. Product and Business Segments 10.3.14.5. Strategic initiatives 10.3.14.6. SWOT analysis 10.3.14.7. Competitive positioning and landscape 10.3.15. Duck Creek 10.3.15.1. Company overview 10.3.15.2. Key financials 10.3.15.3. Geographical presence 10.3.15.4. Product and Business Segments 10.3.15.5. Strategic initiatives 10.3.15.6. SWOT analysis 10.3.15.7. Competitive positioning and landscape 10.3.16. RGI Group 10.3.16.1. Company overview 10.3.16.2. Key financials 10.3.16.3. Geographical presence 10.3.16.4. Product and Business Segments 10.3.16.5. Strategic initiatives 10.3.16.6. SWOT analysis 10.3.16.7. Competitive positioning and landscape 10.3.17. Infosys 10.3.17.1. Company overview 10.3.17.2. Key financials 10.3.17.3. Geographical presence 10.3.17.4. Product and Business Segments 10.3.17.5. Strategic initiatives 10.3.17.6. SWOT analysis 10.3.17.7. Competitive positioning and landscape 10.3.18. Bolt Solutions 10.3.18.1. Company overview 10.3.18.2. Key financials 10.3.18.3. Geographical presence 10.3.18.4. Product and Business Segments 10.3.18.5. Strategic initiatives 10.3.18.6. SWOT analysis 10.3.18.7. Competitive positioning and landscape 10.3.19. EIS Group 10.3.19.1. Company overview 10.3.19.2. Key financials 10.3.19.3. Geographical presence 10.3.19.4. Product and Business Segments 10.3.19.5. Strategic initiatives 10.3.19.6. SWOT analysis 10.3.19.7. Competitive positioning and landscape 10.3.20. StoneRiver 10.3.20.1. Company overview 10.3.20.2. Key financials 10.3.20.3. Geographical presence 10.3.20.4. Product and Business Segments 10.3.20.5. Strategic initiatives 10.3.20.6. SWOT analysis 10.3.20.7. Competitive positioning and landscape 10.3.21. Vertafore 10.3.21.1. Company overview 10.3.21.2. Key financials 10.3.21.3. Geographical presence 10.3.21.4. Product and Business Segments 10.3.21.5. Strategic initiatives 10.3.21.6. SWOT analysis 10.3.21.7. Competitive positioning and landscape

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Report ID11893
Category Information Technology & Telecommunication
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