Global Insurance Software Market 2016-2020

LONDON, Feb. 15, 2017 /PRNewswire/ --

ABSTRACT
About Insurance Software

The global insurance industry is a potential market for technology providers. The increased expenditure on technology by the insurance sector has moved the focus on productivity and efficiency, and has brought in a wide range of challenges to insurers. The uncertainty in financial markets, changing consumer demands, and digitally savvy new competitors have emerged as new challenges to the insurance companies.

Technavio's analysts forecast the global insurance software market to grow at a CAGR of 4.59% during the period 2016-2020.


Covered in this report
The report covers the present scenario and the growth prospects of the global insurance software market for 2016-2020. To calculate the market size, the report considers the revenue generated by the sales of the insurance software worldwide.


The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Technavio's report, Global Insurance Software Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.


Key vendors
- Microsoft
- Oracle
- Salesforce
- SAP


Other prominent vendors
- Accenture
- Acturis
- Automated Workflow Private Limited (AWPL)
- Buckhill
- Computer Professionals Inc. (CPI)
- Computer Sciences Corporation (CSC)
- Dell
- Ebix
- EIS Group
- Guidewire Software
- Hyland Software
- Insly
- Insurity
- Lexmark International
- MedinyX
- Pegasystems
- Sapiens International Corporation
- SAS
- Solartis
- Transactor
- Vertafore


Market driver
- Increase in client demand and competitive environment.
- For a full, detailed list, view our report


Market challenge
- Adherence to compliance in insurance industry.
- For a full, detailed list, view our report


Market trend
- Emergence of SaaS-based insurance software.
- For a full, detailed list, view our report


Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.



Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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