Digital Insurance Platform Market by Component (Tools and Services), Service (Managed Service and Professional Service), End User (Insurance Companies, Third Party Administrator & Brokers, and Aggregators), Application (Automotive & Transportation, Home & Commercial Building, Life & Health, Travel, Business & Enterprises, Consumer Electronics & Industrial machine), and Deployment Type (On-Premise and Cloud), and Organization Size (Large Enterprises and Small & Medium Enterprises) Global Opportunity Analysis and Industry Forecast, 2019-2026
| A05229 | Pages: NA | Oct 2020 | 2046 Views | | |
| Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Digital Insurance Platform Market
Request Now !An insurance platform is defined as a group of sites, which provide information of insurance policies and other significant information via application program interface (API) to large set of services, data, capabilities, terms and conditions related to insurance. Digital insurance platform is designed and developed so that the customer is prepared to meet the challenge of emerging technologies, which are rapidly entering the insurance sector.
The consumers can access information of insurance conveniently with the use of digital technology. The insurers can move away from older systems to newer technologies by focusing on the need of distinct consumers such as brokers, or adjuster and serving their needs through digital insurance platforms.
Digital insurance platform helps consumers to access salient information of the insurance. Significant advantages of this platform include elimination of fraudulence and mis-selling of insurance. The major driver of digital insurance platform is rapid increase the number of insurance holders in the market. In addition, rise in usage of digital insurance platform increases the efficiency and cost-effectiveness in the insurance sector.
Furthermore, digital innovation helps meet the demand for a positive experience across all the industrial sectors. To grow digitally, insurers must have digital insurance solutions that facilitate engagement with consumers, perform business analytics for more informed decisions. However, lack of awareness with respect to digital insurance platforms restricts the growth of the market. Conversely, untapped potential of emerging economies is anticipated to provide lucrative growth opportunities to market players in the global digital insurance platform industry in the near future.
The global digital insurance platform market is segmented based on component, service, end user, application, deployment type, organization size, and region. Based on component, the market is bifurcated into tools and services. Based on Service, it is classified into managed service and professional service. Professional service is further divided into consulting, implementing, support, and maintenance. Based on end user, the market is categorized into insurance companies, third party administration and & brokers, and aggregators. Based on application, the market is classified into automotive transportation, home & commercial buildings, life & health, business & enterprises, consumer electronic & industrial machine, and travel. Based on the deployment type, the market is segmented into on-premise and cloud. Based on the organization size, the market is studied across large enterprises and small and medium enterprises. Region wise, tit is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the digital insurance platform market include TCS, Accenture, IBM, DXC.technology, SAP, Oracle Corporation, MICROSOFT CORPORATION, Pegasystems Inc., eBaoTech, Cogitate Technology Solutions. The other players in the value chain analysis (not included in the report) are Cogitate Technology Solution, RGI Group, Prima IT Solutions, and STONERIVIER.
Key Benefits For Stakeholders
- This report provides a detailed quantitative analysis of the current market trends and forecast estimations from 2019 to 2026 which assists to identify the prevailing opportunities.Â
- An in-depth market analysis includes analysis of various regions is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate region-specific plans.
- A comprehensive analysis of the factors that drive and restrain the growth of the global digital insurance platform market is provided.
- Region-wise and country-wise market conditions are comprehensively analyzed in this report.
- The projections in this report are made by analyzing the current market trends and future market potential from 2019 to 2026 in terms of value.
- An extensive analysis of various regions provides insights that are expected to allow companies to strategically plan their business moves.
- Key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which helps in understanding competitive outlook of market.
Key Market Segment
By Component
- ToolsÂ
- Service
By Service
- Managed ServiceÂ
- Professional Service
- Consulting
- ImplementationÂ
- MaintenanceÂ
- Support
By End User
- Insurance CompaniesÂ
- Third Party Administrator & Brokers Â
- AggregatorsÂ
By Application
- Automotive & TransportationÂ
- Home & Commercial Building
- Life & HealthÂ
- Travel
- Business & Enterprises
- Consumer Electronics & Industrial machineÂ
By Deployment Type
- On-Premise
- Cloud
By Organization Size Â
- Large Enterprises
- Small & Medium EnterprisesÂ
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Rest of Europe
- Asia-Pacific
- Australia
- Japan
- India
- China
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
Access from any device, anywhere
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
REQUEST TOC/SAMPLE
Purchase Full Report of
Digital Insurance Platform Market
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.