New York, June 07, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Insurance Software Market 2021-2025" - https://www.reportlinker.com/p04539078/?utm_source=GNW
Our report on the insurance software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increased use of insurance in emergent countries and increasing government regulations on mandatory insurance coverages in developing countries. In addition, increased use of insurance in emergent countries is anticipated to boost the growth of the market as well.
The insurance software market analysis includes the deployment segment and geographic landscape.
The insurance software market is segmented as below:
By Deployment
• On-premise
• Cloud-based
By Geography
• North America
• APAC
• Europe
• MEA
• South America
This study identifies the uncertain catastrophic events leading to an increased need for insurance as one of the prime reasons driving the insurance software market growth during the next few years.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on insurance software market covers the following areas:
• Insurance software market sizing
• Insurance software market forecast
• Insurance software market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading insurance software market vendors that include Accenture Plc, Applied Systems Inc., Axxis Systems SA, Dell Technologies Inc., Guidewire Software Inc., International Business Machines Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., and SAP SE. Also, the insurance software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p04539078/?utm_source=GNW
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The Global Insurance Software Market is expected to grow by USD 7.29 billion during 2021-2025, progressing at a CAGR of about 8% during the forecast period
Global Insurance Software Market 2021-2025 The analyst has been monitoring the insurance software market and it is poised to grow by USD 7. 29 billion during 2021-2025, progressing at a CAGR of about 8% during the forecast period.
| Source: ReportLinker