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Global Digital Insurance Platform Market by Component (Tools, Services) by Deployment Service (Cloud, On-premises) by Insurance Application (Automotive and Transportation, Consumer Electronics and Industrial Machines, Life and Health, Business and Enterprise)– Business Overview, Analysis and Industry Forecast 2017-2023

 Technology

Report Overview

GLOBAL DIGITAL INSURANCE PLATFORM MARKET was valued at USD 84.1 Billion in the year 2017. SAP, Inc. (Germany), International Business Machines Corporation (IBM) (U.S), Accenture (Ireland), Microsoft Corporation (U.S), Cognizant (U.S), Oracle Corporation (U.S), Tata Consultancy Services Limited (India), DXC Technology Company (U.S), Pegasystems, Inc. (U.S), Infosys Limited (India), are some of the key players in the Global Digital Insurance Platform market. Rising research and development expenses cater to changing demand of end users. Similarly, growth strategies such as acquisition, the collaboration of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

Global Digital Insurance Platform market is further estimated to grow at a CAGR of 14.2% from 2018 to reach USD 187 Billion by the year 2023. North America region holds the highest market share in 2017 and Asia-Pacific is considered as the fastest growing market in the forecasted period. At a country level, the U.S is projected to grow strongly in the coming years.

Drivers:

Rising demand for IoT technology

Restraints:

Struggle to Integrate Coverage Platforms with Legacy Systems

Opportunities:

Implementation of Cloud-Based Solutions

Challenges:

Lack of Skilled Employees

The Global Digital Insurance Platform Market is segmented on the basis of the component, deployment services, services, insurance application, and region. The major shares of the market come from automotive and transportation, by technology in Global Digital Insurance Platform Market. On the other hand, professional camera, by application for this market is expected to grow at highest CAGR during the year 2018-2023.

Key Benefits for Stakeholders

Digital Insurance Platform provider and service provider,

Associations and industrial bodies, System integrators,

Cloud Service providers, Research organizations, and consulting companies

By Component

Tools

Services

By Deployment Service

Cloud

On-premises

By Service

Managed Services

Professional Services

By Professional Service

Consulting

Support and Maintenance

Implementation

By Insurance Application

Life and Health

Business and Enterprise

Automotive and Transportation

Consumer Electronics and Industrial Machines

Home and Commercial Buildings

Travel

By Region

North America

Europe

Asia-Pacific

RoW

Key Market Players

SAP, Inc.

International Business Machines Corporation (IBM)

Accenture

Microsoft Corporation

Cognizant

Oracle Corporation

Tata Consultancy Services Limited

DXC Technology Company

Pegasystems, Inc.

Infosys Limited

(A brief overview of 10 companies is also provided in the report.)

Research Methodology:

Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –

  1.      Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
  2.      Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
  3.      To avoid bias, we filter the collected data collected from authenticated sources.
  4.      GMI has a well proven Statistical Modeling System for estimates and forecasts.
  5.      Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
  6.      Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.

Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.

Table Of Content

1. Introduction

1.1 Market Vision

       1.1.1 Market Definition

       1.1.2 Market Scope

1.2 Limitations

1.3 Stakeholders

2. Research Methodology

2.1. Research Process

       2.1.1. Secondary Research

             2.1.1.1. Key Data from Secondary Research

       2.1.2. Primary Research

             2.1.2.1. Key Data from Primary Research

             2.1.2.2. Breakdowns of Primary Interviews

2.2. Market Size Estimation

       2.2.1. Bottoms-Up Approach

       2.2.2. Top-Down Approach

       2.2.3. Annual Revenue Process

2.3. Data Triangulation 

2.4. Research Assumptions 

       2.4.1. Assumption

3. Executive Summary

4. Market Overview

4.1. Introduction

4.2. Drivers

4.3. Restraints

4.4. Opportunities

4.5. Challenges

4.6. Regulations

4.7. Supply Chain/Value Chain Analysis

4.8. Patent & Standards

5. Industry Trends

5.1. Introduction

5.2. Porter’s Five Forces Analysis

       5.2.1. Threat of New Entrants

       5.2.2. Threat of Substitutes

       5.2.3. Bargaining Power of Buyers

       5.2.4. Bargaining Power of Suppliers

       5.2.5. Intensity of Competitive Rivalry

6. Global Digital Insurance Platform Market, By Component  

6.1. Tools

6.2. Services

7. Global Digital Insurance Platform Market, By Deployment Service

7.1. Cloud

7.2. On-premises

8. Global Digital Insurance Platform Market, By Service

8.1. Managed Services

8.2. Professional Services

9. Global Digital Insurance Platform Market, By Professional Service

9.1. Consulting

9.2. Support and Maintenance

9.3. Implementation

10. Global Digital Insurance Platform Market, By Insurance Application

10.1. Life and Health

10.2. Business and Enterprise

10.3. Automotive and Transportation

10.4. Consumer Electronics and Industrial Machines

10.5. Home and Commercial Buildings

10.6. Travel

11. Geographical Analysis

11.1. Introduction

11.2. North America

       11.2.1. U.S.

       11.2.2. Canada

       11.2.3. Mexico

11.3. Europe

       11.3.1. U.K.

       11.3.2. Germany

       11.3.3. France

       11.3.4. RoE

11.4. Asia Pacific

       11.4.1. South Korea

       11.4.2. China

       11.4.3. Japan

       11.4.4. RoAPAC

11.5. RoW

       11.5.1. Latin America

       11.5.2. Middle East and Africa

12. Company Profiles

(Business Overview, Financial Overview, Product write up, Recent Developments)

12.1. SAP, Inc.

12.2. International Business Machines Corporation (IBM)

12.3. Accenture

12.4. Microsoft Corporation

12.5. Cognizant

12.6. Oracle Corporation

12.7. Tata Consultancy Services Limited

12.8. DXC Technology Company

12.9. Pegasystems, Inc.

12.10. Infosys Limited

(A brief overview of 10 companies is also provided in the report.)

13. Competitive Analysis

13.1. Introduction

13.2. Market Positioning of Key Players

13.3 Competitive Strategies Adopted by Leading Players

        13.3.1. Investments & Expansions

        13.3.2. New Product Launches

        13.3.3. Mergers & Acquisitions        

        13.3.4. Agreements, Joint Ventures, and Partnerships

14. Appendix

14.1. Questionnaire

14.2. Available Customizations 

14.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)

Summary

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