NEW YORK, June 23, 2021 /PRNewswire/ -- Technavio 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. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Accenture Plc, Applied Systems Inc., Axxis Systems SA, Dell Technologies Inc., Guidewire Software Inc., Microsoft Corp., International Business Machines Corp., Oracle Corp., Salesforce.com Inc., and SAP SE are some of the major market participants. Although the increased use of insurance in emergent countries will offer immense growth opportunities, tightening the regulatory environment for insurance players is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this insurance software market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
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Insurance Software Market 2021-2025: Segmentation
The insurance Software Market is segmented as below:
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Insurance Software Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The insurance software market report covers the following areas:
This study identifies uncertain catastrophic events leading to the increased need for insurance as one of the prime reasons driving the Insurance Software Market growth during the next few years.
Insurance Software Market 2021-2025: Key Highlights
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Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Deployment
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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Report Page: https://www.technavio.com/report/insurance-software-market-industry-analysis
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