Brazil Insurance Analytics Market Size & Outlook

The insurance analytics market in Brazil is expected to reach a projected revenue of US$ 631.9 million by 2030. A compound annual growth rate of 15.4% is expected of Brazil insurance analytics market from 2023 to 2030.

Revenue, 2022 (US$M)
$201.0
Forecast, 2030 (US$M)
$631.9
CAGR, 2023 - 2030
15.4%
Report Coverage
Brazil

Brazil insurance analytics market highlights

  • The Brazil insurance analytics market generated a revenue of USD 201.0 million in 2022 and is expected to reach USD 631.9 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 15.4% from 2023 to 2030.
  • In terms of segment, tool was the largest revenue generating component in 2022.
  • Service is the most lucrative component segment registering the fastest growth during the forecast period.

Insurance analytics market data book summary

Market revenue in 2022USD 201.0 million
Market revenue in 2030USD 631.9 million
Growth rate15.4% (CAGR from 2022 to 2030)
Largest segmentTool
Fastest growing segmentService
Historical data2017 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTool, Service
Key market players worldwideThe Carlyle Group Inc, RELX PLC ADR, Microsoft Corp, MicroStrategy Inc Class A, Oracle Corp, Pegasystems Inc, Sapiens International Corp NV, Salesforce Inc, Verisk Analytics Inc

Other key industry trends

  • In terms of revenue, Brazil accounted for 1.9% of the global insurance analytics market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil insurance analytics market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 631.9 million by 2030.

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Insurance Analytics Market Scope

Insurance analytics market segmentation & scope
Tool
Managed Services
Professional Services
Claim Management
Risk Management
Process Optimization
Customer Management & Personalization
Others
On-premise
Cloud
Large Enterprises
Small & Medium Enterprises
Insurance Companies
Government Agencies
Third-party Administrators, Brokers, & Consultancies

Insurance Analytics Market Companies

Name Profile # Employees HQ Website

Brazil insurance analytics market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to insurance analytics market will help companies and investors design strategic landscapes.


Tool was the largest segment with a revenue share of 66.42% in 2022. Horizon Databook has segmented the Brazil insurance analytics market based on tool, service covering the revenue growth of each sub-segment from 2017 to 2030.


  • Brazil Insurance Analytics Component Outlook (Revenue, USD Million, 2017-2030)
    • Tool
    • Service
      • Managed Services
      • Professional Services
  • Brazil Insurance Analytics Application Outlook (Revenue, USD Million, 2017-2030)
    • Claim Management
    • Risk Management
    • Process Optimization
    • Customer Management & Personalization
    • Others
  • Brazil Insurance Analytics Deployment Outlook (Revenue, USD Million, 2017-2030)
    • On-premise
    • Cloud
  • Brazil Insurance Analytics Enterprise Size Outlook (Revenue, USD Million, 2017-2030)
    • Large Enterprises
    • Small & Medium Enterprises
  • Brazil Insurance Analytics End Use Outlook (Revenue, USD Million, 2017-2030)
    • Insurance Companies
    • Government Agencies
    • Third-party Administrators, Brokers, & Consultancies

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Target buyers of Brazil insurance analytics market databook

  • Our clientele includes a mix of insurance analytics market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Brazil insurance analytics market , including forecasts for subscribers. This country databook contains high-level insights into Brazil insurance analytics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Brazil insurance analytics market size, by component, 2017-2030 (US$M)

Brazil Insurance Analytics Market Outlook Share, 2022 & 2030 (US$M)

Brazil insurance analytics market size, by component, 2017-2030 (US$M)

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