Europe Insurance Analytics Market Size & Outlook

The insurance analytics market in Europe is expected to reach a projected revenue of US$ 7,895.7 million by 2030. A compound annual growth rate of 13.6% is expected of Europe insurance analytics market from 2023 to 2030.
Revenue, 2022 (US$M)
$2,841.5
Forecast, 2030 (US$M)
$7,895.7
CAGR, 2023 - 2030
13.6%
Report Coverage
Europe

Europe insurance analytics market highlights

  • The Europe insurance analytics market generated a revenue of USD 2,841.5 million in 2022.
  • The market is expected to grow at a CAGR of 13.6% 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.
  • Country-wise, UK is expected to register the highest CAGR from 2023 to 2030.

Europe data book summary

Market revenue in 2022USD 2,841.5 million
Market revenue in 2030USD 7,895.7 million
Growth rate13.6% (CAGR from 2022 to 2030)
Largest segmentTool
Fastest growing segmentService
Historical data covered2017 - 2021
Base year for estimation2022
Forecast period covered2023 - 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, Europe region accounted for 26.3% of the global insurance analytics market in 2022.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 7,789.2 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

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

Europe 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 67.26% in 2022. Horizon Databook has segmented the Europe insurance analytics market based on tool, service covering the revenue growth of each sub-segment from 2017 to 2030.


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

Reasons to subscribe to Europe insurance analytics market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Europe 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 continent-level data and insights on the Europe insurance analytics market , including forecasts for subscribers. This continent databook contains high-level insights into Europe insurance analytics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Europe insurance analytics market size, by country, 2017-2030 (US$M)

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

Europe insurance analytics market size, by country, 2017-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more