India Insurance Analytics Market Size & Outlook, 2022-2030
India insurance analytics market, 2017-2030 (US$M)
Related Markets
India insurance analytics market highlights
- The India insurance analytics market generated a revenue of USD 545.1 million in 2022 and is expected to reach USD 1,881.9 million by 2030.
- The India market is expected to grow at a CAGR of 16.8% 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 2022 | USD 545.1 million |
| Market revenue in 2030 | USD 1,881.9 million |
| Growth rate | 16.8% (CAGR from 2022 to 2030) |
| Largest segment | Tool |
| Fastest growing segment | Service |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tool, Service |
| Key market players worldwide | The 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, India accounted for 5.0% 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 Asia Pacific, China insurance analytics market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,881.9 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 Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India 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 66.91% in 2022. Horizon Databook has segmented the India insurance analytics market based on tool, service covering the revenue growth of each sub-segment from 2017 to 2030.
- India Insurance Analytics Component Outlook (Revenue, USD Million, 2017-2030)
- Tool
- Service
- Managed Services
- Professional Services
- India Insurance Analytics Application Outlook (Revenue, USD Million, 2017-2030)
- Claim Management
- Risk Management
- Process Optimization
- Customer Management & Personalization
- Others
- India Insurance Analytics Deployment Outlook (Revenue, USD Million, 2017-2030)
- On-premise
- Cloud
- India Insurance Analytics Enterprise Size Outlook (Revenue, USD Million, 2017-2030)
- Large Enterprises
- Small & Medium Enterprises
- India Insurance Analytics End Use Outlook (Revenue, USD Million, 2017-2030)
- Insurance Companies
- Government Agencies
- Third-party Administrators, Brokers, & Consultancies
Reasons to subscribe to India 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 India 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 India insurance analytics market , including forecasts for subscribers. This country databook contains high-level insights into India insurance analytics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India insurance analytics market size, by component, 2017-2030 (US$M)
India Insurance Analytics Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
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.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
