India Insurance Analytics Market Size & Outlook, 2025-2030
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India insurance analytics market highlights
- The India insurance analytics market generated a revenue of USD 633.4 million in 2024 and is expected to reach USD 1,648.2 million by 2030.
- The India market is expected to grow at a CAGR of 17.4% from 2025 to 2030.
- In terms of segment, tool was the largest revenue generating component in 2024.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
Insurance analytics market data book summary
| Market revenue in 2024 | USD 633.4 million |
| Market revenue in 2030 | USD 1,648.2 million |
| Growth rate | 17.4% (CAGR from 2025 to 2030) |
| Largest segment | Tool |
| Fastest growing segment | Service |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 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 4.6% of the global insurance analytics market in 2024.
- 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 1,648.2 million by 2030.
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Insurance Analytics Market Scope
Insurance Analytics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sapiens International Corp NV | View profile | 5000 | 26 Harokmim Street, Azrieli Center, Holon, Israel, 5885800 | https://www.sapiens.com |
| Verisk Analytics Inc | View profile | 7500 | 545 Washington Boulevard, Jersey City, NJ, United States, 07310-1686 | https://www.verisk.com |
| The Carlyle Group Inc | View profile | 2200 | 1001 Pennsylvania Avenue, NW, Washington, DC, United States, 20004-2505 | https://www.carlyle.com |
| MicroStrategy Inc Class A | View profile | 1851 | 1850 Towers Crescent Plaza, Tysons Corner, VA, United States, 22182 | https://www.microstrategy.com |
| Salesforce Inc | View profile | 72682 | 415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, United States, 94105 | https://www.salesforce.com |
| Pegasystems Inc | View profile | 5406 | One Main Street, Cambridge, MA, United States, 02142 | https://www.pega.com |
| RELX PLC ADR | View profile | 36500 | 1-3 Strand, London, United Kingdom, WC2N 5JR | https://www.relx.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
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 77.06% in 2024. Horizon Databook has segmented the India insurance analytics market based on tool, service covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of India insurance analytics market databook
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Our clientele includes a mix of insurance analytics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India insurance analytics market size, by component, 2018-2030 (US$M)
India Insurance Analytics Market Outlook Share, 2024 & 2030 (US$M)
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