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BANGALORE, India, May 4, 2021 /PRNewswire/
Insurance Analytics Market by Component (Solution and Service), Deployment Type (On-Premises and Cloud), Enterprise Size (Large Enterprises and Small & Medium Enterprises (SMEs)), Application (Claims Management, Risk Management, Customer Management, Sales & Marketing, and Others), End User (Insurance Companies, Government Agencies, and Third-party Administrators, Brokers & Consultancies). This report is published on
Valuates Reports in the
Software Utilities Category.
The global Insurance Analytics Market size was valued at USD 7.91 billion in 2019 and is projected to reach USD 22.45 billion by 2027, growing at a CAGR of 14.2% from 2020 to 2027.
The major factor driving the insurance analytics market are:
The surge in requirement & implementation of advanced technologies to identify new business insights/trends to unlock new value-added services to customers and reduce operational cost.
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