The Insurance Analytics Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Insurance Analytics Market?
The market size of the insurance analytics sector has experienced rapid expansion in recent years. It is projected to increase from $14.71 billion in 2024 to $16.74 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 13.8%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Insurance Analytics Industry?
The Insurance Analytics Global Market is projected to reach a market size of $32.92 billion by 2029, growing at a compound annual growth rate (CAGR) of 18.4%.
Download Your Free Sample of the 2025 Insurance Analytics Market Report and Uncover Key Trends Now!
What are the Key Growth Drivers Fueling the Insurance Analytics Market?
The key drivers in the insurance analytics market are:
• Adoption of advanced predictive modeling techniques in the insurance sector
• Expansion of usage-based insurance models
• Growing emphasis on customer experience analytics within insurance
• Rising focus on cybersecurity and risk management analytics in the industry
Global Market Segmentation: Identifying Major Insurance Analytics Industry Segments
The insurance analytics market covered in this report is segmented –
1) By Component: Solution, Service
2) By Deployment Model: On premises, Cloud
3) By Enterprise Size: Large Enterprises, Small And Medium Enterprises (SMEs)
Pre-order the 2025 Insurance Analytics Global Market Report for Fast Delivery & Comprehensive Insights!
What are the Emerging Trends Shaping the Future of the Insurance Analytics Market?
The key trends in the waterproof adhesives and sealants market are:
• Adoption of advanced predictive modeling techniques is influencing the future of insurance analytics.
• There is a growing emphasis on customer experience analytics and cybersecurity risk management.
• Integration of artificial intelligence in analytics is a significant emerging trend.
• Real-time analytics for claims processing, and the use of technology such as telematics, IoT and blockchain are shaping the future of the sector.
Who Are the Top Competitors & Leading Players in the Insurance Analytics Market?
Major companies in the insurance analytics market are:
• Applied Systems Inc.
• Microsoft Corporation
• Open Text Corporation
• Oracle Corporation
• Pegasystems Inc.
• Verisk Analytics Inc.
• SAS Institute Inc.
• International Business Machines Corporation (IBM)
• Guidewide LLC
• Sapiens International Corporation N. V.
• Duck Creek Technologies LLC
• LexisNexis Risk Solutions Group Holdings Pty Ltd
• Munich Reinsurance America Inc.
• Fair Isaac Corporation (FICO)
• Insurity Inc.
• Xactware Solutions Inc.
• Salesforce. com Inc.
• Cognizant Technology Solutions Corporation
• Milliman Inc.
• Symbility Solutions Inc.
• RiskMatch LLC
• Tiger Analytics Inc.
• WNS Global Services Inc.
• SAP SE
• Octo Telematics Ltd.
• EagleEye Analytics LLC
• Metromile Inc.
• Slice Labs Inc.
• Zesty. ai
Regional Dominance: Which Area Leads the Global Insurance Analytics Market?
North America was the largest region in the insurance analytics market in 2024
