Insurance Software Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War

Insurance Software Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War


The global insurance software market is expected to grow at a CAGR of around 6.4% during 2024-2033. This report on global insurance software market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global insurance software market by segmenting the market based on type, deployment mode, end users and region. Also, detailed profiles of companies operating in the insurance software market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

• Adoption of Sensor-based Wearables
• Increasing Adoption of Insurance

Market Challenges

• Evolving Skill Requirements

Historical & Forecast Period

Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033

Market by Type

• Life Insurance
• Accident and Health Insurance
• Property and Casualty Insurance
• Other Types

Market by Deployment Mode

• Cloud-based
• On-premises

Market by End Users

• Brokers
• Agencies
• Insurance Companies

Market by Region

• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa


1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
3. Global Insurance Software Market
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. Global Insurance Software Market Analysis
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
4.5. Impact of Russia-Ukraine War
5. Global Insurance Software Market by Type
5.1. Introduction
5.2. Life Insurance
5.3. Accident and Health Insurance
5.4. Property and Casualty Insurance
5.5. Other Types
6. Global Insurance Software Market by Deployment Mode
6.1. Introduction
6.2. Cloud-based
6.3. On-premises
7. Global Insurance Software Market by End Users
7.1. Introduction
7.2. Brokers
7.3. Agencies
7.4. Insurance Companies
8. Global Insurance Software Market by Region
8.1. Introduction
8.2. Europe
8.2.1. Germany
8.2.2. United Kingdom
8.2.3. France
8.2.4. Italy
8.2.5. Spain
8.2.6. Russia
8.2.7. Netherlands
8.2.8. Rest of the Europe
8.3. North America
8.3.1. United States
8.3.2. Canada
8.4. Asia Pacific
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. South Korea
8.4.5. Australia
8.4.6. Indonesia
8.4.7. Rest of the Asia Pacific
8.5. Latin America
8.5.1. Mexico
8.5.2. Brazil
8.5.3. Argentina
8.5.4. Rest of Latin America
8.6. Middle East & Africa
8.6.1. Saudi Arabia
8.6.2. Turkey
8.6.3. Iran
8.6.4. United Arab Emirates
8.6.5. Rest of Middle East & Africa
9. SWOT Analysis
10. Porter’s Five Forces
11. Market Value Chain Analysis
12. Competitive Landscape
12.1. Competitive Scenario
12.2. Company Profiles
12.2.1. Accenture Plc
12.2.2. Acturis Group
12.2.3. Applied Systems Inc.
12.2.4. Aptitude Software Group Plc
12.2.5. Dell Technologies Inc.
12.2.6. Ebix Inc.
12.2.7. Enlyte
12.2.8. Guidewire Software Inc.
12.2.9. Hyland Software Inc.
12.2.10. International Business Machines Corp.
12.2.11. Jenesis Software
12.2.12. Microsoft Corp.
12.2.13. Nest Innovative Solutions Pvt. Ltd.
12.2.14. Oracle Corp.
12.2.15. Rocket Software Inc.
List of Figures
Figure 1: Global Insurance Software Market (in US$ Million), 2019-2023
Figure 2: Global Insurance Software Market by Type, 2023
Figure 3: Global Insurance Software Market by Deployment Mode, 2023
Figure 4: Global Insurance Software Market by End Users, 2023
Figure 5: Global Insurance Software Market by Region, 2023
Figure 6: Global Insurance Software Market (in US$ Million), 2024-2033
Figure 7: Global Insurance Software Market by Type (in %), 2023 & 2033
Figure 8: Global Life Insurance Software Market (in US$ Million), 2019-2023
Figure 9: Global Life Insurance Software Market (in US$ Million), 2024-2033
Figure 10: Global Accident and Health Insurance Software Market (in US$ Million), 2019-2023
Figure 11: Global Accident and Health Insurance Software Market (in US$ Million), 2024-2033
Figure 12: Global Property and Casualty Insurance Software Market (in US$ Million), 2019-2023
Figure 13: Global Property and Casualty Insurance Software Market (in US$ Million), 2024-2033
Figure 14: Global Other Types Insurance Software Market (in US$ Million), 2019-2023
Figure 15: Global Other Types Insurance Software Market (in US$ Million), 2024-2033
Figure 16: Global Insurance Software Market by Deployment Model (in %), 2023 & 2033
Figure 17: Global Cloud-based Insurance Software Market (in US$ Million), 2019-2023
Figure 18: Global Cloud-based Insurance Software Market (in US$ Million), 2024-2033
Figure 19: Global On-premises Insurance Software Market (in US$ Million), 2019-2023
Figure 20: Global On-premises Insurance Software Market (in US$ Million), 2024-2033
Figure 21: Global Insurance Software Market by End Users (in %), 2023 & 2033
Figure 22: Global Brokers Insurance Software Market (in US$ Million), 2019-2023
Figure 23: Global Brokers Insurance Software Market (in US$ Million), 2024-2033
Figure 24: Global Agencies Insurance Software Market (in US$ Million), 2019-2023
Figure 25: Global Agencies Insurance Software Market (in US$ Million), 2024-2033
Figure 26: Global Insurance Companies Insurance Software Market (in US$ Million), 2019-2023
Figure 27: Global Insurance Companies Insurance Software Market (in US$ Million), 2024-2033
Figure 28: Global Insurance Software Market by Region (in %), 2023 & 2033
Figure 29: Europe Insurance Software Market (in US$ Million), 2019-2023
Figure 30: Europe Insurance Software Market (in US$ Million), 2024-2033
Figure 31: Europe Insurance Software Market by Country (in %), 2023 & 2033
Figure 32: Germany Insurance Software Market (in US$ Million), 2019-2033
Figure 33: United Kingdom Insurance Software Market (in US$ Million), 2019-2033
Figure 34: France Insurance Software Market (in US$ Million), 2019-2033
Figure 35: Italy Insurance Software Market (in US$ Million), 2019-2033
Figure 36: Spain Insurance Software Market (in US$ Million), 2019-2033
Figure 37: Russia Insurance Software Market (in US$ Million), 2019-2033
Figure 38: Netherlands Insurance Software Market (in US$ Million), 2019-2033
Figure 39: North America Insurance Software Market (in US$ Million), 2019-2023
Figure 40: North America Insurance Software Market (in US$ Million), 2024-2033
Figure 41: North America Insurance Software Market by Country (in %), 2023 & 2033
Figure 42: United States Insurance Software Market (in US$ Million), 2019-2033
Figure 43: Canada Insurance Software Market (in US$ Million), 2019-2033
Figure 44: Asia Pacific Insurance Software Market (in US$ Million), 2019-2023
Figure 45: Asia Pacific Insurance Software Market (in US$ Million), 2024-2033
Figure 46: Asia Pacific Insurance Software Market by Country (in %), 2023 & 2033
Figure 47: China Insurance Software Market (in US$ Million), 2019-2033
Figure 48: Japan Insurance Software Market (in US$ Million), 2019-2033
Figure 49: India Insurance Software Market (in US$ Million), 2019-2033
Figure 50: South Korea Insurance Software Market (in US$ Million), 2019-2033
Figure 51: Australia Insurance Software Market (in US$ Million), 2019-2033
Figure 52: Indonesia Insurance Software Market (in US$ Million), 2019-2033
Figure 53: Latin America Insurance Software Market (in US$ Million), 2019-2023
Figure 54: Latin America Insurance Software Market (in US$ Million), 2024-2033
Figure 55: Latin America Insurance Software Market by Country (in %), 2023 & 2033
Figure 56: Mexico Insurance Software Market (in US$ Million), 2019-2033
Figure 57: Brazil Insurance Software Market (in US$ Million), 2019-2033
Figure 58: Argentina Insurance Software Market (in US$ Million), 2019-2033
Figure 59: Middle East & Africa Insurance Software Market (in US$ Million), 2019-2023
Figure 60: Middle East & Africa Insurance Software Market (in US$ Million), 2024-2033
Figure 61: Middle East & Africa Insurance Software Market by Country (in %), 2023 & 2033
Figure 62: Saudi Arabia Insurance Software Market (in US$ Million), 2019-2033
Figure 63: Turkey Insurance Software Market (in US$ Million), 2019-2033
Figure 64: Iran Insurance Software Market (in US$ Million), 2019-2033
Figure 65: UAE Insurance Software Market (in US$ Million), 2019-2033
Figure 66: Market Value Chain
List of Tables
Table 1: Global Insurance Software Market Portraiture
Table 2: Global Insurance Software Market by Type (in US$ Million), 2023 & 2033
Table 3: Global Insurance Software Market by Deployment Model (in US$ Million), 2023 & 2033
Table 4: Global Insurance Software Market End Users (in US$ Million), 2023 & 2033
Table 5: Global Insurance Software Market by Region (in US$ Million), 2023 & 2033
Table 6: Europe Insurance Software Market by Country (in US$ Million), 2023 & 2033
Table 7: North America Insurance Software Market by Country (in US$ Million), 2023 & 2033
Table 8: Asia Pacific Insurance Software Market by Country (in US$ Million), 2023 & 2033
Table 9: Latin America Insurance Software Market by Country (in US$ Million), 2023 & 2033
Table 10: Middle East & Africa Insurance Software Market by Country (in US$ Million),
2023 & 2033
Table 11: List of Key Players

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