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 6.2% during 2025-2034. 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: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
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), 2020-2024
- Figure 2: Global Insurance Software Market by Type, 2024
- Figure 3: Global Insurance Software Market by Deployment Mode, 2024
- Figure 4: Global Insurance Software Market by End Users, 2024
- Figure 5: Global Insurance Software Market by Region, 2024
- Figure 6: Global Insurance Software Market (in US$ Million), 2025-2034
- Figure 7: Global Insurance Software Market by Type (in %), 2024 & 2034
- Figure 8: Global Life Insurance Software Market (in US$ Million), 2020-2024
- Figure 9: Global Life Insurance Software Market (in US$ Million), 2025-2034
- Figure 10: Global Accident and Health Insurance Software Market (in US$ Million), 2020-2024
- Figure 11: Global Accident and Health Insurance Software Market (in US$ Million), 2025-2034
- Figure 12: Global Property and Casualty Insurance Software Market (in US$ Million), 2020-2024
- Figure 13: Global Property and Casualty Insurance Software Market (in US$ Million), 2025-2034
- Figure 14: Global Other Types Insurance Software Market (in US$ Million), 2020-2024
- Figure 15: Global Other Types Insurance Software Market (in US$ Million), 2025-2034
- Figure 16: Global Insurance Software Market by Deployment Model (in %), 2024 & 2034
- Figure 17: Global Cloud-based Insurance Software Market (in US$ Million), 2020-2024
- Figure 18: Global Cloud-based Insurance Software Market (in US$ Million), 2025-2034
- Figure 19: Global On-premises Insurance Software Market (in US$ Million), 2020-2024
- Figure 20: Global On-premises Insurance Software Market (in US$ Million), 2025-2034
- Figure 21: Global Insurance Software Market by End Users (in %), 2024 & 2034
- Figure 22: Global Brokers Insurance Software Market (in US$ Million), 2020-2024
- Figure 23: Global Brokers Insurance Software Market (in US$ Million), 2025-2034
- Figure 24: Global Agencies Insurance Software Market (in US$ Million), 2020-2024
- Figure 25: Global Agencies Insurance Software Market (in US$ Million), 2025-2034
- Figure 26: Global Insurance Companies Insurance Software Market (in US$ Million), 2020-2024
- Figure 27: Global Insurance Companies Insurance Software Market (in US$ Million), 2025-2034
- Figure 28: Global Insurance Software Market by Region (in %), 2024 & 2034
- Figure 29: Europe Insurance Software Market (in US$ Million), 2020-2024
- Figure 30: Europe Insurance Software Market (in US$ Million), 2025-2034
- Figure 31: Europe Insurance Software Market by Country (in %), 2024 & 2034
- Figure 32: Germany Insurance Software Market (in US$ Million), 2020-2034
- Figure 33: United Kingdom Insurance Software Market (in US$ Million), 2020-2034
- Figure 34: France Insurance Software Market (in US$ Million), 2020-2034
- Figure 35: Italy Insurance Software Market (in US$ Million), 2020-2034
- Figure 36: Spain Insurance Software Market (in US$ Million), 2020-2034
- Figure 37: Russia Insurance Software Market (in US$ Million), 2020-2034
- Figure 38: Netherlands Insurance Software Market (in US$ Million), 2020-2034
- Figure 39: North America Insurance Software Market (in US$ Million), 2020-2024
- Figure 40: North America Insurance Software Market (in US$ Million), 2025-2034
- Figure 41: North America Insurance Software Market by Country (in %), 2024 & 2034
- Figure 42: United States Insurance Software Market (in US$ Million), 2020-2034
- Figure 43: Canada Insurance Software Market (in US$ Million), 2020-2034
- Figure 44: Asia Pacific Insurance Software Market (in US$ Million), 2020-2024
- Figure 45: Asia Pacific Insurance Software Market (in US$ Million), 2025-2034
- Figure 46: Asia Pacific Insurance Software Market by Country (in %), 2024 & 2034
- Figure 47: China Insurance Software Market (in US$ Million), 2020-2034
- Figure 48: Japan Insurance Software Market (in US$ Million), 2020-2034
- Figure 49: India Insurance Software Market (in US$ Million), 2020-2034
- Figure 50: South Korea Insurance Software Market (in US$ Million), 2020-2034
- Figure 51: Australia Insurance Software Market (in US$ Million), 2020-2034
- Figure 52: Indonesia Insurance Software Market (in US$ Million), 2020-2034
- Figure 53: Latin America Insurance Software Market (in US$ Million), 2020-2024
- Figure 54: Latin America Insurance Software Market (in US$ Million), 2025-2034
- Figure 55: Latin America Insurance Software Market by Country (in %), 2024 & 2034
- Figure 56: Mexico Insurance Software Market (in US$ Million), 2020-2034
- Figure 57: Brazil Insurance Software Market (in US$ Million), 2020-2034
- Figure 58: Argentina Insurance Software Market (in US$ Million), 2020-2034
- Figure 59: Middle East & Africa Insurance Software Market (in US$ Million), 2020-2024
- Figure 60: Middle East & Africa Insurance Software Market (in US$ Million), 2025-2034
- Figure 61: Middle East & Africa Insurance Software Market by Country (in %), 2024 & 2034
- Figure 62: Saudi Arabia Insurance Software Market (in US$ Million), 2020-2034
- Figure 63: Turkey Insurance Software Market (in US$ Million), 2020-2034
- Figure 64: Iran Insurance Software Market (in US$ Million), 2020-2034
- Figure 65: UAE Insurance Software Market (in US$ Million), 2020-2034
- 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), 2024 & 2034
- Table 3: Global Insurance Software Market by Deployment Model (in US$ Million), 2024 & 2034
- Table 4: Global Insurance Software Market End Users (in US$ Million), 2024 & 2034
- Table 5: Global Insurance Software Market by Region (in US$ Million), 2024 & 2034
- Table 6: Europe Insurance Software Market by Country (in US$ Million), 2024 & 2034
- Table 7: North America Insurance Software Market by Country (in US$ Million), 2024 & 2034
- Table 8: Asia Pacific Insurance Software Market by Country (in US$ Million), 2024 & 2034
- Table 9: Latin America Insurance Software Market by Country (in US$ Million), 2024 & 2034
- Table 10: Middle East & Africa Insurance Software Market by Country (in US$ Million),
- 2024 & 2034
- Table 11: List of Key Players
Research Assistance
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