Insurance IT Spending Market - Global Outlook and Forecast 2021-2027

Publisher Name :
Date: 04-Nov-2021
No. of pages: 105

This report contains market size and forecasts of Insurance IT Spending in Global, including the following market information:

Global Insurance IT Spending Market Revenue, 2016-2021, 2022-2027, ($ millions)

Global top five companies in 2020 (%)

The global Insurance IT Spending market was valued at xx million in 2020 and is projected to reach US$ xx million by 2027, at a CAGR of xx% during the forecast period.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Insurance IT Spending companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Insurance IT Spending Market, By Type, 2016-2021, 2022-2027 ($ millions)

Global Insurance IT Spending Market Segment Percentages, By Type, 2020 (%)

- Software Spending

- Hardware Spending

- IT Services Spending

China Insurance IT Spending Market, By Application, 2016-2021, 2022-2027 ($ millions)

China Insurance IT Spending Market Segment Percentages, By Application, 2020 (%)

- Accident and Health

- Life and Annuity

- Reinsurance

- Commercial Property/Casualty

- Personal Property/Casualty

- Enterprise Utilities

- Others

Global Insurance IT Spending Market, By Region and Country, 2016-2021, 2022-2027 ($ Millions)

Global Insurance IT Spending Market Segment Percentages, By Region and Country, 2020 (%)

- North America

- - US

- - Canada

- - Mexico

- Europe

- - Germany

- - France

- - U.K.

- - Italy

- - Russia

- - Nordic Countries

- - Benelux

- - Rest of Europe

- Asia

- - China

- - Japan

- - South Korea

- - Southeast Asia

- - India

- - Rest of Asia

- South America

- - Brazil

- - Argentina

- - Rest of South America

- Middle East & Africa

- - Turkey

- - Israel

- - Saudi Arabia

- - UAE

- - Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Total Insurance IT Spending Market Competitors Revenues in Global, by Players 2016-2021 (Estimated), ($ millions)

Total Insurance IT Spending Market Competitors Revenues Share in Global, by Players 2020 (%)

Further, the report presents profiles of competitors in the market, including the following:

- Accenture

- CSC

- Fiserv

- Guidewire Software

- Oracle

- Andesa

- Cognizant

- EXL Service

- FIS

- Genpact

- Majesco

- Microsoft

- Pegasystems

- SAP

- StoneRiver

Insurance IT Spending Market - Global Outlook and Forecast 2021-2027

Table of Contents

1 Introduction to Research & Analysis Reports
1.1 Insurance IT Spending Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Insurance IT Spending Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Insurance IT Spending Overall Market Size
2.1 Global Insurance IT Spending Market Size: 2021 VS 2027
2.2 Global Insurance IT Spending Market Size, Prospects & Forecasts: 2016-2027
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Insurance IT Spending Players in Global Market
3.2 Top Global Insurance IT Spending Companies Ranked by Revenue
3.3 Global Insurance IT Spending Revenue by Companies
3.4 Top 3 and Top 5 Insurance IT Spending Companies in Global Market, by Revenue in 2020
3.5 Global Companies Insurance IT Spending Product Type
3.6 Tier 1, Tier 2 and Tier 3 Insurance IT Spending Players in Global Market
3.6.1 List of Global Tier 1 Insurance IT Spending Companies
3.6.2 List of Global Tier 2 and Tier 3 Insurance IT Spending Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Insurance IT Spending Market Size Markets, 2021 & 2027
4.1.2 Software Spending
4.1.3 Hardware Spending
4.1.4 IT Services Spending
4.2 By Type - Global Insurance IT Spending Revenue & Forecasts
4.2.1 By Type - Global Insurance IT Spending Revenue, 2016-2021
4.2.2 By Type - Global Insurance IT Spending Revenue, 2022-2027
4.2.3 By Type - Global Insurance IT Spending Revenue Market Share, 2016-2027
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Insurance IT Spending Market Size, 2021 & 2027
5.1.2 Accident and Health
5.1.3 Life and Annuity
5.1.4 Reinsurance
5.1.5 Commercial Property/Casualty
5.1.6 Personal Property/Casualty
5.1.7 Enterprise Utilities
5.1.8 Others
5.2 By Application - Global Insurance IT Spending Revenue & Forecasts
5.2.1 By Application - Global Insurance IT Spending Revenue, 2016-2021
5.2.2 By Application - Global Insurance IT Spending Revenue, 2022-2027
5.2.3 By Application - Global Insurance IT Spending Revenue Market Share, 2016-2027
6 Sights by Region
6.1 By Region - Global Insurance IT Spending Market Size, 2021 & 2027
6.2 By Region - Global Insurance IT Spending Revenue & Forecasts
6.2.1 By Region - Global Insurance IT Spending Revenue, 2016-2021
6.2.2 By Region - Global Insurance IT Spending Revenue, 2022-2027
6.2.3 By Region - Global Insurance IT Spending Revenue Market Share, 2016-2027
6.3 North America
6.3.1 By Country - North America Insurance IT Spending Revenue, 2016-2027
6.3.2 US Insurance IT Spending Market Size, 2016-2027
6.3.3 Canada Insurance IT Spending Market Size, 2016-2027
6.3.4 Mexico Insurance IT Spending Market Size, 2016-2027
6.4 Europe
6.4.1 By Country - Europe Insurance IT Spending Revenue, 2016-2027
6.4.2 Germany Insurance IT Spending Market Size, 2016-2027
6.4.3 France Insurance IT Spending Market Size, 2016-2027
6.4.4 U.K. Insurance IT Spending Market Size, 2016-2027
6.4.5 Italy Insurance IT Spending Market Size, 2016-2027
6.4.6 Russia Insurance IT Spending Market Size, 2016-2027
6.4.7 Nordic Countries Insurance IT Spending Market Size, 2016-2027
6.4.8 Benelux Insurance IT Spending Market Size, 2016-2027
6.5 Asia
6.5.1 By Region - Asia Insurance IT Spending Revenue, 2016-2027
6.5.2 China Insurance IT Spending Market Size, 2016-2027
6.5.3 Japan Insurance IT Spending Market Size, 2016-2027
6.5.4 South Korea Insurance IT Spending Market Size, 2016-2027
6.5.5 Southeast Asia Insurance IT Spending Market Size, 2016-2027
6.5.6 India Insurance IT Spending Market Size, 2016-2027
6.6 South America
6.6.1 By Country - South America Insurance IT Spending Revenue, 2016-2027
6.6.2 Brazil Insurance IT Spending Market Size, 2016-2027
6.6.3 Argentina Insurance IT Spending Market Size, 2016-2027
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Insurance IT Spending Revenue, 2016-2027
6.7.2 Turkey Insurance IT Spending Market Size, 2016-2027
6.7.3 Israel Insurance IT Spending Market Size, 2016-2027
6.7.4 Saudi Arabia Insurance IT Spending Market Size, 2016-2027
6.7.5 UAE Insurance IT Spending Market Size, 2016-2027
7 Players Profiles
7.1 Accenture
7.1.1 Accenture Corporate Summary
7.1.2 Accenture Business Overview
7.1.3 Accenture Insurance IT Spending Major Product Offerings
7.1.4 Accenture Insurance IT Spending Revenue in Global (2016-2021)
7.1.5 Accenture Key News
7.2 CSC
7.2.1 CSC Corporate Summary
7.2.2 CSC Business Overview
7.2.3 CSC Insurance IT Spending Major Product Offerings
7.2.4 CSC Insurance IT Spending Revenue in Global (2016-2021)
7.2.5 CSC Key News
7.3 Fiserv
7.3.1 Fiserv Corporate Summary
7.3.2 Fiserv Business Overview
7.3.3 Fiserv Insurance IT Spending Major Product Offerings
7.3.4 Fiserv Insurance IT Spending Revenue in Global (2016-2021)
7.3.5 Fiserv Key News
7.4 Guidewire Software
7.4.1 Guidewire Software Corporate Summary
7.4.2 Guidewire Software Business Overview
7.4.3 Guidewire Software Insurance IT Spending Major Product Offerings
7.4.4 Guidewire Software Insurance IT Spending Revenue in Global (2016-2021)
7.4.5 Guidewire Software Key News
7.5 Oracle
7.5.1 Oracle Corporate Summary
7.5.2 Oracle Business Overview
7.5.3 Oracle Insurance IT Spending Major Product Offerings
7.5.4 Oracle Insurance IT Spending Revenue in Global (2016-2021)
7.5.5 Oracle Key News
7.6 Andesa
7.6.1 Andesa Corporate Summary
7.6.2 Andesa Business Overview
7.6.3 Andesa Insurance IT Spending Major Product Offerings
7.6.4 Andesa Insurance IT Spending Revenue in Global (2016-2021)
7.6.5 Andesa Key News
7.7 Cognizant
7.7.1 Cognizant Corporate Summary
7.7.2 Cognizant Business Overview
7.7.3 Cognizant Insurance IT Spending Major Product Offerings
7.4.4 Cognizant Insurance IT Spending Revenue in Global (2016-2021)
7.7.5 Cognizant Key News
7.8 EXL Service
7.8.1 EXL Service Corporate Summary
7.8.2 EXL Service Business Overview
7.8.3 EXL Service Insurance IT Spending Major Product Offerings
7.8.4 EXL Service Insurance IT Spending Revenue in Global (2016-2021)
7.8.5 EXL Service Key News
7.9 FIS
7.9.1 FIS Corporate Summary
7.9.2 FIS Business Overview
7.9.3 FIS Insurance IT Spending Major Product Offerings
7.9.4 FIS Insurance IT Spending Revenue in Global (2016-2021)
7.9.5 FIS Key News
7.10 Genpact
7.10.1 Genpact Corporate Summary
7.10.2 Genpact Business Overview
7.10.3 Genpact Insurance IT Spending Major Product Offerings
7.10.4 Genpact Insurance IT Spending Revenue in Global (2016-2021)
7.10.5 Genpact Key News
7.11 Majesco
7.11.1 Majesco Corporate Summary
7.11.2 Majesco Business Overview
7.11.3 Majesco Insurance IT Spending Major Product Offerings
7.11.4 Majesco Insurance IT Spending Revenue in Global (2016-2021)
7.11.5 Majesco Key News
7.12 Microsoft
7.12.1 Microsoft Corporate Summary
7.12.2 Microsoft Business Overview
7.12.3 Microsoft Insurance IT Spending Major Product Offerings
7.12.4 Microsoft Insurance IT Spending Revenue in Global (2016-2021)
7.12.5 Microsoft Key News
7.13 Pegasystems
7.13.1 Pegasystems Corporate Summary
7.13.2 Pegasystems Business Overview
7.13.3 Pegasystems Insurance IT Spending Major Product Offerings
7.13.4 Pegasystems Insurance IT Spending Revenue in Global (2016-2021)
7.13.5 Pegasystems Key News
7.14 SAP
7.14.1 SAP Corporate Summary
7.14.2 SAP Business Overview
7.14.3 SAP Insurance IT Spending Major Product Offerings
7.14.4 SAP Insurance IT Spending Revenue in Global (2016-2021)
7.14.5 SAP Key News
7.15 StoneRiver
7.15.1 StoneRiver Corporate Summary
7.15.2 StoneRiver Business Overview
7.15.3 StoneRiver Insurance IT Spending Major Product Offerings
7.15.4 StoneRiver Insurance IT Spending Revenue in Global (2016-2021)
7.15.5 StoneRiver Key News
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

List of Tables
Table 1. Insurance IT Spending Market Opportunities & Trends in Global Market
Table 2. Insurance IT Spending Market Drivers in Global Market
Table 3. Insurance IT Spending Market Restraints in Global Market
Table 4. Key Players of Insurance IT Spending in Global Market
Table 5. Top Insurance IT Spending Players in Global Market, Ranking by Revenue (2019)
Table 6. Global Insurance IT Spending Revenue by Companies, (US$, Mn), 2016-2021
Table 7. Global Insurance IT Spending Revenue Share by Companies, 2016-2021
Table 8. Global Companies Insurance IT Spending Product Type
Table 9. List of Global Tier 1 Insurance IT Spending Companies, Revenue (US$, Mn) in 2020 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Insurance IT Spending Companies, Revenue (US$, Mn) in 2020 and Market Share
Table 11. By Type - Global Insurance IT Spending Revenue, (US$, Mn), 2021 VS 2027
Table 12. By Type - Insurance IT Spending Revenue in Global (US$, Mn), 2016-2021
Table 13. By Type - Insurance IT Spending Revenue in Global (US$, Mn), 2022-2027
Table 14. By Application - Global Insurance IT Spending Revenue, (US$, Mn), 2021 VS 2027
Table 15. By Application - Insurance IT Spending Revenue in Global (US$, Mn), 2016-2021
Table 16. By Application - Insurance IT Spending Revenue in Global (US$, Mn), 2022-2027
Table 17. By Region - Global Insurance IT Spending Revenue, (US$, Mn), 2021 VS 2027
Table 18. By Region - Global Insurance IT Spending Revenue (US$, Mn), 2016-2021
Table 19. By Region - Global Insurance IT Spending Revenue (US$, Mn), 2022-2027
Table 20. By Country - North America Insurance IT Spending Revenue, (US$, Mn), 2016-2021
Table 21. By Country - North America Insurance IT Spending Revenue, (US$, Mn), 2022-2027
Table 22. By Country - Europe Insurance IT Spending Revenue, (US$, Mn), 2016-2021
Table 23. By Country - Europe Insurance IT Spending Revenue, (US$, Mn), 2022-2027
Table 24. By Region - Asia Insurance IT Spending Revenue, (US$, Mn), 2016-2021
Table 25. By Region - Asia Insurance IT Spending Revenue, (US$, Mn), 2022-2027
Table 26. By Country - South America Insurance IT Spending Revenue, (US$, Mn), 2016-2021
Table 27. By Country - South America Insurance IT Spending Revenue, (US$, Mn), 2022-2027
Table 28. By Country - Middle East & Africa Insurance IT Spending Revenue, (US$, Mn), 2016-2021
Table 29. By Country - Middle East & Africa Insurance IT Spending Revenue, (US$, Mn), 2022-2027
Table 30. Accenture Corporate Summary
Table 31. Accenture Insurance IT Spending Product Offerings
Table 32. Accenture Insurance IT Spending Revenue (US$, Mn), (2016-2021)
Table 33. CSC Corporate Summary
Table 34. CSC Insurance IT Spending Product Offerings
Table 35. CSC Insurance IT Spending Revenue (US$, Mn), (2016-2021)
Table 36. Fiserv Corporate Summary
Table 37. Fiserv Insurance IT Spending Product Offerings
Table 38. Fiserv Insurance IT Spending Revenue (US$, Mn), (2016-2021)
Table 39. Guidewire Software Corporate Summary
Table 40. Guidewire Software Insurance IT Spending Product Offerings
Table 41. Guidewire Software Insurance IT Spending Revenue (US$, Mn), (2016-2021)
Table 42. Oracle Corporate Summary
Table 43. Oracle Insurance IT Spending Product Offerings
Table 44. Oracle Insurance IT Spending Revenue (US$, Mn), (2016-2021)
Table 45. Andesa Corporate Summary
Table 46. Andesa Insurance IT Spending Product Offerings
Table 47. Andesa Insurance IT Spending Revenue (US$, Mn), (2016-2021)
Table 48. Cognizant Corporate Summary
Table 49. Cognizant Insurance IT Spending Product Offerings
Table 50. Cognizant Insurance IT Spending Revenue (US$, Mn), (2016-2021)
Table 51. EXL Service Corporate Summary
Table 52. EXL Service Insurance IT Spending Product Offerings
Table 53. EXL Service Insurance IT Spending Revenue (US$, Mn), (2016-2021)
Table 54. FIS Corporate Summary
Table 55. FIS Insurance IT Spending Product Offerings
Table 56. FIS Insurance IT Spending Revenue (US$, Mn), (2016-2021)
Table 57. Genpact Corporate Summary
Table 58. Genpact Insurance IT Spending Product Offerings
Table 59. Genpact Insurance IT Spending Revenue (US$, Mn), (2016-2021)
Table 60. Majesco Corporate Summary
Table 61. Majesco Insurance IT Spending Product Offerings
Table 62. Majesco Insurance IT Spending Revenue (US$, Mn), (2016-2021)
Table 63. Microsoft Corporate Summary
Table 64. Microsoft Insurance IT Spending Product Offerings
Table 65. Microsoft Insurance IT Spending Revenue (US$, Mn), (2016-2021)
Table 66. Pegasystems Corporate Summary
Table 67. Pegasystems Insurance IT Spending Product Offerings
Table 68. Pegasystems Insurance IT Spending Revenue (US$, Mn), (2016-2021)
Table 69. SAP Corporate Summary
Table 70. SAP Insurance IT Spending Product Offerings
Table 71. SAP Insurance IT Spending Revenue (US$, Mn), (2016-2021)
Table 72. StoneRiver Corporate Summary
Table 73. StoneRiver Insurance IT Spending Product Offerings
Table 74. StoneRiver Insurance IT Spending Revenue (US$, Mn), (2016-2021)
List of Figures
Figure 1. Insurance IT Spending Segment by Type
Figure 2. Insurance IT Spending Segment by Application
Figure 3. Global Insurance IT Spending Market Overview: 2020
Figure 4. Key Caveats
Figure 5. Global Insurance IT Spending Market Size: 2021 VS 2027 (US$, Mn)
Figure 6. Global Insurance IT Spending Revenue, 2016-2027 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Insurance IT Spending Revenue in 2020
Figure 8. By Type - Global Insurance IT Spending Revenue Market Share, 2016-2027
Figure 9. By Application - Global Insurance IT Spending Revenue Market Share, 2016-2027
Figure 10. By Region - Global Insurance IT Spending Revenue Market Share, 2016-2027
Figure 11. By Country - North America Insurance IT Spending Revenue Market Share, 2016-2027
Figure 12. US Insurance IT Spending Revenue, (US$, Mn), 2016-2027
Figure 13. Canada Insurance IT Spending Revenue, (US$, Mn), 2016-2027
Figure 14. Mexico Insurance IT Spending Revenue, (US$, Mn), 2016-2027
Figure 15. By Country - Europe Insurance IT Spending Revenue Market Share, 2016-2027
Figure 16. Germany Insurance IT Spending Revenue, (US$, Mn), 2016-2027
Figure 17. France Insurance IT Spending Revenue, (US$, Mn), 2016-2027
Figure 18. U.K. Insurance IT Spending Revenue, (US$, Mn), 2016-2027
Figure 19. Italy Insurance IT Spending Revenue, (US$, Mn), 2016-2027
Figure 20. Russia Insurance IT Spending Revenue, (US$, Mn), 2016-2027
Figure 21. Nordic Countries Insurance IT Spending Revenue, (US$, Mn), 2016-2027
Figure 22. Benelux Insurance IT Spending Revenue, (US$, Mn), 2016-2027
Figure 23. By Region - Asia Insurance IT Spending Revenue Market Share, 2016-2027
Figure 24. China Insurance IT Spending Revenue, (US$, Mn), 2016-2027
Figure 25. Japan Insurance IT Spending Revenue, (US$, Mn), 2016-2027
Figure 26. South Korea Insurance IT Spending Revenue, (US$, Mn), 2016-2027
Figure 27. Southeast Asia Insurance IT Spending Revenue, (US$, Mn), 2016-2027
Figure 28. India Insurance IT Spending Revenue, (US$, Mn), 2016-2027
Figure 29. By Country - South America Insurance IT Spending Revenue Market Share, 2016-2027
Figure 30. Brazil Insurance IT Spending Revenue, (US$, Mn), 2016-2027
Figure 31. Argentina Insurance IT Spending Revenue, (US$, Mn), 2016-2027
Figure 32. By Country - Middle East & Africa Insurance IT Spending Revenue Market Share, 2016-2027
Figure 33. Turkey Insurance IT Spending Revenue, (US$, Mn), 2016-2027
Figure 34. Israel Insurance IT Spending Revenue, (US$, Mn), 2016-2027
Figure 35. Saudi Arabia Insurance IT Spending Revenue, (US$, Mn), 2016-2027
Figure 36. UAE Insurance IT Spending Revenue, (US$, Mn), 2016-2027
Figure 37. Accenture Insurance IT Spending Revenue Year Over Year Growth (US$, Mn) & (2016-2021)
Figure 38. CSC Insurance IT Spending Revenue Year Over Year Growth (US$, Mn) & (2016-2021)
Figure 39. Fiserv Insurance IT Spending Revenue Year Over Year Growth (US$, Mn) & (2016-2021)
Figure 40. Guidewire Software Insurance IT Spending Revenue Year Over Year Growth (US$, Mn) & (2016-2021)
Figure 41. Oracle Insurance IT Spending Revenue Year Over Year Growth (US$, Mn) & (2016-2021)
Figure 42. Andesa Insurance IT Spending Revenue Year Over Year Growth (US$, Mn) & (2016-2021)
Figure 43. Cognizant Insurance IT Spending Revenue Year Over Year Growth (US$, Mn) & (2016-2021)
Figure 44. EXL Service Insurance IT Spending Revenue Year Over Year Growth (US$, Mn) & (2016-2021)
Figure 45. FIS Insurance IT Spending Revenue Year Over Year Growth (US$, Mn) & (2016-2021)
Figure 46. Genpact Insurance IT Spending Revenue Year Over Year Growth (US$, Mn) & (2016-2021)
Figure 47. Majesco Insurance IT Spending Revenue Year Over Year Growth (US$, Mn) & (2016-2021)
Figure 48. Microsoft Insurance IT Spending Revenue Year Over Year Growth (US$, Mn) & (2016-2021)
Figure 49. Pegasystems Insurance IT Spending Revenue Year Over Year Growth (US$, Mn) & (2016-2021)
Figure 50. SAP Insurance IT Spending Revenue Year Over Year Growth (US$, Mn) & (2016-2021)
Figure 51. StoneRiver Insurance IT Spending Revenue Year Over Year Growth (US$, Mn) & (2016-2021)
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