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Insurance Brokers Software Market by Component (Claims Management, Electronic Signatures, Invoicing & Receipts), Deployment (On-Cloud, On-Premises) - Global Forecast 2024-2030

Publisher 360iResearch
Published Jan 15, 2024
Length 194 Pages
SKU # IRE18445081

Description

Insurance Brokers Software Market by Component (Claims Management, Electronic Signatures, Invoicing & Receipts), Deployment (On-Cloud, On-Premises) - Global Forecast 2024-2030


The Insurance Brokers Software Market size was estimated at USD 11.68 billion in 2023 and expected to reach USD 13.21 billion in 2024, at a CAGR 13.62% to reach USD 28.56 billion by 2030.

Global Insurance Brokers Software Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Insurance Brokers Software Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Insurance Brokers Software Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Insurance Brokers Software Market, highlighting leading vendors and their innovative profiles. These include AgencyBloc, AllClients LLC, Amity Software Systems Limited, Applied Systems, Inc., Buckhill Ltd., Comarch S.A., Damco Group, DocuSign, Inc., HawkSoft, Inc., Insurance Systems Inc., Jenesis Software, OneSpan Inc., Simson Softwares Pvt. Limited, Vertafore, Inc., and XDimensional Technologies, Inc..

Market Segmentation & Coverage

This research report categorizes the Insurance Brokers Software Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
Claims Management

Electronic Signatures

Invoicing & Receipts

Policy Management

Deployment
On-Cloud

On-Premises

Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam

Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Insurance Brokers Software Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Insurance Brokers Software Market?
3. What are the technology trends and regulatory frameworks in the Insurance Brokers Software Market?
4. What is the market share of the leading vendors in the Insurance Brokers Software Market?
5. Which modes and strategic moves are suitable for entering the Insurance Brokers Software Market?

Note: PDF & Excel + Online Access - 1 Year

Table of Contents

194 Pages
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Insurance Brokers Software Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing need to reduce administrative costs and generate leads
5.1.1.2. Growing penetration of the Internet of Things (IoT) and machine learning
5.1.1.3. Rising collaborative efforts by insurance technology companies
5.1.2. Restraints
5.1.2.1. Lack of awareness and skilled workforce
5.1.3. Opportunities
5.1.3.1. Integration of artificial intelligence technology to boost efficiency of the insurance process
5.1.3.2. Increased awareness regarding the importance of insurance
5.1.4. Challenges
5.1.4.1. Threat to security and privacy owing to the increasing cyber-attacks
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Insurance Brokers Software Market, by Component
6.1. Introduction
6.2. Claims Management
6.3. Electronic Signatures
6.4. Invoicing & Receipts
6.5. Policy Management
7. Insurance Brokers Software Market, by Deployment
7.1. Introduction
7.2. On-Cloud
7.3. On-Premises
8. Americas Insurance Brokers Software Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Insurance Brokers Software Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.
10. South Korea
9.
11. Taiwan
9.
12. Thailand
9.
13. Vietnam
10. Europe, Middle East & Africa Insurance Brokers Software Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.
10. Nigeria
10.
11. Norway
10.
12. Poland
10.
13. Qatar
10.
14. Russia
10.
15. Saudi Arabia
10.
16. South Africa
10.
17. Spain
10.
18. Sweden
10.
19. Switzerland
10.
20. Turkey
10.
21. United Arab Emirates
10.
22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. AgencyBloc
12.1.2. AllClients LLC
12.1.3. Amity Software Systems Limited
12.1.4. Applied Systems, Inc.
12.1.5. Buckhill Ltd.
12.1.6. Comarch S.A.
12.1.7. Damco Group
12.1.8. DocuSign, Inc.
12.1.9. HawkSoft, Inc.
12.1.
10. Insurance Systems Inc.
12.1.
11. Jenesis Software
12.1.
12. OneSpan Inc.
12.1.
13. Simson Softwares Pvt. Limited
12.1.
14. Vertafore, Inc.
12.1.
15. XDimensional Technologies, Inc.
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
FIGURE 1. INSURANCE BROKERS SOFTWARE MARKET RESEARCH PROCESS
FIGURE 2. INSURANCE BROKERS SOFTWARE MARKET SIZE, 2023 VS 2030
FIGURE 3. INSURANCE BROKERS SOFTWARE MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. INSURANCE BROKERS SOFTWARE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. INSURANCE BROKERS SOFTWARE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. INSURANCE BROKERS SOFTWARE MARKET DYNAMICS
FIGURE 7. INSURANCE BROKERS SOFTWARE MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
FIGURE 8. INSURANCE BROKERS SOFTWARE MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. INSURANCE BROKERS SOFTWARE MARKET SIZE, BY DEPLOYMENT, 2023 VS 2030 (%)
FIGURE 10. INSURANCE BROKERS SOFTWARE MARKET SIZE, BY DEPLOYMENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS INSURANCE BROKERS SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS INSURANCE BROKERS SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES INSURANCE BROKERS SOFTWARE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES INSURANCE BROKERS SOFTWARE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC INSURANCE BROKERS SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC INSURANCE BROKERS SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA INSURANCE BROKERS SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA INSURANCE BROKERS SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. INSURANCE BROKERS SOFTWARE MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. INSURANCE BROKERS SOFTWARE MARKET SHARE, BY KEY PLAYER, 2023

Pricing

Currency Rates
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