insurance technology market in europe 2015-2019
TRANSCRIPT
Covered in this Report• This report covers the overview of the insurance
technology market in Europe.
• The report also includes the PEST analysis of the insurance market in Europe, insurance brokerage market in Europe, and the adoption of third platform technologies such as Cloud, Big Data, and others by the insurance firms.
• Technavio's report, Insurance Technology Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts.
• The report covers the market landscape and its growth prospects in the coming years.
• The report also includes profile of key vendors operating in this market.
Insurance Technology Market in Europe
2015-2019
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Market Overview
• Over the years, many insurance firms across Europe have become increasingly dependent on technology and Internet to run their business and drive revenue growth and this trend is expected to intensify further.
• The insurance sector in European countries is likely to experience significant growth during the forecast period.
• However, it is dependent on the recovery from recent recessions and economic crises.
• This scenario varies from one country to another depending on the macroeconomic factors.
• Technavio's analysts forecast the insurance technology market in Europe to grow at a CAGR of 3.74% during 2014-2019.
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Market in Europe 2015-2019,
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Key Vendors and Regions
• Accenture
• Agile Financial Technologies
• E&Y
• HP
• IBM
• Mphasis
• Oracle
• Steria
View Our Report: Insurance Technology Market in Europe 2015-2019
• Europe
Vendors Regions
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Key Findings
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• As customers are increasingly demanding real-time solutions, many insurance firms are aiming to be agile and event-driven architectures in the market.
• Mobile technology and social media are providing a cumulative number of sources for real-time data, which can be leveraged by insurance firms to a gain competitive advantage in the insurance technology market in Europe.
• To leverage the full benefits of real-time data, many insurance firms have started to deploy data analytics tools to improve customer satisfaction; it can also lead to improved customer retention, lead generation, cross-selling, and customer service.
• Many insurance firms started to implement real-time analytics to complement their decision-making process.
• At the same time, to provide real-time solutions, insurance firms need to leverage cloud-based technology and alternative channels.
• In such a context, banks are required to invest in creating a secured infrastructure.
Key Questions Answered in Our Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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• Technavio was founded in 2003 in London. We have about 300 analysts globally. We cover more than 500 technologies across 80 countries. Traditional media such as Forbes Asia and New York Times, along with other web media portals, like to quote us.
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Insurance Technology Market in Europe 2015-2019
110 Pages | SKU: IRTNTR6771
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