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Global Insurance Platform Market Research Report 2024

Global Insurance Platform Market Research Report 2024

Publishing Date : Feb, 2024

License Type :
 

Report Code : 1912983

No of Pages : 74

Synopsis
The emergence of the insurance platform provides necessary support for the digital transformation of insurance companies. The insurance platform based on the micro-service architecture serves as the middle layer that connects the core system and the front-end applications. By decoupling and assembling core business components, it can integrate traditional business capabilities. Disassembled into business units that can be flexibly expanded. The data center uses big data, artificial intelligence and other technologies to refine the value of precipitated business data, and can form data assets that can be used efficiently and support corporate decision-making. Finally, through the open API interface, the service capabilities of the insurance middle office can be quickly released to the front desk to meet the needs of complex front desk business scenarios. Therefore, for insurance companies, the construction of insurance middle stations will be the key for insurance companies to achieve technological empowerment and digital transformation.
The global Insurance Platform market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Insurance Platform is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Insurance Platform is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Insurance Platform in Life Insurance is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Insurance Platform include PING AN CLOUD, ANT GROUP, Aliyun, JD Digits, HUAWEI CLOUD, Tencent Cloud, IBM, CoverGo and GALILEO PLATFORMS, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Insurance Platform, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Insurance Platform.
Report Scope
The Insurance Platform market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Insurance Platform market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Insurance Platform companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
PING AN CLOUD
ANT GROUP
Aliyun
JD Digits
HUAWEI CLOUD
Tencent Cloud
IBM
CoverGo
GALILEO PLATFORMS
Segment by Type
Business Platform
Data Platform
Segment by Application
Life Insurance
Health Insurance
Car Insurance
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Insurance Platform companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Insurance Platform Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Business Platform
1.2.3 Data Platform
1.3 Market by Application
1.3.1 Global Insurance Platform Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Life Insurance
1.3.3 Health Insurance
1.3.4 Car Insurance
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Insurance Platform Market Perspective (2019-2030)
2.2 Insurance Platform Growth Trends by Region
2.2.1 Global Insurance Platform Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Insurance Platform Historic Market Size by Region (2019-2024)
2.2.3 Insurance Platform Forecasted Market Size by Region (2025-2030)
2.3 Insurance Platform Market Dynamics
2.3.1 Insurance Platform Industry Trends
2.3.2 Insurance Platform Market Drivers
2.3.3 Insurance Platform Market Challenges
2.3.4 Insurance Platform Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Insurance Platform Players by Revenue
3.1.1 Global Top Insurance Platform Players by Revenue (2019-2024)
3.1.2 Global Insurance Platform Revenue Market Share by Players (2019-2024)
3.2 Global Insurance Platform Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Insurance Platform Revenue
3.4 Global Insurance Platform Market Concentration Ratio
3.4.1 Global Insurance Platform Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Insurance Platform Revenue in 2023
3.5 Insurance Platform Key Players Head office and Area Served
3.6 Key Players Insurance Platform Product Solution and Service
3.7 Date of Enter into Insurance Platform Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Insurance Platform Breakdown Data by Type
4.1 Global Insurance Platform Historic Market Size by Type (2019-2024)
4.2 Global Insurance Platform Forecasted Market Size by Type (2025-2030)
5 Insurance Platform Breakdown Data by Application
5.1 Global Insurance Platform Historic Market Size by Application (2019-2024)
5.2 Global Insurance Platform Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Insurance Platform Market Size (2019-2030)
6.2 North America Insurance Platform Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Insurance Platform Market Size by Country (2019-2024)
6.4 North America Insurance Platform Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Insurance Platform Market Size (2019-2030)
7.2 Europe Insurance Platform Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Insurance Platform Market Size by Country (2019-2024)
7.4 Europe Insurance Platform Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Insurance Platform Market Size (2019-2030)
8.2 Asia-Pacific Insurance Platform Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Insurance Platform Market Size by Region (2019-2024)
8.4 Asia-Pacific Insurance Platform Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Insurance Platform Market Size (2019-2030)
9.2 Latin America Insurance Platform Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Insurance Platform Market Size by Country (2019-2024)
9.4 Latin America Insurance Platform Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Insurance Platform Market Size (2019-2030)
10.2 Middle East & Africa Insurance Platform Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Insurance Platform Market Size by Country (2019-2024)
10.4 Middle East & Africa Insurance Platform Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 PING AN CLOUD
11.1.1 PING AN CLOUD Company Detail
11.1.2 PING AN CLOUD Business Overview
11.1.3 PING AN CLOUD Insurance Platform Introduction
11.1.4 PING AN CLOUD Revenue in Insurance Platform Business (2019-2024)
11.1.5 PING AN CLOUD Recent Development
11.2 ANT GROUP
11.2.1 ANT GROUP Company Detail
11.2.2 ANT GROUP Business Overview
11.2.3 ANT GROUP Insurance Platform Introduction
11.2.4 ANT GROUP Revenue in Insurance Platform Business (2019-2024)
11.2.5 ANT GROUP Recent Development
11.3 Aliyun
11.3.1 Aliyun Company Detail
11.3.2 Aliyun Business Overview
11.3.3 Aliyun Insurance Platform Introduction
11.3.4 Aliyun Revenue in Insurance Platform Business (2019-2024)
11.3.5 Aliyun Recent Development
11.4 JD Digits
11.4.1 JD Digits Company Detail
11.4.2 JD Digits Business Overview
11.4.3 JD Digits Insurance Platform Introduction
11.4.4 JD Digits Revenue in Insurance Platform Business (2019-2024)
11.4.5 JD Digits Recent Development
11.5 HUAWEI CLOUD
11.5.1 HUAWEI CLOUD Company Detail
11.5.2 HUAWEI CLOUD Business Overview
11.5.3 HUAWEI CLOUD Insurance Platform Introduction
11.5.4 HUAWEI CLOUD Revenue in Insurance Platform Business (2019-2024)
11.5.5 HUAWEI CLOUD Recent Development
11.6 Tencent Cloud
11.6.1 Tencent Cloud Company Detail
11.6.2 Tencent Cloud Business Overview
11.6.3 Tencent Cloud Insurance Platform Introduction
11.6.4 Tencent Cloud Revenue in Insurance Platform Business (2019-2024)
11.6.5 Tencent Cloud Recent Development
11.7 IBM
11.7.1 IBM Company Detail
11.7.2 IBM Business Overview
11.7.3 IBM Insurance Platform Introduction
11.7.4 IBM Revenue in Insurance Platform Business (2019-2024)
11.7.5 IBM Recent Development
11.8 CoverGo
11.8.1 CoverGo Company Detail
11.8.2 CoverGo Business Overview
11.8.3 CoverGo Insurance Platform Introduction
11.8.4 CoverGo Revenue in Insurance Platform Business (2019-2024)
11.8.5 CoverGo Recent Development
11.9 GALILEO PLATFORMS
11.9.1 GALILEO PLATFORMS Company Detail
11.9.2 GALILEO PLATFORMS Business Overview
11.9.3 GALILEO PLATFORMS Insurance Platform Introduction
11.9.4 GALILEO PLATFORMS Revenue in Insurance Platform Business (2019-2024)
11.9.5 GALILEO PLATFORMS Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
List of Tables
List of Tables
Table 1. Global Insurance Platform Market Size Growth Rate by Type (US$ Million): 2019 VS 2023 VS 2030
Table 2. Key Players of Business Platform
Table 3. Key Players of Data Platform
Table 4. Global Insurance Platform Market Size Growth by Application (US$ Million): 2019 VS 2023 VS 2030
Table 5. Global Insurance Platform Market Size by Region (US$ Million): 2019 VS 2023 VS 2030
Table 6. Global Insurance Platform Market Size by Region (2019-2024) & (US$ Million)
Table 7. Global Insurance Platform Market Share by Region (2019-2024)
Table 8. Global Insurance Platform Forecasted Market Size by Region (2025-2030) & (US$ Million)
Table 9. Global Insurance Platform Market Share by Region (2025-2030)
Table 10. Insurance Platform Market Trends
Table 11. Insurance Platform Market Drivers
Table 12. Insurance Platform Market Challenges
Table 13. Insurance Platform Market Restraints
Table 14. Global Insurance Platform Revenue by Players (2019-2024) & (US$ Million)
Table 15. Global Insurance Platform Market Share by Players (2019-2024)
Table 16. Global Top Insurance Platform Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Insurance Platform as of 2023)
Table 17. Ranking of Global Top Insurance Platform Companies by Revenue (US$ Million) in 2023
Table 18. Global 5 Largest Players Market Share by Insurance Platform Revenue (CR5 and HHI) & (2019-2024)
Table 19. Key Players Headquarters and Area Served
Table 20. Key Players Insurance Platform Product Solution and Service
Table 21. Date of Enter into Insurance Platform Market
Table 22. Mergers & Acquisitions, Expansion Plans
Table 23. Global Insurance Platform Market Size by Type (2019-2024) & (US$ Million)
Table 24. Global Insurance Platform Revenue Market Share by Type (2019-2024)
Table 25. Global Insurance Platform Forecasted Market Size by Type (2025-2030) & (US$ Million)
Table 26. Global Insurance Platform Revenue Market Share by Type (2025-2030)
Table 27. Global Insurance Platform Market Size by Application (2019-2024) & (US$ Million)
Table 28. Global Insurance Platform Revenue Market Share by Application (2019-2024)
Table 29. Global Insurance Platform Forecasted Market Size by Application (2025-2030) & (US$ Million)
Table 30. Global Insurance Platform Revenue Market Share by Application (2025-2030)
Table 31. North America Insurance Platform Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 32. North America Insurance Platform Market Size by Country (2019-2024) & (US$ Million)
Table 33. North America Insurance Platform Market Size by Country (2025-2030) & (US$ Million)
Table 34. Europe Insurance Platform Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 35. Europe Insurance Platform Market Size by Country (2019-2024) & (US$ Million)
Table 36. Europe Insurance Platform Market Size by Country (2025-2030) & (US$ Million)
Table 37. Asia-Pacific Insurance Platform Market Size Growth Rate by Region (US$ Million): 2019 VS 2023 VS 2030
Table 38. Asia-Pacific Insurance Platform Market Size by Region (2019-2024) & (US$ Million)
Table 39. Asia-Pacific Insurance Platform Market Size by Region (2025-2030) & (US$ Million)
Table 40. Latin America Insurance Platform Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 41. Latin America Insurance Platform Market Size by Country (2019-2024) & (US$ Million)
Table 42. Latin America Insurance Platform Market Size by Country (2025-2030) & (US$ Million)
Table 43. Middle East & Africa Insurance Platform Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 44. Middle East & Africa Insurance Platform Market Size by Country (2019-2024) & (US$ Million)
Table 45. Middle East & Africa Insurance Platform Market Size by Country (2025-2030) & (US$ Million)
Table 46. PING AN CLOUD Company Detail
Table 47. PING AN CLOUD Business Overview
Table 48. PING AN CLOUD Insurance Platform Product
Table 49. PING AN CLOUD Revenue in Insurance Platform Business (2019-2024) & (US$ Million)
Table 50. PING AN CLOUD Recent Development
Table 51. ANT GROUP Company Detail
Table 52. ANT GROUP Business Overview
Table 53. ANT GROUP Insurance Platform Product
Table 54. ANT GROUP Revenue in Insurance Platform Business (2019-2024) & (US$ Million)
Table 55. ANT GROUP Recent Development
Table 56. Aliyun Company Detail
Table 57. Aliyun Business Overview
Table 58. Aliyun Insurance Platform Product
Table 59. Aliyun Revenue in Insurance Platform Business (2019-2024) & (US$ Million)
Table 60. Aliyun Recent Development
Table 61. JD Digits Company Detail
Table 62. JD Digits Business Overview
Table 63. JD Digits Insurance Platform Product
Table 64. JD Digits Revenue in Insurance Platform Business (2019-2024) & (US$ Million)
Table 65. JD Digits Recent Development
Table 66. HUAWEI CLOUD Company Detail
Table 67. HUAWEI CLOUD Business Overview
Table 68. HUAWEI CLOUD Insurance Platform Product
Table 69. HUAWEI CLOUD Revenue in Insurance Platform Business (2019-2024) & (US$ Million)
Table 70. HUAWEI CLOUD Recent Development
Table 71. Tencent Cloud Company Detail
Table 72. Tencent Cloud Business Overview
Table 73. Tencent Cloud Insurance Platform Product
Table 74. Tencent Cloud Revenue in Insurance Platform Business (2019-2024) & (US$ Million)
Table 75. Tencent Cloud Recent Development
Table 76. IBM Company Detail
Table 77. IBM Business Overview
Table 78. IBM Insurance Platform Product
Table 79. IBM Revenue in Insurance Platform Business (2019-2024) & (US$ Million)
Table 80. IBM Recent Development
Table 81. CoverGo Company Detail
Table 82. CoverGo Business Overview
Table 83. CoverGo Insurance Platform Product
Table 84. CoverGo Revenue in Insurance Platform Business (2019-2024) & (US$ Million)
Table 85. CoverGo Recent Development
Table 86. GALILEO PLATFORMS Company Detail
Table 87. GALILEO PLATFORMS Business Overview
Table 88. GALILEO PLATFORMS Insurance Platform Product
Table 89. GALILEO PLATFORMS Revenue in Insurance Platform Business (2019-2024) & (US$ Million)
Table 90. GALILEO PLATFORMS Recent Development
Table 91. Research Programs/Design for This Report
Table 92. Key Data Information from Secondary Sources
Table 93. Key Data Information from Primary Sources
List of Figures
Figure 1. Global Insurance Platform Market Size Comparison by Type (2024-2030) & (US$ Million)
Figure 2. Global Insurance Platform Market Share by Type: 2023 VS 2030
Figure 3. Business Platform Features
Figure 4. Data Platform Features
Figure 5. Global Insurance Platform Market Size Comparison by Application (2024-2030) & (US$ Million)
Figure 6. Global Insurance Platform Market Share by Application: 2023 VS 2030
Figure 7. Life Insurance Case Studies
Figure 8. Health Insurance Case Studies
Figure 9. Car Insurance Case Studies
Figure 10. Others Case Studies
Figure 11. Insurance Platform Report Years Considered
Figure 12. Global Insurance Platform Market Size (US$ Million), Year-over-Year: 2019-2030
Figure 13. Global Insurance Platform Market Size, (US$ Million), 2019 VS 2023 VS 2030
Figure 14. Global Insurance Platform Market Share by Region: 2023 VS 2030
Figure 15. Global Insurance Platform Market Share by Players in 2023
Figure 16. Global Top Insurance Platform Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Insurance Platform as of 2023)
Figure 17. The Top 10 and 5 Players Market Share by Insurance Platform Revenue in 2023
Figure 18. North America Insurance Platform Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 19. North America Insurance Platform Market Share by Country (2019-2030)
Figure 20. United States Insurance Platform Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 21. Canada Insurance Platform Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 22. Europe Insurance Platform Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 23. Europe Insurance Platform Market Share by Country (2019-2030)
Figure 24. Germany Insurance Platform Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 25. France Insurance Platform Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 26. U.K. Insurance Platform Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 27. Italy Insurance Platform Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 28. Russia Insurance Platform Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 29. Nordic Countries Insurance Platform Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 30. Asia-Pacific Insurance Platform Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 31. Asia-Pacific Insurance Platform Market Share by Region (2019-2030)
Figure 32. China Insurance Platform Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 33. Japan Insurance Platform Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 34. South Korea Insurance Platform Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 35. Southeast Asia Insurance Platform Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 36. India Insurance Platform Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 37. Australia Insurance Platform Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 38. Latin America Insurance Platform Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 39. Latin America Insurance Platform Market Share by Country (2019-2030)
Figure 40. Mexico Insurance Platform Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 41. Brazil Insurance Platform Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 42. Middle East & Africa Insurance Platform Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 43. Middle East & Africa Insurance Platform Market Share by Country (2019-2030)
Figure 44. Turkey Insurance Platform Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 45. Saudi Arabia Insurance Platform Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 46. PING AN CLOUD Revenue Growth Rate in Insurance Platform Business (2019-2024)
Figure 47. ANT GROUP Revenue Growth Rate in Insurance Platform Business (2019-2024)
Figure 48. Aliyun Revenue Growth Rate in Insurance Platform Business (2019-2024)
Figure 49. JD Digits Revenue Growth Rate in Insurance Platform Business (2019-2024)
Figure 50. HUAWEI CLOUD Revenue Growth Rate in Insurance Platform Business (2019-2024)
Figure 51. Tencent Cloud Revenue Growth Rate in Insurance Platform Business (2019-2024)
Figure 52. IBM Revenue Growth Rate in Insurance Platform Business (2019-2024)
Figure 53. CoverGo Revenue Growth Rate in Insurance Platform Business (2019-2024)
Figure 54. GALILEO PLATFORMS Revenue Growth Rate in Insurance Platform Business (2019-2024)
Figure 55. Bottom-up and Top-down Approaches for This Report
Figure 56. Data Triangulation
Figure 57. Key Executives Interviewed

Published By : QY Research

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