United States Insurance Analytics Market by Product Type, Distribution Channel, End User 2024-2032
                     United States Insurance 
Analytics Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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In ternat ional  Market  Analys is  Research and Consul t ing Group is  a leading adv iser  on management  
s t rategy and market  research wor ldwide.  We par tner  wi th c l ients  in  a l l  regions and indust ry  
vert ica ls  to  ident i fy  thei r  h ighest -value oppor tuni t ies,  address thei r  most  cr i t ica l  chal lenges,  and 
t ransform thei r  bus inesses.
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developments  for  bus iness leaders  in  pharmaceut ica l ,  indust r ia l ,  and h igh technology 
organizat ions.  Market  forecasts  and indust ry  analys is  for  b iotechnology,  advanced mater ia ls ,  
chemicals ,  food and beverage,  t ravel  and tour ism, nanotechnology and novel  process ing methods 
are at  the top of  the company’s  exper t ise.
IMARC’s ta i lored approach combines unfathomable ins ight  in to the dynamics o f  companies and 
markets wi th c lose cooperat ion at  a l l  levels  of  the c l ient  organizat ion.  This ensures that  our  c l ients 
achieve unmatchable compet i t ive advantage,  bui ld  more pro f ic ient  organizat ions,  and secure 
las t ing resul ts .
A cc o r d i ng  t o  t h e  l a t e s t  r e p o r t  b y  IM A R C  G r o up ,  t i t l e d  " U n i t ed  S t a t e s  In s u r a n ce  
A n a l y t ic s  Ma r k e t :  I n d u s t r y  T r e n d s ,  S h a re ,  S i z e ,  G ro w t h ,  Op p o r tu n i t y  an d  F o r e c a s t  
20 2 4 - 2 03 2 , "  t h e  U n i t e d  S ta t e s  i n s u r a n c e  a n a l y t i c s  m a r k e t  s i ze  i s  p r o j e c te d  t o  e x h i b i t  a  
g r o w t h  r a t e  (C A G R )  o f  1 2 . 6 0 %  d u r i ng   2 0 2 4 - 2 0 3 2  .
T he  U n i t ed  S t a t e s  i ns u r a nc e  an a l y t i c s  ma r k e t  i s  e x p e r i en c i n g  r o b us t  g r o w t h ,  d r i v e n  b y  
Report a  c o mb i n a t i on  o f  t e ch n o l o g i c a l  a d va n c e me n t s ,  i n c r ea s i n g  d a t a  a v a i l ab i l i t y ,  a n d  t h e  
ev o l v i n g  n e e ds  o f  t h e  i n s u r a n c e  i n du s t r y .  On e  o f  t h e  p r i m a r y  d r i v e r s  i s  t h e  e xp l o s i o n  o f  
b i g  d a t a  a n d  t he  ne e d  f o r  i t s  e f f e c t i ve  u t i l i z a t i o n .  I n s u r e rs  a r e  c o l l e c t i n g  v a s t  am o u n ts  
Highlight and o f  d a t a  f r o m v a r i o u s  s ou r c e s ,  i n c l ud i n g  s oc i a l  m e d i a ,  t e l em a t i cs  d ev i c e s ,  c u s t o m e r  
i n te r a c t i on s ,  a nd  m o re .  
Description T h i s  d a t a ,  w he n  a n a l y z e d  p r op e r l y ,  c a n  p r o v i d e  d e e p  i n s i g h ts  i n t o  c u s t o me r  be h a v i o r ,  r i s k  as s e ss m e n t ,  a n d  m a rk e t  t r e nd s .  I ns u r a n ce  a n a l y t i c s  t o o l s  l e v e r a g e  a dv a n c e d  
t ec h n o l o g i e s  s u c h  a s  a r t i f i c i a l  i n te l l i g e n c e  ( A I ) ,  ma c h i n e  l e a r n i n g  ( M L ) ,  an d  p r e d i c t i v e  
mo d e l i n g  t o  an a l y z e  t h i s  d a ta ,  en a b l i n g  i n s u r e r s  t o  m a k e  m or e  i n f o r me d  d e c i s i o n s ,  
pe r s o n a l i ze  p r od u c t s ,  a n d  i m p r o ve  c u s to m e r  s e r v i c e .
R eq u e s t  f o r  a  P D F  sa m p l e  o f  t h i s  re p o r t :  
h t t p s : / /w w w . i ma r c g r o u p . co m / u n i te d - s t a t e s - i ns u r a n ce - a n a l y t i c s - ma r k e t / r e q ue s t s am p l e
Report Description
U n i t e d  S t a t e s  I n s u r a n c e  A n a l y t i c s  M a r k e t  T r e n d s :
T h e  a b i l i t y  t o  p r e d i c t  f u t u r e  t r e n d s  a n d  i d e n t i f y  p o t e n t i a l  r i s k s  w i t h  h i g h  a c c u r a c y  i s  i n v a l u a b l e  f o r  d e v e l o p i n g  c o m p e t i t i v e  
s t r a t e g i e s  a n d  m i t i g a t i n g  l o s s e s .  A n o th e r  s i g n i f i c a n t  f a c to r  d r i v i n g  t h e  i n s u r a n c e  a n a l y t i c s  m a r k e t  i s  t h e  r i s i n g  n e e d  f o r  f r a u d  
d e t e c t i o n  a n d  p r e v e n t i o n .  I n s u r a n c e  f r a u d  p o s e s  a  s u b s ta n t i a l  f i n a n c i a l  t h r e a t  t o  t h e  i n d u s t r y ,  c o s t i n g  b i l l i o n s  o f  d o l l a r s  a n n u a l l y .  
A d v a n c e d  a n a l y t i c s  s o l u t i o n s  c a n  d e t e c t  f r a u d u l e n t  p a t t e r n s  a n d  a n o m a l i e s  t h a t  m i g h t  b e  m i s s e d  b y  t r a d i t i o n a l  m e t h o d s .  B y  
e m p l o y i n g  m a c h i n e  l e a r n i n g  a l g o r i t h m s  a n d  r e a l - t i m e  d a ta  a n a l y s i s ,  i n s u r e r s  c a n  q u i c k l y  i d e n t i f y  s u s p i c i o u s  c l a i m s  a n d  a c t i v i t i e s ,  
r e d u c i n g  f r a u d - r e l a t e d  l o s s e s .  F u r t h e r m o r e ,  r e g u l a to r y  p r e s s u r e s  a r e  p u s h i n g  i n s u r e r s  t o  a d o p t  m o r e  t r a n s p a r e n t  a n d  a c c u r a te  
r e p o r t i n g  p r a c t i c e s .  
C o m p l i a n c e  w i t h  r e g u l a t i o n s  s u c h  a s  t h e  G e n e r a l  D a t a  P r o t e c t i o n  R e g u l a t i o n  ( G D P R )  a n d  t h e  H e a l t h  I n s u r a n c e  P o r t a b i l i t y  a n d  
A c c o u n t a b i l i t y  A c t  ( H I P A A )  r e q u i r e s  r o b u s t  d a ta  m a n a g e m e n t  a n d  a n a l y t i c s  c a p a b i l i t i e s .  C u s t o m e r - c e n t r i c  s t r a t e g i e s  a r e  b e c o m i n g  
i n c r e a s i n g l y  i m p o r t a n t  i n  t h e  c o mp e t i t i v e  i n s u r a n c e  m a r k e t .  C o n s u m e r s  t o d a y  e x p e c t  p e r s o n a l i z e d  s e r v i c e s  a n d  s e a m l e s s  
i n t e r a c t i o n s  w i t h  t h e i r  i n s u r a n c e  p r o v i d e r s .  A n a l y t i c s  e n a b l e  i n s u r e r s  t o  s e g m e n t  t h e i r  c u s t o m e r  b a s e  m o r e  e f f e c t i v e l y ,  t a i l o r  t h e i r  
o f f e r i n g s ,  a n d  e n h a n c e  c u s to m e r  e n g a g e m e n t .  B y  u n d e r s ta n d i n g  i n d i v i d u a l  c u s to m e r  n e e d s  a n d  p r e fe r e n c e s ,  i n s u r e r s  c a n  d e v e l o p  
c u s to m i z e d  p r o d u c t s  a n d  m a r k e t i n g  s t r a t e g i e s  t h a t  i m p r o v e  c u s t o m e r  s a t i s f a c t i o n  a n d  r e t e n t i o n .
V ie w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w w w . i m a r c g r o u p . c o m / u n i t e d - s t a t e s - i n s u r a n c e - a n a ly t i c s - m a r k e t
Component Insights:
• Solut ion
• Service
 
Deployment Mode Insights:
• On-premises
• Cloud-based
Report 
Segmentation Enterprise Size Insights:
• Smal l  and Medium-sized Enterprises
• Large Enterpr ises
Application Insights:
• Claims Management
• Risk Management
• Customer Management
• Sales and Market ing
• Others
End User Insights:
• Insurance Companies
• Government Agencies
Report • Third-party Administrators,  Brokers and 
Consultancies
Segmentation
Region Insights:
• Northeast
• Midwest
• South
• West
How has the United States insurance analytics market 
performed so far and how will it perform in the coming 
years?
What has been the impact of COVID-19 on the United States 
insurance analytics market?
Key What is the breakup of the United States insurance analytics 
market on the basis of component?
Questions 
Answered in What is the breakup of the United States insurance analytics market on the basis of deployment mode?
the Report
What is the breakup of the United States insurance analytics 
market on the basis of enterprise size?
What is the breakup of the United States insurance analytics 
market on the basis of application?
What is the breakup of the United States insurance analytics 
market on the basis of end user?
What are the various stages in the value chain of the United 
States insurance analytics market? 
What are the key driving factors and challenges in the 
United States insurance analytics?
Key 
What is the structure of the United States insurance 
Questions analytics market and who are the key players?
Answered in What is the degree of competition in the United States 
insurance analytics market?
the Report
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4    U n i t e d  S t a t e s  I n s u r a n c e  A n a l y t i c s  M a r k e t  -  I n t r o d u c t i o n
Contents     4 . 1     O v e r v i e w    4 . 2     M a r k e t  D y n a m i c s
    4 . 3     I n d u s t r y  T r e n d s
    4 . 4     C o m p e t i t i v e  I n t e l l i g e n c e
5    U n i t e d  S t a t e s  I n s u r a n c e  A n a l y t i c s  M a r k e t  L a n d s c a p e
    5 . 1     H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
    5 . 2     M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
6    U n i t e d  S t a t e s  I n s u r a n c e  A n a l y t i c s  M a r k e t  -  B r e a k u p  b y  C o m p o n e n t
    6 . 1     S o l u t i o n
        6 . 1 . 1  O v e r v i e w
        6 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 1 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    6 . 2     S e r v i c e
        6 . 2 . 1  O v e r v i e w
        6 . 2 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 2 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
       
7    U n i t e d  S t a t e s  I n s u r a n c e  A n a l y t i c s  M a r k e t  -  B r e a k u p  b y  
D e p l o y m e n t  M o d e
    7 . 1     O n - p r e m i s e s
        7 . 1 . 1  O v e r v i e w
        7 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        7 . 1 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    7 . 2     C l o u d - b a s e d
        7 . 2 . 1  O v e r v i e w
        7 . 2 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        7 . 2 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
8    U n i t e d  S t a t e s  I n s u r a n c e  A n a l y t i c s  M a r k e t  -  B r e a k u p  b y  
Table of E n t e r p r i s e  S i z e    8 . 1     S m a l l  a n d  M e d i u m - s i z e d  E n t e r p r i s e s
        8 . 1 . 1  O v e r v i e w
        8 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
Contents         8 . 1 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )    8 . 2     L a r g e  E n t e r p r i s e s
        8 . 2 . 1  O v e r v i e w
        8 . 2 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        8 . 2 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
9    U n i t e d  S t a t e s  I n s u r a n c e  A n a l y t i c s  M a r k e t  -  B r e a k u p  b y  
A p p l i c a t i o n
    9 . 1     C l a i m s  M a n a g e m e n t
        9 . 1 . 1  O v e r v i e w
        9 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        9 . 1 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    9 . 2     R i s k  M a n a g e m e n t
        9 . 2 . 1  O v e r v i e w
        9 . 2 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        9 . 2 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
h t t p s : / / w w w. im a rcg ro u p . co m / u n i t e d - s t a t e s - i n su r a n ce - a n a l y t i c s -
m a r ke t / t o c
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