Big Data has found a variety of applications in targeted marketing of insurance
Aarkstore Enterprise announced latest Market Research Report Titled " Big Data in Insurance Industry "
Big Data in the Insurance Industry 2018 – 2030 – Opportunities, Challenges, Strategies & Forecasts report presents an in-depth assessment of Big Data in the insurance industry including key market drivers, challenges, investment potential, application areas, use cases, future roadmap, value chain, case studies, vendor profiles and strategies.
Big Data a term to describe datasets whose size is beyond the ability of traditional databases to capture, store, manage and analyze.Big Data not only refers to the data itself but also a set of technologies that capture, store, manage and analyze large and variable collections of data, to solve complex problems.
The report also presents market size forecasts for Big Data hardware, software and professional services investments from 2018 through to 2030. The forecasts are segmented for 8 horizontal submarkets, 8 application areas, 9 use cases, 6 regions and 35 countries.
The report estimates that Big Data investments in the insurance industry will account for more than $2.4 Billion in 2018 alone. Led by a plethora of business opportunities for insurers, reinsurers, insurance brokers, InsurTech specialists and other stakeholders, these investments are further expected to grow at a CAGR of approximately 14% over the next three years
Key highlights of the Big Data in Insurance Industry Report:
- An Overview of Big Data:
What is Big Data?
Key Approaches to Big Data Processing
Key Characteristics of Big Data
Market Growth Drivers
- Big Data Analytics:
What are Big Data Analytics?
The Importance of Analytics
Technology & Implementation Approaches
Machine Learning & Data Mining
Social Media, IT & Telco Network Analytics
-Business Case & Applications in the Insurance Industry:
Overview & Investment Potential
Industry Specific Market Growth Drivers
Industry Specific Market Barriers
Key Application Areas
Personalized & Targeted Marketing
Risk Awareness & Control
Insurance Industry Case Studies:
Aegon: Driving Customer Engagement & Sales with Big Data
Aetna: Predicting & Improving Health with Big Data
Allianz Group: Uncovering Insurance Fraud with Big Data
Allstate Corporation & Arity: Making Transportation Safer & Smarter with Big Data
AXA: Simplifying Customer Interaction with Big Data
China Life Insurance Company: Elevating Risk Awareness with Big Data
Cigna: Streamlining Health Insurance Claims with Big Data
Dai-ichi Life Holdings: Unlocking & Opening Doors to Life Insurance with Big Data
Market Sizing & Forecasts:
Global Outlook for the Big Data in the Insurance Industry
Hardware, Software & Professional Services Segmentation
Horizontal Submarket Segmentation
Hardware Submarkets
Software Submarkets
About Aarkstore Enterprise
Aarkstore curates global market research reports from various industry verticals and serves businesses worldwide. As market research report resellers, we at Aarkstore, partner with established publishers for both; syndicated data and customized reports. The market research data supplied by us is up-to-date and reliable for current day industry analysis and future market forecasts equally.
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Category: Finance and Banking Market Research
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