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Insurance analytics market to reach $72.39B by 2035, driven by AI, cloud, and fraud detection tech.

Market News
30 May 2026
Globe News Wire
View Source
Bullish
pluang ai news

The global insurance analytics market is projected to grow from USD 17.60 billion in 2025 to USD 72.39 billion by 2035, with a CAGR of 15.19%. Growth is fueled by the adoption of AI, cloud computing, big data, and advanced analytics for fraud detection, underwriting optimization, and customer management. North America leads the market, while Asia-Pacific is the fastest-growing region due to rising insurance penetration. Key players include IBM, Oracle, and SAS Institute, with innovations like AI-powered aerial imagery and generative AI enhancing operational efficiency and risk assessment.

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