The global insurance analytics market is projected to grow from USD 17.60 billion in 2025 to USD 72.39 billion by 2035, at a CAGR of 15.19%. Growth is fueled by the adoption of AI, cloud computing, and big data, which help insurers reduce fraud, underwriting losses, and claims costs while improving customer retention. North America leads the market, with Asia-Pacific as the fastest-growing region due to rising insurance penetration. Key players include IBM, Oracle, and SAS Institute, with cloud deployment dominating but on-premise solutions growing due to data privacy concerns.
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 detecti...
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