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Global P&C Core Platform Market Research Report 2024

Global P&C Core Platform Market Research Report 2024

Industry: Service & Software

Published: 2024-01-08

Pages: 87 Pages

Report ld: 2381743

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Description

This market provides a lens into the North American market for P&C core platforms aimed at Tier 1, Tier 2 and midsize Tier 3 P&C insurers. These insurers have at least $50 million or more in direct written premium (DWP) or the equivalent.Gartner defines the North American P&C core platform market as composed of offerings that are aligned with the digital business technology platform. These core platforms include elements such as: • Core systems, including core modules for: o Policy management o Billing management o Claims management • Data repository • Reporting and analytics • Portals and apps • Integration accelerators
The global P&C Core Platform market was valued at US$ 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 P&C Core 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 P&C Core 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 P&C Core Platform in Large Enterprises (1000+Users) 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 P&C Core Platform include Sapiens, Majesco, BriteCore, Insurity, Insuresoft, EIS Group, Guidewire, Tia Technology and Duck Creek, 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 P&C Core 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 P&C Core Platform.

Report Scope
The P&C Core 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 P&C Core 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 P&C Core 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
  • Report Metric

  • Details

  • Report Title

  • Global P&C Core Platform Market Research Report 2024

  • Market Size Available for Years

  • 2024-2030

  • Global P&C Core Platform Companies Covered

  • Sapiens

    Majesco

    BriteCore

    Insurity

    Insuresoft

    EIS Group

    Guidewire

    Tia Technology

    Duck Creek

    SAP

  • Global P&C Core Platform Market, by Region

  • North America (U.S., Canada, Mexico)

    Europe (Germany, France, UK, Italy, etc.)

    Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

    South America (Brazil, etc.)

    Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

  • Global P&C Core Platform Market, Segment by Type

  • Cloud-Based

    On-Premises

  • Global P&C Core Platform Market, Segment by Application

  • Large Enterprises (1000+Users)

    Medium-Sized Enterprise (499-1000 Users)

    Small Enterprises (1-499Users)

  • Forecast Units

  • Million USD

  • Report Coverage

  • Revenue and volume forecast, company share, competitive landscape, growth factors and trends

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 P&C Core 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.

Table of Contents

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global P&C Core Platform Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Cloud-Based
1.2.3 On-Premises
1.3 Market by Application
1.3.1 Global P&C Core Platform Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Large Enterprises (1000+Users)
1.3.3 Medium-Sized Enterprise (499-1000 Users)
1.3.4 Small Enterprises (1-499Users)
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global P&C Core Platform Market Perspective (2019-2030)
2.2 P&C Core Platform Growth Trends by Region
2.2.1 Global P&C Core Platform Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 P&C Core Platform Historic Market Size by Region (2019-2024)
2.2.3 P&C Core Platform Forecasted Market Size by Region (2025-2030)
2.3 P&C Core Platform Market Dynamics
2.3.1 P&C Core Platform Industry Trends
2.3.2 P&C Core Platform Market Drivers
2.3.3 P&C Core Platform Market Challenges
2.3.4 P&C Core Platform Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top P&C Core Platform Players by Revenue
3.1.1 Global Top P&C Core Platform Players by Revenue (2019-2024)
3.1.2 Global P&C Core Platform Revenue Market Share by Players (2019-2024)
3.2 Global P&C Core Platform Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by P&C Core Platform Revenue
3.4 Global P&C Core Platform Market Concentration Ratio
3.4.1 Global P&C Core Platform Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by P&C Core Platform Revenue in 2023
3.5 P&C Core Platform Key Players Head office and Area Served
3.6 Key Players P&C Core Platform Product Solution and Service
3.7 Date of Enter into P&C Core Platform Market
3.8 Mergers & Acquisitions, Expansion Plans
4 P&C Core Platform Breakdown Data by Type
4.1 Global P&C Core Platform Historic Market Size by Type (2019-2024)
4.2 Global P&C Core Platform Forecasted Market Size by Type (2025-2030)
5 P&C Core Platform Breakdown Data by Application
5.1 Global P&C Core Platform Historic Market Size by Application (2019-2024)
5.2 Global P&C Core Platform Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America P&C Core Platform Market Size (2019-2030)
6.2 North America P&C Core Platform Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America P&C Core Platform Market Size by Country (2019-2024)
6.4 North America P&C Core Platform Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe P&C Core Platform Market Size (2019-2030)
7.2 Europe P&C Core Platform Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe P&C Core Platform Market Size by Country (2019-2024)
7.4 Europe P&C Core 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 P&C Core Platform Market Size (2019-2030)
8.2 Asia-Pacific P&C Core Platform Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific P&C Core Platform Market Size by Region (2019-2024)
8.4 Asia-Pacific P&C Core 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 P&C Core Platform Market Size (2019-2030)
9.2 Latin America P&C Core Platform Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America P&C Core Platform Market Size by Country (2019-2024)
9.4 Latin America P&C Core Platform Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa P&C Core Platform Market Size (2019-2030)
10.2 Middle East & Africa P&C Core Platform Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa P&C Core Platform Market Size by Country (2019-2024)
10.4 Middle East & Africa P&C Core Platform Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Sapiens
11.1.1 Sapiens Company Detail
11.1.2 Sapiens Business Overview
11.1.3 Sapiens P&C Core Platform Introduction
11.1.4 Sapiens Revenue in P&C Core Platform Business (2019-2024)
11.1.5 Sapiens Recent Development
11.2 Majesco
11.2.1 Majesco Company Detail
11.2.2 Majesco Business Overview
11.2.3 Majesco P&C Core Platform Introduction
11.2.4 Majesco Revenue in P&C Core Platform Business (2019-2024)
11.2.5 Majesco Recent Development
11.3 BriteCore
11.3.1 BriteCore Company Detail
11.3.2 BriteCore Business Overview
11.3.3 BriteCore P&C Core Platform Introduction
11.3.4 BriteCore Revenue in P&C Core Platform Business (2019-2024)
11.3.5 BriteCore Recent Development
11.4 Insurity
11.4.1 Insurity Company Detail
11.4.2 Insurity Business Overview
11.4.3 Insurity P&C Core Platform Introduction
11.4.4 Insurity Revenue in P&C Core Platform Business (2019-2024)
11.4.5 Insurity Recent Development
11.5 Insuresoft
11.5.1 Insuresoft Company Detail
11.5.2 Insuresoft Business Overview
11.5.3 Insuresoft P&C Core Platform Introduction
11.5.4 Insuresoft Revenue in P&C Core Platform Business (2019-2024)
11.5.5 Insuresoft Recent Development
11.6 EIS Group
11.6.1 EIS Group Company Detail
11.6.2 EIS Group Business Overview
11.6.3 EIS Group P&C Core Platform Introduction
11.6.4 EIS Group Revenue in P&C Core Platform Business (2019-2024)
11.6.5 EIS Group Recent Development
11.7 Guidewire
11.7.1 Guidewire Company Detail
11.7.2 Guidewire Business Overview
11.7.3 Guidewire P&C Core Platform Introduction
11.7.4 Guidewire Revenue in P&C Core Platform Business (2019-2024)
11.7.5 Guidewire Recent Development
11.8 Tia Technology
11.8.1 Tia Technology Company Detail
11.8.2 Tia Technology Business Overview
11.8.3 Tia Technology P&C Core Platform Introduction
11.8.4 Tia Technology Revenue in P&C Core Platform Business (2019-2024)
11.8.5 Tia Technology Recent Development
11.9 Duck Creek
11.9.1 Duck Creek Company Detail
11.9.2 Duck Creek Business Overview
11.9.3 Duck Creek P&C Core Platform Introduction
11.9.4 Duck Creek Revenue in P&C Core Platform Business (2019-2024)
11.9.5 Duck Creek Recent Development
11.10 SAP
11.10.1 SAP Company Detail
11.10.2 SAP Business Overview
11.10.3 SAP P&C Core Platform Introduction
11.10.4 SAP Revenue in P&C Core Platform Business (2019-2024)
11.10.5 SAP 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

Table of Figures

List of Tables
    Table 1. Global P&C Core Platform Market Size Growth Rate by Type (US$ Million): 2019 VS 2023 VS 2030
    Table 2. Key Players of Cloud-Based
    Table 3. Key Players of On-Premises
    Table 4. Global P&C Core Platform Market Size Growth by Application (US$ Million): 2019 VS 2023 VS 2030
    Table 5. Global P&C Core Platform Market Size by Region (US$ Million): 2019 VS 2023 VS 2030
    Table 6. Global P&C Core Platform Market Size by Region (2019-2024) & (US$ Million)
    Table 7. Global P&C Core Platform Market Share by Region (2019-2024)
    Table 8. Global P&C Core Platform Forecasted Market Size by Region (2025-2030) & (US$ Million)
    Table 9. Global P&C Core Platform Market Share by Region (2025-2030)
    Table 10. P&C Core Platform Market Trends
    Table 11. P&C Core Platform Market Drivers
    Table 12. P&C Core Platform Market Challenges
    Table 13. P&C Core Platform Market Restraints
    Table 14. Global P&C Core Platform Revenue by Players (2019-2024) & (US$ Million)
    Table 15. Global P&C Core Platform Market Share by Players (2019-2024)
    Table 16. Global Top P&C Core Platform Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in P&C Core Platform as of 2023)
    Table 17. Ranking of Global Top P&C Core Platform Companies by Revenue (US$ Million) in 2023
    Table 18. Global 5 Largest Players Market Share by P&C Core Platform Revenue (CR5 and HHI) & (2019-2024)
    Table 19. Key Players Headquarters and Area Served
    Table 20. Key Players P&C Core Platform Product Solution and Service
    Table 21. Date of Enter into P&C Core Platform Market
    Table 22. Mergers & Acquisitions, Expansion Plans
    Table 23. Global P&C Core Platform Market Size by Type (2019-2024) & (US$ Million)
    Table 24. Global P&C Core Platform Revenue Market Share by Type (2019-2024)
    Table 25. Global P&C Core Platform Forecasted Market Size by Type (2025-2030) & (US$ Million)
    Table 26. Global P&C Core Platform Revenue Market Share by Type (2025-2030)
    Table 27. Global P&C Core Platform Market Size by Application (2019-2024) & (US$ Million)
    Table 28. Global P&C Core Platform Revenue Market Share by Application (2019-2024)
    Table 29. Global P&C Core Platform Forecasted Market Size by Application (2025-2030) & (US$ Million)
    Table 30. Global P&C Core Platform Revenue Market Share by Application (2025-2030)
    Table 31. North America P&C Core Platform Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
    Table 32. North America P&C Core Platform Market Size by Country (2019-2024) & (US$ Million)
    Table 33. North America P&C Core Platform Market Size by Country (2025-2030) & (US$ Million)
    Table 34. Europe P&C Core Platform Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
    Table 35. Europe P&C Core Platform Market Size by Country (2019-2024) & (US$ Million)
    Table 36. Europe P&C Core Platform Market Size by Country (2025-2030) & (US$ Million)
    Table 37. Asia-Pacific P&C Core Platform Market Size Growth Rate by Region (US$ Million): 2019 VS 2023 VS 2030
    Table 38. Asia-Pacific P&C Core Platform Market Size by Region (2019-2024) & (US$ Million)
    Table 39. Asia-Pacific P&C Core Platform Market Size by Region (2025-2030) & (US$ Million)
    Table 40. Latin America P&C Core Platform Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
    Table 41. Latin America P&C Core Platform Market Size by Country (2019-2024) & (US$ Million)
    Table 42. Latin America P&C Core Platform Market Size by Country (2025-2030) & (US$ Million)
    Table 43. Middle East & Africa P&C Core Platform Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
    Table 44. Middle East & Africa P&C Core Platform Market Size by Country (2019-2024) & (US$ Million)
    Table 45. Middle East & Africa P&C Core Platform Market Size by Country (2025-2030) & (US$ Million)
    Table 46. Sapiens Company Detail
    Table 47. Sapiens Business Overview
    Table 48. Sapiens P&C Core Platform Product
    Table 49. Sapiens Revenue in P&C Core Platform Business (2019-2024) & (US$ Million)
    Table 50. Sapiens Recent Development
    Table 51. Majesco Company Detail
    Table 52. Majesco Business Overview
    Table 53. Majesco P&C Core Platform Product
    Table 54. Majesco Revenue in P&C Core Platform Business (2019-2024) & (US$ Million)
    Table 55. Majesco Recent Development
    Table 56. BriteCore Company Detail
    Table 57. BriteCore Business Overview
    Table 58. BriteCore P&C Core Platform Product
    Table 59. BriteCore Revenue in P&C Core Platform Business (2019-2024) & (US$ Million)
    Table 60. BriteCore Recent Development
    Table 61. Insurity Company Detail
    Table 62. Insurity Business Overview
    Table 63. Insurity P&C Core Platform Product
    Table 64. Insurity Revenue in P&C Core Platform Business (2019-2024) & (US$ Million)
    Table 65. Insurity Recent Development
    Table 66. Insuresoft Company Detail
    Table 67. Insuresoft Business Overview
    Table 68. Insuresoft P&C Core Platform Product
    Table 69. Insuresoft Revenue in P&C Core Platform Business (2019-2024) & (US$ Million)
    Table 70. Insuresoft Recent Development
    Table 71. EIS Group Company Detail
    Table 72. EIS Group Business Overview
    Table 73. EIS Group P&C Core Platform Product
    Table 74. EIS Group Revenue in P&C Core Platform Business (2019-2024) & (US$ Million)
    Table 75. EIS Group Recent Development
    Table 76. Guidewire Company Detail
    Table 77. Guidewire Business Overview
    Table 78. Guidewire P&C Core Platform Product
    Table 79. Guidewire Revenue in P&C Core Platform Business (2019-2024) & (US$ Million)
    Table 80. Guidewire Recent Development
    Table 81. Tia Technology Company Detail
    Table 82. Tia Technology Business Overview
    Table 83. Tia Technology P&C Core Platform Product
    Table 84. Tia Technology Revenue in P&C Core Platform Business (2019-2024) & (US$ Million)
    Table 85. Tia Technology Recent Development
    Table 86. Duck Creek Company Detail
    Table 87. Duck Creek Business Overview
    Table 88. Duck Creek P&C Core Platform Product
    Table 89. Duck Creek Revenue in P&C Core Platform Business (2019-2024) & (US$ Million)
    Table 90. Duck Creek Recent Development
    Table 91. SAP Company Detail
    Table 92. SAP Business Overview
    Table 93. SAP P&C Core Platform Product
    Table 94. SAP Revenue in P&C Core Platform Business (2019-2024) & (US$ Million)
    Table 95. SAP Recent Development
    Table 96. Research Programs/Design for This Report
    Table 97. Key Data Information from Secondary Sources
    Table 98. Key Data Information from Primary Sources
List of Figures
    Figure 1. Global P&C Core Platform Market Size Comparison by Type (2024-2030) & (US$ Million)
    Figure 2. Global P&C Core Platform Market Share by Type: 2023 VS 2030
    Figure 3. Cloud-Based Features
    Figure 4. On-Premises Features
    Figure 5. Global P&C Core Platform Market Size Comparison by Application (2024-2030) & (US$ Million)
    Figure 6. Global P&C Core Platform Market Share by Application: 2023 VS 2030
    Figure 7. Large Enterprises (1000+Users) Case Studies
    Figure 8. Medium-Sized Enterprise (499-1000 Users) Case Studies
    Figure 9. Small Enterprises (1-499Users) Case Studies
    Figure 10. P&C Core Platform Report Years Considered
    Figure 11. Global P&C Core Platform Market Size (US$ Million), Year-over-Year: 2019-2030
    Figure 12. Global P&C Core Platform Market Size, (US$ Million), 2019 VS 2023 VS 2030
    Figure 13. Global P&C Core Platform Market Share by Region: 2023 VS 2030
    Figure 14. Global P&C Core Platform Market Share by Players in 2023
    Figure 15. Global Top P&C Core Platform Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in P&C Core Platform as of 2023)
    Figure 16. The Top 10 and 5 Players Market Share by P&C Core Platform Revenue in 2023
    Figure 17. North America P&C Core Platform Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 18. North America P&C Core Platform Market Share by Country (2019-2030)
    Figure 19. United States P&C Core Platform Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 20. Canada P&C Core Platform Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 21. Europe P&C Core Platform Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 22. Europe P&C Core Platform Market Share by Country (2019-2030)
    Figure 23. Germany P&C Core Platform Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 24. France P&C Core Platform Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 25. U.K. P&C Core Platform Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 26. Italy P&C Core Platform Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 27. Russia P&C Core Platform Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 28. Nordic Countries P&C Core Platform Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 29. Asia-Pacific P&C Core Platform Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 30. Asia-Pacific P&C Core Platform Market Share by Region (2019-2030)
    Figure 31. China P&C Core Platform Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 32. Japan P&C Core Platform Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 33. South Korea P&C Core Platform Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 34. Southeast Asia P&C Core Platform Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 35. India P&C Core Platform Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 36. Australia P&C Core Platform Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 37. Latin America P&C Core Platform Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 38. Latin America P&C Core Platform Market Share by Country (2019-2030)
    Figure 39. Mexico P&C Core Platform Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 40. Brazil P&C Core Platform Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 41. Middle East & Africa P&C Core Platform Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 42. Middle East & Africa P&C Core Platform Market Share by Country (2019-2030)
    Figure 43. Turkey P&C Core Platform Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 44. Saudi Arabia P&C Core Platform Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 45. Sapiens Revenue Growth Rate in P&C Core Platform Business (2019-2024)
    Figure 46. Majesco Revenue Growth Rate in P&C Core Platform Business (2019-2024)
    Figure 47. BriteCore Revenue Growth Rate in P&C Core Platform Business (2019-2024)
    Figure 48. Insurity Revenue Growth Rate in P&C Core Platform Business (2019-2024)
    Figure 49. Insuresoft Revenue Growth Rate in P&C Core Platform Business (2019-2024)
    Figure 50. EIS Group Revenue Growth Rate in P&C Core Platform Business (2019-2024)
    Figure 51. Guidewire Revenue Growth Rate in P&C Core Platform Business (2019-2024)
    Figure 52. Tia Technology Revenue Growth Rate in P&C Core Platform Business (2019-2024)
    Figure 53. Duck Creek Revenue Growth Rate in P&C Core Platform Business (2019-2024)
    Figure 54. SAP Revenue Growth Rate in P&C Core Platform Business (2019-2024)
    Figure 55. Bottom-up and Top-down Approaches for This Report
    Figure 56. Data Triangulation
    Figure 57. Key Executives Interviewed

Description

This market provides a lens into the North American market for P&C core platforms aimed at Tier 1, Tier 2 and midsize Tier 3 P&C insurers. These insurers have at least $50 million or more in direct written premium (DWP) or the equivalent.Gartner defines the North American P&C core platform market as composed of offerings that are aligned with the digital business technology platform. These core platforms include elements such as: • Core systems, including core modules for: o Policy management o Billing management o Claims management • Data repository • Reporting and analytics • Portals and apps • Integration accelerators
The global P&C Core Platform market was valued at US$ 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 P&C Core 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 P&C Core 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 P&C Core Platform in Large Enterprises (1000+Users) 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 P&C Core Platform include Sapiens, Majesco, BriteCore, Insurity, Insuresoft, EIS Group, Guidewire, Tia Technology and Duck Creek, 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 P&C Core 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 P&C Core Platform.

Report Scope
The P&C Core 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 P&C Core 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 P&C Core 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
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 P&C Core 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.

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Global P&C Core Platform Market Research Report 2024

Industry: Service & Software

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Report ld: 2381743

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