Global and United States P&C Core Platform Market Report & Forecast 2022-2028

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 $50 million or more in direct written premium (DWP) or the equivalent.Gartner defines the North American P&C core platform market as composed of offerings that are aligned with the digital business technology platform. These core platforms include elements such as: • Core systems, including core modules for: o Policy management o Billing management o Claims management • Data repository • Reporting and analytics • Portals and apps • Integration accelerators
Market Analysis and Insights: Global and United States P&C Core Platform Market
This report focuses on global and United States P&C Core Platform market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global P&C Core Platform market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type, Cloud-Based accounting for % of the P&C Core Platform global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Large Enterprises (1000+Users) was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
In United States the P&C Core Platform market size is expected to grow from US$ million in 2021 to US$ million by 2028, at a CAGR of % during the forecast period.
Global P&C Core Platform Scope and Market Size
P&C Core Platform market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global P&C Core Platform market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the P&C Core Platform market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Cloud-Based
On-Premises
Segment by Application
Large Enterprises (1000+Users)
Medium-Sized Enterprise (499-1000 Users)
Small Enterprises (1-499Users)
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Sapiens
Majesco
BriteCore
Insurity
Insuresoft
EIS Group
Guidewire
Tia Technology
Duck Creek
SAP