Lucintel Forecasts the Global Claim Processing Software Market is expected to grow with a CAGR of 8.3% from 2025 to 2031
Lucintel Forecasts the Global Claim Processing Software Market is expected to grow with a CAGR of 8.3% from 2025 to 2031
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According to a market report by Lucintel, the future of the global claim processing software market looks promising with opportunities in the insurance company, insurance intermediary, and agent & broker markets. The global claim processing software market is expected to grow with a CAGR of 8.3% from 2025 to 2031. The major drivers for this market are the rising demand for automation in claims management, the growing adoption of cloud-based solutions, and the increasing focus on customer experience & satisfaction.
A more than 150-page report to understand trends, opportunity and forecast in claim processing software market to 2031 by component (software and services), enterprise size (large enterprises and small & medium-sized enterprises), end use (insurance companies, insurance intermediaries, agents & brokers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the component category, software is expected to witness higher growth over the forecast period.
Within the end use category, insurance company is expected to witness the highest growth.
Download sample by clicking on claim processing software market
In terms of region, North America is expected to witness the highest growth over the forecast period.
Newgen Software Technologies Limited, Duck Creek Technologies, Hyland Software, HIPPAsuite, Quick Silver, VENTIV TECHNOLOGY, a1 enterprise, Pegasystems, FINEOS, Hawksoft are the major suppliers in the claim processing software market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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