The global digital claims management market is expected to grow from USD 1.5 billion in 2018 to USD 3.2 billion by 2030, at a CAGR of 12.6% during the forecast period. The market is driven by factors such as increasing adoption of digital claims management solutions and growing need for automation in the insurance industry.
The global digital claims management market is segmented on the basis of type, application, and region. On the basis of type, it can be classified into web-based solutions, mobile-based solutions (Android and iOS), and desktop-based solutions (Windows). On the basis of application, it can be classified into buyer turnover below EUR 5 million and buyer turnover above EUR 5 million. On the basis of region, it can be classified into North America (NA), Latin America (LA), Europe (EU), Asia Pacific & Middle East & Africa (APMEA).
Some Of The Growth Factors Of This Market:
- The increasing number of cyber-attacks and data breaches are driving the need for digital claims management solutions.
- The rise in the number of IoT devices is also driving the need for digital claims management solutions as these devices are more vulnerable to cyber-attacks and data breaches than traditional IT systems.
- The increase in regulatory requirements, such as GDPR, is also driving the need for digital claims management solutions as these regulations require companies to have a process in place to handle customer complaints and disputes online or face fines up to 4% of their annual turnover or €20 million (whichever is greater).
- Digital Claims Management Solutions can help reduce costs by automating manual processes, reducing paper usage, and eliminating errors that occur when processing paper documents manually.
- Digital Claims Management Solutions can help improve customer experience by providing a faster resolution time on complaints and disputes through an online portal that customers can access from any device with internet access.
Industry Growth Insights published a new data on “Digital Claims Management Market”. The research report is titled “Digital Claims Management Market research by Types (Web, Android, IOS, Digital Claims Managemen), By Applications (Buyer: Turnover below EUR 5 Million, Buyer: Turnover above EUR 5 Million), By Players/Companies Arvato Financial Solutions, UiPath, Pulpstream, Nuxeo, DAT, ERGO Group AG, Digital Claims Managemen”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Claims Management Market Research Report
By Type
Web, Android, IOS, Digital Claims Managemen
By Application
Buyer: Turnover below EUR 5 Million, Buyer: Turnover above EUR 5 Million
By Companies
Arvato Financial Solutions, UiPath, Pulpstream, Nuxeo, DAT, ERGO Group AG, Digital Claims Managemen
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Digital Claims Management Market Report Segments:
The global Digital Claims Management market is segmented on the basis of:
Types
Web, Android, IOS, Digital Claims Managemen
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Buyer: Turnover below EUR 5 Million, Buyer: Turnover above EUR 5 Million
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arvato Financial Solutions
- UiPath
- Pulpstream
- Nuxeo
- DAT
- ERGO Group AG
- Digital Claims Managemen
Highlights of The Digital Claims Management Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Web
- Android
- IOS
- Digital Claims Managemen
- By Application:
- Buyer: Turnover below EUR 5 Million
- Buyer: Turnover above EUR 5 Million
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital Claims Management Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Digital claims management (DCM) is a process that helps organizations manage and track their digital claims. DCM can help organizations identify and resolve digitalclaims, assess the impact of digitalclaims on business operations, and develop plans to mitigate or avoid futuredigitalclaims.
Some of the major players in the digital claims management market are Arvato Financial Solutions, UiPath, Pulpstream, Nuxeo, DAT, ERGO Group AG, Digital Claims Managemen.
The digital claims management market is expected to grow at a compound annual growth rate of 12.6%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Digital Claims Management Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Digital Claims Management Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Digital Claims Management Market - Supply Chain
4.5. Global Digital Claims Management Market Forecast
4.5.1. Digital Claims Management Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Digital Claims Management Market Size (000 Units) and Y-o-Y Growth
4.5.3. Digital Claims Management Market Absolute $ Opportunity
5. Global Digital Claims Management Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Digital Claims Management Market Size and Volume Forecast by Type
5.3.1. Web
5.3.2. Android
5.3.3. IOS
5.3.4. Digital Claims Managemen
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Digital Claims Management Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Digital Claims Management Market Size and Volume Forecast by Application
6.3.1. Buyer: Turnover below EUR 5 Million
6.3.2. Buyer: Turnover above EUR 5 Million
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Digital Claims Management Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Digital Claims Management Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Digital Claims Management Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Digital Claims Management Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Digital Claims Management Demand Share Forecast, 2019-2026
9. North America Digital Claims Management Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Digital Claims Management Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Digital Claims Management Market Size and Volume Forecast by Application
9.4.1. Buyer: Turnover below EUR 5 Million
9.4.2. Buyer: Turnover above EUR 5 Million
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Digital Claims Management Market Size and Volume Forecast by Type
9.7.1. Web
9.7.2. Android
9.7.3. IOS
9.7.4. Digital Claims Managemen
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Digital Claims Management Demand Share Forecast, 2019-2026
10. Latin America Digital Claims Management Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Digital Claims Management Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Digital Claims Management Market Size and Volume Forecast by Application
10.4.1. Buyer: Turnover below EUR 5 Million
10.4.2. Buyer: Turnover above EUR 5 Million
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Digital Claims Management Market Size and Volume Forecast by Type
10.7.1. Web
10.7.2. Android
10.7.3. IOS
10.7.4. Digital Claims Managemen
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Digital Claims Management Demand Share Forecast, 2019-2026
11. Europe Digital Claims Management Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Digital Claims Management Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Digital Claims Management Market Size and Volume Forecast by Application
11.4.1. Buyer: Turnover below EUR 5 Million
11.4.2. Buyer: Turnover above EUR 5 Million
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Digital Claims Management Market Size and Volume Forecast by Type
11.7.1. Web
11.7.2. Android
11.7.3. IOS
11.7.4. Digital Claims Managemen
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Digital Claims Management Demand Share, 2019-2026
12. Asia Pacific Digital Claims Management Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Digital Claims Management Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Digital Claims Management Market Size and Volume Forecast by Application
12.4.1. Buyer: Turnover below EUR 5 Million
12.4.2. Buyer: Turnover above EUR 5 Million
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Digital Claims Management Market Size and Volume Forecast by Type
12.7.1. Web
12.7.2. Android
12.7.3. IOS
12.7.4. Digital Claims Managemen
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Digital Claims Management Demand Share, 2019-2026
13. Middle East & Africa Digital Claims Management Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Digital Claims Management Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Digital Claims Management Market Size and Volume Forecast by Application
13.4.1. Buyer: Turnover below EUR 5 Million
13.4.2. Buyer: Turnover above EUR 5 Million
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Digital Claims Management Market Size and Volume Forecast by Type
13.7.1. Web
13.7.2. Android
13.7.3. IOS
13.7.4. Digital Claims Managemen
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Digital Claims Management Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Digital Claims Management Market: Market Share Analysis
14.2. Digital Claims Management Distributors and Customers
14.3. Digital Claims Management Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Arvato Financial Solutions
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. UiPath
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Pulpstream
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nuxeo
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. DAT
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ERGO Group AG
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Digital Claims Managemen
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
