Globe News Wire
30 May 2026, 07:30 UTC · 1h ago
Source · https://www.globenewswire.com/news-release/2026/05/30/3303864/0/en/insurance-analytics-market-size-to-hit-usd-72-39-billion-by-2035-research-by-sns-insider.html
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The global insurance analytics market is projected to grow from USD 17.60 billion in 2025 to USD 72.39 billion by 2035, a CAGR of 15.19%. — Strong long-term growth projections for a specific software/services vertical typically boost investor sentiment for listed insurtech and AI-analytics providers.
+0.50Software dominated the market with a 64.18% share in 2025, driven by AI-powered platforms for underwriting and fraud detection. — Confirms that the primary value capture in insurance analytics is currently in software licensing/SaaS rather than professional services.
+0.30Cloud deployment led the market with 65.18% share in 2025, though on-premise is the fastest-growing segment (16.04% CAGR) due to privacy and regulatory concerns. — Indicates a nuanced shift where data sovereignty and security concerns are creating a secondary growth engine for non-cloud infrastructure.
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Government agencies are expected to be the fastest-growing end-user segment with a CAGR of 16.04% through 2035. — Signals an expanding public sector addressable market for analytics firms, diversifying revenue beyond private insurance companies.
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