Insurance IT Spending Market in India 2015-2019 - Cost Factor is Major Challenge

Dec 11, 2015, 06:10 ET from Research and Markets

DUBLIN, Dec. 11, 2015 /PRNewswire/ -- Research and Markets ( has announced the addition of the "Insurance IT Spending Market in India 2015-2019" report to their offering.

Many insurance firms are focusing on moving to agile and event-driven architecture in the Indian market because customers are increasingly demanding real-time solutions. Mobile technology and social media provide a cumulative number of sources for real-time data, which can be leveraged by insurance firms to gain a competitive advantage in the market.

According to the report, in modern civilization, no financial activities are possible without the transfer of funds. Over the past two decades, payment systems have shown significant changes in India. Due to the emergence of several IT technologies with regard to payment systems, the transaction process has become much easier for insurance companies.

Further, the report states that the cost factor is one of the major challenges for this market, as a huge amount of investment is required to adopt various technologies to enhance the IT infrastructure of insurance organizations.

Key questions answered in this report:

  • What will the market size be in 2019 and what will the growth rate be
  • What are the key market trends
  • What is driving this market
  • What are the challenges to market growth
  • Who are the key vendors in this market space
  • What are the market opportunities and threats faced by the key vendors
  • What are the strengths and weaknesses of the key vendors

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by product

PART 07: Adoption of third platform technologies

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

PART 14: Key vendor analysis

  • HP
  • IBM
  • Infosys
  • TCS
  • Wipro
  • 3i Infotech
  • Accenture
  • Acer
  • Aegis
  • Atom Technologies
  • Capgemini India
  • Cisco Systems
  • CMS Infosystems
  • CSC
  • Dell
  • Diebold
  • Firstsource Solutions
  • Genpact India
  • HCL Technologies
  • Hitachi

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SOURCE Research and Markets