The article cited AMA's Global Digital Insurance Platform Market Study explored substantial growth with CAGR of 13.05%. According to the study, Digital Channels Will Replace and Augment Physical Channels is one of the primary growth factors for the market. Shift of Insurers’ Focus from Product-Based to Customer-Centric Strategies is also expected to contribute significantly to the Digital Insurance Platform market. Overall, Automotive and transportation applications of Digital Insurance Platform, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Oracle (United States), SAP (Germany), IBM (United States), Microsoft (United States), Accenture (Ireland), TCS (India), Pegasystems (United States), Appian (United States), Mindtree (India), Cognizant (United States), DXC Technology (United States), Infosys (India), Prima Solutions (India), Fineos (Ireland) and Bolt Solutions (United States) pushing strong cash flow in Market which is also a key in driving revenue growth.

AMA’s Analyst on the Global Digital Insurance Platform market identified that the demand is rising in many different parts of the world as "Increased Awareness among Insurers to Access a Broader Segment of the Market ". Furthermore, some recent industry insights like "On 14 Nov 2019, Allianz SE and Microsoft Corp. announced a strategic partnership focused on digitally transforming the insurance industry, making the insurance process easier while creating a better experience for insurance companies and their customers. Through the strategic partnership, Allianz will move core pieces of its global insurance platform, Allianz Business System (ABS), to Microsoft’s Azure cloud and will open-source parts of the solution’s core to improve and expand capabilities. and On 6 Feb 2019, Tata Consultancy Services (TCS), a leading IT services, consulting, and business solutions organization, announced that Solidarity Bahrain B.S.C., a leading insurance provider in Bahrain, has selected TCS BaNCS as its core platform for digitally transforming its property and casualty and takaful group life insurance businesses." is constantly making the industry dynamic. One of the challenges that industry facing is "Lack of Skilled Workforce Pose a Major Challenge for the Market"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Digital Insurance Platform market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Digital Insurance Platform market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Digital Insurance Platform market tight?
• Which application/end-user category or Product Type [] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Digital Insurance Platform market and other related sub-markets covered in the study.

o Key & emerging players in the Digital Insurance Platform market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Digital Insurance Platform market size is calculated using market estimation process, the Digital Insurance Platform market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Digital Insurance Platform market size has been validated using both top-down and bottom-up approaches.