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The global insurance analytics market is expected to grow significantly in the coming years, driven by the increasing demand for big data and predictive modeling capabilities during the COVID-19 pandemic. Major players in the market include IBM, Salesforce, Oracle, and Microsoft, among others. The rise in adoption of IoT products is also expected to drive the growth of the insurance market. Insurance companies are expected to hold a larger market size due to the demand for efficient management of claims and policies.
