Fintech PR
Insurance Platform Market worth $ 207.52 billion by 2030- Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., March 25, 2025 /PRNewswire/ — The Insurance Platform Market is slated to expand from USD 116.16 billion in 2025 to USD 207.52 billion by the year 2030 at an impressive CAGR of 12.3% over the forecast period, according to a new report by MarketsandMarkets™.
Browse in-depth TOC on “Insurance Platform Market”
220 – Tables
72 – Figures
410 – Pages
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Scope of the Report
|
Report Metric |
Details |
|
Market size available for years |
2020–2030 |
|
Base year considered  |
2024 |
|
Forecast period |
2025–2030 |
|
Forecast units |
USD (Billion) |
|
Segments Covered |
Offering, Application, Technology, Insurance Type, End User, and Region |
|
Geographies covered |
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America |
|
Companies covered |
Salesforce (US), IBM (US), Microsoft (US), Google (US), Adobe (US), Oracle (US), SAP (Germany), Pegasystems (US), Accenture (Ireland), DXC Technology (US), Guidewire Software (US), Duck Creek Technologies (US), Applied Systems (US), Fineos (Ireland), Cognizant (US), Appian (US), Verisk (US), Bolttech (US), ServiceNow (US), LexisNexis (US), Majesco (US), EIS Group (US), Insurity Inc (US), Vertafore (US), Sapiens International Corporation (Israel), Prima Solutions (France), Cogitate Technology Solutions (US), AgencySmart (US), InsureSoft (Canada), BriteCore (US), Shift Technology (France), Zipari (US), Quantemplate (UK), Jenesis Software (US), Sureify (US), OneShield (US), Ensuredit (India), Socotra (US), Coalition (US), Symbo (India), TrustLayer (US), PerfectQuote (US), Hyperexponential (UK), InsuredMine (US), and InsuredHQ (New Zealand) |
The rise of the Insurance Platform Market is being fueled by some key factors. One major driver is the wave of digital transformation sweeping across industries, prompting insurers to invest in advanced platforms that greatly enhance customer experiences, boost operational efficiency, and allow for data-driven decision-making. Additionally, the increasing demand for personalized insurance products—reflecting changing customer preferences—has encouraged the adoption of flexible and scalable solutions. The incorporation of artificial intelligence (AI), machine learning (ML), and data analytics has allowed insurers to offer dynamic pricing models, effective risk assessment tools, and automated claims processing. Regulatory shifts have also played a role, urging insurers to implement compliant platforms that come with top-notch security features. The influx of insurtech startups has further accelerated innovation and development in this area. With a focus on bettering customer engagement and streamlining their operations, investment in cloud-based and API-driven solutions is steadily increasing, marking significant growth in the Insurance Platform Market.
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By Application, the underwriting & risk management segment registers for the second-largest market share during the forecast period.
The underwriting and risk management application is expected to capture the second-largest share of the Insurance Platform Market due to its important role in evaluating risk, enhancing decision-making, and boosting operational efficiency. Cutting-edge insurance platforms that leverage AI, machine learning, and predictive analytics empower insurers to automate data analysis, leading to more accurate risk assessments. These innovative tools enable insurers to sift through massive amounts of data from diverse sources, including IoT devices, telematics, and customer profiles, ensuring that underwriting decisions are spot on. As insurers increasingly embrace data-driven approaches, platforms that provide advanced risk assessment models are becoming more popular. Moreover, the push for transparent risk evaluation processes due to regulatory requirements is prompting insurers to invest in strong underwriting solutions. The rising need for quicker policy issuance, fewer manual errors, and better fraud detection is also fueling the growth of underwriting and risk management solutions in the Insurance Platform Market.
By insurance type, specialty insurance is poised for the fastest growth rate during the forecast period.
The specialty insurance type is projected to be the fastest-growing segment in the Insurance Platform Market, fueled by an increasing need for custom coverage solutions in niche industries. Unlike traditional policies, specialty insurance covers unique risks such as cyber liability, marine and aviation risks, as well as high-value asset protection. As businesses venture into more complex markets and encounter evolving risks, insurers are turning to advanced platforms to create personalized solutions that cater to individual client needs. Digital platforms outfitted with data analytics, artificial intelligence (AI), and automation are enhancing risk assessment, pricing, and claims management for these specialized policies. Moreover, with the rise in cyber threats, environmental risks, and the complexities of global trade, the demand for specialty insurance is on the rise. Insurers are ramping up investments in flexible platforms that not only streamline underwriting processes but also improve customer interaction, further propelling the swift growth of the specialty insurance segment within the Insurance Platform Market.
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By Region, North America accounts for the largest market during forecast period.
North America is expected to maintain the largest market share within the Insurance Platform Market because of its sophisticated technological framework, high adoption rate of digital products, and prominent presence of well-established insurers. Insurers in the region are investing in new platforms to improve customer experience, simplify operations, and enhance risk assessment. Rising interest in data-driven insights, powered by the convergence of artificial intelligence (AI), machine learning (ML), and big data analytics, has further stimulated platform adoption. Moreover, the availability of a comprehensive regulatory framework makes insurers invest in compliant and secure digital technologies. Increasing usage of cloud-based platforms and API-based architectures is also driving the market’s growth. The rise of cloud-based platforms and API-driven architectures is also driving market growth. On top of that, North America’s vibrant insurtech ecosystem, marked by ongoing innovation and collaborations between traditional insurers and tech startups, is crucial in enhancing platform capabilities and reinforcing the region’s leadership in the Insurance Platform Market.
Top Key Companies in Insurance Platform Market:
The major players in the Insurance Platform Market include Salesforce (US), Google (US), Adobe (US), Microsoft (US), Oracle (US), Guidewire Software (US), Duck Creek Technologies (US), IBM (US), Pegasystems (US), and Accenture (Ireland).
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Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.
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Fintech PR
MEXC Announces Listing of Hyperlane (HYPER) with a 165,000 HYPER and 50,000 USDT Prize Pool
VICTORIA, Seychelles, April 21, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, announced the Hyperlane (HYPER) listing on April 22, 2025(UTC).To celebrate this significant addition to the exchange, MEXC is launching a special event with a prize pool of 165,000 HYPER and 50,000 USDT for new and existing users.
Hyperlane is the first permissionless, universal interoperability protocol dedicated to building a truly open and decentralized cross-chain communication infrastructure. As “The Open Interoperability Framework,” it enables anyone to freely expand, utilize, and customize the network, allowing developers to easily and securely build cross-chain applications and token bridges. To date, Hyperlane has connected over 140 blockchains, processed nearly 9 million cross-chain messages, and bridged more than $6 billion in volume through its Warp Routes.
$HYPER is the native token of the Hyperlane ecosystem, with an initial total supply of 1 billion tokens. It plays a critical role in securing the protocol through staking, rewarding validators for verifying cross-chain messages, incentivizing user-driven activity, and enabling community governance over protocol development.
To celebrate the listing, MEXC will launch an Airdrop+ event with substantial rewards for users:
Event Period: April 21, 2025, 10:00 – May 01, 2025, 10:00 (UTC)
Benefit 1: Deposit and share 120,000 HYPER (New user exclusive)
Benefit 2: Spot Challenge — Trade to share 15,000 HYPER (For all users)
Benefit 3: Futures Challenge — Trade to share 50,000 USDT in Futures bonus (For all users)
Benefit 4: Invite new users and share 30,000 HYPER (For all users)
MEXC has established itself as a leading exchange by consistently offering users early access to high-potential crypto assets. In 2024 alone, the platform listed 2,376 new tokens, including 1,716 initial listings. According to the latest TokenInsight report, MEXC led the industry with 461 spot listings between November 1, 2024, and February 15, 2025. During this period, the exchange maintained a high listing frequency, consistently ranking among the top six platforms, demonstrating its agility in capturing emerging market trends. MEXC will continue to expand its asset offerings and help users seize timely opportunities in the fast-moving crypto market.
For full event details and participation rules, please visit here.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
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Fintech PR
3D Motion Capture Market is expected to generate a revenue of USD 550.26 Million by 2031, Globally, at 12.40% CAGR: Verified Market Research®
Verified Market Research® a leading provider of business intelligence and market analysis is thrilled to announce the release of its comprehensive and authoritative report on the, “3D Motion Capture Market Size and Forecast,” Technological advancements in optical and non-optical motion capture systems, rising demand in the entertainment and sports sectors, and increasing use in clinical biomechanics are propelling the market growth.
LEWES, Del., April 21, 2025 /PRNewswire/ — The Global 3D Motion Capture Market Size is projected to grow at a CAGR of 12.40% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 234.67 Million in 2023 and is expected to reach USD 550.26 Million by the end of the forecast period.
The 3D Motion Capture Market is witnessing consistent growth driven by its wide applicability in film production, gaming, virtual reality, and medical research. The market is gaining momentum across developed economies and is expected to see robust expansion over the next few years.
Key Highlights of the Report:
- Market Size & Forecast: Detailed market valuation projections through 2031
- Segment Analysis: By Type, By Software, By Application and Geographical Analysis
- Technology Trends: Real-time tracking, AI-driven animation, and wearable sensor integrations
- Geographical Insights: North America dominates due to technological infrastructure and demand from media & sports sectors
- Competitive Landscape: Profiles of major players
Why This Report Matters?
This report delivers data-driven insights, enabling stakeholders to understand key growth levers and barriers in the 3D Motion Capture Market. With a focus on industry trends, evolving applications, and investment opportunities, it supports strategic planning for manufacturers, investors, and tech adopters alike.
Why You Should Read This Report:
- Market Research Professionals seeking actionable industry intelligence
- B2B Clients looking to evaluate partnership or acquisition opportunities
- Industrialists & Technologists aiming to innovate motion-based applications
- Animation, Gaming, and Sports Enterprises integrating motion capture tools
- Healthcare & Biomechanics Researchers exploring real-time motion data
For more information or to purchase the report, please contact us at: https://www.verifiedmarketresearch.com/download-sample?rid=6332
Browse in-depth TOC on “Global 3D Motion Capture Market Size“
202 – Pages
126 – Tables
37 – Figures
Report Scope
|
REPORT ATTRIBUTES |
DETAILS |
|
STUDY PERIOD |
2020-2031 |
|
BASE YEAR |
2023 |
|
FORECAST PERIOD |
2024-2031 |
|
HISTORICAL PERIOD |
2020-2022 |
|
UNIT |
Value (USD Million) |
|
KEY COMPANIES PROFILED |
Vicon Motion Systems Limited, Qualisys AB, Motion Analysis Corporation, Xsens Technologies B.V., Optitrack Synertial Labs Ltd., Phoenix Technologies Inc., Noraxon USA Inc., Codamotion, Solar Street Lights USA. |
|
SEGMENTS COVERED |
By Type, By Software, By Application, By Geography. |
|
CUSTOMIZATION SCOPE |
Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
Global 3D Motion Capture Market Overview
Market Driver
Growing Demand in Media & Entertainment Sector: The rapid adoption of 3D motion capture systems is being driven by the growing need for realistic animation, visual effects in movies, and immersive gaming technology. To achieve the high production standards that are expected of studios, precise motion data and real-time tracking are required. One of the most important growth factors for manufacturers, software developers, and service providers in the motion capture ecosystem is the recent spike in applications that are based on entertainment.
Increasing Applications in Biomechanics & Healthcare: In the fields of gait analysis, rehabilitation, sports science, and clinical research, the integration of 3D motion capture technologies is becoming increasingly common. For those working in the medical field and those conducting research in biomechanics, the capability of providing correct movement data is absolutely essential. The market is gaining pace, particularly for non-intrusive and wearable capturing devices, as a result of the demand from hospitals, universities, and sporting institutions.
Advancements in Wearable and Optical Motion Capture Tech: Motion capture setups are becoming smaller, less complicated, and more affordable as a result of ongoing innovations in camera systems, sensor accuracy, and wireless wearables. Because of these improvements, new opportunities are becoming available in the fields of robotics, ergonomics, and virtual reality and their applications. As systems become more portable and scalable, there is a subsequent acceleration in the adoption of these technologies across new industries and mid-tier businesses.
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Market Restraint
High Initial Costs and Maintenance Expenses: The initial investment required for high-end 3D motion capture systems, which must include optical cameras, sensors, and processing software, continues to be substantial. Expenses are further increased by aspects such as maintenance, calibration, and periodic upgrades. The total adoption of the technology among lower-budget groups is restricted as a result of these prices, which operate as a significant barrier for small enterprises and developing market players.
Complexity in Data Processing and Integration: The generation of 3D motion capture results in the creation of vast datasets, which necessitate the use of sophisticated tools for analysis and integration into processing pipelines. It is possible for workflow efficiency to be hindered by factors such as a shortage of qualified operators, restricted compatibility across devices, and lengthy processing times. Due to these problems, implementation in businesses other than entertainment and sports is slowed significantly, which further restricts the potential for growth.
Lack of Industry-Wide Standardization: There are problems with integration and inconsistent outputs as a result of the lack of standardised protocols for motion capture data, system interoperability, and calibration methodologies. This fragmentation makes it difficult to develop for multiple platforms and hinders scalability. Enterprises that operate in many locations are subject to increased costs and hazards as a result of incompatible formats, which impedes the widespread adoption of commercial technology.
Geographical Dominance
Because of the robust demand from the entertainment, sports, and healthcare industries, the 3D Motion Capture Market is dominated by North America. The region is able to reap the benefits of a highly developed technological infrastructure, substantial investments in research and development, and the presence of significant industry players. Further strengthening its market leadership and attracting global alliances and investments is the extensive application of the technology in animation studios, defence training, and biomechanics research research.
Key Players
The “Global 3D Motion Capture Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Vicon Motion Systems Limited, Qualisys AB, Motion Analysis Corporation, Xsens Technologies B.V., Optitrack Synertial Labs Ltd., Phoenix Technologies Inc., Noraxon USA Inc., Codamotion, Solar Street Lights USA.
3D Motion Capture Market Segment Analysis
Based on the research, Verified Market Research has segmented the global market into Type, Software, Application, and Geography.
• 3D Motion Capture Market, by Type
o Hardware
o Cameras
o Sensors
• 3D Motion Capture Market, by Software
o System
o Non-Optical 3D Motion Capture Systems
o Optical 3D Motion Capture Systems
• 3D Motion Capture Market, by Application
o Education
o Media and Entertainment
o Biomechanical Research and Medical
• 3D Motion Capture Market, by Geography
o North America
§ U.S
§ Canada
§ Mexico
o Europe
§ Germany
§ France
§ U.K
§ Rest of Europe
o Asia Pacific
§ China
§ Japan
§ India
§ Rest of Asia Pacific
o ROW
§ Middle East & Africa
§ Latin America
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Fintech PR
Applied Underwriters Completes Spin-off of its Subsidiary United Risk as Newly Independent Company Expands Further Adding New Units and Top Leadership Staff
Newly independent company immediately becomes one of the largest MGAs in the world.
OMAHA, Neb., April 21, 2025 /PRNewswire/ — Mr. Jamie Sahara, President of Applied Underwriters, today announced that its subsidiary, United Risk, has been established as an independent, ‘stand-alone’ operating company. United Risk, which remains affiliated with Applied and its related companies, has grown dramatically since its unveiling in November 2023 and provides a global P&C underwriting platform comprised of 28 different MGA and MGU programs, spanning more than 30 offices around the world, including New York, London and Paris, with more than 250 insurance professionals.
Recognized for its growing volume of specialized, niche market-leading programs, United Risk is unique in the field, according to Mr. Sahara, for its talented staff, depth of marketplace intelligence and multinational presence: “I see a bright future of potential for United Risk and its leadership team who have embraced in earnest a spirited confidence to build out the best business possible. At the same time, United Risk continues to enjoy strategic partnerships with the other Applied affiliates which have proven, deep resources giving United Risk an advantage over its direct competitors as it develops on its own in difficult areas such as cyber security, IT development, artificial intelligence and branding.”
United Risk’s CFO, Alex Amezquita, who joined the company recently after having served as CFO of Herbalife and as Senior Vice President at Moelis & Company, a global investment bank, concluded: “Applied has facilitated and incubated every step of United Risk’s platform for growth up to this point. Now, there is much new ground to cover and new vistas to explore as we emerge as an insurance and financial powerhouse. Our entire team, and all of the program partners, are optimistically upbeat and ready for the challenges ahead.”
About United Risk Global (www.unitedrisk.global)
United Risk Global is an international property and casualty insurance underwriting and distribution platform independently owned and operated by its practice partners and affiliated with Applied Underwriters operationally and through its common and powerful brand identity. United Risk’s home office is located at 50 Rockefeller Plaza in New York.
About Applied Underwriters (www.auw.com)
Applied Underwriters® is a global risk services firm that helps businesses and people manage uncertainty through its business services, insurance and reinsurance solutions. As a company, Applied Underwriters has been distinguished by its innovative approaches to client care and by its strong financial strength. Applied Underwriters operates widely throughout the US, UK, EU and Middle East. Its operational headquarters is located in Omaha, Nebraska.
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