Booming Growth in Annuity Platform

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Annuity Platform consists of platforms and services utilized in the banking and insurance companies for annuity management. Annuity Platform is a sequence of payments which is made at equal intervals. Variable annuities, fixed annuities, and equity-indexed annuities are the different types of annuities classified according to the variability of payments.

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Offering real-time policy information, increase retention, enhance satisfaction are some of the major factors driving the growth of the Annuity platform market. Moreover, factors such as enabling the banking and insurance companies to be competitive, earn more profits, and adapt to the changing customer behavior are anticipated to boost the growth of the annuity platform market.

The global annuity platform market is segmented on the basis of component, deployment type, end user. On the basis of component, the market is segmented as platform, services. On the basis of deployment type, the market is segmented as cloud, on-premise, hybrid. On the basis of end user, the market is segmented as banking, insurance companies, others

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global annuity platform market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The annuity platform market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.


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