Current Table

IT SPENDING BY THE NORTH AMERICAN INSURANCE INDUSTRY, 2011-2015 (1)

($ billions)

  2011 2012 2013 2014 2015 Total growth,
2011-2015
Life/health $19.5 $19.5 $20.2 $22.6 $23.7 21.5%
Property/casualty 25.8 29.1 30.9 32.3 34.7 34.5
Total $45.3 $48.6 $51.1 $54.9 $58.4 28.9%

(1) Data for 2013 to 2015 are projected.

Source: Celent.

 
IT SPENDING BY THE NORTH AMERICAN FINANCIAL SERVICES INDUSTRY, 2009-2013 (1)

($ billions)

            Compound annual growth 
  2009 2010 2011 (1) 2012 (1) 2013 (1) 2009-2013 2010-2011
Banking $50.3 $51.4 $53.4 $55.9 $58.3 3.8% 4.0%
Insurance 33.0 34.1 35.7 36.5 37.3 3.1 4.5
Securities and investments 31.8 33.0 35.2 37.0 39.5 5.6 6.5
Total  $115.0  $118.5  $124.3  $129.4  $135.1 4.1% 4.8%

(1) Data for 2011 to 2013 are estimated.

Source: Celent.

 
IT SPENDING BY THE NORTH AMERICAN INSURANCE INDUSTRY, 2010-2014 (1)

($ billions)

  2010 2011 2012 2013 2014  Compound annual
growth, 2010-2014
Life/health $19.2 $18.9 $20.8 $22.8 $23.7 5.4%
Property/casualty 28.8 26.9 29.8 33.2 34.8 4.9
Total $48.0 $45.8 $50.6 $56.0 $58.6 5.1%

(1) Data for 2012 to 2014 are projected.

Source: Celent.