CHAPTER 1. Industry Overview of Insurtech Market
1.1. Definition and Scope
1.1.1. Definition of Insurtech
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Insurtech Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Insurtech Market By Insurance Type
1.2.3. Insurtech Market By Technology
1.2.4. Insurtech Market By Services
1.2.5. Insurtech Market By End-Use
1.2.6. Insurtech Market By Region
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restraint 1
3.2.2. Restraint 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Insurtech Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Insurtech Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Regulatory Compliance
3.9. Competitive Landscape, 2021
3.9.1. Player Positioning Analysis
3.9.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Insurtech Market By Insurance Type
4.1. Introduction
4.2. Insurtech Market Revenue By Insurance Type
4.2.1. Insurtech Market Revenue (USD Billion) and Forecast, By Insurance Type, 2018-2030
4.2.2. Auto
4.2.2.1. Auto Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
4.2.3. Business
4.2.3.1. Business Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
4.2.4. Health
4.2.4.1. Health Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
4.2.5. Home
4.2.5.1. Home Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
4.2.6. Specialty
4.2.6.1. Specialty Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
4.2.7. Travel
4.2.7.1. Travel Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
4.2.8. Others
4.2.8.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
CHAPTER 5. Insurtech Market By Technology
5.1. Introduction
5.2. Insurtech Market Revenue By Technology
5.2.1. Insurtech Market Revenue (USD Billion) and Forecast, By Technology, 2018-2030
5.2.2. Cloud Computing
5.2.2.1. Cloud Computing Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
5.2.3. Blockchain
5.2.3.1. Blockchain Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
5.2.4. Big Data and Analytics
5.2.4.1. Big Data and Analytics Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
5.2.5. Artificial Intelligence
5.2.5.1. Artificial Intelligence Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
5.2.6. IoT
5.2.6.1. IoT Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
5.2.7. Machine Learning
5.2.7.1. Machine Learning Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
5.2.8. Others
5.2.8.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
CHAPTER 6. Insurtech Market By Services
6.1. Introduction
6.2. Insurtech Market Revenue By Services
6.2.1. Insurtech Market Revenue (USD Billion) and Forecast, By Services, 2018-2030
6.2.2. Managed Services
6.2.2.1. Managed Services Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
6.2.3. Consulting
6.2.3.1. Consulting Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
6.2.4. Support & Maintenance
6.2.4.1. Support & Maintenance Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
CHAPTER 7. Insurtech Market By End-Use
7.1. Introduction
7.2. Insurtech Market Revenue By End-Use
7.2.1. Insurtech Market Revenue (USD Billion) and Forecast, By End-Use, 2018-2030
7.2.2. BFSI
7.2.2.1. BFSI Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
7.2.3. Automotive
7.2.3.1. Automotive Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
7.2.4. Transportation
7.2.4.1. Transportation Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
7.2.5. Retail
7.2.5.1. Retail Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
7.2.6. Healthcare
7.2.6.1. Healthcare Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
7.2.7. Government
7.2.7.1. Government Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
7.2.8. Manufacturing
7.2.8.1. Manufacturing Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
7.2.9. Others
7.2.9.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
CHAPTER 8. North America Insurtech Market By Country
8.1. North America Insurtech Market Overview
8.2. U.S.
8.2.1. U.S. Insurtech Market Revenue (USD Billion) and Forecast By Insurance Type, 2018-2030
8.2.2. U.S. Insurtech Market Revenue (USD Billion) and Forecast By Technology, 2018-2030
8.2.3. U.S. Insurtech Market Revenue (USD Billion) and Forecast By Services, 2018-2030
8.2.4. U.S. Insurtech Market Revenue (USD Billion) and Forecast By End-Use, 2018-2030
8.3. Canada
8.3.1. Canada Insurtech Market Revenue (USD Billion) and Forecast By Insurance Type, 2018-2030
8.3.2. Canada Insurtech Market Revenue (USD Billion) and Forecast By Technology, 2018-2030
8.3.3. Canada Insurtech Market Revenue (USD Billion) and Forecast By Services, 2018-2030
8.3.4. Canada Insurtech Market Revenue (USD Billion) and Forecast By End-Use, 2018-2030
8.4. North America PEST Analysis
CHAPTER 9. Europe Insurtech Market By Country
9.1. Europe Insurtech Market Overview
9.2. U.K.
9.2.1. U.K. Insurtech Market Revenue (USD Billion) and Forecast By Insurance Type, 2018-2030
9.2.2. U.K. Insurtech Market Revenue (USD Billion) and Forecast By Technology, 2018-2030
9.2.3. U.K. Insurtech Market Revenue (USD Billion) and Forecast By Services, 2018-2030
9.2.4. U.K. Insurtech Market Revenue (USD Billion) and Forecast By End-Use, 2018-2030
9.3. Germany
9.3.1. Germany Insurtech Market Revenue (USD Billion) and Forecast By Insurance Type, 2018-2030
9.3.2. Germany Insurtech Market Revenue (USD Billion) and Forecast By Technology, 2018-2030
9.3.3. Germany Insurtech Market Revenue (USD Billion) and Forecast By Services, 2018-2030
9.3.4. Germany Insurtech Market Revenue (USD Billion) and Forecast By End-Use, 2018-2030
9.4. France
9.4.1. France Insurtech Market Revenue (USD Billion) and Forecast By Insurance Type, 2018-2030
9.4.2. France Insurtech Market Revenue (USD Billion) and Forecast By Technology, 2018-2030
9.4.3. France Insurtech Market Revenue (USD Billion) and Forecast By Services, 2018-2030
9.4.4. France Insurtech Market Revenue (USD Billion) and Forecast By End-Use, 2018-2030
9.5. Spain
9.5.1. Spain Insurtech Market Revenue (USD Billion) and Forecast By Insurance Type, 2018-2030
9.5.2. Spain Insurtech Market Revenue (USD Billion) and Forecast By Technology, 2018-2030
9.5.3. Spain Insurtech Market Revenue (USD Billion) and Forecast By Services, 2018-2030
9.5.4. Spain Insurtech Market Revenue (USD Billion) and Forecast By End-Use, 2018-2030
9.6. Rest of Europe
9.6.1. Rest of Europe Insurtech Market Revenue (USD Billion) and Forecast By Insurance Type, 2018-2030
9.6.2. Rest of Europe Insurtech Market Revenue (USD Billion) and Forecast By Technology, 2018-2030
9.6.3. Rest of Europe Insurtech Market Revenue (USD Billion) and Forecast By Services, 2018-2030
9.6.4. Rest of Europe Insurtech Market Revenue (USD Billion) and Forecast By End-Use, 2018-2030
9.7. Europe PEST Analysis
CHAPTER 10. Asia-Pacific Insurtech Market By Country
10.1. Asia-Pacific Insurtech Market Overview
10.2. China
10.2.1. China Insurtech Market Revenue (USD Billion) and Forecast By Insurance Type, 2018-2030
10.2.2. China Insurtech Market Revenue (USD Billion) and Forecast By Technology, 2018-2030
10.2.3. China Insurtech Market Revenue (USD Billion) and Forecast By Services, 2018-2030
10.2.4. China Insurtech Market Revenue (USD Billion) and Forecast By End-Use, 2018-2030
10.3. Japan
10.3.1. Japan Insurtech Market Revenue (USD Billion) and Forecast By Insurance Type, 2018-2030
10.3.2. Japan Insurtech Market Revenue (USD Billion) and Forecast By Technology, 2018-2030
10.3.3. Japan Insurtech Market Revenue (USD Billion) and Forecast By Services, 2018-2030
10.3.4. Japan Insurtech Market Revenue (USD Billion) and Forecast By End-Use, 2018-2030
10.4. India
10.4.1. India Insurtech Market Revenue (USD Billion) and Forecast By Insurance Type, 2018-2030
10.4.2. India Insurtech Market Revenue (USD Billion) and Forecast By Technology, 2018-2030
10.4.3. India Insurtech Market Revenue (USD Billion) and Forecast By Services, 2018-2030
10.4.4. India Insurtech Market Revenue (USD Billion) and Forecast By End-Use, 2018-2030
10.5. Australia
10.5.1. Australia Insurtech Market Revenue (USD Billion) and Forecast By Insurance Type, 2018-2030
10.5.2. Australia Insurtech Market Revenue (USD Billion) and Forecast By Technology, 2018-2030
10.5.3. Australia Insurtech Market Revenue (USD Billion) and Forecast By Services, 2018-2030
10.5.4. Australia Insurtech Market Revenue (USD Billion) and Forecast By End-Use, 2018-2030
10.6. South Korea
10.6.1. South Korea Insurtech Market Revenue (USD Billion) and Forecast By Insurance Type, 2018-2030
10.6.2. South Korea Insurtech Market Revenue (USD Billion) and Forecast By Technology, 2018-2030
10.6.3. South Korea Insurtech Market Revenue (USD Billion) and Forecast By Services, 2018-2030
10.6.4. South Korea Insurtech Market Revenue (USD Billion) and Forecast By End-Use, 2018-2030
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-Pacific Insurtech Market Revenue (USD Billion) and Forecast By Insurance Type, 2018-2030
10.7.2. Rest of Asia-Pacific Insurtech Market Revenue (USD Billion) and Forecast By Technology, 2018-2030
10.7.3. Rest of Asia-Pacific Insurtech Market Revenue (USD Billion) and Forecast By Services, 2018-2030
10.7.4. Rest of Asia-Pacific Insurtech Market Revenue (USD Billion) and Forecast By End-Use, 2018-2030
10.8. Asia-Pacific PEST Analysis
CHAPTER 11. Latin America Insurtech Market By Country
11.1. Latin America Insurtech Market Overview
11.2. Brazil
11.2.1. Brazil Insurtech Market Revenue (USD Billion) and Forecast By Insurance Type, 2018-2030
11.2.2. Brazil Insurtech Market Revenue (USD Billion) and Forecast By Technology, 2018-2030
11.2.3. Brazil Insurtech Market Revenue (USD Billion) and Forecast By Services, 2018-2030
11.2.4. Brazil Insurtech Market Revenue (USD Billion) and Forecast By End-Use, 2018-2030
11.3. Mexico
11.3.1. Mexico Insurtech Market Revenue (USD Billion) and Forecast By Insurance Type, 2018-2030
11.3.2. Mexico Insurtech Market Revenue (USD Billion) and Forecast By Technology, 2018-2030
11.3.3. Mexico Insurtech Market Revenue (USD Billion) and Forecast By Services, 2018-2030
11.3.4. Mexico Insurtech Market Revenue (USD Billion) and Forecast By End-Use, 2018-2030
11.4. Rest of Latin America
11.4.1. Rest of Latin America Insurtech Market Revenue (USD Billion) and Forecast By Insurance Type, 2018-2030
11.4.2. Rest of Latin America Insurtech Market Revenue (USD Billion) and Forecast By Technology, 2018-2030
11.4.3. Rest of Latin America Insurtech Market Revenue (USD Billion) and Forecast By Services, 2018-2030
11.4.4. Rest of Latin America Insurtech Market Revenue (USD Billion) and Forecast By End-Use, 2018-2030
11.5. Latin America PEST Analysis
CHAPTER 12. Middle East & Africa Insurtech Market By Country
12.1. Middle East & Africa Insurtech Market Overview
12.2. GCC
12.2.1. GCC Insurtech Market Revenue (USD Billion) and Forecast By Insurance Type, 2018-2030
12.2.2. GCC Insurtech Market Revenue (USD Billion) and Forecast By Technology, 2018-2030
12.2.3. GCC Insurtech Market Revenue (USD Billion) and Forecast By Services, 2018-2030
12.2.4. GCC Insurtech Market Revenue (USD Billion) and Forecast By End-Use, 2018-2030
12.3. South Africa
12.3.1. South Africa Insurtech Market Revenue (USD Billion) and Forecast By Insurance Type, 2018-2030
12.3.2. South Africa Insurtech Market Revenue (USD Billion) and Forecast By Technology, 2018-2030
12.3.3. South Africa Insurtech Market Revenue (USD Billion) and Forecast By Services, 2018-2030
12.3.4. South Africa Insurtech Market Revenue (USD Billion) and Forecast By End-Use, 2018-2030
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & Africa Insurtech Market Revenue (USD Billion) and Forecast By Insurance Type, 2018-2030
12.4.2. Rest of Middle East & Africa Insurtech Market Revenue (USD Billion) and Forecast By Technology, 2018-2030
12.4.3. Rest of Middle East & Africa Insurtech Market Revenue (USD Billion) and Forecast By Services, 2018-2030
12.4.4. Rest of Middle East & Africa Insurtech Market Revenue (USD Billion) and Forecast By End-Use, 2018-2030
12.5. Middle East & Africa PEST Analysis
CHAPTER 13. Player Analysis Of Insurtech Market
13.1. Insurtech Market Company Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2. New Product Launches and Product Enhancements
13.2.3. Mergers And Acquisition In Global Insurtech Market
13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14. Company Profile
14.1. Damco Group
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Financial Overview
14.1.3.1. Revenue (USD Billion), 2021
14.1.3.2. Damco Group 2021 Insurtech Business Regional Distribution
14.1.4. Product /Service and Specification
14.1.5. Recent Developments & Business Strategy
14.2. DXC Technology Company
14.3. InsuerTech Nova
14.4. Insurance Technology Services
14.5. KFin Technologies
14.6. Oscar Insurance
14.7. Majesco
14.8. Quantemplatem
14.9. Trov, Inc.
14.10. Shift Technology
14.11. Wipro Limited
14.12. ZhongAn Insurance
The market size of Insurtech market in 2021 was accounted to be USD 8.8 Billion.
The projected CAGR of Insurtech market during the analysis period of 2022 to 2030 is 39.1%.
The prominent players of the global Insurtech market include Damco Group, DXC Technology Company, InsuerTech Nova, Insurance Technology Services, KFin Technologies, Oscar Insurance, Majesco, Quantemplatem, Trov, Inc., Shift Technology, Wipro Limited, and ZhongAn Insurance.
North America held the dominating Insurtech during the analysis period of 2022 to 2030.
Asia-Pacific region exhibited fastest growing CAGR for Insurtech during the analysis period of 2022 to 2030.
Massive growth in the BFSI sector, growing digitization of insurance service models, rapidly rising number of insurance claims, and surging trend of developing more tailored user experiences drives the growth of global Insurtech market.
Based on services, managed services segment is expected to hold the maximum share of the Insurtech market.
Customer Satisfaction
Availability - we are always there when you need us
Fortune 50 Companies trust Acumen Research and Consulting
of our reports are exclusive and first in the industry
more data and analysis
reports published till date