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Insurtech Market Size - Global Industry, Share, Analysis, Trends and Forecast 2022 - 2030

Published : Dec 2022

Report ID: ARC3100

Pages : 250

Format : Insurtech Market Size - Global Industry, Share, Analysis, Trends and Forecast 2022 - 2030

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

Frequently Asked Questions

What is the size of global Insurtech market in 2021?

The market size of Insurtech market in 2021 was accounted to be USD 8.8 Billion.

What is the CAGR of global Insurtech market during forecast period of 2022 to 2030?

The projected CAGR of Insurtech market during the analysis period of 2022 to 2030 is 39.1%.

Which are the key players operating in the market?

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.

Which region held the dominating position in the global Insurtech market?

North America held the dominating Insurtech during the analysis period of 2022 to 2030.

Which region registered the fastest growing CAGR for the forecast period of 2022 to 2030?

Asia-Pacific region exhibited fastest growing CAGR for Insurtech during the analysis period of 2022 to 2030.

What are the current trends and dynamics in the global Insurtech market?

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.

Which services held the maximum share in 2021?

Based on services, managed services segment is expected to hold the maximum share of the Insurtech market.

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