Press release
Global IoT Insurance Market Growth Rate by 2024 – Research on Top Key Players SAP SE, Google Inc., Cisco Systems, Concirrus, IBM, Microsoft, Oracle, Accenture, LexisNexis, VERISK ANALYTICS, Others
IoT Insurance Market – Industry Trends and Forecast to 2024
IoT Insurance Market study with depth analysis, describing about the Service & Industry demand and explain market outlook and status to 2024. The market Study is segmented by key regions which are accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are dominating the Market by its Growth, Share Values and Many More.
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Global IoT Insurance Market – By Insurance Type (Life Insurance, Health Insurance, P&C Insurance), Insurance Application (Life & Health, Automotive & Transportation, Consumer Electronics & Industrial Machines, Home & Commercial Buildings, Travel, Business & Enterprise, Agriculture), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
Global IoT Insurance Market Company Analysis:
• SAP SE
• Google Inc.
• Cisco Systems
• Concirrus
• IBM
• Microsoft
• Oracle
• Accenture
• LexisNexis
• VERISK ANALYTICS
• Zonoff, Inc.
The global IoT insurance market accounted for USD 2.07 billion in 2016 and is projected to grow at a CAGR of 65.82% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Market Segmentation:
On the basis of insurance type:
• Life Insurance
• Health Insurance
• Property and Casualty (P&C) Insurance
• Other
On the basis of insurance application:
• Life and Health
• Automotive and Transportation
• Consumer Electronics and Industrial Machines
• Home and Commercial Buildings
• Travel
• Business and Enterprise
• Agriculture
On the basis of geography:
• North America
• South America
• Europe
• Asia-Pacific
• Middle East and Africa
Some of the major countries covered in this report are:
• U.S., Canada
• Germany
• France
• U.K.
• Netherlands
• Switzerland
• Turkey
• Russia
• China
• India
• South Korea
• Japan
• Australia
• Singapore
• Saudi Arabia
• South Africa
• Brazil
• Among others.
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Competitive Landscape:
The global IoT insurance market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
Major Market Drivers:
• Improvement in the insurance model as well as startups
• Rising adoption in both developed and developing economy
• Increasing demand regarding value added services and cloud platform
Major Market Restraints:
• Risk of data privacy
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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