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Blockchain in Insurance Market Demand and Key Players by 2027: Algorithmix, Amazon Web Services, Applied Blockchain, Cambridge Blockchain

01-28-2019 01:26 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsWeb

ReportsWeb

ReportsWeb

Blockchain in Insurance Market to 2027 - Global Analysis and Forecasts by Application (Death & Claim Management, Payment Management, GRC Management, Identity & Fraud Management, Smart Contracts, and Others) and Organization Size (Large Enterprise and Small & Medium Enterprises)

Blockchain helps reduce administrative costs through automated verification of claims/payments data from third parties. Now, insurance companies can quickly view past claims transactions registered on blockchain for easy reference.  Blockchain can ensure that they are rebalancing their exposures against specific risks

Blockchain or the distributed ledger technology has progressively served the financial services industry for transforming the data security. There is an increasing need for streamlining the processes and for meeting the demand by the insurance industry. This has majorly driven the blockchain in insurance market. Further, factors including rising number of fraudulent claims of insurance and increasing need for efficient & secured systems have supplemented the demand for blockchain in the insurance industry. However, lack of universal standards is impeding the growth of the market to a considerable extent. Proliferation of IoT is anticipated to create growth opportunities for the blockchain in insurance market.

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Companies Profiled in this report includes: Algorithmix, Amazon Web Services, Applied Blockchain, Cambridge Blockchain, Digital Asset Holdings, Earthport PLC., IBM Corporation, Microsoft Corporation, Oracle Corporation, and Sap SE among others.

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

Besides this, the report analyzes factors affecting blockchain in insurance market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis. Further, the report also includes ecosystem analysis for the blockchain in insurance market.

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Table of Content:

1.INTRODUCTION
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.BLOCKCHAIN IN INSURANCE MARKET LANDSCAPE
5.BLOCKCHAIN IN INSURANCE MARKET - KEY INDUSTRY DYNAMICS
6.BLOCKCHAIN IN INSURANCE MARKET - GLOBAL MARKET ANALYSIS
7.BLOCKCHAIN IN INSURANCE MARKET REVENUE AND FORECASTS T-2027 - APPLICATION
8.BLOCKCHAIN IN INSURANCE MARKET REVENUE AND FORECASTS T-2027 - GEOGRAPHICAL ANALYSIS
9.NDUSTRY LANDSCAPE
BLOCKCHAIN IN INSURANCE MARKET, KEY COMPANY PROFILES
10.1. ALGORITHMIX

10.1.1. Key Facts

10.1.2. Business Description

10.1.3. Products & Services

10.1.4. Financial Overview

10.1.5. SWOT Analysis

10.1.6. Key Developments

10.2. AMAZON WEB SERVICES

10.2.1. Key Facts

10.2.2. Business Description

10.2.3. Products & Services

10.2.4. Financial Overview

10.2.5. SWOT Analysis

10.2.6. Key Developments

10.3. APPLIED BLOCKCHAIN

10.3.1. Key Facts

10.3.2. Business Description

10.3.3. Products & Services

10.3.4. Financial Overview

10.3.5. SWOT Analysis

10.3.6. Key Developments

10.4. CAMBRIDGE BLOCKCHAIN

Complete Report: https://www.reportsweb.com/buy&RW00012454281/buy/4550

Contact Info:
Name: Sameer Joshi
Email: sales@reportsweb.com
Company Name: ReportsWeb
Website: Reportsweb.com

Phone: +1-646-491-9876

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About ReportsWeb:                   

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