Press release
IoT Insurance Market Is Thriving Worldwide 2019 with Auto Insurance – Report Focuses on Technological Advancements, Competitive Analysis and Top Players like Accenture, Cognizant, Oracle, Hippo Insurance, IBM, Zonoff, LexisNexis, Capgemini, Lemonade, SA
Internet of Things (IoT) Insurance offers an opportunity for insurers to partner with policyholders with a full view of the policyholder, it minimizes risk in real time and lowers the claims payouts for the insurer and provides a deep level of satisfaction to the policyholders. The Internet of Things (IoT) market and the smart city market is showing rapid growth. Thus, demand IoT insurance is increasing rapidly. Using IoT insurance, the insurers can utilize the data derived from all types of devices as well as external sources, such as weather data and provide the best level of protection possible for their policyholders.The Global IoT Insurance Market Estimated to grow at a CAGR of +62% during forecast period.
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IoT has a huge impact on auto insurance industries. The growing adoption of IoT-enabled devices in Global Positioning Systems (GPS), in-built sensors, and other detectors would increase the need for new IoT-based technologies in the insurance industry to gather data such as speed, braking pattern, and other driving behavior. Also, the IoT platforms offer quick access to the underwriting process and claim management for the insurer. These benefits contribute to the growth of the market for automobile and transportation in the IoT insurance market.
Companies Profiled in this Report includes:
• Accenture (Ireland)
• Cognizant (U.S.)
• Oracle Corporation (U.S)
• Hippo Insurance (U.S.)
• IBM Corporation (U.S.)
• Zonoff Inc. (U.S.)
• LexisNexis (U.S.)
• Capgemini (France)
• Lemonade Inc. (U.S.)
• SAP SE (Germany)
• And, others...
After studying key companies, the report focuses on the startups contributing towards the growth of the market. Possible mergers and acquisitions among the startups and key organizations are identified by the report's authors in the study. As leading companies take efforts to maintain their dominance in the global IoT Insurance market, the right way to do so is by adopting new technologies and strategies. The report highlights major technological developments and changing trends adopted by key companies over a period of time. For a stronger and more stable business outlook, the report on the global market carries key projections that can be practically studied.
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Study Objectives of Internet of Things (IoT) Insurance market:
• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Internet of Things (IoT) Insurance market.
• To provide insights about factors affecting the market growth.
• To analyze the Internet of Things (IoT) Insurance market based porter’s five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
• To provide country level analysis of the market with respect to the current market size and future prospective.
• To provide country level analysis of the market for segment on the basis of type and end-user.
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Internet of Things (IoT) Insurance
Table of Contents
Global IoT Insurance Market Research Report
Chapter 1 IoT Insurance Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Continue for TOC….
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