openPR Logo
Press release

Blockchain in Insurance Market to Witness Huge Growth by 2027 - Algorithmix, Amazon Web Services, Applied Blockchain, Cambridge Blockchain, Digital Asset, Earthport, IBM, Microsoft, Oracle, SAP

03-27-2019 08:52 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Blockchain in Insurance Market to Witness Huge Growth by 2027 -

The insurance industry witnesses various obstacles & bottlenecks in their processes; blockchain helps in providing transparency, accountability, and enhanced security for saving money & time. 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.

The "Global Blockchain in Insurance Market Analysis to 2027" is a specialized and in-depth study of the blockchain in insurance industry with a focus on the global market trend. The report aims to provide an overview of the global blockchain in insurance market with detailed market segmentation by application, organization size, and geography.

Get Sample Copy of this Report @ http://bit.ly/2CI9IRN

The report enables you to-

- Formulate significant competitor information, analysis, and insights to improve R&D strategies
- Identify emerging players with potentially strong product portfolio and create effective counter strategies to gain competitive advantage
- Identify and understand important and diverse types of Blockchain in Insurance under development
- Develop market entry and market expansion strategies
- Plan mergers and acquisitions effectively by identifying major players with the most promising pipeline
- In-depth analysis of the product's current stage of development, territory and estimated launch date.

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.

Leading Key Players:

1. Algorithmix
2. Amazon Web Services
3. Applied Blockchain
4. Cambridge Blockchain
5. Digital Asset Holdings
6. Earthport PLC.
7. IBM Corporation
8. Microsoft Corporation
9. Oracle Corporation
10. SAP SE

The global blockchain in insurance market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the blockchain in insurance market.

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.

Also, key market players influencing the blockchain in insurance market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information for the last 3 years, a key development in the past five years.

Buy this Report @ http://bit.ly/2JNP2hg

Reason to Buy:

- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Blockchain in Insurance Market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Blockchain in Insurance Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

Contact Us:

Call: +1-646-491-9876
Email: sales@theinsightpartners.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Blockchain in Insurance Market to Witness Huge Growth by 2027 - Algorithmix, Amazon Web Services, Applied Blockchain, Cambridge Blockchain, Digital Asset, Earthport, IBM, Microsoft, Oracle, SAP here

News-ID: 1675405 • Views: 517

More Releases from The Insight Partners

Buyer Intent Data Tools Market Share, Demand and Analysis To 2027- 6sense Insigh …
Buyer intent refers to the probability of a customer to buy a product. Buyer intent data tools cumulate and provide context regarding when customers and prospects are interacting with a brand. These tools capture research about actual buyer journeys as well as signs of their buying intention. Organizations use buyer intent data tools to spot companies with account-based marketing campaigns, to customize website experiences for online customers, and to compute
Trade Management Software Market Will Generate New Growth Opportunities In 2027
The global trade management software market valued at US$ 712.3 Mn in 2018 and is expected to grow at a CAGR of 9.6% during the forecast period 2019 - 2027, to account to US$ 1,607.2 Mn in 2027. A Professional Survey done by The Insight partners has formulated a report titled "Trade Management Software Market", which instills a crisp idea of the influential aspects affecting the growth of the market. It
Integrated Platform Management System Market Future Forecast Assessed On The Bas …
The integrated platform management systems (IPMS) are the sophisticated control system solutions for naval vehicles such as aircraft carriers, frigates, and submarines. They control and monitor virtually every mechanical system on a ship. These systems incorporate HVAC, electrical, propulsion, auxiliary, and damage control systems in one integrated solution. The incorporation of the system also removes standalone third party control equipment reducing weight, space, and cabling and thereby delivering increased supportability
Image Analysis Software Market to 2020-2027 by Key Companies - MIPAR, PAX-it, Ol …
Worldwide Image Analysis Software Market Analysis to 2027 is a specialized and in-depth study of the Image Analysis Software industry with a focus on the global market trend. The report aims to provide an overview of global Image Analysis Software Market with detailed market segmentation by product/application and geography. The global Image Analysis Software Market is expected to witness high growth during the forecast period. The report provides key statistics

All 5 Releases


More Releases for Blockchain

Blockchain in Retail Market
Blockchain or the distributed ledger technology is serving the retail industry for transforming the product processes.There is an increasing need for transparency for the product processes and for meeting the demand by the retail industry. This has majorly driven the blockchain in retail market. Further, factors including rising need for reduction of redundant data and rising need for limiting the total cost of ownership have supplemented the demand for blockchain
Timeus blockchain 3.0
Timeus is verified blockchain that can be base of laws drafting. Smart contracts are like legal contracts, states are able to collect taxes and to monitor transactions etc. Timeus uses unique consensus, we called it proof of fortuity (POF). Every block is verified with master node which chosen randomly. Each node is low nodes cluster. Low node is allocated by consumers HDD space and low-node is backup of certain other
Blockchain Help—Services Page
Blockchain Help, since its inception, has been providing cutting-edge technology solutions and in-depth domain expertise in bitcoins, blockchain development, ICO launches and cryptocurrency development. Ably supported by an exceptionally talented and experienced team of technocrats, Blockchain Help is quickly gaining recognition as the one-stop solution to everything related to blockchain and cryptocurrencies. Why choose Blockchain Help? • 10+ years of programming expertise • Extensive experience in blockchain technology solutions across industry sectors • Competitive pricing • 3 months of
New Technology Snapshot: Blockchain
The Blockchain Technology Snapshot is a deep-dive report, developed by industry experts and thought leaders, which assesses how emerging technologies are re-shaping industrial and consumer sectors and the services. The report provides a snapshot of recent developments in the blockchain, its core uses beyond cryptos, and the emerging importance of smart contracts and distributed applications. Furthermore, the report looks at innovative companies in the blockchain area, by providing examples of
Oodles Blockchain Uses Top Blockchain Platforms To Expedite Blockchain Adoption
With an aim to leverage the blockchain technology to change the centralized system and make it decentralized, Oodles Blockchain has decided to use top blockchain platforms to develop consumer-based blockchain applications. Oodles Blockchain, a micro-website of Oodles Technologies, developed mainly to focus on blockchain technology, is delighted to announce that it will be expanding its horizon of blockchain development services by using a few latest open source blockchain platforms like
Blockchain in Insurance: MarketResearchReports.Biz
Recent research and the current scenario as well as future market potential of "Blockchain in Insurance" globally. Summary Blockchain technology, often referred to as distributed ledger technology (or DLT), is a means by which the participants in a distributed network can each maintain a copy of an immutable ledger of transactions, and where transactions can be executed without the need for a single, central, coordinating authority. We are not suggesting universal uptake of