openPR Logo
Press release

Wearable Tech in Insurance Market to Witness Huge Growth by 2025 | Saga, Swinton, Staysure

Wearable Tech in Insurance

Wearable Tech in Insurance

HTF Market Intelligence released a new research report of 39 pages on title 'Wearable Tech in Insurance - Thematic Research' with detailed analysis, forecast and strategies. The study covers key regions that includes North America, Europe or Asia and important players such as Saga, Hastings Direct, RAC, Staysure, CoverForYou, Aon, Swinton

Request a sample report @ https://www.htfmarketreport.com/sample-report/2054800-wearable-tech-in-insurance-thematic-research

Summary

This report provides an in-depth analysis of the wearable tech insurance market. It looks at market size as well as claims, contextual and economic factors, regulations, and opportunities. It provides a thorough overview of the market alongside analysis of how the development of wearable technology will impact the insurance value chain.

By giving insurers access to detailed biometric and activity data from policyholders, wearable tech has the potential to bring about considerable opportunities for providers. These include enhancing underwriting accuracy, preventing claims, and increasing customer engagement across a number of different products.

The rise in popularity of health and wellness trends has propelled wearable devices into the mainstream. This has provided the insurance industry with an opportunity to target individuals with products that are aligned with enhancing their health and wellbeing while also providing the same elements of cover as traditional policies. Despite wearable tech offering considerable opportunities for the insurance industry, there are also risks that must be considered when incorporating devices into insurance policies. Above all, policyholders' fears around the sharing of personal data must be addressed in order for the impact of wearable tech to be sustained.

Scope

- Wearable tech will impact the insurance industry across both general and life insurance markets.
- The initial use of wearable tech will be in the gamification of policies, rewarding policyholders for achieving pre-determined goals with the aim of reducing their risk.
- The use of data gathered through wearables to personalize premiums and policies will take some time to materialize, given insurers' reservations surrounding the accuracy of the data.

Reasons to buy

- Benchmark yourself against the rest of the market.
- Ensure you remain competitive as new innovations and insurance models begin to enter the market.
- Be prepared for how regulation will impact the use of wearable tech in insurance over the next few years.

Buy this report @ https://www.htfmarketreport.com/buy-now?format=1&report=2054800
Companies Mentioned in the Report

Saga
Hastings Direct
RAC
Staysure
CoverForYou
Aon
Swinton
Age UK
Bought By Many
Aviva
Legal & General
Zurich
Royal London
Allianz
Animal Friends
Direct Line
Admiral
AIG
Chubb
AXA
Bupa
Vitality
More Than
PartnerRe
SCOR
John Hancock
Oscar
Apple
Fitbit
Garmin
Samsung
Microsoft
Xiaomi
Sony
HTC
Fitsense
PitPat
Phillips
Life.io
iRhythm
Senseonics
PetPace
Vivametrica
dacadoo
Verily
Strava
Huawei

Get Customization in the Report, Enquire Now @ https://www.htfmarketreport.com/enquiry-before-buy/2054800-wearable-tech-in-insurance-thematic-research

Table of Contents
PLAYERS
TECHNOLOGY BRIEFING
TRENDS
Technology trends
Macroeconomic trend

....Continued

Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA - 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com

About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the "Accurate Forecast" in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their "Goals & Objectives".

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 Wearable Tech in Insurance Market to Witness Huge Growth by 2025 | Saga, Swinton, Staysure here

News-ID: 1969519 • Views: 159

More Releases from HTF Market Intelligence Consulting Pvt. Ltd.

Bug Bounty Platforms Market Is Booming Worldwide with Bugcrowd, Synack, HackerOn …
Latest Market intelligence report released by HTF MI with title "Covid-19 Impact on Global Bug Bounty Platforms Market Size, Status and Forecast 2020-2026" is designed covering micro level of analysis by manufacturers and key business segments. The Covid-19 Impact on Global Bug Bounty Platforms Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics
Outbound Marketing Services Market - Current Impact to Make Big Changes | WebiMa …
Latest Market intelligence report released by HTF MI with title "COVID-19 Impact on Global Outbound Marketing Services Market Size, Status and Forecast 2020-2026" is designed covering micro level of analysis by manufacturers and key business segments. The COVID-19 Impact on Global Outbound Marketing Services Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics
Business Process Management (BPM) Solutions Market SWOT Analysis by Key Players: …
A new business intelligence report released by HTF MI with title "COVID-19 Impact on Global Business Process Management (BPM) Solutions Market Size, Status and Forecast 2020-2026" is designed covering micro level of analysis by manufacturers and key business segments. The COVID-19 Impact on Global Business Process Management (BPM) Solutions Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived
Business Card Designer Market Worth Observing Growth: EDrawSoft, Fuzzyatom Labs, …
A new business intelligence report released by HTF MI with title "COVID-19 Impact on Global Business Card Designer Market Size, Status and Forecast 2020-2026" is designed covering micro level of analysis by manufacturers and key business segments. The COVID-19 Impact on Global Business Card Designer Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary

All 5 Releases


More Releases for Wearable

Wearable Translator Market 2025 |
Market Overview: Wearable Translator supports real-time speech conversion. The technology associated with the wearable translator does not depend on any type of internet connection like the old conventional type of translators in which a person has to download the app and then different languages as per the requirement which takes up much of the space from the memory of the cell phone.The wearable translator has a resounding battery life of 24
Wearable Computing Glasses Market
https://www.qandqmarketresearch.com/reports/7293838/wearable-computing-glasses-market-6 Wearable Computing Glass is a device that comprises a small display positioned in front of the wearer’s eye in order to provide virtual information regarding the environment. The global Wearable Computing Glasses market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 20192025. The objectives of this study are to define, segment, and
Wearable Technology Market
Global Wearable Technology Market: Snapshot Growing demand for wearable devices has increased in various countries. Hardware and software components are driving the demand in the wearable technology market owing to a rise in the use of advanced technologies. High preference for maintaining physical fitness has increased the need for wearable technology. This market has gained immense popularity by introducing innovative technologies and expanding its boundaries by offering new types of wearable
Wearable Technology Market
Wearable technology is gaining popularity at a rapid pace, and it has gone beyond just connected eyewear and smartwatches with new products such as wrist bands, smart shoes, smart apparels, and more. Companies are creating apparel, accessories, and fitness wear that can do everything from monitoring heart rate to charging a smartphone. Scope of the Report: This report focuses on the Wearable Technology in Global market, especially in North America, Europe and
Wearable Technology Forecasts: 2016 – 2030
The “Wearable Technology Ecosystem: 2016 - 2030 – Opportunities, Challenges, Strategies, Industry Verticals & Forecasts” report presents an in-depth assessment of the wearable technology ecosystem including key market drivers, challenges, investment potential, consumer & vertical market opportunities, use cases, future roadmap, value chain, case studies, vendor market share and strategies. The report also presents forecasts for wearable device shipments and revenue from 2016 through to 2030. The forecasts are further
Wearable Sensor Market - Rising Demand for Technically Advanced Wearable Devices
Wearable sensors are an important component of wearable technology that are embedded in smart wearable devices to monitor several parameters such as temperature, blood pressure, speed, and muscle activity. The wearable sensors ensure that the data is monitored and stored for our better understanding of physical health and fitness. Recently, these sensors became increasingly popular attributed to the growing demand for smart wearable technology based devices. They are used in various