Press release
Global Insurtech Market Report 2022: Industry Growth Analysis, Industry Trends And Latest Opportunities, Top Key Players Are Quantemplate Limited, Oscar Health, Shift Technologies Inc, ZhongAn, Trov Inc., Neos, Clover Health
The global insurtech service market size is expected to grow from $8.07 billion in 2021 to $10.42 billion in 2022 at a compound annual growth rate (CAGR) of 29.2%. The change in the insurtech market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The insurtech service market is expected to reach $29.75 billion in 2026 at a CAGR of30%.The Business Research Company offers the Insurtech Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
Directly Purchase The Report Here: https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5581
The insurtech market consists of sales of insurtech solutions and services by entities (organizations, sole traders, and partnerships) that integrate the traditional insurance industry with modern technologies. The term insurtech refers to the application of technological innovations to extract cost and efficiency from the current insurance industry model. Insurtech intends to collect information from a variety of sources, including automotive GPS tracking and activity trackers on wristwatches. The information gathered can be utilized to create more precisely defined risk groups, allowing for more competitive pricing of products.
Some key insurtech market players are Quantemplate Limited, Oscar Health, Shift Technologies Inc, ZhongAn, Trov Inc., Neos, Acko General Insurance, Lemonade Inc., Metromile Inc., Damco Group, DXC Technology, Insurance Technology Services, Majesco, Bauxy, Anorak Technologies, Moonshot-Internet, and KFin Technologies Private Limited
The countries covered in the global insurtech market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global insurtech market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Insurtech Market Segmentation:
By Product
1. Health Insurance
2. Life Insurance
3. Travel Insurance
4. Car Insurance
5. Business Insurance
6. Home Insurance
By Technology
1. Blockchain
2. Cloud Computing
3. IoT
4. Machine Learning
5. Robo Advisory
By Offering
1. Solutions
2. Services
By Deployment
1. On-Premise
2. Cloud
By Application
1. Automotive Industry
2. Banking and Financial Services
3. Government Sector
4. Healthcare Industry
5. Manufacturing Industry
6. Retail Industry
See More On The Report At https://www.thebusinessresearchcompany.com/report/insurtech-global-market-report
The Report’s Table Of Contents includes
1. Executive Summary
2. Insurtech Market Characteristics
3. Insurtech Market Trends And Strategies
4. Impact Of COVID-19 On Insurtech
5. Insurtech Market Size And Growth
....
26. Africa Insurtech Market
27. Insurtech Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Insurtech Market
29. Insurtech Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the insurtech market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that excels in company, market, and consumer research. It has published over 3000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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