Europe Bancassurance Market Size to Reach US$ 766 Billion 2022-2027 | Industry CAGR of 5.4%
Bancassurance refers to the joint efforts between banks and insurance companies that enable banks to offer their customers financial products and insurance services. This business model assists banks in expanding their product portfolio and aids insurance companies in increasing their geographical presence. The most common bancassurance services include endowments, unit-linked insurance plans (ULIPs), property, and health insurance plans.
Request for a free sample copy of this report: https://www.imarcgroup.com/europe-bancassurance-market/requestsample
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Europe Bancassurance Market Trends:
The Europe bancassurance market is primarily driven by the growing financial, banking, and insurance sectors across the region. Besides this, numerous key players are engaging in merger and acquisition (M&A) activities and partnerships to create several growth opportunities in the market. In addition, a strong bancassurance strategy assists in the generation of significant incomes through management fees for the banks, retention of new and existing customers, and customization of products and services. Moreover, the market is also influenced by the agreements between multinational insurance companies and regional financial service providers. Furthermore, the rising number of brokers and agents in the European region is also anticipated to propel the market in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe bancassurance market report, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on product type and model type.
Breakup by Product Type:
Breakup by Model Type:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/europe-bancassurance-market
Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Other Related Reports By IMARC Group
United States Bancassurance Market: https://www.imarcgroup.com/united-states-bancassurance-market
India Health Insurance Market: https://www.imarcgroup.com/india-health-insurance-market
Usage-based Insurance Market: https://www.imarcgroup.com/usage-based-insurance-market
Cyber Insurance Market: https://www.imarcgroup.com/cyber-insurance-market
Health Insurance Market: https://www.imarcgroup.com/health-insurance-market
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
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 Europe Bancassurance Market Size to Reach US$ 766 Billion 2022-2027 | Industry CAGR of 5.4% here
News-ID: 2837109 • Views: 185
More Releases from IMARC Group
Bridge Construction Market To Reach US$ 1,243.7 Million by 2028 | Growth Rate (C …
According to the latest report by IMARC Group, titled "Bridge Construction Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the global bridge construction market size reached US$ 921.8 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,243.7 Million by 2028, exhibiting a growth rate (CAGR) of 4.89% during 2023-2028. Bridge construction is building a structure that spans a physical obstacle, such as
Smart Office Market To Reach US$ 83.2 Billion by 2028 | Growth Rate (CAGR) of 13 …
According to the latest report by IMARC Group, titled "Smart Office Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the global smart office market size reached US$ 39.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 83.2 Billion by 2028, exhibiting a growth rate (CAGR) of 13% during 2023-2028. A smart office is a workplace that employs technology to optimize the use
Synthetic Lubricants Market Size, Sales Estimation, Top Leading Players and Busi …
According to IMARC Group latest report titled "Synthetic Lubricants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on synthetic lubricants market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global synthetic lubricants market reached a value of US$13.7 Billion in 2021. Looking forward, IMARC Group expects the market to
Tractor Market 2023-2028, Global Size, Share, Demand, Leading Players and Indust …
According to IMARC Group's latest report, titled "Tractor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", the global tractor market is expected to exhibit a growth rate (CAGR) of 4.3% during 2023-2028. A tractor represents a specifically engineered vehicle designed to provide high torque at a slow speed. It comprises wheels, an engine, cooling, transmission, fuel, electrical and operator systems as standard components. Compared to regular trucks,
More Releases for Europe
Strategy Consulting Market 2025 | Analysis By Top Key Players: Booz & Co. , Rola …
Global Strategy Consulting Market 2019-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. The key players covered in this study McKinsey , The Boston Consulting Group , Bain & Company , Booz & Co. , Roland Berger Europe
Influenza Vaccination Market Global Forecast 2018-25 Estimated with Top Key Play …
UpMarketResearch published an exclusive report on “Influenza Vaccination market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 115 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Influenza Vaccination market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This
Global Strategy Consulting Market Research Report 2018-2025 | Global Key Player …
An up-to-date research report has been disclosed by Market Research Hub highlighting the title “Global Strategy Consulting Market Size, Status and Forecast 2018-2025” which provides an outlook for current market value as well as the expected growth of Strategy Consulting during 2018-2025. The report studies the casing heads market worldwide, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, size, growth, revenue, consumption, import and export
Strategy Consulting Market Deep Insights with Core Business Strategies 2018 - Ro …
Strategy Consulting Market report provides a vital recent industry data which covers in general market situation along with future scenario for industry around the Globe. It also consist of major data along with forecasts of a global market along with clear presentation of diagrams (charts and tables). Global strategy consulting market size status and forecast 2025 has a vast collection of market research reports concerning the software industry, its sub-sectors, and
Wearable Heart Monitoring Devices Market 2018 To 2023 – Top Leaders Beurer Gmb …
The Worldwide Wearable Heart Monitoring Devices Market is growing at a healthy rate. The major players in this market are Medtronic (U.S.), Kinetec Products UK Ltd. (South America), Beurer GmbH (Europe), Medisana AG (Europe), Briggs Healthcare (U.S.), Polar Electro (Europe), SUUNTO (Europe), Koninklijke Philips N.V. (Europe), Garmin Ltd. (Europe) and others. The Wolrdwide Wearable Heart Monitoring devices is segmented on the basis of products, type, application, and end users. On
Surgical Equipment Market 2018 Leading Manufacturer in Europe, the Middle East & …
The Europe, the Middle East & Africa Surgical Equipment Market is expected to grow at an approximate CAGR of 6.7% during the forecast period. A surgical equipment is a designed tool or device to carry out various surgical procedures so as to modifying biological tissues and to provide access for viewing them. The surgical equipment can be designed specifically for a particular surgery or it can be used as general purpose