Press release
Artificial Intelligence (AI) Insurtech to Surge with Growing CAGR of 29.2% by 2028.
The artificial intelligence (AI) insurtech market is expected to witness market growth at a rate of 29.2% in the forecast period of 2021 to 2028. Data Bridge Market Research report on AI insurtech market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the demand from various industry verticals is escalating the growth of artificial intelligence (AI) insurtech market.
Market Definition:
This artificial intelligence (AI) insurtech market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on artificial intelligence (AI) insurtech market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
The major players covered in the artificial intelligence (AI) insurtech market report are:
IBM
Microsoft
Amazon Web Services Inc.
Avaamo
Oracle
Cape Analytics, LLC
Quantemplate
Zurich
Lemonade
Trov, Inc.
Slice Insurance Technologies Inc.
Insurify, Inc.
Insurmi
Planck Resolution LTD.
Tractable Ltd.
Infosys Limited
Wipro Limited
Acko General Insurance
Shift Technology
Artificial Intelligence (AI) Market Scope and Market Size:
The artificial intelligence (AI) insurtech market is segmented on the basis of component, technology, deployment, application and sector. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of component, the artificial intelligence (AI) insurtech market is segmented into hardware, software and service.
On the basis of technology, the artificial intelligence (AI) insurtech market is segmented into machine learning and deep learning, natural language processing (NLP), machine vision and robotic automation.
On the basis of deployment, the artificial intelligence (AI) insurtech market is segmented into on-cloud and on-premise.
On the basis of application, the artificial intelligence (AI) insurtech market is segmented into claims management, risk management and compliance, chatbots and others.
On the basis of sector, the artificial intelligence (AI) insurtech market is segmented into life insurance, health insurance, title insurance, auto insurance and others.
Browse Full Report Along with Facts and Figures @ https://www.databridgemarketresearch.com/reports/global-artificial-intelligence-ai-insurtech-market
Artificial Intelligence (AI) Market Country Level Analysis:
The global artificial intelligence (AI) insurtech market is analyzed and market size, volume information is provided by country, component, technology, deployment, application and sector as referenced above.
The countries covered in the artificial intelligence (AI) insurtech market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the artificial intelligence (AI) insurtech market due to the presence of highly skilled workforce in enterprises and research and development capabilities within the region. Asia-Pacific is expected to witness highest growth during the forecast period of 2021 to 2028 because of the government initiatives supporting digitalization and growing investments on advanced technologies such as AI and IoT in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Browse DBMR Trending Report:
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About Data Bridge Market Research:
An absolute way to predict what the future holds is to understand the current trend! Data Bridge Market Research presented itself as an unconventional and neoteric market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are committed to uncovering the best market opportunities and nurturing effective information for your business to thrive in the marketplace. Data Bridge strives to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process. Data Bridge is a set of pure wisdom and experience that was formulated and framed in 2015 in Pune.
Data Bridge Market Research has more than 500 analysts working in different industries. We have served more than 40% of the Fortune 500 companies ly and have a network of more than 5,000 clients worldwide. Data Bridge is an expert in creating satisfied customers who trust our services and trust our hard work with certainty. We are pleased with our glorious 99.9% customer satisfaction rating.
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