Press release
Insurtech Market Rewriting Long Term Growth Story: Oscar Health, Root Insurance, Metromile
According to HTF Market Intelligence, the Global Insurtech market to witness a CAGR of 32.79% during forecast period of 2023-2028. InsurTech Comprehensive Study by Type (Life Insurance, Health Insurance, Property and Casualty Insurance, Others), Application (Automotive, BFSI, Manufacturing, Government, Healthcare, OThers), Technology (Blockchain, Cloud Computing, IoT, Others), Service (Consulting, Managed services, Support & maintenance) Players and Region - Global Market Outlook to 2030. The Insurtech market size is estimated to increase by USD 49.88 Billion at a CAGR of 32.79% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 5.48 Billion.Gain more insights into the market size, Request a Sample Report @ https://www.htfmarketintelligence.com/sample-report/global-insurtech-market
Insurtech refers to the use of technology and innovation to improve the efficiency, customer experience, and overall performance of the insurance industry.
Insurtech market - Key Segment Analysis
The market share growth by the Life Insurance segment will be significant during the forecast period. The segment is driven by the Empowers Customers to Take Control of Their Insurance
Insurtech market - Competition Analysis
The global Insurtech market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints to new territory. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward new growth cycle. The list of players that are profiled in the study are Oscar Health (United States), ZhongAn Online P&C Insurance Co. Ltd. (China), Root Insurance (United States), Metromile (United States), Policybazaar (India), Hippo Insurance (United States), Wefox Group (Germany), Bright Health (United States), Next Insurance (United States), Kin Insurance (United States), Trov (United States).
Buy Latest Edition of Insurtech Market Study Now @ https://www.htfmarketintelligence.com/buy-now?format=1&report=3242
Insurtech market - Geographical Outlook
Asia Pacific will provide maximum growth opportunities in Insurtech market. According to our research, the region will account for xx% of the global market growth during the forecast period. The market in Asia Pacific is driven by Digitization of Processes and Personalization of Premiums.
Download a Sample of Latest Edition of Insurtech Market to see inside scoop and key points on various market segments and impact analysis in years to come.
Have Any Query? Ask Our Expert @ https://www.htfmarketintelligence.com/enquiry-before-buy/global-insurtech-market
What key data is demonstrated in this Insurtech market report?
• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the Insurtech market between 2023 and 2028
• Precise estimation of the size of the Insurtech market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behaviour
• Value in dollar term and growth of the market industry across APAC, Europe, North America, South America, and Middle East and Africa; further broken down by major country within region.
• Thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of Insurtech market players
Get Detailed TOC and Overview of Report @ https://www.htfmarketintelligence.com/report/global-insurtech-market
Some Extracts from Table of Content
Some Extracts from Table of Content
- Overview of Insurtech Market
- Market dynamics
Growth Drivers, Market Trends, Opportunities and Challenges
- Five Forces Analysis
Bargaining power of buyers, bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry
- Insurtech Size (USD & Sales Volume) Comparison by Type (2017-2028)
- Insurtech Size (USD & Consumption) and Market Share Comparison by Application (2017-2028)
- Insurtech Size (Value & Volume) Comparison by Region (2017-2028)
- Market Capacity, Production, Export-Import by Region (2017-2022E)
- Insurtech Market Sales, Revenue and Growth Rate (2017-2028)
- Competitive Situation and Trends
- Market Positioning and Share Analysis (2020-2022E)
- Suppliers High-Performance Operational Base Distribution
- Analyse competitors, Profiles, Sales Area, Product Category
- Insurtech Cost Analysis
- Marketing Strategy Analysis
- Research Conclusions
Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketintelligence.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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