Press release
Property Insurance Market Set to Reach $38.7 Trillion by 2031, Driven by Rising Demand for Asset Protection Solutions
Surge in digital transformation among industries, increase in the penetration of internet & mobile devices across the world, and rise in need for finance among businesses and individuals to house insurance drive the growth of the global property insurance market. Based on region, North America captured the largest share in 2021, and is likely to exhibit a noteworthy growth during the forecast period.๐๐๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ
๐๐ง๐ฌ๐ฎ๐ซ๐ ๐ฉ๐ซ๐จ๐ฆ๐ฉ๐ญ ๐๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ฒ ๐ฌ๐ฎ๐๐ฆ๐ข๐ญ๐ญ๐ข๐ง๐ ๐ฒ๐จ๐ฎ๐ซ ๐จ๐๐๐ข๐๐ข๐๐ฅ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ฆ๐๐ข๐ฅ :https://www.alliedmarketresearch.com/request-sample/A05998
According to the report published by Allied Market Research, the global property insurance market generated $15897.8 billion in 2021 and is estimated to hit $38708.5 billion by 2031, registering a CAGR of 9.5% from 2022 to 2031.
The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.
The report offers a detailed segmentation of the global property insurance market based on coverage, end user, application, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.
Based on coverage, the fire and theft segment accounted for more than one-fourth of the overall property insurance market in 2021, and is projected to lead the trail by the end of 2031. However, the floods and earthquake segment is expected to grow at the fastest CAGR of 11.7% in 2031. The report also analyzes segments such as house damage, personal property, and others.
Based on end user, the landlords segment contributed to nearly two-fifths of the global property insurance market in 2021, and is expected to maintain its dominance through 2031. However, the renters segment is likely to garner the fastest CAGR of 11.5% during the forecast period. The report also discusses the homeowners and others segments.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง
๐๐ ๐จ๐๐๐๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ฌ ๐ฉ๐๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ซ๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ:
https://www.alliedmarketresearch.com/request-for-customization/A05998
Based on application, the personal segment captured the largest share of nearly two-thirds of the global property insurance market in 2021, and is likely to exhibit a noteworthy growth during the forecast period. However, the enterprise segment is expected to display a CAGR of 10.6% during the forecast period.
Based on region, the market across North America contributed to nearly two-fifths of the total property insurance market in 2021, and is expected to maintain its dominance during the forecast period. Asia-Pacific, on the other hand, would grow at the fastest CAGR of 11.4% from 2022 to 2031. The other two provinces discussed in the report include Europe and LAMEA.
The key market players analyzed in the global property insurance market report include Admiral Group Plc, Allianz, Allstate Insurance Company, American International Group, Inc., AXA,Chubb, Liberty Mutual Insurance, PICC, State Farm Mutual Automobile Insurance Company, and Zurich.
The report analyzes these key players of the global property insurance market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every market player.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the global property insurance market forecast along with current & future trends to explain the imminent investment pockets.
Information about key drivers, restraints, & opportunities and their impact analysis on global property insurance market trends is provided in the report.
Porter's five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
The quantitative analysis of the market from 2022 to 2031 is provided to determine the market potential.
๐๐ฎ๐ฒ ๐๐จ๐ฐ:
https://www.alliedmarketresearch.com/checkout-final/11f0c409ce56d71bfa0f8a3a0484e772
Key Market Segments
Coverage
Fire and Theft
House Damage
Floods and Earthquake
Personal Property
Others
End User
Landlords
Homeowners
Renters
Others
Application
Personal
Enterprise
By Region
North America (U.S., Canada)
Europe (UK, Germany, France, Italy, Spain, Netherlands, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Australia, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ :
Personal Loans Market https://www.alliedmarketresearch.com/personal-loans-market-A07580
Payment processing solution Market https://www.alliedmarketresearch.com/payment-processing-solution-market
Insurtech Market https://www.alliedmarketresearch.com/insurtech-market-A12373
U.S. Extended Warranty Market https://www.alliedmarketresearch.com/us-extended-warranty-market-A11844
Trade Surveillance System Market https://www.alliedmarketresearch.com/trade-surveillance-system-market-A11313
Florida Digital Lending Market https://www.alliedmarketresearch.com/florida-digital-lending-market-A11092
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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 Property Insurance Market Set to Reach $38.7 Trillion by 2031, Driven by Rising Demand for Asset Protection Solutions here
News-ID: 3733853 • Views: โฆ
More Releases from www.alliedmarketresearch.com
Pet Insurance Market Soars: Projected to Hit $38.3 Billion by 2033 as Demand for โฆ
According to a new report published by Allied Market Research, titled, "Pet Insurance Market, By Policy Coverage (Accident Only, Accident and Illness, and Others), By Animal Type (Dogs, Cats, and Others), and By Sales Channel (Agency, Broker, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033". The pet insurance market was valued at $10.10 billion in 2023, and is estimated to reach $38.3 billion by 2033, growing at a CAGRโฆ
Manual Spray Guns Market to Hit $2.6 Billion by 2032 | Key Growth Drivers & Oppo โฆ
Prime determinants of growth
The demand for manual spray guns, which are mostly used for painting consumer durables, has increased because of this need, particularly in developing nations like India, China, and Vietnam. Additionally, there is a greater need for manual spray guns from car manufacturers due to the rising demand for automobiles around the world, particularly in industrialized nations like Europe and North America.
Download PDF Sample Report: www.alliedmarketresearch.com/requestโฆple/111362
Due toโฆ
Hygienic Cladding Market Poised for Growth: Global Trends & Opportunities 2023-2 โฆ
According to the report, the global hygienic cladding market generated $2.8 billion in 2022, and is anticipated to generate $6 billion by 2032, rising at a CAGR of 8.3% from 2023 to 2032.
Prime Determinants of Growth
The increased awareness & demand for health-related products, the increasing need for safe & healthy environments in healthcare facilities, and hygienic wall cladding's affordability & durability than traditional tiling methods are the factors expected toโฆ
AI in Insurance Market Poised to Reach $45.74 Bn Globally by 2031, Soaring at a โฆ
Global Opportunity Analysis and Industry Forecast, 2021-2031". According to the report, the global AI in insurance industry generated $2.74 billion in 2021, and is anticipated to generate $45.74 billion by 2031, witnessing a CAGR of 32.5% from 2022 to 2031.
โก๏ธ๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ & ๐๐๐ : https://www.alliedmarketresearch.com/request-sample/A11615
Higher deployment cost of AI, advanced machine learning, and lack of skilled labor hamper the market growth. On the contrary, surge in government initiativesโฆ
More Releases for Based
Electromagnetic Weapons Market : Land-Based, Air-Based, and Sea-Based 2021-2030
The global electromagnetic weapons market was valued at $350.0 million in 2020, and is projected to reach $2,060.1 million by 2030, registering a CAGR of 19.7% from 2021 to 2030.
Access Free sample PDF Copy of the Report - https://www.alliedmarketresearch.com/request-sample/15793
On the basis of platform, the electromagnetic weapons market is segregated into land-based, air-based, and sea-based. In 2020, the sea-based segment dominated the market. Developed nations such as the U.S. have startedโฆ
Battery Management System Market : Lithium-Ion Based, Lead-Acid Based, Nickel-Ba โฆ
The global battery management system market generated $5.81 billion in 2019, and is estimated to reach $24.83 billion by 2027, registering a CAGR of 20.2% from 2020 to 2027 by Battery Type (Lithium-Ion Based, Lead-Acid Based, Nickel-Based, and Others), Topology (Centralized, Distributed, and Modular), and Application (Automotive, Telecommunication, Consumer Electronics, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027
Download Report Sample : https://www.alliedmarketresearch.com/request-sample/7002
COVID-19 Scenario :
The manufacturers have stopped theโฆ
Higher Education Game-based Learning Market By Type (Rognitive Ability-Based Gam โฆ
On a global scale, the Higher Education Game-based Learning market is currently showing significant development. The innovative methods and market study have helped many of the major players McGraw-Hill Education, PlayGen, Toolwire, Totem Learning, Lumos Labs, Triseum, Designing Digitally, Forio, Innovative Dutch, LearningWare to carve a name for themselves in the competitive global market. The Higher Education Game-based Learning market is experiencing a massive growth velocity due to the newโฆ
Hardware Security Modules Market by Type LAN Based, PCIE Based, USB Based
Hardware Security Modules Market is expected to witness high growth during the forecast period.The hardware security modules market was valued at USD 520.3 Million in 2016 and is expected to reach USD 1,101.2 Million by 2022, at a CAGR of 12.87% during the forecast period. The base year considered for the study is 2016, and the forecast for the market size is provided for the period between 2017 and 2022.
Factorsโฆ
Meat Substitute Market by Product Type (Tofu-based, Tempeh-based, TVP-based, Sei โฆ
The global meat substitute market size was valued at $7.5 billion by 2025, registering a CAGR of 7.7% during the forecast period (2018-2025). Meat is an excellent source of protein but contains high level of cholesterol and saturated fats. Individuals who consume it on a regular basis are more prone to develop health problems such as obesity and atherosclerosis.
Get Sample@ https://www.researchbeam.com/meat-substitute-market/request-sample
Meat substitutes are products that resemble actual meat inโฆ
Green & Bio-based Solvents Market Analysis, Demand, & Opportunities till 2023 | โฆ
A latest research report titled as โGreen & Bio-based Solvents Market for Paints & Coatings, Printing Inks, Commercial & Domestic Cleaning, Adhesives & Sealants, Pharmaceutical, Cosmetics, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023โ has been recently added to the vast portfolio of Market Research Reports Search Engine (MRRSE) online research offerings. This report is a professional and in-depth analysis on theโฆ
