Global IOT Insurance Market is Determined to Cross more than US$ 42.50 Billion By 2022

The IoT Insurance Market is segmented on the lines of its insurance application, insurance type and regional. Based on insurance application segmentation it covers automotive and transportation, home and commercial buildings, life and health, business and enterprise, consumer electronics and industrial machines, travel, agriculture. Based on insurance type segmentation it covers property and casualty (P&C) insurance, health insurance, life insurance, others. The IoT Insurance Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

The IOT Insurance Market is expected to exceed more than US$ 42.76 Billion by 2016 to 2022 at a CAGR of 65.89% in the given forecast period.

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The major driving factors of IoT Insurance Market are as follows:
• Developing economies implementing IOT products
• Use of IOT devices improves the insurance services
• Demand for cloud platforms and various value added services in insurance sector is growing
• Less risks related to premiums and costs

The restraining factors of IoT Insurance Market are as follows:
• Web of associated gadgets make protection concerns
• Though regulatory implications

This report provides:
1) An overview of the global market for IoT Insurance Market and related technologies.
2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2022.
3) Identifications of new market opportunities and targeted promotional plans for IoT Insurance Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

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The scope of the report includes a detailed study of global and regional markets on IoT Insurance Market with the reasons given for variations in the growth of the industry in certain regions.


Table of Contents
1 INTRODUCTION
2 Research Methodolog
3 Executive Summary
4 Market Overview
4.1 Introduction
4.2 Market Segmentation
4.2.1 IoT Insurance Market, By Insurance Type
4.2.2 Market, By Insurance Application
4.2.3 Market, By Geography
4.3 Market Dynamics
4.3.1 Drivers
4.3.1.1 Growing Adoption of Internet of Things (IoT) Products in Developed and Developing Economies
4.3.1.2 Growing Demand of Cloud Platform and Other Value Added Services in Insurance Industry
4.3.1.3 Reduction in Premium and Risk Related Costs
4.3.1.4 IoT Enabled Devices Improves the Insurance Services
4.3.2 Restraints
4.3.2.1 Communication Standards and Data Privacy Concerns
4.3.3 Opportunities
4.3.3.1 Increasing Need of Insurance for Various IoT Enabled Applications Such as Automobiles, Healthcare, Life, Home and Commercial Setors
4.3.3.2 New Developments in the Insurance Models
4.3.3.3 Data Generated From IoT Improves Business Intelligence in the Insurance Industry
4.3.3.4 Increasing Investments in IoT Insurance Startups
4.3.4 Challenges
4.3.4.1 Problem Posed By Legacy Systems, and Lack in Customer Engagement, Awareness, Skills, and Procurement Policies
4.4 Regulatory Implications
5 Industry Trends
6 IoT Insurance Market, By Insurance Type
7 IoT Insurance Market, By Insurance Application
8 IoT Insurance Market, By Geography
9 Competitive Landscape
10 Company Profile
10.1 Introduction
10.2 International Business Machines Corporation
10.3 SAP SE
10.4 Oracle Corporation
10.5 Google Inc.
10.6 Microsoft Corporation
10.7 Cisco Systems Inc.
10.8 Accenture PLC
10.9 Verisk Analytics, Inc.
10.10 Concirrus
10.11 Lexisnexis
10.12 Zonoff, Inc.

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