One Stop Solution For In-Depth Market Research Reports

詳細な市場調査レポートのワンストップソリューション

Home    >    ICT AND TELECOM   >   Insurtech Market

インシュアテック市場市場ー業界洞察、主要プレーヤー・企業別、成長機会別、最新傾向別、開発別、主要な成長ドライバー別、主要な課題別によってセグメンテーション、予測 2028年


[ 英語タイトル ] Insurtech Market by Technology (AI & Machine Learning, IoT, Blockchain, and Others), Product (Life Insurance and Property & Casualty Insurance), Distribution Channel (Full Stack Insurers, Agents, and Brokers), and Regional Analysis (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2021–2028


Product Code : RDICT00116267
Survey : Research Dive
Publish On : December, 2021
Category : ICT and Telecom
Report format : PDF
Sales price option (consumption tax not included)
Single User USD5700 / Question Form
5 User USD8700 / Question Form
Enterprise User USD10700 / Question Form
American Well Corporation, Acko General insurance, Clover Health, Damco Group, Majesco, Oscar Insurance, Quantemplate, Shift Technology, Trov Insurance Solutions, LLC, and Zhongan Insurance.

[Report Description]

According to Research Dive analysis, the global insurtech market is estimated to generate a revenue of $57,934.0 million by 2028, increasing from $7,841.0 million in 2020, at a CAGR of 29.1%.

Impact Analysis of COVID-19 on the Global Insurtech Market:
During the Covid-19 pandemic, the global market for insurtech experienced a significant impact. Businesses all across the world are working to improve their competitiveness and market value so that they may plan for the pandemic. To prevent the spread of viruses, businesses and customers avoid physical contact. Artificial intelligence, blockchain, and other user-friendly insurance technology will benefit from these steps. As a result, during the corona virus pandemic, the need for insurtech solutions has risen dramatically.

Insurtech Market Analysis:
As a result of altering business models, insurance companies are utilizing innovative digital solutions to expand their operations and create product lines based on niche client demand, contributing significantly to market growth. Integration of technologies like cloud computing, artificial intelligence, and blockchain is becoming a significant factor for loss prediction and prevention, risk monitoring, and claims processing, and is predicted to create profitable possibilities for insurtech market growth in the next years.
One of the most significant difficulties for digitally-based businesses is the issue of privacy. Many people are concerned about how their personal information is collected, how it is utilized, and whether it is sold simply for profit. Anti-rebating legislation, which prevents insurers from providing any services other than insurance, is another cause of concern. This issue is critical since some insurtech apps offer direct robo-advisors or virtual agents, which require separate licensure.
As certain insurers adopt new business models, developing economies give tremendous opportunities for insurtech solution suppliers to expand their products. Furthermore, the need for specialized and customized insurance continues to grow, hastening the adoption of insurtech by insurance companies. By providing advanced services, such as simple and effective insurance plans with lower premium rates, the use of technology is aimed at increasing consumer trust and increasing the company's value. Furthermore, the insurtech industry is likely to give a variety of opportunities during the forecast period as a result of government regulation mandating insurtech.
Based on technology, the insurtech market has been segmented into AI & machine learning, IoT, blockchain, and others of which the AI & machine learning sub-segment is projected to generate the maximum revenue during the forecast period.
The AI & Machine learning sub-segment is predicted to register a revenue of $26,481.8 million during the forecast period.
Based on product, the market has been bifurcated into life insurance and property & casualty insurance sub-segments of which the property & casualty insurance sub-segment is projected to generate highest revenue during the forecast period.
The property & casualty insurance sub-segment is anticipated to generate a revenue of $32,859.4 million by 2028, growing from $4,667.2 million in 2020, with a CAGR of 28.3%.
Based on distribution channel, insurtech market is divided into full stack insurers, agents, and brokers. Among these, brokers sub-segment is expected to generate highest revenue.
It is predicted that the market shall generate a revenue of $24,737.1 million by 2028, growing from $3,430.0 million in 2020, with a CAGR of 28.7%.
Based on geographical scope, the market was investigated across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is anticipated to be the fastest growing market during the forecast time period and reach $13,689.8 million by 2028, with a CAGR of 30.2%.
The companies involved in the global insurtech market are American Well Corporation, Acko General insurance, Clover Health, Damco Group, Majesco, Oscar Insurance, Quantemplate, Shift Technology, Trov Insurance Solutions, LLC, and Zhongan Insurance.

1.Research Methodology

1.1.Desk Research
1.2.Real time insights and validation
1.3.Forecast model
1.4.Assumptions and forecast parameters

1.4.1.Assumptions
1.4.2.Forecast parameters

1.5.Data sources

1.5.1.Primary
1.5.2.Secondary

2.Executive Summary

2.1.360° summary
2.2.By Technology type trends
2.3.By Product type trends
2.4.By Distribution Channel trends

3.Market overview

3.1.Market segmentation & definitions
3.2.Key takeaways

3.2.1.Top investment pockets
3.2.2.Top winning strategies

3.3.Porter’s five forces analysis

3.3.1.Bargaining power of consumers
3.3.2.Bargaining power of suppliers
3.3.3.Threat of new entrants
3.3.4.Threat of substitutes
3.3.5.Competitive rivalry in the market

3.4.Market dynamics

3.4.1.Drivers
3.4.2.Restraints
3.4.3.Opportunities

3.5.Distribution Channel landscape
3.6.Regulatory landscape
3.7.Patent landscape
3.8.Pricing overview

3.8.1.by Technology type
3.8.2.by Product type
3.8.3.By Distribution Channel type

3.9.Market value chain analysis

3.9.1.Stress point analysis
3.9.2.Raw material analysis
3.9.3.Manufacturing process
3.9.4.Distribution Channel analysis
3.9.5.Operating vendors

3.9.5.1.Raw material suppliers
3.9.5.2.Product manufacturers
3.9.5.3.Product distributors

3.10.Strategic overview

4.Insurtech Market, by Technology type

4.1.AI & Machine Learning

4.1.1.Market size and forecast, by region, 2020-2028
4.1.2.Comparative market share analysis, 2020 & 2028

4.2.IoT

4.2.1.Market size and forecast, by region, 2020-2028
4.2.2.Comparative market share analysis, 2020 & 2028

4.3.Blockchain

4.3.1.Market size and forecast, by region, 2020-2028
4.3.2.Comparative market share analysis, 2020 & 2028

4.4.Others

4.4.1.Market size and forecast, by region, 2020-2028
4.4.2.Comparative market share analysis, 2020 & 2028

5.Insurtech Market, by Product type

5.1.Life Insurance

5.1.1.Market size and forecast, by region, 2020-2028
5.1.2.Comparative market share analysis, 2020 & 2028

5.2.Property & Casualty insurance

5.2.1.Market size and forecast, by region, 2020-2028
5.2.2.Comparative market share analysis, 2020 & 2028

6.Insurtech Market, by Distribution Channel

6.1.Full stack insurers

6.1.1.Market size and forecast, by region, 2020-2028
6.1.2.Comparative market share analysis, 2020 & 2028

6.2.Agents

6.2.1.Market size and forecast, by region, 2020-2028
6.2.2.Comparative market share analysis, 2020 & 2028

6.3.Brokers

6.3.1.Market size and forecast, by region, 2020-2028
6.3.2.Comparative market share analysis, 2020 & 2028

7.Insurtech Market, by Region

7.1.North America

7.1.1.Market size and forecast, by Technology type, 2020-2028
7.1.2.Market size and forecast, by Product type, 2020-2028
7.1.3.Market size and forecast, by Distribution Channel, 2020-2028
7.1.4.Market size and forecast, by country, 2020-2028
7.1.5.Comparative market share analysis, 2020 & 2028

7.1.6.U.S.

7.1.6.1.Market size and forecast, by Technology type, 2020-2028
7.1.6.2.Market size and forecast, by Product type, 2020-2028
7.1.6.3.Market size and forecast, by Distribution Channel, 2020-2028
7.1.6.4.Comparative market share analysis, 2020 & 2028

7.1.7.Canada

7.1.7.1.Market size and forecast, by Technology type, 2020-2028
7.1.7.2.Market size and forecast, by Product type, 2020-2028
7.1.7.3.Market size and forecast, by Distribution Channel, 2020-2028
7.1.7.4.Comparative market share analysis, 2020 & 2028

7.1.8.Mexico

7.1.8.1.Market size and forecast, by Technology type, 2020-2028
7.1.8.2.Market size and forecast, by Product type, 2020-2028
7.1.8.3.Market size and forecast, by Distribution Channel, 2020-2028
7.1.8.4.Comparative market share analysis, 2020 & 2028

7.2.Europe

7.2.1.Market size and forecast, by Technology type, 2020-2028
7.2.2.Market size and forecast, by Product type, 2020-2028
7.2.3.Market size and forecast, by Distribution Channel, 2020-2028
7.2.4.Market size and forecast, by country, 2020-2028
7.2.5.Comparative market share analysis, 2020 & 2028

7.2.6.Germany

7.2.6.1.Market size and forecast, by Technology type, 2020-2028
7.2.6.2.Market size and forecast, by Product type, 2020-2028
7.2.6.3.Market size and forecast, by Distribution Channel, 2020-2028
7.2.6.4.Comparative market share analysis, 2020 & 2028

7.2.7.UK

7.2.7.1.Market size and forecast, by Technology type, 2020-2028
7.2.7.2.Market size and forecast, by Product type, 2020-2028
7.2.7.3.Market size and forecast, by Distribution Channel, 2020-2028
7.2.7.4.Comparative market share analysis, 2020 & 2028

7.2.8.France

7.2.8.1.Market size and forecast, by Technology type, 2020-2028
7.2.8.2.Market size and forecast, by Product type, 2020-2028
7.2.8.3.Market size and forecast, by Distribution Channel, 2020-2028
7.2.8.4.Comparative market share analysis, 2020 & 2028

7.2.9.Italy

7.2.9.1.Market size and forecast, by Technology type, 2020-2028
7.2.9.2.Market size and forecast, by Product type, 2020-2028
7.2.9.3.Market size and forecast, by Distribution Channel, 2020-2028
7.2.9.4.Comparative market share analysis, 2020 & 2028

7.2.10.Spain

7.2.10.1.Market size and forecast, by Technology type, 2020-2028
7.2.10.2.Market size and forecast, by Product type, 2020-2028
7.2.10.3.Market size and forecast, by Distribution Channel, 2020-2028
7.2.10.4.Comparative market share analysis, 2020 & 2028

7.2.11.Rest of Europe

7.2.11.1.Market size and forecast, by Technology type, 2020-2028
7.2.11.2.Market size and forecast, by Product type, 2020-2028
7.2.11.3.Market size and forecast, by Distribution Channel, 2020-2028
7.2.11.4.Comparative market share analysis, 2020 & 2028

7.3.Asia-Pacific

7.3.1.Market size and forecast, by Technology type, 2020-2028
7.3.2.Market size and forecast, by Product type, 2020-2028
7.3.3.Market size and forecast, by Distribution Channel, 2020-2028
7.3.4.Market size and forecast, by country, 2020-2028
7.3.5.Comparative market share analysis, 2020 & 2028

7.3.6.China

7.3.6.1.Market size and forecast, by Technology type, 2020-2028
7.3.6.2.Market size and forecast, by Product type, 2020-2028
7.3.6.3.Market size and forecast, by Distribution Channel, 2020-2028
7.3.6.4.Comparative market share analysis, 2020 & 2028

7.3.7.Japan

7.3.7.1.Market size and forecast, by Technology type, 2020-2028
7.3.7.2.Market size and forecast, by Product type, 2020-2028
7.3.7.3.Market size and forecast, by Distribution Channel, 2020-2028
7.3.7.4.Comparative market share analysis, 2020 & 2028

7.3.8.India

7.3.8.1.Market size and forecast, by Technology type, 2020-2028
7.3.8.2.Market size and forecast, by Product type, 2020-2028
7.3.8.3.Market size and forecast, by Distribution Channel, 2020-2028
7.3.8.4.Comparative market share analysis, 2020 & 2028

7.3.9.South Korea

7.3.9.1.Market size and forecast, by Technology type, 2020-2028
7.3.9.2.Market size and forecast, by Product type, 2020-2028
7.3.9.3.Market size and forecast, by Distribution Channel, 2020-2028
7.3.9.4.Comparative market share analysis, 2020 & 2028

7.3.10.Australia

7.3.10.1.Market size and forecast, by Technology type, 2020-2028
7.3.10.2.Market size and forecast, by Product type, 2020-2028
7.3.10.3.Market size and forecast, by Distribution Channel, 2020-2028
7.3.10.4.Comparative market share analysis, 2020 & 2028

7.3.11.Rest of Asia Pacific

7.3.11.1.Market size and forecast, by Technology type, 2020-2028
7.3.11.2.Market size and forecast, by Product type, 2020-2028
7.3.11.3.Market size and forecast, by Distribution Channel, 2020-2028
7.3.11.4.Comparative market share analysis, 2020 & 2028

7.4.LAMEA

7.4.1.Market size and forecast, by Technology type, 2020-2028
7.4.2.Market size and forecast, by Product type, 2020-2028
7.4.3.Market size and forecast, by Distribution Channel, 2020-2028
7.4.4.Market size and forecast, by country, 2020-2028
7.4.5.Comparative market share analysis, 2020 & 2028

7.4.6.Latin America

7.4.6.1.Market size and forecast, by Technology type, 2020-2028
7.4.6.2.Market size and forecast, by Product type, 2020-2028
7.4.6.3.Market size and forecast, by Distribution Channel, 2020-2028
7.4.6.4.Comparative market share analysis, 2020 & 2028

7.4.7.Middle East

7.4.7.1.Market size and forecast, by Technology type, 2020-2028
7.4.7.2.Market size and forecast, by Product type, 2020-2028
7.4.7.3.Market size and forecast, by Distribution Channel, 2020-2028
7.4.7.4.Comparative market share analysis, 2020 & 2028

7.4.8.Africa

7.4.8.1.Market size and forecast, by Technology type, 2020-2028
7.4.8.2.Market size and forecast, by Product type, 2020-2028
7.4.8.3.Market size and forecast, by Distribution Channel, 2020-2028
7.4.8.4.Comparative market share analysis, 2020 & 2028

8.Company profiles

8.1.American Well Corporation

8.1.1.Business overview
8.1.2.Financial performance
8.1.3.Product portfolio
8.1.4.Recent strategic moves & developments
8.1.5.SWOT analysis

8.2.Acko general insurance

8.2.1.Business overview
8.2.2.Financial performance
8.2.3.Product portfolio
8.2.4.Recent strategic moves & developments
8.2.5.SWOT analysis

8.3.Clover Health

8.3.1.Business overview
8.3.2.Financial performance
8.3.3.Product portfolio
8.3.4.Recent strategic moves & developments
8.3.5.SWOT analysis

8.4.Damco Group

8.4.1.Business overview
8.4.2.Financial performance
8.4.3.Product portfolio
8.4.4.Recent strategic moves & developments
8.4.5.SWOT analysis

8.5.Majesco

8.5.1.Business overview
8.5.2.Financial performance
8.5.3.Product portfolio
8.5.4.Recent strategic moves & developments
8.5.5.SWOT analysis

8.6.Oscar Insurance

8.6.1.Business overview
8.6.2.Financial performance
8.6.3.Product portfolio
8.6.4.Recent strategic moves & developments
8.6.5.SWOT analysis

8.7.Quantemplate

8.7.1.Business overview
8.7.2.Financial performance
8.7.3.Product portfolio
8.7.4.Recent strategic moves & developments
8.7.5.SWOT analysis

8.8.Shift Technology

8.8.1.Business overview
8.8.2.Financial performance
8.8.3.Product portfolio
8.8.4.Recent strategic moves & developments
8.8.5.SWOT analysis

8.9.Trov Insurance Solutions, LLC

8.9.1.Business overview
8.9.2.Financial performance
8.9.3.Product portfolio
8.9.4.Recent strategic moves & developments
8.9.5.SWOT analysis

8.10.Zhongan Insurance

8.10.1.Business overview
8.10.2.Financial performance
8.10.3.Product portfolio
8.10.4.Recent strategic moves & developments
8.10.5.SWOT analysis

渋谷データカウント

渋谷データカウントは、最も信頼性が高く最新の調査分析レポートを確実に提供する経験豊富な調査専門家のグローバルチームが提供する、さまざまな業界のさまざまな市場調査レポートを提供する再販代理店です。

Recommended reports

+