Insurtech is transforming the insurance industry with new technology to improve customer experience, simplify policy management, and increase competition.
Market Analysis and Insights: Global Insurtech Market
In 2019, the global Insurtech market size was US$ 1099.1 million and it is expected to reach US$ 8884.7 million by the end of 2026, with a CAGR of 34.4% during 2021-2026.
Global Insurtech Scope and Market Size
Insurtech market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Insurtech market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Insurtech market is segmented into AI, Hadoop, Block Chain, etc.
Segment by Application, the Insurtech market is segmented into Products, Services, etc.
Regional and Country-level Analysis
The Insurtech market is analysed and market size information is provided by regions (countries).
The key regions covered in the Insurtech market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.
Insurtech market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Insurtech business, the date to enter into the Insurtech market, Insurtech product introduction, recent developments, etc.
The major vendors include Insureon, ACD, Rein, FWD, GoBear, AppOrchid, BRIDGE, CHSI Connections, CideObjects, DOCUTRAX, GENIUSAVENUE, Majesco, Plug and Play, etc.
This report focuses on the global Insurtech status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Insurtech development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
Insureon
ACD
Rein
FWD
GoBear
AppOrchid
BRIDGE
CHSI Connections
CideObjects
DOCUTRAX
GENIUSAVENUE
Majesco
Plug and Play
AI
Hadoop
Block Chain
Products
Services
North America
Europe
China
Japan
Southeast Asia
India
Central & South America
To analyze global Insurtech status, future forecast, growth opportunity, key market and key players.
To present the Insurtech development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.
In this study, the years considered to estimate the market size of Insurtech are as follows:
History Year: 2015-2019
2019
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Market Analysis and Insights: Global Insurtech Market
In 2019, the global Insurtech market size was US$ 1099.1 million and it is expected to reach US$ 8884.7 million by the end of 2026, with a CAGR of 34.4% during 2021-2026.
Global Insurtech Scope and Market Size
Insurtech market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Insurtech market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Insurtech market is segmented into AI, Hadoop, Block Chain, etc.
Segment by Application, the Insurtech market is segmented into Products, Services, etc.
Regional and Country-level Analysis
The Insurtech market is analysed and market size information is provided by regions (countries).
The key regions covered in the Insurtech market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.
Competitive Landscape
and Insurtech Market Share AnalysisInsurtech market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Insurtech business, the date to enter into the Insurtech market, Insurtech product introduction, recent developments, etc.
The major vendors include Insureon, ACD, Rein, FWD, GoBear, AppOrchid, BRIDGE, CHSI Connections, CideObjects, DOCUTRAX, GENIUSAVENUE, Majesco, Plug and Play, etc.
This report focuses on the global Insurtech status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Insurtech development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
The key players covered in this study
Insureon
ACD
Rein
FWD
GoBear
AppOrchid
BRIDGE
CHSI Connections
CideObjects
DOCUTRAX
GENIUSAVENUE
Majesco
Plug and Play
Market segment by Type, the product can be split into
AI
Hadoop
Block Chain
Market segment by Application, split into
Products
Services
Market segment by Regions/Countries, this report covers
North America
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Insurtech status, future forecast, growth opportunity, key market and key players.
To present the Insurtech development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.
In this study, the years considered to estimate the market size of Insurtech are as follows:
History Year: 2015-2019
Base Year:
2019Estimated Year:
2020Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.