What are the growth opportunities in the Insurtech Industry?

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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

The global Insurtech market size is projected to reach USD 11940 million by 2027, from USD 1462.3 million in 2020, at a CAGR of 34.4% during 2021-2027.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Insurtech market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Insurtech market in terms of revenue.

On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Insurtech market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Insurtech market.

Global Insurtech Scope and Market Size

Insurtech market is segmented by company, region (country), 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 2016-2027.

Leading Key Players In the global Insurtech Market 2022:

  • Quantemplate
  • Slice
  • Neos
  • Shift Technology
  • Lemonade
  • Oscar Health
  • Acko General Insurance
  • ZhongAn

Driving Factors for the growth of the Insurtech Market:

The Increasing use of Insurtech in SMEs, Large Enterprises is driving the growth of the Insurtech market across the globe.

Which product segment is expected to garner highest traction within the Insurtech Market In 2022:

Based on product, the Insurtech market is segmented into Products, Services and other. The Insurtech products segment dominated the Insurtech market in 2022. Rising incidences and new product launches expected to drive the segment growth.

Which regions are expected to dominate the Insurtech Market:

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil, Argentina, Columbia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Number of Pages in Insurtech Market Report is 98 with Deatailed Analysis

Get a Sample Copy of the Insurtech Market Report 2022

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