Insurtech Market
Insurtech Market By Offering, Deployment Model, Technology, End User, Application & & Region - Forecast 2022 - 2032
Market Insights on Insurtech covering sales outlook, demand forecast & up-to-date key trends
Insurtech Market Outlook (2022 - 2032)
The insurtech market is projected to register a CAGR of 25.9% during the forecast period (2022 - 2032).
The insurtech market is anticipated to be valued at US$ 16.6 Bn in 2022 and is expected to reach US$ 165.4 Bn by 2032.
“The demand for insurtech solutions is rising as it makes better predictions of consumer demands, increases purchasing quantities, enhances decision-making and insurance planning through the use of machine learning, artificial intelligence, and cloud computing.”
The sales of insurtech solutions are growing due to the support of various robust technologies like AI, machine learning, blockchain, and cloud computing that offer real-time surveillance and monitoring of insured activity for many businesses. It is one of the key drivers of global Insurtech market growth.
Attributes |
Details |
Insurtech Market CAGR (2022-2032) |
25.9% |
Insurtech Market Value (2022) |
US$ 16.6 Bn |
Insurtech Market Value (2032) |
US$ 165.4 Bn |
What is the COVID-19 Impact on the Insurtech Market?
COVID-19 had a favorable impact on the insurtech market, as the importance of insurance plans has skyrocketed among customers. The sales of insurtech solutions rose significantly as customers could choose from a variety of insurance policies, including health insurance, home insurance, personal insurance, and more.
As a result of the rising demand for insurance policies, insurance carriers' use of advanced technology solutions has expanded rapidly in the insurtech market, allowing them to provide advanced tech-based services to their consumers. As a result, during the global health crisis, demand for insurtech solutions has skyrocketed.
Furthermore, during the pandemic, the sales of insurtech solutions grew immensely as insurers increased their use of drones, mobile applications, and catastrophe models, which boosted insurtech market growth. Simultaneously, the demand for insurtech solutions is growing due to preventive measures such as social distancing and remote working, which aided in increasing the rate of digitalization throughout the insurance business.
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What is the Key Dynamics Governing the Growth of the Insurtech Market?
The sales of insurtech solutions are growing due to shifting business models. Companies are utilising innovative digital solutions to scale their businesses and build product lines depending on niche client demand, which is predicted to propel the demand for insurtech solutions and aid in insurtech market growth.
Different insurance sector norms and laws, as well as privacy and security concerns, are some of the factors that limit insurtech market expansion. Furthermore, the rising demand for insurtech solutions in growing nations, particularly emerging economies such as Australia, China, India, Singapore, and South Korea, provides considerable prospects for the sales of insurtech solutions to expand and develop the overall insurtech market.
In addition, the use of technologies like cloud computing, artificial intelligence, and blockchain to help with loss prediction and prevention, risk monitoring, and claim processing is becoming a prominent factor that is predicted to give attractive opportunities for the insurtech market to grow.
Insurance is one of the most conservative sectors, but insurtech companies are causing havoc in the insurtech market globally. According to Accenture, a consulting and professional services firm, roughly 86 percent of insurers plan to innovate and enhance existing business models in order to meet the rising demand for insurtech solutions and maintain a competitive position by 2032.
Furthermore, as business models change, insurance companies all over the world are turning to innovative digital solutions to scale their operations, provide a more tailored consumer experience, and boost the sales of insurtech solutions. As a result, the increasing digitalization of existing insurance business models is propelling the demand for insurtech solutions.
Various laws establish varied norms and regulations across countries, with financial centers taking a more united approach to regulation. This becomes a critical issue for insurtech companies to develop insurtech solutions across several regulations such as MiFID II, GDPR, and others, which causes inter-regulation conflict. As a result, this factor stifles the insurtech market's growth.
For example, in the United States, the National Association of Insurance Commissioners (NAIC) oversees and regulates the insurance business, whereas, in Europe, MiFID II requirements apply to insurance companies under its jurisdiction. This is one of the primary factors impacting the sales of insurtech solutions and insurtech market expansion.
Comparative View of Adjacent Insurtech Market
Insurtech Market:
Attributes |
Insurtech Market |
CAGR (2022-2032) |
25.9% |
Market Value (2026) |
US$ 41.71 Bn |
Growth Factor |
The use of technologies like cloud computing, AI, and blockchain to help with loss prediction and prevention, risk monitoring, and claim processing |
Opportunity |
As several insurers embrace new business models, developing economies offer significant opportunity for Insurtech solution providers to grow their offerings. |
Key Trends |
Innovative digital solutions are being used by businesses to grow their operations and establish product lines based on particular client demand. |
Artificial Intelligence (AI) in Insurance Market :
Attributes |
Artificial Intelligence (AI) in Insurance Market |
CAGR (2022-2032) |
24.05% |
Market Value (2026) |
US$ 6.68 Bn |
Growth Factor |
The increasing need for personalized insurance services had a direct impact on the use of artificial intelligence (AI) in the insurance market. |
Opportunity |
Growing investments in advanced technologies like AI and IoT are also helping to propel the artificial intelligence (AI) in the insurance market forward. |
Key Trends |
Rising demand to automate operational processes and the expanding amount and speed of data collection brought on by the adoption of IoT. |
IoT Insurance Market:
Attributes |
IoT Insurance Market |
CAGR (2022-2032) |
63% |
Market Value (2026) |
US$ 301.85 Bn |
Growth Factor |
Increased demand for cloud platforms and other value-added services in the insurance business, as well as increased usage of Internet of Things (IoT) goods in established and emerging economies. |
Opportunity |
Insurers may use IoT-enabled devices to collect intelligent data to track health, detect irregularities, and decrease risks for policyholders. |
Key Trends |
In-built sensors and global positioning systems are assisting insurers in tracking, locating, analyzing vehicles, and monitoring driving patterns during the claim process. |
According to a survey performed by EIS Group, a software business, 59% of the insurance companies want to boost their digital infrastructure expenditure. As a result of this, the global insurtech market is predicted to rise.
Blockchain technology's advantages, such as cost savings, speedier payments, and fraud avoidance, are increasing demand for insurtech solutions among insurance businesses all over the world. Insurers employ blockchain technology for Know Your Customer (KYC), Anti-Money Laundering (AML) procedures, claim administration, and peer-to-peer models.
Many insurtech companies are focusing on employing deep learning-capable artificial intelligence (AI) to assist agents in completing jobs more quickly and finding the right mix of policies to complete a person's coverage. This, in turn, is projected to boost the sales of insurtech solutions.
On-demand insurance is gaining popularity among consumers since it allows them to obtain insurance coverage on their cellphones at their leisure. Innovative technologies such as the internet of things, artificial intelligence, big data, and predictive maintenance are rapidly being used by businesses in the on-demand insurance industry to change the way on-demand insurance products are underwritten, developed, and distributed.
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Talk to AnalystWhat is the Segmentation Outlook for the Insurtech Market?
With a CAGR of 25.8%, the solution segment is anticipated to dominate the global insurtech market during the forecast period.
Several insurance businesses are rapidly adopting these insurtech solutions in order to create a technology-based service platform for their consumers. These technologies offered a variety of advantages, including simplified claim processing, lower policy rates, less fraud activity, and lower underwriting expenses, among others.
Which Segment is likely to Lead the Insurtech Market by Technology?
During the forecast period, the cloud computing category is predicted to dominate the insurtech market with a CAGR of 25.2%. With its resourcefulness, ease of deployment, and flexibility, cloud computing has revolutionized the insurance market.
Furthermore, the sales of insurtech solutions are projected to be fueled by widespread acceptance of Bring Your Own Device (BYOD) rules, as well as the growing amount of data that insurance companies collect. Benefits such as rapid deployment, cost-effectiveness, and scalability are driving insurance businesses to use cloud computing technologies.
Over the projected period, the blockchain segment in insurtech market is expected to rise at a rapid pace.

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Which Segment is likely to Lead the Insurtech Market by End User?
By end user, the life and health insurance segment has gained a significant market share, and this trend is expected to continue during the projection period. The demand for Insurtech solutions to connect brokers, providers, and carriers in health insurance is driven mostly by people's growing health concerns and insurance firms' increasing propensity toward digital platforms.
Furthermore, some health insurance companies are actively employing insurtech solutions to streamline claim processing, understand consumer requirements, and give quick answers to clients, hence encouraging overall insurtech market growth.
Moreover, due to the increasing prevalence of smartphones and applications to monitor, manage, and keep data across businesses and magnify the remedies for clients, a number of life and accident insurance carriers are increasingly implementing insurtech solutions.
What is the Regional Analysis for the Insurtech Market?
Regions |
CAGR (2022-2032) |
US Market |
25.6% |
UK Market |
24.7% |
China Market |
25.2% |
Japan Market |
24.1% |
South Korea Market |
23.4% |
During the forecast period, the U.S. is projected to dominate the insurtech market with a CAGR of 25.6%. As customers are spending more on insurance-related products, the region is seeing an increase in the use of insurtech solutions.
Furthermore, these insurtech solutions provide customizable and adaptable property and health insurance options. The region's market expansion is also being fueled by the expanding number of insurtech startups.
Over the projection period, Asia Pacific is expected to be the fastest-growing insurtech market. Due to the existence of multiple rising economies and financial hubs in Singapore, India, and Hong Kong, the region is likely to grow significantly. Insurers in the region are attempting to provide insurance premium options that are inexpensive.
How is the Competition in the Insurtech Market?
By providing digital brokerage and insurance marketplaces, insurtech companies are attempting to bridge the gap between customers and insurance providers. Insurers have been forced to implement digital technologies that focus on the client interface due to the oversaturation of the insurance market and fierce rivalry among insurers. Insurtech software is developed to assist insurers in developing partnerships and streamlining claim processes in order to increase client acquisition.
The ease of the claims process provided by insurtech is expected to drive the insurtech market. Partnerships between cloud computing solution providers and insurance firms, on the other hand, are assisting companies in improving their insurtech products, which is projected to boost insurtech market growth.
Recent Developments in the Insurtech Market
- Amodo, an insurtech firm, formed a relationship with Galileo Platforms Limited, a technology firm, in December 2020. The companies will leverage blockchain technologies to enable insurance companies to deliver new insurance products and alter their client experience as a result of their relationship.
- Amazon Web Services Inc. announced in November 2021 that it has been chosen as a preferred public cloud provider by American International Group, Inc., an insurance company. The American International Group hopes to improve customer service through this effort.
- Metromile, an auto insurance business, stated in December 2021 that subscribers would be able to pay premiums and claim payouts using bitcoin. This initiative should assist the organisation to improve its market position.
- Universal Fire & Liability Insurance Company, which specializes in providing traditional property and casualty insurance to small enterprises, began accepting cryptocurrencies for premium payments in June 2021.
Key Players
- Damco Group
- DXC Technology Company
- Majesco
- Oscar Insurance
- OutSystems
Key Segments
By Offering
- Solution
- Service
By Deployment Model
- On-premise
- Cloud
By Technology
- Artificial Intelligence
- Cloud Computing
- Blockchain
- Big Data & Business Analytics
- IoT
- Others
By End User
- Life & Health Insurance
- Property and Casualty (P&C) Insurance
- Auto Insurance
- Buildings Insurance
- Commercial Buildings Insurance
- Home Insurance
- Dwelling Coverage
- Contents Coverage
- Marine Insurance
- Liability Insurance
- Others
By Application
- Product Development & Underwriting
- Sales & Marketing
- Policy Admin Collection & Disbursement
- Claims Management
By Region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Frequently Asked Questions
During the forecast period, the insurtech market is expected to grow at a CAGR of 25.9% (2022 - 2032).
North America is projected to dominate the insurtech market with a CAGR of 25.6% during the forecast period.
By end user, the life and health insurance segment is projected to lead the insurtech market.
The insurtech market is anticipated to be valued at US$ 165.4 Bn by 2032.
Over the projection period, Asia Pacific is expected to be the fastest-growing insurtech market.
1. Executive Summary
1.1. Global Market Outlook
1.2. Summary of Statistics
1.3. Key Market Characteristics & Attributes
1.4. FMI Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Risks and Trends Assessment
3.1. Risk Assessment
3.1.1. COVID-19 Crisis and Impact on Insurtech Demand
3.1.2. COVID-19 Impact Benchmark with Previous Crisis
3.1.3. Impact on Market Value (US$ Mn)
3.1.4. Assessment by Key Countries
3.1.5. Assessment by Key Market Segments
3.1.6. Action Points and Recommendation for Suppliers
3.2. Key Trends Impacting the Market
3.3. Formulation and Product Development Trends
4. Market Background
4.1. Insurtech Market, by Key Countries
4.2. Insurtech Market Opportunity Assessment (US$ Mn)
4.2.1. Total Available Market
4.2.2. Serviceable Addressable Market
4.2.3. Serviceable Obtainable Market
4.3. Market Scenario Forecast
4.3.1. Demand in optimistic Scenario
4.3.2. Demand in Likely Scenario
4.3.3. Demand in Conservative Scenario
4.4. Investment Feasibility Analysis
4.4.1. Investment in Established Markets
4.4.1.1. In Short Term
4.4.1.2. In Long Term
4.4.2. Investment in Emerging Markets
4.4.2.1. In Short Term
4.4.2.2. In Long Term
4.5. Forecast Factors - Relevance & Impact
4.5.1. Top Companies Historical Growth
4.5.2. Growth in Automation, By Country
4.5.3. Insurtech Adoption Rate, By Country
4.6. Market Dynamics
4.6.1. Market Driving Factors and Impact Assessment
4.6.2. Prominent Market Challenges and Impact Assessment
4.6.3. Insurtech Market Opportunities
4.6.4. Prominent Trends in the Global Market & Their Impact Assessment
5. Key Success Factors
5.1. Manufacturers’ Focus on Low Penetration High Growth Markets
5.2. Banking on with Segments High Incremental Opportunity
5.3. Peer Benchmarking
6. Global Insurtech Market Demand Analysis 2015-2021 and Forecast, 2022-2032
6.1. Historical Market Analysis, 2015-2021
6.2. Current and Future Market Projections, 2022-2032
6.3. Y-o-Y Growth Trend Analysis
7. Global Insurtech Market Value Analysis 2015-2021 and Forecast, 2022-2032
7.1. Historical Market Value (US$ Mn) Analysis, 2015-2021
7.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Global Insurtech Market Analysis 2015-2021 and Forecast 2022-2032, By Offering
8.1. Introduction / Key Findings
8.2. Historical Market Value (US$ Mn) and Analysis By Offering, 2015-2021
8.3. Current and Future Market Value (US$ Mn) and Analysis and Forecast By Offering, 2022-2032
8.3.1. Solution
8.3.2. Services
8.4. Market Attractiveness Analysis By Offering
9. Global Insurtech Market Analysis 2015-2021 and Forecast 2022-2032, By Deployment Model
9.1. Introduction / Key Findings
9.2. Historical Market Value (US$ Mn) and Analysis By Deployment Model, 2015-2021
9.3. Current and Future Market Value (US$ Mn) and Analysis and Forecast By Deployment Model, 2022-2032
9.3.1. On-premise
9.3.2. Cloud
9.4. Market Attractiveness Analysis By Deployment Model
10. Global Insurtech Market Analysis 2015-2021 and Forecast 2022-2032, By Technology
10.1. Introduction / Key Findings
10.2. Historical Market Value (US$ Mn) and Analysis By Technology, 2015-2021
10.3. Current and Future Market Value (US$ Mn) and Analysis and Forecast By Technology, 2022-2032
10.3.1. Artificial Intelligence
10.3.2. Cloud Computing
10.3.3. Blockchain
10.3.4. Big Data & Business Analytics
10.3.5. IoT
10.3.6. Others
10.4. Market Attractiveness Analysis By Technology
11. Global Insurtech Market Analysis 2015-2021 and Forecast 2022-2032, By End User
11.1. Introduction / Key Findings
11.2. Historical Market Value (US$ Mn) and Analysis By End User, 2015-2021
11.3. Current and Future Market Value (US$ Mn) and Analysis and Forecast By End User, 2022-2032
11.3.1. Life & Health Insurance
11.3.2. Property and Casualty (P&C) Insurance
11.3.2.1. Auto Insurance
11.3.2.2. Buildings Insurance
11.3.2.2.1. Commercial Buildings Insurance
11.3.2.2.2. Home Insurance
11.3.2.2.2.1. Dwelling Coverage
11.3.2.2.2.2. Contents Coverage
11.3.2.3. Marine Insurance
11.3.2.4. Liability Insurance
11.3.2.5. Others
11.4. Market Attractiveness Analysis By End User
12. Global Insurtech Market Analysis 2015-2021 and Forecast 2022-2032, By Application
12.1. Introduction / Key Findings
12.2. Historical Market Value (US$ Mn) and Analysis By Application, 2015-2021
12.3. Current and Future Market Value (US$ Mn) and Analysis and Forecast By Application, 2022-2032
12.3.1. Product Development & Underwriting
12.3.2. Sales & Marketing
12.3.3. Policy Admin Collection & Disbursement
12.3.4. Claims Management
12.4. Market Attractiveness Analysis By Application
13. Global Insurtech Market Analysis 2015-2021 and Forecast 2022-2032, By Region
13.1. Introduction
13.2. Historical Market Value (US$ Mn) and Analysis By Region, 2015-2021
13.3. Current Market Size (US$ Mn) & Analysis and Forecast By Region, 2022-2032
13.3.1. North America
13.3.2. Latin America
13.3.3. Europe
13.3.4. Asia Pacific
13.3.5. Middle East and Africa (MEA)
13.4. Market Attractiveness Analysis By Region
14. North America Insurtech Market Analysis 2015-2021 and Forecast 2022-2032
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Value (US$ Mn) and Trend Analysis By Market Taxonomy, 2015-2021
14.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
14.4.1. By Country
14.4.1.1. U.S.
14.4.1.2. Canada
14.4.1.3. Rest of North America
14.4.2. By Technology
14.4.3. By Offering
14.4.4. By Deployment Model
14.4.5. By End User
14.4.6. By Application
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Technology
14.5.3. By Offering
14.5.4. By Deployment Model
14.5.5. By End User
14.5.6. By Application
15. Latin America Insurtech Market Analysis 2015-2021 and Forecast 2022-2032
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Value (US$ Mn) and Trend Analysis By Market Taxonomy, 2015-2021
15.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
15.4.1. By Country
15.4.1.1. Brazil
15.4.1.2. Mexico
15.4.1.3. Rest of Latin America
15.4.2. By Technology
15.4.3. By Offering
15.4.4. By Deployment Model
15.4.5. By End User
15.4.6. By Application
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Technology
15.5.3. By Offering
15.5.4. By Deployment Model
15.5.5. By End User
15.5.6. By Application
16. Europe Insurtech Market Analysis 2015-2021 and Forecast 2022-2032
16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Value (US$ Mn) and Trend Analysis By Market Taxonomy, 2015-2021
16.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
16.4.1. By Country
16.4.1.1. Germany
16.4.1.2. France
16.4.1.3. U.K.
16.4.1.4. Italy
16.4.1.5. Russia
16.4.1.6. Rest of Europe
16.4.2. By Technology
16.4.3. By Offering
16.4.4. By Deployment Model
16.4.5. By End User
16.4.6. By Application
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Technology
16.5.3. By Offering
16.5.4. By Deployment Model
16.5.5. By End User
16.5.6. By Application
17. Asia Pacific Insurtech Market Analysis 2015-2021 and Forecast 2022-2032
17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Value (US$ Mn) and Trend Analysis By Market Taxonomy, 2015-2021
17.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
17.4.1. By Country
17.4.1.1. China
17.4.1.2. Japan
17.4.1.3. South Korea
17.4.1.4. Rest of Asia Pacific
17.4.2. By Technology
17.4.3. By Offering
17.4.4. By Deployment Model
17.4.5. By End User
17.4.6. By Application
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Technology
17.5.3. By Offering
17.5.4. By Deployment Model
17.5.5. By End User
17.5.6. By Application
18. Middle East and Africa Insurtech Market Analysis 2015-2021 and Forecast 2022-2032
18.1. Introduction
18.2. Pricing Analysis
18.3. Historical Market Value (US$ Mn) and Trend Analysis By Market Taxonomy, 2015-2021
18.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
18.4.1. By Country
18.4.1.1. GCC Countries
18.4.1.2. South Africa
18.4.1.3. Turkey
18.4.1.4. Rest of Middle East and Africa
18.4.2. By Technology
18.4.3. By Offering
18.4.4. By Deployment Model
18.4.5. By End User
18.4.6. By Application
18.5. Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By Technology
18.5.3. By Offering
18.5.4. By Deployment Model
18.5.5. By End User
18.5.6. By Application
19. Key Countries Insurtech Market Analysis 2015-2021 and Forecast 2022-2032
19.1. Introduction
19.1.1. Market Value Proportion Analysis, By Key Countries
19.1.2. Global Vs. Country Growth Comparison
19.2. US Insurtech Market Analysis
19.2.1. Value Proportion Analysis by Market Taxonomy
19.2.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
19.2.2.1. By Technology
19.2.2.2. By Offering
19.2.2.3. By Deployment Model
19.2.2.4. By End User
19.2.2.5. By Application
19.3. Canada Insurtech Market Analysis
19.3.1. Value Proportion Analysis by Market Taxonomy
19.3.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
19.3.2.1. By Technology
19.3.2.2. By Offering
19.3.2.3. By Deployment Model
19.3.2.4. By End User
19.3.2.5. By Application
19.4. Mexico Insurtech Market Analysis
19.4.1. Value Proportion Analysis by Market Taxonomy
19.4.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
19.4.2.1. By Technology
19.4.2.2. By Offering
19.4.2.3. By Deployment Model
19.4.2.4. By End User
19.4.2.5. By Application
19.5. Brazil Insurtech Market Analysis
19.5.1. Value Proportion Analysis by Market Taxonomy
19.5.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
19.5.2.1. By Technology
19.5.2.2. By Offering
19.5.2.3. By Deployment Model
19.5.2.4. By End User
19.5.2.5. By Application
19.6. Germany Insurtech Market Analysis
19.6.1. Value Proportion Analysis by Market Taxonomy
19.6.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
19.6.2.1. By Technology
19.6.2.2. By Offering
19.6.2.3. By Deployment Model
19.6.2.4. By End User
19.6.2.5. By Application
19.7. France Insurtech Market Analysis
19.7.1. Value Proportion Analysis by Market Taxonomy
19.7.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
19.7.2.1. By Technology
19.7.2.2. By Offering
19.7.2.3. By Deployment Model
19.7.2.4. By End User
19.7.2.5. By Application
19.8. Italy Insurtech Market Analysis
19.8.1. Value Proportion Analysis by Market Taxonomy
19.8.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
19.8.2.1. By Technology
19.8.2.2. By Offering
19.8.2.3. By Deployment Model
19.8.2.4. By End User
19.8.2.5. By Application
19.9. Russia Insurtech Market Analysis
19.9.1. Value Proportion Analysis by Market Taxonomy
19.9.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
19.9.2.1. By Technology
19.9.2.2. By Offering
19.9.2.3. By Deployment Model
19.9.2.4. By End User
19.9.2.5. By Application
19.10. UK Insurtech Market Analysis
19.10.1. Value Proportion Analysis by Market Taxonomy
19.10.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
19.10.2.1. By Technology
19.10.2.2. By Offering
19.10.2.3. By Deployment Model
19.10.2.4. By End User
19.10.2.5. By Application
19.11. China Insurtech Market Analysis
19.11.1. Value Proportion Analysis by Market Taxonomy
19.11.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
19.11.2.1. By Technology
19.11.2.2. By Offering
19.11.2.3. By Deployment Model
19.11.2.4. By End User
19.11.2.5. By Application
19.12. Japan Insurtech Market Analysis
19.12.1. Value Proportion Analysis by Market Taxonomy
19.12.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
19.12.2.1. By Technology
19.12.2.2. By Offering
19.12.2.3. By Deployment Model
19.12.2.4. By End User
19.12.2.5. By Application
19.13. South Korea Insurtech Market Analysis
19.13.1. Value Proportion Analysis by Market Taxonomy
19.13.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
19.13.2.1. By Technology
19.13.2.2. By Offering
19.13.2.3. By Deployment Model
19.13.2.4. By End User
19.13.2.5. By Application
19.14. GCC Countries Insurtech Market Analysis
19.14.1. Value Proportion Analysis by Market Taxonomy
19.14.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
19.14.2.1. By Technology
19.14.2.2. By Offering
19.14.2.3. By Deployment Model
19.14.2.4. By End User
19.14.2.5. By Application
19.15. South Africa Insurtech Market Analysis
19.15.1. Value Proportion Analysis by Market Taxonomy
19.15.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
19.15.2.1. By Technology
19.15.2.2. By Offering
19.15.2.3. By Deployment Model
19.15.2.4. By End User
19.15.2.5. By Application
19.16. Turkey Insurtech Market Analysis
19.16.1. Value Proportion Analysis by Market Taxonomy
19.16.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
19.16.2.1. By Technology
19.16.2.2. By Offering
19.16.2.3. By Deployment Model
19.16.2.4. By End User
19.16.2.5. By Application
19.16.3. Competition Landscape and Player Concentration in the Country
20. Market Structure Analysis
20.1. Market Analysis by Tier of Companies
20.2. Market Concentration
20.3. Market Share Analysis of Top Players
20.4. Market Presence Analysis
20.4.1. By Regional footprint of Players
20.4.2. Product footprint by Players
21. Competition Analysis
21.1. Competition Dashboard
21.2. Competition Benchmarking
21.3. Competition Deep Dive
21.3.1. Damco Group
21.3.1.1. Overview
21.3.1.2. Product Portfolio
21.3.1.3. Sales Footprint
21.3.1.4. Strategy Overview
21.3.2. DXC Technology Company
21.3.2.1. Overview
21.3.2.2. Product Portfolio
21.3.2.3. Sales Footprint
21.3.2.4. Strategy Overview
21.3.3. Majesco
21.3.3.1. Overview
21.3.3.2. Product Portfolio
21.3.3.3. Sales Footprint
21.3.3.4. Strategy Overview
21.3.4. Oscar Insurance
21.3.4.1. Overview
21.3.4.2. Product Portfolio
21.3.4.3. Sales Footprint
21.3.4.4. Strategy Overview
21.3.5. OutSystems
21.3.5.1. Overview
21.3.5.2. Product Portfolio
21.3.5.3. Sales Footprint
21.3.5.4. Strategy Overview
21.3.6. Quantemplate
21.3.6.1. Overview
21.3.6.2. Product Portfolio
21.3.6.3. Sales Footprint
21.3.6.4. Strategy Overview
21.3.7. Shift Technology
21.3.7.1. Overview
21.3.7.2. Product Portfolio
21.3.7.3. Sales Footprint
21.3.7.4. Strategy Overview
21.3.8. Trov Insurance Solutions, LLC
21.3.8.1. Overview
21.3.8.2. Product Portfolio
21.3.8.3. Sales Footprint
21.3.8.4. Strategy Overview
21.3.9. Wipro Limited
21.3.9.1. Overview
21.3.9.2. Product Portfolio
21.3.9.3. Sales Footprint
21.3.9.4. Strategy Overview
21.3.10. Zhongan Insurance
21.3.10.1. Overview
21.3.10.2. Product Portfolio
21.3.10.3. Sales Footprint
21.3.10.4. Strategy Overview
22. Assumptions and Acronyms Used
23. Research Methodology
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Table 1: Global Insurtech Market Value (US$ Mn),By Technology, 2015 – 2021
Table 2: Global Insurtech Market Value (US$ Mn),By Technology, 2022 – 2032
Table 3: Global Insurtech Market Value (US$ Mn), By Offering, 2015 – 2021
Table 4: Global Insurtech Market Value (US$ Mn), By Offering, 2022 – 2032
Table 5: Global Insurtech Market Value (US$ Mn), By Deployment Model, 2015 – 2021
Table 6: Global Insurtech Market Value (US$ Mn), By Deployment Model, 2022 – 2032
Table 7: Global Insurtech Market Value (US$ Mn), By Application, 2015 – 2021
Table 8: Global Insurtech Market Value (US$ Mn), By Application, 2022 – 2032
Table 9: Global Insurtech Market Value (US$ Mn), By End User, 2015 – 2021
Table 10: Global Insurtech Market Value (US$ Mn), By End User, 2022 – 2032
Table 11: Global Insurtech Market, By Region, 2015 – 2021
Table 12: Global Insurtech Market, By Region, 2022 – 2032
Table 13: North America Insurtech Market Value (US$ Mn),By Technology, 2015 – 2021
Table 14: North America Insurtech Market Value (US$ Mn),By Technology, 2022 – 2032
Table 15: North America Insurtech Market Value (US$ Mn), By Offering, 2015 – 2021
Table 16: North America Insurtech Market Value (US$ Mn), By Offering, 2022 – 2032
Table 17: North America Insurtech Market Value (US$ Mn), By Deployment Model, 2015 – 2021
Table 18: North America Insurtech Market Value (US$ Mn), By Deployment Model, 2022 – 2032
Table 19: North America Insurtech Market Value (US$ Mn), By Application, 2015 – 2021
Table 20: North America Insurtech Market Value (US$ Mn), By Application, 2022 – 2032
Table 21: North America Insurtech Market Value (US$ Mn), By End User, 2015 – 2021
Table 22: North America Insurtech Market Value (US$ Mn), By End User, 2022 – 2032
Table 23: North America Insurtech Market, By Country, 2015 – 2021
Table 24: North America Insurtech Market, By Country, 2022 – 2032
Table 25: Latin America Insurtech Market Value (US$ Mn),By Technology, 2015 – 2021
Table 26: Latin America Insurtech Market Value (US$ Mn),By Technology, 2022 – 2032
Table 27: Latin America Insurtech Market Value (US$ Mn), By Offering, 2015 – 2021
Table 28: Latin America Insurtech Market Value (US$ Mn), By Offering, 2022 – 2032
Table 29: Latin America Insurtech Market Value (US$ Mn), By Deployment Model, 2015 – 2021
Table 30: Latin America Insurtech Market Value (US$ Mn), By Deployment Model, 2022 – 2032
Table 31: Latin America Insurtech Market Value (US$ Mn), By Application, 2015 – 2021
Table 32: Latin America Insurtech Market Value (US$ Mn), By Application, 2022 – 2032
Table 33: Latin America Insurtech Market Value (US$ Mn), By End User, 2015 – 2021
Table 34: Latin America Insurtech Market Value (US$ Mn), By End User, 2022 – 2032
Table 35: Latin America Insurtech Market, By Country, 2015 – 2021
Table 36: Latin America Insurtech Market, By Country, 2022 – 2032
Table 37: Europe Insurtech Market Value (US$ Mn),By Technology, 2015 – 2021
Table 38: Europe Insurtech Market Value (US$ Mn),By Technology, 2022 – 2032
Table 39: Europe Insurtech Market Value (US$ Mn), By Offering, 2015 – 2021
Table 40: Europe Insurtech Market Value (US$ Mn), By Offering, 2022 – 2032
Table 41: Europe Insurtech Market Value (US$ Mn), By Deployment Model, 2015 – 2021
Table 42: Europe Insurtech Market Value (US$ Mn), By Deployment Model, 2022 – 2032
Table 43: Europe Insurtech Market Value (US$ Mn), By Application, 2015 – 2021
Table 44: Europe Insurtech Market Value (US$ Mn), By Application, 2022 – 2032
Table 45: Europe Insurtech Market Value (US$ Mn), By End User, 2015 – 2021
Table 46: Europe Insurtech Market Value (US$ Mn), By End User, 2022 – 2032
Table 47: Europe Insurtech Market, By Country, 2015 – 2021
Table 48: Europe Insurtech Market, By Country, 2022 – 2032
Table 49: Asia Pacific Insurtech Market Value (US$ Mn),By Technology, 2015 – 2021
Table 50: Asia Pacific Insurtech Market Value (US$ Mn),By Technology, 2022 – 2032
Table 51: Asia Pacific Insurtech Market Value (US$ Mn), By Offering, 2015 – 2021
Table 52: Asia Pacific Insurtech Market Value (US$ Mn), By Offering, 2022 – 2032
Table 53: Asia Pacific Insurtech Market Value (US$ Mn), By Deployment Model, 2015 – 2021
Table 54: Asia Pacific Insurtech Market Value (US$ Mn), By Deployment Model, 2022 – 2032
Table 55: Asia Pacific Insurtech Market Value (US$ Mn), By Application, 2015 – 2021
Table 56: Asia Pacific Insurtech Market Value (US$ Mn), By Application, 2022 – 2032
Table 57: Asia Pacific Insurtech Market Value (US$ Mn), By End User, 2015 – 2021
Table 58: Asia Pacific Insurtech Market Value (US$ Mn), By End User, 2022 – 2032
Table 59: Asia Pacific Insurtech Market, By Country, 2015 – 2021
Table 60: Asia Pacific Insurtech Market, By Country, 2022 – 2032
Table 61: MEA Insurtech Market Value (US$ Mn),By Technology, 2015 – 2021
Table 62: MEA Insurtech Market Value (US$ Mn),By Technology, 2022 – 2032
Table 63: MEA Insurtech Market Value (US$ Mn), By Offering, 2015 – 2021
Table 64: MEA Insurtech Market Value (US$ Mn), By Offering, 2022 – 2032
Table 65: MEA Insurtech Market Value (US$ Mn), By Deployment Model, 2015 – 2021
Table 66: MEA Insurtech Market Value (US$ Mn), By Deployment Model, 2022 – 2032
Table 67: MEA Insurtech Market Value (US$ Mn), By Application, 2015 – 2021
Table 68: MEA Insurtech Market Value (US$ Mn), By Application, 2022 – 2032
Table 69: MEA Insurtech Market Value (US$ Mn), By End User, 2015 – 2021
Table 70: MEA Insurtech Market Value (US$ Mn), By End User, 2022 – 2032
Table 71: MEA Insurtech Market, By Country, 2015 – 2021
Table 72: MEA Insurtech Market, By Country, 2022 – 2032
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Talk to AnalystFigure 1: Global Insurtech Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 2: Global Insurtech Market Absolute $ Historical Gain (2015 - 2021) and Opportunity (2022 – 2032), US$ Mn
Figure 3: Global Insurtech Market Share,By Technology, 2022 & 2032
Figure 4: Global Insurtech Market Y-o-Y Growth Projections,By Technology – 2022-2032
Figure 5: Global Insurtech Market Attractiveness Index,By Technology – 2022-2032
Figure 6: Global Insurtech Market Share, By Offering, 2022 & 2032
Figure 7: Global Insurtech Market Y-o-Y Growth Projections, By Offering – 2022-2032
Figure 8: Global Insurtech Market Attractiveness Index, By Offering – 2022-2032
Figure 9: Global Insurtech Market Share, By Application, 2022 & 2032
Figure 10: Global Insurtech Market Y-o-Y Growth Projections, By Application – 2022-2032
Figure 11: Global Insurtech Market Attractiveness Index, By Application – 2022-2032
Figure 12: Global Insurtech Market Share, By Deployment Model, 2022 & 2032
Figure 13: Global Insurtech Market Y-o-Y Growth Projections, By Deployment Model – 2022-2032
Figure 14: Global Insurtech Market Attractiveness Index, By Deployment Model – 2022-2032
Figure 15: Global Insurtech Market Share, By End User, 2022 & 2032
Figure 16: Global Insurtech Market Y-o-Y Growth Projections, By End User – 2022-2032
Figure 17: Global Insurtech Market Attractiveness Index, By End User – 2022-2032
Figure 18: Global Insurtech Market Share, By Region, 2022 & 2032
Figure 19: Global Insurtech Market Y-o-Y Growth Projections, By Region – 2022-2032
Figure 20: Global Insurtech Market Attractiveness Index, By Region – 2022-2032
Figure 21: North America Insurtech Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 22: North America Insurtech Market Absolute $ Historical Gain (2015 - 2021) and Opportunity (2022 – 2032), US$ Mn
Figure 23: North America Insurtech Market Share,By Technology, 2022 & 2032
Figure 24: North America Insurtech Market Y-o-Y Growth Projections,By Technology – 2022-2032
Figure 25: North America Insurtech Market Attractiveness Index,By Technology – 2022-2032
Figure 26: North America Insurtech Market Share, By Offering, 2022 & 2032
Figure 27: North America Insurtech Market Y-o-Y Growth Projections, By Offering – 2022-2032
Figure 28: North America Insurtech Market Attractiveness Index, By Offering – 2022-2032
Figure 29: North America Insurtech Market Share, By Application, 2022 & 2032
Figure 30: North America Insurtech Market Y-o-Y Growth Projections, By Application – 2022-2032
Figure 31: North America Insurtech Market Attractiveness Index, By Application – 2022-2032
Figure 32: North America Insurtech Market Share, By Deployment Model, 2022 & 2032
Figure 33: North America Insurtech Market Y-o-Y Growth Projections, By Deployment Model – 2022-2032
Figure 34: North America Insurtech Market Attractiveness Index, By Deployment Model – 2022-2032
Figure 35: North America Insurtech Market Share, By End User, 2022 & 2032
Figure 36: North America Insurtech Market Y-o-Y Growth Projections, By End User – 2022-2032
Figure 37: North America Insurtech Market Attractiveness Index, By End User – 2022-2032
Figure 38: North America Insurtech Market Share, By Country, 2022 & 2032
Figure 39: North America Insurtech Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 40: North America Insurtech Market Attractiveness Index, By Country – 2022-2032
Figure 41: Latin America Insurtech Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 42: Latin America Insurtech Market Absolute $ Historical Gain (2015 - 2021) and Opportunity (2022 – 2032), US$ Mn
Figure 43: Latin America Insurtech Market Share,By Technology, 2022 & 2032
Figure 44: Latin America Insurtech Market Y-o-Y Growth Projections,By Technology – 2022-2032
Figure 45: Latin America Insurtech Market Attractiveness Index,By Technology – 2022-2032
Figure 46: Latin America Insurtech Market Share, By Offering, 2022 & 2032
Figure 47: Latin America Insurtech Market Y-o-Y Growth Projections, By Offering – 2022-2032
Figure 48: Latin America Insurtech Market Attractiveness Index, By Offering – 2022-2032
Figure 49: Latin America Insurtech Market Share, By Application, 2022 & 2032
Figure 50: Latin America Insurtech Market Y-o-Y Growth Projections, By Application – 2022-2032
Figure 51: Latin America Insurtech Market Attractiveness Index, By Application – 2022-2032
Figure 52: Latin America Insurtech Market Share, By Deployment Model, 2022 & 2032
Figure 53: Latin America Insurtech Market Y-o-Y Growth Projections, By Deployment Model – 2022-2032
Figure 54: Latin America Insurtech Market Attractiveness Index, By Deployment Model – 2022-2032
Figure 55: Latin America Insurtech Market Share, By End User, 2022 & 2032
Figure 56: Latin America Insurtech Market Y-o-Y Growth Projections, By End User – 2022-2032
Figure 57: Latin America Insurtech Market Attractiveness Index, By End User – 2022-2032
Figure 58: Latin America Insurtech Market Share, By Country, 2022 & 2032
Figure 59: Latin America Insurtech Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 60: Latin America Insurtech Market Attractiveness Index, By Country – 2022-2032
Figure 61: Europe Insurtech Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 62: Europe Insurtech Market Absolute $ Historical Gain (2015 - 2021) and Opportunity (2022 – 2032), US$ Mn
Figure 63: Europe Insurtech Market Share,By Technology, 2022 & 2032
Figure 64: Europe Insurtech Market Y-o-Y Growth Projections,By Technology – 2022-2032
Figure 65: Europe Insurtech Market Attractiveness Index,By Technology – 2022-2032
Figure 66: Europe Insurtech Market Share, By Offering, 2022 & 2032
Figure 67: Europe Insurtech Market Y-o-Y Growth Projections, By Offering – 2022-2032
Figure 68: Europe Insurtech Market Attractiveness Index, By Offering – 2022-2032
Figure 69: Europe Insurtech Market Share, By Application, 2022 & 2032
Figure 70: Europe Insurtech Market Y-o-Y Growth Projections, By Application – 2022-2032
Figure 71: Europe Insurtech Market Attractiveness Index, By Application – 2022-2032
Figure 72: Europe Insurtech Market Share, By Deployment Model, 2022 & 2032
Figure 73: Europe Insurtech Market Y-o-Y Growth Projections, By Deployment Model – 2022-2032
Figure 74: Europe Insurtech Market Attractiveness Index, By Deployment Model – 2022-2032
Figure 75: Europe Insurtech Market Share, By End User, 2022 & 2032
Figure 76: Europe Insurtech Market Y-o-Y Growth Projections, By End User – 2022-2032
Figure 77: Europe Insurtech Market Attractiveness Index, By End User – 2022-2032
Figure 78: Europe Insurtech Market Share, By Country, 2022 & 2032
Figure 79: Europe Insurtech Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 80: Europe Insurtech Market Attractiveness Index, By Country – 2022-2032
Figure 81: Asia Pacific Insurtech Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 82: Asia Pacific Insurtech Market Absolute $ Historical Gain (2015 - 2021) and Opportunity (2022 – 2032), US$ Mn
Figure 83: Asia Pacific Insurtech Market Share,By Technology, 2022 & 2032
Figure 84: Asia Pacific Insurtech Market Y-o-Y Growth Projections,By Technology – 2022-2032
Figure 85: Asia Pacific Insurtech Market Attractiveness Index,By Technology – 2022-2032
Figure 86: Asia Pacific Insurtech Market Share, By Offering, 2022 & 2032
Figure 87: Asia Pacific Insurtech Market Y-o-Y Growth Projections, By Offering – 2022-2032
Figure 88: Asia Pacific Insurtech Market Attractiveness Index, By Offering – 2022-2032
Figure 89: Asia Pacific Insurtech Market Share, By Application, 2022 & 2032
Figure 90: Asia Pacific Insurtech Market Y-o-Y Growth Projections, By Application – 2022-2032
Figure 91: Asia Pacific Insurtech Market Attractiveness Index, By Application – 2022-2032
Figure 92: Asia Pacific Insurtech Market Share, By Deployment Model, 2022 & 2032
Figure 93: Asia Pacific Insurtech Market Y-o-Y Growth Projections, By Deployment Model – 2022-2032
Figure 94: Asia Pacific Insurtech Market Attractiveness Index, By Deployment Model – 2022-2032
Figure 95: Asia Pacific Insurtech Market Share, By End User, 2022 & 2032
Figure 96: Asia Pacific Insurtech Market Y-o-Y Growth Projections, By End User – 2022-2032
Figure 97: Asia Pacific Insurtech Market Attractiveness Index, By End User – 2022-2032
Figure 98: Asia Pacific Insurtech Market Share, By Country, 2022 & 2032
Figure 99: Asia Pacific Insurtech Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 100: Asia Pacific Insurtech Market Attractiveness Index, By Country – 2022-2032
Figure 101: MEA Insurtech Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 102: MEA Insurtech Market Absolute $ Historical Gain (2015 - 2021) and Opportunity (2022 – 2032), US$ Mn
Figure 103: MEA Insurtech Market Share,By Technology, 2022 & 2032
Figure 104: MEA Insurtech Market Y-o-Y Growth Projections,By Technology – 2022-2032
Figure 105: MEA Insurtech Market Attractiveness Index,By Technology – 2022-2032
Figure 106: MEA Insurtech Market Share, By Offering, 2022 & 2032
Figure 107: MEA Insurtech Market Y-o-Y Growth Projections, By Offering – 2022-2032
Figure 108: MEA Insurtech Market Attractiveness Index, By Offering – 2022-2032
Figure 109: MEA Insurtech Market Share, By Application, 2022 & 2032
Figure 110: MEA Insurtech Market Y-o-Y Growth Projections, By Application – 2022-2032
Figure 111: MEA Insurtech Market Attractiveness Index, By Application – 2022-2032
Figure 112: MEA Insurtech Market Share, By Deployment Model, 2022 & 2032
Figure 113: MEA Insurtech Market Y-o-Y Growth Projections, By Deployment Model – 2022-2032
Figure 114: MEA Insurtech Market Attractiveness Index, By Deployment Model – 2022-2032
Figure 115: MEA Insurtech Market Share, By End User, 2022 & 2032
Figure 116: MEA Insurtech Market Y-o-Y Growth Projections, By End User – 2022-2032
Figure 117: MEA Insurtech Market Attractiveness Index, By End User – 2022-2032
Figure 118: MEA Insurtech Market Share, By Country, 2022 & 2032
Figure 119: MEA Insurtech Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 120: MEA Insurtech Market Attractiveness Index, By Country – 2022-2032
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