The global insurtech market is expected to grow at a CAGR of around 30.4% during 2024-2033. This report on global insurtech market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global insurtech market by segmenting the market based on product, technology, distribution channel, end user and region. Also, detailed profiles of companies operating in the insurtech market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Growing Digitalization of Business Models
• Growing Protentional in Emerging Economies
Market Challenges
• Security Concerns
Historical & Forecast Period
Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033
Market by Product
• Life Insurance
• Property & Casualty Insurance
Market by Technology
• Blockchain
• IoT
• AI & Machine Learning
• Other Technologies
Market by End-Use
• Automotive
• BFSI
• Government
• Healthcare
• Manufacturing
• Retail
• Transportation
• Other End Uses
Market by Distribution Channel
• Full Stack Insurers
• Agents
• Brokers
Market by Region
• Europe
o Germany
o United Kingdom
o France
o Italy
o Spain
o Russia
o Netherlands
o Rest of Europe
• North America
o United States
o Canada
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Rest of Asia Pacific
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o Turkey
o Iran
o United Arab Emirates
o Rest of Middle East & Africa