Internet Of Things (IoT) Insurance Market 2021

AbsoluteMarketsInsights Presents “Internet Of Things (IoT) Insurance Market Research Report –Global Forecast to 2030” New Document to its Studies Database

Internet of Things (IoT) in Insurance Market was valued at US$ 3,094.9 Mn in 2018 and is expected to reach US$ 84,427.6 Mn by 2027 growing at a CAGR of 44.7% over the Forecast Period Owing to Growing Demand for Cloud Platform and Other Value-Added Services in Insurance Industry, Says Absolute Markets Insights

Some of the players operating in the Internet of Things (IoT) in Insurance Market insurance market are Accenture, Allianz, American Family Insurance, AXA, Capgemini, Cognizant, Hippo Insurance, IBM Corporation

Absolute Markets Insights detailed analysis of its prolific knowledge storehouse titled; Internet of Things (IoT) in Insurance Market has been published. Designed using singular techniques, with detailed employment of primary and secondary research methodologies, the data presented is particular and robust. The information, thus presented factors in the different dynamics of business that have been elaborated to get a comprehensive description of changing variables.

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Major Key Players:

Some of the players operating in the Internet of Things (IoT) in Insurance Market are Accenture, Allianz, American Family Insurance, AXA, Capgemini, Cognizant, Hippo Insurance, IBM Corporation, Lemonade Insurance Agency, LexisNexis, Liberty Mutual Insurance, Oracle Corporation, Oscar Insurance Corporation, Progressive Casualty Insurance Company, Inc., SAP SE, State Farm., amongst others.

Key Findings of the Report:

In terms of revenue, the global Internet of Things (IoT) in Insurance Market is expected to reach US$ 84,427.6 Mn by 2027 owing to incorporation of Internet of Things (IoT) in Insurance Market to streamline field operations and predictive calculation of risk.

On the basis of offering, the application and platform which is a sub segment of solutions segment is expected to witness the fastest CAGR over the forecast years, owing to the introduction of Internet of Things (IoT) in Insurance Market connectivity such as low power wide area which offers faster connectivity at lower costs

On the basis of application, the connected car segment is expected to hold the largest market size over the forecast period, owing to concerns regarding the safety and security measures for the driver, which in turn helps the insurers to obtain an easier claim process.

Market Segmentation

By Offering

Solutions

Applications and Platforms

Middleware

Infrastructure and Protocols

Services

By Application

Connected Car

Connected Home

Connected Health

Connected Industrials

Connected Supply Chain

Others

By Region

North America

United States

Canada

Mexico

Europe

France

The UK

Spain

Germany

Italy

Nordic Countries

Denmark

Finland

Iceland

Sweden

Norway

Benelux Union

Belgium

The Netherlands

Luxembourg

Rest of Europe

Asia Pacific

China

Japan

India

New Zealand

Australia

South Korea

Southeast Asia

Indonesia

Thailand

Malaysia

Singapore

Rest of Southeast Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East and Africa

Saudi Arabia

UAE

Egypt

Kuwait

South Africa

Rest of Middle East & Africa

.…

Contact us:

Shreyas Tanna

Phone: +91-740-024-2424

Absolute Markets Insights

Email: [email protected]