Blockchain in Insurance Industry 2021
Blockchain in Insurance Industry is expected to grow at a CAGR of 65.9% over the forecast years (2019 – 2027), as Insurance Behemoths and InsurTech Companies are Venturing to Leverage Blockchain Technology to Prevent Insurance Fraud, Says Absolute Markets Insights.
Global Blockchain in Insurance Industry is a comprehensive study of the global market and has been recently added by Absolute Markets Insights to its extensive database. Augmented demand for the global market has been increased in the last few years. This informative research report has been scrutinized by using primary and secondary research. The Global Blockchain in Insurance Industry is a valuable source of reliable data including data of the current market
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Major Key Players:
Key players operating in the Blockchain in Insurance Industry are Amazon Web Services, Inc., AUXESIS GROUP, Bitfury Group Limited, Boston Consulting Group, BTL Group Ltd, ChainThat, Circle Internet Financial Limited, CONSENSUS SYSTEMS (Consensys), Deloitte Touche Tohmatsu Limited, Digital Asset Holdings, LLC, Everledger Ltd, Etherparty Inc, Factom, Guardtime, IBM Corporation, iXLedger, KPMG International Cooperative, Microsoft, Oracle, SafeShare, Symbiont.io and Willis Towers Watson amongst others.
Key findings of the report:
Industry-wide collaborations on blockchain are formulating to make insurance use cases a reality. Insurtech startups are developing solutions for insurance companies that reduce fraudulent activities with improved traceability and accountability. For instance, Everledger Ltd is a London-based blockchain solutions provider that offers an immutable ledger for the diamond insurance sector.
The key questions answered in the report:
- What will be the market size and growth rate in the forecast year?
- What are the key factors driving the Global Blockchain in Insurance Industry?
- What are the risks and challenges in front of the market?
- Who are the key vendors in the Global Blockchain in Insurance Industry?
- What are the trending factors influencing the market shares?
- What are the key outcomes of Porter’s five forces model?
- Which are the global opportunities for expanding the Global Blockchain in Insurance Industry?
Market Segmentation
By Offerings
Solutions
Applications and Platforms
Middleware
Infrastructure and Protocols
Services
Professional
Managed
Blockchain in Insurance Industry By Application
Identity Management and Fraud Detection
Claims Management
Distribution and Payment Models
Others (GRC Management etc.)
By Organization Size
Large Enterprises
Small and Medium-Sized Enterprises
By Insurance Type
Life Insurance
Health Insurance
Property and Casualty Insurance
Reinsurance
Others (Travel Insurance, Vehicle Insurance etc.)
Blockchain in Insurance Industry By Geography
North America
U.S.
Canada
Mexico
Rest of North America
Europe
France
The UK
Spain
Germany
Italy
Nordic
Denmark
Finland
Iceland
Norway
Sweden
Rest of Nordic
The Benelux Union
Belgium
the Netherlands
Luxemburg
Rest of Europe
Asia Pacific
China
Japan
India
Australia
New Zealand
Southeast Asia
Rest of Asia Pacific
Middle East and Africa
GCC Countries
Southern Africa
Rest of Middle East and Africa
Latin America
Brazil
Argentina
Rest of Latin America
.…
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Shreyas Tanna
Phone: +91-740-024-2424
Absolute Markets Insights
