Internet Of Things (IoT) Insurance Industry 2021
AbsoluteMarketsInsights Presents “Internet Of Things (IoT) Insurance Industry 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 2030 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 2030 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
.…
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