Global InsurTech Market 2020-2024 The analyst has been monitoring the insurtech market and it is poised to grow by $ 21.72 bn during 2020-2024 progressing at a CAGR of 36% during the forecast period. Our reports on insurtech market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the need to improve business efficiency and increased need for greater customer satisfaction. In addition, need to improve business efficiency is anticipated to boost the growth of the market as well. The insurtech market analysis includes value chain positioning segment and geographical landscapes
The insurtech market is segmented as below: By Value Chain Positioning • Marketing and distribution • IT support • Policy administration and management • Claim management • Others
By Geographical Landscapes • North America • Europe • APAC • MEA • South America
This study identifies the influence of digitization as one of the prime reasons driving the insurtech market growth during the next few years.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our insurtech market covers the following areas: • Insurtech market sizing • Insurtech market forecast • Insurtech market industry analysis
Our reports have been used by over 10K customers, including:
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