Global Microinsurance Market 2021-2025

Global Microinsurance Market 2021-2025

  • November 2021 •
  • 120 pages •
  • Report ID: 6187921 •
  • Format: PDF
Global Microinsurance Market 2021-2025
The analyst has been monitoring the microinsurance market and it is poised to grow by $ 30.44 bn during 2021-2025, progressing at a CAGR of 7.40% during the forecast period. Our report on the microinsurance 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 increasing demand for insurance policies and increasing government regulations on mandatory insurance coverages in developing countries. In addition, Increasing demand for insurance policies is anticipated to boost the growth of the market as well.
The microinsurance market analysis includes the type segment and geographic landscape.

The microinsurance market is segmented as below:
By Type
• property insurance
• health insurance
• life insurance
• index insurance
• others

By Geographical Landscape
• APAC
• North America
• Europe
• South America
• MEA

This study identifies microinsurance as a tool for overcoming povertyas one of the prime reasons driving the microinsurance 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 report on microinsurance market covers the following areas:
• Microinsurance market sizing
• Microinsurance market forecast
• Microinsurance market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading microinsurance market vendors that include Al Amana Microfinance, Banco do Nordeste, Bandhan Bank Ltd., Bank of America Corp., Citigroup Inc., Fundacion Microfinanzas BBVA, JPMorgan Chase and Co., Life Insurance Corp. of India, Micro Insurance, and Milliman Inc. Also, the microinsurance market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

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 such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.