Global IoT Insurance Market Research Report 2026(Status and Outlook)
Description
Report Overview
A key driving factor for the growth of the market is the growing adoption of Internet of Things (IoT) for various insurance applications such as health, life, automobiles, travel, and agriculture sectors, among others.According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China""s data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.
The global IoT Insurance market size was estimated at USD 5112.0 million in 2025 and is projected to grow at a compound annual growth rate (CAGR) of 6.30% during the forecast period.
This report offers a comprehensive and in-depth analysis of the global IoT Insurance market, covering all critical facets from a broad macroeconomic overview to detailed micro-level insights. It examines market size, competitive landscape, emerging development trends, niche segments, key drivers and challenges, as well as conducts SWOT and value chain analyses.
The insights provided enable readers to understand the competitive dynamics within the industry and formulate effective strategies to enhance profitability and market positioning. Additionally, the report presents a clear framework for evaluating the current status and future outlook of business organizations operating in this sector.
A significant focus of this report lies in the competitive landscape of the global IoT Insurance market. It offers detailed profiles of major players, including their market shares, performance metrics, product portfolios, and operational status. This enables stakeholders to identify leading competitors and gain a nuanced understanding of market rivalry and structure.
In summary, this report serves as an essential resource for industry participants, investors, researchers, consultants, and business strategists, as well as anyone planning to enter or expand their presence in the IoT Insurance market.
Global IoT Insurance Market: Market Segmentation Analysis
This research report provides a detailed segmentation of the market by region (country), key manufacturers, product type, and application. Market segmentation divides the overall market into distinct subsets based on factors such as product categories, end-user industries, geographic locations, and other relevant criteria.
A clear understanding of these market segments enables decision-makers to tailor their product development, sales, and marketing strategies more effectively to meet the unique needs of each segment. Leveraging market segmentation insights can significantly enhance targeted approaches, optimize resource allocation, and accelerate product innovation cycles by aligning offerings with the specific demands of diverse customer groups.
Key Company
International Business Machines
Sap
Oracle
Google
Microsoft
Cisco Systems
Accenture
Verisk Analytics
Concirrus
Lexisnexis
Zonoff
Market Segmentation (by Type)
Long-Term Insurance
Short-Term Insurance
Market Segmentation (by Application)
Automotive & Transportation
Home & Commercial Buildings
Life & Health
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the IoT Insurance Market
Overview of the regional outlook of the IoT Insurance Market:
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the IoT Insurance Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 shares the main producing countries of IoT Insurance, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.
Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.
Chapter 13 is the main points and conclusions of the report.
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
A key driving factor for the growth of the market is the growing adoption of Internet of Things (IoT) for various insurance applications such as health, life, automobiles, travel, and agriculture sectors, among others.According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China""s data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.
The global IoT Insurance market size was estimated at USD 5112.0 million in 2025 and is projected to grow at a compound annual growth rate (CAGR) of 6.30% during the forecast period.
This report offers a comprehensive and in-depth analysis of the global IoT Insurance market, covering all critical facets from a broad macroeconomic overview to detailed micro-level insights. It examines market size, competitive landscape, emerging development trends, niche segments, key drivers and challenges, as well as conducts SWOT and value chain analyses.
The insights provided enable readers to understand the competitive dynamics within the industry and formulate effective strategies to enhance profitability and market positioning. Additionally, the report presents a clear framework for evaluating the current status and future outlook of business organizations operating in this sector.
A significant focus of this report lies in the competitive landscape of the global IoT Insurance market. It offers detailed profiles of major players, including their market shares, performance metrics, product portfolios, and operational status. This enables stakeholders to identify leading competitors and gain a nuanced understanding of market rivalry and structure.
In summary, this report serves as an essential resource for industry participants, investors, researchers, consultants, and business strategists, as well as anyone planning to enter or expand their presence in the IoT Insurance market.
Global IoT Insurance Market: Market Segmentation Analysis
This research report provides a detailed segmentation of the market by region (country), key manufacturers, product type, and application. Market segmentation divides the overall market into distinct subsets based on factors such as product categories, end-user industries, geographic locations, and other relevant criteria.
A clear understanding of these market segments enables decision-makers to tailor their product development, sales, and marketing strategies more effectively to meet the unique needs of each segment. Leveraging market segmentation insights can significantly enhance targeted approaches, optimize resource allocation, and accelerate product innovation cycles by aligning offerings with the specific demands of diverse customer groups.
Key Company
International Business Machines
Sap
Oracle
Microsoft
Cisco Systems
Accenture
Verisk Analytics
Concirrus
Lexisnexis
Zonoff
Market Segmentation (by Type)
Long-Term Insurance
Short-Term Insurance
Market Segmentation (by Application)
Automotive & Transportation
Home & Commercial Buildings
Life & Health
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the IoT Insurance Market
Overview of the regional outlook of the IoT Insurance Market:
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the IoT Insurance Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 shares the main producing countries of IoT Insurance, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.
Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.
Chapter 13 is the main points and conclusions of the report.
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
Table of Contents
100 Pages
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of IoT Insurance
- 1.2 Key Market Segments
- 1.2.1 IoT Insurance Segment by Type
- 1.2.2 IoT Insurance Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 IoT Insurance Market Overview
- 2.1 Global Market Overview
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 IoT Insurance Market Competitive Landscape
- 3.1 Company Assessment Quadrant
- 3.2 Global IoT Insurance Product Life Cycle
- 3.3 Global IoT Insurance Revenue Market Share by Company (2020-2025)
- 3.4 IoT Insurance Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.5 Headquarters, Areas Served, and Product Types of Major Players
- 3.6 IoT Insurance Market Competitive Situation and Trends
- 3.6.1 IoT Insurance Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest IoT Insurance Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 IoT Insurance Value Chain Analysis
- 4.1 IoT Insurance Value Chain Analysis
- 4.2 Midstream Market Analysis
- 4.3 Downstream Customer Analysis
- 5 The Development and Dynamics of IoT Insurance Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Industry News
- 5.4.1 New Product Developments
- 5.4.2 Mergers & Acquisitions
- 5.4.3 Expansions
- 5.4.4 Collaboration/Supply Contracts
- 5.5 PEST Analysis
- 5.5.1 Industry Policies Analysis
- 5.5.2 Economic Environment Analysis
- 5.5.3 Social Environment Analysis
- 5.5.4 Technological Environment Analysis
- 5.6 Global IoT Insurance Market Porter's Five Forces Analysis
- 6 IoT Insurance Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global IoT Insurance Market by Type (2020-2025)
- 6.3 Global IoT Insurance Market Size Growth Rate by Type (2021-2025)
- 7 IoT Insurance Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global IoT Insurance Market Size (M USD) by Application (2020-2025)
- 7.3 Global IoT Insurance Market Size Growth Rate by Application (2021-2025)
- 8 IoT Insurance Market Segmentation by Region
- 8.1 Global IoT Insurance Market Size by Region
- 8.1.1 Global IoT Insurance Market Size by Region
- 8.1.2 Global IoT Insurance Market Size Market Share by Region
- 8.2 North America
- 8.2.1 North America IoT Insurance Market Size by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe IoT Insurance Market Size by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Spain
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific IoT Insurance Market Size by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America IoT Insurance Market Size by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa IoT Insurance Market Size by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 International Business Machines
- 9.1.1 International Business Machines Basic Information
- 9.1.2 International Business Machines IoT Insurance Product Overview
- 9.1.3 International Business Machines IoT Insurance Product Market Performance
- 9.1.4 International Business Machines SWOT Analysis
- 9.1.5 International Business Machines Business Overview
- 9.1.6 International Business Machines Recent Developments
- 9.2 Sap
- 9.2.1 Sap Basic Information
- 9.2.2 Sap IoT Insurance Product Overview
- 9.2.3 Sap IoT Insurance Product Market Performance
- 9.2.4 Sap SWOT Analysis
- 9.2.5 Sap Business Overview
- 9.2.6 Sap Recent Developments
- 9.3 Oracle
- 9.3.1 Oracle Basic Information
- 9.3.2 Oracle IoT Insurance Product Overview
- 9.3.3 Oracle IoT Insurance Product Market Performance
- 9.3.4 Oracle SWOT Analysis
- 9.3.5 Oracle Business Overview
- 9.3.6 Oracle Recent Developments
- 9.4 Google
- 9.4.1 Google Basic Information
- 9.4.2 Google IoT Insurance Product Overview
- 9.4.3 Google IoT Insurance Product Market Performance
- 9.4.4 Google Business Overview
- 9.4.5 Google Recent Developments
- 9.5 Microsoft
- 9.5.1 Microsoft Basic Information
- 9.5.2 Microsoft IoT Insurance Product Overview
- 9.5.3 Microsoft IoT Insurance Product Market Performance
- 9.5.4 Microsoft Business Overview
- 9.5.5 Microsoft Recent Developments
- 9.6 Cisco Systems
- 9.6.1 Cisco Systems Basic Information
- 9.6.2 Cisco Systems IoT Insurance Product Overview
- 9.6.3 Cisco Systems IoT Insurance Product Market Performance
- 9.6.4 Cisco Systems Business Overview
- 9.6.5 Cisco Systems Recent Developments
- 9.7 Accenture
- 9.7.1 Accenture Basic Information
- 9.7.2 Accenture IoT Insurance Product Overview
- 9.7.3 Accenture IoT Insurance Product Market Performance
- 9.7.4 Accenture Business Overview
- 9.7.5 Accenture Recent Developments
- 9.8 Verisk Analytics
- 9.8.1 Verisk Analytics Basic Information
- 9.8.2 Verisk Analytics IoT Insurance Product Overview
- 9.8.3 Verisk Analytics IoT Insurance Product Market Performance
- 9.8.4 Verisk Analytics Business Overview
- 9.8.5 Verisk Analytics Recent Developments
- 9.9 Concirrus
- 9.9.1 Concirrus Basic Information
- 9.9.2 Concirrus IoT Insurance Product Overview
- 9.9.3 Concirrus IoT Insurance Product Market Performance
- 9.9.4 Concirrus Business Overview
- 9.9.5 Concirrus Recent Developments
- 9.10 Lexisnexis
- 9.10.1 Lexisnexis Basic Information
- 9.10.2 Lexisnexis IoT Insurance Product Overview
- 9.10.3 Lexisnexis IoT Insurance Product Market Performance
- 9.10.4 Lexisnexis Business Overview
- 9.10.5 Lexisnexis Recent Developments
- 9.11 Zonoff
- 9.11.1 Zonoff Basic Information
- 9.11.2 Zonoff IoT Insurance Product Overview
- 9.11.3 Zonoff IoT Insurance Product Market Performance
- 9.11.4 Zonoff Business Overview
- 9.11.5 Zonoff Recent Developments
- 10 IoT Insurance Market Forecast by Region
- 10.1 Global IoT Insurance Market Size Forecast
- 10.2 Global IoT Insurance Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe IoT Insurance Market Size Forecast by Country
- 10.2.3 Asia Pacific IoT Insurance Market Size Forecast by Region
- 10.2.4 South America IoT Insurance Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Sales of IoT Insurance by Country
- 11 Forecast Market by Type and by Application (2026-2035)
- 11.1 Global IoT Insurance Market Forecast by Type (2026-2035)
- 11.1.1 Global IoT Insurance Market Size Forecast by Type (2026-2035)
- 11.2 Global IoT Insurance Market Forecast by Application (2026-2035)
- 11.2.1 Global IoT Insurance Market Size (M USD) Forecast by Application (2026-2035)
- 12 Conclusion and Key Findings
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