Global InsurTech (Insurance Technology) Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch's in-depth investigation and research, the global InsurTech (Insurance Technology) market size will reach 22,397 Million USD in 2025 and is projected to reach 75,910 Million USD by 2032, with a CAGR of 19.05% (2025-2032). Notably, the China InsurTech (Insurance Technology) market has changed rapidly in the past few years. By 2025, China's market size is expected to be Million USD, representing approximately % of the global market share.

Research Summary

InsurTech, short for Insurance Technology, refers to the use of technology to innovate and improve various aspects of the insurance industry. This includes the development and implementation of digital solutions, software platforms, and analytics tools to streamline processes, enhance customer experience, and drive efficiency in insurance operations. InsurTech companies leverage emerging technologies such as artificial intelligence, machine learning, big data analytics, and blockchain to address challenges faced by insurers, agents, and customers. Examples of InsurTech solutions include online insurance platforms, digital claims processing systems, telematics-based pricing models, and risk assessment algorithms. By embracing InsurTech, insurance companies can automate workflows, personalize products, reduce costs, and ultimately provide better services to policyholders. InsurTech is reshaping the insurance landscape, driving innovation, and transforming traditional insurance practices.

The major global suppliers of InsurTech (Insurance Technology) include Zipari, Corvus Insurance, Wipro Limited, DXC Technology Company, Majesco, OutSystems, Damco Solutions, Octo, ControlExpert, Sureify, iSoftStone, eBaoTech, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of InsurTech (Insurance Technology). Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major suppliers, as well as the market status and trends of different product types and applications in the global InsurTech (Insurance Technology) market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the InsurTech (Insurance Technology) market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of InsurTech (Insurance Technology) industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Suppliers of InsurTech (Insurance Technology) Include:

Zipari

Corvus Insurance

Wipro Limited

DXC Technology Company

Majesco

OutSystems

Damco Solutions

Octo

ControlExpert

Sureify

iSoftStone

eBaoTech

InsurTech (Insurance Technology) Product Segment Include:

Cloud Computing

IoT

AI

Others

InsurTech (Insurance Technology) Product Application Include:

Property and Casualty

Health

Life

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global InsurTech (Insurance Technology) Industry PESTEL Analysis

Chapter 3: Global InsurTech (Insurance Technology) Industry Porter's Five Forces Analysis

Chapter 4: Global InsurTech (Insurance Technology) Major Regional Market Size (Revenue) and Forecast Analysis

Chapter 5: Global InsurTech (Insurance Technology) Competitive Analysis of Key Suppliers (Revenue, Market Share, Regional Distribution and Industry Concentration)

Chapter 6: Global InsurTech (Insurance Technology) Revenue and Forecast Analysis by Product Type

Chapter 7: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)

Chapter 8: Industrial Chain Analysis, InsurTech (Insurance Technology) Different Application Market Analysis (Revenue and Forecast) and Sales Channel Analysis

Chapter 9: Research Findings and Conclusion

Chapter 10: Methodology and Data Sources


1 InsurTech (Insurance Technology) Market Overview
1.1 Product Definition and Statistical Scope
1.2 InsurTech (Insurance Technology) Product by Type
1.2.1 Cloud Computing
1.2.2 IoT
1.2.3 AI
1.2.4 Others
1.3 InsurTech (Insurance Technology) Product by Application
1.3.1 Property and Casualty
1.3.2 Health
1.3.3 Life
1.4 Global InsurTech (Insurance Technology) Market Size Analysis (2020-2032)
1.5 InsurTech (Insurance Technology) Market Development Status and Trends
1.5.1 InsurTech (Insurance Technology) Industry Development Status Analysis
1.5.2 InsurTech (Insurance Technology) Industry Development Trends Analysis
2 InsurTech (Insurance Technology) Market PESTEL Analysis
2.1 Political Factors Analysis
2.2 Economic Factors Analysis
2.3 Social Factors Analysis
2.4 Technological Factors Analysis
2.5 Environmental Factors Analysis
2.6 Legal Factors Analysis
3 InsurTech (Insurance Technology) Market Porter's Five Forces Analysis
3.1 Competitive Rivalry
3.2 Threat of New Entrants
3.3 Bargaining Power of Suppliers
3.4 Bargaining Power of Buyers
3.5 Threat of Substitutes
4 Global InsurTech (Insurance Technology) Market Analysis by Country
4.1 Global InsurTech (Insurance Technology) Market Size Analysis by Country: 2024 VS 2025 VS 2032
4.1.1 Global InsurTech (Insurance Technology) Revenue Analysis by Country (2020-2025)
4.1.2 Global InsurTech (Insurance Technology) Revenue Forecast Analysis by Country (2026-2032)
4.2 United States InsurTech (Insurance Technology) Market Revenue and Growth Rate (2020-2032)
4.3 Germany InsurTech (Insurance Technology) Market Revenue and Growth Rate (2020-2032)
4.4 Japan InsurTech (Insurance Technology) Market Revenue and Growth Rate (2020-2032)
4.5 China InsurTech (Insurance Technology) Market Revenue and Growth Rate (2020-2032)
4.6 France InsurTech (Insurance Technology) Market Revenue and Growth Rate (2020-2032)
4.7 U.K. InsurTech (Insurance Technology) Market Revenue and Growth Rate (2020-2032)
4.8 South Korea InsurTech (Insurance Technology) Market Revenue and Growth Rate (2020-2032)
4.9 Canada InsurTech (Insurance Technology) Market Revenue and Growth Rate (2020-2032)
4.10 Italy InsurTech (Insurance Technology) Market Revenue and Growth Rate (2020-2032)
4.11 Russia InsurTech (Insurance Technology) Market Revenue and Growth Rate (2020-2032)
4.12 Mexico InsurTech (Insurance Technology) Market Revenue and Growth Rate (2020-2032)
4.13 Brazil InsurTech (Insurance Technology) Market Revenue and Growth Rate (2020-2032)
4.14 India InsurTech (Insurance Technology) Market Revenue and Growth Rate (2020-2032)
4.15 Vietnam InsurTech (Insurance Technology) Market Revenue and Growth Rate (2020-2032)
4.16 Thailand InsurTech (Insurance Technology) Market Revenue and Growth Rate (2020-2032)
4.17 South Africa InsurTech (Insurance Technology) Market Revenue and Growth Rate (2020-2032)
5 Competition by Suppliers
5.1 Global InsurTech (Insurance Technology) Market Revenue by Key Suppliers (2021-2025)
5.2 InsurTech (Insurance Technology) Competitive Landscape Analysis and Market Dynamic
5.2.1 InsurTech (Insurance Technology) Competitive Landscape Analysis
5.2.2 Global Key Suppliers Headquarter and Key Area Sales
5.2.3 Market Dynamic
6 InsurTech (Insurance Technology) Market Analysis by Type
6.1 Global InsurTech (Insurance Technology) Market Size Analysis by Type: 2024 VS 2025 VS 2032
6.2 Global InsurTech (Insurance Technology) Revenue and Forecast Analysis by Type (2020-2032)
7 Key Companies Analysis
7.1 Zipari
7.1.1 Zipari Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.1.2 Zipari InsurTech (Insurance Technology) Product Portfolio
7.1.3 Zipari InsurTech (Insurance Technology) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
7.2 Corvus Insurance
7.2.1 Corvus Insurance Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.2.2 Corvus Insurance InsurTech (Insurance Technology) Product Portfolio
7.2.3 Corvus Insurance InsurTech (Insurance Technology) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
7.3 Wipro Limited
7.3.1 Wipro Limited Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.3.2 Wipro Limited InsurTech (Insurance Technology) Product Portfolio
7.3.3 Wipro Limited InsurTech (Insurance Technology) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
7.4 DXC Technology Company
7.4.1 DXC Technology Company Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.4.2 DXC Technology Company InsurTech (Insurance Technology) Product Portfolio
7.4.3 DXC Technology Company InsurTech (Insurance Technology) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
7.5 Majesco
7.5.1 Majesco Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.5.2 Majesco InsurTech (Insurance Technology) Product Portfolio
7.5.3 Majesco InsurTech (Insurance Technology) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
7.6 OutSystems
7.6.1 OutSystems Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.6.2 OutSystems InsurTech (Insurance Technology) Product Portfolio
7.6.3 OutSystems InsurTech (Insurance Technology) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
7.7 Damco Solutions
7.7.1 Damco Solutions Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.7.2 Damco Solutions InsurTech (Insurance Technology) Product Portfolio
7.7.3 Damco Solutions InsurTech (Insurance Technology) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
7.8 Octo
7.8.1 Octo Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.8.2 Octo InsurTech (Insurance Technology) Product Portfolio
7.8.3 Octo InsurTech (Insurance Technology) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
7.9 ControlExpert
7.9.1 ControlExpert Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.9.2 ControlExpert InsurTech (Insurance Technology) Product Portfolio
7.9.3 ControlExpert InsurTech (Insurance Technology) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
7.10 Sureify
7.10.1 Sureify Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.10.2 Sureify InsurTech (Insurance Technology) Product Portfolio
7.10.3 Sureify InsurTech (Insurance Technology) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
7.11 iSoftStone
7.11.1 iSoftStone Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.11.2 iSoftStone InsurTech (Insurance Technology) Product Portfolio
7.11.3 iSoftStone InsurTech (Insurance Technology) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
7.12 eBaoTech
7.12.1 eBaoTech Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.12.2 eBaoTech InsurTech (Insurance Technology) Product Portfolio
7.12.3 eBaoTech InsurTech (Insurance Technology) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
8 Industry Chain Analysis
8.1 InsurTech (Insurance Technology) Industry Chain Analysis
8.2 InsurTech (Insurance Technology) Product Downstream Application Analysis
8.2.1 Global InsurTech (Insurance Technology) Market Size and Growth Rate (CAGR) by Application: 2024 VS 2025 VS 2032
8.2.2 Global InsurTech (Insurance Technology) Revenue and Forecast by Application (2020-2032)
8.3 InsurTech (Insurance Technology) Typical Downstream Customers
8.4 InsurTech (Insurance Technology) Sales Channel Analysis
9 Research Findings and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.2 Research Scope
10.3 Benchmarks and Assumptions
10.4 Date Source
10.4.1 Primary Sources
10.4.2 Secondary Sources
10.5 Data Cross Validation
10.6 Disclaimer

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