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Global Insurtech Market 2025-2029

Publisher TechNavio
Published Feb 22, 2025
Length 205 Pages
SKU # INF19659165

Description

Insurtech Market 2025-2029

The insurtech market is forecasted to grow by USD 114393.8 million during 2024-2029, accelerating at a CAGR of 43.6% during the forecast period. The report on the 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing need to improve business efficiency, high influence of digitization, and increased need for greater customer satisfaction.

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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's insurtech market is segmented as below:

By Application
  • Marketing and distribution
  • IT support
  • Claim management
  • Policy administration and management
  • Others
By Deployment
  • On-premises
  • Cloud
By Geographical Landscape
  • North America
  • Europe
  • APAC
  • Middle East and Africa
  • South America
This study identifies the investors collaborating with insurtech firms as one of the prime reasons driving the insurtech market growth during the next few years. Also, integration of wearables into customer engagement metrics for insurance and integration of big data and AI in insurtech will lead to sizable demand in the market.

The report on the insurtech market covers the following areas:
  • Insurtech Market sizing
  • Insurtech Market forecast
  • Insurtech Market industry analysis
The 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 insurtech market vendors that include Acko Technology and Services Pvt. Ltd., Allianz SE, Charles Taylor Ltd., Cuvva Ltd., Cytora Ltd., DeadHappy Ltd., F2X Group Ltd., Kin Insurance Technology Hub LLC, Laka Ltd., Massachusetts Mutual Life Insurance Co., Milvik AB, Nimbla Ltd., simplesurance GmbH, Slice Insurance Technologies Inc., Uinsure Ltd., Urban Jungle Services Ltd., Wrisk Ltd., and ExtraCover Ltd.. Also, the insurtech 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 publisher 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 primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

205 Pages
    • Market overview
    • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
    • Criticality of inputs and Factors of differentiation
    • Factors of disruption
    • Impact of drivers and challenges
    • Market ecosystem
    • Market characteristics
    • Value chain analysis
    • Market definition
    • Market segment analysis
    • Market size 2024
    • Market outlook: Forecast for 2024-2029
    • Global InsurTech Market 2019 - 2023
    • Application segment analysis 2019 - 2023
    • Deployment segment analysis 2019 - 2023
    • Geography segment analysis 2019 - 2023
    • Country segment analysis 2019 - 2023
    • Impact of Global InsurTech Market
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
    • Market segments
    • Comparison by Application
    • Marketing and distribution - Market size and forecast 2024-2029
    • IT support - Market size and forecast 2024-2029
    • Claim management - Market size and forecast 2024-2029
    • Policy administration and management - Market size and forecast 2024-2029
    • Others - Market size and forecast 2024-2029
    • Market opportunity by Application
    • Market segments
    • Comparison by Deployment
    • On-premises - Market size and forecast 2024-2029
    • Cloud - Market size and forecast 2024-2029
    • Market opportunity by Deployment
    • Customer landscape overview
    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2024-2029
    • Europe - Market size and forecast 2024-2029
    • APAC - Market size and forecast 2024-2029
    • Middle East and Africa - Market size and forecast 2024-2029
    • South America - Market size and forecast 2024-2029
    • US - Market size and forecast 2024-2029
    • UK - Market size and forecast 2024-2029
    • France - Market size and forecast 2024-2029
    • Canada - Market size and forecast 2024-2029
    • China - Market size and forecast 2024-2029
    • Germany - Market size and forecast 2024-2029
    • India - Market size and forecast 2024-2029
    • Mexico - Market size and forecast 2024-2029
    • Italy - Market size and forecast 2024-2029
    • Brazil - Market size and forecast 2024-2029
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Impact of drivers and challenges
    • Market opportunities/restraints
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
    • Companies profiled
    • Company ranking index
    • Market positioning of companies
    • Acko Technology and Services Pvt. Ltd.
    • Charles Taylor Ltd.
    • Cuvva Ltd.
    • DeadHappy Ltd.
    • F2X Group Ltd.
    • Kin Insurance Technology Hub LLC
    • Laka Ltd.
    • Massachusetts Mutual Life Insurance Co.
    • Milvik AB
    • Nimbla Ltd.
    • simplesurance GmbH
    • Slice Insurance Technologies Inc.
    • Uinsure Ltd.
    • Wrisk Ltd.
    • ExtraCover Ltd.
    • Scope of the report
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations
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