
US Digital Insurance Market: Insights, Trends & Forecast with Potential Impact of COVID-19 (2022-2026)
Description
US Digital Insurance Market: Insights, Trends & Forecast with Potential Impact of COVID-19 (2022-2026)
The U.S. digital insurance market revenues are forecasted to reach US$27.72 billion in 2026, growing at a CAGR of 20.70%, for the period spanning 2022-2026.
Factors such as rapid urbanization, growing smartphone users, rising healthcare expenditure and improving consumer confidence index are expected to drive the market growth. However, growth of the industry would be challenged by surge in competitive pressure and technological infrastructure risk. A few notable trends include high adoption of Internet of Things (IoT), emergence of digital document management and growth in Artificial Intelligence (AI) services applications.
The U.S. digital insurance market by application is segmented into health, auto, life and home. Among them, health held the largest share of the industry revenues due to growth in prevalence of disorders across the country.
Rising number of households, increasing initiatives by government, rising accidents and man-made disasters, improving consumer confidence in digital insurance industry and accelerating personal automobile purchases are supporting the market growth.
Scope of the report:
The report provides a comprehensive analysis of US digital insurance market, segmented into functions (commission & advertising) and applications (health, auto, life and home).
The market dynamics such as growth drivers, market trends and challenges are analysed in-depth.
The company profiles of leading players i.e. LendingTree, Inc., GoHealth, Inc., MediaAlpha, Inc., eHealth, Inc., EverQuote, Inc. and Digital Media Solutions, Inc. are also presented in detail.
Key Target Audience:
Digital Insurance Providers
Client Information Suppliers
End Users
Consulting Firms
Investment Banks
Government Bodies & Regulating Authorities
The U.S. digital insurance market revenues are forecasted to reach US$27.72 billion in 2026, growing at a CAGR of 20.70%, for the period spanning 2022-2026.
Factors such as rapid urbanization, growing smartphone users, rising healthcare expenditure and improving consumer confidence index are expected to drive the market growth. However, growth of the industry would be challenged by surge in competitive pressure and technological infrastructure risk. A few notable trends include high adoption of Internet of Things (IoT), emergence of digital document management and growth in Artificial Intelligence (AI) services applications.
The U.S. digital insurance market by application is segmented into health, auto, life and home. Among them, health held the largest share of the industry revenues due to growth in prevalence of disorders across the country.
Rising number of households, increasing initiatives by government, rising accidents and man-made disasters, improving consumer confidence in digital insurance industry and accelerating personal automobile purchases are supporting the market growth.
Scope of the report:
The report provides a comprehensive analysis of US digital insurance market, segmented into functions (commission & advertising) and applications (health, auto, life and home).
The market dynamics such as growth drivers, market trends and challenges are analysed in-depth.
The company profiles of leading players i.e. LendingTree, Inc., GoHealth, Inc., MediaAlpha, Inc., eHealth, Inc., EverQuote, Inc. and Digital Media Solutions, Inc. are also presented in detail.
Key Target Audience:
Digital Insurance Providers
Client Information Suppliers
End Users
Consulting Firms
Investment Banks
Government Bodies & Regulating Authorities
Table of Contents
75 Pages
- 1. Market Overview
- 1.1 Introduction
- 1.2 Digital vs Traditional Insurance
- Table 1: Digital vs Traditional Insurance
- 1.3 Applications
- 1.4 Benefits
- 2. Impact of COVID-19
- 2.1 Introduction
- 2.2 Impact on Digital Insurance Aggregators
- Table 2: Digital Insurance Aggregators Average Revenue Growth (2019/2020)
- 3. The U.S. Digital Insurance Market Analysis
- 3.1 The U.S. Digital Insurance Market Value
- Table 3: The U.S. Digital Insurance Market Value (2017-2021)
- 3.2 The U.S. Digital Insurance Market Value Forecast
- Table 4: The U.S. Digital Insurance Market Value Forecast (2022-2026)
- 3.3 The U.S. Digital Insurance Market Value by Functions
- Table 5: The U.S. Digital Insurance Market Value by Functions (2021)
- 3.3.1 The U.S. Digital Insurance Commission Market Value
- Table 6: The U.S. Digital Insurance Commission Market Value (2017-2021)
- 3.3.2 The U.S. Digital Insurance Commission Market Value Forecast
- Table 7: The U.S. Digital Insurance Commission Market Value Forecast (2022-2026)
- 3.3.3 The U.S. Digital Insurance Advertising Market Value
- Table 8: The U.S. Digital Insurance Advertising Market Value (2017-2021)
- 3.3.4 The U.S. Digital Insurance Advertising Market Value Forecast
- Table 9: The U.S. Digital Insurance Advertising Market Value Forecast (2022-2026)
- 3.4 The U.S. Digital Insurance Market Value by Applications
- Table 10: The U.S. Digital Insurance Market Value by Applications (2021)
- 3.4.1 The U.S. Digital Health Insurance Market Value
- Table 11: The U.S. Digital Health Insurance Market Value (2017-2021)
- 3.4.2 The U.S. Digital Health Insurance Market Value Forecast
- Table 12: The U.S. Digital Health Insurance Market Value Forecast (2022-2026)
- 3.4.3 The U.S. Digital Health Insurance Market Value by Functions
- Table 13: The U.S. Digital Health Insurance Market Value by Functions (2021)
- 3.4.4 The U.S. Digital Health Insurance Commission Market Value
- Table 14: The U.S. Digital Health Insurance Commission Market Value (2017-2021)
- 3.4.5 The U.S. Digital Health Insurance Commission Market Value Forecast
- Table 15: The U.S. Digital Health Insurance Market Commission Value Forecast (2021-2025)
- 3.4.6 The U.S. Digital Health Insurance Advertising Market Value
- Table 16: The U.S. Digital Health Insurance Advertising Market Value (2017-2021)
- 3.4.7 The U.S. Digital Health Insurance Advertising Market Value Forecast
- Table 17: The U.S. Digital Health Insurance Advertising Market Value Forecast (2022-2026)
- 3.4.8 The U.S. Digital Auto Insurance Market Value
- Table 18: The U.S. Digital Auto Insurance Market Value (2017-2021)
- 3.4.9 The U.S. Digital Auto Insurance Market Value Forecast
- Table 19: The U.S. Digital Auto Insurance Market Value Forecast (2022-2026)
- 3.4.10 The U.S. Digital Auto Insurance Market Value by Functions
- Table 20: The U.S. Digital Auto Insurance Market Value by Functions (2021)
- 3.4.11 The U.S. Digital Auto Insurance Advertising Market Value
- Table 21: The U.S. Digital Auto Insurance Advertising Market Value (2017-2021)
- 3.4.12 The U.S. Digital Auto Insurance Advertising Market Value Forecast
- Table 22: The U.S. Digital Auto Insurance Advertising Value Forecast (2022-2026)
- 3.4.13 The U.S. Digital Auto Insurance Commission Market Value
- Table 23: The U.S. Digital Auto Insurance Commission Market Value (2017-2021)
- 3.4.14 The U.S. Digital Auto Insurance Commission Market Value Forecast
- Table 24: The U.S. Digital Auto Insurance Commission Market Value Forecast (2022-2026)
- 3.4.15 The U.S. Digital Life Insurance Market Value
- Table 25: The U.S. Digital Life Insurance Market Value (2017-2021)
- 3.4.16 The U.S. Digital Life Insurance Market Value Forecast
- Table 26: The U.S. Digital Life Insurance Market Value Forecast (2022-2026)
- 3.4.17 The U.S. Digital Life Insurance Market Value by Functions
- Table 27: The U.S. Digital Life Insurance Market Value by Functions (2021)
- 3.4.18 The U.S. Digital Life Insurance Commission Market Value
- Table 28: The U.S. Digital Life Insurance Commission Market Value (2017-2021)
- 3.4.19 The U.S. Digital Life Insurance Commission Market Value Forecast
- Table 29: The U.S. Digital Life Insurance Commission Market Value Forecast (2022-2026)
- 3.4.20 The U.S. Digital Life Insurance Advertising Market Value
- Table 30: The U.S. Digital Life Insurance Advertising Market Value (2017-2021)
- 3.4.21 The U.S. Digital Life Insurance Advertising Market Value Forecast
- Table 31: The U.S. Digital Life Insurance Advertising Market Value Forecast (2021-2025)
- 3.4.22 The U.S. Digital Home Insurance Market Value
- Table 32: The U.S. Digital Home Insurance Market Value (2017-2021)
- 3.4.23 The U.S. Digital Home Insurance Market Value Forecast
- Table 33: The U.S. Digital Home Insurance Market Value Forecast (2022-2026)
- 3.4.24 The U.S. Digital Home Insurance Market Value by Functions
- Table 34: The U.S. Digital Home Insurance Market Value by Functions (2021)
- 3.4.25 The U.S. Digital Home Insurance Commission Market Value
- Table 35: The U.S. Digital Home Insurance Commission Market Value (2017-2021)
- 3.4.26 The U.S. Digital Home Insurance Commissions Market Value Forecast
- Table 36: The U.S. Digital Home Insurance Market Commissions Value Forecast (2022-2026)
- 3.4.27 The U.S. Digital Home Insurance Advertising Market Value
- Table 37: The U.S. Digital Home Insurance Advertising Market Value (2017-2021)
- 3.4.28 The U.S. Digital Home Insurance Advertising Market Value Forecast
- Table 38: The U.S. Digital Home Insurance Advertising Market Value Forecast (2022-2026)
- 4. Market Dynamics
- 4.1 Growth Drivers
- 4.1.1 Rapid Urbanization
- Table 39: The U.S. Urban Population (2017-2021)
- 4.1.2 Growing Smartphone Users
- Table 40: The U.S. Smartphone Users (2017-2021)
- 4.1.3 Rising Healthcare Expenditure
- Table 41: The U.S. Healthcare Expenditure per Capita (2017-2021)
- 4.1.4 Improving Consumer Confidence Index
- Table 42: The U.S. Consumer Confidence Index (2017-2021)
- 4.2 Key Trends and Developments
- 4.2.1 High Adoption of Internet of Things (IoT)
- 4.2.2 Emergence of Digital Document Management
- 4.2.3 Growth in Artificial Intelligence (AI) Services Applications
- 4.3 Challenges
- 4.3.1 Surge in Competitive Pressure
- 4.3.2 Technological Infrastructure Risk
- 5. Company Profiles
- 5.1 LendingTree, Inc.
- 5.1.1 Business Overview
- 5.2 GoHealth, Inc.
- 5.2.1 Business Overview
- 5.3 MediaAlpha, Inc.
- 5.3.1 Business Overview
- 5.4 eHealth, Inc.
- 5.4.1 Business Overview
- 5.5 EverQuote, Inc.
- 6.5.1 Business Overview
- 5.6 Digital Media Solutions, Inc.
- 5.6.1 Business Overview
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