Internet Of Things (IoT) Insurance Market 2021
AbsoluteMarketsInsights Presents “Internet Of Things (IoT) Insurance Market Research Report –Global Forecast to 2030” New Document to its Studies Database
Internet of Things (IoT) in Insurance Market was valued at US$ 3,094.9 Mn in 2018 and is expected to reach US$ 84,427.6 Mn by 2030 growing at a CAGR of 44.7% over the Forecast Period Owing to Growing Demand for Cloud Platform and Other Value-Added Services in Insurance Industry, Says Absolute Markets Insights
Some of the players operating in the Internet of Things (IoT) in Insurance Market insurance market are Accenture, Allianz, American Family Insurance, AXA, Capgemini, Cognizant, Hippo Insurance, IBM Corporation
Absolute Markets Insights detailed analysis of its prolific knowledge storehouse titled; Internet of Things (IoT) in Insurance Market has been published. Designed using singular techniques, with detailed employment of primary and secondary research methodologies, the data presented is particular and robust. The information, thus presented factors in the different dynamics of business that have been elaborated to get a comprehensive description of changing variables.
Access Full Report Details and Order this Premium Report @ https://www.absolutemarketsinsights.com/reports/Internet-of-things-IoT-Insurance-Market-2019-2030-430
Major Key Players:
Some of the players operating in the Internet of Things (IoT) in Insurance Market are Accenture, Allianz, American Family Insurance, AXA, Capgemini, Cognizant, Hippo Insurance, IBM Corporation, Lemonade Insurance Agency, LexisNexis, Liberty Mutual Insurance, Oracle Corporation, Oscar Insurance Corporation, Progressive Casualty Insurance Company, Inc., SAP SE, State Farm., amongst others.
Key Findings of the Report:
In terms of revenue, the global Internet of Things (IoT) in Insurance Market is expected to reach US$ 84,427.6 Mn by 2030 owing to incorporation of Internet of Things (IoT) in Insurance Market to streamline field operations and predictive calculation of risk.
On the basis of offering, the application and platform which is a sub segment of solutions segment is expected to witness the fastest CAGR over the forecast years, owing to the introduction of Internet of Things (IoT) in Insurance Market connectivity such as low power wide area which offers faster connectivity at lower costs
On the basis of application, the connected car segment is expected to hold the largest market size over the forecast period, owing to concerns regarding the safety and security measures for the driver, which in turn helps the insurers to obtain an easier claim process.
Applications and Platforms
Infrastructure and Protocols
Connected Supply Chain
Rest of Europe
Rest of Southeast Asia
Rest of Asia Pacific
Rest of Latin America
Middle East and Africa
Rest of Middle East & Africa
Absolute Markets Insights
Email: [email protected]