IoT Insurance Market Share and Size is Projected to Reach USD 775.65 Billion at CAGR 62.2% by 2028
The Latest research study released by Emergen Research on “IoT Insurance Market” with 150+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in identifying the importance of different factors that leads the market growth.
Internet of Things (IoT) Insurance Market By Insurance Type, By Application (Connected Home, Connected Car, Connected Health, Commercial Lines, Others), By End-Use (Automotive, Retail, Industrial, Residential, Healthcare, Logistics, Others), and By Region, Forecast to 2028.
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Key Highlights in Report
- Increasing usage of IoT-driven devices in property & casualty insurance to mitigate insurance costs and enhance risk management are some key factors driving revenue growth of the property & casualty insurance segment, which is expected to register a significantly high CAGR of 62.7% over the forecast period.
- In terms of revenue share, connected car segment is expected to lead during the forecast period due to increasing application of telematics and IoT-driven sensors in cars.
Key Players Included in this report are:
- Google LLC
- Microsoft Corporation
- International Business Machines Corporation
- Oracle Corporation
- Cisco Systems, Inc.
- SAP SE
- Accenture PLC
- Wipro Ltd.
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What can be explored with the IoT Insurance Market Study?
- Gain Market Understanding
- Identify Growth Opportunities
- Analyze and Measure the Global IoT Insurance Market by Identifying Investment across various Industry Verticals
- Understand the Trends that will drive Future Changes in IoT Insurance
- Understand the Competitive Scenarios
- Track Right Markets
- Identify the Right Verticals
Market Segmentation Analysis
Players can concentrate on high-growth regions and, if necessary, modify their business plan according to the research report. The IoT Insurance market is divided into a variety of categories, uses, and geographical areas. Players gain from the report’s regional segmentation research since it offers pertinent data and insights into important geographic marketplaces.
COVID-19 Impact Analysis
The post-COVID-19 phase has undergone substantial change, and IoT Insurance market research highlights the opportunities and difficulties that still exist. This study report thoroughly examines the effects of the COVID-19 pandemic on the global economy and post-pandemic market behaviour.
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Regional Outlook
We carefully examined each division, regional classification, national study, and subject-specific data set during the market research. This IoT Insurance research report’s goal is to look at growth patterns, promising futures, important obstacles, and expected results. Information on significant market participants, strategic alliances, plans, new product launches, and joint ventures are all included in the research.
Key Reasons to Purchase IoT Insurance Market Report
- The reader will be in a position to comprehend and react to marketing strategies like using strengths and conducting a SWOT analysis.
- The research looks into the dynamics of the target market and how the conflict between Russia and Ukraine has affected it.
Table of Content:
Methodology & Sources
- Market Definition
- Research Scope
- Methodology
- Research Sources
- Primary
- Secondary
- Paid Sources
- Market Estimation Technique
- Executive Summary
- Summary Snapshot, 2020-2028
- Key Insights
ToC Continue…!
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