Global InsurTech Market Report 2020: Market is Poised to Grow by $21.72 Billion During 2020-2024, Progressing at a CAGR of 36% - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global InsurTech Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.

The insurtech market is poised to grow by $ 21.72 bn during 2020-2024 progressing at a CAGR of 36% during the forecast period

The report on 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 global market scenario, latest trends and drivers, and the overall market environment.

The market is driven by the need to improve business efficiency and increased need for greater customer satisfaction.

This study identifies the influence of digitization as one of the prime reasons driving the insurtech market growth during the next few years. The report 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.

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 Alan SA, Clover Health, Cytora Ltd., Haven Life Insurance Agency LLC, Oscar Insurance Corp., Quantemplate Technologies Inc., Shift Technology, simplesurance GmbH, Trov Insurance Solutions LLC, and ZhongAn Online P&C Insurance Co. 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 on all forthcoming growth opportunities.

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 and vendor landscape in addition to an analysis of the key vendors.

Key Topics Covered:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• COVID-19 impact on IT sector

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Value Chain Positioning

• Market segments
• Comparison by value chain positioning
• Marketing and distribution - Market size and forecast 2019-2024
• IT support - Market size and forecast 2019-2024
• Policy administration and management - Market size and forecast 2019-2024
• Claim management - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by value chain positioning

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Alan SA
• Clover Health
• Cytora Ltd.
• Haven Life Insurance Agency LLC
• Oscar Insurance Corp.
• Quantemplate Technologies Inc.
• Shift Technology
• simplesurance GmbH
• Trov Insurance Solutions LLC
• ZhongAn Online P&C Insurance Co. Ltd.

Appendix

For more information about this report visit https://www.researchandmarkets.com/r/yoeud1