IoT Insurance Market Insights, Forecast to 2028 | Google LLC, Microsoft Corporation, Wipro Ltd., Capgemini SE, SAP SE
IoT Insurance Market Size โ USD 16.28 Billion in 2020, Market Growth โ at a CAGR of 62.2%
VANCOUER, BC, CANADA, June 16, 2022 /EINPresswire.com/ -- The global Internet of Things (IoT) insurance market is expected to reach a market size of USD 775.65 Billion by 2028 and register a high revenue CAGR, according to latest analysis by Emergen Research. Increasing demand for IoT devices in the insurance industry to enhance customer experience is the key factor driving the global Internet of Things (IoT) insurance market growth during the forecast period. Besides, growing demand for value-added services is expected to propel global Internet of Things (IoT) insurance market growth during the forecast period. Furthermore, increasing adoption of Internet of Things (IoT) devices in developing and developed countries is expected to augment global Internet of Things (IoT) insurance market growth going ahead.
Key Internet of things insurance market participants include Google LLC, Microsoft Corporation, International Business Machines Corporation, Oracle Corporation, Cisco Systems, Inc., SAP SE, Accenture PLC, Concirrus Ltd., Wipro Ltd., and Capgemini SE.
๐๐๐ญ ๐๐ซ๐๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ข๐ง๐ญ๐๐ซ๐ง๐๐ญ ๐จ๐ ๐ญ๐ก๐ข๐ง๐ ๐ฌ ๐ข๐ง๐ฌ๐ฎ๐ซ๐๐ง๐๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐: https://www.emergenresearch.com/request-sample/500
The research report on the Global Internet of things insurance market is formulated with insightful data that will help the established companies and new entrants to analyze the business trends and capitalize on investment strategies. The Internet of things insurance market is analyzed with an aim to provide assistance to the readers to gain maximum returns on the investment and to enable an informed decision-making process.
๐๐จ๐ฆ๐ ๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ซ๐จ๐ฆ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ :
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.
In terms of market share, the automotive segment is expected to account for the largest market share during the forecast period due to increasing adoption of IoT driven V2X-connected vehicles, which generate IoT data flow and evaluate premium costs.
Due to robust presence of international market players, including Microsoft Corporation, Google LLC, Oracle Corporation, and Cisco Systems, Inc., among others in countries in North America, the market in the region is expected to lead in terms of revenue share among other regional markets during the forecast period.
๐๐๐๐๐ฌ๐ฌ ๐๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฌ๐๐ซ๐ข๐ฉ๐ญ๐ข๐จ๐ง, ๐๐๐, ๐๐๐๐ฅ๐ ๐จ๐ ๐ ๐ข๐ ๐ฎ๐ซ๐, ๐๐ก๐๐ซ๐ญ, ๐๐ญ๐. @ https://www.emergenresearch.com/industry-report/internet-of-things-insurance-market
The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The study also includes significant information pertinent to the Internet of things insurance market industry, particularly the current COVID-19 scenario. Exhaustive coverage of the COVID-19 impact on the Internet of things insurance market industry is a major attraction of the report.
๐๐ฆ๐๐ซ๐ ๐๐ง ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ก๐๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐๐ง๐ญ๐๐ซ๐ง๐๐ญ ๐จ๐ ๐๐ก๐ข๐ง๐ ๐ฌ (๐๐จ๐) ๐ข๐ง๐ฌ๐ฎ๐ซ๐๐ง๐๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐จ๐ง ๐ญ๐ก๐ ๐๐๐ฌ๐ข๐ฌ ๐จ๐ ๐ข๐ง๐ฌ๐ฎ๐ซ๐๐ง๐๐ ๐ญ๐ฒ๐ฉ๐, ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง, ๐๐ง๐-๐ฎ๐ฌ๐, ๐๐ง๐ ๐ซ๐๐ ๐ข๐จ๐ง.
Insurance Type Outlook (Revenue, USD Billion; 2021โ2028)
Pension Insurance
Warranty Insurance
Cyber Insurance
Life Insurance
Property & Casualty Insurance
Health Insurance
Others
Application Outlook (Revenue, USD Billion; 2021โ2028)
Connected Home
Connected Car
Connected Health
Commercial Lines
Others
๐ข๐ง๐ญ๐๐ซ๐ง๐๐ญ ๐จ๐ ๐ญ๐ก๐ข๐ง๐ ๐ฌ ๐ข๐ง๐ฌ๐ฎ๐ซ๐๐ง๐๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ง๐ ๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง @
https://www.emergenresearch.com/request-for-customization/500
The report offers these individuals a vivid description of the competitive spectrum of the global internet of things insurance market .The global health emergency has beleaguered the global economy, thereby disrupting this particular business domainโs functioning mechanism. It assesses the present market scenario and forecasts the pandemicโs aftermath in this business sector to help organizations boost their COVID-19 preparedness.
๐๐๐จ๐ ๐ซ๐๐ฉ๐ก๐ข๐๐๐ฅ๐ฅ๐ฒ, ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ญ๐ก๐ ๐ค๐๐ฒ ๐ซ๐๐ ๐ข๐จ๐ง๐ฌ, ๐๐จ๐๐ฎ๐ฌ๐๐ฌ ๐จ๐ง ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ ๐ฌ๐๐ฅ๐๐ฌ, ๐ฏ๐๐ฅ๐ฎ๐, ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ก๐๐ซ๐ ๐๐ง๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐ข๐ง ๐ญ๐ก๐๐ฌ๐ ๐ซ๐๐ ๐ข๐จ๐ง๐ฌ, ๐๐จ๐ฏ๐๐ซ๐ข๐ง๐ :
United States
Europe
China
Japan
Southeast Asia
India
๐๐ ๐๐๐ง ๐๐ฅ๐ฌ๐จ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ ๐ญ๐ก๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐ฌ๐๐ฉ๐๐ซ๐๐ญ๐ ๐ซ๐๐ ๐ข๐จ๐ง๐๐ฅ ๐จ๐ซ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐ฅ๐๐ฏ๐๐ฅ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ, ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ซ๐๐ ๐ข๐จ๐ง๐ฌ:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
Key Points Covered in Internet of things insurance market Report:
Internet of things insurance market Overview, Definition and Classification Market drivers and barriers
Internet of things insurance market Competition by Manufacturers
Impact Analysis of COVID-19 on Internet of things insurance market
Internet of things insurance market Capacity, Production, Revenue (Value) by Region
Internet of things insurance market Supply (Production), Consumption, Export, Import by Region
Internet of things insurance market Production, Revenue (Value), Price Trend by Type {Telephony, Unified Messaging, Conferencing, Collaboration Platforms}
Internet of things insurance market Analysis by Application {Enterprises, Education, Government, Healthcare, Others}
Internet of things insurance market Manufacturers Profiles/Analysis Internet of things insurance market Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
๐๐๐ค๐ ๐ ๐๐จ๐จ๐ค ๐๐ญ ๐จ๐ฎ๐ซ ๐จ๐ญ๐ก๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
human microbiome modulators market
spinal fusion devices market
soil monitoring market
https://www.google.at/url?q=https://www.emergenresearch.com/industry-report/soil-monitoring-market
blockchain ai market
https://www.google.at/url?q=https://www.emergenresearch.com/industry-report/blockchain-ai-market
progressive web application market
frp vessels market
https://www.google.at/url?q=https://www.emergenresearch.com/industry-report/frp-vessels-market
mammography workstations market
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
Thank you for reading our report. For further details or to inquire about customization, please let us know. We will offer you the report as per your needs.
Eric Lee
Emergen Research
+91 90210 91709
sales@emergenresearch.com
Visit us on social media:
Facebook
Twitter
LinkedIn
1 https://www.emergenresearch.com/industry-report/internet-of-things-insurance-market
![](https://www.einpresswire.com/tracking/article.gif?t=4&a=55cSocEy91gkFOtW&i=DIM5jw24cEOI3YhZ)