Global Internet of Things (IoT) Insurance Market – Overview:
The latest market intelligence report, titled ‘Global Internet of Things (IoT) Insurance Market’, is intended to provide the target audience with the necessary information about the global Internet of Things (IoT) Insurance industry. The report comprises a detailed analysis of the vital elements of the Internet of Things (IoT) Insurance market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Internet of Things (IoT) Insurance market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. Therefore, the report, published by Emergen Research, is a detail-oriented compilation of the crucial aspects of the Internet of Things (IoT) Insurance market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others.
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 adoptionof Internet of Things (IoT) devices in developing and developed countries is expected to augment global Internet of Things (IoT) insurance market growth going ahead.
COVID-19 Impact Analysis:
This report is the latest document encompassing the massive changes that took place in the Internet of Things (IoT) Insurance market following the emergence of the COVID-19 pandemic. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Internet of Things (IoT) Insurance market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment. Therefore, the report fully covers the profound impact of COVID-19 on this industry, with a special focus on the affected industry segments. However, the market is expected to regain momentum in the post-COVID-19 era. The report also offers an initial and future impact assessment of the pandemic on the Internet of Things (IoT) Insurance industry. Hence, the vital COVID-19 insights offered by the report are expected to help organizations manage their businesses effectively in extreme economic uncertainties.
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Global Internet of Things (IoT) Insurance Market Report – Table of Contents:
- Chapter 1 includes the global Internet of Things (IoT) Insurance market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
- Chapter 2 broadly categorizes the Internet of Things (IoT) Insurance market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
- Chapter 3 elaborates on the competitive outlook of the Internet of Things (IoT) Insurance market, focusing on the major manufacturers and vendor landscape.
- Chapter 4 exhaustively studies the key manufacturers of the Internet of Things (IoT) Insurance industry, along with their anticipated sales and revenue shares.
- Chapters 5 includes market segmentation based on product type, application range, and market players.
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Regional Overview:
The global Internet of Things (IoT) Insurance market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Internet of Things (IoT) Insurance market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Leading companies profiled in the report:
Google LLC, Microsoft Corporation, International Business Machines Corporation, Oracle Corporation, Cisco Systems, Inc., SAP SE, Accenture PLC, Wipro Ltd., Damco International AS, Capgemini SE
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Global Internet of Things (IoT) Insurance Market Segmentation:
-
Insurance Type Outlook (Revenue, USD Billion; 2021–2028)
- Pension Insurance
- Warranty Insurance
- Cyber Insurance
- Life Insurance
- Property & Casualty Insurance
- Health Insurance
- Others
-
Application Outlook (Revenue, USD Billion; 2021–2028)
- Connected Home
- Connected Car
- Connected Health
- Commercial Lines
- Others
-
End-use Outlook (Revenue, USD Billion; 2021–2028)
- Automotive
- Retail
- Industrial
- Residential
- Healthcare
- Logistics
- Others
The report considers the following timeline for market estimation:
- Historical Years: 2018-2019
- Base Year: 2020
- Estimated Year: 2030
- Forecast Years: 2021-2030
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