Global Internet of Things (IoT) Insurance Market Size, Status and Forecast 2020-2026

The Internet of things (IoT) is the network of devices, vehicles, and home appliances that contain electronics, software, actuators, and connectivity which allows these things to connect, interact and exchange data.
Until recently, the Internet of Things (IoT) was on the strategic agenda of only the largest and most progressive insurers.
Market Analysis and Insights: Global Internet of Things (IoT) Insurance Market
In 2019, the global Internet of Things (IoT) Insurance market size was US$ 2610.4 million and it is expected to reach US$ 8740.9 million by the end of 2026, with a CAGR of 18.7% during 2021-2026.
Global Internet of Things (IoT) Insurance Scope and Market Size
Internet of Things (IoT) Insurance market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Internet of Things (IoT) Insurance market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Internet of Things (IoT) Insurance market is segmented into Health Insurance, Property and Causality Insurance, Agricultural Insurance, Life Insurance, etc.
Segment by Application, the Internet of Things (IoT) Insurance market is segmented into Automotive & Transport, Travel, Healthcare, Home and Commercial Buildings, Agriculture, Consumer Electronics, Others, etc.
Regional and Country-level Analysis
The Internet of Things (IoT) Insurance market is analysed and market size information is provided by regions (countries).
The key regions covered in the Internet of Things (IoT) Insurance market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape

and Internet of Things (IoT) Insurance Market Share Analysis
Internet of Things (IoT) Insurance market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Internet of Things (IoT) Insurance business, the date to enter into the Internet of Things (IoT) Insurance market, Internet of Things (IoT) Insurance product introduction, recent developments, etc.
The major vendors include IBM Corporation (US), Accenture (Ireland), Cognizant (US), Oracle Corporation (US), Zonoff Inc (US), Capgemini (France), SAP SE (Germany), LexisNexis (US), Lemonade Inc (US), Hippo Insurance (US), etc.

This report focuses on the global Internet of Things (IoT) Insurance status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Internet of Things (IoT) Insurance development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study

IBM Corporation (US)
Accenture (Ireland)
Cognizant (US)
Oracle Corporation (US)
Zonoff Inc (US)
Capgemini (France)
SAP SE (Germany)
LexisNexis (US)
Lemonade Inc (US)
Hippo Insurance (US)

Market segment by Type, the product can be split into

Health Insurance
Property and Causality Insurance
Agricultural Insurance
Life Insurance

Market segment by Application, split into

Automotive & Transport
Travel
Healthcare
Home and Commercial Buildings
Agriculture
Consumer Electronics
Others

Market segment by Regions/Countries, this report covers

North America
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:

To analyze global Internet of Things (IoT) Insurance status, future forecast, growth opportunity, key market and key players.
To present the Internet of Things (IoT) Insurance development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Internet of Things (IoT) Insurance are as follows:
History Year: 2015-2019

Base Year:

2019

Estimated Year:

2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.