Global Internet of Things on Insurance Market Insights: Impact of COVID-19 and Future Expectations to 2025

SKU ID : Maia-18473349 | Publishing Date : 09-Jun-2021 | No. of pages : 107

The Internet of Things on Insurance market revenue was 764 Million USD in 2019, and will reach 11855 Million USD in 2025, with a CAGR of 57.92% during 2020-2025. IoT Insurance provides insurance companies with an opportunity to work with policyholders to gain a comprehensive understanding of policyholders, reduce risk in real time and reduce insurance company claims, and provide deeper levels of satisfaction for policyholders. The Internet of Things market and the smart city market are growing rapidly. Therefore, the demand for IoT insurance is rapidly increasing. With IoT insurance, insurers can leverage data from all types of devices and external sources and provide the best protection for their policyholders.
This report elaborates the market size, market characteristics, and market growth of the Internet of Things on Insurance industry, and breaks down according to the type, application, and consumption area of Internet of Things on Insurance. The report also introduces players in the industry from the perspective of the industry chain and marketing chain and describes the leading companies.

In Chapter 2.3 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Internet of Things on Insurance in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
Chapter 2.5 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.
In addition, chapters 6-10 consider the impact of COVID-19 on the regional economy.

Key players in the global Internet of Things on Insurance market covered in Chapter 11:
Cognizant
LexisNexis
IBM Corporation
SAP SE
Oracle Corporation
Capgemini
Lemonade Inc.
Accenture
Hippo Insurance
Zonoff Inc.

In Chapter 3, on the basis of types, the Internet of Things on Insurance market from 2015 to 2025 is primarily split into:
Health insurance
Property and causality InsuranceMotor insurance
Home insurance
Commercial Insurance
Agricultural insurance
Life Insurance
Others

In Chapter 4, on the basis of applications, the Internet of Things on Insurance market from 2015 to 2025 covers:
Automotive &Transport
Healthcare
Home and Commercial Buildings
Agriculture
Consumer Electronics
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered in Chapter 5, 6, 7, 8, 9, 10:
North America (Covered in Chapter 6)
United States
Canada
Mexico
Europe (Covered in Chapter 7)
Germany
UK
France
Italy
Spain
Russia
Others
Asia-Pacific (Covered in Chapter 8)
China
Japan
South Korea
Australia
India
Middle East and Africa (Covered in Chapter 9)
Saudi Arabia
UAE
Egypt
South Africa
South America (Covered in Chapter 10)
Brazil
Argentina
Columbia

Years considered for this report:


Historical Years:

2015-2019

Base Year:

2019

Estimated Year:

2020

Forecast Period:

2020-2025

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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