InsurTech Market 2023-2027: A Descriptive Analysis of Parent Market, Five Forces Model, Market Dynamics, & Segmentation - Technavio
NEW YORK, Nov. 23, 2022 /PRNewswire/ -- According to Technavio, the global InsurTech market size is projected to grow by USD 61756.27 million from 2022 to 2027. The market is estimated to grow at a CAGR of 44.05% during the forecast period. Europe held the largest share of the global market in 2022, and the market in the region is estimated to witness an incremental growth of 50%.
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Global InsurTech Market - Parent Market Analysis
Technavio categorizes the global InsurTech market as a part of the systems software market, which covers companies engaged in developing and producing application and system software. The parent market also includes companies offering database management software and organizations that are engaged in developing application development and management software, cloud computing software, data center and hosting software, IT management software, mobility software, networking software, security software, and storage software.
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Global InsurTech Market - Five Forces
The global InsurTech market is fragmented, and the five forces analysis covers –
Global InsurTech Market – Customer Landscape
The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global InsurTech Market - Segmentation Assessment
Technavio has segmented the market based on management, deployment, and region.
By geography, the global InsurTech market is segmented into North America, Europe, APAC, the Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global InsurTech market.
Global InsurTech Market – Market Dynamics
Key factor driving market growth
Recent trends influencing the market
Major challenges hindering market growth
What are the key data covered in this InsurTech market report?
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Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Management
7 Market Segmentation by Deployment
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
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