Report overview
Blockchain has the ability to?help automate claims functions by verifying coverage between companies and reinsurers. It will also automate payments between parties for claims and thus lower administrative costs for insurance companies.
This report contains market size and forecasts of Blockchain Service in Insurance in Global, including the following market information:
Global Blockchain Service in Insurance Market Revenue, 2018-2023, 2023-2030, ($ millions)
Global top five companies in 2022 (%)
The global Blockchain Service in Insurance market was valued at US$ million in 2022 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period 2023-2030.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.
Smart Contract Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Blockchain Service in Insurance include Everledger, IBM, Nationwide, ConsenSys Software Inc, Deloitte, Lemonade, Etherisc, B3I and Dynamis, etc. In 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Blockchain Service in Insurance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Blockchain Service in Insurance Market, by Type, 2018-2023, 2023-2030 ($ millions)
Global Blockchain Service in Insurance Market Segment Percentages, by Type, 2022 (%)
Smart Contract
Advanced Automation
Cybersecurity Stronghold
Global Blockchain Service in Insurance Market, by Application, 2018-2023, 2023-2030 ($ millions)
Global Blockchain Service in Insurance Market Segment Percentages, by Application, 2022 (%)
Health Insurance
Life Insurance
Property Insurance
Reinsurance
Others
Global Blockchain Service in Insurance Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions)
Global Blockchain Service in Insurance Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Blockchain Service in Insurance revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Blockchain Service in Insurance revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Everledger
IBM
Nationwide
ConsenSys Software Inc
Deloitte
Lemonade
Etherisc
B3I
Dynamis
Tierion
IntellectEU
StateFarm
USAA
Allianz
Anthem
Institutes RiskStream Collaborative
Metlife
Ryskex
Fidentiax
Black
Imaginovation
Wipro
Corda
EY
