This report aims to provide a comprehensive presentation of the global market for AI in Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding AI in Insurance. This report contains market size and forecasts of AI in Insurance in global, including the following market information:
Global AI in Insurance Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global AI in Insurance market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Cloud Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of AI in Insurance include AIA Group Ltd, AIG, Allianz SE, AXA and Berkshire Hathaway, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the AI 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 AI in Insurance Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global AI in Insurance Market Segment Percentages, by Type, 2022 (%)
Global AI in Insurance Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global AI in Insurance Market Segment Percentages, by Application, 2022 (%)
- Chatbots & Virtual Assistance
- Fraud Detection
- Customer Relationship Management
- Cybersecurity
- Payment Gateways
- Financial Transactions
- Other
Global AI in Insurance Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global AI in Insurance Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies AI in Insurance revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies AI in Insurance revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- AIA Group Ltd
- AIG
- Allianz SE
- AXA
- Berkshire Hathaway
Outline of Major Chapters:
Chapter 1: Introduces the definition of AI in Insurance, market overview.
Chapter 2: Global AI in Insurance market size in revenue.
Chapter 3: Detailed analysis of AI in Insurance company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of AI in Insurance in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
