Report overview
A key driving factor for the growth of the market is the growing adoption of Internet of Things (IoT) for various insurance applications such as health, life, automobiles, travel, and agriculture sectors, among others.
This report aims to provide a comprehensive presentation of the global market for IoT 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 IoT Insurance. This report contains market size and forecasts of IoT Insurance in global, including the following market information:
Global IoT Insurance Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global top five companies in 2023 (%)
The global IoT Insurance market was valued at US$ million in 2023 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.
APAC region to be the fastest-growing market for IoT insurance.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the IoT 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 IoT Insurance Market, by Type, 2019-2024, 2024-2029 ($ millions)
Global IoT Insurance Market Segment Percentages, by Type, 2023 (%)
Long-Term Insurance
Short-Term Insurance
Global IoT Insurance Market, by Application, 2019-2024, 2024-2029 ($ millions)
Global IoT Insurance Market Segment Percentages, by Application, 2023 (%)
Automotive & Transportation
Home & Commercial Buildings
Life & Health
Global IoT Insurance Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions)
Global IoT Insurance Market Segment Percentages, By Region and Country, 2023 (%)
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 IoT Insurance revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies IoT Insurance revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
International Business Machines
Sap
Oracle
Google
Microsoft
Cisco Systems
Accenture
Verisk Analytics
Concirrus
Lexisnexis
Zonoff
Outline of Major Chapters:
Chapter 1: Introduces the definition of IoT Insurance, market overview.
Chapter 2: Global IoT Insurance market size in revenue.
Chapter 3: Detailed analysis of IoT 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 IoT 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.
