According to the research report, the global market for InsurTech (Insurance Technology) should grow from US$ 1220.5 million in 2022 to US$ 41290 million by 2029, with a CAGR of 18.8% for the period of 2023-2029.
Global key players of Insurtech include DXC Technology, Damco Solutions, Wipro Limited, and Majesco, etc. The top four players hold a share over 1% respectively. In the view of region, North America and Europe, both have a share about 20%. In terms of application, the largest application is AI, followed by cloud computing, which account for a share of 35%, 25% respectively. Based on the application, the property and casualty, hold a share over 50%.
Insurtech refers to technological innovations that are created and implemented to improve the efficiency of the insurance industry. Insurtech powers the creation, distribution, and administration of the insurance business.Technologies that are currently used in the insurtech field mainly covered Artificial intelligence (AI), Machine learning (ML), Internet of Things (IoT), Smartphone apps, Blockchain technology, etc.The report mainly counts InsurTech technology providers, third-party platforms, agency platforms and insurance IT is not covered.
This report studies and analyses global InsurTech (Insurance Technology) status and future trends, to help determine the InsurTech (Insurance Technology) market size of the total market opportunity by Type, by Application, by company, and by region & country. This report is a detailed and comprehensive analysis of the world market for InsurTech (Insurance Technology), and provides market size (US$ million) and Year-over-Year growth, considering 2022 as the base year.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
To assess the competitive environment within the market including supplier revenue, market share, and company profiles.
Report Highlights
(1) Global InsurTech (Insurance Technology) market size, history data 2018-2023, and forecast data 2024-2029, (US$ million)
(2) Global InsurTech (Insurance Technology) by company, revenue, market share and industry ranking 2018-2023, (US$ million)
(3) China InsurTech (Insurance Technology) by company, revenue, market share and industry ranking 2018-2023, (US$ million)
(4) Global InsurTech (Insurance Technology) key consuming regions, consumption value and demand structure
(5) InsurTech (Insurance Technology) industry chains, upstream, midstream and downstream
Market segment by players, this report covers
Zipari
Corvus Insurance
Wipro Limited
DXC Technology Company
Majesco
OutSystems
Damco Solutions
Octo
ControlExpert
Sureify
iSoftStone
eBaoTech
Market segment by Type, covers
Cloud Computing
IoT
AI
Others
Market segment by Application, can be divided into
Property and Casualty
Health
Life
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Key Findings from The Report:
Chapter 1: to describe InsurTech (Insurance Technology) product scope, global consumption value, China consumption value, development opportunities, challenges, trends, and policies.
Chapter 2: Global InsurTech (Insurance Technology) market share and ranking of major manufacturers, revenue, 2018-2023
Chapter 3: China InsurTech (Insurance Technology) market share and ranking of major manufacturers, revenue, 2018-2023
Chapter 4: InsurTech (Insurance Technology) industry chain, upstream, medium-stream, and downstream.
Chapter 5: Segment by Type, consumption value, percent & CAGR, 2018-2029
Chapter 6: Segment by Application, consumption value, percent & CAGR, 2018-2029
Chapter 7: Segment in regional level, consumption value, percent & CAGR, 2018-2029
Chapter 8: Segment in country level, consumption value, percent & CAGR, 2018-2029
Chapter 9: Company profile, introducing the basic situation of the main companies in the market in detail, including product specifications, application, recent development, revenue, gross margin.
Chapter 10: Conclusions
1 Market Overview
1.1 InsurTech (Insurance Technology) Definition
1.2 Global InsurTech (Insurance Technology) Market Size and Forecast
1.3 China InsurTech (Insurance Technology) Market Size and Forecast
1.4 China Percentage in Global Market
1.5 InsurTech (Insurance Technology) Market Size: China VS Global Growth Rate, 2018-2029
1.6 InsurTech (Insurance Technology) Market Dynamics
1.6.1 InsurTech (Insurance Technology) Market Drivers
1.6.2 InsurTech (Insurance Technology) Market Restraints
1.6.3 InsurTech (Insurance Technology) Industry Trends
1.6.4 InsurTech (Insurance Technology) Industry Policy
2 Global Leading Players and Market Share
2.1 By Revenue of InsurTech (Insurance Technology), Global Market Share by Company, 2018-2023
2.2 Global InsurTech (Insurance Technology) Participants, Market Position (Tier 1, Tier 2, and Tier 3)
2.3 Global InsurTech (Insurance Technology) Concentration Ratio
2.4 Global InsurTech (Insurance Technology) Mergers & Acquisitions, Expansion Plans
2.5 Global InsurTech (Insurance Technology) Major Companies Product Type
2.6 Head Office and InsurTech (Insurance Technology) Production Site of Key Manufacturer
3 China Leading Players, Market Share and Ranking
3.1 By Revenue of InsurTech (Insurance Technology), China Market Share by Company, 2018-2023
3.2 China InsurTech (Insurance Technology) Participants, Market Position (Tier 1, Tier 2, and Tier 3)
4 Industry Chain Analysis
4.1 InsurTech (Insurance Technology) Industry Chain
4.2 InsurTech (Insurance Technology) Upstream Analysis
4.2.1 InsurTech (Insurance Technology) Core Raw Materials
4.2.2 Main Manufacturers of InsurTech (Insurance Technology) Core Raw Materials
4.3 Midstream Analysis
4.4 Downstream Analysis
4.5 InsurTech (Insurance Technology) Production Mode
4.6 InsurTech (Insurance Technology) Procurement Model
4.7 InsurTech (Insurance Technology) Industry Sales Model and Sales Channels
4.7.1 InsurTech (Insurance Technology) Sales Model
4.7.2 InsurTech (Insurance Technology) Typical Distributors
5 Sights by Type
5.1 InsurTech (Insurance Technology) Classification
5.1.1 Cloud Computing
5.1.2 IoT
5.1.3 AI
5.1.4 Others
5.2 By Type, Global InsurTech (Insurance Technology) Consumption Value & CAGR, 2018 VS 2022 VS 2029
5.3 By Type, Global InsurTech (Insurance Technology) Consumption Value, 2018-2029
6 Sights by Application
6.1 InsurTech (Insurance Technology) Segment by Application
6.1.1 Property and Casualty
6.1.2 Health
6.1.3 Life
6.2 By Application, Global InsurTech (Insurance Technology) Consumption Value & CAGR, 2018 VS 2022 VS 2029
6.3 By Application, Global InsurTech (Insurance Technology) Consumption Value, 2018-2029
7 Sales Sights by Region
7.1 By Region, Global InsurTech (Insurance Technology) Consumption Value, 2018 VS 2022 VS 2029
7.2 By Region, Global InsurTech (Insurance Technology) Consumption Value, 2018-2029
7.3 North America
7.3.1 North America InsurTech (Insurance Technology) & Forecasts, 2018-2029
7.3.2 By Country, North America InsurTech (Insurance Technology) Market Size Market Share
7.4 Europe
7.4.1 Europe InsurTech (Insurance Technology) Market Size & Forecasts, 2018-2029
7.4.2 By Country, Europe InsurTech (Insurance Technology) Market Size Market Share
7.5 Asia Pacific
7.5.1 Asia Pacific InsurTech (Insurance Technology) Market Size & Forecasts, 2018-2029
7.5.2 By Country/Region, Asia Pacific InsurTech (Insurance Technology) Market Size Market Share
7.6 South America
7.6.1 South America InsurTech (Insurance Technology) Market Size & Forecasts, 2018-2029
7.6.2 By Country, South America InsurTech (Insurance Technology) Market Size Market Share
7.7 Middle East & Africa
8 Sales Sights by Country Level
8.1 By Country, Global InsurTech (Insurance Technology) Market Size & CAGR, 2018 VS 2022 VS 2029
8.2 By Country, Global InsurTech (Insurance Technology) Consumption Value, 2018-2029
8.3 U.S.
8.3.1 U.S. InsurTech (Insurance Technology) Market Size, 2018-2029
8.3.2 By Type, U.S. InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
8.3.3 By Application, U.S. InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
8.4 Europe
8.4.1 Europe InsurTech (Insurance Technology) Market Size, 2018-2029
8.4.2 By Type, Europe InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
8.4.3 By Application, Europe InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
8.5 China
8.5.1 China InsurTech (Insurance Technology) Market Size, 2018-2029
8.5.2 By Type, China InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
8.5.3 By Application, China InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
8.6 Japan
8.6.1 Japan InsurTech (Insurance Technology) Market Size, 2018-2029
8.6.2 By Type, Japan InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
8.6.3 By Application, Japan InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
8.7 South Korea
8.7.1 South Korea InsurTech (Insurance Technology) Market Size, 2018-2029
8.7.2 By Type, South Korea InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
8.7.3 By Application, South Korea InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
8.8 Southeast Asia
8.8.1 Southeast Asia InsurTech (Insurance Technology) Market Size, 2018-2029
8.8.2 By Type, Southeast Asia InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
8.8.3 By Application, Southeast Asia InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
8.9 India
8.9.1 India InsurTech (Insurance Technology) Market Size, 2018-2029
8.9.2 By Type, India InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
8.9.3 By Application, India InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
8.10 Middle East & Africa
8.10.1 Middle East & Africa InsurTech (Insurance Technology) Market Size, 2018-2029
8.10.2 By Type, Middle East & Africa InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
8.10.3 By Application, Middle East & Africa InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
9 Company Profile
9.1 Zipari
9.1.1 Zipari Company Information, Head Office, Market Area and Industry Position
9.1.2 Zipari Company Profile and Main Business
9.1.3 Zipari InsurTech (Insurance Technology) Models, Specifications and Application
9.1.4 Zipari InsurTech (Insurance Technology) Revenue and Gross Margin, 2018-2023
9.1.5 Zipari Recent Developments
9.2 Corvus Insurance
9.2.1 Corvus Insurance Company Information, Head Office, Market Area and Industry Position
9.2.2 Corvus Insurance Company Profile and Main Business
9.2.3 Corvus Insurance InsurTech (Insurance Technology) Models, Specifications and Application
9.2.4 Corvus Insurance InsurTech (Insurance Technology) Revenue and Gross Margin, 2018-2023
9.2.5 Corvus Insurance Recent Developments
9.3 Wipro Limited
9.3.1 Wipro Limited Company Information, Head Office, Market Area and Industry Position
9.3.2 Wipro Limited Company Profile and Main Business
9.3.3 Wipro Limited InsurTech (Insurance Technology) Models, Specifications and Application
9.3.4 Wipro Limited InsurTech (Insurance Technology) Revenue and Gross Margin, 2018-2023
9.3.5 Wipro Limited Recent Developments
9.4 DXC Technology Company
9.4.1 DXC Technology Company Company Information, Head Office, Market Area and Industry Position
9.4.2 DXC Technology Company Company Profile and Main Business
9.4.3 DXC Technology Company InsurTech (Insurance Technology) Models, Specifications and Application
9.4.4 DXC Technology Company InsurTech (Insurance Technology) Revenue and Gross Margin, 2018-2023
9.4.5 DXC Technology Company Recent Developments
9.5 Majesco
9.5.1 Majesco Company Information, Head Office, Market Area and Industry Position
9.5.2 Majesco Company Profile and Main Business
9.5.3 Majesco InsurTech (Insurance Technology) Models, Specifications and Application
9.5.4 Majesco InsurTech (Insurance Technology) Revenue and Gross Margin, 2018-2023
9.5.5 Majesco Recent Developments
9.6 OutSystems
9.6.1 OutSystems Company Information, Head Office, Market Area and Industry Position
9.6.2 OutSystems Company Profile and Main Business
9.6.3 OutSystems InsurTech (Insurance Technology) Models, Specifications and Application
9.6.4 OutSystems InsurTech (Insurance Technology) Revenue and Gross Margin, 2018-2023
9.6.5 OutSystems Recent Developments
9.7 Damco Solutions
9.7.1 Damco Solutions Company Information, Head Office, Market Area and Industry Position
9.7.2 Damco Solutions Company Profile and Main Business
9.7.3 Damco Solutions InsurTech (Insurance Technology) Models, Specifications and Application
9.7.4 Damco Solutions InsurTech (Insurance Technology) Revenue and Gross Margin, 2018-2023
9.7.5 Damco Solutions Recent Developments
9.8 Octo
9.8.1 Octo Company Information, Head Office, Market Area and Industry Position
9.8.2 Octo Company Profile and Main Business
9.8.3 Octo InsurTech (Insurance Technology) Models, Specifications and Application
9.8.4 Octo InsurTech (Insurance Technology) Revenue and Gross Margin, 2018-2023
9.8.5 Octo Recent Developments
9.9 ControlExpert
9.9.1 ControlExpert Company Information, Head Office, Market Area and Industry Position
9.9.2 ControlExpert Company Profile and Main Business
9.9.3 ControlExpert InsurTech (Insurance Technology) Models, Specifications and Application
9.9.4 ControlExpert InsurTech (Insurance Technology) Revenue and Gross Margin, 2018-2023
9.9.5 ControlExpert Recent Developments
9.10 Sureify
9.10.1 Sureify Company Information, Head Office, Market Area and Industry Position
9.10.2 Sureify Company Profile and Main Business
9.10.3 Sureify InsurTech (Insurance Technology) Models, Specifications and Application
9.10.4 Sureify InsurTech (Insurance Technology) Revenue and Gross Margin, 2018-2023
9.10.5 Sureify Recent Developments
9.11 iSoftStone
9.11.1 iSoftStone Company Information, Head Office, Market Area and Industry Position
9.11.2 iSoftStone Company Profile and Main Business
9.11.3 iSoftStone InsurTech (Insurance Technology) Models, Specifications and Application
9.11.4 iSoftStone InsurTech (Insurance Technology) Revenue and Gross Margin, 2018-2023
9.11.5 iSoftStone Recent Developments
9.12 eBaoTech
9.12.1 eBaoTech Company Information, Head Office, Market Area and Industry Position
9.12.2 eBaoTech Company Profile and Main Business
9.12.3 eBaoTech InsurTech (Insurance Technology) Models, Specifications and Application
9.12.4 eBaoTech InsurTech (Insurance Technology) Revenue and Gross Margin, 2018-2023
9.12.5 eBaoTech Recent Developments
10 Conclusion
11 Appendix
11.1 Research Methodology
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Market Estimation Model
11.4 Disclaimer
Table 1. InsurTech (Insurance Technology) Consumption Value & CAGR: China VS Global, 2018-2029, US$ Million
Table 2. InsurTech (Insurance Technology) Market Restraints
Table 3. InsurTech (Insurance Technology) Market Trends
Table 4. InsurTech (Insurance Technology) Industry Policy
Table 5. Global InsurTech (Insurance Technology) Revenue by Company, 2018-2023, US$ million, Ranked Based on Revenue in 2022
Table 6. Global InsurTech (Insurance Technology) Revenue Share by Company, 2018-2023, Ranked by Data of 2022
Table 7. Global InsurTech (Insurance Technology) Manufacturers Market Concentration Ratio (CR3 and HHI)
Table 8. Global InsurTech (Insurance Technology) Mergers & Acquisitions, Expansion Plans
Table 9. Global InsurTech (Insurance Technology) Major Companies Product Type
Table 10. Head Office and Area Served of Key Players
Table 11. China InsurTech (Insurance Technology) Revenue by Company, 2018-2023, US$ million, Ranked Based on Revenue in 2022
Table 12. China InsurTech (Insurance Technology) Revenue Market Share by Company, 2018-2023
Table 13. Global Key Players of InsurTech (Insurance Technology) Upstream (Raw Materials)
Table 14. Global InsurTech (Insurance Technology) Typical Customers
Table 15. InsurTech (Insurance Technology) Typical Distributors
Table 16. By Type, Global InsurTech (Insurance Technology) Consumption Value & CAGR, 2018 VS 2022 VS 2029, US$ Million
Table 17. By Application, Global InsurTech (Insurance Technology) Consumption Value & CAGR, 2018 VS 2022 VS 2029, US$ Million
Table 18. By Region, Global InsurTech (Insurance Technology) Consumption Value, 2018 VS 2022 VS 2029, US$ Million
Table 19. By Region, Global InsurTech (Insurance Technology) Consumption Value, 2018-2029, US$ Million
Table 20. By Country, Global InsurTech (Insurance Technology) Consumption Value & CAGR, 2018 VS 2022 VS 2029, US$ Million
Table 21. By Country, Global InsurTech (Insurance Technology) Consumption Value, 2018-2029, US$ Million
Table 22. By Country, Global InsurTech (Insurance Technology) Consumption Value Market Share, 2018-2029
Table 23. Zipari Company Information, Head Office, Market Area and Industry Position
Table 24. Zipari Company Profile and Main Business
Table 25. Zipari InsurTech (Insurance Technology) Models, Specifications, and Application
Table 26. Zipari InsurTech (Insurance Technology) Revenue and Gross Margin, US$ Million, 2018-2023
Table 27. Zipari Recent Developments
Table 28. Corvus Insurance Company Information, Head Office, Market Area and Industry Position
Table 29. Corvus Insurance Company Profile and Main Business
Table 30. Corvus Insurance InsurTech (Insurance Technology) Models, Specifications, and Application
Table 31. Corvus Insurance InsurTech (Insurance Technology) Revenue and Gross Margin, US$ Million, 2018-2023
Table 32. Corvus Insurance Recent Developments
Table 33. Wipro Limited Company Information, Head Office, Market Area and Industry Position
Table 34. Wipro Limited Company Profile and Main Business
Table 35. Wipro Limited InsurTech (Insurance Technology) Models, Specifications, and Application
Table 36. Wipro Limited InsurTech (Insurance Technology) Revenue and Gross Margin, US$ Million, 2018-2023
Table 37. Wipro Limited Recent Developments
Table 38. DXC Technology Company Company Information, Head Office, Market Area and Industry Position
Table 39. DXC Technology Company Company Profile and Main Business
Table 40. DXC Technology Company InsurTech (Insurance Technology) Models, Specifications, and Application
Table 41. DXC Technology Company InsurTech (Insurance Technology) Revenue and Gross Margin, US$ Million, 2018-2023
Table 42. DXC Technology Company Recent Developments
Table 43. Majesco Company Information, Head Office, Market Area and Industry Position
Table 44. Majesco Company Profile and Main Business
Table 45. Majesco InsurTech (Insurance Technology) Models, Specifications, and Application
Table 46. Majesco InsurTech (Insurance Technology) Revenue and Gross Margin, US$ Million, 2018-2023
Table 47. Majesco Recent Developments
Table 48. OutSystems Company Information, Head Office, Market Area and Industry Position
Table 49. OutSystems Company Profile and Main Business
Table 50. OutSystems InsurTech (Insurance Technology) Models, Specifications, and Application
Table 51. OutSystems InsurTech (Insurance Technology) Revenue and Gross Margin, US$ Million, 2018-2023
Table 52. OutSystems Recent Developments
Table 53. Damco Solutions Company Information, Head Office, Market Area and Industry Position
Table 54. Damco Solutions Company Profile and Main Business
Table 55. Damco Solutions InsurTech (Insurance Technology) Models, Specifications, and Application
Table 56. Damco Solutions InsurTech (Insurance Technology) Revenue and Gross Margin, US$ Million, 2018-2023
Table 57. Damco Solutions Recent Developments
Table 58. Octo Company Information, Head Office, Market Area and Industry Position
Table 59. Octo Company Profile and Main Business
Table 60. Octo InsurTech (Insurance Technology) Models, Specifications, and Application
Table 61. Octo InsurTech (Insurance Technology) Revenue and Gross Margin, US$ Million, 2018-2023
Table 62. Octo Recent Developments
Table 63. ControlExpert Company Information, Head Office, Market Area and Industry Position
Table 64. ControlExpert Company Profile and Main Business
Table 65. ControlExpert InsurTech (Insurance Technology) Models, Specifications, and Application
Table 66. ControlExpert InsurTech (Insurance Technology) Revenue and Gross Margin, US$ Million, 2018-2023
Table 67. ControlExpert Recent Developments
Table 68. Sureify Company Information, Head Office, Market Area and Industry Position
Table 69. Sureify Company Profile and Main Business
Table 70. Sureify InsurTech (Insurance Technology) Models, Specifications, and Application
Table 71. Sureify InsurTech (Insurance Technology) Revenue and Gross Margin, US$ Million, 2018-2023
Table 72. Sureify Recent Developments
Table 73. iSoftStone Company Information, Head Office, Market Area and Industry Position
Table 74. iSoftStone Company Profile and Main Business
Table 75. iSoftStone InsurTech (Insurance Technology) Models, Specifications, and Application
Table 76. iSoftStone InsurTech (Insurance Technology) Revenue and Gross Margin, US$ Million, 2018-2023
Table 77. iSoftStone Recent Developments
Table 78. eBaoTech Company Information, Head Office, Market Area and Industry Position
Table 79. eBaoTech Company Profile and Main Business
Table 80. eBaoTech InsurTech (Insurance Technology) Models, Specifications, and Application
Table 81. eBaoTech InsurTech (Insurance Technology) Revenue and Gross Margin, US$ Million, 2018-2023
Table 82. eBaoTech Recent Developments
List of Figures
Figure 1. InsurTech (Insurance Technology) Picture
Figure 2. Global InsurTech (Insurance Technology) Consumption Value, (US$ million) & (2018-2029)
Figure 3. China InsurTech (Insurance Technology) Consumption Value, (US$ million) & (2018-2029)
Figure 4. By Consumption Value, China InsurTech (Insurance Technology) Market Share of Global, 2018-2029
Figure 5. Global InsurTech (Insurance Technology) Market Share by Company, (Tier 1, Tier 2, and Tier 3), 2022
Figure 6. China InsurTech (Insurance Technology) Key Participants, Market Share, 2022
Figure 7. InsurTech (Insurance Technology) Industry Chain
Figure 8. InsurTech (Insurance Technology) Procurement Model
Figure 9. InsurTech (Insurance Technology) Sales Model
Figure 10. InsurTech (Insurance Technology) Sales Channels, Direct Sales, and Distribution
Figure 11. Cloud Computing
Figure 12. IoT
Figure 13. AI
Figure 14. Others
Figure 15. By Type, Global InsurTech (Insurance Technology) Consumption Value, 2018-2029, US$ Million
Figure 16. By Type, Global InsurTech (Insurance Technology) Consumption Value Market Share, 2018-2029
Figure 17. Property and Casualty
Figure 18. Health
Figure 19. Life
Figure 20. By Application, Global InsurTech (Insurance Technology) Consumption Value, 2018-2029, US$ Million
Figure 21. By Application, Global InsurTech (Insurance Technology) Consumption Value Market Share, 2018-2029
Figure 22. By Region, Global InsurTech (Insurance Technology) Consumption Value Market Share, 2018-2029
Figure 23. North America InsurTech (Insurance Technology) Consumption Value & Forecasts, 2018-2029, US$ Million
Figure 24. By Country, North America InsurTech (Insurance Technology) Consumption Value Market Share, 2022
Figure 25. Europe InsurTech (Insurance Technology) Consumption Value & Forecasts, 2018-2029, US$ Million
Figure 26. By Country, Europe InsurTech (Insurance Technology) Consumption Value Market Share, 2022
Figure 27. Asia Pacific InsurTech (Insurance Technology) Consumption Value & Forecasts, 2018-2029, US$ Million
Figure 28. By Country/Region, Asia Pacific InsurTech (Insurance Technology) Consumption Value Market Share, 2022
Figure 29. South America InsurTech (Insurance Technology) Consumption Value & Forecasts, 2018-2029, US$ Million
Figure 30. By Country, South America InsurTech (Insurance Technology) Consumption Value Market Share, 2022
Figure 31. Middle East & Africa InsurTech (Insurance Technology) Consumption Value & Forecasts, 2018-2029, US$ Million
Figure 32. U.S. InsurTech (Insurance Technology) Consumption Value, 2018-2029, US$ Million
Figure 33. By Type, U.S. InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
Figure 34. By Application, U.S. InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
Figure 35. Europe InsurTech (Insurance Technology) Consumption Value, 2018-2029, US$ Million
Figure 36. By Type, Europe InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
Figure 37. By Application, Europe InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
Figure 38. China InsurTech (Insurance Technology) Consumption Value, 2018-2029, US$ Million
Figure 39. By Type, China InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
Figure 40. By Application, China InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
Figure 41. Japan InsurTech (Insurance Technology) Consumption Value, 2018-2029, US$ Million
Figure 42. By Type, Japan InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
Figure 43. By Application, Japan InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
Figure 44. South Korea InsurTech (Insurance Technology) Consumption Value, 2018-2029, US$ Million
Figure 45. By Type, South Korea InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
Figure 46. By Application, South Korea InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
Figure 47. Southeast Asia InsurTech (Insurance Technology) Consumption Value, 2018-2029, US$ Million
Figure 48. By Type, Southeast Asia InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
Figure 49. By Application, Southeast Asia InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
Figure 50. India InsurTech (Insurance Technology) Consumption Value, 2018-2029, US$ Million
Figure 51. By Type, India InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
Figure 52. By Application, India InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
Figure 53. Middle East & Africa InsurTech (Insurance Technology) Consumption Value, 2018-2029, US$ Million
Figure 54. By Type, Middle East & Africa InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
Figure 55. By Application, Middle East & Africa InsurTech (Insurance Technology) Consumption Value Market Share, 2022 VS 2029
Figure 56. Research Methodology
Figure 57. Breakdown of Primary Interviews
Figure 58. Bottom-up and Top-down Approaches
Figure 59. Top-down Approaches
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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