Insurtech Global Market Report 2024

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Insurtech Global Market Report 2024
Global Forecast 2024 2033 Market Size, Drivers,
And Trends
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Insurtech Market Segments
The Business Research Company segments the
insurtech market report as
Health Insurance, Life Insurance, Travel
Insurance, Car Insurance, Business Insurance,
Home Insurance, Other Products
By Product
Blockchain, Cloud Computing, IoT (Internet of
Things), Artificial Intelligence, Big Data and
Business Analytics, Other Technologies
By Technology
Solutions, Services
By Offering
By Deployment
On-Premises, Cloud
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Market Statistics
The global Insurtech market size grew from 13.2
billion in 2023 to 17.09 billion in 2024 at a
compound annual growth rate (CAGR) of 29.5. The
Insurtech market size is expected to grow
to 53.35 billion in 2028 at a compound annual
growth rate (CAGR) of 32.9
53.35 B
17.09 B
13.2 B
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Key Market Drivers And Trends
Drivers
The increase in insurance claims is expected to
drive the growth of the insurtech market going
forward.
Trends
Companies in the insurtech market are focused on
product innovations and developing new product
solutions
Region
North America was the largest region in the
Insurtech market in 2023. The regions covered in
the Insurtech market analysis report are
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East and
Africa.
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Top Eleven Players In The Market

• Major players in the market are
• DXC Technology
• Damco Group
• Majesco
• Shift Technology
• Earnix
• Simplesurance

• Outsystems
• Cytora Ltd.
• Planck Resolution Ltd
• Bdeo
• Oscar Insurance

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6. Competitor Benchmarking Compare performance
   against key competitors.
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