The Global Insurtech Market report provides a comprehensive analysis of the product and service industry, examining both historical patterns and future prospects from 2023 to 2031. The research study has placed significant emphasis on conducting a supply-demand analysis, a critical parameter in the industry. In 2021, the global Insurtech market was valued at USD 5.4 billion and is expected to reach USD 11.4 billion by 2030, with an anticipated growth rate of 11.9% during the forecast period, from 2022 to 2030. Key drivers contributing to the market’s growth include rapid digitization and the increasing adoption of advanced technologies, such as machine learning, the Internet of Things (IoT), cloud computing, etc. Major market players featured in this report include Zhongan Insurance, Damco Group, Wipro Limited, DXC Technology Company, Trov Insurance Solutions, LLC, Majesco, Shift Technology, Oscar Insurance, Quantemplate, OutSystems, Clover Health Insurance, Moonshot-Internet, Acko General Insurance Limited, ThingCo, Tractable, Halos, Sorcero, Sureify Insurance, etc.
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