Insurtech Market To Reach $158.99 Billion, By 2030, Growing At 32.7% Cagr: Says Allied Market Research

The global Insurtech market is projected to garner $158.99 billion by 2030, according to a report by Allied Market Research. The market garnered $9.41 billion in 2020 and is predicted to rise at a CAGR of 32.7% from 2021 to 2030, driven by the rapid growth and integration of internet technologies, the saturation of the insurance industry, and the increase in the digitalization of business models.