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Global insurtech market size, trends and forecast 2019 to 2023

With the InsurTech market valued at $532.7 million in 2018, it is expected to grow at a CAGR of 16.0% to reach $1,119.8 million by 2023. The reports analyze the worldu2019s main regions such as North America, Europe, Asia Pacific, Middle East Africa, and Latin America.<br><br><br><br><br>

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Global insurtech market size, trends and forecast 2019 to 2023

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  1. Aarkstore Market Research

  2. InsurTech Market Forecast Upto 2023

  3. Summary • The Global InsurTech market revenue is valued at $532.7 million in 2018 and is expected to reach $1,119.8 million by 2023, growing at a CAGR of 16.0% during the forecast period 2018–2023. • The insurance sector is all set to adopt new technologies and attract new customers along with retaining the clients delighting with services

  4. The FinTech industry, over the last couple of years, has realized the need and opportunity of InsurTech software. The InsurTech vendors offer software that simplifies the decision-making process for the customers, and the analytics software helps insurers to understand the current need and demand in the market. • The banks and financial institutions are witnessing transformation with the emergence of FinTech vendors, thereby disrupting the traditional model of operations and processes. Insurers face stiff competition, and the insurance market is considered mature in most of the countries. The digital and analytical tools have opened new revenue model and value chain through digital brokers.

  5. Major Players • Friendsurance • Oscar • ZhongAn • Allay • Analyze Re • GetInsured • Bayzat • Bought By Many • Claim Di • CommonEasy

  6. Major Regions • North America • Europe • Asia Pacific • Middle East Africa • Latin America

  7. RELATED REPORTS • (Insurance Technology) InsurTech Market Forecast upto 2023

  8. About Us Aarkstore forms global market research reports from various industry verticals serving businesses worldwide. As market research report resellers, we partner with already established publishers for syndicated data and customized reports. Consequently, market research data by us is up-to-date and reliable for Industry analysis and future market forecasts.

  9. Contact Us AarkstoreEnterprisePhone:+91 7710006788Email:contact@aarkstore.com

  10. Thank You ! For More Details Please visit:https://www.aarkstore.com/software/990210/insurance-technology-insurtech-market-forecast +91 9987295242|contact@aarkstore.com

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