Blockchain In Insurance Market by Type (Application & Solution, Infrastructure & Protocols, Middleware), Application (Death & Claims Management, GRC Management, Identity Management & Fraud Detection), Organization Size - Global Forecast 2023-2030

Blockchain In Insurance Market by Type (Application & Solution, Infrastructure & Protocols, Middleware), Application (Death & Claims Management, GRC Management, Identity Management & Fraud Detection), Organization Size - Global Forecast 2023-2030


The Blockchain In Insurance Market is projected to reach USD 13.82 billion by 2030 from USD 1.06 billion in 2022, at a CAGR of 37.75% during the forecast period.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Blockchain In Insurance Market.
  • Based on Type, market is studied across Application & Solution, Infrastructure & Protocols, and Middleware. The Infrastructure & Protocols is projected to witness significant market share during forecast period.
  • Based on Application, market is studied across Death & Claims Management, GRC Management, Identity Management & Fraud Detection, Payments, and Smart Contracts. The GRC Management is projected to witness significant market share during forecast period.
  • Based on Organization Size, market is studied across Large enterprises and Small & Medium-sized Enterprises (SMEs). The Large enterprises is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas is projected to witness significant market share during forecast period.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Blockchain In Insurance Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Blockchain In Insurance Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Blockchain In Insurance Market, highlighting leading vendors and their innovative profiles. These include Accenture PLC, Allianz SE, Amazon Web Services, Inc., Auxesis Services & Technologies (P) Ltd., AXA Group, Capgemini Services SAS, ChainThat Limited, Cognizant Technology Solutions Corp., Consensys Software Inc., Cornerstone Insurance Brokers Limited, Gemini Trust Company, LLC., Genpact, Guardtime, International Business Machines Corporation, Lemonade Insurance Agency, LLC, Marsh LLC, Microsoft Corporation, Oracle Corporation, Swiss Re Group, Wipro Limited, and Zurich Insurance Group.

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Blockchain In Insurance Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Blockchain In Insurance Market?
  3. What is the competitive strategic window for identifying opportunities in the Blockchain In Insurance Market?
  4. What are the latest technology trends and regulatory frameworks in the Blockchain In Insurance Market?
  5. What is the market share of the leading vendors in the Blockchain In Insurance Market?
  6. Which modes and strategic moves are suitable for entering the Blockchain In Insurance Market?


Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Blockchain In Insurance Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising adoption of data-driven decision-making technologies across insurance companies
5.1.1.2. Expanding digital infrastructure and increasing fraudulent activities in insurance companies
5.1.1.3. Growing demand for IoT insurance worldwide
5.1.2. Restraints
5.1.2.1. Difficulty in integrating insurance platforms with legacy systems
5.1.3. Opportunities
5.1.3.1. Emerging of cloud-based digital insurance solutions
5.1.3.2. Innovative data-driven tech transforming blockchain insurance
5.1.4. Challenges
5.1.4.1. Data security and privacy issues with blockchain insurance
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Blockchain In Insurance Market, by Type
6.1. Introduction
6.2. Application & Solution
6.3. Infrastructure & Protocols
6.4. Middleware
7. Blockchain In Insurance Market, by Application
7.1. Introduction
7.2. Death & Claims Management
7.3. GRC Management
7.4. Identity Management & Fraud Detection
7.5. Payments
7.6. Smart Contracts
8. Blockchain In Insurance Market, by Organization Size
8.1. Introduction
8.2. Large enterprises
8.3. Small & Medium-sized Enterprises (SMEs)
9. Americas Blockchain In Insurance Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Blockchain In Insurance Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Blockchain In Insurance Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Accenture PLC
13.1.2. Allianz SE
13.1.3. Amazon Web Services, Inc.
13.1.4. Auxesis Services & Technologies (P) Ltd.
13.1.5. AXA Group
13.1.6. Capgemini Services SAS
13.1.7. ChainThat Limited
13.1.8. Cognizant Technology Solutions Corp.
13.1.9. Consensys Software Inc.
13.1.10. Cornerstone Insurance Brokers Limited
13.1.11. Gemini Trust Company, LLC.
13.1.12. Genpact
13.1.13. Guardtime
13.1.14. International Business Machines Corporation
13.1.15. Lemonade Insurance Agency, LLC
13.1.16. Marsh LLC
13.1.17. Microsoft Corporation
13.1.18. Oracle Corporation
13.1.19. Swiss Re Group
13.1.20. Wipro Limited
13.1.21. Zurich Insurance Group
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing

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