Internet of Things Insurance Market by Type (Agricultural Insurance, Health Insurance, Life Insurance), End User (Agriculture, Automotive & Transport, Consumer Electronics) - Global Forecast 2024-2030

Internet of Things Insurance Market by Type (Agricultural Insurance, Health Insurance, Life Insurance), End User (Agriculture, Automotive & Transport, Consumer Electronics) - Global Forecast 2024-2030


The Internet of Things Insurance Market size was estimated at USD 49.02 billion in 2023 and expected to reach USD 58.58 billion in 2024, at a CAGR 20.09% to reach USD 176.70 billion by 2030.

Global Internet of Things Insurance Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Internet of Things Insurance Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Internet of Things Insurance Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Internet of Things Insurance Market, highlighting leading vendors and their innovative profiles. These include Accenture PLC, Aeris Group, Allerin Pvt. Ltd, Allianz SE, Amazon Web Services Inc., AXA SA, Berkshire Hathaway Inc., Capgemini SE, Cisco Systems, Inc., Cognizant Technology Solutions Corporation, Concirrus Ltd., Embroker Insurance Services LLC, ForMotiv LLC, Google LLC, Hewlett Packard Enterprise Development LP, Intel Corporation, International Business Machines Corporation,, LexisNexis by RELX corporation, Microsoft Corporation, PTC Inc., SAP SE, Sas Institute Inc., Synechron Inc., Telit Communications PLC, Verisk Analytics Inc., Wipro Corporation, and Zurich Insurance Group Ltd..

Market Segmentation & Coverage

This research report categorizes the Internet of Things Insurance Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
Agricultural Insurance

Health Insurance

Life Insurance

Property and Causality Insurance

End User
Agriculture

Automotive & Transport

Consumer Electronics

Healthcare

Home & Commercial Buildings

Travel

Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam

Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers 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 of the Internet of Things Insurance Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Internet of Things Insurance Market?
3. What are the technology trends and regulatory frameworks in the Internet of Things Insurance Market?
4. What is the market share of the leading vendors in the Internet of Things Insurance Market?
5. Which modes and strategic moves are suitable for entering the Internet of Things 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. Internet of Things Insurance Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing adoption of advancing technologies in the insurance sector
5.1.1.2. Adoption of smart payment solutions and surge in the number of connected devices worldwide
5.1.1.3. Need for advanced analytics tools to process vast amounts of collected data
5.1.2. Restraints
5.1.2.1. Lack of skilled professionals and high implementation costs associated with IoT infrastructure
5.1.3. Opportunities
5.1.3.1. Rising investment from the insurance companies in IoT technology
5.1.3.2. Development of innovative insurance products focusing on cyber risk coverage
5.1.4. Challenges
5.1.4.1. Concern regarding the data and security of customers
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Internet of Things Insurance Market, by Type
6.1. Introduction
6.2. Agricultural Insurance
6.3. Health Insurance
6.4. Life Insurance
6.5. Property and Causality Insurance
7. Internet of Things Insurance Market, by End User
7.1. Introduction
7.2. Agriculture
7.3. Automotive & Transport
7.4. Consumer Electronics
7.5. Healthcare
7.6. Home & Commercial Buildings
7.7. Travel
8. Americas Internet of Things Insurance Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Internet of Things Insurance Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.
10. South Korea
9.
11. Taiwan
9.
12. Thailand
9.
13. Vietnam
10. Europe, Middle East & Africa Internet of Things Insurance Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.
10. Nigeria
10.
11. Norway
10.
12. Poland
10.
13. Qatar
10.
14. Russia
10.
15. Saudi Arabia
10.
16. South Africa
10.
17. Spain
10.
18. Sweden
10.
19. Switzerland
10.
20. Turkey
10.
21. United Arab Emirates
10.
22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. Accenture PLC
12.1.2. Aeris Group
12.1.3. Allerin Pvt. Ltd
12.1.4. Allianz SE
12.1.5. Amazon Web Services Inc.
12.1.6. AXA SA
12.1.7. Berkshire Hathaway Inc.
12.1.8. Capgemini SE
12.1.9. Cisco Systems, Inc.
12.1.
10. Cognizant Technology Solutions Corporation
12.1.
11. Concirrus Ltd.
12.1.
12. Embroker Insurance Services LLC
12.1.
13. ForMotiv LLC
12.1.
14. Google LLC
12.1.
15. Hewlett Packard Enterprise Development LP
12.1.
16. Intel Corporation
12.1.
17. International Business Machines Corporation,
12.1.
18. LexisNexis by RELX corporation
12.1.
19. Microsoft Corporation
12.1.
20. PTC Inc.
12.1.
21. SAP SE
12.1.
22. Sas Institute Inc.
12.1.
23. Synechron Inc.
12.1.
24. Telit Communications PLC
12.1.
25. Verisk Analytics Inc.
12.1.
26. Wipro Corporation
12.1.
27. Zurich Insurance Group Ltd.
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
FIGURE 1. INTERNET OF THINGS INSURANCE MARKET RESEARCH PROCESS
FIGURE 2. INTERNET OF THINGS INSURANCE MARKET SIZE, 2023 VS 2030
FIGURE 3. INTERNET OF THINGS INSURANCE MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. INTERNET OF THINGS INSURANCE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. INTERNET OF THINGS INSURANCE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. INTERNET OF THINGS INSURANCE MARKET DYNAMICS
FIGURE 7. INTERNET OF THINGS INSURANCE MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. INTERNET OF THINGS INSURANCE MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. INTERNET OF THINGS INSURANCE MARKET SIZE, BY END USER, 2023 VS 2030 (%)
FIGURE 10. INTERNET OF THINGS INSURANCE MARKET SIZE, BY END USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS INTERNET OF THINGS INSURANCE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS INTERNET OF THINGS INSURANCE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES INTERNET OF THINGS INSURANCE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES INTERNET OF THINGS INSURANCE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC INTERNET OF THINGS INSURANCE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC INTERNET OF THINGS INSURANCE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA INTERNET OF THINGS INSURANCE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA INTERNET OF THINGS INSURANCE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. INTERNET OF THINGS INSURANCE MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. INTERNET OF THINGS INSURANCE MARKET SHARE, BY KEY PLAYER, 2023

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