Global AI in Insurance Service Supply, Demand and Key Producers, 2023-2029
The global AI in Insurance Service market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).
Artificial intelligence (AI) is playing an increasingly important role in the insurtech industry. Insurtech refers to the use of technology to improve and streamline the insurance industry, and AI is a key component of this effort. AI algorithms can analyze large amounts of data to quickly and accurately assess risk and determine appropriate premiums. This can help insurers to make more informed decisions and reduce the time and resources required for underwriting.
This report studies the global AI in Insurance Service demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for AI in Insurance Service, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of AI in Insurance Service that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global AI in Insurance Service total market, 2018-2029, (USD Million)
Global AI in Insurance Service total market by region & country, CAGR, 2018-2029, (USD Million)
U.S. VS China: AI in Insurance Service total market, key domestic companies and share, (USD Million)
Global AI in Insurance Service revenue by player and market share 2018-2023, (USD Million)
Global AI in Insurance Service total market by Type, CAGR, 2018-2029, (USD Million)
Global AI in Insurance Service total market by Application, CAGR, 2018-2029, (USD Million).
This reports profiles major players in the global AI in Insurance Service market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Cognizant, Next IT Corp, Kasisto, Cape Analytics Inc., Microsoft, Google, Salesforce, Amazon Web Services and Lemonade, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World AI in Insurance Service market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global AI in Insurance Service Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global AI in Insurance Service Market, Segmentation by Type
Cloud-based
On-Premise
Global AI in Insurance Service Market, Segmentation by Application
Automotive
Healthcare
Information Technology
Others
Companies Profiled:
Cognizant
Next IT Corp
Kasisto
Cape Analytics Inc.
Microsoft
Google
Salesforce
Amazon Web Services
Lemonade
Lexalytics
H2O Driverless AI
Key Questions Answered
1. How big is the global AI in Insurance Service market?
2. What is the demand of the global AI in Insurance Service market?
3. What is the year over year growth of the global AI in Insurance Service market?
4. What is the total value of the global AI in Insurance Service market?
5. Who are the major players in the global AI in Insurance Service market?