Global Insurance Market In Japan 2024-2028
The insurance market in japan is forecasted to grow by USD 26 bn during 2023-2028, accelerating at a CAGR of 1.74% during the forecast period. The report on the insurance market in japan provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing geriatric population in japan, fear of natural disasters, and high focus of short-term insurance.
Technavio's insurance market in japan is segmented as below:
By Type
By Channel
- Sales personnel
- Insurance agencies
By Geography
This study identifies the integration of it and analytic solutions as one of the prime reasons driving the insurance market in japan growth during the next few years. Also, use of digital platforms to purchase insurance and increasing demand for automotive insurance will lead to sizable demand in the market.
The report on the insurance market in japan covers the following areas:
- Insurance market in japan sizing
- Insurance market in japan forecast
- Insurance market in japan industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading insurance market in japan vendors that include AFLAC Inc., Allianz SE, Asahi Mutual Life Insurance Co., Dai ichi Life Holdings Inc., JAPAN POST INSURANCE Co., Ltd., Lifenet Insurance Co. Ltd., Manulife Financial Corp., Medicare Life Insurance Co., Ltd., Meiji Yasuda Life Insurance Co., Metlife Inc., MS and AD Insurance Group Holdings Inc., Nippon Life Insurance Co., Orix Corp., Pruco Life Insurance Company, Rakuten Group Inc., SBI Insurance Group Co., Ltd., Sompo Holdings Inc., Sony Financial Group Inc., Tokio Marine Holdings Inc., and Zurich Insurance Co. Ltd.. Also, the insurance market in japan analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.