Global B2B2C Insurance Market Growth (Status and Outlook) 2024-2030
According to our LPI (LP Information) latest study, the global B2B2C Insurance market size was valued at US$ million in 2023. With growing demand in downstream market, the B2B2C Insurance is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period.
The research report highlights the growth potential of the global B2B2C Insurance market. B2B2C Insurance are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of B2B2C Insurance. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the B2B2C Insurance market.
B2B2C Insurance refers the sale of life and non-life insurance products via non-insurance intermediaries as opposed to traditional insurance intermediaries (such as agents, Independent Financial Advisers (IFAs), and brokers), and also the direct sale of insurance products to customers (B2C).
According to International Telecommunication Union (ITU), the global Internet users (online population) were more than 5 billion. And the number of online shoppers was also increasing. In 2022, the global e-commerce market penetration rate increased to 19.7%, and the e-commerce market reached $5.5 trillion. At the same time, the Asian e-commerce market ranked at the top of the revenue ranking, which has reached $1.8 trillion. According to the National Bureau of Statistics, China was the largest online retail market in 2022, with online retail sales of 13.79 trillion yuan and a year-on-year increase of 4%. Among them, the online retail sales of physical goods were 11.96 trillion yuan, with a year-on-year increase of 6.2%, which accounted for 27.2% of the total retail sales of consumer goods.
Key Features:
The report on B2B2C Insurance market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the B2B2C Insurance market. It may include historical data, market segmentation by Type (e.g., On-line, Off-line), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the B2B2C Insurance market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the B2B2C Insurance market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the B2B2C Insurance industry. This include advancements in B2B2C Insurance technology, B2B2C Insurance new entrants, B2B2C Insurance new investment, and other innovations that are shaping the future of B2B2C Insurance.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the B2B2C Insurance market. It includes factors influencing customer ' purchasing decisions, preferences for B2B2C Insurance product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the B2B2C Insurance market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting B2B2C Insurance market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the B2B2C Insurance market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the B2B2C Insurance industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the B2B2C Insurance market.
Market Segmentation:
B2B2C Insurance market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
On-line
Off-line
Segmentation by application
Banks and Financial Institutions
Automotive
Retailers
Health Care
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AXA
Zurich Insurance Group
China Life Insurance
Berkshire Hathaway
Prudential
UnitedHealth Group
Munich Re Group
Assicurazioni Generali S.p.A.
Japan Post Holding
Allianz
Please note: The report will take approximately 2 business days to prepare and deliver.