Global Embedded Insurance Market Research Report 2024
The global Embedded Insurance market was valued at $ 78,693.58 million premiums in 2023 and is anticipated to reach $ 175,216.42 million by 2030, witnessing a CAGR of 11.63% during the forecast period 2024-2030.
North American market for Embedded Insurance is estimated to increase from $16,710.35 million in 2023 to reach $35,190.87 million by 2030, at a CAGR of 11.02 % during the forecast period of 2024 through 2030.
Asia-Pacific market for Embedded Insurance is estimated to increase from $ 30,344.52 million in 2023 to reach $ 67,650.44 million by 2030, at a CAGR of 11.45% during the forecast period of 2024 through 2030.
The global market for Embedded Insurance in Travel and Hospitality is estimated to increase from $18,806.57 million in 2023 to $37,052.72 million by 2030, at a CAGR of 9.67 % during the forecast period of 2024 through 2030.
The major global companies of Embedded Insurance include Travelers Insurance, Cover Genius, Metromile, Qover, Hokodo Services, ELEMENT Insurance, Bsurance, Simplesurance, and Kasko, etc. In 2023, the world's top three vendors accounted for approximately 34.32 % of the premium.
This report aims to provide a comprehensive presentation of the global market for Embedded Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Embedded Insurance.
The Embedded Insurance market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Embedded Insurance market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Embedded Insurance companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Travelers Insurance
Cover Genius
Metromile
Qover
Hokodo Services
ELEMENT Insurance
Bsurance
Simplesurance
Kasko
Wrisk Transfer
Extracover
Penni.io
Segment by Type
Life Insurance
Non-Life Insurance
Segment by Application
Travel and Hospitality
Automotive
Consumer Products
Real Estate
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
Europe
Germany
France
U.K.
Italy
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
GCC Countries
South Africa
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Embedded Insurance company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.