The Global InsurTech market revenue is valued at $532.7 million in 2018 and is expected to reach $1 Abby Dahlkemper USWNT Jersey ,119.8 million by 2023, growing at a CAGR of 16.0% during the forecast period 2018鈥?023.
The insurance sector is all set to adopt new technologies and attract new customers along with retaining the clients delighting with services. It is of utmost importance to embrace digital technologies for insurers and enhance their presence in the marketplace to gain market share with increased customer base and custom offerings.
Major Market Players
Friendsurance Oscar ZhongAn Allay Analyze Re GetInsured Bayzat Bought By Many Claim Di CommonEasy.
The banks and financial institutions are witnessing transformation with the emergence of FinTech vendors, thereby disrupting the traditional model of operations and processes. Insurers face stiff competition, and the insurance market is considered mature in most of the countries. The digital and analytical tools have opened new revenue model and value chain through digital brokers.
The FinTech industry Whitney Engen USA Jersey , over the last couple of years, has realized the need and opportunity of InsurTech software. The InsurTech vendors offer software that simplifies the decision-making process for the customers, and the analytics software helps insurers to understand the current need and demand in the market.
Major Regions
North America Europe Asia Pacific Middle East Africa Latin America
Total Views: 37Word Count: 206See All articles From Author Concrete Mixing Plant Market Analysis & Forecast Report 2025
by Vanshika · March 9, 2020
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Rexcon Vince Hagan Cemco Ammann Group CON-E-CO ChangLi Machinery Stephens Manufacturing Macons ELKON BMH Systems MEKA Wacker Neuson Haomei Steelfields Limited ERIE Strayer Company
Global Concrete Mixing Plant Market: Product Segment Analysis
By design: Mobile Concrete Mixing Plants By output: <30 cubic meters per hour By principle: Dry-batch plants
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Large or Medium Scale Building Works Road and Bridge Works Precast Concrete Unite Plants Other Applications
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USA Europe Japan China India South East Asia
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