Blockchain in Insurance Market Size 2021

Blockchain in Insurance Market Size is expected to grow at a CAGR of 65.9% over the forecast years (2019 – 2027), as Insurance Behemoths and InsurTech Companies are Venturing to Leverage Blockchain Technology to Prevent Insurance Fraud, Says Absolute Markets Insights.

Global Blockchain in Insurance Market Size is a comprehensive study of the global market and has been recently added by Absolute Markets Insights to its extensive database. Augmented demand for the global market has been increased in the last few years. This informative research report has been scrutinized by using primary and secondary research. The Global Blockchain in Insurance Market Size is a valuable source of reliable data including data of the current market.
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Major Key Players:

Key players operating in the Blockchain in Insurance Market Size are Amazon Web Services, Inc., AUXESIS GROUP, Bitfury Group Limited, Boston Consulting Group, BTL Group Ltd, ChainThat, Circle Internet Financial Limited, CONSENSUS SYSTEMS (Consensys), Deloitte Touche Tohmatsu Limited, Digital Asset Holdings, LLC, Everledger Ltd, Etherparty Inc, Factom, Guardtime, IBM Corporation, iXLedger, KPMG International Cooperative, Microsoft, Oracle, SafeShare, Symbiont.io and Willis Towers Watson amongst others.

Key findings of the report:

Industry-wide collaborations on blockchain are formulating to make insurance use cases a reality. Insurtech startups are developing solutions for insurance companies that reduce fraudulent activities with improved traceability and accountability. For instance, Everledger Ltd is a London-based blockchain solutions provider that offers an immutable ledger for the diamond insurance sector.

The key questions answered in the report:

  1. What will be the market size and growth rate in the forecast year?
  2. What are the key factors driving the Global Blockchain in Insurance Market Size?
  3. What are the risks and challenges in front of the market?
  4. Who are the key vendors in the Global Blockchain in Insurance Market Size?
  5. What are the trending factors influencing the market shares?
  6. What are the key outcomes of Porter’s five forces model?
  7. Which are the global opportunities for expanding the Global Blockchain in Insurance Market Size?

Market Segmentation

By Offerings 

Solutions

Applications and Platforms

Middleware

Infrastructure and Protocols

Services

Professional

Managed

Blockchain in Insurance Market Size By Application 

Identity Management and Fraud Detection

Claims Management

Distribution and Payment Models

Others (GRC Management etc.)

By Organization Size 

Large Enterprises

Small and Medium-Sized Enterprises

By Insurance Type

Life Insurance

Health Insurance

Property and Casualty Insurance

Reinsurance

Others (Travel Insurance, Vehicle Insurance etc.)

Blockchain in Insurance Market Size By Geography

North America

U.S.

Canada

Mexico

Rest of North America

Europe

France

The UK

Spain

Germany

Italy

Nordic

Denmark

 Finland

 Iceland

Norway

Sweden

Rest of Nordic

The Benelux Union

Belgium

the Netherlands

Luxemburg

Rest of Europe

Asia Pacific

China

Japan

India

Australia

New Zealand

Southeast Asia

Rest of Asia Pacific

Middle East and Africa

GCC Countries

Southern Africa

Rest of Middle East and Africa

Latin America

Brazil

Argentina

Rest of Latin America

.…

Contact us:

Shreyas Tanna

Phone: +91-740-024-2424

Absolute Markets Insights

Email: sales@absolutemarketsinsights.com