The Rise of InsurTech: Market Trends (2022-2029)


Digital Insurance Platform Market size is expected to reach nearly US $ 241.25 Bn by 2029 with the CAGR of 13.7% during the forecast period.

Digital Insurance Platform Market Report Overview

A new report published by Global Market Intelligence firm, Maximize Market Research, indicates that the Digital Insurance Platform Market is expected to grow significantly in the coming years. The report identifies the key drivers of growth, as well as the major restraints and challenges that the market is facing. It also provides insights into the potential opportunities that exist in the market.

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Digital Insurance Platform Market Report Scope

The report provides current Digital Insurance Platform market trends and regional insights, including demand, supply, and sales, as well as recent changes in the market. It focuses on the key drivers and restraints for key players, as well as the current competitive landscape. The report also provides the latest data on market statistics, future developments, size, and emerging trends, which can help you identify the products and end users that are driving revenue growth and profitability. It also includes company profiles, product specifications, production capacity/sales, revenue, price, gross margin, and sales by product.

Digital Insurance Platform Market Regional Analysis

The Digital Insurance Platform market report provides a comprehensive overview of the market, including its geographic condition, market size and share, business network structure, opportunities, and news updates.

Digital Insurance Platform Market Segmentation

In terms of application areas, the automobile and transportation sector has been a significant market for digital insurance systems. Along with implementing novel channels of insurance distribution, technologies like artificial intelligence and telematics have assisted insurance businesses in streamlining corporate operations. Customers can quickly find an appropriate coverage by searching anywhere online for quotes, comparing insurance policies, and using the digital insurance platform. Another significant element driving the growth of the digital insurance platform in the automobile and transportation application space is the increase in accidents.

The tools and services components of the digital insurance platform are further broken down into managed services and professional services, which include consulting, implementation, and support & maintenance.

North America is anticipated to hold one of the greatest market shares in terms of region and led the market for digital insurance platforms from 2021 to 2029. The market for digital insurance platforms has been bolstered by the development of technology as well as an increase in customer-centric insurance operations.

Digital Insurance Platform Market Size and Forecast, by Component (2022-2029)
1. Tools
2. Services
Digital Insurance Platform Market Size and Forecast, by Deployment Type (2022-2029)
1. Cloud
2. On-premises
Digital Insurance Platform Market Size and Forecast, by Application (2022-2029)
3. Automotive and Transportation
3. Healthcare & Life science
3. Construction
4. Consumer Electronics
5. Enterprise
6. Industrial Machines
7. Others
Digital Insurance Platform Market Size and Forecast, by Organization Size (2022-2029)
1. Large Enterprise
2. SMEs
Digital Insurance Platform Market Size and Forecast, by Region (2022-2029)
1. North America
2. Europe
3. Asia Pacific
4. Middle East and Africa
5. South America

For any Queries Linked with the Report, Ask an Analyst 

Digital Insurance Platform Market Key Players

• Accenture
• DXC Technology
• Mindtree
• Prima Solutions
• Oracle
• Microsoft
• Cogitate Technology Solutions
• Cognizant
• Inzura
• Pegasystems
• Fineos
• Duck Creek
• RGI Group
• Infosys
• Bolt Solutions
• EIS Group
• StoneRiver
• Vertafore
• Appian
• Majesco
• Internet Pipeline
• Ebaotech

For any Queries Linked with the Report, Ask an Analyst 

Key Questions answered in the Digital Insurance Platform Market Report are:


  • What is Digital Insurance Platform?
  • What is the forecast period of the Digital Insurance Platform Market?
  • What is the expected Digital Insurance Platform market size by the end of the forecast period?
  • What will be the CAGR of the Digital Insurance Platform market during the forecast period?
  • Who are the key players in the Digital Insurance Platform industry?
  • Which region held the largest market share in the Digital Insurance Platform Market?
  • What are the opportunities for the Digital Insurance Platform Market?
  • What are the factors restraining the Digital Insurance Platform market growth?



Key Offerings:

  • Past Market Size and Competitive Landscape (2017 to 2021)
  • Past Pricing and price curve by region (2017 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis of segments and their sub-segments
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

+91 96071 95908, +91 9607365656

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