The global insurtech market size is calculated at USD 36.05 billion in 2025 and is forecasted to reach around USD 609.50 billion by 2034, accelerating at a CAGR of 37.10% from 2025 to 2034. The North America insurtech market size surpassed USD 9.87 billion in 2024 and is expanding at a CAGR of 37.12% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Insurtech Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Insurtech Market, by Services
8.1.1. Consulting
8.1.1.1. Market Revenue and Forecast
8.1.2. Support & Maintenance
8.1.2.1. Market Revenue and Forecast
8.1.3. Managed Services
8.1.3.1. Market Revenue and Forecast
9.1. Insurtech Market, by Deployment Model
9.1.1. On-premise
9.1.1.1. Market Revenue and Forecast
9.1.2. Cloud
9.1.2.1. Market Revenue and Forecast
10.1. Insurtech Market, by Type
10.1.1. Auto
10.1.1.1. Market Revenue and Forecast
10.1.2. Business
10.1.2.1. Market Revenue and Forecast
10.1.3. Health
10.1.3.1. Market Revenue and Forecast
10.1.4. Home
10.1.4.1. Market Revenue and Forecast
10.1.5. Specialty
10.1.5.1. Market Revenue and Forecast
10.1.6. Travel
10.1.6.1. Market Revenue and Forecast
10.1.7. Others
10.1.7.1. Market Revenue and Forecast
11.1. Insurtech Market, by Technology
11.1.1. Blockchain
11.1.1.1. Market Revenue and Forecast
11.1.2. Cloud Computing
11.1.2.1. Market Revenue and Forecast
11.1.3. IoT
11.1.3.1. Market Revenue and Forecast
11.1.4. Machine Learning
11.1.4.1. Market Revenue and Forecast
11.1.5. Robo Advisory
11.1.5.1. Market Revenue and Forecast
11.1.5. Others
11.1.5.1. Market Revenue and Forecast
12.1. Insurtech Market, by Application
12.1.1. Product Development & Underwriting
12.1.1.1. Market Revenue and Forecast
12.1.2. Sales & Marketing
12.1.2.1. Market Revenue and Forecast
12.1.3. Policy Admin Collection & Disbursement
12.1.3.1. Market Revenue and Forecast
12.1.4. Claims Management
12.1.4.1. Market Revenue and Forecast
13.1. Insurtech Market, by End User
13.1.1. Automotive
13.1.1.1. Market Revenue and Forecast
13.1.2. BFSI
13.1.2.1. Market Revenue and Forecast
13.1.3. Government
13.1.3.1. Market Revenue and Forecast
13.1.4. Healthcare
13.1.4.1. Market Revenue and Forecast
13.1.5. Manufacturing
13.1.5.1. Market Revenue and Forecast
13.1.6. Retail
13.1.6.1. Market Revenue and Forecast
13.1.7. Transportation
13.1.7.1. Market Revenue and Forecast
13.1.8. Others
13.1.8.1. Market Revenue and Forecast
14.1. North America
14.1.1. Market Revenue and Forecast, by Services
14.1.2. Market Revenue and Forecast, by Deployment Model
14.1.3. Market Revenue and Forecast, by Type
14.1.4. Market Revenue and Forecast, by Technology
14.1.5. Market Revenue and Forecast, by Application
14.1.6. Market Revenue and Forecast, by End User
14.1.7. U.S.
14.1.7.1. Market Revenue and Forecast, by Services
14.1.7.2. Market Revenue and Forecast, by Deployment Model
14.1.7.3. Market Revenue and Forecast, by Type
14.1.7.4. Market Revenue and Forecast, by Technology
14.1.8. Market Revenue and Forecast, by Application
14.1.8.1. Market Revenue and Forecast, by End User
14.1.9. Rest of North America
14.1.9.1. Market Revenue and Forecast, by Services
14.1.9.2. Market Revenue and Forecast, by Deployment Model
14.1.9.3. Market Revenue and Forecast, by Type
14.1.9.4. Market Revenue and Forecast, by Technology
14.1.10. Market Revenue and Forecast, by Application
14.1.11. Market Revenue and Forecast, by End User
14.1.11.1.
14.2. Europe
14.2.1. Market Revenue and Forecast, by Services
14.2.2. Market Revenue and Forecast, by Deployment Model
14.2.3. Market Revenue and Forecast, by Type
14.2.4. Market Revenue and Forecast, by Technology
14.2.5. Market Revenue and Forecast, by Application
14.2.6. Market Revenue and Forecast, by End User
14.2.7.
14.2.8. UK
14.2.8.1. Market Revenue and Forecast, by Services
14.2.8.2. Market Revenue and Forecast, by Deployment Model
14.2.8.3. Market Revenue and Forecast, by Type
14.2.9. Market Revenue and Forecast, by Technology
14.2.10. Market Revenue and Forecast, by Application
14.2.10.1. Market Revenue and Forecast, by End User
14.2.11. Germany
14.2.11.1. Market Revenue and Forecast, by Services
14.2.11.2. Market Revenue and Forecast, by Deployment Model
14.2.11.3. Market Revenue and Forecast, by Type
14.2.12. Market Revenue and Forecast, by Technology
14.2.13. Market Revenue and Forecast, by Application
14.2.14. Market Revenue and Forecast, by End User
14.2.14.1.
14.2.15. France
14.2.15.1. Market Revenue and Forecast, by Services
14.2.15.2. Market Revenue and Forecast, by Deployment Model
14.2.15.3. Market Revenue and Forecast, by Type
14.2.15.4. Market Revenue and Forecast, by Technology
14.2.16. Market Revenue and Forecast, by Application
14.2.16.1. Market Revenue and Forecast, by End User
14.2.17. Rest of Europe
14.2.17.1. Market Revenue and Forecast, by Services
14.2.17.2. Market Revenue and Forecast, by Deployment Model
14.2.17.3. Market Revenue and Forecast, by Type
14.2.17.4. Market Revenue and Forecast, by Technology
14.2.18. Market Revenue and Forecast, by Application
14.2.18.1. Market Revenue and Forecast, by End User
14.3. APAC
14.3.1. Market Revenue and Forecast, by Services
14.3.2. Market Revenue and Forecast, by Deployment Model
14.3.3. Market Revenue and Forecast, by Type
14.3.4. Market Revenue and Forecast, by Technology
14.3.5. Market Revenue and Forecast, by Application
14.3.6. Market Revenue and Forecast, by End User
14.3.7. India
14.3.7.1. Market Revenue and Forecast, by Services
14.3.7.2. Market Revenue and Forecast, by Deployment Model
14.3.7.3. Market Revenue and Forecast, by Type
14.3.7.4. Market Revenue and Forecast, by Technology
14.3.8. Market Revenue and Forecast, by Application
14.3.9. Market Revenue and Forecast, by End User
14.3.10. China
14.3.10.1. Market Revenue and Forecast, by Services
14.3.10.2. Market Revenue and Forecast, by Deployment Model
14.3.10.3. Market Revenue and Forecast, by Type
14.3.10.4. Market Revenue and Forecast, by Technology
14.3.11. Market Revenue and Forecast, by Application
14.3.11.1. Market Revenue and Forecast, by End User
14.3.12. Japan
14.3.12.1. Market Revenue and Forecast, by Services
14.3.12.2. Market Revenue and Forecast, by Deployment Model
14.3.12.3. Market Revenue and Forecast, by Type
14.3.12.4. Market Revenue and Forecast, by Technology
14.3.12.5. Market Revenue and Forecast, by Application
14.3.12.6. Market Revenue and Forecast, by End User
14.3.13. Rest of APAC
14.3.13.1. Market Revenue and Forecast, by Services
14.3.13.2. Market Revenue and Forecast, by Deployment Model
14.3.13.3. Market Revenue and Forecast, by Type
14.3.13.4. Market Revenue and Forecast, by Technology
14.3.13.5. Market Revenue and Forecast, by Application
14.3.13.6. Market Revenue and Forecast, by End User
14.4. MEA
14.4.1. Market Revenue and Forecast, by Services
14.4.2. Market Revenue and Forecast, by Deployment Model
14.4.3. Market Revenue and Forecast, by Type
14.4.4. Market Revenue and Forecast, by Technology
14.4.5. Market Revenue and Forecast, by Application
14.4.6. Market Revenue and Forecast, by End User
14.4.7. GCC
14.4.7.1. Market Revenue and Forecast, by Services
14.4.7.2. Market Revenue and Forecast, by Deployment Model
14.4.7.3. Market Revenue and Forecast, by Type
14.4.7.4. Market Revenue and Forecast, by Technology
14.4.8. Market Revenue and Forecast, by Application
14.4.9. Market Revenue and Forecast, by End User
14.4.10. North Africa
14.4.10.1. Market Revenue and Forecast, by Services
14.4.10.2. Market Revenue and Forecast, by Deployment Model
14.4.10.3. Market Revenue and Forecast, by Type
14.4.10.4. Market Revenue and Forecast, by Technology
14.4.11. Market Revenue and Forecast, by Application
14.4.12. Market Revenue and Forecast, by End User
14.4.13. South Africa
14.4.13.1. Market Revenue and Forecast, by Services
14.4.13.2. Market Revenue and Forecast, by Deployment Model
14.4.13.3. Market Revenue and Forecast, by Type
14.4.13.4. Market Revenue and Forecast, by Technology
14.4.13.5. Market Revenue and Forecast, by Application
14.4.13.6. Market Revenue and Forecast, by End User
14.4.14. Rest of MEA
14.4.14.1. Market Revenue and Forecast, by Services
14.4.14.2. Market Revenue and Forecast, by Deployment Model
14.4.14.3. Market Revenue and Forecast, by Type
14.4.14.4. Market Revenue and Forecast, by Technology
14.4.14.5. Market Revenue and Forecast, by Application
14.4.14.6. Market Revenue and Forecast, by End User
14.5. Latin America
14.5.1. Market Revenue and Forecast, by Services
14.5.2. Market Revenue and Forecast, by Deployment Model
14.5.3. Market Revenue and Forecast, by Type
14.5.4. Market Revenue and Forecast, by Technology
14.5.5. Market Revenue and Forecast, by Application
14.5.6. Market Revenue and Forecast, by End User
14.5.7. Brazil
14.5.7.1. Market Revenue and Forecast, by Services
14.5.7.2. Market Revenue and Forecast, by Deployment Model
14.5.7.3. Market Revenue and Forecast, by Type
14.5.7.4. Market Revenue and Forecast, by Technology
14.5.8. Market Revenue and Forecast, by Application
14.5.8.1. Market Revenue and Forecast, by End User
14.5.9. Rest of LATAM
14.5.9.1. Market Revenue and Forecast, by Services
14.5.9.2. Market Revenue and Forecast, by Deployment Model
14.5.9.3. Market Revenue and Forecast, by Type
14.5.9.4. Market Revenue and Forecast, by Technology
14.5.9.5. Market Revenue and Forecast, by Application
14.5.9.6. Market Revenue and Forecast, by End User
15.1. Damco Group
15.1.1. Company Overview
15.1.2. Product Offerings
15.1.3. Financial Performance
15.1.4. Recent Initiatives
15.2. DXC Technology Company
15.2.1. Company Overview
15.2.2. Product Offerings
15.2.3. Financial Performance
15.2.4. Recent Initiatives
15.3. Insurance Technology Services
15.3.1. Company Overview
15.3.2. Product Offerings
15.3.3. Financial Performance
15.3.4. Recent Initiatives
15.4. Majesco
15.4.1. Company Overview
15.4.2. Product Offerings
15.4.3. Financial Performance
15.4.4. Recent Initiatives
15.5. Oscar Insurance
15.5.1. Company Overview
15.5.2. Product Offerings
15.5.3. Financial Performance
15.5.4. Recent Initiatives
15.6. Quantemplate
15.6.1. Company Overview
15.6.2. Product Offerings
15.6.3. Financial Performance
15.6.4. Recent Initiatives
15.7. Shift Technology
15.7.1. Company Overview
15.7.2. Product Offerings
15.7.3. Financial Performance
15.7.4. Recent Initiatives
15.8. TrÅÂv, Inc.
15.8.1. Company Overview
15.8.2. Product Offerings
15.8.3. Financial Performance
15.8.4. Recent Initiatives
15.9. Wipro Limited
15.9.1. Company Overview
15.9.2. Product Offerings
15.9.3. Financial Performance
15.9.4. Recent Initiatives
15.10. ZhongAn Insurance
15.10.1. Company Overview
15.10.2. Product Offerings
15.10.3. Financial Performance
15.10.4. Recent Initiatives
16.1. Primary Research
16.2. Secondary Research
16.3. Assumptions
17.1. About Us
17.2. Glossary of Terms
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