List of Contents

Generative AI In Insurance Market Size, Share, and Trends 2024 to 2034

The global generative AI in insurance market size was USD 615.11 million in 2023, calculated at USD 818.78 million in 2024 and is projected to surpass around USD 14,297.94 million by 2034, expanding at a CAGR of 33.1% from 2024 to 2034.

  • Last Updated : September 2024
  • Report Code : 3115
  • Category : ICT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

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 Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Generative AI in Insurance Market 

5.1. COVID-19 Landscape: Generative AI in Insurance 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

Chapter 6. Market Dynamics Analysis and Trends

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

Chapter 7. Competitive Landscape

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

Chapter 8. Global Generative AI in Insurance Market, By Deployment

8.1. Generative AI in Insurance Market, by Deployment, 2024-2034

8.1.1 Cloud-based

8.1.1.1. Market Revenue and Forecast (2021-2034)

8.1.2. On-premise

8.1.2.1. Market Revenue and Forecast (2021-2034)

Chapter 9. Global Generative AI in Insurance Market, By Technology

9.1. Generative AI in Insurance Market, by Technology, 2024-2034

9.1.1. Machine Learning

9.1.1.1. Market Revenue and Forecast (2021-2034)

9.1.2. Natural Language Processing

9.1.2.1. Market Revenue and Forecast (2021-2034)

Chapter 10. Global Generative AI in Insurance Market, By Application 

10.1. Generative AI in Insurance Market, by Application, 2024-2034

10.1.1. Fraud Detection and Credit Analysis

10.1.1.1. Market Revenue and Forecast (2021-2034)

10.1.2. Customer Profiling and Segmentation

10.1.2.1. Market Revenue and Forecast (2021-2034)

10.1.3. Product and Policy Design

10.1.3.1. Market Revenue and Forecast (2021-2034)

10.1.4. Underwriting and Claims Assessment

10.1.4.1. Market Revenue and Forecast (2021-2034)

10.1.5. Chatbots

10.1.5.1. Market Revenue and Forecast (2021-2034)

Chapter 11. Global Generative AI in Insurance Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Deployment (2021-2034)

11.1.2. Market Revenue and Forecast, by Technology (2021-2034)

11.1.3. Market Revenue and Forecast, by Application (2021-2034)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Deployment (2021-2034)

11.1.4.2. Market Revenue and Forecast, by Technology (2021-2034)

11.1.4.3. Market Revenue and Forecast, by Application (2021-2034)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Deployment (2021-2034)

11.1.5.2. Market Revenue and Forecast, by Technology (2021-2034)

11.1.5.3. Market Revenue and Forecast, by Application (2021-2034)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Deployment (2021-2034)

11.2.2. Market Revenue and Forecast, by Technology (2021-2034)

11.2.3. Market Revenue and Forecast, by Application (2021-2034)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Deployment (2021-2034)

11.2.4.2. Market Revenue and Forecast, by Technology (2021-2034)

11.2.4.3. Market Revenue and Forecast, by Application (2021-2034)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Deployment (2021-2034)

11.2.5.2. Market Revenue and Forecast, by Technology (2021-2034)

11.2.5.3. Market Revenue and Forecast, by Application (2021-2034)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Deployment (2021-2034)

11.2.6.2. Market Revenue and Forecast, by Technology (2021-2034)

11.2.6.3. Market Revenue and Forecast, by Application (2021-2034)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Deployment (2021-2034)

11.2.7.2. Market Revenue and Forecast, by Technology (2021-2034)

11.2.7.3. Market Revenue and Forecast, by Application (2021-2034)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Deployment (2021-2034)

11.3.2. Market Revenue and Forecast, by Technology (2021-2034)

11.3.3. Market Revenue and Forecast, by Application (2021-2034)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Deployment (2021-2034)

11.3.4.2. Market Revenue and Forecast, by Technology (2021-2034)

11.3.4.3. Market Revenue and Forecast, by Application (2021-2034)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Deployment (2021-2034)

11.3.5.2. Market Revenue and Forecast, by Technology (2021-2034)

11.3.5.3. Market Revenue and Forecast, by Application (2021-2034)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Deployment (2021-2034)

11.3.6.2. Market Revenue and Forecast, by Technology (2021-2034)

11.3.6.3. Market Revenue and Forecast, by Application (2021-2034)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Deployment (2021-2034)

11.3.7.2. Market Revenue and Forecast, by Technology (2021-2034)

11.3.7.3. Market Revenue and Forecast, by Application (2021-2034)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Deployment (2021-2034)

11.4.2. Market Revenue and Forecast, by Technology (2021-2034)

11.4.3. Market Revenue and Forecast, by Application (2021-2034)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Deployment (2021-2034)

11.4.4.2. Market Revenue and Forecast, by Technology (2021-2034)

11.4.4.3. Market Revenue and Forecast, by Application (2021-2034)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Deployment (2021-2034)

11.4.5.2. Market Revenue and Forecast, by Technology (2021-2034)

11.4.5.3. Market Revenue and Forecast, by Application (2021-2034)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Deployment (2021-2034)

11.4.6.2. Market Revenue and Forecast, by Technology (2021-2034)

11.4.6.3. Market Revenue and Forecast, by Application (2021-2034)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Deployment (2021-2034)

11.4.7.2. Market Revenue and Forecast, by Technology (2021-2034)

11.4.7.3. Market Revenue and Forecast, by Application (2021-2034)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Deployment (2021-2034)

11.5.2. Market Revenue and Forecast, by Technology (2021-2034)

11.5.3. Market Revenue and Forecast, by Application (2021-2034)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Deployment (2021-2034)

11.5.4.2. Market Revenue and Forecast, by Technology (2021-2034)

11.5.4.3. Market Revenue and Forecast, by Application (2021-2034)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Deployment (2021-2034)

11.5.5.2. Market Revenue and Forecast, by Technology (2021-2034)

11.5.5.3. Market Revenue and Forecast, by Application (2021-2034)

Chapter 12. Company Profiles

12.1. Microsoft Corporation

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Amazon Web Services Inc.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. IBM Corporation

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Avaamo Inc

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Cape Analytics LLC

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. MetLife

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Prudential Financial

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Wipro Limited

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. ZhongAn

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Acko General Insurance

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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