IoT insurance market to grow at a CAGR of 65.89% between 2018 and 2025. Internet of Things (IoT) Insurance offers an opportunity for insurers to partner with policyholders with a full view of the policyholder, it minimizes risk in real time and lowers the claims payouts for the insurer and provides a deep level of satisfaction to the policyholders. The Internet of Things (IoT) market and the smart city market is showing rapid growth.

Houston, TX -- (SBWire) -- 08/24/2018 --IoT insurance market to grow at a CAGR of 65.89% between 2018 and 2025. Internet of Things (IoT) Insurance offers an opportunity for insurers to partner with policyholders with a full view of the policyholder, it minimizes risk in real time and lowers the claims payouts for the insurer and provides a deep level of satisfaction to the policyholders. The Internet of Things (IoT) market and the smart city market is showing rapid growth. Thus, demand IoT insurance is increasing rapidly. IoT Insurance Market by Type (P&C, Health, Life), Application (Automotive & Transportation, Home & Commercial Buildings, Life & Health, Business & Enterprise, Consumer Electronics, Travel, Agriculture), and Geography - Global Forecast to 2025

The global IoT insurance market is estimated to be worth USD +42.76 billion by 2025, growing at a CAGR of 65.89% between 2018 and 2025.

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The prominent players in the Internet of Things (IoT) Insurance market are IBM Corporation (U.S.), Accenture (Ireland), Cognizant (U.S.), Oracle Corporation (U.S), Zonoff Inc. (U.S.), Capgemini (France), SAP SE (Germany), LexisNexis (U.S.), Lemonade Inc. (U.S.), Hippo Insurance (U.S.) among others.

Research N Reports has announced the addition of a new research report to its growing market intelligence repository. The report studies the global market for IoT Insurance and presents reliable forecasts regarding the market's future growth. The historical development patterns exhibited by the global market are studied in detail to present actionable insights for players looking to capitalize on the opportunities in the market. The report is titled 'Global IoT Insurance Market Research Report 2018' and is available for sale on the official website of Research N Reports.

Research Coverage

In this report, various segments such as insurance type, insurance applications, and geography have been covered. It also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. The report gives a detailed view of the market across five main regions: North America, Europe, APAC, Middle East and Africa, and Latin America. The political, economic, social, and technological (PEST) factors analysis has been included in the report along with the description of each of its factors and their impact on the said market.

The report focuses on the geographical distribution of the Global IoT Insurance Market and elaborates on the performance of the market in each regional segment. The key regional airborne early warning radar markets studied in the report are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

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The revenue structure of each regional market for IoT Insurance is elaborated upon in the report. The report provides the revenue figures of all regional markets, as well as their production figures. The overall pricing structure of each regional market is also elaborated upon in the report, which helps elucidate each regional market's revenue dynamics.

By product type, the report segments the Global IoT Insurance Market into IoT Insurance, IoT Insurance, IoT Insurance, and others. The performance of each product segment in 2016 has been studied in the report to provide markers about the hierarchy of the global market. By application, the global market is bifurcated into IoT Insurance and IoT Insurance.

The report also looks into influential external factors likely to affect the development of the Global IoT Insurance Market in the coming years. These include the technological framework of the industry and likely advances expected in the coming years, consumer preference patterns, economic environment, and the demand for alternative technologies and devices. The report presents studied 2018-2025 forecasts for the Global IoT Insurance Market.

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