Global Blockchain Market Research Report 2020 in Insurance Coverage Covid-19 Impact
The study on ‘Blockchain in the insurance market‘by Brand Essence Market Research is a collection of systematic details in terms of market valuation, market size, revenue estimate and geographic spectrum of the business vertical. The study also offers a thorough analysis of the key challenges and growth prospects that await key players in the Blockchain in Insurance market, including a brief summary of their business strategies and competitive environment.
Download the premium report example: https://brandessenceresearch.biz/Request/Sample?ResearchPostId=278&RequestType=Sample
Global blockchain in the insurance market to reach $ 4315.1 million by 2025.
The global blockchain market in the insurance sector worth approximately $ 17 million in 2016 is expected to grow at a healthy growth rate of over 85% over the forecast period 2017-2025. The main drivers of market growth include the emerging need for transparent and reliable systems and the general trends observed in the insurance industry related to the increase in claims fraud. Corporations, mostly large enterprises, obtain venture funding to develop a support infrastructure for blockchain integration. Large firms are expected to dominate the market in terms of market share, as such firms continuously invest in their research and development to improve their overall performance and provide customer satisfaction. However, the small and medium-sized enterprise (SME) segment is expected to show a higher CAGR, thanks to the availability of blockchain-as-a-service, provided by the vendors operating in the market, which minimizes infrastructure development costs. .
North America is expected to continue to dominate the market during the forecast period. The APAC region is expected to grow at the highest CAGR during the forecast period, due to the increase in digitalization, the huge growth of the IoT, and the rise of BaaS service providers in the region. Factors such as the growing number of fraudulent claims, the growing need for transparent and reliable systems, and the focus on reducing the total cost of ownership should drive the growth of the global blockchain in the insurance market.
The goal of the study is to define the market size of different segments and countries over the past few years and predict the values for the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the sector within each of the regions and countries involved in the study. Furthermore, the report also provides detailed information on crucial aspects such as the driving factors and challenges that will define future market growth. In addition, the report will also include opportunities available in micro markets to enable stakeholders to invest along with detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and the market sub-segment are explained below:
By application:
OGRC management
o Management of deaths and accidents
o Payments
o Identity management and fraud detection
o Smart contracts
By organization size:
oSME
o Large scale
By regions:
or North America
oU.S.
oCanada
o Europe
oUK
o Germany
or Asia Pacific
oChina
oIndia
o Japan
oLatin America
or Brazil
oMexico
Rest of the world
Furthermore, the years considered for the study are the following:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
The sector appears to be quite competitive. Some of the major players in the market include IBM, Oracle, Microsoft, AWS, SAP., Earthport, BTL Group, BitFury, Factom, Bitpay and so on. Effective acquisitions and mergers are some of the strategies adopted by major manufacturers. The launch of new products and continuous technological innovations are the key strategies adopted by the main players.
Global Blockchain in Insurance Market Target Audience in the Market Study:
oKey Consulting firm and consultants
o Large, medium and small businesses
o Venture capitalists
Value Added Resellers (VAR)
o Third party knowledge providers
o Investment bankers
o Investors
Regional coverage (regional production, demand and forecasts by countries etc.):
North America (United States, Canada, Mexico)
Europe (Germany, UK, France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East and Africa (Saudi Arabia, South Africa etc.)
Summary
1 Report overview
1.1 Purpose of the study
1.2 Key market segments
1.3 Players covered
1.4 Market analysis by type
1.4.1 Growth rate of global blockchain insurance market size by type (2014-2025)
1.4.2 Topical products
1.4.3 Botox
1.4.4 Dermal fillers
1.4.5 Chemical peels
1.4.6 Microabrasion equipment
1.4.7 Laser surface treatments
1.5 Market by application
1.5.1 Global Blockchain in Insurance Market Share by Application (2014-2025)
1.5.2 Hospitals
1.5.3 Dermatological clinics
1.6 Objectives of the study
1.7 years considered
2 Global growth trends
2.1 Blockchain in the dimensions of the insurance market
2.2 Blockchain in Insurance Growth Trends by Regions
2.2.1 Blockchain in the size of the insurance market by regions (2014-2025)
2.2.2 Blockchain in Insurance Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Major Market Trends
2.3.2 Market Driver
2.3.3 Market Opportunities
3 Market share of major players
3.1 Blockchain in the size of the insurance market by manufacturers
3.1.1 Global Blockchain in Insurance Income by Manufacturers (2014-2019)
3.1.2 Global blockchain market share in insurance revenue by manufacturers (2014-2019)
3.1.3 Concentration ratio of the global blockchain market in the insurance sector (CR5 and HHI)
3.2 Blockchain in Insurance The main players in the headquarters and in the area served
3.3 Blockchain of key players in the insurance product / solution / service
3.4 Date of entry into the Blockchain in the insurance market
3.5 Mergers and acquisitions, expansion plans
Learn more: https://brandessenceresearch.biz/ICT-and-Media/Blockchain-In-Insurance-Market/Summary
About us: Brandessence Market Research and Consulting Pvt. Ltd.
Brandessence Market Research publishes market research reports and company insights produced by highly trained and experienced industry analysts. Our research reports are available across a wide range of verticals, including aviation, food and beverage, healthcare, ICT, construction, chemicals, and more. The Brand Essence market research report will be suitable for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs and directors, governments, agencies, organizations and graduate students. Students. We have a delivery center in Pune, India, and our sales office is in London.
Contact us to: + 44-2038074155 or write to us at [email protected]
Key trend reports:
https://www.marketwatch.com/press-release/at-1100-cagr-network-traffic-analyzer-market-size-netreo-inc-nokia-cisco-systems-inc-greycortex-sro-corelight-flowmon- networks-2020-11-24? tesla = y
https://www.marketwatch.com/press-release/automotive-lighting-market-a-promising-market-empowered-by-fast-growing-technology-and-demand-2020-11-24?tesla=y
https://www.marketwatch.com/press-release/asia-pacific-spirits-packaging-market-top-countries-records-market-size-shares-industry-outlook-driving-factors-by-manufacturers-growth- and-forecast-2025-2020-11-24? tesla = y
https://www.marketwatch.com/press-release/microchannel-heat-exchanger-market-2020-with-top-countries-data-industry-research-share-trend-industry-size-price-future-analysis- research-report-regional-perspective-2025-by-brand-market-research-2020-11-23? tesla = y
https://www.marketwatch.com/press-release/psoriasis-drug-market-global-industry-analysis-size-share-growth-trends-and-forecast-2020—2025-2020-08-13?tesla= y
