Blockchain in Insurance Market 2021 – Global Industry Market Re

  • Blockchain in Insurance Market 2021

    Blockchain in insurance market is expected to grow at a CAGR of 65.9% over the forecast years (2019 – 2027), as Insurance Behemoths and InsurTech Companies are Venturing to Leverage Blockchain Technology to Prevent Insurance Fraud, Says Absolute Markets Insights.

    Global Blockchain in Insurance Market is a comprehensive study of the global market and has been recently added by Absolute Markets Insights to its extensive database. Augmented demand for the global market has been increased in the last few years. This informative research report has been scrutinized by using primary and secondary research. The Global Blockchain in Insurance Market is a valuable source of reliable data including data of the current market


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    Major Key Players:

    Key players operating in the Blockchain in Insurance market are Amazon Web Services, Inc., AUXESIS GROUP, Bitfury Group Limited, Boston Consulting Group, BTL Group Ltd, ChainThat, Circle Internet Financial Limited, CONSENSUS SYSTEMS (Consensys), Deloitte Touche Tohmatsu Limited, Digital Asset Holdings, LLC, Everledger Ltd, Etherparty Inc, Factom, Guardtime, IBM Corporation, iXLedger, KPMG International Cooperative, Microsoft, Oracle, SafeShare, Symbiont.io and Willis Towers Watson amongst others.

    Key findings of the report:

    Industry-wide collaborations on blockchain are formulating to make insurance use cases a reality. Insurtech startups are developing solutions for insurance companies that reduce fraudulent activities with improved traceability and accountability. For instance, Everledger Ltd is a London-based blockchain solutions provider that offers an immutable ledger for the diamond insurance sector.

    The key questions answered in the report:

    1. What will be the market size and growth rate in the forecast year?
    2. What are the key factors driving the Global Blockchain in Insurance Market?
    3. What are the risks and challenges in front of the market?
    4. Who are the key vendors in the Global Blockchain in Insurance Market?
    5. What are the trending factors influencing the market shares?
    6. What are the key outcomes of Porter’s five forces model?
    7. Which are the global opportunities for expanding the Global Blockchain in Insurance Market?

    Market Segmentation

    By Offerings 

    Solutions

    Applications and Platforms

    Middleware

    Infrastructure and Protocols

    Services

    Professional

    Managed

    Blockchain in Insurance Market By Application 

    Identity Management and Fraud Detection

    Claims Management

    Distribution and Payment Models

    Others (GRC Management etc.)

    By Organization Size 

    Large Enterprises

    Small and Medium-Sized Enterprises

    By Insurance Type

    Life Insurance

    Health Insurance

    Property and Casualty Insurance

    Reinsurance

    Others (Travel Insurance, Vehicle Insurance etc.)

    Blockchain in Insurance Market By Geography

    North America

    U.S.

    Canada

    Mexico

    Rest of North America

    Europe

    France

    The UK

    Spain

    Germany

    Italy

    Nordic

    Denmark

     Finland

     Iceland

    Norway

    Sweden

    Rest of Nordic

    The Benelux Union

    Belgium

    the Netherlands

    Luxemburg

    Rest of Europe

    Asia Pacific

    China

    Japan

    India

    Australia

    New Zealand

    Southeast Asia

    Rest of Asia Pacific

    Middle East and Africa

    GCC Countries

    Southern Africa

    Rest of Middle East and Africa

    Latin America

    Brazil

    Argentina

    Rest of Latin America

    .…

    Contact us:

    Shreyas Tanna

    Phone: +91-740-024-2424

    Absolute Markets Insights

    Email: sales@absolutemarketsinsights.com