Internet of Things in Insurance Market - Global Outlook and Forecast 2022-2028

March 2022 | 61 pages | ID: IEE621190538EN
Market Monitor Global

Abstracts

This report contains market size and forecasts of Internet of Things in Insurance in Global, including the following market information:

Global Internet of Things in Insurance Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Internet of Things in Insurance market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Usage-Based Insurance (UBI) Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Internet of Things in Insurance include Accenture PLC, Cisco Systems Inc, IBM, Microsoft Corporation, Oracle Corporation, SAP SE, Verisk Analytics, Zonoff Inc. and Cognizant Technology Solutions, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Internet of Things in Insurance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Internet of Things in Insurance Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Internet of Things in Insurance Market Segment Percentages, by Type, 2021 (%)

• Usage-Based Insurance (UBI)
• Pay-as-you-go Business Models

Global Internet of Things in Insurance Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Internet of Things in Insurance Market Segment Percentages, by Application, 2021 (%)

• Automotive
• Financial
• IT And Telecom
• Government
• Manufacturing
• Retail
• Construction
• Consumer Electronics
• Education
• Others

Global Internet of Things in Insurance Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Internet of Things in Insurance Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Internet of Things in Insurance revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Internet of Things in Insurance revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Accenture PLC
• Cisco Systems Inc
• IBM
• Microsoft Corporation
• Oracle Corporation
• SAP SE
• Verisk Analytics
• Zonoff Inc.
• Cognizant Technology Solutions
• Lemonade Inc
• Google LLC
• LexisNexis Group

Contents

1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Internet of Things in Insurance Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Internet of Things in Insurance Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL INTERNET OF THINGS IN INSURANCE OVERALL MARKET SIZE

2.1 Global Internet of Things in Insurance Market Size: 2021 VS 2028
2.2 Global Internet of Things in Insurance Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
  2.3.1 Market Opportunities & Trends
  2.3.2 Market Drivers
  2.3.3 Market Restraints

3 COMPANY LANDSCAPE

3.1 Top Internet of Things in Insurance Players in Global Market
3.2 Top Global Internet of Things in Insurance Companies Ranked by Revenue
3.3 Global Internet of Things in Insurance Revenue by Companies
3.4 Top 3 and Top 5 Internet of Things in Insurance Companies in Global Market, by Revenue in 2021
3.5 Global Companies Internet of Things in Insurance Product Type
3.6 Tier 1, Tier 2 and Tier 3 Internet of Things in Insurance Players in Global Market
  3.6.1 List of Global Tier 1 Internet of Things in Insurance Companies
  3.6.2 List of Global Tier 2 and Tier 3 Internet of Things in Insurance Companies

4 MARKET SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 by Type - Global Internet of Things in Insurance Market Size Markets, 2021 & 2028
  4.1.2 Usage-Based Insurance (UBI)
  4.1.3 Pay-as-you-go Business Models
4.2 By Type - Global Internet of Things in Insurance Revenue & Forecasts
  4.2.1 By Type - Global Internet of Things in Insurance Revenue, 2017-2022
  4.2.2 By Type - Global Internet of Things in Insurance Revenue, 2023-2028
  4.2.3 By Type - Global Internet of Things in Insurance Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Internet of Things in Insurance Market Size, 2021 & 2028
  5.1.2 Automotive
  5.1.3 Financial
  5.1.4 IT And Telecom
  5.1.5 Government
  5.1.6 Manufacturing
  5.1.7 Retail
  5.1.8 Construction
  5.1.9 Consumer Electronics
  5.1.10 Education
  5.1.11 Others
5.2 By Application - Global Internet of Things in Insurance Revenue & Forecasts
  5.2.1 By Application - Global Internet of Things in Insurance Revenue, 2017-2022
  5.2.2 By Application - Global Internet of Things in Insurance Revenue, 2023-2028
  5.2.3 By Application - Global Internet of Things in Insurance Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Internet of Things in Insurance Market Size, 2021 & 2028
6.2 By Region - Global Internet of Things in Insurance Revenue & Forecasts
  6.2.1 By Region - Global Internet of Things in Insurance Revenue, 2017-2022
  6.2.2 By Region - Global Internet of Things in Insurance Revenue, 2023-2028
  6.2.3 By Region - Global Internet of Things in Insurance Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America Internet of Things in Insurance Revenue, 2017-2028
  6.3.2 US Internet of Things in Insurance Market Size, 2017-2028
  6.3.3 Canada Internet of Things in Insurance Market Size, 2017-2028
  6.3.4 Mexico Internet of Things in Insurance Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe Internet of Things in Insurance Revenue, 2017-2028
  6.4.2 Germany Internet of Things in Insurance Market Size, 2017-2028
  6.4.3 France Internet of Things in Insurance Market Size, 2017-2028
  6.4.4 U.K. Internet of Things in Insurance Market Size, 2017-2028
  6.4.5 Italy Internet of Things in Insurance Market Size, 2017-2028
  6.4.6 Russia Internet of Things in Insurance Market Size, 2017-2028
  6.4.7 Nordic Countries Internet of Things in Insurance Market Size, 2017-2028
  6.4.8 Benelux Internet of Things in Insurance Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia Internet of Things in Insurance Revenue, 2017-2028
  6.5.2 China Internet of Things in Insurance Market Size, 2017-2028
  6.5.3 Japan Internet of Things in Insurance Market Size, 2017-2028
  6.5.4 South Korea Internet of Things in Insurance Market Size, 2017-2028
  6.5.5 Southeast Asia Internet of Things in Insurance Market Size, 2017-2028
  6.5.6 India Internet of Things in Insurance Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America Internet of Things in Insurance Revenue, 2017-2028
  6.6.2 Brazil Internet of Things in Insurance Market Size, 2017-2028
  6.6.3 Argentina Internet of Things in Insurance Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa Internet of Things in Insurance Revenue, 2017-2028
  6.7.2 Turkey Internet of Things in Insurance Market Size, 2017-2028
  6.7.3 Israel Internet of Things in Insurance Market Size, 2017-2028
  6.7.4 Saudi Arabia Internet of Things in Insurance Market Size, 2017-2028
  6.7.5 UAE Internet of Things in Insurance Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 Accenture PLC
  7.1.1 Accenture PLC Corporate Summary
  7.1.2 Accenture PLC Business Overview
  7.1.3 Accenture PLC Internet of Things in Insurance Major Product Offerings
  7.1.4 Accenture PLC Internet of Things in Insurance Revenue in Global Market (2017-2022)
  7.1.5 Accenture PLC Key News
7.2 Cisco Systems Inc
  7.2.1 Cisco Systems Inc Corporate Summary
  7.2.2 Cisco Systems Inc Business Overview
  7.2.3 Cisco Systems Inc Internet of Things in Insurance Major Product Offerings
  7.2.4 Cisco Systems Inc Internet of Things in Insurance Revenue in Global Market (2017-2022)
  7.2.5 Cisco Systems Inc Key News
7.3 IBM
  7.3.1 IBM Corporate Summary
  7.3.2 IBM Business Overview
  7.3.3 IBM Internet of Things in Insurance Major Product Offerings
  7.3.4 IBM Internet of Things in Insurance Revenue in Global Market (2017-2022)
  7.3.5 IBM Key News
7.4 Microsoft Corporation
  7.4.1 Microsoft Corporation Corporate Summary
  7.4.2 Microsoft Corporation Business Overview
  7.4.3 Microsoft Corporation Internet of Things in Insurance Major Product Offerings
  7.4.4 Microsoft Corporation Internet of Things in Insurance Revenue in Global Market (2017-2022)
  7.4.5 Microsoft Corporation Key News
7.5 Oracle Corporation
  7.5.1 Oracle Corporation Corporate Summary
  7.5.2 Oracle Corporation Business Overview
  7.5.3 Oracle Corporation Internet of Things in Insurance Major Product Offerings
  7.5.4 Oracle Corporation Internet of Things in Insurance Revenue in Global Market (2017-2022)
  7.5.5 Oracle Corporation Key News
7.6 SAP SE
  7.6.1 SAP SE Corporate Summary
  7.6.2 SAP SE Business Overview
  7.6.3 SAP SE Internet of Things in Insurance Major Product Offerings
  7.6.4 SAP SE Internet of Things in Insurance Revenue in Global Market (2017-2022)
  7.6.5 SAP SE Key News
7.7 Verisk Analytics
  7.7.1 Verisk Analytics Corporate Summary
  7.7.2 Verisk Analytics Business Overview
  7.7.3 Verisk Analytics Internet of Things in Insurance Major Product Offerings
  7.7.4 Verisk Analytics Internet of Things in Insurance Revenue in Global Market (2017-2022)
  7.7.5 Verisk Analytics Key News
7.8 Zonoff Inc.
  7.8.1 Zonoff Inc. Corporate Summary
  7.8.2 Zonoff Inc. Business Overview
  7.8.3 Zonoff Inc. Internet of Things in Insurance Major Product Offerings
  7.8.4 Zonoff Inc. Internet of Things in Insurance Revenue in Global Market (2017-2022)
  7.8.5 Zonoff Inc. Key News
7.9 Cognizant Technology Solutions
  7.9.1 Cognizant Technology Solutions Corporate Summary
  7.9.2 Cognizant Technology Solutions Business Overview
  7.9.3 Cognizant Technology Solutions Internet of Things in Insurance Major Product Offerings
  7.9.4 Cognizant Technology Solutions Internet of Things in Insurance Revenue in Global Market (2017-2022)
  7.9.5 Cognizant Technology Solutions Key News
7.10 Lemonade Inc
  7.10.1 Lemonade Inc Corporate Summary
  7.10.2 Lemonade Inc Business Overview
  7.10.3 Lemonade Inc Internet of Things in Insurance Major Product Offerings
  7.10.4 Lemonade Inc Internet of Things in Insurance Revenue in Global Market (2017-2022)
  7.10.5 Lemonade Inc Key News
7.11 Google LLC
  7.11.1 Google LLC Corporate Summary
  7.11.2 Google LLC Business Overview
  7.11.3 Google LLC Internet of Things in Insurance Major Product Offerings
  7.11.4 Google LLC Internet of Things in Insurance Revenue in Global Market (2017-2022)
  7.11.5 Google LLC Key News
7.12 LexisNexis Group
  7.12.1 LexisNexis Group Corporate Summary
  7.12.2 LexisNexis Group Business Overview
  7.12.3 LexisNexis Group Internet of Things in Insurance Major Product Offerings
  7.12.4 LexisNexis Group Internet of Things in Insurance Revenue in Global Market (2017-2022)
  7.12.5 LexisNexis Group Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

List Of Tables

LIST OF TABLES

Table 1. Internet of Things in Insurance Market Opportunities & Trends in Global Market
Table 2. Internet of Things in Insurance Market Drivers in Global Market
Table 3. Internet of Things in Insurance Market Restraints in Global Market
Table 4. Key Players of Internet of Things in Insurance in Global Market
Table 5. Top Internet of Things in Insurance Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Internet of Things in Insurance Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Internet of Things in Insurance Revenue Share by Companies, 2017-2022
Table 8. Global Companies Internet of Things in Insurance Product Type
Table 9. List of Global Tier 1 Internet of Things in Insurance Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Internet of Things in Insurance Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Internet of Things in Insurance Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Internet of Things in Insurance Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Internet of Things in Insurance Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Internet of Things in Insurance Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Internet of Things in Insurance Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Internet of Things in Insurance Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Internet of Things in Insurance Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Internet of Things in Insurance Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Internet of Things in Insurance Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Internet of Things in Insurance Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Internet of Things in Insurance Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Internet of Things in Insurance Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Internet of Things in Insurance Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Internet of Things in Insurance Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Internet of Things in Insurance Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Internet of Things in Insurance Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Internet of Things in Insurance Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Internet of Things in Insurance Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Internet of Things in Insurance Revenue, (US$, Mn), 2023-2028
Table 30. Accenture PLC Corporate Summary
Table 31. Accenture PLC Internet of Things in Insurance Product Offerings
Table 32. Accenture PLC Internet of Things in Insurance Revenue (US$, Mn), (2017-2022)
Table 33. Cisco Systems Inc Corporate Summary
Table 34. Cisco Systems Inc Internet of Things in Insurance Product Offerings
Table 35. Cisco Systems Inc Internet of Things in Insurance Revenue (US$, Mn), (2017-2022)
Table 36. IBM Corporate Summary
Table 37. IBM Internet of Things in Insurance Product Offerings
Table 38. IBM Internet of Things in Insurance Revenue (US$, Mn), (2017-2022)
Table 39. Microsoft Corporation Corporate Summary
Table 40. Microsoft Corporation Internet of Things in Insurance Product Offerings
Table 41. Microsoft Corporation Internet of Things in Insurance Revenue (US$, Mn), (2017-2022)
Table 42. Oracle Corporation Corporate Summary
Table 43. Oracle Corporation Internet of Things in Insurance Product Offerings
Table 44. Oracle Corporation Internet of Things in Insurance Revenue (US$, Mn), (2017-2022)
Table 45. SAP SE Corporate Summary
Table 46. SAP SE Internet of Things in Insurance Product Offerings
Table 47. SAP SE Internet of Things in Insurance Revenue (US$, Mn), (2017-2022)
Table 48. Verisk Analytics Corporate Summary
Table 49. Verisk Analytics Internet of Things in Insurance Product Offerings
Table 50. Verisk Analytics Internet of Things in Insurance Revenue (US$, Mn), (2017-2022)
Table 51. Zonoff Inc. Corporate Summary
Table 52. Zonoff Inc. Internet of Things in Insurance Product Offerings
Table 53. Zonoff Inc. Internet of Things in Insurance Revenue (US$, Mn), (2017-2022)
Table 54. Cognizant Technology Solutions Corporate Summary
Table 55. Cognizant Technology Solutions Internet of Things in Insurance Product Offerings
Table 56. Cognizant Technology Solutions Internet of Things in Insurance Revenue (US$, Mn), (2017-2022)
Table 57. Lemonade Inc Corporate Summary
Table 58. Lemonade Inc Internet of Things in Insurance Product Offerings
Table 59. Lemonade Inc Internet of Things in Insurance Revenue (US$, Mn), (2017-2022)
Table 60. Google LLC Corporate Summary
Table 61. Google LLC Internet of Things in Insurance Product Offerings
Table 62. Google LLC Internet of Things in Insurance Revenue (US$, Mn), (2017-2022)
Table 63. LexisNexis Group Corporate Summary
Table 64. LexisNexis Group Internet of Things in Insurance Product Offerings
Table 65. LexisNexis Group Internet of Things in Insurance Revenue (US$, Mn), (2017-2022)

List Of Figures

LIST OF FIGURES

Figure 1. Internet of Things in Insurance Segment by Type in 2021
Figure 2. Internet of Things in Insurance Segment by Application in 2021
Figure 3. Global Internet of Things in Insurance Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Internet of Things in Insurance Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Internet of Things in Insurance Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Internet of Things in Insurance Revenue in 2021
Figure 8. By Type - Global Internet of Things in Insurance Revenue Market Share, 2017-2028
Figure 9. By Application - Global Internet of Things in Insurance Revenue Market Share, 2017-2028
Figure 10. By Region - Global Internet of Things in Insurance Revenue Market Share, 2017-2028
Figure 11. By Country - North America Internet of Things in Insurance Revenue Market Share, 2017-2028
Figure 12. US Internet of Things in Insurance Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Internet of Things in Insurance Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Internet of Things in Insurance Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Internet of Things in Insurance Revenue Market Share, 2017-2028
Figure 16. Germany Internet of Things in Insurance Revenue, (US$, Mn), 2017-2028
Figure 17. France Internet of Things in Insurance Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Internet of Things in Insurance Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Internet of Things in Insurance Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Internet of Things in Insurance Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Internet of Things in Insurance Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Internet of Things in Insurance Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Internet of Things in Insurance Revenue Market Share, 2017-2028
Figure 24. China Internet of Things in Insurance Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Internet of Things in Insurance Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Internet of Things in Insurance Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Internet of Things in Insurance Revenue, (US$, Mn), 2017-2028
Figure 28. India Internet of Things in Insurance Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Internet of Things in Insurance Revenue Market Share, 2017-2028
Figure 30. Brazil Internet of Things in Insurance Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Internet of Things in Insurance Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Internet of Things in Insurance Revenue Market Share, 2017-2028
Figure 33. Turkey Internet of Things in Insurance Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Internet of Things in Insurance Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Internet of Things in Insurance Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Internet of Things in Insurance Revenue, (US$, Mn), 2017-2028
Figure 37. Accenture PLC Internet of Things in Insurance Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. Cisco Systems Inc Internet of Things in Insurance Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. IBM Internet of Things in Insurance Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. Microsoft Corporation Internet of Things in Insurance Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. Oracle Corporation Internet of Things in Insurance Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. SAP SE Internet of Things in Insurance Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. Verisk Analytics Internet of Things in Insurance Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. Zonoff Inc. Internet of Things in Insurance Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. Cognizant Technology Solutions Internet of Things in Insurance Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. Lemonade Inc Internet of Things in Insurance Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 47. Google LLC Internet of Things in Insurance Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 48. LexisNexis Group Internet of Things in Insurance Revenue Year Over Year Growth (US$, Mn) & (2017-2022)