1 / 7

AI in Insurance Market to Reach $45.74 Billion, Globally, by 2031 at 32.5% CAGR:

AI in Insurance Market to Reach $45.74 Billion, Globally, by 2031 at 32.5% CAGR: Allied Market Researchufffc<br>

aboli1
Download Presentation

AI in Insurance Market to Reach $45.74 Billion, Globally, by 2031 at 32.5% CAGR:

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Download PDF Sample

  2. AI in Insurance Market “During the COVID-19 epidemic, the AI in insurance industry was positively impacted due to the sudden lockdown in 2020. Moreover, with the rise in COVID-19 pandemic various companies are implementing AI into their processes, it can save time, reduce costs, improve customer experience, and increase profitability. Indeed, AI can transform typically tedious and time-consuming processes, underwriting, claims management, fraud detection, and customer service.” Beesetty Yogendra, Pramod Borasi ,Vineet KumarLead Analyst, IT in BFSI at Allied Market Research Download PDF Sample

  3. Financial Consulting Software Market Increase in investment by insurance companies in AI & machine learning and rise in preference for personalized insurance services boost the growth of the global AI in insurance market. In addition, increase in collaboration between insurance companies and AI & machine learning solution company positively impact growth of the AI in insurance market. However, higher deployment cost of AI, advanced machine learning, and lack of skilled labour hamper the AI in insurance market growth. On the contrary, increase in government initiatives and rise in investments to leverage the AI technology are expected to offer remunerative opportunities for expansion of the AI in insurance market during the forecast period. According to a new report published by Allied Market Research, titled, “AI in Insurance Market," The ai in insurance market was valued at $2.74 billion in 2021, and is estimated to reach $45.74 billion by 2031, growing at a CAGR of 32.56% from 2022 to 2031. Download PDF Sample

  4. Financial Consulting Software Market • KEY FINDINGS OF THE STUDY • By component, the software segment accounted for the largest AI in insurance market share in 2020. • Region wise, North America generated highest revenue in 2020. • Depending on application, the lead management generated the highest revenue in 2020. Download PDF Sample

  5. Financial Consulting Software Market • Key Benefits For Stakeholders • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the ai in insurance market analysis from 2021 to 2031 to identify the prevailing ai in insurance market opportunities. • The market research is offered along with information related to key drivers, restraints, and opportunities. • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network. • The report includes the analysis of the regional as well as global ai in insurance market trends, key players, market segments, application areas, and ai in insurance market forecast strategies. Download PDF Sample

  6. Financial Consulting Software Market MajorCompanies: The key players profiled in the AI in insurance market analysis are Clearbit, Demandbase, Inc., Dun & Bradstreet Corporation, Data Axle, HG Insights, InsideView, LinkedIn Corporation, Oracle Corporation, ZoomInfo Technologies LLC, and Zoho Corporation. These players have adopted various strategies to increase their market penetration and strengthen their position in the AI in insurance industry. Download PDF Sample

  7. Financial Consulting Software Market Contact: DavidCorrea 5933 NE Win Sivers Drive #205, Portland, OR 97220 UnitedStates Toll Free(USA/Canada): +1-800-792-5285, +1-503-894-6022 UK: +44-845-528-1300 Hong Kong:+852-301-84916 India (Pune): +91-20-66346060 Fax:+1⟨855⟩550-5975 help@alliedmarketresearch.com Web:https://www.alliedmarketresearch.com Download PDF Sample

More Related