This report aims to provide a comprehensive presentation of the global market for AI in Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding AI in Insurance. This report contains market size and forecasts of AI in Insurance in global, including the following market information:
Global AI in Insurance Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global AI in Insurance market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Cloud Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of AI in Insurance include AIA Group Ltd, AIG, Allianz SE, AXA and Berkshire Hathaway, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the AI 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 AI in Insurance Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global AI in Insurance Market Segment Percentages, by Type, 2022 (%)
Global AI in Insurance Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global AI in Insurance Market Segment Percentages, by Application, 2022 (%)
- Chatbots & Virtual Assistance
- Fraud Detection
- Customer Relationship Management
- Cybersecurity
- Payment Gateways
- Financial Transactions
- Other
Global AI in Insurance Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global AI in Insurance Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies AI in Insurance revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies AI in Insurance revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- AIA Group Ltd
- AIG
- Allianz SE
- AXA
- Berkshire Hathaway
Outline of Major Chapters:
Chapter 1: Introduces the definition of AI in Insurance, market overview.
Chapter 2: Global AI in Insurance market size in revenue.
Chapter 3: Detailed analysis of AI in Insurance company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments
by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments
by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of AI in Insurance in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 AI in Insurance Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global AI 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 AI in Insurance Overall Market Size
2.1 Global AI in Insurance Market Size: 2022 VS 2029
2.2 Global AI in Insurance Market Size, Prospects & Forecasts: 2018-2029
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 AI in Insurance Players in Global Market
3.2 Top Global AI in Insurance Companies Ranked by Revenue
3.3 Global AI in Insurance Revenue by Companies
3.4 Top 3 and Top 5 AI in Insurance Companies in Global Market, by Revenue in 2022
3.5 Global Companies AI in Insurance Product Type
3.6 Tier 1, Tier 2 and Tier 3 AI in Insurance Players in Global Market
3.6.1 List of Global Tier 1 AI in Insurance Companies
3.6.2 List of Global Tier 2 and Tier 3 AI in Insurance Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global AI in Insurance Market Size Markets, 2022 & 2029
4.1.2 Cloud
4.1.3 On-Premise
4.2 By Type - Global AI in Insurance Revenue & Forecasts
4.2.1 By Type - Global AI in Insurance Revenue, 2018-2023
4.2.2 By Type - Global AI in Insurance Revenue, 2024-2029
4.2.3 By Type - Global AI in Insurance Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global AI in Insurance Market Size, 2022 & 2029
5.1.2 Chatbots & Virtual Assistance
5.1.3 Fraud Detection
5.1.4 Customer Relationship Management
5.1.5 Cybersecurity
5.1.6 Payment Gateways
5.1.7 Financial Transactions
5.1.8 Other
5.2 By Application - Global AI in Insurance Revenue & Forecasts
5.2.1 By Application - Global AI in Insurance Revenue, 2018-2023
5.2.2 By Application - Global AI in Insurance Revenue, 2024-2029
5.2.3 By Application - Global AI in Insurance Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global AI in Insurance Market Size, 2022 & 2029
6.2 By Region - Global AI in Insurance Revenue & Forecasts
6.2.1 By Region - Global AI in Insurance Revenue, 2018-2023
6.2.2 By Region - Global AI in Insurance Revenue, 2024-2029
6.2.3 By Region - Global AI in Insurance Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America AI in Insurance Revenue, 2018-2029
6.3.2 US AI in Insurance Market Size, 2018-2029
6.3.3 Canada AI in Insurance Market Size, 2018-2029
6.3.4 Mexico AI in Insurance Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe AI in Insurance Revenue, 2018-2029
6.4.2 Germany AI in Insurance Market Size, 2018-2029
6.4.3 France AI in Insurance Market Size, 2018-2029
6.4.4 U.K. AI in Insurance Market Size, 2018-2029
6.4.5 Italy AI in Insurance Market Size, 2018-2029
6.4.6 Russia AI in Insurance Market Size, 2018-2029
6.4.7 Nordic Countries AI in Insurance Market Size, 2018-2029
6.4.8 Benelux AI in Insurance Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia AI in Insurance Revenue, 2018-2029
6.5.2 China AI in Insurance Market Size, 2018-2029
6.5.3 Japan AI in Insurance Market Size, 2018-2029
6.5.4 South Korea AI in Insurance Market Size, 2018-2029
6.5.5 Southeast Asia AI in Insurance Market Size, 2018-2029
6.5.6 India AI in Insurance Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America AI in Insurance Revenue, 2018-2029
6.6.2 Brazil AI in Insurance Market Size, 2018-2029
6.6.3 Argentina AI in Insurance Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa AI in Insurance Revenue, 2018-2029
6.7.2 Turkey AI in Insurance Market Size, 2018-2029
6.7.3 Israel AI in Insurance Market Size, 2018-2029
6.7.4 Saudi Arabia AI in Insurance Market Size, 2018-2029
6.7.5 UAE AI in Insurance Market Size, 2018-2029
7 AI in Insurance Companies Profiles
7.1 AIA Group Ltd
7.1.1 AIA Group Ltd Company Summary
7.1.2 AIA Group Ltd Business Overview
7.1.3 AIA Group Ltd AI in Insurance Major Product Offerings
7.1.4 AIA Group Ltd AI in Insurance Revenue in Global Market (2018-2023)
7.1.5 AIA Group Ltd Key News & Latest Developments
7.2 AIG
7.2.1 AIG Company Summary
7.2.2 AIG Business Overview
7.2.3 AIG AI in Insurance Major Product Offerings
7.2.4 AIG AI in Insurance Revenue in Global Market (2018-2023)
7.2.5 AIG Key News & Latest Developments
7.3 Allianz SE
7.3.1 Allianz SE Company Summary
7.3.2 Allianz SE Business Overview
7.3.3 Allianz SE AI in Insurance Major Product Offerings
7.3.4 Allianz SE AI in Insurance Revenue in Global Market (2018-2023)
7.3.5 Allianz SE Key News & Latest Developments
7.4 AXA
7.4.1 AXA Company Summary
7.4.2 AXA Business Overview
7.4.3 AXA AI in Insurance Major Product Offerings
7.4.4 AXA AI in Insurance Revenue in Global Market (2018-2023)
7.4.5 AXA Key News & Latest Developments
7.5 Berkshire Hathaway
7.5.1 Berkshire Hathaway Company Summary
7.5.2 Berkshire Hathaway Business Overview
7.5.3 Berkshire Hathaway AI in Insurance Major Product Offerings
7.5.4 Berkshire Hathaway AI in Insurance Revenue in Global Market (2018-2023)
7.5.5 Berkshire Hathaway Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. AI in Insurance Market Opportunities & Trends in Global Market
Table 2. AI in Insurance Market Drivers in Global Market
Table 3. AI in Insurance Market Restraints in Global Market
Table 4. Key Players of AI in Insurance in Global Market
Table 5. Top AI in Insurance Players in Global Market, Ranking by Revenue (2022)
Table 6. Global AI in Insurance Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global AI in Insurance Revenue Share by Companies, 2018-2023
Table 8. Global Companies AI in Insurance Product Type
Table 9. List of Global Tier 1 AI in Insurance Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 AI in Insurance Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global AI in Insurance Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - AI in Insurance Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - AI in Insurance Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global AI in Insurance Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - AI in Insurance Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - AI in Insurance Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global AI in Insurance Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global AI in Insurance Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global AI in Insurance Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America AI in Insurance Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America AI in Insurance Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe AI in Insurance Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe AI in Insurance Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia AI in Insurance Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia AI in Insurance Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America AI in Insurance Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America AI in Insurance Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa AI in Insurance Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa AI in Insurance Revenue, (US$, Mn), 2024-2029
Table 30. AIA Group Ltd Company Summary
Table 31. AIA Group Ltd AI in Insurance Product Offerings
Table 32. AIA Group Ltd AI in Insurance Revenue (US$, Mn) & (2018-2023)
Table 33. AIA Group Ltd Key News & Latest Developments
Table 34. AIG Company Summary
Table 35. AIG AI in Insurance Product Offerings
Table 36. AIG AI in Insurance Revenue (US$, Mn) & (2018-2023)
Table 37. AIG Key News & Latest Developments
Table 38. Allianz SE Company Summary
Table 39. Allianz SE AI in Insurance Product Offerings
Table 40. Allianz SE AI in Insurance Revenue (US$, Mn) & (2018-2023)
Table 41. Allianz SE Key News & Latest Developments
Table 42. AXA Company Summary
Table 43. AXA AI in Insurance Product Offerings
Table 44. AXA AI in Insurance Revenue (US$, Mn) & (2018-2023)
Table 45. AXA Key News & Latest Developments
Table 46. Berkshire Hathaway Company Summary
Table 47. Berkshire Hathaway AI in Insurance Product Offerings
Table 48. Berkshire Hathaway AI in Insurance Revenue (US$, Mn) & (2018-2023)
Table 49. Berkshire Hathaway Key News & Latest Developments
List of Figures
Figure 1. AI in Insurance Segment by Type in 2022
Figure 2. AI in Insurance Segment by Application in 2022
Figure 3. Global AI in Insurance Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global AI in Insurance Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global AI in Insurance Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by AI in Insurance Revenue in 2022
Figure 8. By Type - Global AI in Insurance Revenue Market Share, 2018-2029
Figure 9. By Application - Global AI in Insurance Revenue Market Share, 2018-2029
Figure 10. By Type - Global AI in Insurance Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global AI in Insurance Revenue Market Share, 2018-2029
Figure 12. By Application - Global AI in Insurance Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global AI in Insurance Revenue Market Share, 2018-2029
Figure 14. By Region - Global AI in Insurance Revenue Market Share, 2018-2029
Figure 15. By Country - North America AI in Insurance Revenue Market Share, 2018-2029
Figure 16. US AI in Insurance Revenue, (US$, Mn), 2018-2029
Figure 17. Canada AI in Insurance Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico AI in Insurance Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe AI in Insurance Revenue Market Share, 2018-2029
Figure 20. Germany AI in Insurance Revenue, (US$, Mn), 2018-2029
Figure 21. France AI in Insurance Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. AI in Insurance Revenue, (US$, Mn), 2018-2029
Figure 23. Italy AI in Insurance Revenue, (US$, Mn), 2018-2029
Figure 24. Russia AI in Insurance Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries AI in Insurance Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux AI in Insurance Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia AI in Insurance Revenue Market Share, 2018-2029
Figure 28. China AI in Insurance Revenue, (US$, Mn), 2018-2029
Figure 29. Japan AI in Insurance Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea AI in Insurance Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia AI in Insurance Revenue, (US$, Mn), 2018-2029
Figure 32. India AI in Insurance Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America AI in Insurance Revenue Market Share, 2018-2029
Figure 34. Brazil AI in Insurance Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina AI in Insurance Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa AI in Insurance Revenue Market Share, 2018-2029
Figure 37. Turkey AI in Insurance Revenue, (US$, Mn), 2018-2029
Figure 38. Israel AI in Insurance Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia AI in Insurance Revenue, (US$, Mn), 2018-2029
Figure 40. UAE AI in Insurance Revenue, (US$, Mn), 2018-2029
Figure 41. AIA Group Ltd AI in Insurance Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. AIG AI in Insurance Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Allianz SE AI in Insurance Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. AXA AI in Insurance Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Berkshire Hathaway AI in Insurance Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
