A key driving factor for the growth of the market is the growing adoption of Internet of Things (IoT) for various insurance applications such as health, life, automobiles, travel, and agriculture sectors, among others.
This report aims to provide a comprehensive presentation of the global market for IoT 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 IoT Insurance. This report contains market size and forecasts of IoT Insurance in global, including the following market information:
Global IoT Insurance Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global top five companies in 2023 (%)
The global IoT Insurance market was valued at US$ million in 2023 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.
APAC region to be the fastest-growing market for IoT insurance.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the IoT 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 IoT Insurance Market, by Type, 2019-2024, 2024-2029 ($ millions)
Global IoT Insurance Market Segment Percentages, by Type, 2023 (%)
Long-Term Insurance
Short-Term Insurance
Global IoT Insurance Market, by Application, 2019-2024, 2024-2029 ($ millions)
Global IoT Insurance Market Segment Percentages, by Application, 2023 (%)
Automotive & Transportation
Home & Commercial Buildings
Life & Health
Global IoT Insurance Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions)
Global IoT Insurance Market Segment Percentages, By Region and Country, 2023 (%)
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 IoT Insurance revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies IoT Insurance revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
International Business Machines
Sap
Oracle
Google
Microsoft
Cisco Systems
Accenture
Verisk Analytics
Concirrus
Lexisnexis
Zonoff
Outline of Major Chapters:
Chapter 1: Introduces the definition of IoT Insurance, market overview.
Chapter 2: Global IoT Insurance market size in revenue.
Chapter 3: Detailed analysis of IoT 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 IoT 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 IoT Insurance Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global IoT 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 IoT Insurance Overall Market Size
2.1 Global IoT Insurance Market Size: 2022 VS 2031
2.2 Global IoT Insurance Market Size, Prospects & Forecasts: 2019-2031
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 IoT Insurance Players in Global Market
3.2 Top Global IoT Insurance Companies Ranked by Revenue
3.3 Global IoT Insurance Revenue by Companies
3.4 Top 3 and Top 5 IoT Insurance Companies in Global Market, by Revenue in 2022
3.5 Global Companies IoT Insurance Product Type
3.6 Tier 1, Tier 2 and Tier 3 IoT Insurance Players in Global Market
3.6.1 List of Global Tier 1 IoT Insurance Companies
3.6.2 List of Global Tier 2 and Tier 3 IoT Insurance Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global IoT Insurance Market Size Markets, 2022 & 2031
4.1.2 Long-Term Insurance
4.1.3 Short-Term Insurance
4.2 By Type - Global IoT Insurance Revenue & Forecasts
4.2.1 By Type - Global IoT Insurance Revenue, 2019-2024
4.2.2 By Type - Global IoT Insurance Revenue, 2024-2031
4.2.3 By Type - Global IoT Insurance Revenue Market Share, 2019-2031
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global IoT Insurance Market Size, 2022 & 2031
5.1.2 Automotive & Transportation
5.1.3 Home & Commercial Buildings
5.1.4 Life & Health
5.2 By Application - Global IoT Insurance Revenue & Forecasts
5.2.1 By Application - Global IoT Insurance Revenue, 2019-2024
5.2.2 By Application - Global IoT Insurance Revenue, 2024-2031
5.2.3 By Application - Global IoT Insurance Revenue Market Share, 2019-2031
6 Sights by Region
6.1 By Region - Global IoT Insurance Market Size, 2022 & 2031
6.2 By Region - Global IoT Insurance Revenue & Forecasts
6.2.1 By Region - Global IoT Insurance Revenue, 2019-2024
6.2.2 By Region - Global IoT Insurance Revenue, 2024-2031
6.2.3 By Region - Global IoT Insurance Revenue Market Share, 2019-2031
6.3 North America
6.3.1 By Country - North America IoT Insurance Revenue, 2019-2031
6.3.2 US IoT Insurance Market Size, 2019-2031
6.3.3 Canada IoT Insurance Market Size, 2019-2031
6.3.4 Mexico IoT Insurance Market Size, 2019-2031
6.4 Europe
6.4.1 By Country - Europe IoT Insurance Revenue, 2019-2031
6.4.2 Germany IoT Insurance Market Size, 2019-2031
6.4.3 France IoT Insurance Market Size, 2019-2031
6.4.4 U.K. IoT Insurance Market Size, 2019-2031
6.4.5 Italy IoT Insurance Market Size, 2019-2031
6.4.6 Russia IoT Insurance Market Size, 2019-2031
6.4.7 Nordic Countries IoT Insurance Market Size, 2019-2031
6.4.8 Benelux IoT Insurance Market Size, 2019-2031
6.5 Asia
6.5.1 By Region - Asia IoT Insurance Revenue, 2019-2031
6.5.2 China IoT Insurance Market Size, 2019-2031
6.5.3 Japan IoT Insurance Market Size, 2019-2031
6.5.4 South Korea IoT Insurance Market Size, 2019-2031
6.5.5 Southeast Asia IoT Insurance Market Size, 2019-2031
6.5.6 India IoT Insurance Market Size, 2019-2031
6.6 South America
6.6.1 By Country - South America IoT Insurance Revenue, 2019-2031
6.6.2 Brazil IoT Insurance Market Size, 2019-2031
6.6.3 Argentina IoT Insurance Market Size, 2019-2031
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa IoT Insurance Revenue, 2019-2031
6.7.2 Turkey IoT Insurance Market Size, 2019-2031
6.7.3 Israel IoT Insurance Market Size, 2019-2031
6.7.4 Saudi Arabia IoT Insurance Market Size, 2019-2031
6.7.5 UAE IoT Insurance Market Size, 2019-2031
7 IoT Insurance Companies Profiles
7.1 International Business Machines
7.1.1 International Business Machines Company Summary
7.1.2 International Business Machines Business Overview
7.1.3 International Business Machines IoT Insurance Major Product Offerings
7.1.4 International Business Machines IoT Insurance Revenue in Global Market (2019-2024)
7.1.5 International Business Machines Key News & Latest Developments
7.2 Sap
7.2.1 Sap Company Summary
7.2.2 Sap Business Overview
7.2.3 Sap IoT Insurance Major Product Offerings
7.2.4 Sap IoT Insurance Revenue in Global Market (2019-2024)
7.2.5 Sap Key News & Latest Developments
7.3 Oracle
7.3.1 Oracle Company Summary
7.3.2 Oracle Business Overview
7.3.3 Oracle IoT Insurance Major Product Offerings
7.3.4 Oracle IoT Insurance Revenue in Global Market (2019-2024)
7.3.5 Oracle Key News & Latest Developments
7.4 Google
7.4.1 Google Company Summary
7.4.2 Google Business Overview
7.4.3 Google IoT Insurance Major Product Offerings
7.4.4 Google IoT Insurance Revenue in Global Market (2019-2024)
7.4.5 Google Key News & Latest Developments
7.5 Microsoft
7.5.1 Microsoft Company Summary
7.5.2 Microsoft Business Overview
7.5.3 Microsoft IoT Insurance Major Product Offerings
7.5.4 Microsoft IoT Insurance Revenue in Global Market (2019-2024)
7.5.5 Microsoft Key News & Latest Developments
7.6 Cisco Systems
7.6.1 Cisco Systems Company Summary
7.6.2 Cisco Systems Business Overview
7.6.3 Cisco Systems IoT Insurance Major Product Offerings
7.6.4 Cisco Systems IoT Insurance Revenue in Global Market (2019-2024)
7.6.5 Cisco Systems Key News & Latest Developments
7.7 Accenture
7.7.1 Accenture Company Summary
7.7.2 Accenture Business Overview
7.7.3 Accenture IoT Insurance Major Product Offerings
7.7.4 Accenture IoT Insurance Revenue in Global Market (2019-2024)
7.7.5 Accenture Key News & Latest Developments
7.8 Verisk Analytics
7.8.1 Verisk Analytics Company Summary
7.8.2 Verisk Analytics Business Overview
7.8.3 Verisk Analytics IoT Insurance Major Product Offerings
7.8.4 Verisk Analytics IoT Insurance Revenue in Global Market (2019-2024)
7.8.5 Verisk Analytics Key News & Latest Developments
7.9 Concirrus
7.9.1 Concirrus Company Summary
7.9.2 Concirrus Business Overview
7.9.3 Concirrus IoT Insurance Major Product Offerings
7.9.4 Concirrus IoT Insurance Revenue in Global Market (2019-2024)
7.9.5 Concirrus Key News & Latest Developments
7.10 Lexisnexis
7.10.1 Lexisnexis Company Summary
7.10.2 Lexisnexis Business Overview
7.10.3 Lexisnexis IoT Insurance Major Product Offerings
7.10.4 Lexisnexis IoT Insurance Revenue in Global Market (2019-2024)
7.10.5 Lexisnexis Key News & Latest Developments
7.11 Zonoff
7.11.1 Zonoff Company Summary
7.11.2 Zonoff Business Overview
7.11.3 Zonoff IoT Insurance Major Product Offerings
7.11.4 Zonoff IoT Insurance Revenue in Global Market (2019-2024)
7.11.5 Zonoff 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. IoT Insurance Market Opportunities & Trends in Global Market
Table 2. IoT Insurance Market Drivers in Global Market
Table 3. IoT Insurance Market Restraints in Global Market
Table 4. Key Players of IoT Insurance in Global Market
Table 5. Top IoT Insurance Players in Global Market, Ranking by Revenue (2022)
Table 6. Global IoT Insurance Revenue by Companies, (US$, Mn), 2019-2024
Table 7. Global IoT Insurance Revenue Share by Companies, 2019-2024
Table 8. Global Companies IoT Insurance Product Type
Table 9. List of Global Tier 1 IoT Insurance Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 IoT Insurance Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global IoT Insurance Revenue, (US$, Mn), 2022 & 2031
Table 12. By Type - IoT Insurance Revenue in Global (US$, Mn), 2019-2024
Table 13. By Type - IoT Insurance Revenue in Global (US$, Mn), 2024-2031
Table 14. By Application ? Global IoT Insurance Revenue, (US$, Mn), 2022 & 2031
Table 15. By Application - IoT Insurance Revenue in Global (US$, Mn), 2019-2024
Table 16. By Application - IoT Insurance Revenue in Global (US$, Mn), 2024-2031
Table 17. By Region ? Global IoT Insurance Revenue, (US$, Mn), 2022 & 2031
Table 18. By Region - Global IoT Insurance Revenue (US$, Mn), 2019-2024
Table 19. By Region - Global IoT Insurance Revenue (US$, Mn), 2024-2031
Table 20. By Country - North America IoT Insurance Revenue, (US$, Mn), 2019-2024
Table 21. By Country - North America IoT Insurance Revenue, (US$, Mn), 2024-2031
Table 22. By Country - Europe IoT Insurance Revenue, (US$, Mn), 2019-2024
Table 23. By Country - Europe IoT Insurance Revenue, (US$, Mn), 2024-2031
Table 24. By Region - Asia IoT Insurance Revenue, (US$, Mn), 2019-2024
Table 25. By Region - Asia IoT Insurance Revenue, (US$, Mn), 2024-2031
Table 26. By Country - South America IoT Insurance Revenue, (US$, Mn), 2019-2024
Table 27. By Country - South America IoT Insurance Revenue, (US$, Mn), 2024-2031
Table 28. By Country - Middle East & Africa IoT Insurance Revenue, (US$, Mn), 2019-2024
Table 29. By Country - Middle East & Africa IoT Insurance Revenue, (US$, Mn), 2024-2031
Table 30. International Business Machines Company Summary
Table 31. International Business Machines IoT Insurance Product Offerings
Table 32. International Business Machines IoT Insurance Revenue (US$, Mn) & (2019-2024)
Table 33. International Business Machines Key News & Latest Developments
Table 34. Sap Company Summary
Table 35. Sap IoT Insurance Product Offerings
Table 36. Sap IoT Insurance Revenue (US$, Mn) & (2019-2024)
Table 37. Sap Key News & Latest Developments
Table 38. Oracle Company Summary
Table 39. Oracle IoT Insurance Product Offerings
Table 40. Oracle IoT Insurance Revenue (US$, Mn) & (2019-2024)
Table 41. Oracle Key News & Latest Developments
Table 42. Google Company Summary
Table 43. Google IoT Insurance Product Offerings
Table 44. Google IoT Insurance Revenue (US$, Mn) & (2019-2024)
Table 45. Google Key News & Latest Developments
Table 46. Microsoft Company Summary
Table 47. Microsoft IoT Insurance Product Offerings
Table 48. Microsoft IoT Insurance Revenue (US$, Mn) & (2019-2024)
Table 49. Microsoft Key News & Latest Developments
Table 50. Cisco Systems Company Summary
Table 51. Cisco Systems IoT Insurance Product Offerings
Table 52. Cisco Systems IoT Insurance Revenue (US$, Mn) & (2019-2024)
Table 53. Cisco Systems Key News & Latest Developments
Table 54. Accenture Company Summary
Table 55. Accenture IoT Insurance Product Offerings
Table 56. Accenture IoT Insurance Revenue (US$, Mn) & (2019-2024)
Table 57. Accenture Key News & Latest Developments
Table 58. Verisk Analytics Company Summary
Table 59. Verisk Analytics IoT Insurance Product Offerings
Table 60. Verisk Analytics IoT Insurance Revenue (US$, Mn) & (2019-2024)
Table 61. Verisk Analytics Key News & Latest Developments
Table 62. Concirrus Company Summary
Table 63. Concirrus IoT Insurance Product Offerings
Table 64. Concirrus IoT Insurance Revenue (US$, Mn) & (2019-2024)
Table 65. Concirrus Key News & Latest Developments
Table 66. Lexisnexis Company Summary
Table 67. Lexisnexis IoT Insurance Product Offerings
Table 68. Lexisnexis IoT Insurance Revenue (US$, Mn) & (2019-2024)
Table 69. Lexisnexis Key News & Latest Developments
Table 70. Zonoff Company Summary
Table 71. Zonoff IoT Insurance Product Offerings
Table 72. Zonoff IoT Insurance Revenue (US$, Mn) & (2019-2024)
Table 73. Zonoff Key News & Latest Developments
List of Figures
Figure 1. IoT Insurance Segment by Type in 2022
Figure 2. IoT Insurance Segment by Application in 2022
Figure 3. Global IoT Insurance Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global IoT Insurance Market Size: 2022 VS 2031 (US$, Mn)
Figure 6. Global IoT Insurance Revenue, 2019-2031 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by IoT Insurance Revenue in 2022
Figure 8. By Type - Global IoT Insurance Revenue Market Share, 2019-2031
Figure 9. By Application - Global IoT Insurance Revenue Market Share, 2019-2031
Figure 10. By Type - Global IoT Insurance Revenue, (US$, Mn), 2022 & 2031
Figure 11. By Type - Global IoT Insurance Revenue Market Share, 2019-2031
Figure 12. By Application - Global IoT Insurance Revenue, (US$, Mn), 2022 & 2031
Figure 13. By Application - Global IoT Insurance Revenue Market Share, 2019-2031
Figure 14. By Region - Global IoT Insurance Revenue Market Share, 2019-2031
Figure 15. By Country - North America IoT Insurance Revenue Market Share, 2019-2031
Figure 16. US IoT Insurance Revenue, (US$, Mn), 2019-2031
Figure 17. Canada IoT Insurance Revenue, (US$, Mn), 2019-2031
Figure 18. Mexico IoT Insurance Revenue, (US$, Mn), 2019-2031
Figure 19. By Country - Europe IoT Insurance Revenue Market Share, 2019-2031
Figure 20. Germany IoT Insurance Revenue, (US$, Mn), 2019-2031
Figure 21. France IoT Insurance Revenue, (US$, Mn), 2019-2031
Figure 22. U.K. IoT Insurance Revenue, (US$, Mn), 2019-2031
Figure 23. Italy IoT Insurance Revenue, (US$, Mn), 2019-2031
Figure 24. Russia IoT Insurance Revenue, (US$, Mn), 2019-2031
Figure 25. Nordic Countries IoT Insurance Revenue, (US$, Mn), 2019-2031
Figure 26. Benelux IoT Insurance Revenue, (US$, Mn), 2019-2031
Figure 27. By Region - Asia IoT Insurance Revenue Market Share, 2019-2031
Figure 28. China IoT Insurance Revenue, (US$, Mn), 2019-2031
Figure 29. Japan IoT Insurance Revenue, (US$, Mn), 2019-2031
Figure 30. South Korea IoT Insurance Revenue, (US$, Mn), 2019-2031
Figure 31. Southeast Asia IoT Insurance Revenue, (US$, Mn), 2019-2031
Figure 32. India IoT Insurance Revenue, (US$, Mn), 2019-2031
Figure 33. By Country - South America IoT Insurance Revenue Market Share, 2019-2031
Figure 34. Brazil IoT Insurance Revenue, (US$, Mn), 2019-2031
Figure 35. Argentina IoT Insurance Revenue, (US$, Mn), 2019-2031
Figure 36. By Country - Middle East & Africa IoT Insurance Revenue Market Share, 2019-2031
Figure 37. Turkey IoT Insurance Revenue, (US$, Mn), 2019-2031
Figure 38. Israel IoT Insurance Revenue, (US$, Mn), 2019-2031
Figure 39. Saudi Arabia IoT Insurance Revenue, (US$, Mn), 2019-2031
Figure 40. UAE IoT Insurance Revenue, (US$, Mn), 2019-2031
Figure 41. International Business Machines IoT Insurance Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 42. Sap IoT Insurance Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 43. Oracle IoT Insurance Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 44. Google IoT Insurance Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 45. Microsoft IoT Insurance Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 46. Cisco Systems IoT Insurance Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 47. Accenture IoT Insurance Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 48. Verisk Analytics IoT Insurance Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 49. Concirrus IoT Insurance Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 50. Lexisnexis IoT Insurance Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 51. Zonoff IoT Insurance Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
