US digital insurance market
DUBLIN, Nov. 23, 2022 (GLOBE NEWSWIRE) — The US Digital Insurance Market: Insights, Trends & Forecast with Potential Impact of COVID-19 (2022-2026) report has been added ResearchAndMarkets.com Offer.
The revenue of the US digital insurance market is projected to reach US$27.72 billion in 2026 for the period 2022-2026, growing at a CAGR of 20.70%.
Factors such as rapid urbanization, growing smartphone users, rising healthcare spending and improving consumer confidence index are expected to drive the market growth. However, the growth of the industry would be challenged by increasing competitive pressures and the risk of technological infrastructure. Some notable trends include the strong adoption of the Internet of Things (IoT), the emergence of digital document management, and the growth of applications for artificial intelligence (AI) services.
The US digital insurance market is segmented into health, auto, life and home by application. Among them, health care held the largest share of industry revenue due to the increasing prevalence of diseases across the country.
Increasing number of households, increasing government initiatives, increasing accidents and man-made disasters, improving consumer confidence in the digital insurance industry and accelerating personal car buying are all supporting the market growth.
scope of the report
The report provides a comprehensive analysis of the US digital insurance market, divided into functions (commission and advertising) and applications (health, auto, life and home).
The US digital advertising market was analyzed. In addition, markets were analyzed according to sectors, devices and formats.
The market dynamics such as growth drivers, market trends and challenges are analyzed in depth.
Important target group
Important trends and developments
High acceptance of the Internet of Things (IoT)
Emergence of digital document management
Growth in applications for artificial intelligence (AI) services.
Main topics covered:
1. Market overview
2. Effects of COVID-19
3. The US Digital Insurance Market Analysis
4. Market Dynamics
5. Company Profiles
For more information about this report, visit https://www.researchandmarkets.com/r/bnunwz
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