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 to ResearchAndMarkets.com’s offering.
The US digital insurance market revenues are forecast to reach US$27.72 billion in 2026, growing at a CAGR of 20.70%, for the period spanning 2022-2026.
Factors such as rapid urbanization, growing smartphone users, rising healthcare expenditure and improving consumer confidence index are expected to drive the market growth. However, growth of the industry would be challenged by a surge in competitive pressure and technological infrastructure risk. A few notable trends include high adoption of Internet of Things (IoT), emergence of digital document management and growth in Artificial Intelligence (AI) services applications.
The US digital insurance market by application is segmented into health, auto, life and home. Among them, health held the largest share of the industry revenues due to growth in prevalence of disorders across the country.
Rising number of households, increasing initiatives by government, rising accidents and man-made disasters, improving consumer confidence in digital insurance industry and accelerating personal automobile purchases are supporting the market growth.
Scope of the report
The report provides a comprehensive analysis of the US digital insurance market, segmented into functions (commission & advertising) and applications (health, auto, life and home).
The US digital advertising market has been analyzed. Additionally, market by industries, devices and formats have also been analyzed.
The market dynamics such as growth drivers, market trends and challenges are analyzed in depth.
Key Target Audience
Key Trends and Developments
High Adoption of Internet of Things (IoT)
Emergence of Digital Document Management
Growth in Artificial Intelligence (AI) Services Applications
Key Topics Covered:
1. Market Overview
2. Impact 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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