AI in Auto Insurance Market is forecasted to value over USD 6 billion by 2028 end and register a CAGR of 20.6% from the forecast period 2021-2028.

As per the market analysis performed by research analysts at Future Market Analytics, the adoption of Artificial Clearcover, Inc.ligence and On Demand Insurance (ML) by organizations across the world has risen and it is predicted that this rate of adoption shall increase in future as well. This is due to the advantages AI and machine learning offer in risk assessment, business analytics, research, and development. Professionals are also pushing for a safer and transparent implementation of this technology which shall further propel its growth. The integration of AI and IoT can be beneficial for the industrial as well as home automation sector, thus accelerating the growth of the AI and ML industry. AI would soon help understand the functionalities of invasive bacteria and viruses and aid in curing terminal diseases like cancer thus having the potential of limiting the implementation of age-old remedies like chemotherapy.

The assessment of the AI in Auto Insurance Market is performed considering various factors, like for instance, the business expansion policies of key players, competitive analysis of the progress of new entrants and emerging players, the revenue, financial, and opportunity analysis of market players. The AI in Auto Insurance Market is also analyzed based on the regional segmentation, product type or technique, end-user spectrum, etc. This research will be conducted with the implementation of the latest market research methodologies which shall help organizations comprehend the overall market scenario and strategize accordingly.

Major players included in the AI in Auto Insurance Market:

Ant Financial Services Group Co., Ltd.
CCC Information Services Inc.
Claim Genius Inc.
Clearcover, Inc.
Microsoft Corporation
GEICO
ICICI Lombard General Insurance Company Limited
Nauto, Inc.
Solaria Labs
The Progressive Corporation

(Note: The list of the major players will be updated with the latest market scenario and trends)

AI in Auto Insurance Market Segmentation:
By Offerings

Usage Based Insurance
On Demand Insurance
Peer-to-Peer Insurance

By Application

Claims Assessment
Chatbots
Policy Pricing

By Region

North America
Europe
Asia-Pacific
Latin America
Middle East and Africa

AI in Auto Insurance Market Competitive Analysis:

Tier-1 Players
Tier-2 Players
Emerging Players
New Entrants

Future Market Analytics Focus Points:

SWOT Analysis
Key Market Trends
Key Data -Points Affecting Market Growth
Revenue and Forecast Analysis
Growth Opportunities For New Entrants and Emerging Players
Key Player and Market Growth Matrix

Objectives of the Study:

To provide a comprehensive analysis on the AI in auto insurance market by offerings, by application and by region
To cater extensive insights on factors influencing the market growth (drivers, restraints, industry-specific restraints, business expansion opportunities)
To anticipate and analyse the market size expansion in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa
To record and evaluate competitive landscape mapping- strategic alliances and mergers, technological advancements and product launches, revenue and financial analysis of key market players

In case of any requirements or changes to the current table of content please contact us at:enquiry@futuremarketanalytics.com

Description

1. Market Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Market Scope
         1.3.1 Years Considered for the Study
         1.3.2 Market Covered
    1.4. Currency
    1.5. Limitations
    1.6. Stakeholders

2. Research Methodology
    2.1. Research Data
         2.1.1. Secondary Data
                2.1.1.1. Key Data from Secondary Sources
         2.1.2. Primary Data
                2.1.2.1. Key Data from Primary Sources
    2.2. Market Size Estimation
    2.3. Market Breakdown and Data Triangulation
    2.4. Assumptions for the Study

3. Executive Summary
    3.1. Market Outlook
    3.2. Segment Outlook
    3.3. Competitive Insights

4. Market Variables, Trends & Scope
    4.1. Market Lineage Outlook
    4.2. Penetration and Growth Prospect Mapping
    4.3. Industry Value Chain Analysis
    4.4. Cost Analysis Breakdown
    4.5. Technology Overview
    4.6. Regulatory Framework on Country Level
         4.6.1. Reimbursement Framework
         4.6.2. Standards and Compliances

5. Market Overview
    5.1. Market Dynamics
         5.1.1. Market Driver Analysis
         5.1.2. Market Restraint Analysis
         5.1.3. Industry Challenges

6. Market Analysis Tools
    6.1. Industry Analysis – Porters
         6.1.1. Supplier Power
         6.1.2. Buyer Power
         6.1.3. Substitution Threat
         6.1.4. Threat from new entrants
         6.1.5. Competitive Rivalry
    6.2. Pestel Analysis
         6.2.1. Political Landscape
         6.2.2. Environmental Landscape
         6.2.3. Social landscape
         6.2.4. Technology landscape
         6.2.5. Legal Landscape

7. AI in Auto Insurance Market, By Offerings Historical Analysis 2016-2020 and Forecast 2021-2028 (USD million)
    7.1. Usage Based Insurance
    7.2. On Demand Insurance
    7.3. Peer-to-Peer Insurance

8. AI in Auto Insurance Market, By Application Historical Analysis 2016-2020 and Forecast 2021-2028 (USD million)
    8.1. Claims Assessment
    8.2. Chatbots
    8.3. Policy Pricing

9. North America Market Analysis 2016-2020 and Forecast 2021-2028 (USD Million)
    9.1. Introduction
    9.2. Historical Market Size (USD Mn) Analysis By Country, 2016-2020
         9.2.1. U.S.
         9.2.2. Canada
         9.2.3. Mexico
         9.2.4. Rest of North America
    9.3. Market Size (USD Mn) Forecast for North America 2021-2028

10. Latin America Market Analysis 2016-2020 and Forecast 2021-2028 (USD Million)
    10.1. Introduction
    10.2. Regional Market Trends
    10.3. Historical Market Size (USD Mn) Analysis By Country, 2016-2020
         10.3.1. Brazil
         10.3.2. Venezuela
         10.3.3. Argentina
         10.3.4. Rest of Latin America
    10.4 Market Size (USD Mn) Forecast for Latin America 2021-2028

11. Europe Market Analysis 2016-2020 and Forecast 2021-2028 (USD Million)
    11.1. Introduction
    11.2. Historical Market Size (USD Mn) Analysis By Country, 2016-2020
         11.2.1. Germany
         11.2.2. U.K
         11.2.3. France
         11.2.4. Italy
         11.2.5. Switzerland
         11.2.6. Spain
         11.2.7. Russia
         11.2.8. Poland
         11.2.9. Rest of Europe
    11.3. Market Size (USD Mn) Forecast for Europe 2021-2028

12. Asia Pacific Market Analysis 2016-2020 and Forecast 2021-2028 (USD Million)
    12.1. Introduction
    12.2. Historical Market Size (USD Mn) Analysis By Country, 2016-2020
         12.2.1. Japan
         12.2.2. China
         12.2.3. Singapore
         12.2.4. Korea
         12.2.5. India
         12.2.6. Australia and New Zealand
         12.2.7. ASEAN
         12.2.8. Rest of Asia Pacific
    12.3. Market Size (USD Mn) Forecast for Asia Pacific 2021-2028

13. Middle East and Africa Market Analysis 2016-2020 and Forecast 2021-2028 (USD Million)
    13.1. Introduction
    13.2. Historical Market Size (USD Mn) Analysis By Country, 2016-2020
         13.2.1. UAE
         13.2.2. South Africa
         13.2.3. Egypt
         13.2.4. Saudi Arabia
         13.2.5. Rest of MEA
    13.3. Market Size (USD Mn) Forecast for MEA 2021-2028

14. Company Profiles (Competition Dashboard, Competitors Deep Dive, Product Type and Technology Portfolio, Financial Layouts)
    14.1. Ant Financial Services Group Co., Ltd.
         14.1.1. Company Overview (HQ, Business Segments, Employee Strength)
         14.1.2. Product Portfolio
         14.1.3. SWOT Analysis
         14.1.4. Financial Overview
         14.1.5. Strategic Overview
    14.2. CCC Information Services Inc.
         14.2.1. Company Overview (HQ, Business Segments, Employee Strength)
         14.2.2. Product Portfolio
         14.2.3. SWOT Analysis
         14.2.4. Financial Overview
         14.2.5. Strategic Overview
    14.3. Claim Genius Inc.
         14.3.1. Company Overview (HQ, Business Segments, Employee Strength)
         14.3.2. Product Portfolio
         14.3.3. SWOT Analysis
         14.3.4. Financial Overview
         14.3.5. Strategic Overview
    14.4. Clearcover, Inc.
         14.4.1. Company Overview (HQ, Business Segments, Employee Strength)
         14.4.2. Product Portfolio
         14.4.3. SWOT Analysis
         14.4.4. Financial Overview
         14.4.5. Strategic Overview
    14.5. Microsoft Corporation
         14.5.1. Company Overview (HQ, Business Segments, Employee Strength)
         14.5.2. Product Portfolio
         14.5.3. SWOT Analysis
         14.5.4. Financial Overview
         14.5.5. Strategic Overview
    14.6. GEICO
         14.6.1. Company Overview (HQ, Business Segments, Employee Strength)
         14.6.2. Product Portfolio
         14.6.3. SWOT Analysis
         14.6.4. Financial Overview
         14.6.5. Strategic Overview
    14.7. ICICI Lombard General Insurance Company Limited
         14.7.1. Company Overview (HQ, Business Segments, Employee Strength)
         14.7.2. Product Portfolio
         14.7.3. SWOT Analysis
         14.7.4. Financial Overview
         14.7.5. Strategic Overview
    14.8. Nauto, Inc.
         14.8.1. Company Overview (HQ, Business Segments, Employee Strength)
         14.8.2. Product Portfolio
         14.8.3. SWOT Analysis
         14.8.4. Financial Overview
         14.8.5. Strategic Overview
    14.9. Solaria Labs
         14.9.1. Company Overview (HQ, Business Segments, Employee Strength)
         14.9.2. Product Portfolio
         14.9.3. SWOT Analysis
         14.9.4. Financial Overview
         14.9.5. Strategic Overview
    14.10. The Progressive Corporation
         14.10.1. Company Overview (HQ, Business Segments, Employee Strength)
         14.10.2. Product Portfolio
         14.10.3. SWOT Analysis
         14.10.4. Financial Overview
         14.10.5. Strategic Overview
(Note: The list of the major players will be updated with the latest market scenario and trends)

15. Impact of COVID-19
    15.1. Positive influence on the industry
    15.2. The financial disruption of the sector
    15.3. Impact of COVID-19 on emerging companies
    15.4. Significant mandates in the industry regulations initiated by administrations
    15.5. The overall economic slowdown of the developing and developed nations

16. Competitive Clearcover, Inc.ligence and Competitive Matrix
16.1. Competitive Clearcover, Inc.ligence
16.2. Competitive Matrix

17. Major Deals and Strategic Alliances Analysis
    17.1. Joint ventures
    17.2. Mergers and acquisitions
    17.3. Licensing and partnerships
    17.4. Technology Collaborations
    17.5. Strategic Divestments
    17.6. Market Entry Strategies

18. Relevant Case Studies and Latest News Updates

19. Key Market Takeaway Points from the Market Analysts at Future Market Analytics

AI in Auto Insurance Market By Offerings, By Application and By Region: Industry Analysis, Market Share, Revenue Opportunity, Competitive Analysis and Forecast 2021-2028

Description

AI in Auto Insurance Market By Offerings, By Application and By Region: Industry Analysis, Market Share, Revenue Opportunity, Competitive Analysis and Forecast 2021-2028

License Type Details

Need Assistance?

Our Industries

Niche Industries

Useful Links

Company Info