2021 Internet of Things In Insurance Market Growth Scenario with Upcoming Opportunities by 2028 - SAP SE, Verisk Analytics, Inc, Zonoff, Cognizant Technology Solutions, Lemonade
iCrowd Newswire
30 Apr 2021, 05:39 GMT+10
The Internet of Things (IoT) is a network of devices, sensors, and services that link, interact, and exchange data. In the insurance industry, the Internet of Things is gaining popularity. To boost operating performance, insurance companies have implemented Internet of Things-based technologies in their core business solutions. In the property and casualty (P&C) insurance industry, the Internet of Things technology has matured. Insurance firms can now operate more quickly and make critical data-driven decisions thanks to Internet of Things technology. Additionally, there is no need for documentation. Customers may use the mobile apps to make claims. Biometrics and environmental sensors, for example, are connected devices that help calculate risk and change policies
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Interactive Patient Engagement Solutions Market worth $291 million by 2026 - Exclusive Report by MarketsandMarkets Interactive Patient Engagement Solutions Market by Product (In Room Television, Interactive Bedside Terminals, Tablets), Type (Inpatient, Outpatient), End User (Hospitals, Clinics), Region - Global Forecast to 2026 , published by MarketsandMarkets, the global market is projected to reach USD 291 million by 2026 from USD 127 million in 2021, at a CAGR of 17.9%.
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The growth of this interactive patient engagement solutions market is driven by the need for the adoption of improved interactive patient engagement solutions, growing number of collaborations and partnerships between stakeholders, and favorable government regulations and initiatives to promote the adoption of these solutions.
The growth of this interactive patient engagement solutions market is driven by the need for the adoption of improved interactive patient engagement solutions, growing number of collaborations and partnerships between stakeholders, and favorable government regulations and initiatives to promote the adoption of these solutions.
The companies have a large market spread across various countries in North America, Europe, Asia Pacific, and the Rest of the World.
The COVID-19 pandemic has led to several layoffs, salary cuts, delayed cash flow from the employer to the employee, and an overall drop in the financial sector. Millions were laid off in the US in April 2020, and a 15.8% unemployment rate is expected to rise from the private sector. This makes it difficult for people to pay for basic sanitation and health services. Patients believe that the interactive patient engagement services offered by hospitals can further increase the hospital bills. This is expected to hamper the adoptio
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