reportoceanFebruary 17, 2021 79
Global Financial Technology (fintech) Market, by Service (Fund Transfer, Payment, Personal Finance, Insurance, Loans, Management), by Technology (AI, Blockchain, API, Distributed Computing), by Application (Insurance, Banking, Securities & Others), by Deployment Mode (On-Premise and Cloud) – By Market Size, Share, Trends and Forecast 2025, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Financial Technology (fintech) market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis,
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This report provides strategists, marketers and senior management with the critical information they need to assess the global insurance providers market as it emerges from the COVID-19 shut down.
The global insurance market is expected to grow from $4474.49 billion in 2020 to $5050.31 billion in 2021 at a compound annual growth rate (CAGR) of 12.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $6390.73 billion in 2025 at a CAGR of 6%.