Insuretech Market – Global Industry Analysis and Forecast (2023-2029)

The technologies have the potential to affect the franchise value of insurance providers with supplementary competition policy considerations. Some of the many insurers are recognizing that new technologies like IoT, advanced analytics, AI and Big Data are expected to drive new offerings in the market that helps to improve customer experience to keep pace with other industries. However, with the slowdown in world economic growth the Insurtech industry has expected to suffer a certain impact that can be limit the global insuretech market growth.