Market Research Report
Global Bancassurance Market 2021-2025
|Global Bancassurance Market 2021-2025|
Published: May 11, 2021
TechNavio (Infiniti Research Ltd.)
Content info: 120 Pages
Delivery time: 1-2 business days
Technavio has been monitoring the bancassurance market and it is poised to grow by $ 354.08 bn during 2021-2025, progressing at a CAGR of over 6% during the forecast period. Our report on bancassurance market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increased need for insurance, increase in the number of HNWIs in developing regions, and increasing government regulations on mandatory insurance coverage in developing countries. In addition, increased need for insurance is anticipated to boost the growth of the market as well.
The bancassurance market analysis includes product segment and geographic landscape.
Technavio's bancassurance market is segmented as below:
This study identifies the industry consolidation through partnerships as one of the prime reasons driving the bancassurance market growth during the next few years. Also, growing digitization and strategy and investors collaborating with insurtech firms will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on bancassurance market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bancassurance market vendors that include American Express Co., Australia and New Zealand Banking Group Ltd., Banco Santander SA, Barclays Bank Plc, BNP Paribas Cardif, Citigroup Inc., Credit Agricole SA, HSBC Holdings Plc, ING Groep NV, and Wells Fargo and Co. Also, the bancassurance market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.