PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1223371
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1223371
Insurance Aggregators Market Size- By Enterprise Size, By Insurance Type, By Distribution- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global Insurance Aggregators Market Overview
According to SPER Market Research, the Global Insurance Aggregators Market is estimated to reach USD 149.37 billion by 2032 with a CAGR of 21.44%.
To enhance business operations, an insurance aggregator uses tracking and client behavioural analysis. Additionally, it provides a straightforward price comparison tool paid for either advertisements or listing fees. Additionally, in the lead generation model, aggregators create leads and sell them to brokers or product providers, which aids in educating the public and informing them of the various insurance products. The market for insurance aggregators is expanding as a result of a rise in aggregators and digital brokers as well as an increase in internet usage. Additionally, the market for insurance aggregators is expanding favourably as a result of the rise of digital influence. However, the lack of client awareness and a competent workforce are impeding the growth of the insurance aggregators business. On the other hand, greater consumer awareness presents a lucrative opportunity for the growth of the insurance aggregators market throughout the course of the projection period.
Impact of COVID-19 on the Global Insurance Aggregators Market
Due to consumers' increased preference for digital insurance solutions and their increasing need for insurance aggregator services that can be accessed through their smartphones and laptops as a result of their increased concern over the spread of the virus and social isolation, the COVID-19 outbreak had a positive effect on the market for insurance aggregators.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Enterprise Size, By Insurance Type, By Distribution.
Regions covered Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
Companies Covered Small Umbrella Insurance Brokers, Compare Policy Insurance Web Aggregators Pvt Ltd., Insurance Zebra, Gabi, CHECK24 Comparison Portal GmbH Munich, VERIVOX, Moneysupermarket.com Ltd, Insurify, Inc., Huize Holding Ltd, Ping An Insurance.
Global Insurance Aggregators Market Segmentation:
By Enterprise Size: Based on the Enterprise Size, Global Insurance Aggregators Market is segmented as; Large Enterprise, Small & Medium Enterprises (SMEs).
By Insurance Type: Based on the Insurance Type, Global Insurance Aggregators Market is segmented as; Life Insurance, Automotive Insurance, Health Insurance, Other.
By Distribution: Based on the Distribution, Global Insurance Aggregators Market is segmented as; Lead Generators, Call-Center Agencies, Digital Agencies.
By Region: North America dominated the insurance aggregators market and it is anticipated that it will continue to do so throughout the forecast period as the insurance business increasingly adopts new technology. However, Asia-Pacific is anticipated to experience considerable growth over the course of the forecast period as a result of numerous insurers adopting and heavily investing in digital insurance platforms to improve the region's claim settlement process and increase business efficiency.
Table of Contents
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER's internal database
- 2.1.4 Premium insight from KOL's
- 2.2 Market size estimation
- 2.2.1 Top-down and Bottom-up approach
- 2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1 Drivers
- 4.1.2 Restraints
- 4.1.3 Opportunities
- 4.1.4 Challenges
- 4.2. COVID-19 Impacts of the Global Insurance Aggregators Market
5. Market variables and outlook
- 5.1. SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
- 5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
- 5.3. PORTER'S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
- 5.4. Heat map analysis
6. Competitive Landscape
- 6.1 Global Insurance Aggregators Manufacturing Base Distribution, Sales Area, Product Type
- 6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Insurance Aggregators Market
7. Global Insurance Aggregators Market, By Enterprise Size, 2019-2032 (USD Million)
- 7.1 Large Enterprise
- 7.2 Small & Medium Enterprises (SMEs)
8. Global Insurance Aggregators Market, By Insurance Type, 2019-2032 (USD Million)
- 8.1 Life Insurance
- 8.2 Automotive Insurance
- 8.3 Health Insurance
- 8.4 Other
9. Global Insurance Aggregators Market, By Enterprise Size, 2019-2032 (USD Million)
- 9.1 Lead Generators
- 9.2 Call-Center Agencies
- 9.3 Call-Center Agencies
- 9.4 Digital Agencies
10. Global Commercial Washing M Market, By Region, 2019-2032 (USD Million)
- 10.1 Global Insurance Aggregators Market and Market Share by Region (2019-2025)
- 10.2 Global Insurance Aggregators Market and Market Share by Region (2026-2032)
- 10.3 Asia-Pacific
- 10.3.1 Australia
- 10.3.2 China
- 10.3.3 India
- 10.3.4 Japan
- 10.3.5 South Korea
- 10.3.6 Rest of Asia-Pacific
- 10.4 Europe
- 10.4.1 France
- 10.4.2 Germany
- 10.4.3 Italy
- 10.4.4 Spain
- 10.4.5 United Kingdom
- 10.4.6 Rest of Europe
- 10.5 Middle East and Africa
- 10.5.1 Kingdom of Saudi Arabia
- 10.5.2 United Arab Emirates
- 10.5.3 Rest of Middle East & Africa
- 10.6 North America
- 10.6.1 Canada
- 10.6.2 Mexico
- 10.6.3 United States
- 10.7 Latin America
- 10.7.1 Argentina
- 10.7.2 Brazil
- 10.7.3 Rest of Latin America
11. Company Profiles
- 11.1 CHECK24 Comparison Portal GmbH Munich
- 11.1.1 Company details
- 11.1.2 Financial outlook
- 11.1.3 Product summary
- 11.1.4 Recent developments
- 11.2 Compare Policy Insurance Web Aggregators Pvt Ltd
- 11.2.1 Company details
- 11.2.2 Financial outlook
- 11.2.3 Product summary
- 11.2.4 Recent developments
- 11.3 Huize Holding Ltd
- 11.3.1 Company details
- 11.3.2 Financial outlook
- 11.3.3 Product summary
- 11.3.4 Recent developments
- 11.4 Insurance Zebra, Gabi
- 11.4.1 Company details
- 11.4.2 Financial outlook
- 11.4.3 Product summary
- 11.4.4 Recent developments
- 11.5 Insurify Inc.
- 11.5.1 Company details
- 11.5.2 Financial outlook
- 11.5.3 Product summary
- 11.5.4 Recent developments
- 11.6 Moneysupermarket.com Ltd
- 11.6.1 Company details
- 11.6.2 Financial outlook
- 11.6.3 Product summary
- 11.6.4 Recent developments
- 11.7 Ping An Insurance
- 11.7.1 Company details
- 11.7.2 Financial outlook
- 11.7.3 Product summary
- 11.7.4 Recent developments
- 11.8 Small Umbrella Insurance Brokers
- 11.8.1 Company details
- 11.8.2 Financial outlook
- 11.8.3 Product summary
- 11.8.4 Recent developments
- 11.9 VERIVOX
- 11.9.1 Company details
- 11.9.2 Financial outlook
- 11.9.3 Product summary
- 11.9.4 Recent developments
12.List of Abbreviations
13.Reference Links
14.Conclusion
15.Research Scope
