The global AI in Insurance Service market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
Artificial intelligence (AI) is playing an increasingly important role in the insurtech industry. Insurtech refers to the use of technology to improve and streamline the insurance industry, and AI is a key component of this effort. AI algorithms can analyze large amounts of data to quickly and accurately assess risk and determine appropriate premiums. This can help insurers to make more informed decisions and reduce the time and resources required for underwriting.
United States market for AI in Insurance Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for AI in Insurance Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for AI in Insurance Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key AI in Insurance Service players cover Cognizant, Next IT Corp, Kasisto, Cape Analytics Inc., Microsoft, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
The 鈥淎I in Insurance Service Industry Forecast鈥 looks at past sales and reviews total world AI in Insurance Service sales in 2024, providing a comprehensive analysis by region and market sector of projected AI in Insurance Service sales for 2025 through 2031. With AI in Insurance Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world AI in Insurance Service industry.
This Insight Report provides a comprehensive analysis of the global AI in Insurance Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on AI in Insurance Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥 unique position in an accelerating global AI in Insurance Service market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for AI in Insurance Service and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global AI in Insurance Service.
This report presents a comprehensive overview, market shares, and growth opportunities of AI in Insurance Service market by product type, application, key players and key regions and countries.
Segmentation by Type:
Cloud-based
On-Premise
Segmentation by Application:
Automotive
Healthcare
Information Technology
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cognizant
Next IT Corp
Kasisto
Cape Analytics Inc.
Microsoft
Google
Salesforce
Amazon Web Services
Lemonade
Lexalytics
H2O Driverless AI
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 麻豆原创 Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 麻豆原创 Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 麻豆原创 Estimation Caveats
2 Executive Summary
2.1 World 麻豆原创 Overview
2.1.1 Global AI in Insurance Service 麻豆原创 Size (2020-2031)
2.1.2 AI in Insurance Service 麻豆原创 Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for AI in Insurance Service by Country/Region (2020, 2024 & 2031)
2.2 AI in Insurance Service Segment by Type
2.2.1 Cloud-based
2.2.2 On-Premise
2.3 AI in Insurance Service 麻豆原创 Size by Type
2.3.1 AI in Insurance Service 麻豆原创 Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global AI in Insurance Service 麻豆原创 Size 麻豆原创 Share by Type (2020-2025)
2.4 AI in Insurance Service Segment by Application
2.4.1 Automotive
2.4.2 Healthcare
2.4.3 Information Technology
2.4.4 Others
2.5 AI in Insurance Service 麻豆原创 Size by Application
2.5.1 AI in Insurance Service 麻豆原创 Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global AI in Insurance Service 麻豆原创 Size 麻豆原创 Share by Application (2020-2025)
3 AI in Insurance Service 麻豆原创 Size by Player
3.1 AI in Insurance Service 麻豆原创 Size 麻豆原创 Share by Player
3.1.1 Global AI in Insurance Service Revenue by Player (2020-2025)
3.1.2 Global AI in Insurance Service Revenue 麻豆原创 Share by Player (2020-2025)
3.2 Global AI in Insurance Service Key Players Head office and Products Offered
3.3 麻豆原创 Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 AI in Insurance Service by Region
4.1 AI in Insurance Service 麻豆原创 Size by Region (2020-2025)
4.2 Global AI in Insurance Service Annual Revenue by Country/Region (2020-2025)
4.3 Americas AI in Insurance Service 麻豆原创 Size Growth (2020-2025)
4.4 APAC AI in Insurance Service 麻豆原创 Size Growth (2020-2025)
4.5 Europe AI in Insurance Service 麻豆原创 Size Growth (2020-2025)
4.6 Middle East & Africa AI in Insurance Service 麻豆原创 Size Growth (2020-2025)
5 Americas
5.1 Americas AI in Insurance Service 麻豆原创 Size by Country (2020-2025)
5.2 Americas AI in Insurance Service 麻豆原创 Size by Type (2020-2025)
5.3 Americas AI in Insurance Service 麻豆原创 Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC AI in Insurance Service 麻豆原创 Size by Region (2020-2025)
6.2 APAC AI in Insurance Service 麻豆原创 Size by Type (2020-2025)
6.3 APAC AI in Insurance Service 麻豆原创 Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe AI in Insurance Service 麻豆原创 Size by Country (2020-2025)
7.2 Europe AI in Insurance Service 麻豆原创 Size by Type (2020-2025)
7.3 Europe AI in Insurance Service 麻豆原创 Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa AI in Insurance Service by Region (2020-2025)
8.2 Middle East & Africa AI in Insurance Service 麻豆原创 Size by Type (2020-2025)
8.3 Middle East & Africa AI in Insurance Service 麻豆原创 Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 麻豆原创 Drivers, Challenges and Trends
9.1 麻豆原创 Drivers & Growth Opportunities
9.2 麻豆原创 Challenges & Risks
9.3 Industry Trends
10 Global AI in Insurance Service 麻豆原创 Forecast
10.1 Global AI in Insurance Service Forecast by Region (2026-2031)
10.1.1 Global AI in Insurance Service Forecast by Region (2026-2031)
10.1.2 Americas AI in Insurance Service Forecast
10.1.3 APAC AI in Insurance Service Forecast
10.1.4 Europe AI in Insurance Service Forecast
10.1.5 Middle East & Africa AI in Insurance Service Forecast
10.2 Americas AI in Insurance Service Forecast by Country (2026-2031)
10.2.1 United States 麻豆原创 AI in Insurance Service Forecast
10.2.2 Canada 麻豆原创 AI in Insurance Service Forecast
10.2.3 Mexico 麻豆原创 AI in Insurance Service Forecast
10.2.4 Brazil 麻豆原创 AI in Insurance Service Forecast
10.3 APAC AI in Insurance Service Forecast by Region (2026-2031)
10.3.1 China AI in Insurance Service 麻豆原创 Forecast
10.3.2 Japan 麻豆原创 AI in Insurance Service Forecast
10.3.3 Korea 麻豆原创 AI in Insurance Service Forecast
10.3.4 Southeast Asia 麻豆原创 AI in Insurance Service Forecast
10.3.5 India 麻豆原创 AI in Insurance Service Forecast
10.3.6 Australia 麻豆原创 AI in Insurance Service Forecast
10.4 Europe AI in Insurance Service Forecast by Country (2026-2031)
10.4.1 Germany 麻豆原创 AI in Insurance Service Forecast
10.4.2 France 麻豆原创 AI in Insurance Service Forecast
10.4.3 UK 麻豆原创 AI in Insurance Service Forecast
10.4.4 Italy 麻豆原创 AI in Insurance Service Forecast
10.4.5 Russia 麻豆原创 AI in Insurance Service Forecast
10.5 Middle East & Africa AI in Insurance Service Forecast by Region (2026-2031)
10.5.1 Egypt 麻豆原创 AI in Insurance Service Forecast
10.5.2 South Africa 麻豆原创 AI in Insurance Service Forecast
10.5.3 Israel 麻豆原创 AI in Insurance Service Forecast
10.5.4 Turkey 麻豆原创 AI in Insurance Service Forecast
10.6 Global AI in Insurance Service Forecast by Type (2026-2031)
10.7 Global AI in Insurance Service Forecast by Application (2026-2031)
10.7.1 GCC Countries 麻豆原创 AI in Insurance Service Forecast
11 Key Players Analysis
11.1 Cognizant
11.1.1 Cognizant Company Information
11.1.2 Cognizant AI in Insurance Service Product Offered
11.1.3 Cognizant AI in Insurance Service Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.1.4 Cognizant Main Business Overview
11.1.5 Cognizant Latest Developments
11.2 Next IT Corp
11.2.1 Next IT Corp Company Information
11.2.2 Next IT Corp AI in Insurance Service Product Offered
11.2.3 Next IT Corp AI in Insurance Service Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.2.4 Next IT Corp Main Business Overview
11.2.5 Next IT Corp Latest Developments
11.3 Kasisto
11.3.1 Kasisto Company Information
11.3.2 Kasisto AI in Insurance Service Product Offered
11.3.3 Kasisto AI in Insurance Service Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.3.4 Kasisto Main Business Overview
11.3.5 Kasisto Latest Developments
11.4 Cape Analytics Inc.
11.4.1 Cape Analytics Inc. Company Information
11.4.2 Cape Analytics Inc. AI in Insurance Service Product Offered
11.4.3 Cape Analytics Inc. AI in Insurance Service Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.4.4 Cape Analytics Inc. Main Business Overview
11.4.5 Cape Analytics Inc. Latest Developments
11.5 Microsoft
11.5.1 Microsoft Company Information
11.5.2 Microsoft AI in Insurance Service Product Offered
11.5.3 Microsoft AI in Insurance Service Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.5.4 Microsoft Main Business Overview
11.5.5 Microsoft Latest Developments
11.6 Google
11.6.1 Google Company Information
11.6.2 Google AI in Insurance Service Product Offered
11.6.3 Google AI in Insurance Service Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.6.4 Google Main Business Overview
11.6.5 Google Latest Developments
11.7 Salesforce
11.7.1 Salesforce Company Information
11.7.2 Salesforce AI in Insurance Service Product Offered
11.7.3 Salesforce AI in Insurance Service Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.7.4 Salesforce Main Business Overview
11.7.5 Salesforce Latest Developments
11.8 Amazon Web Services
11.8.1 Amazon Web Services Company Information
11.8.2 Amazon Web Services AI in Insurance Service Product Offered
11.8.3 Amazon Web Services AI in Insurance Service Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.8.4 Amazon Web Services Main Business Overview
11.8.5 Amazon Web Services Latest Developments
11.9 Lemonade
11.9.1 Lemonade Company Information
11.9.2 Lemonade AI in Insurance Service Product Offered
11.9.3 Lemonade AI in Insurance Service Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.9.4 Lemonade Main Business Overview
11.9.5 Lemonade Latest Developments
11.10 Lexalytics
11.10.1 Lexalytics Company Information
11.10.2 Lexalytics AI in Insurance Service Product Offered
11.10.3 Lexalytics AI in Insurance Service Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.10.4 Lexalytics Main Business Overview
11.10.5 Lexalytics Latest Developments
11.11 H2O Driverless AI
11.11.1 H2O Driverless AI Company Information
11.11.2 H2O Driverless AI AI in Insurance Service Product Offered
11.11.3 H2O Driverless AI AI in Insurance Service Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.11.4 H2O Driverless AI Main Business Overview
11.11.5 H2O Driverless AI Latest Developments
12 Research Findings and Conclusion
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*If Applicable.