DUBLIN–(BUSINESS WIRE)–The “US Digital Insurance Market: Insights, Trends & Forecast with Potential Impact of COVID-19 (2022-2026)” report has been added to ResearchAndMarkets.com’s offering.
The U.S. digital insurance market revenues are forecasted to reach US$27.72 billion in 2026, growing at a CAGR of 20.70%, for the period spanning 2022-2026.
Factors such as rapid urbanization, growing smartphone users, rising healthcare expenditure and improving consumer confidence index are expected to drive the market growth. However, growth of the industry would be challenged by surge in competitive pressure and technological infrastructure risk. A few notable trends include high adoption of Internet of Things (IoT), emergence of digital document management and growth in Artificial Intelligence (AI) services applications.
The U.S. digital insurance market by application is segmented into health, auto, life and home. Among them, health held the largest share of the industry revenues due to growth in prevalence of disorders across the country.
Rising number of households, increasing initiatives by government, rising accidents and man-made disasters, improving consumer confidence in digital insurance industry and accelerating personal automobile purchases are supporting the market growth.
Scope of the report
Key Target Audience
Market Dynamics
Growth Drivers
Key Trends and Developments
Challenges
Key Topics Covered:
1. Market Overview
2. Impact of COVID-19
3. The U.S. Digital Insurance Market Analysis
4. Market Dynamics
5. Company Profiles
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/r143kg
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
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