Global Blockchain In Insurance Strategic Business Report 2023-2030


Dublin, Oct. 13, 2023 (GLOBE NEWSWIRE) -- The "Blockchain In Insurance - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Blockchain In Insurance Market to Reach $273.8 Billion by 2030

The global market for Blockchain In Insurance estimated at US$2.9 Billion in the year 2022, is projected to reach a revised size of US$273.8 Billion by 2030, growing at a CAGR of 76.7% over the analysis period 2022-2030.

Infrastructure & Protocols Providers, one of the segments analyzed in the report, is projected to record 73.9% CAGR and reach US$107 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Application & Solution Providers segment is readjusted to a revised 80% CAGR for the next 8-year period.

The U.S. Market is Estimated at $887.1 Million, While China is Forecast to Grow at 71.1% CAGR

The Blockchain In Insurance market in the U.S. is estimated at US$887.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$37.8 Billion by the year 2030 trailing a CAGR of 71.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 66.2% and 61.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 45.4% CAGR.

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages174
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$2.9 Billion
Forecasted Market Value (USD) by 2030$273.8 Billion
Compound Annual Growth Rate76.6%
Regions CoveredGlobal

MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Blockchain In Insurance - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

FOCUS ON SELECT PLAYERS (Total 204 Featured)

  • Algorythmix
  • Applied Blockchain
  • Auxesis Group
  • AWS
  • Bitfury
  • Bitpay
  • Blockcypher
  • BTL Group
  • Cambridge Blockchain
  • Chainthat Limited

For more information about this report visit https://www.researchandmarkets.com/r/wk4paa

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Global Market for Blockchain In Insurance

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