AI in Auto Insurance Market to 2027 - Global Analysis and Forecasts by Offerings (Usage-Based Insurance, On-Demand Insurance, Peer-to-peer Insurance); Application (Claims Assessment, Chatbots, Policy Pricing)
Publication Month: Nov 2019
Report Code: TIPRE00006900 No. of Pages: 140 Category: Technology, Media and Telecommunications Status: Published
The global AI in Auto Insurance market was valued at US$ 1.0 Bn in 2018 and is expected to reach US$ 5.5 Bn by 2027 with a CAGR growth rate of 20.5% in the forecast period from 2019 to 2027.
The market has been derived after evaluating various market trends and dynamics prevailing in different geographies across the globe namely; North America, Europe, Asia Pacific and Rest of World. The matured markets in the globally AI in auto insurance market are the US, UK, and China. The dominance of Europe in the global market is due to the fact that the country houses a large number of automotive OEMs, telematics companies, and insurance companies. Additionally, the trend of adoption of newer technologies and solutions is also high in the country, which has pushed the residents to opt for AI in auto insurance. Further, owing to the higher disposable income among the individuals, the pattern of procurement of new vehicles is high in the country. Pertaining to the rise in the number of vehicles, several associated technologies and solutions are also increasing rapidly. These factors have positively impacted the growth of the AI in auto insurance market in the region.
Exhibit: Lucrative Regional AI in Auto Insurance Market
Market Insights
The increasing number of successful artificial intelligence use cases in the auto insurance industry
Artificial intelligence is transforming the face of every industry worldwide owing to its revolutionary capabilities that could substantially affect the performance of a business. In the past few years, banking, financial services, and insurance (BFSI) sector has been one of the largest adopter of artificial intelligence technology. The volume of data generated through various endpoints and mobile devices in the insurance sector is growing at a significant rate. This data presents a massive opportunity for insurance companies to gain insights about their customers and various business aspects. Automotive insurance contributes a substantial share in the global insurance industry and it is going through an evolving & challenging phase owing to the integration of advanced technologies in various business processes. Some of the major use cases of artificial intelligence in the insurance industry include chatbots, voicebots, claim assessment, risk assessment, fraud prevention, and policy pricing among many others.
The rising influx of innovative AI start-ups to boost the growth
In the past few years, the integration of artificial intelligence and its applications such as machine learning and deep learning have been growing tremendously in various industry verticals. AI is being utilized extensively in the BFSI sector for applications such as chatbots, voicebots, claim assessment, risk assessment, and fraud prevention among many others. With increasing use cases of AI and the evolving insurance market landscape, the growth of AI in auto insurance industry is anticipated to grow at a substantial rate during the forecast period of 2019 to 2027. The growth potential of AI in the auto insurance industry is driving the entry of a large number of startups with innovative solutions in this industry. The innovative technologies and solutions offered by these start-ups are going to intensify the competition in the AI in auto insurance market in the coming years. The funding scenario is looking quite good for these startups majorly due to the huge interest of global industries in artificial intelligence technology and its capabilities to transform various business processes. Few of the noteworthy insurtech startups include MetroMile, Solaria Labs, Tractable Ltd., RightIndem, and Insurify among others.
Offerings Insights
The AI in auto insurance market by offerings is segmented by usage-based insurance, on-demand insurance, and peer-to-peer insurance. The AI stimulates savings for the community of parties including brokers and policyholders and insurance carriers, plugging into existing transformations inside the insurance industry. Cuvva, Trov, and Metromile are some of the companies which are responsible to tackle the complete insurance buying process. The usage-based insurance segment led the AI in auto insurance market, by offerings in 2018.
Application Insights
The global AI in auto insurance market has been segmented on the basis of application into claims assessment, policy pricing, and chatbots. High penetration of internet capabilities has resulted in the development of advanced technologies to save both the time and cost of the parties. The claims assessment led the AI in auto insurance market by application in 2018.
Exhibit: Rest of APAC AI in Auto Insurance Market by Offering
Strategic Insights
Some of the market initiatives were observed to be most adopted strategy in the global AI in auto insurance market. Few of the recent market initiatives are listed below:
2019: Claim Genius partnered with IAR Group to jointly introduce Claim Genius’s AI auto damage estimations solutions in India. IAR Group offers claims management solutions to insurance as well as self-insured companies in India.
2019: Clearcover raised US$ 43 Mn Series B funding from Cox Enterprises. Other participants include Lightbank and Hyde Park Angels, among others.
2019: Nauto launched AI-driven Driver Behavior Learning Platform. It is a real-time, in-vehicle solution impacting driver behavior. It is deployed in the vehicle to constantly analyze sensor data from exterior hazards, driver behaviors, and vehicle movement. The platform comprises of five key modules, including in-vehicle alerts, on-demand coaching, claims management, safety insights, and driver engagement.
GLOBAL AI IN AUTO INSURANCE MARKET SEGMENTATION
Global AI in Auto Insurance Market – By Offerings
- Usage Based Insurance
- On-Demand Insurance
- Peer-to-peer Insurance
Global AI in Auto Insurance Market - By Application
- Semiconductor and IC
- Discrete
- Optoelectronics
- Display Display
- MEMS
- Others
Global AI in Auto Insurance Market - By End-user Vertical
- Semiconductor & IC
- Flat Panel Display
Global AI in Auto Insurance Market - By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
- Asia Pacific (APAC)
- South Korea
- China
- India
- Australia
- Japan
- Rest of Asia Pacific
- Middle East and Africa (MEA)
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
- South America (SAM)
- Brazil
- Argentina
- Rest of SAM
Global AI in Auto Insurance Market – Key Companies
- ANT Financial Services Group
- CCC Information Services Inc.
- Claim Genius
- Clearcover, Inc.
- GEICO Corporation
- ICICI Lombard
- Microsoft Corporation
- Nauto
- Progressive Casualty Insurance Company
- Solaria Labs.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global AI in Auto Insurance Market – By Offerings
1.3.2 Global AI in Auto Insurance Market – By Application
1.3.3 Global AI in Auto Insurance Market – By Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. AI in Auto Insurance - Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 Asia Pacific PEST Analysis
4.2.4 Middle East & Africa PEST Analysis
4.2.5 South America PEST Analysis
4.3 Ecosystem Analysis
5. AI in Auto Insurance Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Increasing number of successful artificial intelligence use cases in the auto insurance industry
5.1.2 Rising influx of innovative AI start-ups to boost the growth
5.2 Key Market Restraints
5.2.1 Privacy and data security concerns
5.2.2 Lack of cloud infrastructure and skilled manpower in developing countries
5.3 Key Market Opportunity
5.3.1 Growing preference for cloud-based AI solutions among businesses
5.4 Future Trend
5.4.1 Latest trends and applications of artificial intelligence to drive the future growth
5.5 Impact Analysis of Drivers and Restraints
6. AI in Auto Insurance Market– Global Analysis
6.1 Global AI in Auto Insurance Market Overview
6.2 Global AI in Auto Insurance Market Revenue and Forecasts To 2027 (US$ Mn)
6.3 Market Positioning- Top Five Players
7. AI in Auto Insurance Market – By Offerings
7.1 Overview
7.2 AI in Auto Insurance Market Breakdown, By Offerings, 2018 & 2027
7.3 Usage Based Insurance
7.3.1 Overview
7.3.2 Usage Based Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 On-Demand Insurance
7.4.1 Overview
7.4.2 On-Demand Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Peer-to-peer Insurance
7.5.1 Overview
7.5.2 Peer-to-peer Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
8. AI in Auto Insurance Market Analysis – By Application
8.1 Overview
8.2 AI in Auto Insurance Market Breakdown, By Application, 2018 & 2027
8.3 Claims Assessment
8.3.1 Overview
8.3.2 Claims Assessment Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Chatbots
8.4.1 Overview
8.4.2 Chatbots Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Policy Pricing
8.5.1 Overview
8.5.2 Policy Pricing Market Forecast and Analysis
9. AI in Auto Insurance Market – Geographical Analysis
9.1 Overview
9.2 North America AI in Auto Insurance Market Revenue and Forecasts to 2027
9.2.1 Overview
9.2.2 North America AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.2.3 North America AI in Auto Insurance Market Breakdown, by Offering
9.2.4 North America AI in Auto Insurance Market Breakdown, by Application
9.2.5 North America AI in Auto Insurance market Breakdown by Key Countries
9.2.5.1 US AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.2.5.1.1 US AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Offering
9.2.5.1.2 US AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Application
9.2.5.2 Canada AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.2.5.2.1 Canada AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Offering
9.2.5.2.2 Canada AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Application
9.2.5.3 Mexico AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.2.5.3.1 Mexico AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Offering
9.2.5.3.2 Mexico AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Application
9.3 Europe AI in Auto Insurance Market Revenue and Forecasts to 2027
9.3.1 Overview
9.3.2 Europe AI in auto insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.3.3 Europe AI in Auto Insurance Market Breakdown, by Offering
9.3.4 Europe AI in Auto Insurance Market Breakdown, by Application
9.3.5 Europe AI in Auto Insurance Market Breakdown by Key Countries
9.3.5.1 UK AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.3.5.1.1 UK AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Offering
9.3.5.1.2 UK AI in auto insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Application
9.3.5.2 Germany AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.3.5.2.1 Germany AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Offering
9.3.5.2.2 Germany AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Application
9.3.5.3 Italy AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.3.5.3.1 Italy AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Offering
9.3.5.3.2 Italy AI in auto insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Application
9.3.5.4 France AI in auto insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.3.5.4.1 France AI in auto insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Offering
9.3.5.4.2 France AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Application
9.3.5.5 Russia AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.3.5.5.1 Russia AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Offering
9.3.5.5.2 Russia AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Application
9.3.5.6 Rest of Europe AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.3.5.6.1 Rest of Europe AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Offering
9.3.5.6.2 Rest of Europe AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Application
9.4 Asia Pacific AI in Auto Insurance Market Revenue and Forecasts to 2027
9.4.1 Overview
9.4.2 Asia Pacific AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.4.3 Asia-Pacific AI in Auto Insurance Market Breakdown, by Offering
9.4.4 Asia-Pacific AI in Auto Insurance Market Breakdown, by Application
9.4.5 Asia Pacific AI in Auto Insurance Market Breakdown by Key Countries
9.4.5.1 Australia AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.4.5.1.1 Australia AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Offering
9.4.5.1.2 Australia AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Application
9.4.5.2 China AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.4.5.2.1 China AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Offering
9.4.5.2.2 China AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Application
9.4.5.3 India AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.4.5.3.1 India AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Offering
9.4.5.3.2 India AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Application
9.4.5.4 Japan AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.4.5.4.1 Japan AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Offering
9.4.5.4.2 Japan AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Application
9.4.5.5 South Korea AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.4.5.5.1 South Korea AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Offering
9.4.5.5.2 South Korea AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Application
9.4.5.6 Rest of APAC AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.4.5.6.1 Rest of APAC AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Offering
9.4.5.6.2 Rest of APAC AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Application
9.5 Middle East & Africa AI in Auto Insurance Market Revenue and Forecasts to 2027
9.5.1 Overview
9.5.2 Middle East & Africa AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.5.3 Middle East & Africa AI in Auto Insurance Market Breakdown, by Offering
9.5.4 Middle East & Africa AI in Auto Insurance Market Breakdown, by Application
9.5.5 Middle East & Africa AI in Auto Insurance Market Breakdown by Key Countries
9.5.5.1 South Africa AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.5.5.1.1 South Africa AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Offering
9.5.5.1.2 South Africa AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Application
9.5.5.2 Saudi Arabia AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.5.5.2.1 Saudi Arabia AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Offering
9.5.5.2.2 Saudi Arabia AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Application
9.5.5.3 UAE AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.5.5.3.1 UAE AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Offering
9.5.5.3.2 UAE AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Application
9.5.5.4 Rest of MEA AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.5.5.4.1 Rest of MEA AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Offering
9.5.5.4.2 Rest of MEA AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Application
9.6 South America AI in Auto Insurance Market Revenue and Forecasts to 2027
9.6.1 Overview
9.6.2 South America AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.6.3 South America AI in Auto Insurance Market Breakdown, by Offering
9.6.4 South America AI in Auto Insurance Market Breakdown, by Application
9.6.5 South America AI in Auto Insurance Market Breakdown by Key Countries
9.6.5.1 Brazil AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.6.5.1.1 Brazil AI in auto insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Offering
9.6.5.1.2 Brazil AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Application
9.6.5.2 Argentina AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.6.5.2.1 Argentina AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Offering
9.6.5.2.2 Argentina AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Application
9.6.5.3 Rest of SAM AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
9.6.5.3.1 Rest of SAM AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Offering
9.6.5.3.2 Rest of SAM AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn), by Application
10. Industry Landscape
10.1 Market Initiative, Strategy Planning, Product Development Strategies
11. Company Profiles
11.1 Ant Financial Services Group Co., Ltd.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 CCC Information Services Inc.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Claim Genius Inc.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Clearcover, Inc.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Microsoft Corporation
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 GEICO
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 ICICI Lombard General Insurance Company Limited
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Nauto, Inc.
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Solaria Labs (Liberty Mutual Insurance)
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview –Liberty Mutual Holding Company, Inc.
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 The Progressive Corporation
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary
LIST OF TABLES
Table 1. Global AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. North America AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 3. North America AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 4. US AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 5. US AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 6. Canada AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 7. Canada AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 8. Mexico AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 9. Mexico AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 10. Europe AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 11. Europe AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 12. UK AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 13. UK AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 14. Germany AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 15. Germany AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 16. Italy AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 17. Italy AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 18. France AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 19. France AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 20. Russia AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 21. Russia AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 22. Rest of Europe AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 23. Rest of Europe AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 24. Asia-Pacific AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 25. Asia-Pacific AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 26. Australia AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 27. Australia AI in Auto Insurance Market Revenue and Forecasts to 2027 – By policy type (US$ Mn)
Table 28. China AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 29. China AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 30. India AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 31. India AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 32. Japan AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 33. Japan AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 34. South Korea AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 35. South Korea AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 36. Rest of APAC AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 37. Rest of APAC AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 38. Middle East & Africa AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 39. Middle East & Africa AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 40. South Africa AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 41. South Africa AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 42. Saudi Arabia AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 43. Saudi Arabia AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 44. UAE AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 45. UAE AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 46. Rest of MEA AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 47. Rest of MEA AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 48. South America (SAM) AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 49. South America AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 50. Brazil AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 51. Brazil AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 52. Argentina AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 53. Argentina AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 54. Rest of SAM AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)
Table 55. Rest of SAM AI in Auto Insurance Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 56. Glossary of Terms, AI in Auto Insurance Market
LIST OF FIGURES
Figure 1. Global AI in Auto Insurance Market Segmentation
Figure 2. Global AI in Auto Insurance Market Segmentation – By Region
Figure 3. Global AI in Auto Insurance Market Overview
Figure 4. Global AI in Auto Insurance Market, By Offerings ($Mn)
Figure 5. Global AI in Auto Insurance Market, By Application ($Mn)
Figure 6. Global AI in Auto Insurance Market, By Geography ($Mn)
Figure 7. North America PEST Analysis
Figure 8. Europe PEST Analysis
Figure 9. Asia Pacific PEST Analysis
Figure 10. Middle East & Africa PEST Analysis
Figure 11. South America PEST Analysis
Figure 12. Ecosystem Analysis of AI in Auto Insurance Market
Figure 13. Global AI in Auto Insurance Market Impact Analysis of Drivers and Restraints
Figure 14. Global AI in Auto Insurance Market
Figure 15. Global AI in Auto Insurance Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 16. AI in Auto Insurance Market Breakdown, By Offerings, 2018 & 2027 (%)
Figure 17. Global Usage Based Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 18. Global On-Demand Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. Global Peer-to-peer Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 20. AI in Auto Insurance Market Breakdown, By Application, 2018 & 2027 (%)
Figure 21. Global Claims Assessment Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 22. Global Chatbots Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 23. Global Policy Pricing Market Revenue And Forecasts To 2027(US$ Mn)
Figure 24. Global AI in auto insurance market, Global Breakdown by Regions, 2018 & 2027 (%)
Figure 25. North America AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 26. North America AI in Auto Insurance Market Breakdown by Offering, 2018 & 2027 (%)
Figure 27. North America AI in auto insurance market Breakdown by Application, 2018 & 2027 (%)
Figure 28. North America AI in Auto Insurance Market Breakdown by Key Countries, 2018 & 2027 (%)
Figure 29. US AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 30. Canada AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 31. Mexico AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 32. Europe AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 33. Europe AI in Auto Insurance Market Breakdown, by Offering, 2018 & 2027 (%)
Figure 34. Europe AI in Auto Insurance Market Breakdown, by Application, 2018 & 2027 (%)
Figure 35. Europe AI in Auto Insurance Market Breakdown by Key Countries, 2018 & 2027 (%)
Figure 36. UK AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 37. Germany AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 38. Italy AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 39. France AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 40. Russia AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 41. Rest of Europe AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 42. Asia Pacific AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 43. Asia-Pacific AI in Auto Insurance Market Breakdown by Offering, 2018 & 2027 (%)
Figure 44. Asia-Pacific AI in Auto Insurance Market Breakdown by Application, 2018 & 2027 (%)
Figure 45. Asia Pacific AI in Auto Insurance Market Breakdown by Key Countries, 2018 & 2027 (%)
Figure 46. Australia AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 47. China AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 48. India AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 49. japan AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 50. South Korea AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 51. Rest of APAC AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 52. Middle East & Africa AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 53. Middle East & Africa AI in Auto Insurance Market Breakdown by Offering, 2018 & 2027 (%)
Figure 54. Middle East & Africa AI in Auto Insurance Market Breakdown by Application, 2018 & 2027 (%)
Figure 55. Middle East & Africa AI in Auto Insurance Market Breakdown by Key Countries, 2018 & 2027 (%)
Figure 56. South Africa AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 57. Saudi Arabia AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 58. UAE AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 59. Rest of MEA AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 60. South America AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 61. South America AI in Auto Insurance Market Breakdown by Offering, 2018 & 2027 (%)
Figure 62. South America AI in Auto Insurance Market Breakdown by Application, 2018 & 2027 (%)
Figure 63. South America AI in Auto Insurance Market Breakdown by Key Countries, 2018 & 2027 (%)
Figure 64. brazil AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 65. Argentina AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 66. Rest of SAM AI in Auto Insurance Market Revenue and Forecasts to 2027 (US$ Mn)
The List of Companies
- ANT Financial Services Group
- CCC Information Services Inc.
- Claim Genius
- Clearcover, Inc.
- GEICO Corporation
- ICICI Lombard
- Microsoft Corporation
- Nauto
- Progressive Casualty Insurance Company
- Solaria Labs.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global AI in auto insurance market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global AI in auto insurance market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.