Artificial Intelligence In Insurtech Market
Artificial Intelligence In Insurtech Market Scope: Industry Analysis, Market Size, Growth, Trends Till
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Artificial Intelligence In Insurtech Market Size and Growth
The Artificial Intelligence in Insurtech market is experiencing significant growth, driven by technological advancements and increasing demand for automation. The market size reached approximately $1.5 billion in 2023, with projections to surpass $6 billion by 2030. Key areas include risk assessment, claims processing, and customer service optimization, enhancing operational efficiency. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Cognizant
◍ Next IT Corp
◍ Kasisto
◍ Cape Analytics Inc.
◍ Microsoft
◍ Salesforce
◍ Amazon Web Services
◍ Lemonade
◍ Lexalytics
◍ H2O.ai
The Artificial Intelligence in Insurtech market features key players like Cognizant, Microsoft, and Lemonade leveraging AI for underwriting, claims processing, personalized services, and fraud detection. Companies like Google and Amazon Web Services provide cloudbased capabilities, enhancing scalability. Together, they drive innovation and efficiency, boosting market growth.
Key Revenues:
- Cognizant: $19.4 billion
- Microsoft: $198 billion
- Amazon Web Services: $80 billion Request Sample Report
Market Segmentation
By Application
Automotive
Healthcare
Information Technology
Others
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By Product
Service
Product
Market Growth
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$ X Billion USD
