Blockchain in the United States Insurance Industry to 2025 - Spend on Blockchain is Expected to Record a CAGR of 40% - ResearchAndMarkets.com - Insurance News | InsuranceNewsNet

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March 28, 2019 Newswires
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Blockchain in the United States Insurance Industry to 2025 – Spend on Blockchain is Expected to Record a CAGR of 40% – ResearchAndMarkets.com

Business Wire

DUBLIN--(BUSINESS WIRE)-- The "United States Blockchain in Insurance Industry Databook Series (2016-2025) - Blockchain in 15 Countries with 14+ KPIs, Market Size and Forecast Across 7+ Application Segments, Type of Blockchain, and Technology" report has been added to ResearchAndMarkets.com's offering.

Blockchain spend in insurance industry in United States has increased at 110.4% during 2018 to reach US$ 176.6 million. Over the forecast period (2019-2025), spend on blockchain is expected to record a CAGR of 40%, increasing from US$ 329.8 million in 2019 to reach US$ 3,483.6 million by 2025.

This business intelligence report aims to analyze market opportunities and risks in adoption of blockchain technology in insurance industry in United States. This is a data centric report, consisting of 23 charts and 15 tables, providing detailed understanding of market dynamics through 14 KPIs. This report covers country level market size/spending forecast on blockchain technology (2016-2025) by applications across insurance industry's value chain, type of blockchain, and technology.

Report Scope

This research report provides in-depth analysis, covering blockchain specific market opportunities and risks in United States for 10 years (2016-2025). Below is the taxonomy covering detailed scope of coverage.

Market Size/Spending by Blockchain Application in Insurance Industry, 2016-2025

  • Product Development and Distribution
  • Policy Administration and Operations
  • Claims Processing
  • Pricing/Underwriting
  • Risk Capital and Investment Management
  • Regulatory and Compliance
  • Payment and Collections

Market Size/Spending by Type of Blockchain in Insurance Industry, 2016-2025

  • Public
  • Private
  • Hybrid

Market Size/Spending by Technology Domain in Insurance Industry, 2016-2025

  • Application and Platform
  • Service
  • Hardware

Reason to Buy

  • How big is the opportunity for blockchain technology based products and services in insurance industry?
  • How much are leading players in insurance industry investing in blockchain based initiatives?
  • Which application areas are underserved in insurance industry and should be targeted to maximize ROI?

Key Topics Covered

1 About this Report

1.1 Methodology

2 United States Blockchain Spending Snapshot and Future Growth Dynamics

2.1 United States Blockchain Market Size by Value, 2016-2025

2.2 United States Blockchain Spend Market Share Analysis by Key Industries

2.3 United States Blockchain Spend Market Share Analysis by Technology Domain

2.4 Spending in United States by Type of Blockchain

2.5 Benchmarking Blockchain Spending in United States with Other Countries

3 Blockchain Spending Analysis in Insurance Industry in United States

3.1 Blockchain Spending Analysis in Insurance Industry, 2016-2025

3.2 Blockchain Spending Analysis in Insurance Industry by Application, 2016-2025

3.2.1 Spend Analysis on Product Development and Distribution in Insurance Industry

3.2.2 Spend Analysis on Policy Administration and Operations in Insurance Industry

3.2.3 Spend Analysis on Claims Processing in Insurance Industry

3.2.4 Spend Analysis on Pricing/Underwriting in Insurance Industry

3.2.5 Spend Analysis on Risk Capital and Investment Management in Insurance Industry

3.2.6 Spend Analysis on Regulatory and Compliance in Insurance Industry

3.2.7 Spend Analysis on Payment and Collections in Insurance Industry

3.3 Blockchain Spending Analysis in Insurance Industry by Type of Blockchain, 2016-2025

3.3.1 Spend Analysis on Public Blockchain in Insurance Industry

3.3.2 Spend Analysis on Private Blockchain in Insurance Industry

3.3.3 Spend Analysis on Hybrid/Consortium Blockchain in Insurance Industry

3.4 Blockchain Spending Analysis in Insurance Industry by Technology Domain, 2016-2025

3.4.1 Spend Analysis on Software Development in Insurance Industry

3.4.2 Spend Analysis on Technology Services in Insurance Industry

3.4.3 Spend Analysis on Hardware in Insurance Industry

For more information about this report visit https://www.researchandmarkets.com/r/lztd4z

View source version on businesswire.com: https://www.businesswire.com/news/home/20190328005878/en/

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

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Related Topics: Bitcoin

Source: Research and Markets

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