How big is the Embedded Insurance Market?

The Embedded Insurance Market size is expected to reach USD 156.06 billion in 2024 and grow at a CAGR of 35.14% to reach USD 703.44 billion by 2029. Read More

What is the current Embedded Insurance Market size?

In 2024, the Embedded Insurance Market size is expected to reach USD 156.06 billion. Read More

Who are the key players in Embedded Insurance Market?

Lemonade, Metromile, Slice, Hippo and Root Insurance are the major companies operating in the Embedded Insurance Market. Read More

Which is the fastest growing region in Embedded Insurance Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Embedded Insurance Market?

In 2024, the Asia accounts for the largest market share in Embedded Insurance Market. Read More

What years does this Embedded Insurance Market cover, and what was the market size in 2023?

In 2023, the Embedded Insurance Market size was estimated at USD 101.22 billion. The report covers the Embedded Insurance Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Embedded Insurance Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Embedded Insurance Market Size & Share Analysis - Industry Research Report

Embedded Insurance Market Size & Share Analysis - Growth Trends & Forecast (2024-2029)

The Embedded Insurance Market Report is Segmented by Insurance Line (Electronics, Furniture, Sports Equipment, Travel Insurance, Others), By Channel (Online, Offline), And by Geography (North America, Europe, Asia-pacific, Latin America, Middle East & Africa). The Report Offers Market Size and Forecasts for the Embedded Insurance Market Regarding Revenue (USD) for all the Above Segments.

Embedded Insurance Industry Overview

The embedded insurance market is moderately consolidated, with few players. Some major global players include Lemonade, Metromile, Slice, Hippo, and Root Insurance. In the study period, market players were also involved in mergers and acquisitions, and partnerships focused on expanding their presence in the market. The market is anticipated to present growth opportunities over the forecast period, which will ratchet up competition. Nonetheless, mid-size to smaller businesses are expanding their market presence by landing new contracts and breaking into untapped sectors thanks to product innovation and technology improvement.