Global Insurance Aggregators Market Overview
According to SPER Market Research, the Global Insurance Aggregators Market is estimated to reach USD 149.37 billion by 2032 with a CAGR of 21.44%.
To enhance business operations, an insurance aggregator uses tracking and client behavioural analysis. Additionally, it provides a straightforward price comparison tool paid for either advertisements or listing fees. Additionally, in the lead generation model, aggregators create leads and sell them to brokers or product providers, which aids in educating the public and informing them of the various insurance products. The market for insurance aggregators is expanding as a result of a rise in aggregators and digital brokers as well as an increase in internet usage. Additionally, the market for insurance aggregators is expanding favourably as a result of the rise of digital influence. However, the lack of client awareness and a competent workforce are impeding the growth of the insurance aggregators business. On the other hand, greater consumer awareness presents a lucrative opportunity for the growth of the insurance aggregators market throughout the course of the projection period.
Impact of COVID-19 on the Global Insurance Aggregators Market
Due to consumers' increased preference for digital insurance solutions and their increasing need for insurance aggregator services that can be accessed through their smartphones and laptops as a result of their increased concern over the spread of the virus and social isolation, the COVID-19 outbreak had a positive effect on the market for insurance aggregators.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2032 |
Base year considered | 2021 |
Forecast period | 2022-2032 |
Segments covered | By Enterprise Size, By Insurance Type, By Distribution.
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Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
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Companies Covered | Small Umbrella Insurance Brokers, Compare Policy Insurance Web Aggregators Pvt Ltd., Insurance Zebra, Gabi, CHECK24 Comparison Portal GmbH Munich, VERIVOX, Moneysupermarket.com Ltd, Insurify, Inc., Huize Holding Ltd, Ping An Insurance.
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Global Insurance Aggregators Market Segmentation:
1. By Enterprise Size:
- Large Enterprise
- Small & Medium Enterprises (SMEs)
2. By Insurance Type:
- Life Insurance
- Automotive Insurance
- Health Insurance
- Other
3. By Enterprise Size:
- Lead Generators
- Call-Center Agencies
- Call-Center Agencies
- Digital Agencies
4. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Insurance Aggregators Market (FY’2019-FY’2032)
- Overview of Global Insurance Aggregators Market
- Segmentation of Global Insurance Aggregators Market By Enterprise Size {Large Enterprise, Small & Medium Enterprises (SMEs)}
- Segmentation of Global Insurance Aggregators Market By Insurance Type (Life Insurance, Automotive Insurance, Health Insurance, Other)
- Segmentation of Global Insurance Aggregators Market By Distribution (Lead Generators, Call-Center Agencies, Digital Agencies)
- Statistical Snap of Global Insurance Aggregators Market
- Growth Analysis of Global Insurance Aggregators Market
- Problems and Challenges in Global Insurance Aggregators Market
- Competitive Landscape in the Global Insurance Aggregators Market
- Impact of COVID-19 and Demonetization on Global Insurance Aggregators Market
- Details on Recent Investment in Global Insurance Aggregators Market
- Competitive Analysis of Global Insurance Aggregators Market
- Major Players in the Global Insurance Aggregators Market
- SWOT Analysis of Global Insurance Aggregators Market
- Global Insurance Aggregators Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Insurance Aggregators Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Insurance Aggregators Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Insurance Aggregators Market
7. Global Insurance Aggregators Market, By Enterprise Size, 2019-2032 (USD Million)
7.1 Large Enterprise
7.2 Small & Medium Enterprises (SMEs)
8. Global Insurance Aggregators Market, By Insurance Type, 2019-2032 (USD Million)
8.1 Life Insurance
8.2 Automotive Insurance
8.3 Health Insurance
8.4 Other
9. Global Insurance Aggregators Market, By Enterprise Size, 2019-2032 (USD Million)
9.1 Lead Generators
9.2 Call-Center Agencies
9.3 Call-Center Agencies
9.4 Digital Agencies
10. Global Commercial Washing M Market, By Region, 2019-2032 (USD Million)
10.1 Global Insurance Aggregators Market and Market Share by Region (2019-2025)
10.2 Global Insurance Aggregators Market and Market Share by Region (2026-2032)
10.3 Asia-Pacific
10.3.1 Australia
10.3.2 China
10.3.3 India
10.3.4 Japan
10.3.5 South Korea
10.3.6 Rest of Asia-Pacific
10.4 Europe
10.4.1 France
10.4.2 Germany
10.4.3 Italy
10.4.4 Spain
10.4.5 United Kingdom
10.4.6 Rest of Europe
10.5 Middle East and Africa
10.5.1 Kingdom of Saudi Arabia
10.5.2 United Arab Emirates
10.5.3 Rest of Middle East & Africa
10.6 North America
10.6.1 Canada
10.6.2 Mexico
10.6.3 United States
10.7 Latin America
10.7.1 Argentina
10.7.2 Brazil
10.7.3 Rest of Latin America
11. Company Profiles
11.1 CHECK24 Comparison Portal GmbH Munich
11.1.1 Company details
11.1.2 Financial outlook
11.1.3 Product summary
11.1.4 Recent developments
11.2 Compare Policy Insurance Web Aggregators Pvt Ltd
11.2.1 Company details
11.2.2 Financial outlook
11.2.3 Product summary
11.2.4 Recent developments
11.3 Huize Holding Ltd
11.3.1 Company details
11.3.2 Financial outlook
11.3.3 Product summary
11.3.4 Recent developments
11.4 Insurance Zebra, Gabi
11.4.1 Company details
11.4.2 Financial outlook
11.4.3 Product summary
11.4.4 Recent developments
11.5 Insurify Inc.
11.5.1 Company details
11.5.2 Financial outlook
11.5.3 Product summary
11.5.4 Recent developments
11.6 Moneysupermarket.com Ltd
11.6.1 Company details
11.6.2 Financial outlook
11.6.3 Product summary
11.6.4 Recent developments
11.7 Ping An Insurance
11.7.1 Company details
11.7.2 Financial outlook
11.7.3 Product summary
11.7.4 Recent developments
11.8 Small Umbrella Insurance Brokers
11.8.1 Company details
11.8.2 Financial outlook
11.8.3 Product summary
11.8.4 Recent developments
11.9 VERIVOX
11.9.1 Company details
11.9.2 Financial outlook
11.9.3 Product summary
11.9.4 Recent developments
12.List of Abbreviations
13.Reference Links
14.Conclusion
15.Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.