Market research & Consulting- NewAge

  Personalized product offerings, improved communication with clients, and reduced cost of policies are expected to drive the growth of the global insurtech market.  According to TechSci Research report,  “ Global  Insurtech Market  By Technology, By Deployment Mode, By Insurance Type, By Region, Competition, Forecast & Opportunities, 2024 ” , the global insurtech market is a multi-billion dollar market and is expected to register significant CAGR during the forecast period on account of the growing influence of digitization. The Important Factors of Insurtech Market The insurance industry is currently facing the challenge of managing a large amount of data, therefore, there is an urgent need for adopting digital technologies which not only help to optimize the work and price of the target product but also help to monitor data. Browse market data Tables and Figures spread through Pages and  an in-depth TOC on  " Global  Insurtech Mar...

  The global   plastic cards market   is expected to grow at a steady CAGR during the forecast period. The global plastic cards market is driven by the increasing use of plastic cards in banks and SIM cards coupled with the high acceptance of cashless payment options. Growing development in the gift card application is also expected to bolster the growth of the market over the next few years. World’s population is growing at an alarming rate along with rising spending power and per-capita income among individuals which is positively influencing the market growth through 2027. The Important Factors of the Plastic Cards Market The global plastic cards market is segmented based on type, technology, application, company, and region. Based on technology, the market has been segmented into chip-enabled cards, regular cards, and smart cards. The chip-enabled cards segment dominated the market until 2021 and is anticipated to maintain its dominance over the next five years a...

  The   United States property & casualty insurance market   is expected to witness substantial CAGR during the forecast period. Double-digit premium growth, lower catastrophe losses, and an improved auto market are some key contributing factors to the growth in the U.S. property and casualty insurance market. Insurers are using big data analytics to enhance their performance. Big data is being used in claim management, pricing, underwriting, and risk selection, among others. This growth is mainly driven by increasing points of contact including social media, which provides a bulk of data that can be transformed into insights and leveraged by insurers to efficiently execute the settlement process. The Important Aspects of the United States Property & Casualty Insurance Market The property & casualty insurance market supports US consumers and businesses by facilitating protection against damage caused by a variety of incidents including car accidents, medi...

  The shift in focus of companies to improve efficiency and lower costs and growing demand for cryptocurrencies are driving the growth of the Vietnam Fintech Market in the forecast period, 2022-2026.  According to TechSci Research report,  “ Vietnam Fintech Market  By Technology (API, AI, Blockchain, Distributed Computing, Others), By Service (Payment, Fund Transfer, Personal Finance, Loans, Insurance, Others), By Application (Banking, Insurance, Securities & Others), By Region, Competition Forecast & Opportunities, 2026 ” , the Vietnam Fintech market is expected to witness steady growth in the forecast period, 2022-2026. The Important Factors of the Vietnam Fintech Market The rise in the number of cyber-attacks that are impacting the organization adversely into financial losses is making organizations invest significantly in the adoption and development of Fintech technology. Fintech provides magnified security for the protection of financial data, which hel...

 The Global  Digital Banking Platform market  is projected to grow at a significant CAGR during the forecast period. The growing demand among banks to deliver enhanced customer experience, the increasing adoption of cloud-based platforms to obtain higher scalability, the rising adoption of smartphones and tablets as well as the increasing demand for streamlining business processes are some of the significant factors contributing to the growth of the digital banking platforms market. Based on banking types, the retail banking segment is expected to be the largest contributor to the digital banking platforms market during the forecast period. The Important Factors of the Digital Banking Platform Market Based on banking types, the digital banking platforms market is classified into retail banking and corporate banking. Retail banking has emerged as an essential enabler in the market in translating banking models across the globe. Based on banking modes, the mobile banking se...

  Rising awareness among investors about cryptocurrency is expected to drive the growth of the Asia Pacific cryptocurrency market.  According to TechSci Research report,  “ Asia Pacific Cryptocurrency Market By Offering (Hardware & Software), By Process (Mining & Transaction), By Type (Bitcoin, Ethereum, Bitcoin Cash, Ripple, Dashcoin, Litecoin, Others), By End User (Banking, Real Estate, Stock Market & Virtual Currency), By Country, Competition, Forecast & Opportunities, 2025 ” , Asia Pacific cryptocurrency market is expected to witness a formidable CAGR during the forecast period. The Important Elements of the Asia Pacific Cryptocurrency Market The growing requirement for transparency is one of the major factors accounting for the growth of the Asia Pacific cryptocurrency market. In the context of cryptocurrency, once the data transaction’s information has been written on a blockchain, it enters the distributed ledger and there can be no altera...

  Rising demand for contactless payments, increased adoption of IoT devices, accelerating economic relief projects, and investments in the FinTech industry to drive the global FinTech market through 2026.  According to TechSci Research report,  “Global FinTech Market By Technology (API; AI; Blockchain; Distributed Computing, Others), By Service (Payment; Fund Transfer; Personal Finance; Loans; Insurance; Others), By Application (Banking; Insurance; Securities & Others), By Region, Competition, Forecast & Opportunities, 2026” , Global FinTech Market was valued USD7301.78 billion in 2020 and is expected to grow at a CAGR of 26.87% during the forecast period on account of the increasing popularity of digital payments, the increasing investments in AI, machine learning, blockchain, and big data due to its high efficiency to deliver cost-effective services and supporting government initiatives across the globe. The Important Elements of the FinTech Market Rising i...

  The emerging trend of fintech in small and medium-sized enterprises to analyze information and data is driving the demand for the UAE fintech market in the forecast period, 2023-2027.  According to TechSci Research report,  “ UAE Fintech Market By Region, Competition Forecast & Opportunities, 2027 ”,  the UAE fintech market is expected to witness an impressive CAGR in the forecast period, 2023-2027. Fintech refers to using technology and innovation to offer financial services through internet-based platforms. The Important Aspects of the UAE Fintech Market Organizations in this market provide end-to-end financial services and solutions to automate transaction processes over the internet. End-user organizations widely adopt it on the back end to automate insurance, risk management, trading, and banking services. Escalating demand for online financing among consumers and the rise in usage of novel technologies in the existing business operation of banks & fin...

  The growing FinTech industry and the presence of a tech-savvy youth population are driving the growth of Saudi Arabia Islamic Finance Market in the forecast period, 2022-2027.  According to TechSci Research report,  “ Saudi Arabia Islamic Finance Market  By Financial Sector (Islamic Banking, Islamic Insurance, Sukuk Outstanding, Others), By Region, Competition Forecast & Opportunities, 2027 ” , the Saudi Arabia Islamic Finance market is expected to witness a growth of double-digit CAGR during the forecast period, 2022-2027. Rising government Sukuk insurance and full support by the leading authorities to boost foreign investment in the country by providing easy entry rules and strengthening capital markets are the major market-driving factors in the forecast period. The Important Elements of Saudi Arabia Islamic Finance Market Strong investments in the development of the Halal sector and infrastructure and Sukuk bonds through the electronic modes in all products...