Blockchain spend in insurance industry in Australia has increased at 108.2% during 2018 to reach US$ 16.7 million. Over the forecast period (2019-2025), spend on blockchain is expected to record a CAGR of 40.5%, increasing from US$ 30.9 million in 2019 to reach US$ 333.5 million by 2025.
This business intelligence report aims to analyze market opportunities and risks in adoption of blockchain technology in insurance industry in Australia. 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 Australia 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
Market Size / Spending by Type of Blockchain in Insurance Industry, 2016-2025
Market Size / Spending by Technology Domain in Insurance Industry, 2016-2025
Reason to Buy
This business intelligence report aims to analyze market opportunities and risks in adoption of blockchain technology in insurance industry in Australia. 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 Australia 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?
Table of Contents
1 About this Report
2 Australia Blockchain Spending Snapshot and Future Growth Dynamics
3 Blockchain Spending Analysis in Insurance Industry in Australia