AI in Auto Insurance Market By Manufacturers, By Product Type (Software, Services), By Application (Commercial, Non-commercial), and By Regions (North America, Europe, Middle East and Africa, Latin America and Asia Pacific) - Global Outlook to 2026
Report ID: 391269 | Feb 2020 | No. of Pages: 120 |
Covid-19 Impact Analysis & Forecast
Global AI in Auto Insurance Market is valued USD 1.21 Billion in 2019 and is projected is to exhibit 21.3% CAGR during the forecast period. The market is projected to be around USD 4.68 Billion by 2026. The market is driven by the growing adoption of AI in most of the industries.

AI in Auto Insurance is a thriving and innovative industry that offers environmentally conscience airflow solutions. The extraction of smoke and heat build-up in a building can usually be a difficult task to overcome. However, the composition of AI in Auto Insurance systems can provide a simple ventilation system that meets with building regulations, by fitting a window with a mechanical actuator linked to smoke and heat-detecting system, the window will open and close automatically when smoke or excess heat are detected, reverting the building to tenable conditions for its residents.
AI in Auto Insurance Market Dynamics
Growing adoption of AI in most of the industries, AI has significantly found its way in the automotive sector. Artificial intelligence allows the car insurance industry to efficiently offer services to its consumers that are looking for faster payouts, faster services, and customized policy prices. The AI in the auto insurance market enables the insurance companies to reach out to its customers at the right time, offers the right set of products, and faster the claim process.
Additionally, the features like the uninterrupted flow of business information, automated claim support, interactive power of insurance chatbots, predictive analytics, and others are creating a significant demand for Artificial intelligence in the auto insurance market.
AI in Auto Insurance Market Insight
In Europe, Germany dominates the AI in the auto insurance market. Germany is one of the leading producers of automobiles in the world. Also, many major car manufacturing industries are locating in Germany including Volkswagen, BMW AG, Audi, and others. Furthermore, privacy concerns make consumers cautious about sharing data. Major IT hubs housed in the European continents, and the huge automotive industry in Germany spread across the European continent.
AI in Auto Insurance Market Segmentation
The global AI in Auto Insurance Market is segmented into product type, application, and region. On the basis of the product type the market is divided into software, services. Based on application the market is segmented into commercial, non-commercial. And based on the geography the market is further segregated into North America, Latin America, Europe and Asia Pacific.
AI in Auto Insurance Market Competitive Landscape
The key players in AI in Auto Insurance Market are listed as Ant Financial Services Group, CCC Information Services Inc., CLAIM GENIUS INC., Clearcover, Inc., Microsofr Corporation, GEICO, ICICI, Nauto, Solaria, The Progressive Corporation, and Other.
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
Chapter 4. Market Outlook
4.1. Market Dynamics
4.1.1. Market Drivers
4.1.2. Market Restraints
4.1.3. Market Opportunities
4.2. Porter’s Analysis
4.3. Value Chain Analysis
Chapter 5. AI in Auto Insurance Market, By Product Type
5.1. AI in Auto Insurance Market, By Product Type, 2018-2026
5.2. Software
5.3. Services
Chapter 6. AI in Auto Insurance Market, By Application
6.1. AI in Auto Insurance Market, by Application, 2018-2026
6.2. Commercial
6.3. Non-commercial
Chapter 7. AI in Auto Insurance Market, By Region
7.1. AI in Auto Insurance Market, by Region, 2018-2026
7.1.1. North America
7.1.1.1. U.S
7.1.1.2. Rest of North America
7.1.2. Europe
7.1.2.1. U.K.
7.1.2.2. Germany
7.1.2.3. France
7.1.2.4. Rest of the Europe
7.1.3. Middle East & Africa (MEA)
7.1.3.1. GCC
7.1.3.2. North Africa
7.1.3.3. South Africa
7.1.3.4. Rest of MEA
7.1.4. Latin America (LATAM)
7.1.4.1. Brazil
7.1.4.2. Rest of LATAM
7.1.5. Asia Pacific (APAC)
7.1.5.1. India
7.1.5.2. China
7.1.5.3. Japan
7.1.5.4. Rest of the APAC
Chapter 8. Competitive Landscape
8.1.1. Key Strategies Adopted by Players
8.1.2. Market Share/Positioning Analysis
Chapter 9. Company Profiles
9.1. Ant Financial Services Group
9.1.1. Company Overview
9.1.2. Product Offerings
9.1.3. Financial Performance
9.1.4. Recent Initiatives
9.2. CCC Information Services Inc.
9.2.1. Company Overview
9.2.2. Product Offerings
9.2.3. Financial Performance
9.2.4. Recent Initiatives
9.3. CLAIM GENIUS INC.
9.3.1. Company Overview
9.3.2. Product Offerings
9.3.3. Financial Performance
9.3.4. Recent Initiatives
9.4. Clearcover, Inc.
9.4.1. Company Overview
9.4.2. Product Offerings
9.4.3. Financial Performance
9.4.4. Recent Initiatives
9.5 Microsofr Corporation
9.5.1. Company Overview
9.5.2. Product Offerings
9.5.3. Financial Performance
9.5.4. Recent Initiatives
9.6. GEICO
9.6.1. Company Overview
9.6.2. Product Offerings
9.6.3. Financial Performance
9.6.4. Recent Initiatives
9.7. ICICI
9.7.1. Company Overview
9.7.2. Product Offerings
9.7.3. Financial Performance
9.7.4. Recent Initiatives
9.8. Nauto
9.8.1. Company Overview
9.8.2. Product Offerings
9.8.3. Financial Performance
9.8.4. Recent Initiatives
9.9. Solaria
9.9.1. Company Overview
9.9.2. Product Offerings
9.9.3. Financial Performance
9.9.4. Recent Initiatives
9.10. The Progressive Corporation
9.10.1. Company Overview
9.10.2. Product Offerings
9.10.3. Financial Performance
9.10.4. Recent Initiatives
9.12. List of other companies
9.12.1. Company Overview
9.12.2. Product Offerings
9.12.3. Financial Performance
9.12.4. Recent Initiatives
Chapter 10. Appendix
10.1. About Us
10.2. Glossary of Terms
Ant Financial Services Group
CCC Information Services Inc.
CLAIM GENIUS INC.
Clearcover, Inc.
Microsofr Corporation
GEICO
ICICI
Nauto
Solaria
The Progressive Corporation
Other

1. This report provides in depth analysis for changing competitive dynamics and keeps you ahead of competitors
2. Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
3. It provides a forward looking perspective on different factors driving or restraining market growth
4. It provides an eight-year forecast assessed on the basis of how the market is expected to grow
5. It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of various market segment
6. Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Select License Type
USD $4250
USD $6250
Connect With Us

+1-707-633-0404


Covid-19 Impact Analysis on Rolling Stock Management Market By Key Manufacturers, By Type (Goods Carrier, Passenger Carrier), By Application (Railway, Infrastructure), By Maintenance (Predictive Maintenance, Corrective Maintenance, Preventive Maintenance), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Global Outlook to 2026
Publication Month: Nov 2020 | No. of Pages: 120
$4250
Buy Now
Covid-19 Impact Analysis on Automotive Robotics Market By Key Manufacturers, By Type (Articulated, Cartesian, SCARA, Others), By Application (Welding, Painting, Others) and By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Global Outlook to 2026
Publication Month: Nov 2020 | No. of Pages: 120
$4250
Buy Now
Covid-19 Impact Analysis on B2B Market Place Market By Key Manufacturers, By Type (Supplier-oriented, Buyer-oriented, Others), By Application (Home & Kitchen, Healthcare, Clothing, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Global Outlook to 2026
Publication Month: Nov 2020 | No. of Pages: 120
$4250
Buy Now
Covid-19 Impact Analysis on Subscription Management Market By Key Manufacturers, By Type (Software, Services), By Application (BFSI, Retail & e-commerce, IT, Telecom, Media & Entertainment, Public Sectors & Utility, Transportation & Logistics, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Global Outlook to 2026
Publication Month: Nov 2020 | No. of Pages: 120
$4250
Buy Now
Covid-19 Impact Analysis on Cloud Service Brokerage Market By Key Manufacturers, By Service (Integration, Sourcing & Procurement, Vendor Management, Governance & Control), By Application (BFSI, Retail & Agriculture, IT and Telecom, Education, Healthcare, Others), By Platform (Internal Cloud Storage, External Cloud Storage), By Deployment Mode (Public, Private, Hybrid), By Organization Size (Large Size Organization, Small & Medium Size Organization) and By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Global Outlook to 2026
Publication Month: Nov 2020 | No. of Pages: 120
$4250
Buy Now