Global Logistics Insurance Market Projections, SWOT Analysis, Risk Analysis, Trends and Forecast by 2025
OrbisResearch.com has published new research report on “Logistics Insurance Market Analysis By Industry (Transportation, Marine, Aviation),By Country (U.S., Canada, UK, Germany, China, India, Japan, Brazil, Mexico, Middle East and Africa) And Segment Forecasts, 2014-2025” to its database.
Dallas, United States – May 12, 2017 /MarketersMedia/ —
The global logistics insurance market is anticipated to reach USD 61.55 billion by 2025, according to a new report by Grand View Research, Inc. The increasing foreign direct investment, establishment of free trade zones, and increasing globalization has resulted in the rapid growth of the transportation industry in the emerging countries. The logistics hubs and trade routes are gradually shifting toward the emerging market. Privatization of the transportation industry has further spurred the industry growth in China, Turkey, and India.
The adoption of digital technologies enables the company to tap new opportunities for additional premiums, better risk selection, increasing governance, and improved customer experience. Insurers across the globe are implementing newer technologies and adopting cloud- and mobile-based technologies to tap the growing demand in the emerging markets. Through various distribution channels, the insurance companies are modernizing the legacy applications.
The insurance companies are implementing mobility as a part of the business strategy, owing to the increasing usage of smartphones in both developed and emerging markets. Customers can easily request a policy quote, calculate premium, locate insurance agent, and store the policy data with the advent of the mobile apps.
Request a sample of the report: http://www.orbisresearch.com/contacts/request-sample/204508
The insurance industry comprises of structured and unstructured data. Big data analytics plays a vital role in the insurance industry that delivers significant Return on Investment (ROI) and cost savings. The rise in digital integration and digital customer relationship management is likely to spur the market demand over the forecast period.
Further key findings from the report suggest:
The increasing adoption of cloud- and mobile-based technologies to improve the customer experience
The transportation industry is anticipated to witness a significant growth with a CAGR of over 3.5% over the projected period
The maritime industry is anticipated to dominate the market in terms of revenue
The Asia Pacific region is anticipated to dominate the market in terms of growth rate over the forecast period
The rising financial asset and real estate values in the region are enabling the companies to have a higher premium volume
The market posesa rising competition that enable insurers to invest more in technological advancement to enhance the customer experience
The key players in the logistics insurance market include Integrity Transportation Insurance (U.S.), Liberty Mutual Insurance (U.S.), Peoples Insurance Agency (U.S.)
Buy the report@http://www.orbisresearch.com/contact/purchase/204508
Major Points From The Table Of Contents:
Chapter One: Methodology and Scope
Chapter Two: Executive Summary
Chapter Three: Market Snapshot
Chapter Four: Industry Outlook
Chapter Five: Logistics InsuranceIndustry Outlook
Chapter Six: Logistics Insurance Regional Outlook
Chapter Seven: Competitive Landscape
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Contact Info:
Name: Hector Costello
Email: sales@orbisresearch.com
Organization: Orbis Research
Address: 4144N Central Expressway, Suite 600, Dallas, Texas – 75204, U.S.A.
Phone: +1 (214) 884-6817
For more information, please visit http://www.orbisresearch.com/reports/index/logistics-insurance-market-analysis-by-industry-transportation-marine-aviationby-country-us-canada-uk-germany-china-india-japan-brazil-mexico-middle-east-and-africa-and-segment-forecasts-2014-2025
Source: MarketersMedia
Release ID: 198891
Copyright © 1999-2013 SproutNews.com
