글로벌 소액보험 시장 – 2029년까지의 산업 동향 및 예측

시장 분석 및 규모

소액보험은 공인 기관과 중개인이 파트너-대리인 모델, 올인원 보험 모델, 풀서비스 모델, 커뮤니티 기반 모델을 포함한 다양한 모델을 사용하여 관리할 수 있습니다. 소득과 저가치 자산에 대한 접근이 제한된 저소득 가구에 제공되는 안전을 소액보험이라고 합니다. 저렴한 보험료로 개인화된 플랜을 만들고 질병, 부상, 장애, 사망에 대한 보상을 제공함으로써 사회에서 재정적으로 약한 사람들을 돕습니다. 또한 동물, 화재, 작물과 관련된 다양한 재산 위험도 포함합니다. 예상치 못한 손실과 조직되지 않은 자금 투자자가 부과하는 과도한 이자율로부터 보안을 제공하는 것 외에도 수많은 소규모 금융 단위를 더 큰 조직으로 통합합니다.

Data Bridge Market Research는 2021년에 784억 달러였던 소액보험 시장이 2029년까지 1,317억 1,000만 달러로 급증할 것으로 분석했으며, 2022년부터 2029년까지의 예측 기간 동안 6.70%의 CAGR을 기록할 것으로 예상합니다. Data Bridge Market Research 팀이 큐레이팅한 시장 보고서에는 시장 가치, 성장률, 시장 세그먼트, 지리적 범위, 시장 참여자, 시장 시나리오와 같은 시장 통찰력 외에도 심층적인 전문가 분석, 환자 역학, 파이프라인 분석, 가격 분석, 규제 프레임워크가 포함되어 있습니다.

보고 범위 및 시장 세분화

Market Definition

Microinsurance products offer coverage to low-income households or to individuals who have little savings. It is tailored specifically for lower valued assets and compensation for illness, injury, or death. Like conventional insurance, microinsurance covers a wide range of hazards. Both health and property threats are included in this. These risks include, among others, crop insurance, livestock/cattle insurance, insurance against fire or theft, health insurance, term life insurance, insurance against death, insurance against disability, and insurance against natural catastrophes.

Microinsurance Market Dynamics

Drivers

• Upsurge in government initiatives

Factors driving the growth of the market include rising government initiatives for developing reimbursement policies for surgical procedures, rising geriatric population, rising chronic disease incidence, rising cost of healthcare services, and growing GDP and healthcare expenditure globally. The market for microinsurance will expand between 2022 and 2029 as a result of several new opportunities and rising medical expenditures.

• Increasing accessibility of financial services

The main drivers of market growth are the global expansion of the insurance industry and the rising availability of financial services to all social strata. The market is also being positively impacted by recent innovations like peer-to-peer models and other similar consumer-friendly insurance models.

• Improvement in client experiences

Low-income households are provided with insurance coverage through microinsurance since they have restricted income options. Additionally, microinsurance offers clear and affordable insurance plans between the service provider and the insurer, which supports the market's expansion. To improve client experiences and develop a sustainable value chain for microinsurance enterprises, many organisations are also implementing multichannel interaction platforms and virtual networks, which is resulting in a good outlook for the sector.

Opportunities

Microinsurance is becoming increasingly popular with accessibility and open operation, which benefits consumers. Additionally, a number of organisations are using multichannel platforms and virtual networks to create a value chain for the microinsurance industry and to offer incentives. A further factor driving the expansion of the microinsurance sector is the emergence of consumer-friendly insurance schemes like the peer-to-peer model. Automated portfolio monitoring is becoming more popular among businesses since it enables them to maintain track of their clients' credit flows, keep track of their progress, and act appropriately right away. By reducing their risks, the microinsurance businesses can increase revenues and profits.

Restraints/Challenges

• High Cost

Rising cost of healthcare insurance products along with stringent regulations and longer time for claim reimbursement will hinder the growth of the microinsurance market in the 2022–2029 forecast period.

This microinsurance market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the microinsurance market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Microinsurance Market

The COVID-19 pandemic had a negative effect on the expansion of the microinsurance sector. The acceptance of insurance coverage decreased due to various unexpected problems brought by the epidemic, such as restrictions on human movement due to safety concerns. Microinsurance policies were adopted in emerging economies, though, as a result of continued digitalization and rising consumer awareness of different insurance policies. This development is consequently anticipated to support market growth throughout the forecast period.

Recent Development

• In April 2021, In order to expand microinsurance in the nation and create new insurance products for the Tanzanian market, Micro Insurance and TanManagement Insurance Brokers, a Tanzanian company, have established a cooperation.

Global Microinsurance Market Scope

The microinsurance market is segmented on the basis of type, age group, product, provider, distribution channel and model. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Lifetime Coverage
• Term Insurance

Age Group

• Minor
• Adult
• Senior Citizens

Product

• Property Insurance
• Health Insurance
• Life Insurance
• Index Insurance
• Accidental Death and Disability Insurance
• Others

Provider

• Microinsurance (Commercially Viable)
• Microinsurance Through Aid/Government Support

Distribution Channel

• Direct Sales
• Financial Institutions
• E-Commerce
• Hospitals
• Clinics
• Others

Model

• Partner Agent Model
• Full-Service Model
• Provider Driven Model
• Community-Based/Mutual Model
• Others

Microinsurance Market Regional Analysis/Insights

The microinsurance market is analysed and market size insights and trends are provided by country, type, age group, product, provider, distribution channel and model as referenced above.

The countries covered in the microinsurance market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the microinsurance market due to the growing number of geriatric population along with adoption of innovative medical technology.

Asia-Pacific dominates the microinsurance market due to the improving national economies, increasing low-income population, and regional regulatory and lawmaking development.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Microinsurance Market Share Analysis

마이크로보험 시장 경쟁 구도는 경쟁자별 세부 정보를 제공합니다. 포함된 세부 정보에는 회사 개요, 회사 재무, 창출된 수익, 시장 잠재력, 연구 개발 투자, 새로운 시장 이니셔티브, 글로벌 입지, 생산 현장 및 시설, 생산 용량, 회사의 강점과 약점, 제품 출시, 제품 폭과 범위, 애플리케이션 우위가 있습니다. 위에 제공된 데이터 포인트는 마이크로보험 시장과 관련된 회사의 초점에만 관련이 있습니다.

소액보험 시장에서 활동하는 주요 기업은 다음과 같습니다.

• HDFC Ergo General Insurance Company Limited(인도)
• 홀라드(네덜란드)
• MicroEnsure Holdings Limited(영국)
• 국가보험위원회(인도)
• 스탠다드차타드은행(영국)
• 웰스파고(미국)
• SAC Banco do Nordeste(브라질)
• MetLife 서비스 및 솔루션, LLC(미국)
• 반단 뱅크(인도)
• ICICI은행(인도)
• 타타 AIA Life(인도) 

SKU-56322