The Insurance (Providers, Brokers and Re-Insurers) Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
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According to The Business Research Company’s Insurance (Providers, Brokers and Re-Insurers) Global Market Report 2024, The investigation and security services market size has grown strongly in recent years. It will grow from $388.69 billion in 2023 to $423.82 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to crime and threats, regulatory compliance, corporate security, data security.
The investigation and security services market size is expected to see strong growth in the next few years. It will grow to $589.62 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to terrorism and political instability, public safety concerns, digital transformation, remote work security. Major trends in the forecast period include digital transformation, security technology advancements, artificial intelligence and automation.
The global payments industry has witnessed a rapid increase in the adoption of EMV technology. This growth is driven by the higher level of data security offered by EMV chips and PIN cards as compared to traditional magnetic stripe cards. EMV is a security standard for various payment cards, including debit, credit, charge, and prepaid cards. The chip carries data for the cardholder and the account, which is protected using both hardware and software security measures. For instance, in August 2023, according to Thales Group, a France-based manufacturer of electrical systems, in 2023, 69.25% of all issued payment cards worldwide were EMV chip-based in 2022. EMV card transactions increased from 77,52% in 2021 to 87,19% in 2022.
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The insurance (providers, brokers and re-insurers) market covered in this report is segmented –
1) By Type: Insurance Providers; Insurance Brokers And Agents; Reinsurance Providers
2) By Mode: Online; Offline
3) By End User: Corporate; Individual
Subsegments Covered: Life Insurance Providers; Property & Casualty Insurance Providers; Health & Medical Insurance Providers; Insurance Agencies; Insurance Brokers; Bancassurance; Other Intermediaries; Property & Casualty Reinsurance Providers; Life & Health Reinsurance Providers
The insurance (providers, brokers and re-insurers) market report table of contents includes:
1. Executive Summary
2. Insurance (Providers, Brokers and Re-Insurers) Market Characteristics
3. Insurance (Providers, Brokers and Re-Insurers) Product/Service Analysis -Product/Service Examples
4. Insurance (Providers, Brokers and Re-Insurers) Market Trends And Strategies
5. Insurance (Providers, Brokers and Re-Insurers) Market – Macro Economic Scenario
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68. Global Insurance (Providers, Brokers and Re-Insurers) Market Competitive Benchmarking
69. Global Insurance (Providers, Brokers and Re-Insurers) Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Insurance (Providers, Brokers and Re-Insurers) Market
71. Insurance (Providers, Brokers and Re-Insurers) Market Future Outlook and Potential Analysis
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