Bancassurance refers to a distribution channel for insurance products. It is a means for insurance companies to sell their products through banks, which allows the former to cater to a wide customer base. The bancassurance model is very common in many countries across?Europe, including?France,?Spain, and?Portugal. There are also several new entrants in the market, intensifying the competition, and encouraging insurance companies to innovate and customize products based on client requirement.
This report aims to provide a comprehensive presentation of the global market for Bancassurance Technology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bancassurance Technology. This report contains market size and forecasts of Bancassurance Technology in global, including the following market information:
Global Bancassurance Technology Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Bancassurance Technology market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
With the advent of technology boom worldwide, banks and insurance firms across Europe have increasingly become dependent on computers, Internet and other technology mediums to run their business and drive revenue growth. The technology trend in the banking and insurance sectors will only intensify in the future, leading to a rise in popularity of bancassurance in Europe. According to the report, payment systems show significant changes in the past two decades. The emergence of several IT technologies with regard to payment systems has made the transaction process became much easier for banks and insurance companies. For instance, electronic payment systems are widely used among banks. In addition, integration is expected to evolve in the payment system. The evolution of payment systems is predicted to further grow during the forecast period. Many banks and insurance companies are likely to invest a significant amount in adoption of advanced technologies to enhance their functionality of payment systems.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Bancassurance Technology companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bancassurance Technology Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Bancassurance Technology Market Segment Percentages, by Type, 2022 (%)
Cloud
Big Data
Others
Global Bancassurance Technology Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Bancassurance Technology Market Segment Percentages, by Application, 2022 (%)
Banks
Insurance Firms
Global Bancassurance Technology Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Bancassurance Technology Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bancassurance Technology revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Bancassurance Technology revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Agile Financial Technologies
BSB
E&Y
HP
BM
Oracle
Outline of Major Chapters:
Chapter 1: Introduces the definition of Bancassurance Technology, market overview.
Chapter 2: Global Bancassurance Technology market size in revenue.
Chapter 3: Detailed analysis of Bancassurance Technology company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Bancassurance Technology in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Bancassurance Technology Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Bancassurance Technology Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Bancassurance Technology Overall Market Size
2.1 Global Bancassurance Technology Market Size: 2022 VS 2032
2.2 Global Bancassurance Technology Market Size, Prospects & Forecasts: 2018-2032
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Bancassurance Technology Players in Global Market
3.2 Top Global Bancassurance Technology Companies Ranked by Revenue
3.3 Global Bancassurance Technology Revenue by Companies
3.4 Top 3 and Top 5 Bancassurance Technology Companies in Global Market, by Revenue in 2022
3.5 Global Companies Bancassurance Technology Product Type
3.6 Tier 1, Tier 2 and Tier 3 Bancassurance Technology Players in Global Market
3.6.1 List of Global Tier 1 Bancassurance Technology Companies
3.6.2 List of Global Tier 2 and Tier 3 Bancassurance Technology Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Bancassurance Technology Market Size Markets, 2022 & 2032
4.1.2 Cloud
4.1.3 Big Data
4.1.4 Others
4.2 By Type - Global Bancassurance Technology Revenue & Forecasts
4.2.1 By Type - Global Bancassurance Technology Revenue, 2018-2023
4.2.2 By Type - Global Bancassurance Technology Revenue, 2024-2032
4.2.3 By Type - Global Bancassurance Technology Revenue Market Share, 2018-2032
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Bancassurance Technology Market Size, 2022 & 2032
5.1.2 Banks
5.1.3 Insurance Firms
5.2 By Application - Global Bancassurance Technology Revenue & Forecasts
5.2.1 By Application - Global Bancassurance Technology Revenue, 2018-2023
5.2.2 By Application - Global Bancassurance Technology Revenue, 2024-2032
5.2.3 By Application - Global Bancassurance Technology Revenue Market Share, 2018-2032
6 Sights by Region
6.1 By Region - Global Bancassurance Technology Market Size, 2022 & 2032
6.2 By Region - Global Bancassurance Technology Revenue & Forecasts
6.2.1 By Region - Global Bancassurance Technology Revenue, 2018-2023
6.2.2 By Region - Global Bancassurance Technology Revenue, 2024-2032
6.2.3 By Region - Global Bancassurance Technology Revenue Market Share, 2018-2032
6.3 North America
6.3.1 By Country - North America Bancassurance Technology Revenue, 2018-2032
6.3.2 US Bancassurance Technology Market Size, 2018-2032
6.3.3 Canada Bancassurance Technology Market Size, 2018-2032
6.3.4 Mexico Bancassurance Technology Market Size, 2018-2032
6.4 Europe
6.4.1 By Country - Europe Bancassurance Technology Revenue, 2018-2032
6.4.2 Germany Bancassurance Technology Market Size, 2018-2032
6.4.3 France Bancassurance Technology Market Size, 2018-2032
6.4.4 U.K. Bancassurance Technology Market Size, 2018-2032
6.4.5 Italy Bancassurance Technology Market Size, 2018-2032
6.4.6 Russia Bancassurance Technology Market Size, 2018-2032
6.4.7 Nordic Countries Bancassurance Technology Market Size, 2018-2032
6.4.8 Benelux Bancassurance Technology Market Size, 2018-2032
6.5 Asia
6.5.1 By Region - Asia Bancassurance Technology Revenue, 2018-2032
6.5.2 China Bancassurance Technology Market Size, 2018-2032
6.5.3 Japan Bancassurance Technology Market Size, 2018-2032
6.5.4 South Korea Bancassurance Technology Market Size, 2018-2032
6.5.5 Southeast Asia Bancassurance Technology Market Size, 2018-2032
6.5.6 India Bancassurance Technology Market Size, 2018-2032
6.6 South America
6.6.1 By Country - South America Bancassurance Technology Revenue, 2018-2032
6.6.2 Brazil Bancassurance Technology Market Size, 2018-2032
6.6.3 Argentina Bancassurance Technology Market Size, 2018-2032
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Bancassurance Technology Revenue, 2018-2032
6.7.2 Turkey Bancassurance Technology Market Size, 2018-2032
6.7.3 Israel Bancassurance Technology Market Size, 2018-2032
6.7.4 Saudi Arabia Bancassurance Technology Market Size, 2018-2032
6.7.5 UAE Bancassurance Technology Market Size, 2018-2032
7 Bancassurance Technology Companies Profiles
7.1 Agile Financial Technologies
7.1.1 Agile Financial Technologies Company Summary
7.1.2 Agile Financial Technologies Business Overview
7.1.3 Agile Financial Technologies Bancassurance Technology Major Product Offerings
7.1.4 Agile Financial Technologies Bancassurance Technology Revenue in Global Market (2018-2023)
7.1.5 Agile Financial Technologies Key News & Latest Developments
7.2 BSB
7.2.1 BSB Company Summary
7.2.2 BSB Business Overview
7.2.3 BSB Bancassurance Technology Major Product Offerings
7.2.4 BSB Bancassurance Technology Revenue in Global Market (2018-2023)
7.2.5 BSB Key News & Latest Developments
7.3 E&Y
7.3.1 E&Y Company Summary
7.3.2 E&Y Business Overview
7.3.3 E&Y Bancassurance Technology Major Product Offerings
7.3.4 E&Y Bancassurance Technology Revenue in Global Market (2018-2023)
7.3.5 E&Y Key News & Latest Developments
7.4 HP
7.4.1 HP Company Summary
7.4.2 HP Business Overview
7.4.3 HP Bancassurance Technology Major Product Offerings
7.4.4 HP Bancassurance Technology Revenue in Global Market (2018-2023)
7.4.5 HP Key News & Latest Developments
7.5 BM
7.5.1 BM Company Summary
7.5.2 BM Business Overview
7.5.3 BM Bancassurance Technology Major Product Offerings
7.5.4 BM Bancassurance Technology Revenue in Global Market (2018-2023)
7.5.5 BM Key News & Latest Developments
7.6 Oracle
7.6.1 Oracle Company Summary
7.6.2 Oracle Business Overview
7.6.3 Oracle Bancassurance Technology Major Product Offerings
7.6.4 Oracle Bancassurance Technology Revenue in Global Market (2018-2023)
7.6.5 Oracle Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Bancassurance Technology Market Opportunities & Trends in Global Market
Table 2. Bancassurance Technology Market Drivers in Global Market
Table 3. Bancassurance Technology Market Restraints in Global Market
Table 4. Key Players of Bancassurance Technology in Global Market
Table 5. Top Bancassurance Technology Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Bancassurance Technology Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Bancassurance Technology Revenue Share by Companies, 2018-2023
Table 8. Global Companies Bancassurance Technology Product Type
Table 9. List of Global Tier 1 Bancassurance Technology Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Bancassurance Technology Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Bancassurance Technology Revenue, (US$, Mn), 2022 & 2032
Table 12. By Type - Bancassurance Technology Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Bancassurance Technology Revenue in Global (US$, Mn), 2024-2032
Table 14. By Application ? Global Bancassurance Technology Revenue, (US$, Mn), 2022 & 2032
Table 15. By Application - Bancassurance Technology Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Bancassurance Technology Revenue in Global (US$, Mn), 2024-2032
Table 17. By Region ? Global Bancassurance Technology Revenue, (US$, Mn), 2022 & 2032
Table 18. By Region - Global Bancassurance Technology Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Bancassurance Technology Revenue (US$, Mn), 2024-2032
Table 20. By Country - North America Bancassurance Technology Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Bancassurance Technology Revenue, (US$, Mn), 2024-2032
Table 22. By Country - Europe Bancassurance Technology Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Bancassurance Technology Revenue, (US$, Mn), 2024-2032
Table 24. By Region - Asia Bancassurance Technology Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Bancassurance Technology Revenue, (US$, Mn), 2024-2032
Table 26. By Country - South America Bancassurance Technology Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Bancassurance Technology Revenue, (US$, Mn), 2024-2032
Table 28. By Country - Middle East & Africa Bancassurance Technology Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Bancassurance Technology Revenue, (US$, Mn), 2024-2032
Table 30. Agile Financial Technologies Company Summary
Table 31. Agile Financial Technologies Bancassurance Technology Product Offerings
Table 32. Agile Financial Technologies Bancassurance Technology Revenue (US$, Mn) & (2018-2023)
Table 33. Agile Financial Technologies Key News & Latest Developments
Table 34. BSB Company Summary
Table 35. BSB Bancassurance Technology Product Offerings
Table 36. BSB Bancassurance Technology Revenue (US$, Mn) & (2018-2023)
Table 37. BSB Key News & Latest Developments
Table 38. E&Y Company Summary
Table 39. E&Y Bancassurance Technology Product Offerings
Table 40. E&Y Bancassurance Technology Revenue (US$, Mn) & (2018-2023)
Table 41. E&Y Key News & Latest Developments
Table 42. HP Company Summary
Table 43. HP Bancassurance Technology Product Offerings
Table 44. HP Bancassurance Technology Revenue (US$, Mn) & (2018-2023)
Table 45. HP Key News & Latest Developments
Table 46. BM Company Summary
Table 47. BM Bancassurance Technology Product Offerings
Table 48. BM Bancassurance Technology Revenue (US$, Mn) & (2018-2023)
Table 49. BM Key News & Latest Developments
Table 50. Oracle Company Summary
Table 51. Oracle Bancassurance Technology Product Offerings
Table 52. Oracle Bancassurance Technology Revenue (US$, Mn) & (2018-2023)
Table 53. Oracle Key News & Latest Developments
List of Figures
Figure 1. Bancassurance Technology Segment by Type in 2022
Figure 2. Bancassurance Technology Segment by Application in 2022
Figure 3. Global Bancassurance Technology Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Bancassurance Technology Market Size: 2022 VS 2032 (US$, Mn)
Figure 6. Global Bancassurance Technology Revenue, 2018-2032 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Bancassurance Technology Revenue in 2022
Figure 8. By Type - Global Bancassurance Technology Revenue Market Share, 2018-2032
Figure 9. By Application - Global Bancassurance Technology Revenue Market Share, 2018-2032
Figure 10. By Type - Global Bancassurance Technology Revenue, (US$, Mn), 2022 & 2032
Figure 11. By Type - Global Bancassurance Technology Revenue Market Share, 2018-2032
Figure 12. By Application - Global Bancassurance Technology Revenue, (US$, Mn), 2022 & 2032
Figure 13. By Application - Global Bancassurance Technology Revenue Market Share, 2018-2032
Figure 14. By Region - Global Bancassurance Technology Revenue Market Share, 2018-2032
Figure 15. By Country - North America Bancassurance Technology Revenue Market Share, 2018-2032
Figure 16. US Bancassurance Technology Revenue, (US$, Mn), 2018-2032
Figure 17. Canada Bancassurance Technology Revenue, (US$, Mn), 2018-2032
Figure 18. Mexico Bancassurance Technology Revenue, (US$, Mn), 2018-2032
Figure 19. By Country - Europe Bancassurance Technology Revenue Market Share, 2018-2032
Figure 20. Germany Bancassurance Technology Revenue, (US$, Mn), 2018-2032
Figure 21. France Bancassurance Technology Revenue, (US$, Mn), 2018-2032
Figure 22. U.K. Bancassurance Technology Revenue, (US$, Mn), 2018-2032
Figure 23. Italy Bancassurance Technology Revenue, (US$, Mn), 2018-2032
Figure 24. Russia Bancassurance Technology Revenue, (US$, Mn), 2018-2032
Figure 25. Nordic Countries Bancassurance Technology Revenue, (US$, Mn), 2018-2032
Figure 26. Benelux Bancassurance Technology Revenue, (US$, Mn), 2018-2032
Figure 27. By Region - Asia Bancassurance Technology Revenue Market Share, 2018-2032
Figure 28. China Bancassurance Technology Revenue, (US$, Mn), 2018-2032
Figure 29. Japan Bancassurance Technology Revenue, (US$, Mn), 2018-2032
Figure 30. South Korea Bancassurance Technology Revenue, (US$, Mn), 2018-2032
Figure 31. Southeast Asia Bancassurance Technology Revenue, (US$, Mn), 2018-2032
Figure 32. India Bancassurance Technology Revenue, (US$, Mn), 2018-2032
Figure 33. By Country - South America Bancassurance Technology Revenue Market Share, 2018-2032
Figure 34. Brazil Bancassurance Technology Revenue, (US$, Mn), 2018-2032
Figure 35. Argentina Bancassurance Technology Revenue, (US$, Mn), 2018-2032
Figure 36. By Country - Middle East & Africa Bancassurance Technology Revenue Market Share, 2018-2032
Figure 37. Turkey Bancassurance Technology Revenue, (US$, Mn), 2018-2032
Figure 38. Israel Bancassurance Technology Revenue, (US$, Mn), 2018-2032
Figure 39. Saudi Arabia Bancassurance Technology Revenue, (US$, Mn), 2018-2032
Figure 40. UAE Bancassurance Technology Revenue, (US$, Mn), 2018-2032
Figure 41. Agile Financial Technologies Bancassurance Technology Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. BSB Bancassurance Technology Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. E&Y Bancassurance Technology Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. HP Bancassurance Technology Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. BM Bancassurance Technology Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Oracle Bancassurance Technology Revenue Year Over Year Growth (US$, Mn) & (2018-2023)