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Insurtech Market Forecast Revenue Growth Predicted by 2023–2032
The insurtech market analysis has experienced exponential growth, propelled by the convergence of insurance and cutting-edge technologies such as artificial intelligence (AI), machine learning, Internet of Things (IoT), and blockchain. According to industry reports, the global insurtech market is projected to reach unprecedented heights, with a compound annual growth rate (CAGR) of over 40% during the forecast period.