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Global SME Insurance Market Size By Segmentations, Top Key Players, Trend, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 11/23/2022
  • NO OF PAGES
  • 264
  • CATEGORY
  • Banking & Finance
The competitive landscape analysis of SME Insurance Market uncovers detailed company profiles, revenue shares, portfolio innovations, regional product footprint, key developmental strategies, pricing structure, target markets, and near-term plans of market leaders. This entire section helps readers gain an essence of what is driving competition and what would help them stand out to win new target markets.

Market estimates and forecast are backed by an extensive primary research, further complemented by on-point secondary research of SME Insurance Market. The research analysts have invested significant time and effort in gathering critical industry information from KIPs such as OEMs, top suppliers and distributors, and government bodies.

Market Segmentations:
Global SME Insurance Market: Top Key Players
Allianz
AXA
PICC
China Life
Zurich
Chubb
Aviva
AIG
Liberty Mutual
CPIC
Nationwide
Mapfre
Sompo Japan Nipponkoa
Tokio Marine
Hanover Insurance
Hiscox
SME Insurance Breakdown Data by Type
Insurance for Non-employing
Insurance for 1-9 Employees
Insurance for above 10 Employees
SME Insurance Breakdown Data by Application
Agency
Digital & Direct Channels
Brokers
Bancassurance


Global SME Insurance Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

Reasons to Purchase SME Insurance Market Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come

Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by SME Insurance Revenue
1.4 Market Analysis by Type
1.4.1 Global SME Insurance Market Size Growth Rate by Type: 2022 VS 2030
1.4.2 Insurance for Non-employing
1.4.3 Insurance for 1-9 Employees
1.4.4 Insurance for above 10 Employees
1.5 Market by Application
1.5.1 Global SME Insurance Market Share by Application: 2022 VS 2030
1.5.2 Agency
1.5.3 Digital & Direct Channels
1.5.4 Brokers
1.5.5 Bancassurance
1.6 Coronavirus Disease 2019 (Covid-19): SME Insurance Industry Impact
1.6.1 How the Covid-19 is Affecting the SME Insurance Industry
1.6.1.1 SME Insurance Business Impact Assessment - Covid-19
1.6.1.2 Supply Chain Challenges
1.6.1.3 COVID-19’s Impact On Crude Oil and Refined Products
1.6.2 Market Trends and SME Insurance Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.6.3.2 Proposal for SME Insurance Players to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered

2 Global Growth Trends by Regions
2.1 SME Insurance Market Perspective (2016-2030)
2.2 SME Insurance Growth Trends by Regions
2.2.1 SME Insurance Market Size by Regions: 2016 VS 2022 VS 2030
2.2.2 SME Insurance Historic Market Share by Regions (2016-2021)
2.2.3 SME Insurance Forecasted Market Size by Regions (2022-2030)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porter’s Five Forces Analysis
2.3.5 SME Insurance Market Growth Strategy
2.3.6 Primary Interviews with Key SME Insurance Players (Opinion Leaders)

3 Competition Landscape by Key Players
3.1 Global Top SME Insurance Players by Market Size
3.1.1 Global Top SME Insurance Players by Revenue (2016-2021)
3.1.2 Global SME Insurance Revenue Market Share by Players (2016-2021)
3.1.3 Global SME Insurance Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global SME Insurance Market Concentration Ratio
3.2.1 Global SME Insurance Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by SME Insurance Revenue in 2021
3.3 SME Insurance Key Players Head office and Area Served
3.4 Key Players SME Insurance Product Solution and Service
3.5 Date of Enter into SME Insurance Market
3.6 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Type (2016-2030)
4.1 Global SME Insurance Historic Market Size by Type (2016-2021)
4.2 Global SME Insurance Forecasted Market Size by Type (2022-2030)

5 SME Insurance Breakdown Data by Application (2016-2030)
5.1 Global SME Insurance Market Size by Application (2016-2021)
5.2 Global SME Insurance Forecasted Market Size by Application (2022-2030)

6 North America
6.1 North America SME Insurance Market Size (2016-2021)
6.2 SME Insurance Key Players in North America (2016-2021)
6.3 North America SME Insurance Market Size by Type (2016-2021)
6.4 North America SME Insurance Market Size by Application (2016-2021)

7 Europe
7.1 Europe SME Insurance Market Size (2016-2021)
7.2 SME Insurance Key Players in Europe (2016-2021)
7.3 Europe SME Insurance Market Size by Type (2016-2021)
7.4 Europe SME Insurance Market Size by Application (2016-2021)

8 China
8.1 China SME Insurance Market Size (2016-2021)
8.2 SME Insurance Key Players in China (2016-2021)
8.3 China SME Insurance Market Size by Type (2016-2021)
8.4 China SME Insurance Market Size by Application (2016-2021)

9 Japan
9.1 Japan SME Insurance Market Size (2016-2021)
9.2 SME Insurance Key Players in Japan (2016-2021)
9.3 Japan SME Insurance Market Size by Type (2016-2021)
9.4 Japan SME Insurance Market Size by Application (2016-2021)

10 Southeast Asia
10.1 Southeast Asia SME Insurance Market Size (2016-2021)
10.2 SME Insurance Key Players in Southeast Asia (2016-2021)
10.3 Southeast Asia SME Insurance Market Size by Type (2016-2021)
10.4 Southeast Asia SME Insurance Market Size by Application (2016-2021)

11 India
11.1 India SME Insurance Market Size (2016-2021)
11.2 SME Insurance Key Players in India (2016-2021)
11.3 India SME Insurance Market Size by Type (2016-2021)
11.4 India SME Insurance Market Size by Application (2016-2021)

12 Central & South America
12.1 Central & South America SME Insurance Market Size (2016-2021)
12.2 SME Insurance Key Players in Central & South America (2016-2021)
12.3 Central & South America SME Insurance Market Size by Type (2016-2021)
12.4 Central & South America SME Insurance Market Size by Application (2016-2021)

13 Key Players Profiles
13.1 Allianz
13.1.1 Allianz Company Details
13.1.2 Allianz Business Overview and Its Total Revenue
13.1.3 Allianz SME Insurance Introduction
13.1.4 Allianz Revenue in SME Insurance Business (2016-2021)
13.1.5 Allianz Recent Development
13.2 AXA
13.2.1 AXA Company Details
13.2.2 AXA Business Overview and Its Total Revenue
13.2.3 AXA SME Insurance Introduction
13.2.4 AXA Revenue in SME Insurance Business (2016-2021)
13.2.5 AXA Recent Development
13.3 PICC
13.3.1 PICC Company Details
13.3.2 PICC Business Overview and Its Total Revenue
13.3.3 PICC SME Insurance Introduction
13.3.4 PICC Revenue in SME Insurance Business (2016-2021)
13.3.5 PICC Recent Development
13.4 China Life
13.4.1 China Life Company Details
13.4.2 China Life Business Overview and Its Total Revenue
13.4.3 China Life SME Insurance Introduction
13.4.4 China Life Revenue in SME Insurance Business (2016-2021)
13.4.5 China Life Recent Development
13.5 Zurich
13.5.1 Zurich Company Details
13.5.2 Zurich Business Overview and Its Total Revenue
13.5.3 Zurich SME Insurance Introduction
13.5.4 Zurich Revenue in SME Insurance Business (2016-2021)
13.5.5 Zurich Recent Development
13.6 Chubb
13.6.1 Chubb Company Details
13.6.2 Chubb Business Overview and Its Total Revenue
13.6.3 Chubb SME Insurance Introduction
13.6.4 Chubb Revenue in SME Insurance Business (2016-2021)
13.6.5 Chubb Recent Development
13.7 Aviva
13.7.1 Aviva Company Details
13.7.2 Aviva Business Overview and Its Total Revenue
13.7.3 Aviva SME Insurance Introduction
13.7.4 Aviva Revenue in SME Insurance Business (2016-2021)
13.7.5 Aviva Recent Development
13.8 AIG
13.8.1 AIG Company Details
13.8.2 AIG Business Overview and Its Total Revenue
13.8.3 AIG SME Insurance Introduction
13.8.4 AIG Revenue in SME Insurance Business (2016-2021)
13.8.5 AIG Recent Development
13.9 Liberty Mutual
13.9.1 Liberty Mutual Company Details
13.9.2 Liberty Mutual Business Overview and Its Total Revenue
13.9.3 Liberty Mutual SME Insurance Introduction
13.9.4 Liberty Mutual Revenue in SME Insurance Business (2016-2021)
13.9.5 Liberty Mutual Recent Development
13.10 CPIC
13.10.1 CPIC Company Details
13.10.2 CPIC Business Overview and Its Total Revenue
13.10.3 CPIC SME Insurance Introduction
13.10.4 CPIC Revenue in SME Insurance Business (2016-2021)
13.10.5 CPIC Recent Development
13.11 Nationwide
10.11.1 Nationwide Company Details
10.11.2 Nationwide Business Overview and Its Total Revenue
10.11.3 Nationwide SME Insurance Introduction
10.11.4 Nationwide Revenue in SME Insurance Business (2016-2021)
10.11.5 Nationwide Recent Development
13.12 Mapfre
10.12.1 Mapfre Company Details
10.12.2 Mapfre Business Overview and Its Total Revenue
10.12.3 Mapfre SME Insurance Introduction
10.12.4 Mapfre Revenue in SME Insurance Business (2016-2021)
10.12.5 Mapfre Recent Development
13.13 Sompo Japan Nipponkoa
10.13.1 Sompo Japan Nipponkoa Company Details
10.13.2 Sompo Japan Nipponkoa Business Overview and Its Total Revenue
10.13.3 Sompo Japan Nipponkoa SME Insurance Introduction
10.13.4 Sompo Japan Nipponkoa Revenue in SME Insurance Business (2016-2021)
10.13.5 Sompo Japan Nipponkoa Recent Development
13.14 Tokio Marine
10.14.1 Tokio Marine Company Details
10.14.2 Tokio Marine Business Overview and Its Total Revenue
10.14.3 Tokio Marine SME Insurance Introduction
10.14.4 Tokio Marine Revenue in SME Insurance Business (2016-2021)
10.14.5 Tokio Marine Recent Development
13.15 Hanover Insurance
10.15.1 Hanover Insurance Company Details
10.15.2 Hanover Insurance Business Overview and Its Total Revenue
10.15.3 Hanover Insurance SME Insurance Introduction
10.15.4 Hanover Insurance Revenue in SME Insurance Business (2016-2021)
10.15.5 Hanover Insurance Recent Development
13.16 Hiscox
10.16.1 Hiscox Company Details
10.16.2 Hiscox Business Overview and Its Total Revenue
10.16.3 Hiscox SME Insurance Introduction
10.16.4 Hiscox Revenue in SME Insurance Business (2016-2021)
10.16.5 Hiscox Recent Development

14 Analyst's Viewpoints/Conclusions

15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details

Quality Assurance Process

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Market Research Process




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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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