AI in Insurance Market Overview:
The AI in Insurance Market Size was estimated at 4.36 (USD Billion) in 2023. The AI in Insurance Market is expected to grow from 5.29 (USD Billion) in 2024 to 45 (USD Billion) by 2035. The AI in Insurance Market CAGR (growth rate) is expected to be around 21.48% during the forecast period (2025 - 2035).
Key AI in Insurance Market Trends Highlighted
The AI in Insurance Market is expanding significantly, mostly due to technological breakthroughs and a growing emphasis on enhancing the client experience. In order to streamline operations and cut costs, insurers are rapidly implementing AI technologies for tasks like fraud detection, underwriting, and claims processing.
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