Research Report with COVID-19 Forecasts- Bancassurance Market 2020–2024 | Increase in the Number of HNWIs to Boost Growth | Technavio
Technavio has been monitoring the bancassurance market and it is poised to grow by USD 430.80 billion during 2020–2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. American Express Co., Australia and New Zealand Banking Group Ltd., Banco Santander SA, Barclays Bank Plc, BNP Paribas Cardif, Citigroup Inc., Crédit Agricole SA, HSBC Holdings Plc, ING Groep NV, ad Wells Fargo and Co. are some of the major market participants. The increase in the number of HNWIs will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increase in the number of HNWIs has been instrumental in driving the growth of the market.
Bancassurance Market 2020–2024: Segmentation
Bancassurance Market is segmented as below:
- Product
- Geographic Landscape
- Life Bancassurance
- Non-life Bancassurance
- APAC
- Europe
- MEA
- North America
- South America
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41208
Bancassurance Market 2020–2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our bancassurance market report covers the following areas:
- Bancassurance Market Size
- Bancassurance Market Trends
- Bancassurance Market Industry Analysis
This study identifies growing digitization and strategy as one of the prime reasons driving the bancassurance market growth during the next few years.
Bancassurance Market 2020–2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the bancassurance market, including some of the vendors such as American Express Co., Australia and New Zealand Banking Group Ltd., Banco Santander SA, Barclays Bank Plc, BNP Paribas Cardif, Citigroup Inc., Crédit Agricole SA, HSBC Holdings Plc, ING Groep NV, and Wells Fargo and Co. Backed with competitive intelligence and benchmarking, our research reports on the bancassurance market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
