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

  • PUBLISHED ON
  • 11/23/2022
  • NO OF PAGES
  • 217
  • CATEGORY
  • Information Technology
The competitive landscape analysis of Bancassurance 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 Bancassurance 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 Bancassurance Market: Top Key Players
ABN AMRO
ANZ
Banco Bradesco
American Express
Banco Santander
BNP Paribas
ING Group
Wells Fargo
Barclays
Intesa Sanpaolo
Lloyds Banking Group
Citigroup
HSBC
NongHyup Financial Group
Nordea Bank
Bancassurance Breakdown Data by Type
Life Bancassurance
Non-Life Bancassurance
Life bancassurance is the most widely used type which takes up about 59% of the global total revenue.
Bancassurance Breakdown Data by Application
Adults
Kids
Other
Adults was the most widely used which took up about 44% of the global total in 2018.


Global Bancassurance 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 Bancassurance 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 Bancassurance Revenue
1.4 Market Analysis by Type
1.4.1 Global Bancassurance Market Size Growth Rate by Type: 2022 VS 2030
1.4.2 Life Bancassurance
1.4.3 Non-Life Bancassurance
1.5 Market by Application
1.5.1 Global Bancassurance Market Share by Application: 2022 VS 2030
1.5.2 Adults
1.5.3 Kids
1.5.4 Other
1.6 Coronavirus Disease 2019 (Covid-19): Bancassurance Industry Impact
1.6.1 How the Covid-19 is Affecting the Bancassurance Industry
1.6.1.1 Bancassurance 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 Bancassurance 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 Bancassurance Players to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered

2 Global Growth Trends by Regions
2.1 Bancassurance Market Perspective (2016-2030)
2.2 Bancassurance Growth Trends by Regions
2.2.1 Bancassurance Market Size by Regions: 2016 VS 2022 VS 2030
2.2.2 Bancassurance Historic Market Share by Regions (2016-2021)
2.2.3 Bancassurance 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 Bancassurance Market Growth Strategy
2.3.6 Primary Interviews with Key Bancassurance Players (Opinion Leaders)

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

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

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

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

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

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

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

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

11 Mid East
11.1 Mid East Bancassurance Market Size (2016-2021)
11.2 Bancassurance Key Players in Mid East (2016-2021)
11.3 Mid East Bancassurance Market Size by Type (2016-2021)
11.4 Mid East Bancassurance Market Size by Application (2016-2021)

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

13 Key Players Profiles
13.1 ABN AMRO
13.1.1 ABN AMRO Company Details
13.1.2 ABN AMRO Business Overview and Its Total Revenue
13.1.3 ABN AMRO Bancassurance Introduction
13.1.4 ABN AMRO Revenue in Bancassurance Business (2016-2021)
13.1.5 ABN AMRO Recent Development
13.2 ANZ
13.2.1 ANZ Company Details
13.2.2 ANZ Business Overview and Its Total Revenue
13.2.3 ANZ Bancassurance Introduction
13.2.4 ANZ Revenue in Bancassurance Business (2016-2021)
13.2.5 ANZ Recent Development
13.3 Banco Bradesco
13.3.1 Banco Bradesco Company Details
13.3.2 Banco Bradesco Business Overview and Its Total Revenue
13.3.3 Banco Bradesco Bancassurance Introduction
13.3.4 Banco Bradesco Revenue in Bancassurance Business (2016-2021)
13.3.5 Banco Bradesco Recent Development
13.4 American Express
13.4.1 American Express Company Details
13.4.2 American Express Business Overview and Its Total Revenue
13.4.3 American Express Bancassurance Introduction
13.4.4 American Express Revenue in Bancassurance Business (2016-2021)
13.4.5 American Express Recent Development
13.5 Banco Santander
13.5.1 Banco Santander Company Details
13.5.2 Banco Santander Business Overview and Its Total Revenue
13.5.3 Banco Santander Bancassurance Introduction
13.5.4 Banco Santander Revenue in Bancassurance Business (2016-2021)
13.5.5 Banco Santander Recent Development
13.6 BNP Paribas
13.6.1 BNP Paribas Company Details
13.6.2 BNP Paribas Business Overview and Its Total Revenue
13.6.3 BNP Paribas Bancassurance Introduction
13.6.4 BNP Paribas Revenue in Bancassurance Business (2016-2021)
13.6.5 BNP Paribas Recent Development
13.7 ING Group
13.7.1 ING Group Company Details
13.7.2 ING Group Business Overview and Its Total Revenue
13.7.3 ING Group Bancassurance Introduction
13.7.4 ING Group Revenue in Bancassurance Business (2016-2021)
13.7.5 ING Group Recent Development
13.8 Wells Fargo
13.8.1 Wells Fargo Company Details
13.8.2 Wells Fargo Business Overview and Its Total Revenue
13.8.3 Wells Fargo Bancassurance Introduction
13.8.4 Wells Fargo Revenue in Bancassurance Business (2016-2021)
13.8.5 Wells Fargo Recent Development
13.9 Barclays
13.9.1 Barclays Company Details
13.9.2 Barclays Business Overview and Its Total Revenue
13.9.3 Barclays Bancassurance Introduction
13.9.4 Barclays Revenue in Bancassurance Business (2016-2021)
13.9.5 Barclays Recent Development
13.10 Intesa Sanpaolo
13.10.1 Intesa Sanpaolo Company Details
13.10.2 Intesa Sanpaolo Business Overview and Its Total Revenue
13.10.3 Intesa Sanpaolo Bancassurance Introduction
13.10.4 Intesa Sanpaolo Revenue in Bancassurance Business (2016-2021)
13.10.5 Intesa Sanpaolo Recent Development
13.11 Lloyds Banking Group
10.11.1 Lloyds Banking Group Company Details
10.11.2 Lloyds Banking Group Business Overview and Its Total Revenue
10.11.3 Lloyds Banking Group Bancassurance Introduction
10.11.4 Lloyds Banking Group Revenue in Bancassurance Business (2016-2021)
10.11.5 Lloyds Banking Group Recent Development
13.12 Citigroup
10.12.1 Citigroup Company Details
10.12.2 Citigroup Business Overview and Its Total Revenue
10.12.3 Citigroup Bancassurance Introduction
10.12.4 Citigroup Revenue in Bancassurance Business (2016-2021)
10.12.5 Citigroup Recent Development
13.13 HSBC
10.13.1 HSBC Company Details
10.13.2 HSBC Business Overview and Its Total Revenue
10.13.3 HSBC Bancassurance Introduction
10.13.4 HSBC Revenue in Bancassurance Business (2016-2021)
10.13.5 HSBC Recent Development
13.14 NongHyup Financial Group
10.14.1 NongHyup Financial Group Company Details
10.14.2 NongHyup Financial Group Business Overview and Its Total Revenue
10.14.3 NongHyup Financial Group Bancassurance Introduction
10.14.4 NongHyup Financial Group Revenue in Bancassurance Business (2016-2021)
10.14.5 NongHyup Financial Group Recent Development
13.15 Nordea Bank
10.15.1 Nordea Bank Company Details
10.15.2 Nordea Bank Business Overview and Its Total Revenue
10.15.3 Nordea Bank Bancassurance Introduction
10.15.4 Nordea Bank Revenue in Bancassurance Business (2016-2021)
10.15.5 Nordea Bank 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

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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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