Product Code: ETC5621673 | Publication Date: Nov 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The IoT insurance market in Israel integrates IoT devices and data analytics into insurance services to assess risk, personalize premiums, and prevent losses proactively. IoT-enabled insurance products include usage-based auto insurance, smart home insurance, and connected health insurance, offering value-added services and risk mitigation incentives for policyholders.
In Israel, the IoT insurance market is witnessing growth as insurers leverage IoT devices for risk assessment, pricing, and personalized services. IoT-enabled sensors in vehicles, homes, and wearables provide real-time data for usage-based insurance, preventive maintenance, and claims management, driving market expansion.
The IoT insurance market faces challenges such as data accuracy, underwriting complexity, and customer adoption. Ensuring accurate data collection, simplifying the underwriting process through automation, and promoting the benefits of IoT-based insurance products to drive customer adoption are essential for transforming the insurance industry in Israel.
To address emerging risks and opportunities in the insurance industry, the Israel government promotes innovation and collaboration in the IoT insurance market. Policies aim to facilitate regulatory frameworks, data sharing agreements, and technology partnerships to develop usage-based insurance, risk mitigation, and customer engagement solutions leveraging IoT data and analytics.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Israel IoT Insurance Market Overview |
3.1 Israel Country Macro Economic Indicators |
3.2 Israel IoT Insurance Market Revenues & Volume, 2021 & 2031F |
3.3 Israel IoT Insurance Market - Industry Life Cycle |
3.4 Israel IoT Insurance Market - Porter's Five Forces |
3.5 Israel IoT Insurance Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Israel IoT Insurance Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Israel IoT Insurance Market Revenues & Volume Share, By , 2021 & 2031F |
4 Israel IoT Insurance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Israel IoT Insurance Market Trends |
6 Israel IoT Insurance Market Segmentations |
6.1 Israel IoT Insurance Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Israel IoT Insurance Market Revenues & Volume, By Property and Casualty (P&C) Insurance, 2021-2031F |
6.1.3 Israel IoT Insurance Market Revenues & Volume, By Health Insurance, 2021-2031F |
6.1.4 Israel IoT Insurance Market Revenues & Volume, By Life Insurance, 2021-2031F |
6.1.5 Israel IoT Insurance Market Revenues & Volume, By Others, 2021-2031F |
6.2 Israel IoT Insurance Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Israel IoT Insurance Market Revenues & Volume, By Automotive and Transportation, 2021-2031F |
6.2.3 Israel IoT Insurance Market Revenues & Volume, By Home and Commercial Buildings, 2021-2031F |
6.2.4 Israel IoT Insurance Market Revenues & Volume, By Life and Health, 2021-2031F |
6.2.5 Israel IoT Insurance Market Revenues & Volume, By Business and Enterprise, 2021-2031F |
6.2.6 Israel IoT Insurance Market Revenues & Volume, By Consumer Electronics and Industrial Machines, 2021-2031F |
6.2.7 Israel IoT Insurance Market Revenues & Volume, By Travel, 2021-2031F |
6.4 Israel IoT Insurance Market, By |
6.4.1 Overview and Analysis |
7 Israel IoT Insurance Market Import-Export Trade Statistics |
7.1 Israel IoT Insurance Market Export to Major Countries |
7.2 Israel IoT Insurance Market Imports from Major Countries |
8 Israel IoT Insurance Market Key Performance Indicators |
9 Israel IoT Insurance Market - Opportunity Assessment |
9.1 Israel IoT Insurance Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Israel IoT Insurance Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Israel IoT Insurance Market Opportunity Assessment, By , 2021 & 2031F |
10 Israel IoT Insurance Market - Competitive Landscape |
10.1 Israel IoT Insurance Market Revenue Share, By Companies, 2024 |
10.2 Israel IoT Insurance Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |