Internet of Things (IoT) Insurance Market Size, Growth Strategies, Competitive Landscape, Factor Analysis, 2021–2032 The global Internet of Things (IoT) insurance market reached a market size of USD 16.28 Billion in 2020 and is expected to register a CAGR of 62.2% during the forecast period. Global Internet of Things (IoT) insurance market revenue is expected to increase significantly during the forecast period due to increasing demand for IoT devices in the insurance industry to enhance customer experience and other key factors. IoT-driven services and faster processing times enhance customer satisfaction and experience, and improve profitability through high retention of customers. Growing demand for value-added services is expected to further propel growth of the global Internet of Things (IoT) insurance market during the forecast period. For more informative information, please visit us @ https://www.emergenresearch.com/industry-report/internet-of-things-insurance-market