The Japan insurance brokerage market Report 2023, provided by Astute Analytica, offers an extensive analysis of the market’s technical and financial data for both the present and foreseeable future. This report serves as a valuable addition to the market research archive, providing a thorough investigation and analysis of crucial aspects of the Japan insurance brokerage market.
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Japan insurance brokerage market was valued at US$ 64.81 billion in 2022 and is projected to surpass market size of US$ 87.56 billion by 2031 at a CAGR of 3.4% during the forecast period 2023–2031. It analyses the market’s regional trends, size, expansion prospects, and important factors in each region. Additionally, it acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. Both the direct and indirect effects of the pandemic on related industries are taken into account and discussed in the report.
The report gives a thorough analysis of the Japan insurance brokerage market, covering regional trends, market size, prospects for expansion, and important market factors in each region. In 2021, the United States Gross Domestic Product (GDP) value was US$ 23,315.08 billion, according to verified data from the World Bank. In terms of GDP, the United States accounts for 10.41% of the global economy. The mixed economy of the United States is very advanced. By nominal GDP, it has the largest economy in the world, and by purchasing power parity (PPP), it is second only to China in size.
The leading companies mentioned are
- Marsh Broker Japan, Inc
- ARM CONSULTING CO., LTD.
- Lead Insurance Service Co., Ltd
- Kyoritsu Insurance Brokers of Japan Co., Ltd.
- World Insurance Group
- SJ Mobile Labs Pte Ltd
- Marnix Reinsurance Brokers Pte Ltd
- MST Insurance Service Co., Ltd.
- Ginsen Risk Solutions Co., Ltd.
- M & K Consultants
- Sakura Geoservice Co., Ltd.
- Toyota Tsusho Insurance Management Corporation
- Nippon Souken Ltd.
- ARM Consulting Co., Ltd.
- Other Prominent Players
The report also acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. It considers both the direct impact of the pandemic and the indirect influence on related industries. The observations on the pandemic’s impact are included in the report.
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Furthermore, the report divides geographical regions into several major categories for production, consumption, revenue (in US dollars), and market share analysis. It discusses the predicted growth of the market in these regions between 2021 and 2031.
The segmentation overview of the Japan insurance brokerage market includes
By Brokerage Type
- Retail Brokerage
- Wholesale Brokerage
By Insurance Type
- Life Insurance
- General Insurance
- Property & Casualty Insurance
- Health Insurance
- Car/Motor Insurance
- Fire Insurance
- Travel Insurance
- Others
By Mode
- Online
- Embedded
- Offline
By End Users
- Corporate
- Institutions
- Individual
Overall, Astute Analytica’s report on the Japan insurance brokerage market appears to be a comprehensive resource for businesses seeking to understand the current state of the market and its future growth prospects.
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