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Smart Contracts In Parametric Insurance Global Market Report 2025
Global Smart Contracts In Parametric Insurance Market Report 2025
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Published : December 2025

Pages : 250

Format : PDF

Delivery Time : 2-3 Business Days

Report Price : $4490.00 $3367.00

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Smart Contracts In Parametric Insurance Global Market Report 2025

By Solution (Parametric Insurance Software, Services), By Type Of Parametric Insurance (Natural Catastrophe Insurance, Specialty Insurance, Other Types Of Parametric Insurance), By Technology (Blockchain-Based Smart Contracts, Artificial Intelligence Or Machine Learning-Integrated Smart Contracts, Internet of Things (IoT)-Enabled Smart Contracts, Other Technologies), By End-User (Corporations, Individuals, Government And Public Sector) - Market Size, Trends, And Global Forecast 2025-2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Smart Contracts In Parametric Insurance Market Overview

• Smart Contracts In Parametric Insurance market size has reached to $9.97 billion in 2024

• Expected to grow to $18.56 billion in 2029 at a compound annual growth rate (CAGR) of 13.2%

• Growth Driver: Rising Adoption Of Cloud-Based Systems Fueling The Growth Of The Market Due To Enhancing Scalability, Efficiency, And Real-Time Automation

• Market Trend: Strategic Partnerships Drive Innovation In Parametric Insurance

North America was the largest region in 2024.

What Is Covered Under Smart Contracts In Parametric Insurance Market?

Smart contracts in parametric insurance are self-executing digital contracts coded on a blockchain that automatically trigger payouts when predefined conditions such as weather data or natural disaster parameters are met. They eliminate the need for manual claims processing by relying on objective data sources. Smart contracts in parametric insurance enable faster, transparent, and efficient insurance settlements with minimal human intervention.

The main solution types of smart contracts in parametric insurance are parametric insurance software and services. Parametric insurance software streamlines policy management by automating trigger-based claims processing using real-time data and smart contracts. The various types of parametric insurance include natural catastrophe insurance, specialty insurance, or others, and various technologies utilized are blockchain-based smart contracts, artificial intelligence, or machine learning-integrated smart contracts, or internet of things (IoT)-enabled smart contracts, serving key end-users, such as corporations, individuals, and the government and public sector.

Smart Contracts In Parametric Insurance Market Size and growth rate 2025 to 2029: Graph

What Is The Smart Contracts In Parametric Insurance Market Size 2025 And Growth Rate?

The smart contracts in the parametric insurance market size has grown rapidly in recent years. It will grow from $9.97 billion in 2024 to $11.32 billion in 2025 at a compound annual growth rate (CAGR) of 13.5%. The growth in the historic period can be attributed to increasing climate-related disasters, rising demand for quicker claims processing, growing use of parametric insurance in agriculture, expanding awareness about disaster risk financing, and increasing microinsurance adoption in vulnerable regions.

What Is The Smart Contracts In Parametric Insurance Market Growth Forecast?

The smart contracts in the parametric insurance market size are expected to see rapid growth in the next few years. It will grow to $18.56 billion in 2029 at a compound annual growth rate (CAGR) of 13.2%. The growth in the forecast period can be attributed to growing demand for automated claim settlements, increasing uptake of decentralized insurance models, expanding interest in climate risk coverage, rising government initiatives for disaster preparedness, and increasing focus on underserved and emerging regions. Major trends in the forecast period include technological advancements in blockchain applications, innovation in automated payout systems, growing investment in smart contract-based insurance tools, development of parametric products for new risk areas, and advancement in integration of artificial intelligence (AI) and internet of things (IoT) with smart contracts.

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What’s The Trade War Impact On Financial Services Industry?

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the financial sector, particularly in investment strategies and risk management. Heightened tariffs have fueled market volatility, prompting cautious behavior among institutional investors and increasing demand for hedging instruments. Banks and asset managers are facing higher costs associated with cross-border transactions, as tariffs disrupt global supply chains and dampen corporate earnings, key drivers of equity market performance. Insurance companies, meanwhile, are grappling with increased claims risks tied to supply chain disruptions and trade-related business losses. Additionally, reduced consumer spending and weakened export demand are constraining credit growth and investment appetite. The sector must now prioritize diversification, digital transformation, and robust scenario planning to navigate the heightened economic uncertainty and protect profitability.

How Is The Smart Contracts In Parametric Insurance Market Segmented?

1) By Solution: Parametric Insurance Software, Services

2) By Type Of Parametric Insurance: Natural Catastrophe Insurance, Specialty Insurance, Other Types Of Parametric Insurance

3) By Technology: Blockchain-Based Smart Contracts, Artificial Intelligence Or Machine Learning-Integrated Smart Contracts, Internet of Things (IoT)-Enabled Smart Contracts, Other Technologies

4) By End-User: Corporations, Individuals, Government And Public Sector

Subsegments:

1) By Parametric Insurance Software: Cloud-Based, On Premises

2) By Services: Implementation And Integration Services, Consulting And Training Services, Support And Maintenance Services

What Is Driving The Smart Contracts In Parametric Insurance Market? Rising Adoption Of Cloud-Based Systems Fueling The Growth Of The Market Due To Enhancing Scalability, Efficiency, And Real-Time Automation

The rising adoption of cloud-based systems is expected to propel the growth of smart contracts in parametric insurance market going forward. Cloud-based systems are online platforms that deliver computing power, data storage, and software services on demand, eliminating the need for on-site infrastructure. The rise of cloud-based systems is due to their scalability and flexibility, as they allow businesses to easily adjust resources on demand without heavy upfront infrastructure costs. Cloud-based systems enhance smart contracts in parametric insurance by enabling scalable, real-time data processing and secure automation. They improve efficiency and transparency by streamlining claims execution and policy management, reducing administrative burden and settlement time. For instance, in December 2023, according to Eurostat, a Luxembourg-based government agency, around 45.2% of enterprises purchased cloud computing services in 2022, a 4.2% increase from 41% in 2021. Therefore, the rising adoption of cloud-based systems is driving the growth of smart contracts in parametric insurance industry.

Who Are The Major Players In The Global Smart Contracts In Parametric Insurance Market?

Major companies operating in the smart contracts in parametric insurance market are AXA Group, Aon plc, NEC Corporation India Private Limited, Ensuro Technologies SL, Descartes Underwriting SAS, ScienceSoft USA Corporation, WalkingTree Technologies Private Limited, Tractable Ltd., Chainlink Foundation, Arbol Inc., IBISA Network S.A., Blink Parametric Limited, Etherisc GmbH, Demex Group Inc, Raincoat Inc., Otonomi Ltd., FloodFlash Ltd., Nexus Mutual Ltd., Tidal Finance Ltd., Veteran Sandra DeSilva

Need data on a specific region in this market?

What Are Latest Mergers And Acquisitions In The Smart Contracts In Parametric Insurance Market? IBISA Partners With Ensuro And One Acre Fund For Blockchain-Based Farm Insurance

In May 2025, IBISA Network S.A., a Luxembourg-based climate insurtech company, partnered with Ensuro and One Acre Fund to empower farmers through smart, swift, and secure climate risk protection. This partnership aims to deliver an affordable, blockchain-based parametric insurance solution that leverages satellite data and smart contracts to automate claims processing, reduce administrative costs, and ensure timely payouts to smallholder farmers affected by adverse weather events. Ensuro is a US-based provider of blockchain-based parametric insurance, and One Acre Fund is a Kenya-based social enterprise.

What Is The Regional Outlook For The Global Smart Contracts In Parametric Insurance Market?

North America was the largest region in the smart contracts in parametric insurance market in 2024. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Smart Contracts In Parametric Insurance Market?

The smart contracts in parametric insurance market consists of revenues earned by entities by providing services such as automated claims processing, real-time data integration, risk assessment modeling, policy issuance and management, blockchain infrastructure development, and smart contract coding and deployment. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Smart Contracts In Parametric Insurance Industry?

The smart contracts in parametric insurance market research report is one of a series of new reports from The Business Research Company that provides market statistics, including the smart contracts in parametric insurance industry global market size, regional shares, competitors with the market share, detailed market segments, market trends, opportunities, and any further data you may need to thrive in the smart contracts in parametric insurance industry. This smart contracts in parametric insurance market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Author : Abdul Wasay

Smart Contracts In Parametric Insurance Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $11.32 billion
Revenue Forecast In 2034 $18.56 billion
Growth Rate CAGR of 13.2% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered Solution, Type Of Parametric Insurance, Technology, End-User
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled AXA Group, Aon plc, NEC Corporation India Private Limited, Ensuro Technologies SL, Descartes Underwriting SAS, ScienceSoft USA Corporation, WalkingTree Technologies Private Limited, Tractable Ltd., Chainlink Foundation, Arbol Inc., IBISA Network S.A., Blink Parametric Limited, Etherisc GmbH, Demex Group Inc, Raincoat Inc., Otonomi Ltd., FloodFlash Ltd., Nexus Mutual Ltd., Tidal Finance Ltd., Veteran Sandra DeSilva
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

2. Smart Contracts In Parametric Insurance Market Characteristics

3. Smart Contracts In Parametric Insurance Market Trends And Strategies

4. Smart Contracts In Parametric Insurance Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Smart Contracts In Parametric Insurance Growth Analysis And Strategic Analysis Framework

5.1. Global Smart Contracts In Parametric Insurance PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Smart Contracts In Parametric Insurance Market Growth Rate Analysis

5.4. Global Smart Contracts In Parametric Insurance Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Smart Contracts In Parametric Insurance Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Smart Contracts In Parametric Insurance Total Addressable Market (TAM)

6. Smart Contracts In Parametric Insurance Market Segmentation

6.1. Global Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Parametric Insurance Software

Services

6.2. Global Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Natural Catastrophe Insurance

Specialty Insurance

Other Types Of Parametric Insurance

6.3. Global Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Blockchain-Based Smart Contracts

Artificial Intelligence Or Machine Learning-Integrated Smart Contracts

Internet of Things (IoT)-Enabled Smart Contracts

Other Technologies

6.4. Global Smart Contracts In Parametric Insurance Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Corporations

Individuals

Government And Public Sector

6.5. Global Smart Contracts In Parametric Insurance Market, Sub-Segmentation Of Parametric Insurance Software, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Cloud-Based

On Premises

6.6. Global Smart Contracts In Parametric Insurance Market, Sub-Segmentation Of Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Implementation And Integration Services

Consulting And Training Services

Support And Maintenance Services

7. Smart Contracts In Parametric Insurance Market Regional And Country Analysis

7.1. Global Smart Contracts In Parametric Insurance Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Smart Contracts In Parametric Insurance Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Smart Contracts In Parametric Insurance Market

8.1. Asia-Pacific Smart Contracts In Parametric Insurance Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Smart Contracts In Parametric Insurance Market

9.1. China Smart Contracts In Parametric Insurance Market Overview

9.2. China Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Smart Contracts In Parametric Insurance Market

10.1. India Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Smart Contracts In Parametric Insurance Market

11.1. Japan Smart Contracts In Parametric Insurance Market Overview

11.2. Japan Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Smart Contracts In Parametric Insurance Market

12.1. Australia Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Smart Contracts In Parametric Insurance Market

13.1. Indonesia Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Smart Contracts In Parametric Insurance Market

14.1. South Korea Smart Contracts In Parametric Insurance Market Overview

14.2. South Korea Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Smart Contracts In Parametric Insurance Market

15.1. Western Europe Smart Contracts In Parametric Insurance Market Overview

15.2. Western Europe Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Smart Contracts In Parametric Insurance Market

16.1. UK Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Smart Contracts In Parametric Insurance Market

17.1. Germany Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Smart Contracts In Parametric Insurance Market

18.1. France Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Smart Contracts In Parametric Insurance Market

19.1. Italy Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Smart Contracts In Parametric Insurance Market

20.1. Spain Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Smart Contracts In Parametric Insurance Market

21.1. Eastern Europe Smart Contracts In Parametric Insurance Market Overview

21.2. Eastern Europe Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Smart Contracts In Parametric Insurance Market

22.1. Russia Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Smart Contracts In Parametric Insurance Market

23.1. North America Smart Contracts In Parametric Insurance Market Overview

23.2. North America Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Smart Contracts In Parametric Insurance Market

24.1. USA Smart Contracts In Parametric Insurance Market Overview

24.2. USA Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Smart Contracts In Parametric Insurance Market

25.1. Canada Smart Contracts In Parametric Insurance Market Overview

25.2. Canada Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Smart Contracts In Parametric Insurance Market

26.1. South America Smart Contracts In Parametric Insurance Market Overview

26.2. South America Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Smart Contracts In Parametric Insurance Market

27.1. Brazil Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Smart Contracts In Parametric Insurance Market

28.1. Middle East Smart Contracts In Parametric Insurance Market Overview

28.2. Middle East Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Smart Contracts In Parametric Insurance Market

29.1. Africa Smart Contracts In Parametric Insurance Market Overview

29.2. Africa Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Smart Contracts In Parametric Insurance Market Competitive Landscape And Company Profiles

30.1. Smart Contracts In Parametric Insurance Market Competitive Landscape

30.2. Smart Contracts In Parametric Insurance Market Company Profiles

30.2.1. AXA Group Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Aon plc Overview, Products and Services, Strategy and Financial Analysis

30.2.3. NEC Corporation India Private Limited Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Ensuro Technologies SL Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Descartes Underwriting SAS Overview, Products and Services, Strategy and Financial Analysis

31. Smart Contracts In Parametric Insurance Market Other Major And Innovative Companies

31.1. ScienceSoft USA Corporation

31.2. WalkingTree Technologies Private Limited

31.3. Tractable Ltd.

31.4. Chainlink Foundation

31.5. Arbol Inc.

31.6. IBISA Network S.A.

31.7. Blink Parametric Limited

31.8. Etherisc GmbH

31.9. Demex Group Inc

31.10. Raincoat Inc.

31.11. Otonomi Ltd.

31.12. FloodFlash Ltd.

31.13. Nexus Mutual Ltd.

31.14. Tidal Finance Ltd.

31.15. Veteran Sandra DeSilva

32. Global Smart Contracts In Parametric Insurance Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Smart Contracts In Parametric Insurance Market

34. Recent Developments In The Smart Contracts In Parametric Insurance Market

35. Smart Contracts In Parametric Insurance Market High Potential Countries, Segments and Strategies

35.1 Smart Contracts In Parametric Insurance Market In 2029 - Countries Offering Most New Opportunities

35.2 Smart Contracts In Parametric Insurance Market In 2029 - Segments Offering Most New Opportunities

35.3 Smart Contracts In Parametric Insurance Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Smart Contracts In Parametric Insurance Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Smart Contracts In Parametric Insurance Market, Sub-Segmentation Of Parametric Insurance Software, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Smart Contracts In Parametric Insurance Market, Sub-Segmentation Of Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Smart Contracts In Parametric Insurance Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Smart Contracts In Parametric Insurance Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Asia-Pacific, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: China, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: China, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: India, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: India, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: Japan, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Japan, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Australia, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Australia, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Indonesia, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Indonesia, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: South Korea, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: South Korea, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: Western Europe, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Western Europe, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: UK, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: UK, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: Germany, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Germany, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: France, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: France, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: Italy, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Italy, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Spain, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Spain, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Eastern Europe, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Eastern Europe, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Russia, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Russia, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: North America, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: North America, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: USA, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: USA, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: Canada, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: Canada, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: South America, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: South America, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: Brazil, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: Brazil, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Middle East, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Middle East, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Africa, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Africa, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: AXA Group Financial Performance
  • Table 78: Aon plc Financial Performance
  • Table 79: NEC Corporation India Private Limited Financial Performance
  • Table 80: Ensuro Technologies SL Financial Performance
  • Table 81: Descartes Underwriting SAS Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Smart Contracts In Parametric Insurance Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Smart Contracts In Parametric Insurance Market, Sub-Segmentation Of Parametric Insurance Software, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Smart Contracts In Parametric Insurance Market, Sub-Segmentation Of Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Smart Contracts In Parametric Insurance Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Smart Contracts In Parametric Insurance Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Asia-Pacific, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: China, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: China, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: India, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: India, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: Japan, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Japan, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Australia, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Australia, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Indonesia, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Indonesia, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: South Korea, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: South Korea, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: Western Europe, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Western Europe, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: UK, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: UK, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: Germany, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Germany, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: France, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: France, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: Italy, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Italy, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Spain, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Spain, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Eastern Europe, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Eastern Europe, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Russia, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Russia, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: North America, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: North America, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: USA, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: USA, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: Canada, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: Canada, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: South America, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: South America, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: Brazil, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: Brazil, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Middle East, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Middle East, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Africa, Smart Contracts In Parametric Insurance Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Africa, Smart Contracts In Parametric Insurance Market, Segmentation By Type Of Parametric Insurance, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Smart Contracts In Parametric Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: AXA Group Financial Performance
  • Figure 78: Aon plc Financial Performance
  • Figure 79: NEC Corporation India Private Limited Financial Performance
  • Figure 80: Ensuro Technologies SL Financial Performance
  • Figure 81: Descartes Underwriting SAS Financial Performance

Frequently Asked Questions

Smart contracts in parametric insurance are self-executing digital contracts coded on a blockchain that automatically trigger payouts when predefined conditions such as weather data or natural disaster parameters are met. They eliminate the need for manual claims processing by relying on objective data sources. Smart contracts in parametric insurance enable faster, transparent, and efficient insurance settlements with minimal human intervention. For further insights on this market, request a sample here

The market major growth driver - Rising Adoption Of Cloud-Based Systems Fueling The Growth Of The Market Due To Enhancing Scalability, Efficiency, And Real-Time Automation. For further insights on this market, request a sample here

The smart contracts in the parametric insurance market size has grown rapidly in recent years. It will grow from $9.97 billion in 2024 to $11.32 billion in 2025 at a compound annual growth rate (CAGR) of 13.5%. The growth in the historic period can be attributed to increasing climate-related disasters, rising demand for quicker claims processing, growing use of parametric insurance in agriculture, expanding awareness about disaster risk financing, and increasing microinsurance adoption in vulnerable regions. The smart contracts in the parametric insurance market size are expected to see rapid growth in the next few years. It will grow to $18.56 billion in 2029 at a compound annual growth rate (CAGR) of 13.2%. The growth in the forecast period can be attributed to growing demand for automated claim settlements, increasing uptake of decentralized insurance models, expanding interest in climate risk coverage, rising government initiatives for disaster preparedness, and increasing focus on underserved and emerging regions. Major trends in the forecast period include technological advancements in blockchain applications, innovation in automated payout systems, growing investment in smart contract-based insurance tools, development of parametric products for new risk areas, and advancement in integration of artificial intelligence (AI) and internet of things (IoT) with smart contracts. For further insights on this market, request a sample here

The smart contracts in parametric insurance market covered in this report is segmented –
1) By Solution: Parametric Insurance Software, Services
2) By Type Of Parametric Insurance: Natural Catastrophe Insurance, Specialty Insurance, Other Types Of Parametric Insurance
3) By Technology: Blockchain-Based Smart Contracts, Artificial Intelligence Or Machine Learning-Integrated Smart Contracts, Internet of Things (IoT)-Enabled Smart Contracts, Other Technologies
4) By End-User: Corporations, Individuals, Government And Public Sector Subsegments:
1) By Parametric Insurance Software: Cloud-Based, On Premises
2) By Services: Implementation And Integration Services, Consulting And Training Services, Support And Maintenance Services For further insights on this market,
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North America was the largest region in the smart contracts in parametric insurance market in 2024. The regions covered in the smart contracts in parametric insurance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Major companies operating in the smart contracts in parametric insurance market are AXA Group, Aon plc, NEC Corporation India Private Limited, Ensuro Technologies SL, Descartes Underwriting SAS, ScienceSoft USA Corporation, WalkingTree Technologies Private Limited, Tractable Ltd., Chainlink Foundation, Arbol Inc., IBISA Network S.A., Blink Parametric Limited, Etherisc GmbH, Demex Group Inc, Raincoat Inc., Otonomi Ltd., FloodFlash Ltd., Nexus Mutual Ltd., Tidal Finance Ltd., Veteran Sandra DeSilva . For further insights on this market, request a sample here.

Major trends in this market include Strategic Partnerships Drive Innovation In Parametric Insurance. For further insights on this market, request a sample here.

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