Decentralized Insurance Market to Hit $135.6 Billion, Globally, by 2032 at 58.5% CAGR

Allied Market Research published a report, titled, “Decentralized Insurance Market by Type (Life Insurance, Non-life Insurance), by End User (Businesses, Individual): Global Opportunity Analysis and Industry Forecast, 2022-2032”. According to the report, the global decentralized insurance industry generated $1.4 billion in 2022, and is anticipated to generate $135.6 billion by 2032, witnessing a CAGR of 58.5% from 2023 …

Decentralized Insurance Market to Hit $135.6 Billion, Globally, by 2032 at 58.5% CAGR

The worldwide decentralized insurance market is driven by straightforwardness presented by decentralized insurance, cost-viability, and adaptability and enhancement presented by DeFi insurance. According to the report, the global decentralized insurance industry generated $1.4 billion in 2022, and is anticipated to generate $135.6 billion by 2032, witnessing a CAGR of 58.5% from 2023 to 2032 Get …