DUBLIN, Aug. 4, 2021 /PRNewswire/ — The “Life Insurance Providers Global Market Opportunities and Strategies to 2030: COVID-19 Impact and Recovery” report has been added to ResearchAndMarkets.com’s offering.
This report provides strategists, marketers and senior management with the critical information they need to assess the global life insurance providers market as it emerges from the COVID-19 shut down.
The global life insurance providers market reached a value of nearly $2,860.4 billion in 2020, having increased at a compound annual growth rate (CAGR) of 1.8% since 2015. The market is expected to grow from $2,860.4 billion in 2020 to $3,550.8 billion in 2025 at a rate of 4.4%. The growth is mainly due to the growing awareness about investing in life insurance policies due to an increase in chronic illnesses. The market is expected to grow from $3,550.8 billion in 2025 to $4,266.6 billion in 2030 at a CAGR of 3.7%.
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