Commercial Insurance Market to Expand at 8.40% CAGR, Reaching US$ 2,094.70 Million by 2034

The global commercial insurance market value is expected to rise from US$ 935 million in 2024 to US$ 2,094.70 million by 2034. This estimated growth is expected to be driven by a promising CAGR of 8.40% in the commercial insurance market over the next decade. Enterprises are increasingly opting for insurance policies to protect their business from …

Generative AI Will be Instrumental in Unlocking the Power of Data Collected and Owned by the Commercial Insurance Sector. FMI Forecasts US$ 2,094.70 million Market Valuation by 2034.

The global commercial insurance market value is expected to rise from US$ 935 million in 2024 to US$ 2,094.70 million by 2034. This estimated growth is expected to be driven by a promising CAGR of 8.40% in the commercial insurance market over the next decade. Enterprises are increasingly opting for insurance policies to protect their …