Experts Predict: Connected Device Risk Assessment Will Shape Future of Insurance
As the Internet of Things (IoT) continues to proliferate, the significance of connected device risk assessment in the insurance sector has never been more critical. With the market expected to soar to $25 billion by 2035 from $5.82 billion in 2024, this evolution represents a remarkable CAGR of 14.17%. The demand for IoT based insurance solutions is reshaping the way insurers evaluate risks and...
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