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Market growth of the insurance technology industry in China from 2016 to 2021 (in billion yuan)
Growth rate of the insurtech industry in China 2016-2021
In 2021, the size of the insurtech industry in China grew by almost ** percent. According to the forecast, the online insurance market was projected to be valued at over *** billion yuan by 2025. However, in 2022, the market took a sever hit and lost around ** billion yuan in market size compared to 2021.The idea behind insurtech is that innovation and new technology can increase the efficiency of the insurance industry. In China, established insurance companies, as well as startups, develop this business sector.
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Zhihu. (June 6, 2023). Market growth of the insurance technology industry in China from 2016 to 2021 (in billion yuan) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 30, 2026, from /statistics/1402032/china-growth-rate-of-the-insurtech-industry/
Zhihu. "Market growth of the insurance technology industry in China from 2016 to 2021 (in billion yuan)." Chart. June 6, 2023. ÌÇÐÄÆƽâ°æ. Accessed July 30, 2026. /statistics/1402032/china-growth-rate-of-the-insurtech-industry/
Zhihu. (2023). Market growth of the insurance technology industry in China from 2016 to 2021 (in billion yuan). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 30, 2026. /statistics/1402032/china-growth-rate-of-the-insurtech-industry/
Zhihu. "Market Growth of The Insurance Technology Industry in China from 2016 to 2021 (in Billion Yuan)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 6 Jun 2023, /statistics/1402032/china-growth-rate-of-the-insurtech-industry/
Zhihu, Market growth of the insurance technology industry in China from 2016 to 2021 (in billion yuan) ÌÇÐÄÆƽâ°æ, /statistics/1402032/china-growth-rate-of-the-insurtech-industry/ (last visited July 30, 2026)
Market growth of the insurance technology industry in China from 2016 to 2021 (in billion yuan) [Graph], Zhihu, June 6, 2023. [Online]. Available: /statistics/1402032/china-growth-rate-of-the-insurtech-industry/
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