Number of open insurance users globally 2021, with forecasts for 2024 and 2032
In 2021, there were just over 15 million open insurance users worldwide. It is forecasted that in 2024, this number will be more than five times higher, and in 2032, there will be more than 812 million open insurance users globally. Open insurance refers to the sharing of large volumes of structured data within a digital ecosystem, in order to spur the development of new and innovative insurance options to be made available for consumers.