The market size, as measured by revenue, of the global insurance brokers and agencies market has been declining since 2017. From a peak of 520.4 billion U.S. dollars in 2017, the market has since fallen by almost 11 percent, and is expected to fall even further over 2021, with projections seeing the market to shrink to below 460 billion U.S. dollars.
Size of the insurance broker and agency market worldwide from 2011 to 2021
(in billion U.S. dollars)
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IBISWorld. (April 22, 2021). Size of the insurance broker and agency market worldwide from 2011 to 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 11, 2024, from https://www.statista.com/statistics/1249359/insurance-broker-agency-market-size-worldwide/
IBISWorld. "Size of the insurance broker and agency market worldwide from 2011 to 2021 (in billion U.S. dollars)." Chart. April 22, 2021. Statista. Accessed October 11, 2024. https://www.statista.com/statistics/1249359/insurance-broker-agency-market-size-worldwide/
IBISWorld. (2021). Size of the insurance broker and agency market worldwide from 2011 to 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 11, 2024. https://www.statista.com/statistics/1249359/insurance-broker-agency-market-size-worldwide/
IBISWorld. "Size of The Insurance Broker and Agency Market Worldwide from 2011 to 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Apr 2021, https://www.statista.com/statistics/1249359/insurance-broker-agency-market-size-worldwide/
IBISWorld, Size of the insurance broker and agency market worldwide from 2011 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1249359/insurance-broker-agency-market-size-worldwide/ (last visited October 11, 2024)
Size of the insurance broker and agency market worldwide from 2011 to 2021 (in billion U.S. dollars) [Graph], IBISWorld, April 22, 2021. [Online]. Available: https://www.statista.com/statistics/1249359/insurance-broker-agency-market-size-worldwide/
