Finance & Professional Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Insurance Brokerage Services
Overview
Market size
$6.0B
global, USD
CAGR
6.2%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
12
2 high severity
Market outlook
2031$8.1B
What changed
Demand by region
North America demand45%
Europe demand30%
Asia Pacific demand15%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
Personnel and Licensed Broker Salaries55%
Technology Infrastructure and InsurTech Software18%
Regulatory Compliance and Licensing Fees12%
Office Operations and Real Estate8%
Travel and Client Acquisition Expenses7%
share of delivered cost (analyst estimate)