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IT spending by insurers on cognitive/AI technologies worldwide 2016 and 2021, by type

IT spending by insurance companies on cognitive/artificial intelligence technologies worldwide in 2016 and 2021, by type (Figures expressed in millions of U.S. dollars, unless otherwise specified)

The data displays the IT spending by insurance companies on cognitive/artificial intelligence technologies worldwide in 2016 and 2021, by type. In 2016, the global insurance industry spent 76 million USD on software for cognitive/AI technologies, which is due to rise to 571 million USD by 2021.

2016	29	76	99
2021	119	571	752

IT spending by insurers on cognitive/AI technologies worldwide 2016 and 2021, by type

StatInvestor