Global Internet of Things Insurance Market 2020 by Company, Regions, Type and Application, Forecast to 2025

Global Internet of Things Insurance Market 2020 by Company, Regions, Type and Application, Forecast to 2025

Table of Contents

1 Internet of Things Insurance Market Overview
1.1 Product Overview and Scope of Internet of Things Insurance
1.2 Classification of Internet of Things Insurance by Type
1.2.1 Global Internet of Things Insurance Revenue by Type: 2015 VS 2019 VS 2025
1.2.2 Global Internet of Things Insurance Revenue Market Share by Type in 2019
1.2.3 Property & Casualty Insurance
1.2.4 Health Insurance
1.2.5 Life Insurance
1.2.6 Others
1.3 Global Internet of Things Insurance Market by Application
1.3.1 Overview: Global Internet of Things Insurance Revenue by Application: 2015 VS 2019 VS 2025
1.3.2 Automotive & Transportation
1.3.3 Home & Commercial Building
1.3.4 Life & Health
1.3.5 Business & Enterprise
1.3.6 Travel
1.3.7 Others
1.4 Global Internet of Things Insurance Market by Regions
1.4.1 Global Internet of Things Insurance Market Size by Regions: 2015 VS 2019 VS 2025
1.4.2 Global Market Size of Internet of Things Insurance (2015-2025)
1.4.3 North America (USA, Canada and Mexico) Internet of Things Insurance Status and Prospect (2015-2025)
1.4.4 Europe (Germany, France, UK, Russia and Italy) Internet of Things Insurance Status and Prospect (2015-2025)
1.4.5 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Internet of Things Insurance Status and Prospect (2015-2025)
1.4.6 South America (Brazil, Argentina, Colombia) Internet of Things Insurance Status and Prospect (2015-2025)
1.4.7 Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Internet of Things Insurance Status and Prospect (2015-2025)
2 Company Profiles
2.1 IBM Corporation
2.1.1 IBM Corporation Details
2.1.2 IBM Corporation Major Business and Total Revenue (Financial Highlights) Analysis
2.1.3 IBM Corporation SWOT Analysis
2.1.4 IBM Corporation Product and Services
2.1.5 IBM Corporation Internet of Things Insurance Revenue, Gross Margin and Market Share (2018-2019)
2.2 Verisk Analytics
2.2.1 Verisk Analytics Details
2.2.2 Verisk Analytics Major Business and Total Revenue (Financial Highlights) Analysis
2.2.3 Verisk Analytics SWOT Analysis
2.2.4 Verisk Analytics Product and Services
2.2.5 Verisk Analytics Internet of Things Insurance Revenue, Gross Margin and Market Share (2018-2019)
2.3 Google
2.3.1 Google Details
2.3.2 Google Major Business and Total Revenue (Financial Highlights) Analysis
2.3.3 Google SWOT Analysis
2.3.4 Google Product and Services
2.3.5 Google Internet of Things Insurance Revenue, Gross Margin and Market Share (2018-2019)
2.4 SAP SE
2.4.1 SAP SE Details
2.4.2 SAP SE Major Business and Total Revenue (Financial Highlights) Analysis
2.4.3 SAP SE SWOT Analysis
2.4.4 SAP SE Product and Services
2.4.5 SAP SE Internet of Things Insurance Revenue, Gross Margin and Market Share (2018-2019)
2.5 Accenture PLC
2.5.1 Accenture PLC Details
2.5.2 Accenture PLC Major Business and Total Revenue (Financial Highlights) Analysis
2.5.3 Accenture PLC SWOT Analysis
2.5.4 Accenture PLC Product and Services
2.5.5 Accenture PLC Internet of Things Insurance Revenue, Gross Margin and Market Share (2018-2019)
2.6 Oracle Corporation
2.6.1 Oracle Corporation Details
2.6.2 Oracle Corporation Major Business and Total Revenue (Financial Highlights) Analysis
2.6.3 Oracle Corporation SWOT Analysis
2.6.4 Oracle Corporation Product and Services
2.6.5 Oracle Corporation Internet of Things Insurance Revenue, Gross Margin and Market Share (2018-2019)
2.7 Zonoff
2.7.1 Zonoff Details
2.7.2 Zonoff Major Business and Total Revenue (Financial Highlights) Analysis
2.7.3 Zonoff SWOT Analysis
2.7.4 Zonoff Product and Services
2.7.5 Zonoff Internet of Things Insurance Revenue, Gross Margin and Market Share (2018-2019)
2.8 Cisco System
2.8.1 Cisco System Details
2.8.2 Cisco System Major Business and Total Revenue (Financial Highlights) Analysis
2.8.3 Cisco System SWOT Analysis
2.8.4 Cisco System Product and Services
2.8.5 Cisco System Internet of Things Insurance Revenue, Gross Margin and Market Share (2018-2019)
2.9 Microsoft Corporation
2.9.1 Microsoft Corporation Details
2.9.2 Microsoft Corporation Major Business and Total Revenue (Financial Highlights) Analysis
2.9.3 Microsoft Corporation SWOT Analysis
2.9.4 Microsoft Corporation Product and Services
2.9.5 Microsoft Corporation Internet of Things Insurance Revenue, Gross Margin and Market Share (2018-2019)
2.10 Concirrus
2.10.1 Concirrus Details
2.10.2 Concirrus Major Business and Total Revenue (Financial Highlights) Analysis
2.10.3 Concirrus SWOT Analysis
2.10.4 Concirrus Product and Services
2.10.5 Concirrus Internet of Things Insurance Revenue, Gross Margin and Market Share (2018-2019)
3 Market Competition, by Players
3.1 Global Internet of Things Insurance Revenue and Share by Players (2015-2020)
3.2 Market Concentration Rate
3.2.1 Top 5 Internet of Things Insurance Players Market Share
3.2.2 Top 10 Internet of Things Insurance Players Market Share
3.3 Market Competition Trend
4 Market Size by Regions
4.1 Global Internet of Things Insurance Revenue and Market Share by Regions
4.2 North America Internet of Things Insurance Revenue and Growth Rate (2015-2020)
4.3 Europe Internet of Things Insurance Revenue and Growth Rate (2015-2020)
4.4 Asia-Pacific Internet of Things Insurance Revenue and Growth Rate (2015-2020)
4.5 South America Internet of Things Insurance Revenue and Growth Rate (2015-2020)
4.6 Middle East & Africa Internet of Things Insurance Revenue and Growth Rate (2015-2020)
5 North America Internet of Things Insurance Revenue by Countries
5.1 North America Internet of Things Insurance Revenue by Countries (2015-2020)
5.2 USA Internet of Things Insurance Revenue and Growth Rate (2015-2020)
5.3 Canada Internet of Things Insurance Revenue and Growth Rate (2015-2020)
5.4 Mexico Internet of Things Insurance Revenue and Growth Rate (2015-2020)
6 Europe Internet of Things Insurance Revenue by Countries
6.1 Europe Internet of Things Insurance Revenue by Countries (2015-2020)
6.2 Germany Internet of Things Insurance Revenue and Growth Rate (2015-2020)
6.3 UK Internet of Things Insurance Revenue and Growth Rate (2015-2020)
6.4 France Internet of Things Insurance Revenue and Growth Rate (2015-2020)
6.5 Russia Internet of Things Insurance Revenue and Growth Rate (2015-2020)
6.6 Italy Internet of Things Insurance Revenue and Growth Rate (2015-2020)
7 Asia-Pacific Internet of Things Insurance Revenue by Countries
7.1 Asia-Pacific Internet of Things Insurance Revenue by Countries (2015-2020)
7.2 China Internet of Things Insurance Revenue and Growth Rate (2015-2020)
7.3 Japan Internet of Things Insurance Revenue and Growth Rate (2015-2020)
7.4 Korea Internet of Things Insurance Revenue and Growth Rate (2015-2020)
7.5 India Internet of Things Insurance Revenue and Growth Rate (2015-2020)
7.6 Southeast Asia Internet of Things Insurance Revenue and Growth Rate (2015-2020)
8 South America Internet of Things Insurance Revenue by Countries
8.1 South America Internet of Things Insurance Revenue by Countries (2015-2020)
8.2 Brazil Internet of Things Insurance Revenue and Growth Rate (2015-2020)
8.3 Argentina Internet of Things Insurance Revenue and Growth Rate (2015-2020)
9 Middle East & Africa Revenue Internet of Things Insurance by Countries
9.1 Middle East & Africa Internet of Things Insurance Revenue by Countries (2015-2020)
9.2 Saudi Arabia Internet of Things Insurance Revenue and Growth Rate (2015-2020)
9.3 UAE Internet of Things Insurance Revenue and Growth Rate (2015-2020)
9.4 Egypt Internet of Things Insurance Revenue and Growth Rate (2015-2020)
9.5 South Africa Internet of Things Insurance Revenue and Growth Rate (2015-2020)
10 Market Size Segment by Type
10.1 Global Internet of Things Insurance Revenue and Market Share by Type (2015-2020)
10.2 Global Internet of Things Insurance Market Forecast by Type (2019-2024)
10.3 Property & Casualty Insurance Revenue Growth Rate (2015-2025)
10.4 Health Insurance Revenue Growth Rate (2015-2025)
10.5 Life Insurance Revenue Growth Rate (2015-2025)
10.6 Others Revenue Growth Rate (2015-2025)
11 Global Internet of Things Insurance Market Segment by Application
11.1 Global Internet of Things Insurance Revenue Market Share by Application (2015-2020)
11.2 Internet of Things Insurance Market Forecast by Application (2019-2024)
11.3 Automotive & Transportation Revenue Growth (2015-2020)
11.4 Home & Commercial Building Revenue Growth (2015-2020)
11.5 Life & Health Revenue Growth (2015-2020)
11.6 Business & Enterprise Revenue Growth (2015-2020)
11.7 Travel Revenue Growth (2015-2020)
11.8 Others Revenue Growth (2015-2020)
12 Global Internet of Things Insurance Market Size Forecast (2021-2025)
12.1 Global Internet of Things Insurance Market Size Forecast (2021-2025)
12.2 Global Internet of Things Insurance Market Forecast by Regions (2021-2025)
12.3 North America Internet of Things Insurance Revenue Market Forecast (2021-2025)
12.4 Europe Internet of Things Insurance Revenue Market Forecast (2021-2025)
12.5 Asia-Pacific Internet of Things Insurance Revenue Market Forecast (2021-2025)
12.6 South America Internet of Things Insurance Revenue Market Forecast (2021-2025)
12.7 Middle East & Africa Internet of Things Insurance Revenue Market Forecast (2021-2025)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source
14.3 Disclaimer
14.4 About US

List of Tables

Table 1. Global Internet of Things Insurance Revenue (USD Million) by Type: 2015 VS 2019 VS 2025
Table 2. Breakdown of Internet of Things Insurance by Company Type (Tier 1, Tier 2 and Tier 3)
Table 3. Global Internet of Things Insurance Revenue (USD Million) by Application: 2015 VS 2019 VS 2025
Table 4. Global Market Internet of Things Insurance Revenue (Million USD) Comparison by Regions 2015-2025
Table 5. IBM Corporation Corporate Information, Location and Competitors
Table 6. IBM Corporation Internet of Things Insurance Major Business
Table 7. IBM Corporation Internet of Things Insurance Total Revenue (USD Million) (2017-2018)
Table 8. IBM Corporation SWOT Analysis
Table 9. IBM Corporation Internet of Things Insurance Product and Solutions
Table 10. IBM Corporation Internet of Things Insurance Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 11. Verisk Analytics Corporate Information, Location and Competitors
Table 12. Verisk Analytics Internet of Things Insurance Major Business
Table 13. Verisk Analytics Internet of Things Insurance Total Revenue (USD Million) (2018-2019)
Table 14. Verisk Analytics SWOT Analysis
Table 15. Verisk Analytics Internet of Things Insurance Product and Solutions
Table 16. Verisk Analytics Internet of Things Insurance Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 17. Google Corporate Information, Location and Competitors
Table 18. Google Internet of Things Insurance Major Business
Table 19. Google Internet of Things Insurance Total Revenue (USD Million) (2017-2018)
Table 20. Google SWOT Analysis
Table 21. Google Internet of Things Insurance Product and Solutions
Table 22. Google Internet of Things Insurance Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 23. SAP SE Corporate Information, Location and Competitors
Table 24. SAP SE Internet of Things Insurance Major Business
Table 25. SAP SE Internet of Things Insurance Total Revenue (USD Million) (2017-2018)
Table 26. SAP SE SWOT Analysis
Table 27. SAP SE Internet of Things Insurance Product and Solutions
Table 28. SAP SE Internet of Things Insurance Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 29. Accenture PLC Corporate Information, Location and Competitors
Table 30. Accenture PLC Internet of Things Insurance Major Business
Table 31. Accenture PLC Internet of Things Insurance Total Revenue (USD Million) (2017-2018)
Table 32. Accenture PLC SWOT Analysis
Table 33. Accenture PLC Internet of Things Insurance Product and Solutions
Table 34. Accenture PLC Internet of Things Insurance Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 35. Oracle Corporation Corporate Information, Location and Competitors
Table 36. Oracle Corporation Internet of Things Insurance Major Business
Table 37. Oracle Corporation Internet of Things Insurance Total Revenue (USD Million) (2017-2018)
Table 38. Oracle Corporation SWOT Analysis
Table 39. Oracle Corporation Internet of Things Insurance Product and Solutions
Table 40. Oracle Corporation Internet of Things Insurance Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 41. Zonoff Corporate Information, Location and Competitors
Table 42. Zonoff Internet of Things Insurance Major Business
Table 43. Zonoff Internet of Things Insurance Total Revenue (USD Million) (2017-2018)
Table 44. Zonoff SWOT Analysis
Table 45. Zonoff Internet of Things Insurance Product and Solutions
Table 46. Zonoff Internet of Things Insurance Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 47. Cisco System Corporate Information, Location and Competitors
Table 48. Cisco System Internet of Things Insurance Major Business
Table 49. Cisco System Internet of Things Insurance Total Revenue (USD Million) (2017-2018)
Table 50. Cisco System SWOT Analysis
Table 51. Cisco System Internet of Things Insurance Product and Solutions
Table 52. Cisco System Internet of Things Insurance Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 53. Microsoft Corporation Corporate Information, Location and Competitors
Table 54. Microsoft Corporation Internet of Things Insurance Major Business
Table 55. Microsoft Corporation Internet of Things Insurance Total Revenue (USD Million) (2017-2018)
Table 56. Microsoft Corporation SWOT Analysis
Table 57. Microsoft Corporation Internet of Things Insurance Product and Solutions
Table 58. Microsoft Corporation Internet of Things Insurance Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 59. Concirrus Corporate Information, Location and Competitors
Table 60. Concirrus Internet of Things Insurance Major Business
Table 61. Concirrus Internet of Things Insurance Total Revenue (USD Million) (2017-2018)
Table 62. Concirrus SWOT Analysis
Table 63. Concirrus Internet of Things Insurance Product and Solutions
Table 64. Concirrus Internet of Things Insurance Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 65. Global Internet of Things Insurance Revenue (Million USD) by Players (2015-2020)
Table 66. Global Internet of Things Insurance Revenue Share by Players (2015-2020)
Table 67. Global Internet of Things Insurance Revenue (Million USD) by Regions (2015-2020)
Table 68. Global Internet of Things Insurance Revenue Market Share by Regions (2015-2020)
Table 69. North America Internet of Things Insurance Revenue by Countries (2015-2020)
Table 70. North America Internet of Things Insurance Revenue Market Share by Countries (2015-2020)
Table 71. Europe Internet of Things Insurance Revenue (Million USD) by Countries (2015-2020)
Table 72. Asia-Pacific Internet of Things Insurance Revenue (Million USD) by Countries (2015-2020)
Table 73. South America Internet of Things Insurance Revenue by Countries (2015-2020)
Table 74. South America Internet of Things Insurance Revenue Market Share by Countries (2015-2020)
Table 75. Middle East and Africa Internet of Things Insurance Revenue (Million USD) by Countries (2015-2020)
Table 76. Middle East and Africa Internet of Things Insurance Revenue Market Share by Countries (2015-2020)
Table 77. Global Internet of Things Insurance Revenue (Million USD) by Type (2015-2020)
Table 78. Global Internet of Things Insurance Revenue Share by Type (2015-2020)
Table 79. Global Internet of Things Insurance Revenue Forecast by Type (2021-2025)
Table 80. Global Internet of Things Insurance Revenue by Application (2015-2020)
Table 81. Global Internet of Things Insurance Revenue Share by Application (2015-2020)
Table 82. Global Internet of Things Insurance Revenue Forecast by Application (2021-2025)
Table 83. Global Internet of Things Insurance Revenue (Million USD) Forecast by Regions (2021-2025)

List of Figures

Figure 1. Internet of Things Insurance Picture
Figure 2. Global Internet of Things Insurance Revenue Market Share by Type in 2019
Figure 3. Property & Casualty Insurance Picture
Figure 4. Health Insurance Picture
Figure 5. Life Insurance Picture
Figure 6. Others Picture
Figure 7. Internet of Things Insurance Revenue Market Share by Application in 2019
Figure 8. Automotive & Transportation Picture
Figure 9. Home & Commercial Building Picture
Figure 10. Life & Health Picture
Figure 11. Business & Enterprise Picture
Figure 12. Travel Picture
Figure 13. Others Picture
Figure 14. Global Internet of Things Insurance Revenue (USD Million) and Growth Rate (2015-2025)
Figure 15. North America Internet of Things Insurance Revenue (Million USD) and Growth Rate (2015-2025)
Figure 16. Europe Internet of Things Insurance Revenue (Million USD) and Growth Rate (2015-2025)
Figure 17. Asia-Pacific Internet of Things Insurance Revenue (Million USD) and Growth Rate (2015-2025)
Figure 18. South America Internet of Things Insurance Revenue (Million USD) and Growth Rate (2015-2025)
Figure 19. Middle East and Africa Internet of Things Insurance Revenue (Million USD) and Growth Rate (2015-2025)
Figure 20. Global Internet of Things Insurance Revenue (Million USD) and Growth Rate (2015-2025)
Figure 21. Global Internet of Things Insurance Revenue Share by Players in 2019
Figure 22. Global Top 5 Players Internet of Things Insurance Revenue Market Share in 2019
Figure 23. Global Top 10 Players Internet of Things Insurance Revenue Market Share in 2019
Figure 24. Key Players Market Share Trend
Figure 25. Global Internet of Things Insurance Revenue (Million USD) and Growth Rate (%) (2015-2020)
Figure 26. Global Internet of Things Insurance Revenue Market Share by Regions (2015-2020)
Figure 27. Global Internet of Things Insurance Revenue Market Share by Regions in 2018
Figure 28. North America Internet of Things Insurance Revenue and Growth Rate (2015-2020)
Figure 29. Europe Internet of Things Insurance Revenue and Growth Rate (2015-2020)
Figure 30. Asia-Pacific Internet of Things Insurance Revenue and Growth Rate (2015-2020)
Figure 31. South America Internet of Things Insurance Revenue and Growth Rate (2015-2020)
Figure 32. Middle East and Africa Internet of Things Insurance Revenue and Growth Rate (2015-2020)
Figure 33. North America Internet of Things Insurance Revenue Market Share by Countries (2015-2020)
Figure 34. North America Internet of Things Insurance Revenue Market Share by Countries in 2019
Figure 35. USA Internet of Things Insurance Revenue and Growth Rate (2015-2020)
Figure 36. Canada Internet of Things Insurance Revenue and Growth Rate (2015-2020)
Figure 37. Mexico Internet of Things Insurance Revenue and Growth Rate (2015-2020)
Figure 38. Europe Internet of Things Insurance Revenue Market Share by Countries (2015-2020)
Figure 39. Europe Internet of Things Insurance Revenue Market Share by Countries in 2019
Figure 40. Germany Internet of Things Insurance Revenue and Growth Rate (2015-2020)
Figure 41. UK Internet of Things Insurance Revenue and Growth Rate (2015-2020)
Figure 42. France Internet of Things Insurance Revenue and Growth Rate (2015-2020)
Figure 43. Russia Internet of Things Insurance Revenue and Growth Rate (2015-2020)
Figure 44. Italy Internet of Things Insurance Revenue and Growth Rate (2015-2020)
Figure 45. Asia-Pacific Internet of Things Insurance Revenue Market Share by Countries (2015-2020)
Figure 46. Asia-Pacific Internet of Things Insurance Revenue Market Share by Countries in 2019
Figure 47. China Internet of Things Insurance Revenue and Growth Rate (2015-2020)
Figure 48. Japan Internet of Things Insurance Revenue and Growth Rate (2015-2020)
Figure 49. Korea Internet of Things Insurance Revenue and Growth Rate (2015-2020)
Figure 50. India Internet of Things Insurance Revenue and Growth Rate (2015-2020)
Figure 51. Southeast Asia Internet of Things Insurance Revenue and Growth Rate (2015-2020)
Figure 52. South America Internet of Things Insurance Revenue Market Share by Countries (2015-2020)
Figure 53. South America Internet of Things Insurance Revenue Market Share by Countries in 2019
Figure 54. Brazil Internet of Things Insurance Revenue and Growth Rate (2015-2020)
Figure 55. Argentina Internet of Things Insurance Revenue and Growth Rate (2015-2020)
Figure 56. Middle East and Africa Internet of Things Insurance Revenue Market Share by Countries (2015-2020)
Figure 57. Middle East and Africa Internet of Things Insurance Revenue Market Share by Countries in 2019
Figure 58. Saudi Arabia Internet of Things Insurance Revenue and Growth Rate (2015-2020)
Figure 59. UAE Internet of Things Insurance Revenue and Growth Rate (2015-2020)
Figure 60. Egypt Internet of Things Insurance Revenue and Growth Rate (2015-2020)
Figure 61. South Africa Internet of Things Insurance Revenue and Growth Rate (2015-2020)
Figure 62. Global Internet of Things Insurance Revenue Share by Type (2015-2020)
Figure 63. Global Internet of Things Insurance Revenue Share by Type in 2019
Figure 64. Global Internet of Things Insurance Market Share Forecast by Type (2021-2025)
Figure 65. Global Property & Casualty Insurance Revenue Growth Rate (2015-2020)
Figure 66. Global Health Insurance Revenue Growth Rate (2015-2020)
Figure 67. Global Life Insurance Revenue Growth Rate (2015-2020)
Figure 68. Global Others Revenue Growth Rate (2015-2020)
Figure 69. Global Internet of Things Insurance Revenue Share by Application (2015-2020)
Figure 70. Global Internet of Things Insurance Revenue Share by Application in 2019
Figure 71. Global Internet of Things Insurance Market Share Forecast by Application (2021-2025)
Figure 72. Global Automotive & Transportation Revenue Growth Rate (2015-2020)
Figure 73. Global Home & Commercial Building Revenue Growth Rate (2015-2020)
Figure 74. Global Life & Health Revenue Growth Rate (2015-2020)
Figure 75. Global Business & Enterprise Revenue Growth Rate (2015-2020)
Figure 76. Global Travel Revenue Growth Rate (2015-2020)
Figure 77. Global Others Revenue Growth Rate (2015-2020)
Figure 78. Global Internet of Things Insurance Revenue (Million USD) and Growth Rate Forecast (2021-2025)
Figure 79. Global Internet of Things Insurance Revenue (Million USD) Forecast by Regions (2021-2025)
Figure 80. Global Internet of Things Insurance Revenue Market Share Forecast by Regions (2021-2025)
Figure 81. North America Internet of Things Insurance Revenue Market Forecast (2021-2025)
Figure 82. Europe Internet of Things Insurance Revenue Market Forecast (2021-2025)
Figure 83. Asia-Pacific Internet of Things Insurance Revenue Market Forecast (2021-2025)
Figure 84. South America Internet of Things Insurance Revenue Market Forecast (2021-2025)
Figure 85. Middle East and Africa Internet of Things Insurance Revenue Market Forecast (2021-2025)
Figure 86. Sales Channel: Direct Channel vs Indirect Channel

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