GLOBAL AUTOMOTIVE USAGE-BASED INSURANCE MARKET 2018 BY MANUFACTURERS, COUNTRIES, TYPE AND APPLICATION, FORECAST TO 2023

Nov 2018 137

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Synopsis

Usage-based Insurance is a type of vehicle insurance whereby the costs are dependent upon type of vehicle used, measured against time, distance, behavior and place.

Scope of the Report:

The Americas region is projected to be the largest market for usage-based insurance during the forecast period. The Americas has the highest adoption rate of usage-based insurance as compared to other regions owing to higher regular insurance premiums and high sales of premium D segment and light-duty vehicles. Apart from this, vehicles with telematics and connected car services are acting as a driving factor for the usage-based insurance market.

The global Automotive Usage-based Insurance market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Automotive Usage-based Insurance.

Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.

This report studies the Automotive Usage-based Insurance market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Automotive Usage-based Insurance market by product type and applications/end industries.

Market Segment by Companies, this report covers
- Progressive
- Allstate
- Octo Telematics
- MetroMile
- Allianz
- AXA
- Liberty Mutual
- Verizon
- Movitrack Viasat
- Nationwide
- Esurance
- Safeco
- Travellers
- Liberty Mutual Insurance
- AIOI
- QBE
- Modus Group
- Intelligent Mechatronic Systems
- Inseego
- Truemotion
- Cambridge Mobile Telematics

Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
- Pay-As-You-Drive (PAYD)
- Pay-How-You-Drive (PHYD)
- Manage-How-You-Drive (MHYD)

Market Segment by Applications, can be divided into
- Light-Duty Vehicle (LDV)
- Heavy-Duty Vehicle (HDV)

Table of Contents

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GLOBAL AUTOMOTIVE USAGE-BASED INSURANCE MARKET 2018 BY MANUFACTURERS, COUNTRIES, TYPE AND APPLICATION, FORECAST TO 2023


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