Usage-Based Insurance Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Vehicle Type (Passenger Car, Commercial Vehicle), By Vehicle Age (New Vehicles, Used Vehicles), By Policy Type (Pay-As-You-Drive Insurance (PAYD),

Usage-Based Insurance Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Vehicle Type (Passenger Car, Commercial Vehicle), By Vehicle Age (New Vehicles, Used Vehicles), By Policy Type (Pay-As-You-Drive Insurance (PAYD), Pay-How-You-Drive Insurance (PHYD), and Manage-How-You-Drive Insurance (MHYD)), By Region, By Competition , 2018-2028


Global Usage-Based Insurance Market was valued at USD 25.21 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 26.32% through 2028. Usage-Based Insurance (UBI) is a revolutionary paradigm shift in the insurance industry, transforming traditional risk assessment and premium calculation methods. UBI leverages advanced telematics technology to monitor and evaluate an individual's driving behavior, offering personalized and fairer insurance rates based on actual usage data.

The core principle of UBI is to reward safe and responsible driving while encouraging policyholders to adopt better driving habits. Telematics devices, typically installed in vehicles, collect data on factors such as speed, acceleration, braking, and even location, allowing insurers to assess risk more accurately. This data-driven approach benefits both insurers and policyholders. Insurers can tailor premiums to match the specific risk profile of each driver, ultimately reducing overall claims costs and improving profitability. Policyholders, on the other hand, can potentially lower their premiums by demonstrating safe driving practices.

UBI has gained significant traction worldwide, with insurers offering various UBI programs and products. The global adoption of UBI has also led to increased competition, innovation, and improved road safety. However, it raises important questions about data privacy and security, as insurers handle sensitive driving data. As UBI continues to evolve, it will likely shape the future of auto insurance by promoting safer driving habits and creating a more equitable insurance landscape for consumers.

Key Market Drivers

Technological Advancements

One of the primary drivers behind the global growth of Usage-Based Insurance (UBI) is the rapid advancement of technology. The proliferation of smartphones and the widespread availability of GPS and telematics devices have made it easier than ever for insurance companies to collect real-time data on driving behavior. This technological evolution has enabled insurers to accurately assess risk and calculate premiums based on individual driving habits. As more consumers embrace smartphones and connected vehicles, the infrastructure for UBI becomes increasingly accessible, fostering its expansion around the world. Additionally, advancements in data analytics and artificial intelligence have empowered insurers to process vast amounts of telematics data efficiently, allowing for more personalized and competitive insurance offerings.

Cost Reduction and Profitability

Another significant driver propelling the adoption of UBI on a global scale is its potential to reduce costs and enhance profitability for insurance companies. Traditional auto insurance models often rely on static factors such as age, gender, and location to estimate risk and set premiums. This approach can result in overpricing for low-risk drivers and underpricing for high-risk drivers. UBI, however, leverages dynamic data on driving behavior, enabling insurers to more accurately assess risk. By pricing policies based on individual performance, insurers can reduce claims payouts for safer drivers while charging higher premiums to those who engage in riskier behaviors. As a result, insurance companies can optimize their portfolios, maintain healthier profit margins, and remain competitive in an increasingly data-driven industry.

Changing Consumer Expectations

The evolving expectations of consumers play a pivotal role in the global expansion of UBI. Modern consumers demand more personalized, transparent, and flexible insurance solutions. They are increasingly willing to share their data in exchange for tailored products and cost savings. UBI meets these expectations by offering drivers the opportunity to actively influence their insurance premiums through their driving habits. Policyholders are incentivized to adopt safer behaviors, such as obeying speed limits and avoiding harsh braking, to secure lower insurance costs. This shift toward a more interactive and individualized insurance experience has garnered significant interest among tech-savvy and price-conscious consumers, thus driving the global adoption of UBI. Furthermore, as awareness of UBI benefits spreads, more individuals are likely to consider making the switch to usage-based policies.

Regulatory Support and Incentives

The support of regulatory bodies and government incentives has been a critical driver in the global expansion of Usage-Based Insurance. In many regions, governments recognize the potential benefits of UBI in promoting road safety, reducing emissions, and easing traffic congestion. Consequently, they have introduced policies and incentives to encourage the adoption of telematics-based insurance programs. These measures include tax incentives, reduced registration fees for vehicles equipped with telematics devices, and mandates for insurance companies to offer UBI options. By aligning their policies with the promotion of UBI, governments can achieve their goals of safer roads and reduced environmental impact while simultaneously fostering innovation in the insurance industry. This regulatory support not only legitimizes UBI but also accelerates its growth by creating a favorable environment for insurers to develop and market usage-based products.

In conclusion, the global adoption of Usage-Based Insurance (UBI) is driven by a confluence of factors, including technological advancements, cost reduction and profitability, changing consumer expectations, and regulatory support. As technology continues to advance and data analytics become more sophisticated, UBI is becoming an increasingly attractive option for insurance companies seeking to refine risk assessment and offer personalized policies. Consumers, too, are drawn to UBI by the promise of lower premiums and a more interactive insurance experience. Moreover, the endorsement of UBI by governments and regulatory bodies further cements its place in the insurance landscape, as policymakers recognize the potential benefits for road safety and environmental sustainability. As these drivers continue to shape the industry, UBI is poised to become a standard feature in the global insurance market, offering benefits for both insurers and policyholders alike.

Key Market Challenges

Privacy Concerns and Data Security

One of the foremost challenges facing global Usage-Based Insurance (UBI) is the intricate balance between the collection of driving data and protecting the privacy of policyholders. While UBI relies on the continuous monitoring of driving behavior through telematics devices, it raises legitimate concerns about the potential misuse or exposure of sensitive data. Policyholders worry that their personal information, driving habits, and location data could be vulnerable to hacking, data breaches, or unauthorized access by insurers or third parties. These privacy concerns can hinder the widespread adoption of UBI, especially in regions with strict data protection regulations like the European Union's General Data Protection Regulation (GDPR). To overcome this challenge, insurance companies must invest heavily in robust data encryption, secure storage, and transparent data usage policies. Striking the right balance between data-driven insights and privacy protection is vital for UBI's continued growth.

Equity and Fairness

While UBI promises to reward safe driving behaviors, it also poses challenges related to equity and fairness. Critics argue that UBI can inadvertently discriminate against certain demographic groups or individuals who cannot afford the necessary technology or who reside in areas with limited network coverage. Moreover, some drivers may be unfairly penalized if their data is negatively affected by factors beyond their control, such as road conditions, weather, or traffic congestion. To address these concerns, insurers must develop more sophisticated algorithms that account for external variables and ensure that UBI programs do not exacerbate existing inequalities in auto insurance. Additionally, policymakers and regulators need to establish guidelines that promote fairness and prevent discriminatory pricing practices, ensuring that UBI remains accessible and equitable for all drivers.

Data Accuracy and Reliability

The accuracy and reliability of the data collected through UBI devices present a significant challenge. Telematics systems may occasionally record false positives or negatives in driving behavior, leading to incorrect assessments of risk. For instance, a sudden hard braking event might be triggered by a pothole rather than aggressive driving. Such inaccuracies can result in unfair premiums and undermine trust in UBI programs. Additionally, data quality can be compromised if drivers tamper with or disable their telematics devices to manipulate their driving scores. Insurance companies must continuously refine their data collection methods and employ advanced analytics to filter out erroneous data points. Educating policyholders about the importance of data accuracy and the consequences of tampering can also help mitigate this challenge.

Regulatory Hurdles and Compliance

Navigating the complex landscape of insurance regulations and compliance requirements poses a substantial challenge for UBI providers. Insurance is a highly regulated industry, and UBI adds an additional layer of complexity due to the collection and use of sensitive data. Different countries and regions have varying regulations governing data privacy, insurance practices, and the use of telematics technology. UBI providers must adhere to these regulations while simultaneously trying to innovate and expand their services. Striking a balance between compliance and innovation can be challenging, as regulatory requirements can lag behind technological advancements. This challenge is further exacerbated when insurers operate across multiple jurisdictions, each with its own set of rules and standards. A collaborative effort between the insurance industry and regulators is essential to develop a regulatory framework that fosters UBI's growth while ensuring consumer protection and data privacy.

In conclusion, global Usage-Based Insurance faces several significant challenges, including privacy concerns and data security, equity and fairness, data accuracy and reliability, and regulatory hurdles and compliance. While these challenges are substantial, they are not insurmountable. Addressing them will require a combination of technological innovation, consumer education, and collaboration between insurance providers, regulators, and policymakers. As UBI continues to evolve, finding solutions to these challenges will be crucial to realizing its full potential in creating fairer, safer, and more personalized insurance options for drivers worldwide.

Key Market Trends

Expanded Application Beyond Auto Insurance

One notable trend in global Usage-Based Insurance (UBI) is its expansion beyond traditional auto insurance. While UBI initially gained traction in the auto insurance sector, it is now being applied to other forms of insurance, such as home insurance and health insurance. In the case of home insurance, insurers are utilizing smart home devices and sensors to monitor factors like security, fire prevention, and water damage prevention. Policyholders can receive discounts on their premiums by implementing these technologies and maintaining safe home environments. Similarly, in health insurance, wearable devices and smartphone apps track individuals' physical activity, diet, and other health-related metrics. Insurers can reward policyholders for healthy behaviors, ultimately leading to reduced healthcare costs. This trend underscores the potential for UBI to revolutionize various insurance sectors by promoting risk mitigation and healthier living.

Integration with Autonomous and Electric Vehicles

The rise of autonomous and electric vehicles (EVs) is reshaping the landscape of auto insurance, and UBI is at the forefront of this transformation. Many UBI programs are incorporating data from advanced driver-assistance systems (ADAS) and autonomous vehicles to assess risk and set premiums. These technologies provide insurers with a wealth of data on vehicle performance, driving conditions, and driver behavior. Furthermore, EV owners are increasingly benefiting from UBI programs that offer reduced premiums based on their environmentally friendly choice of transportation. As autonomous vehicles become more prevalent, UBI will play a vital role in determining how insurers adapt to the shifting paradigm of auto insurance, where human error is reduced, and vehicle safety largely depends on technology.

Behavioral Analytics and Personalization

Behavioral analytics and personalization are becoming central to UBI programs. Insurers are leveraging advanced data analytics and machine learning to gain deeper insights into policyholders' driving habits and preferences. This allows for highly customized insurance offerings that cater to individual needs and risk profiles. Policyholders can receive real-time feedback and recommendations through smartphone apps or web portals, encouraging safer driving behaviors and risk reduction. Additionally, insurers are exploring the use of gamification elements, such as rewards and challenges, to further engage policyholders and incentivize responsible driving. Personalized UBI is not limited to premiums; it extends to policy terms, coverage options, and even claims processing, creating a more tailored and responsive insurance experience.

Telematics as a Service (TaaS)

The emergence of Telematics as a Service (TaaS) is a significant trend in the global UBI landscape. TaaS platforms provide a cloud-based infrastructure for insurers to access telematics data and analytics services without the need for extensive in-house development. This trend is driven by the recognition that building and maintaining telematics solutions can be resource-intensive and complex. TaaS providers offer a cost-effective and scalable solution, enabling insurance companies to rapidly deploy UBI programs and leverage telematics data without the burden of managing the underlying technology infrastructure. This trend is expected to accelerate the adoption of UBI among insurers, particularly smaller players looking to enter the market or expand their telematics offerings.

In conclusion, global Usage-Based Insurance (UBI) is undergoing significant transformations driven by several key trends. These trends include the expanded application of UBI beyond auto insurance, integration with autonomous and electric vehicles, a growing emphasis on behavioral analytics and personalization, and the emergence of Telematics as a Service (TaaS) to streamline UBI implementation. These developments not only reflect the evolving nature of insurance but also underscore UBI's potential to create more personalized, data-driven, and responsive insurance products across various sectors. As technology continues to advance and consumer expectations evolve, UBI is likely to remain at the forefront of innovation in the insurance industry, offering benefits to both insurers and policyholders worldwide.

Segmental Insights

Vehicle Type Insights

Commercial vehicle insurance has emerged as the fastest growing segment in the global Usage-Based Insurance (UBI) market. This growth is primarily attributed to the unique needs and opportunities within the commercial fleet sector. Commercial UBI programs offer businesses the ability to closely monitor and manage their vehicle fleets, leading to improved safety, operational efficiency, and cost savings.

With the integration of telematics devices and data analytics, commercial vehicle insurers can assess risk accurately, reward safe driving practices, and provide customized coverage plans. This appeals to fleet managers and business owners who seek to minimize accidents, reduce fuel consumption, and optimize vehicle maintenance. Additionally, regulatory compliance and safety regulations play a significant role, making UBI an attractive option for ensuring adherence to standards.

The adoption of UBI in commercial vehicle insurance is expected to continue its rapid growth trajectory as more businesses recognize its potential for risk mitigation, cost control, and enhanced operational performance.

Vehicle Age Insights

The fastest-growing segment in the global Usage-Based Insurance (UBI) market is undoubtedly New Vehicles. As technology becomes increasingly integrated into modern vehicles, UBI has found a natural home in this segment. New vehicles are equipped with advanced telematics systems and connected features, making it easier for insurers to gather real-time data on driving behavior and vehicle performance.

For new car owners, the appeal of UBI lies in the potential for reduced premiums and personalized insurance rates based on their driving habits. Insurers can accurately assess risk, offer tailored coverage, and reward safe driving practices. Furthermore, automakers are actively partnering with insurance companies to integrate UBI offerings directly into their vehicles, simplifying the enrollment process for policyholders.

The synergy between new vehicles and UBI is driving rapid growth in this segment, and it is expected to continue as more consumers opt for technologically advanced vehicles that provide not only safety and convenience but also the potential for cost-effective and customized insurance solutions.

Regional Insights

Asia Pacific has emerged as the dominating region in the global Usage-Based Insurance (UBI) market. This dominance is attributed to the region's booming automotive industry, rapid urbanization, and growing adoption of telematics technology. Countries like China and India, with their large populations and expanding middle classes, have witnessed a surge in vehicle ownership. As insurers in the region embrace UBI to assess risk accurately and provide personalized policies, more drivers are opting for usage-based insurance. Moreover, favorable government regulations and increasing awareness of UBI benefits have further propelled its growth in Asia Pacific, solidifying its position as the dominant UBI market.

Key Market Players

Cambridge Mobile Telematics

Progressive Casualty Insurance Company

Inseego Corp.

The Floow Limited

Assicurazioni Generali S.p.A

Equitable Holdings, Inc.

The Modus Group, LLC

Octo Group S.p.A

TomTom International BV.

Allianz Partners

Report Scope:

In this report, the Global Usage-Based Insurance Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
  • Usage-Based Insurance Market, By Vehicle Type:
  • Passenger Car
  • Commercial Vehicle
  • Usage-Based Insurance Market, By Vehicle Age:
  • New Vehicles
  • Used Vehicles
  • Usage-Based Insurance Market, By Policy Type:
  • Pay-As-You-Drive Insurance (PAYD)
  • Pay-How-You-Drive Insurance (PHYD)
  • Manage-How-You-Drive Insurance (MHYD)
  • Usage-Based Insurance Market, By Region:
  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
  • Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Turkey
  • Egypt
Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Usage-Based Insurance Market.

Global Usage-Based Insurance market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information
  • Detailed analysis and profiling of additional market players (up to five).
Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format without printing rights


1. Introduction
1.1. Market Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Market Overview
3.2. Market Forecast
3.3. Key Regions
3.4. Key Segments
4. Voice of Customer
4.1. Challenged Faced Post Purchase
4.2. Source of Information
5. Global Usage-Based Insurance Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Vehicle Type Market Share Analysis (Passenger Car, Commercial Vehicle)
5.2.2. By Vehicle Age Market Share Analysis (New Vehicles, Used Vehicles)
5.2.3. By Policy Type Market Share Analysis (Pay-As-You-Drive Insurance (PAYD), Pay-How-You-Drive Insurance (PHYD), and Manage-How-You-Drive Insurance (MHYD))
5.2.4. By Regional Market Share Analysis
5.2.4.1. North America Market Share Analysis
5.2.4.2. South America Market Share Analysis
5.2.4.3. Middle East & Africa Market Share Analysis
5.2.4.4. Europe Market Share Analysis
5.2.4.5. Asia-Pacific Market Share Analysis
5.2.5. By Top 5 Companies Market Share Analysis, Others (2022)
5.3. Global Usage-Based Insurance Market Mapping & Opportunity Assessment
5.3.1. By Vehicle Type Market Mapping & Opportunity Assessment
5.3.2. By Vehicle Age Market Mapping & Opportunity Assessment
5.3.3. By Policy Type Market Mapping & Opportunity Assessment
5.3.4. By Regional Market Mapping & Opportunity Assessment
6. North America Usage-Based Insurance Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Vehicle Type Market Share Analysis
6.2.2. By Vehicle Age Market Share Analysis
6.2.3. By Policy Type Market Share Analysis
6.3. North America: Country Analysis
6.3.1. United States Usage-Based Insurance Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Vehicle Type Market Share Analysis
6.3.1.2.2. By Vehicle Age Market Share Analysis
6.3.1.2.3. By Policy Type Market Share Analysis
6.3.2. Canada Usage-Based Insurance Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Vehicle Type Market Share Analysis
6.3.2.2.2. By Vehicle Age Market Share Analysis
6.3.2.2.3. By Policy Type Market Share Analysis
6.3.3. Mexico Usage-Based Insurance Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Vehicle Type Market Share Analysis
6.3.3.2.2. By Vehicle Age Market Share Analysis
6.3.3.2.3. By Policy Type Market Share Analysis
7. Europe Usage-Based Insurance Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Vehicle Type Market Share Analysis
7.2.2. By Vehicle Age Market Share Analysis
7.2.3. By Policy Type Market Share Analysis
7.3. Europe: Country Analysis
7.3.1. Germany Usage-Based Insurance Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Vehicle Type Market Share Analysis
7.3.1.2.2. By Vehicle Age Market Share Analysis
7.3.1.2.3. By Policy Type Market Share Analysis
7.3.2. United Kingdom Usage-Based Insurance Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Vehicle Type Market Share Analysis
7.3.2.2.2. By Vehicle Age Market Share Analysis
7.3.2.2.3. By Policy Type Market Share Analysis
7.3.3. Italy Usage-Based Insurance Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecasty
7.3.3.2.1. By Vehicle Type Market Share Analysis
7.3.3.2.2. By Vehicle Age Market Share Analysis
7.3.3.2.3. By Policy Type Market Share Analysis
7.3.4. France Usage-Based Insurance Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Vehicle Type Market Share Analysis
7.3.4.2.2. By Vehicle Age Market Share Analysis
7.3.4.2.3. By Policy Type Market Share Analysis
7.3.5. Spain Usage-Based Insurance Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Vehicle Type Market Share Analysis
7.3.5.2.2. By Vehicle Age Market Share Analysis
7.3.5.2.3. By Policy Type Market Share Analysis
8. Asia-Pacific Usage-Based Insurance Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Vehicle Type Market Share Analysis
8.2.2. By Vehicle Age Market Share Analysis
8.2.3. By Policy Type Market Share Analysis
8.3. Asia-Pacific: Country Analysis
8.3.1. China Usage-Based Insurance Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Vehicle Type Market Share Analysis
8.3.1.2.2. By Vehicle Age Market Share Analysis
8.3.1.2.3. By Policy Type Market Share Analysis
8.3.2. India Usage-Based Insurance Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Vehicle Type Market Share Analysis
8.3.2.2.2. By Vehicle Age Market Share Analysis
8.3.2.2.3. By Policy Type Market Share Analysis
8.3.3. Japan Usage-Based Insurance Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Vehicle Type Market Share Analysis
8.3.3.2.2. By Vehicle Age Market Share Analysis
8.3.3.2.3. By Policy Type Market Share Analysis
8.3.4. South Korea Usage-Based Insurance Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Vehicle Type Market Share Analysis
8.3.4.2.2. By Vehicle Age Market Share Analysis
8.3.4.2.3. By Policy Type Market Share Analysis
8.3.5. Australia Usage-Based Insurance Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Vehicle Type Market Share Analysis
8.3.5.2.2. By Vehicle Age Market Share Analysis
8.3.5.2.3. By Policy Type Market Share Analysis
9. South America Usage-Based Insurance Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Vehicle Type Market Share Analysis
9.2.2. By Vehicle Age Market Share Analysis
9.2.3. By Policy Type Market Share Analysis
9.3. South America: Country Analysis
9.3.1. Brazil Usage-Based Insurance Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Vehicle Type Market Share Analysis
9.3.1.2.2. By Vehicle Age Market Share Analysis
9.3.1.2.3. By Policy Type Market Share Analysis
9.3.2. Argentina Usage-Based Insurance Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Vehicle Type Market Share Analysis
9.3.2.2.2. By Vehicle Age Market Share Analysis
9.3.2.2.3. By Policy Type Market Share Analysis
9.3.3. Colombia Usage-Based Insurance Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Vehicle Type Market Share Analysis
9.3.3.2.2. By Vehicle Age Market Share Analysis
9.3.3.2.3. By Policy Type Market Share Analysis
10. Middle East and Africa Usage-Based Insurance Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Vehicle Type Market Share Analysis
10.2.2. By Vehicle Age Market Share Analysis
10.2.3. By Policy Type Market Share Analysis
10.3. MEA: Country Analysis
10.3.1. South Africa Usage-Based Insurance Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Vehicle Type Market Share Analysis
10.3.1.2.2. By Vehicle Age Market Share Analysis
10.3.1.2.3. By Policy Type Market Share Analysis
10.3.2. Saudi Arabia Usage-Based Insurance Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Vehicle Type Market Share Analysis
10.3.2.2.2. By Vehicle Age Market Share Analysis
10.3.2.2.3. By Policy Type Market Share Analysis
10.3.3. UAE Usage-Based Insurance Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Vehicle Type Market Share Analysis
10.3.3.2.2. By Vehicle Age Market Share Analysis
10.3.3.2.3. By Policy Type Market Share Analysis
10.3.4. Turkey Usage-Based Insurance Market Outlook
10.3.4.1. Market Size & Forecast
10.3.4.1.1. By Value
10.3.4.2. Market Share & Forecast
10.3.4.2.1. By Vehicle Type Market Share Analysis
10.3.4.2.2. By Vehicle Age Market Share Analysis
10.3.4.2.3. By Policy Type Market Share Analysis
10.3.5. Egypt Usage-Based Insurance Market Outlook
10.3.5.1. Market Size & Forecast
10.3.5.1.1. By Value
10.3.5.2. Market Share & Forecast
10.3.5.2.1. By Vehicle Type Market Share Analysis
10.3.5.2.2. By Vehicle Age Market Share Analysis
10.3.5.2.3. By Policy Type Market Share Analysis
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
13. SWOT Analysis
13.1. Strength
13.2. Weakness
13.3. Opportunity
13.4. Threat
14. Competitive Landscape
14.1. Company Profiles
14.1.1. Cambridge Mobile Telematics
14.1.1.1. Company Details
14.1.1.2. Products & Services
14.1.1.3. Financials (As Per Availability)
14.1.1.4. Key Market Focus & Geographical Presence
14.1.1.5. Recent Developments
14.1.1.6. Key Management Personnel
14.1.2. Progressive Casualty Insurance Company
14.1.2.1. Company Details
14.1.2.2. Products & Services
14.1.2.3. Financials (As Per Availability)
14.1.2.4. Key Market Focus & Geographical Presence
14.1.2.5. Recent Developments
14.1.2.6. Key Management Personnel
14.1.3. Inseego Corp.
14.1.3.1. Company Details
14.1.3.2. Products & Services
14.1.3.3. Financials (As Per Availability)
14.1.3.4. Key Market Focus & Geographical Presence
14.1.3.5. Recent Developments
14.1.3.6. Key Management Personnel
14.1.4. The Floow Limited
14.1.4.1. Company Details
14.1.4.2. Products & Services
14.1.4.3. Financials (As Per Availability)
14.1.4.4. Key Market Focus & Geographical Presence
14.1.4.5. Recent Developments
14.1.4.6. Key Management Personnel
14.1.5. Assicurazioni Generali S.p.A
14.1.5.1. Company Details
14.1.5.2. Products & Services
14.1.5.3. Financials (As Per Availability)
14.1.5.4. Key Market Focus & Geographical Presence
14.1.5.5. Recent Developments
14.1.5.6. Key Management Personnel
14.1.6. Equitable Holdings, Inc.
14.1.6.1. Company Details
14.1.6.2. Products & Services
14.1.6.3. Financials (As Per Availability)
14.1.6.4. Key Market Focus & Geographical Presence
14.1.6.5. Recent Developments
14.1.6.6. Key Management Personnel
14.1.7. The Modus Group, LLC
14.1.7.1. Company Details
14.1.7.2. Products & Services
14.1.7.3. Financials (As Per Availability)
14.1.7.4. Key Market Focus & Geographical Presence
14.1.7.5. Recent Developments
14.1.7.6. Key Management Personnel
14.1.8. Octo Group S.p.A
14.1.8.1. Company Details
14.1.8.2. Products & Services
14.1.8.3. Financials (As Per Availability)
14.1.8.4. Key Market Focus & Geographical Presence
14.1.8.5. Recent Developments
14.1.8.6. Key Management Personnel
14.1.9. TomTom International BV.
14.1.9.1. Company Details
14.1.9.2. Products & Services
14.1.9.3. Financials (As Per Availability)
14.1.9.4. Key Market Focus & Geographical Presence
14.1.9.5. Recent Developments
14.1.9.6. Key Management Personnel
14.1.10. Allianz Partners
14.1.10.1. Company Details
14.1.10.2. Products & Services
14.1.10.3. Financials (As Per Availability)
14.1.10.4. Key Market Focus & Geographical Presence
14.1.10.5. Recent Developments
14.1.10.6. Key Management Personnel
15. Strategic Recommendations
15.1. Key Focus Areas
15.2. Target Vehicle Type
15.3. Target Policy Type
16. About Us & Disclaimer

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