Automotive Usage Based Insurance Market Size And Share

  • Report Code : TIPAT100001345
  • Category : Automotive and Transportation
  • No. of Pages : 150
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Automotive Usage Based Insurance Market Size, Scope, and Share by 2031

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Automotive Usage Based Insurance Market: Strategic Insights

Automotive Usage Based Insurance Market

  • CAGR (2023 - 2031)
    21.1%
  • Market Size 2023
    US$ 52.1 Billion
  • Market Size 2031
    US$ 240.8 Billion

Market Dynamics

GROWTH DRIVERS
  • Adoption of Mobility-as-a-Service (MaaS)
FUTURE TRENDS
  • Advanced telematics technologies to accentuate the demand of UBI and wide variety of insurance pemium
OPPORTUNITIES
  • Increasing Partnerships among Telematics Companies and Insurance Companies

Key Players

  • Allstate Insurance Company
  • AXA SA
  • Allianz SE
  • Metromile Inc
  • Ingenie Services Limited
  • Liberty Mutual Insurance Company
  • Octo Telematics S p A
  • Sierra Wireless Inc
  • TomTom Telematics BV
  • Vodafone Automotive

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Technology Fitted
  • Smartphones
  • Black Box
  • Dongles
Policy Type
  • Pay-As-You-Drive
  • Pay-How-You-Drive