Market Overview

Global Automotive Usage-based Insurance Market 2018-2022 | Europe Dominates the Global Market | Technavio

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According to the latest market research report released by Technavio,
the global automotive usage-based insurance market is expected to
accelerate at a CAGR of nearly 7% during the forecast period. The
flexible pricing scheme is one of the key factors driving the growth of
the market.

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https://www.businesswire.com/news/home/20180824005040/en/

Technavio has published a new market research report on the global automotive usage-based insurance  ...

Technavio has published a new market research report on the global automotive usage-based insurance market from 2018-2022. (Photo: Business Wire)

This research report titled ‘Global
Automotive Usage-based Insurance Market 2018-2022
' provides an
in-depth analysis of the market in terms of revenue and emerging market
trends. It also includes an up-to-date analysis and forecasts for
various market segments and all geographical regions.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

The market research analysis categorizes the global automotive
usage-based insurance market into the following geographies:

  • Europe
  • North America
  • APAC

In 2017, Europe accounted for 50% of the global market and is projected
to decline to 45% by 2022, exhibiting almost 4% decrease in market share.

Global automotive usage-based insurance market: Top emerging trend

Big data platform provided by connected cars to push further
developments in UBI is an emerging trend in the automotive usage-based
insurance space. The rising connectivity solutions in the automotive
industry and the availability of real-time data give a huge opportunity
for auto OEMs to develop effective product offerings. The collection of
real-time data is expected to grow further owing to the growing adoption
of connected cars during the forecast period.

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a free sample report

Technavio's sample reports are free of charge and contain multiple
sections of the report including the market size and forecast, drivers,
challenges, trends, and more.

Technavio's report provides expert market research on the following
topics:

Executive Report

  • Market Outline
  • Global Automotive Usage-based Insurance Market Overview

Market Insights

  • Market Sizing and Forecasts
  • Market Growth
  • Market Drivers and Challenges
  • Key Emerging Trends

Market Segmentation Analysis

  • Regional comparison (Europe, North America, and APAC)
  • Key leading countries
  • Segmentation by application (automotive embedded UBI and automotive
    app-based UBI)

Vendor Landscape

  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario
  • Analysis of top vendors (Allianz, Intelligent Mechatronic Systems,
    Watchstone Group, Octo Telematics, and Sierra Wireless)

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