Market Overview

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


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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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
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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Technavio's report provides expert market research on the following

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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