Automotive Usage-Based Insurance Market 2024-2028

The automotive usage-based insurance market is forecasted to grow by USD 67.51 bn during 2023-2028, accelerating at a CAGR of 25.1% during the forecast period. The report on the automotive usage-based insurance market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by flexible pricing schemes of automotive UBI, increasing government regulations for insurance coverage, and the presence of a conducive technology environment for the automotive industry.

The automotive usage-based insurance market is segmented as below:

By Application

Embedded UBI
App-based UBI

By Pricing Scheme

PHYD
PAYD
MHYD

By Geographical Landscape

Europe
North America
APAC
Middle East and Africa
South America

This study identifies the increasing adoption of automotive usage-based insurance for better driving habits as one of the prime reasons driving the automotive usage-based insurance market growth during the next few years. Also, the growing application of automotive UBI in accident investigation and recovery of stolen vehicles and the emergence of smartphone-enabled UBI will lead to sizable demand in the market.

The report on the automotive usage-based insurance market covers the following areas:

Automotive usage-based insurance market sizing
Automotive usage-based insurance market forecast
Automotive usage-based insurance market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive usage-based insurance market vendors that include AXA Group, ACKO General Insurance Ltd., Allianz SE, Aviva Insurance Ltd., Desjardins Group, Discovery Ltd., Direct Line Insurance Group Plc, GEICO, HDFC Bank Ltd., Lemonade Inc., Liberty Mutual Insurance Co., Mile Auto Inc., Nationwide Mutual Insurance Co., Root Inc., The Allstate Corp., The Progressive Corp., The Travelers Co. Inc., USAA, Verizon Communications Inc., and Zurich Insurance Co. Ltd. Also, the automotive usage-based insurance market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Pricing Scheme
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global automotive usage-based insurance market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global automotive usage-based insurance market 2018 - 2022 ($ billion)
4.2 Application Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.3 Pricing Scheme Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Pricing Scheme Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
Exhibit 30: Chart on Application - Market share 2023-2028 (%)
Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Embedded UBI - Market size and forecast 2023-2028
Exhibit 34: Chart on Embedded UBI - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Embedded UBI - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Embedded UBI - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Embedded UBI - Year-over-year growth 2023-2028 (%)
6.4 App-based UBI - Market size and forecast 2023-2028
Exhibit 38: Chart on App-based UBI - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on App-based UBI - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on App-based UBI - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on App-based UBI - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Application
Exhibit 42: Market opportunity by Application ($ billion)
Exhibit 43: Data Table on Market opportunity by Application ($ billion)

7 Market Segmentation by Pricing Scheme

7.1 Market segments
Exhibit 44: Chart on Pricing Scheme - Market share 2023-2028 (%)
Exhibit 45: Data Table on Pricing Scheme - Market share 2023-2028 (%)
7.2 Comparison by Pricing Scheme
Exhibit 46: Chart on Comparison by Pricing Scheme
Exhibit 47: Data Table on Comparison by Pricing Scheme
7.3 PHYD - Market size and forecast 2023-2028
Exhibit 48: Chart on PHYD - Market size and forecast 2023-2028 ($ billion)
Exhibit 49: Data Table on PHYD - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Chart on PHYD - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on PHYD - Year-over-year growth 2023-2028 (%)
7.4 PAYD - Market size and forecast 2023-2028
Exhibit 52: Chart on PAYD - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on PAYD - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on PAYD - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on PAYD - Year-over-year growth 2023-2028 (%)
7.5 MHYD - Market size and forecast 2023-2028
Exhibit 56: Chart on MHYD - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on MHYD - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on MHYD - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on MHYD - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Pricing Scheme
Exhibit 60: Market opportunity by Pricing Scheme ($ billion)
Exhibit 61: Data Table on Market opportunity by Pricing Scheme ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 63: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 64: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 65: Chart on Geographic comparison
Exhibit 66: Data Table on Geographic comparison
9.3 Europe - Market size and forecast 2023-2028
Exhibit 67: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 68: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 Germany - Market size and forecast 2023-2028
Exhibit 91: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.10 UK - Market size and forecast 2023-2028
Exhibit 95: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.11 Canada - Market size and forecast 2023-2028
Exhibit 99: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.12 France - Market size and forecast 2023-2028
Exhibit 103: Chart on France - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on France - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on France - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on France - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 107: Market opportunity By Geographical Landscape ($ billion)
Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 109: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 111: Overview on factors of disruption
11.4 Industry risks
Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 113: Vendors covered
12.2 Market positioning of vendors
Exhibit 114: Matrix on vendor position and classification
12.3 AXA Group
Exhibit 115: AXA Group - Overview
Exhibit 116: AXA Group - Business segments
Exhibit 117: AXA Group - Key news
Exhibit 118: AXA Group - Key offerings
Exhibit 119: AXA Group - Segment focus
12.4 Allianz SE
Exhibit 120: Allianz SE - Overview
Exhibit 121: Allianz SE - Business segments
Exhibit 122: Allianz SE - Key news
Exhibit 123: Allianz SE - Key offerings
Exhibit 124: Allianz SE - Segment focus
12.5 Aviva insurance Ltd.
Exhibit 125: Aviva insurance Ltd. - Overview
Exhibit 126: Aviva insurance Ltd. - Business segments
Exhibit 127: Aviva insurance Ltd. - Key news
Exhibit 128: Aviva insurance Ltd. - Key offerings
Exhibit 129: Aviva insurance Ltd. - Segment focus
12.6 Desjardins Group
Exhibit 130: Desjardins Group - Overview
Exhibit 131: Desjardins Group - Business segments
Exhibit 132: Desjardins Group - Key offerings
Exhibit 133: Desjardins Group - Segment focus
12.7 Direct Line Insurance Group Plc
Exhibit 134: Direct Line Insurance Group Plc - Overview
Exhibit 135: Direct Line Insurance Group Plc - Business segments
Exhibit 136: Direct Line Insurance Group Plc - Key news
Exhibit 137: Direct Line Insurance Group Plc - Key offerings
Exhibit 138: Direct Line Insurance Group Plc - Segment focus
12.8 Discovery Ltd.
Exhibit 139: Discovery Ltd. - Overview
Exhibit 140: Discovery Ltd. - Business segments
Exhibit 141: Discovery Ltd. - Key offerings
Exhibit 142: Discovery Ltd. - Segment focus
12.9 GEICO
Exhibit 143: GEICO - Overview
Exhibit 144: GEICO - Product / Service
Exhibit 145: GEICO - Key offerings
12.10 Lemonade Inc.
Exhibit 146: Lemonade Inc. - Overview
Exhibit 147: Lemonade Inc. - Product / Service
Exhibit 148: Lemonade Inc. - Key offerings
12.11 Liberty Mutual Insurance Co.
Exhibit 149: Liberty Mutual Insurance Co. - Overview
Exhibit 150: Liberty Mutual Insurance Co. - Business segments
Exhibit 151: Liberty Mutual Insurance Co. - Key offerings
Exhibit 152: Liberty Mutual Insurance Co. - Segment focus
12.12 Nationwide Mutual Insurance Co.
Exhibit 153: Nationwide Mutual Insurance Co. - Overview
Exhibit 154: Nationwide Mutual Insurance Co. - Product / Service
Exhibit 155: Nationwide Mutual Insurance Co. - Key offerings
12.13 The Allstate Corp.
Exhibit 156: The Allstate Corp. - Overview
Exhibit 157: The Allstate Corp. - Business segments
Exhibit 158: The Allstate Corp. - Key offerings
Exhibit 159: The Allstate Corp. - Segment focus
12.14 The Progressive Corp.
Exhibit 160: The Progressive Corp. - Overview
Exhibit 161: The Progressive Corp. - Product / Service
Exhibit 162: The Progressive Corp. - Key offerings
12.15 The Travelers Co. Inc.
Exhibit 163: The Travelers Co. Inc. - Overview
Exhibit 164: The Travelers Co. Inc. - Business segments
Exhibit 165: The Travelers Co. Inc. - Key offerings
Exhibit 166: The Travelers Co. Inc. - Segment focus
12.16 USAA
Exhibit 167: USAA - Overview
Exhibit 168: USAA - Product / Service
Exhibit 169: USAA - Key offerings
12.17 Zurich Insurance Co. Ltd.
Exhibit 170: Zurich Insurance Co. Ltd. - Overview
Exhibit 171: Zurich Insurance Co. Ltd. - Business segments
Exhibit 172: Zurich Insurance Co. Ltd. - Key offerings
Exhibit 173: Zurich Insurance Co. Ltd. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 174: Inclusions checklist
Exhibit 175: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 176: Currency conversion rates for US$
13.4 Research methodology
Exhibit 177: Research methodology
Exhibit 178: Validation techniques employed for market sizing
Exhibit 179: Information sources
13.5 List of abbreviations
Exhibit 180: List of abbreviations

List of Exhibits

Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Market Segmentation by Pricing Scheme
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Historic Market Size - Data Table on global automotive usage-based insurance market 2018 - 2022 ($ billion)
Exhibits 19: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
Exhibits 20: Historic Market Size - Pricing Scheme Segment 2018 - 2022 ($ billion)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on Application - Market share 2023-2028 (%)
Exhibits 31: Data Table on Application - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by Application
Exhibits 33: Data Table on Comparison by Application
Exhibits 34: Chart on Embedded UBI - Market size and forecast 2023-2028 ($ billion)
Exhibits 35: Data Table on Embedded UBI - Market size and forecast 2023-2028 ($ billion)
Exhibits 36: Chart on Embedded UBI - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on Embedded UBI - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on App-based UBI - Market size and forecast 2023-2028 ($ billion)
Exhibits 39: Data Table on App-based UBI - Market size and forecast 2023-2028 ($ billion)
Exhibits 40: Chart on App-based UBI - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on App-based UBI - Year-over-year growth 2023-2028 (%)
Exhibits 42: Market opportunity by Application ($ billion)
Exhibits 43: Data Table on Market opportunity by Application ($ billion)
Exhibits 44: Chart on Pricing Scheme - Market share 2023-2028 (%)
Exhibits 45: Data Table on Pricing Scheme - Market share 2023-2028 (%)
Exhibits 46: Chart on Comparison by Pricing Scheme
Exhibits 47: Data Table on Comparison by Pricing Scheme
Exhibits 48: Chart on PHYD - Market size and forecast 2023-2028 ($ billion)
Exhibits 49: Data Table on PHYD - Market size and forecast 2023-2028 ($ billion)
Exhibits 50: Chart on PHYD - Year-over-year growth 2023-2028 (%)
Exhibits 51: Data Table on PHYD - Year-over-year growth 2023-2028 (%)
Exhibits 52: Chart on PAYD - Market size and forecast 2023-2028 ($ billion)
Exhibits 53: Data Table on PAYD - Market size and forecast 2023-2028 ($ billion)
Exhibits 54: Chart on PAYD - Year-over-year growth 2023-2028 (%)
Exhibits 55: Data Table on PAYD - Year-over-year growth 2023-2028 (%)
Exhibits 56: Chart on MHYD - Market size and forecast 2023-2028 ($ billion)
Exhibits 57: Data Table on MHYD - Market size and forecast 2023-2028 ($ billion)
Exhibits 58: Chart on MHYD - Year-over-year growth 2023-2028 (%)
Exhibits 59: Data Table on MHYD - Year-over-year growth 2023-2028 (%)
Exhibits 60: Market opportunity by Pricing Scheme ($ billion)
Exhibits 61: Data Table on Market opportunity by Pricing Scheme ($ billion)
Exhibits 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 63: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 64: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 65: Chart on Geographic comparison
Exhibits 66: Data Table on Geographic comparison
Exhibits 67: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 68: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 69: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 70: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 73: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 85: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 89: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 90: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 91: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 92: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 93: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 94: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 95: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits 96: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits 97: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 98: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 99: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibits 100: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibits 101: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 102: Data Table on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 103: Chart on France - Market size and forecast 2023-2028 ($ billion)
Exhibits 104: Data Table on France - Market size and forecast 2023-2028 ($ billion)
Exhibits 105: Chart on France - Year-over-year growth 2023-2028 (%)
Exhibits 106: Data Table on France - Year-over-year growth 2023-2028 (%)
Exhibits 107: Market opportunity By Geographical Landscape ($ billion)
Exhibits 108: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits 109: Impact of drivers and challenges in 2023 and 2028
Exhibits 110: Overview on Criticality of inputs and Factors of differentiation
Exhibits 111: Overview on factors of disruption
Exhibits 112: Impact of key risks on business
Exhibits 113: Vendors covered
Exhibits 114: Matrix on vendor position and classification
Exhibits 115: AXA Group - Overview
Exhibits 116: AXA Group - Business segments
Exhibits 117: AXA Group - Key news
Exhibits 118: AXA Group - Key offerings
Exhibits 119: AXA Group - Segment focus
Exhibits 120: Allianz SE - Overview
Exhibits 121: Allianz SE - Business segments
Exhibits 122: Allianz SE - Key news
Exhibits 123: Allianz SE - Key offerings
Exhibits 124: Allianz SE - Segment focus
Exhibits 125: Aviva insurance Ltd. - Overview
Exhibits 126: Aviva insurance Ltd. - Business segments
Exhibits 127: Aviva insurance Ltd. - Key news
Exhibits 128: Aviva insurance Ltd. - Key offerings
Exhibits 129: Aviva insurance Ltd. - Segment focus
Exhibits 130: Desjardins Group - Overview
Exhibits 131: Desjardins Group - Business segments
Exhibits 132: Desjardins Group - Key offerings
Exhibits 133: Desjardins Group - Segment focus
Exhibits 134: Direct Line Insurance Group Plc - Overview
Exhibits 135: Direct Line Insurance Group Plc - Business segments
Exhibits 136: Direct Line Insurance Group Plc - Key news
Exhibits 137: Direct Line Insurance Group Plc - Key offerings
Exhibits 138: Direct Line Insurance Group Plc - Segment focus
Exhibits 139: Discovery Ltd. - Overview
Exhibits 140: Discovery Ltd. - Business segments
Exhibits 141: Discovery Ltd. - Key offerings
Exhibits 142: Discovery Ltd. - Segment focus
Exhibits 143: GEICO - Overview
Exhibits 144: GEICO - Product / Service
Exhibits 145: GEICO - Key offerings
Exhibits 146: Lemonade Inc. - Overview
Exhibits 147: Lemonade Inc. - Product / Service
Exhibits 148: Lemonade Inc. - Key offerings
Exhibits 149: Liberty Mutual Insurance Co. - Overview
Exhibits 150: Liberty Mutual Insurance Co. - Business segments
Exhibits 151: Liberty Mutual Insurance Co. - Key offerings
Exhibits 152: Liberty Mutual Insurance Co. - Segment focus
Exhibits 153: Nationwide Mutual Insurance Co. - Overview
Exhibits 154: Nationwide Mutual Insurance Co. - Product / Service
Exhibits 155: Nationwide Mutual Insurance Co. - Key offerings
Exhibits 156: The Allstate Corp. - Overview
Exhibits 157: The Allstate Corp. - Business segments
Exhibits 158: The Allstate Corp. - Key offerings
Exhibits 159: The Allstate Corp. - Segment focus
Exhibits 160: The Progressive Corp. - Overview
Exhibits 161: The Progressive Corp. - Product / Service
Exhibits 162: The Progressive Corp. - Key offerings
Exhibits 163: The Travelers Co. Inc. - Overview
Exhibits 164: The Travelers Co. Inc. - Business segments
Exhibits 165: The Travelers Co. Inc. - Key offerings
Exhibits 166: The Travelers Co. Inc. - Segment focus
Exhibits 167: USAA - Overview
Exhibits 168: USAA - Product / Service
Exhibits 169: USAA - Key offerings
Exhibits 170: Zurich Insurance Co. Ltd. - Overview
Exhibits 171: Zurich Insurance Co. Ltd. - Business segments
Exhibits 172: Zurich Insurance Co. Ltd. - Key offerings
Exhibits 173: Zurich Insurance Co. Ltd. - Segment focus
Exhibits 174: Inclusions checklist
Exhibits 175: Exclusions checklist
Exhibits 176: Currency conversion rates for US$
Exhibits 177: Research methodology
Exhibits 178: Validation techniques employed for market sizing
Exhibits 179: Information sources
Exhibits 180: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global automotive usage-based insurance market: AXA Group, ACKO General Insurance Ltd., Allianz SE, Aviva insurance Ltd., Desjardins Group, Discovery Ltd., Direct Line Insurance Group Plc, GEICO, HDFC Bank Ltd., Lemonade Inc., Liberty Mutual Insurance Co., Mile Auto Inc., Nationwide Mutual Insurance Co., Root Inc., The Allstate Corp., The Progressive Corp., The Travelers Co. Inc., USAA, Verizon Communications Inc., and Zurich Insurance Co. Ltd..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing adoption of automotive usage-based insurance for better driving habits."

According to the report, one of the major drivers for this market is the flexible pricing schemes of automotive UBI.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

AXA Group
ACKO General Insurance Ltd.
Allianz SE
Aviva insurance Ltd.
Desjardins Group
Discovery Ltd.
Direct Line Insurance Group Plc
GEICO
HDFC Bank Ltd.
Lemonade Inc.
Liberty Mutual Insurance Co.
Mile Auto Inc.
Nationwide Mutual Insurance Co.
Root Inc.
The Allstate Corp.
The Progressive Corp.
The Travelers Co. Inc.
USAA
Verizon Communications Inc.
Zurich Insurance Co. Ltd.

License	Format	Properties	Price
SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€2227EUR$2,500USD£1,932GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€3563EUR$4,000USD£3,091GBP

The automotive usage-based insurance market is segmented as below:

By Application

By Pricing Scheme

By Geographical Landscape

The report on the automotive usage-based insurance market covers the following areas:

Table of Contents

Executive Summary

Companies Mentioned (Partial List)

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