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Global Automotive Usage-based Insurance Market 2023-2027

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    Report

  • 120 Pages
  • November 2022
  • Region: Global
  • TechNavio
  • ID: 4855480
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The automotive usage-based insurance market is poised to grow by $69,980.26 mn during 2023-2027, accelerating at a CAGR of 26.79% 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 global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by flexible pricing schemes, lower number of accidents and vehicle theft possibilities, and growth in smartphone-enabled programs and their usage.

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 shared data plans to reduce the number of data subscriptions per user as one of the prime reasons driving the automotive usage-based insurance market growth during the next few years. Also, big data platforms provided by connected cars to push further developments in UBI and growing LTE data connections in cars to support ethernet adoption 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 Allianz SE, AXA Group, Desjardins Group, Discovery Ltd., Kotak Mahindra General Insurance Co. Ltd., Liberty Mutual Holding Co. Inc., Metlife Inc., Navi Technologies Ltd, Sierra Wireless Inc., The Allstate Corp., The Progressive Corp., TomTom International BV, Track Global Group Ltd., Verizon Communications Inc., Vodafone Group Plc, Aviva Plc, Howden Broking Group Ltd., Direct Line Insurance Group Plc, OCTO Telematics S.p.A, and The Travelers Co. Inc. 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 the way of study, synthesis, and summation of data from multiple sources by 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.

Table of Contents

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 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global automotive usage-based insurance market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global automotive usage-based insurance market 2017 - 2021 ($ million)
4.2 Application Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Application Segment 2017 - 2021 ($ million)
4.3 Pricing scheme Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Pricing scheme Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Application
6.1 Market segments
Exhibit 30: Chart on Application - Market share 2022-2027 (%)
Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
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 2022-2027
Exhibit 34: Chart on Embedded UBI - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Embedded UBI - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Embedded UBI - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Embedded UBI - Year-over-year growth 2022-2027 (%)
6.4 App-based UBI - Market size and forecast 2022-2027
Exhibit 38: Chart on App-based UBI - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on App-based UBI - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on App-based UBI - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on App-based UBI - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Application
Exhibit 42: Market opportunity by Application ($ million)
7 Market Segmentation by Pricing Scheme
7.1 Market segments
Exhibit 43: Chart on Pricing Scheme - Market share 2022-2027 (%)
Exhibit 44: Data Table on Pricing Scheme - Market share 2022-2027 (%)
7.2 Comparison by Pricing Scheme
Exhibit 45: Chart on Comparison by Pricing Scheme
Exhibit 46: Data Table on Comparison by Pricing Scheme
7.3 PHYD - Market size and forecast 2022-2027
Exhibit 47: Chart on PHYD - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Data Table on PHYD - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Chart on PHYD - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on PHYD - Year-over-year growth 2022-2027 (%)
7.4 PAYD - Market size and forecast 2022-2027
Exhibit 51: Chart on PAYD - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on PAYD - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on PAYD - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on PAYD - Year-over-year growth 2022-2027 (%)
7.5 MHYD - Market size and forecast 2022-2027
Exhibit 55: Chart on MHYD - Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on MHYD - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on MHYD - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on MHYD - Year-over-year growth 2022-2027 (%)
7.6 Market opportunity by Pricing Scheme
Exhibit 59: Market opportunity by Pricing Scheme ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 61: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 62: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 63: Chart on Geographic comparison
Exhibit 64: Data Table on Geographic comparison
9.3 Europe - Market size and forecast 2022-2027
Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.4 North America - Market size and forecast 2022-2027
Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 Germany - Market size and forecast 2022-2027
Exhibit 85: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 86: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 87: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.9 US - Market size and forecast 2022-2027
Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)
9.10 UK - Market size and forecast 2022-2027
Exhibit 93: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 94: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 95: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.11 France - Market size and forecast 2022-2027
Exhibit 97: Chart on France - Market size and forecast 2022-2027 ($ million)
Exhibit 98: Data Table on France - Market size and forecast 2022-2027 ($ million)
Exhibit 99: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on France - Year-over-year growth 2022-2027 (%)
9.12 Canada - Market size and forecast 2022-2027
Exhibit 101: Chart on Canada - Market size and forecast 2022-2027 ($ million)
Exhibit 102: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
Exhibit 103: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on Canada - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 105: Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 106: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 108: Overview on factors of disruption
11.4 Industry risks
Exhibit 109: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 110: Vendors covered
12.2 Market positioning of vendors
Exhibit 111: Matrix on vendor position and classification
12.3 Allianz SE
Exhibit 112: Allianz SE - Overview
Exhibit 113: Allianz SE - Business segments
Exhibit 114: Allianz SE - Key news
Exhibit 115: Allianz SE - Key offerings
Exhibit 116: Allianz SE - Segment focus
12.4 Aviva Plc
Exhibit 117: Aviva Plc - Overview
Exhibit 118: Aviva Plc - Business segments
Exhibit 119: Aviva Plc - Key offerings
Exhibit 120: Aviva Plc - Segment focus
12.5 AXA Group
Exhibit 121: AXA Group - Overview
Exhibit 122: AXA Group - Business segments
Exhibit 123: AXA Group - Key offerings
Exhibit 124: AXA Group - Segment focus
12.6 Desjardins Group
Exhibit 125: Desjardins Group - Overview
Exhibit 126: Desjardins Group - Business segments
Exhibit 127: Desjardins Group - Key offerings
Exhibit 128: Desjardins Group - Segment focus
12.7 Direct Line Insurance Group Plc
Exhibit 129: Direct Line Insurance Group Plc - Overview
Exhibit 130: Direct Line Insurance Group Plc - Business segments
Exhibit 131: Direct Line Insurance Group Plc - Key offerings
Exhibit 132: Direct Line Insurance Group Plc - Segment focus
12.8 Discovery Ltd.
Exhibit 133: Discovery Ltd. - Overview
Exhibit 134: Discovery Ltd. - Business segments
Exhibit 135: Discovery Ltd. - Key offerings
Exhibit 136: Discovery Ltd. - Segment focus
12.9 Howden Broking Group Ltd.
Exhibit 137: Howden Broking Group Ltd. - Overview
Exhibit 138: Howden Broking Group Ltd. - Product / Service
Exhibit 139: Howden Broking Group Ltd. - Key offerings
12.10 Kotak Mahindra General Insurance Co. Ltd.
Exhibit 140: Kotak Mahindra General Insurance Co. Ltd. - Overview
Exhibit 141: Kotak Mahindra General Insurance Co. Ltd. - Product / Service
Exhibit 142: Kotak Mahindra General Insurance Co. Ltd. - Key offerings
12.11 Liberty Mutual Holding Co. Inc.
Exhibit 143: Liberty Mutual Holding Co. Inc. - Overview
Exhibit 144: Liberty Mutual Holding Co. Inc. - Business segments
Exhibit 145: Liberty Mutual Holding Co. Inc. - Key offerings
Exhibit 146: Liberty Mutual Holding Co. Inc. - Segment focus
12.12 Metlife Inc.
Exhibit 147: Metlife Inc. - Overview
Exhibit 148: Metlife Inc. - Business segments
Exhibit 149: Metlife Inc. - Key offerings
Exhibit 150: Metlife Inc. - Segment focus
12.13 Navi Technologies Ltd
Exhibit 151: Navi Technologies Ltd - Overview
Exhibit 152: Navi Technologies Ltd - Product / Service
Exhibit 153: Navi Technologies Ltd - Key offerings
12.14 OCTO Telematics S.p.A
Exhibit 154: OCTO Telematics S.p.A - Overview
Exhibit 155: OCTO Telematics S.p.A - Product / Service
Exhibit 156: OCTO Telematics S.p.A - Key offerings
12.15 Sierra Wireless Inc.
Exhibit 157: Sierra Wireless Inc. - Overview
Exhibit 158: Sierra Wireless Inc. - Business segments
Exhibit 159: Sierra Wireless Inc. - Key offerings
Exhibit 160: Sierra Wireless Inc. - Segment focus
12.16 The Allstate Corp.
Exhibit 161: The Allstate Corp. - Overview
Exhibit 162: The Allstate Corp. - Business segments
Exhibit 163: The Allstate Corp. - Key offerings
Exhibit 164: The Allstate Corp. - Segment focus
12.17 The Progressive Corp.
Exhibit 165: The Progressive Corp. - Overview
Exhibit 166: The Progressive Corp. - Product / Service
Exhibit 167: The Progressive Corp. - Key news
Exhibit 168: The Progressive Corp. - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 169: Inclusions checklist
Exhibit 170: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 171: Currency conversion rates for US$
13.4 Research methodology
Exhibit 172: Research methodology
Exhibit 173: Validation techniques employed for market sizing
Exhibit 174: Information sources
13.5 List of abbreviations
Exhibit 175: 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 2022-2027 ($ million)
Exhibits 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibits 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
Exhibits 18: Historic Market Size - Data Table on Global automotive usage-based insurance market 2017 - 2021 ($ million)
Exhibits 19: Historic Market Size - Application Segment 2017 - 2021 ($ million)
Exhibits 20: Historic Market Size - Pricing scheme Segment 2017 - 2021 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
Exhibits 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)
Exhibits 23: Five forces analysis - Comparison between 2022 and 2027
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
Exhibits 26: Threat of new entrants - Impact of key factors in 2022 and 2027
Exhibits 27: Threat of substitutes - Impact of key factors in 2022 and 2027
Exhibits 28: Threat of rivalry - Impact of key factors in 2022 and 2027
Exhibits 29: Chart on Market condition - Five forces 2022 and 2027
Exhibits 30: Chart on Application - Market share 2022-2027 (%)
Exhibits 31: Data Table on Application - Market share 2022-2027 (%)
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 2022-2027 ($ million)
Exhibits 35: Data Table on Embedded UBI - Market size and forecast 2022-2027 ($ million)
Exhibits 36: Chart on Embedded UBI - Year-over-year growth 2022-2027 (%)
Exhibits 37: Data Table on Embedded UBI - Year-over-year growth 2022-2027 (%)
Exhibits 38: Chart on App-based UBI - Market size and forecast 2022-2027 ($ million)
Exhibits 39: Data Table on App-based UBI - Market size and forecast 2022-2027 ($ million)
Exhibits 40: Chart on App-based UBI - Year-over-year growth 2022-2027 (%)
Exhibits 41: Data Table on App-based UBI - Year-over-year growth 2022-2027 (%)
Exhibits 42: Market opportunity by Application ($ million)
Exhibits 43: Chart on Pricing Scheme - Market share 2022-2027 (%)
Exhibits 44: Data Table on Pricing Scheme - Market share 2022-2027 (%)
Exhibits 45: Chart on Comparison by Pricing Scheme
Exhibits 46: Data Table on Comparison by Pricing Scheme
Exhibits 47: Chart on PHYD - Market size and forecast 2022-2027 ($ million)
Exhibits 48: Data Table on PHYD - Market size and forecast 2022-2027 ($ million)
Exhibits 49: Chart on PHYD - Year-over-year growth 2022-2027 (%)
Exhibits 50: Data Table on PHYD - Year-over-year growth 2022-2027 (%)
Exhibits 51: Chart on PAYD - Market size and forecast 2022-2027 ($ million)
Exhibits 52: Data Table on PAYD - Market size and forecast 2022-2027 ($ million)
Exhibits 53: Chart on PAYD - Year-over-year growth 2022-2027 (%)
Exhibits 54: Data Table on PAYD - Year-over-year growth 2022-2027 (%)
Exhibits 55: Chart on MHYD - Market size and forecast 2022-2027 ($ million)
Exhibits 56: Data Table on MHYD - Market size and forecast 2022-2027 ($ million)
Exhibits 57: Chart on MHYD - Year-over-year growth 2022-2027 (%)
Exhibits 58: Data Table on MHYD - Year-over-year growth 2022-2027 (%)
Exhibits 59: Market opportunity by Pricing Scheme ($ million)
Exhibits 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 61: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibits 62: Data Table on Market share By Geographical Landscape 2022-2027 (%)
Exhibits 63: Chart on Geographic comparison
Exhibits 64: Data Table on Geographic comparison
Exhibits 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibits 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibits 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibits 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)
Exhibits 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibits 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibits 71: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibits 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
Exhibits 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibits 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibits 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibits 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
Exhibits 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibits 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibits 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibits 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibits 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibits 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibits 83: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibits 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
Exhibits 85: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibits 86: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibits 87: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibits 88: Data Table on Germany - Year-over-year growth 2022-2027 (%)
Exhibits 89: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibits 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibits 91: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibits 92: Data Table on US - Year-over-year growth 2022-2027 (%)
Exhibits 93: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibits 94: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibits 95: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibits 96: Data Table on UK - Year-over-year growth 2022-2027 (%)
Exhibits 97: Chart on France - Market size and forecast 2022-2027 ($ million)
Exhibits 98: Data Table on France - Market size and forecast 2022-2027 ($ million)
Exhibits 99: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibits 100: Data Table on France - Year-over-year growth 2022-2027 (%)
Exhibits 101: Chart on Canada - Market size and forecast 2022-2027 ($ million)
Exhibits 102: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
Exhibits 103: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibits 104: Data Table on Canada - Year-over-year growth 2022-2027 (%)
Exhibits 105: Market opportunity By Geographical Landscape ($ million)
Exhibits 106: Impact of drivers and challenges in 2022 and 2027
Exhibits 107: Overview on Criticality of inputs and Factors of differentiation
Exhibits 108: Overview on factors of disruption
Exhibits 109: Impact of key risks on business
Exhibits 110: Vendors covered
Exhibits 111: Matrix on vendor position and classification
Exhibits 112: Allianz SE - Overview
Exhibits 113: Allianz SE - Business segments
Exhibits 114: Allianz SE - Key news
Exhibits 115: Allianz SE - Key offerings
Exhibits 116: Allianz SE - Segment focus
Exhibits 117: Aviva Plc - Overview
Exhibits 118: Aviva Plc - Business segments
Exhibits 119: Aviva Plc - Key offerings
Exhibits 120: Aviva Plc - Segment focus
Exhibits 121: AXA Group - Overview
Exhibits 122: AXA Group - Business segments
Exhibits 123: AXA Group - Key offerings
Exhibits 124: AXA Group - Segment focus
Exhibits 125: Desjardins Group - Overview
Exhibits 126: Desjardins Group - Business segments
Exhibits 127: Desjardins Group - Key offerings
Exhibits 128: Desjardins Group - Segment focus
Exhibits 129: Direct Line Insurance Group Plc - Overview
Exhibits 130: Direct Line Insurance Group Plc - Business segments
Exhibits 131: Direct Line Insurance Group Plc - Key offerings
Exhibits 132: Direct Line Insurance Group Plc - Segment focus
Exhibits 133: Discovery Ltd. - Overview
Exhibits 134: Discovery Ltd. - Business segments
Exhibits 135: Discovery Ltd. - Key offerings
Exhibits 136: Discovery Ltd. - Segment focus
Exhibits 137: Howden Broking Group Ltd. - Overview
Exhibits 138: Howden Broking Group Ltd. - Product / Service
Exhibits 139: Howden Broking Group Ltd. - Key offerings
Exhibits 140: Kotak Mahindra General Insurance Co. Ltd. - Overview
Exhibits 141: Kotak Mahindra General Insurance Co. Ltd. - Product / Service
Exhibits 142: Kotak Mahindra General Insurance Co. Ltd. - Key offerings
Exhibits 143: Liberty Mutual Holding Co. Inc. - Overview
Exhibits 144: Liberty Mutual Holding Co. Inc. - Business segments
Exhibits 145: Liberty Mutual Holding Co. Inc. - Key offerings
Exhibits 146: Liberty Mutual Holding Co. Inc. - Segment focus
Exhibits 147: Metlife Inc. - Overview
Exhibits 148: Metlife Inc. - Business segments
Exhibits 149: Metlife Inc. - Key offerings
Exhibits 150: Metlife Inc. - Segment focus
Exhibits 151: Navi Technologies Ltd - Overview
Exhibits 152: Navi Technologies Ltd - Product / Service
Exhibits 153: Navi Technologies Ltd - Key offerings
Exhibits 154: OCTO Telematics S.p.A - Overview
Exhibits 155: OCTO Telematics S.p.A - Product / Service
Exhibits 156: OCTO Telematics S.p.A - Key offerings
Exhibits 157: Sierra Wireless Inc. - Overview
Exhibits 158: Sierra Wireless Inc. - Business segments
Exhibits 159: Sierra Wireless Inc. - Key offerings
Exhibits 160: Sierra Wireless Inc. - Segment focus
Exhibits 161: The Allstate Corp. - Overview
Exhibits 162: The Allstate Corp. - Business segments
Exhibits 163: The Allstate Corp. - Key offerings
Exhibits 164: The Allstate Corp. - Segment focus
Exhibits 165: The Progressive Corp. - Overview
Exhibits 166: The Progressive Corp. - Product / Service
Exhibits 167: The Progressive Corp. - Key news
Exhibits 168: The Progressive Corp. - Key offerings
Exhibits 169: Inclusions checklist
Exhibits 170: Exclusions checklist
Exhibits 171: Currency conversion rates for US$
Exhibits 172: Research methodology
Exhibits 173: Validation techniques employed for market sizing
Exhibits 174: Information sources
Exhibits 175: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global automotive usage-based insurance market: Allianz SE, AXA Group, Desjardins Group, Discovery Ltd., Kotak Mahindra General Insurance Co. Ltd., Liberty Mutual Holding Co. Inc., Metlife Inc., Navi Technologies Ltd, Sierra Wireless Inc., The Allstate Corp., The Progressive Corp., TomTom International BV, Track Global Group Ltd., Verizon Communications Inc., Vodafone Group Plc, Aviva Plc, Howden Broking Group Ltd., Direct Line Insurance Group Plc, OCTO Telematics S.p.A, and The Travelers Co. Inc.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is shared data plans to reduce the number of data subscriptions per user.`

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

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

A selection of companies mentioned in this report includes:

  • Allianz SE
  • AXA Group
  • Desjardins Group
  • Discovery Ltd.
  • Kotak Mahindra General Insurance Co. Ltd.
  • Liberty Mutual Holding Co. Inc.
  • Metlife Inc.
  • Navi Technologies Ltd
  • Sierra Wireless Inc.
  • The Allstate Corp.
  • The Progressive Corp.
  • TomTom International BV
  • Track Global Group Ltd.
  • Verizon Communications Inc.
  • Vodafone Group Plc
  • Aviva Plc
  • Howden Broking Group Ltd.
  • Direct Line Insurance Group Plc
  • OCTO Telematics S.p.A
  • The Travelers Co. Inc.