Press release
Global Insurance Telematics Market Forecast & Analysis 2020 to 2025 - Blooming Worldwide
Verified Market Research
The Global Insurance Telematics Market was valued at USD 1047.17 million in 2016 and is projected to reach USD 5826.52 million by 2025, growing at a CAGR of 21.01% from 2017 to 2025.
Telematics insurance is a way for insurers to analyze the way you drive that allows insurers to calculate risk on the kind of driver you are and adjust the price of your policy accordingly. Telematics insurance benefits the insurers in several ways such as in determining the safe drivers, value-added services and helps with claiming the insurance.
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Competitive Landscape:
The major players in the market are as follows:
TOMTOM Telematics
Trimble Navigation
Verizon Enterprise Solutions
Mix Telematics
Sierra Wireless
Octo Telematics
Masternaut Limited
Agero Inc.
Aplicom OY
Telogis
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