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Latest Study on Automotive Usage-based Insurance Market Growth Analysis by Top Leading Players – Progressive, Allstate, Octo Telematics, MetroMile, Allianz, AXA, Liberty Mutual | Global Forecast till 2022

10-15-2018 05:49 PM CET | Energy & Environment

Press release from: Business Industry Reports

Automotive Usage-based Insurance Market

Automotive Usage-based Insurance Market

Global Automotive Usage-based Insurance Market Report 2018 explores future trends for supply, demand and market growth rate, market size, prices, trading, competition and value chain as well as Key Players of the industry’s information with forecast from 2018 to 2022.

Global Automotive Usage-based Insurance Market Overview:

According to Market Analyst, Global Automotive Usage-based Insurance Market is projected to grow at a healthy growth rate from 2018 to 2022.

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Automotive Usage-based Insurance Market Report covers the Manufacturers data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.

Usage-based Insurance is types of vehicle insurance whereby the costs are dependent upon type of vehicle used, measured against time, distance, behavior and place. The increasing number of vehicles with telematics and connected car services and a reduction in insurance premiums as compared to regular insurance are projected to drive the usage-based insurance market.

Among types, Pay-As-You-Drive (PAYD) package type is estimated to be the largest market for usage-based insurance, by package type, during the forecast period. Various factors affecting the dominance of PAYD are ease of deployment, no complex algorithms for working, and cost-effectiveness for the insurer as well as consumers.

On the Basis of Application, The IT and telecom industry vertical is expected to hold the largest market size during the forecast period, while the retail and consumer goods industry vertical would present prospective opportunities for Automotive Usage-based Insurance vendors during the forecast period.

Regionally, The Americas region is projected to be the largest market for usage-based insurance during the forecast period. The Americas has the highest adoption rate of usage-based insurance as compared to other regions owing to higher regular insurance premiums and high sales of premium D segment and light-duty vehicles.

Purchase this premium research report with 117Pages and No. of Table of contents, List of table at https://www.businessindustryreports.com/buy-now/113210/single .

The Market is segmented and projected on the basis of major key player’s:

1  Progressive

2  Allstate

3  Octo Telematics

4  MetroMile

5  Allianz

6  AXA

7  Liberty Mutual

8  Verizon

9  MovitrackViasat

10 Nationwide

11 Esurance

The market for Automotive Usage-based Insurancecan be segmented on the basis of the following Criteria:

The Market is segmented and projected on the basis of major Region Segmentation

1  North America

2  Europe

3  China

4  Rest of Asia Pacific

5  Central& South America

6  Middle East & Africa

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The Market is segmented and projected on the basis of Product Type Segmentation:

1  Pay-As-You-Drive (PAYD)

2  Pay-How-You-Drive (PHYD)

3  Manage-How-You-Drive (MHYD)

The Market is segmented and projected on the basis of Application Segmentation:

1  Light-Duty Vehicle (LDV)

2  Heavy-Duty Vehicle (HDV)

Key Questions Answered in this Report:

1 What will the market size be in 2022?

2 What are the key factors driving the Automotive Usage-based InsuranceMarket?

3 What are the challenges to market growth?

4 Who are the key players in Automotive Usage-based InsuranceMarket?

5 What are the market opportunities and threats faced by the key players?

TABLE OF CONTENTS

1 Industry Overview of Automotive Usage-based Insurance

2 Global Automotive Usage-based Insurance Competition Analysis by Players

3 Company (Top Players) Profiles

4 Global Automotive Usage-based Insurance Market Size by Type and Application (2013-2018)

5 North America Automotive Usage-based Insurance Development Status and Outlook

6 Europe Automotive Usage-based Insurance Development Status and Outlook

7 China Automotive Usage-based Insurance Development Status and Outlook

8 Rest of Asia Pacific Automotive Usage-based Insurance Development Status and Outlook

9 Central & South America Automotive Usage-based Insurance Development Status and Outlook

10 Middle East & Africa Automotive Usage-based Insurance Development Status and Outlook

11 Market Forecast by Regions, Type and Application (2018-2022)

12 Automotive Usage-based Insurance Market Dynamics

13 Market Effect Factors Analysis

14 Research Finding/Conclusion

15 Appendix

About us

BusinessindustryReports.com is digital database of comprehensive market reports for global industries. As a market research company, we take pride in equipping our clients with insights and data that holds the power to truly make a difference to their business. Our mission is singular and well-defined – we want to help our clients envisage their business environment so that they are able to make informed, strategic and therefore successful decisions for themselves.

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