openPR Logo
Press release

Global Usage-Based Insurance Market Comprehensive Business Analysis By 2025 - Top Player are TomTom Telematics, Allianz, AXA, Progressive Insurance, Allstate, Allstate Canada, Desjardins, Generali, MAPFRE, Metromile, Aviva, Admiral Group Plc, Ageas Group

Global Usage-Based Insurance Market

Global Usage-Based Insurance Market

Global Usage-Based Insurance Market Report for 2018 intends to offer target audience with the fresh outlook on market and fill in the knowledge gaps with the help of processed information and opinions from our industry experts. This research study released by Data Bridge Market Research evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The Usage-Based Insurance report is a comprehensive business study on the current state of industry which analyses innovative strategies for business growth and describes important factors such as top manufacturers, production value, key regions, and growth rate. Our report proposed the industry growth element coupled with the current scenario and projecting future trends based on historical and comprehensive research with Detailed Porter's Five Forces Analysis.

KEY HIGHLIGHTS OF THE USAGE-BASED INSURANCE MARKET REPORT:

• Get enlightened information available on the Usage-Based Insurance market worldwide.

• Identify growth in various segments and investment opportunities. Benchmark fulfillment adjacent the key adversary.

• The main criterion related to Usage-Based Insurance industry area including the overall structure of the product, numbers of applications, price, demand, and supply are enfolded in this report.

• The research of emerging Usage-Based Insurance market section and extant industry segments will aid the investors or novice in formulating and developing business strategies.

• Facilitates decision making in view of noteworthy and gauging information also the drivers and limitations available of the market.

• Global Usage-Based Insurance Market share assessments for the regional and country level segments.

MARKET ANALYSIS OVERVIEW:

The Usage-Based Insurance industry is largely based on the driver and the usage of his vehicle and the way he drives. The premium is calculated on these factors which induces lower insurance premium and motivates the user to drive safer. These factors are driving the market and growing the market value from an estimated value of USD 21 billion in 2017 to an estimated value of USD 87.32 billion by 2025, also registering a CAGR of 19.5%.

Want to know what goes into a data bridge market research report? Get a SAMPLE to see selected illustrations and analysis straight from this report.

AVAIL READY SAMPLE REPORT | INSTANTLY AT https://databridgemarketresearch.com/request-a-sample/?dbmr=global-usage-based-insurance-market

Market Drivers:

• Reduced Premium costs in comparison to normal automotive insurance, also increase in the vehicle sales has raised the demand for insurance of vehicles

• Technology is projected to advance in the coming years and hence, Usage-Based insurance which is majorly dependent on the technological aspect is projected to register significant market growth

Market Restraints:

• Usage-Based Insurance is dependent on the driving score. The technology used to calculate these driving scores is expected to be expensive in future, therefore, increasing the cost of the insurance will be a major restraining factor

• Government regulations are not clear on Usage-Based Insurance, which makes the whole process complicated as no clear regulations are set for the users

TABLE OF CONTENTS

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 05: PIPELINE ANALYSIS

• Pipeline analysis

PART 06: MARKET SIZING

• Market definition
• Market sizing
• Market size and forecast

PART 07: PORTER'S FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 08: MARKET SEGMENTATION

• Segmentation
• Comparison
• Market opportunity

PART 09: CUSTOMER LANDSCAPE

PART 10: REGIONAL LANDSCAPE

• Geographical segmentation
• Regional comparison
• North America
• South America
• Europe
• MEA
• APAC
• Market opportunity

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 13: MARKET TRENDS

PART 14: VENDOR LANDSCAPE

• Overview
• Landscape disruption

PART 15: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors

PART 16: APPENDIX

• List of abbreviations

SEE THE COMPLETE TABLE OF CONTENTS AND LIST OF EXHIBITS, AS WELL AS SELECTED ILLUSTRATIONS AND EXAMPLE PAGES FROM THIS REPORT.

FULL READY TOC | AVAILABLE AT https://databridgemarketresearch.com/toc/?dbmr=global-usage-based-insurance-market

MARKET SYNOPSIS

Global Usage-Based Insurance Market, By Package Type (PAYD, PHYD, MHYD), Technology (OBD-II, Smartphone, Embedded System, Black Box), Device (BYOD, Company Provided), Vehicle Age (New Vehicles, On-Road Vehicles), Electric & Hybrid Vehicles (HEV, PHEV, BEV), Vehicle Type (LDV, HDV), Geography (North America, South America, Europe, Asia Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025.

COMPETITIVE ANALYSIS AND KEY POINT

The Global Usage-Based Insurance Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Usage-Based Insurance market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

WHY DATA BRIDGE MARKET RESEARCH?

Technically acclaimed Analysts with complete industry know how
Robust research methodology followed by our publishers to arrive at market estimates
Focus on technology trends
Extensive repository of market research reports to meet our client’s needs
Based on extensive research, we provide clear view of real market scenario and help clients with making informed business decisions

COMPANIES COVERED

• Allianz,
• AXA,
• Progressive Insurance,
• Allstate,
• Allstate Canada,
• Desjardins,
• Generali,
• MAPFRE,
• Metromile,
• Aviva,
• Admiral Group Plc,
• Ageas Group,
• Octo Telematics,
• TomTom Telematics,
• Liberty Mutual Insurance,
• Intelligent Mechatronic Systems – IMS,
• Mitsui Sumitomo Insurance Co. (Europe) Ltd,
• Watchstone Group plc,
• Allianz Australia,
• Aviva Canada,
• Allianz Asia Pacific,
• AXA Insurance Company,
• AXA US,
• Aviva Asia,
• AXA Italia,
• AXA UK,
• Ageas UK,
• Liberty Mutual Insurance Europe Limited

GAIN EASY INQUIRY OF THIS REPORT, ALONG WITH ON-DEMAND SERVICES

INQUIRE ABOUT REPORT | ANALYST CONSULTATION AT https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-usage-based-insurance-market
MARKET SEGMENTATION

Based on region, the market split into

• North America,
• Europe,
• Asia-Pacific, and
• Middle East & Africa, and
• South America

The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others.

U.S. is expected to dominate the market due to the rising pool of elderly population and chronic disease patient pool. Telehealth will help to U.S. healthcare model to shift from episodic model to dynamic continuous monitoring, leading to betterment of healthcare.

By Technology

• On-board Diagnostics-II
• Smartphone
• Embedded System
• Black Box

By Device

• Bring Your Own Device
• Company Provided

By Vehicle Age

• New Vehicles
• On-Road Vehicles

By Package Type

• Pay-As-You-Drive (PAYD)
• Pay-How-You-Drive (PHYD)
• Manage-How-You-Drive (MHYD)

By Electric & Hybrid Vehicles

• Hybrid Electric Vehicle (HEV)
• Plug-In Hybrid Electric Vehicle (PHEV)
• Battery Electric Vehicle

By Vehicle Type

• Light-Duty Vehicle
• Heavy-Duty Vehicle

Customization of the Report

This report can be customized to meet the client’s requirements. Please connect with our sales team (sopan.gedam@databridgemarketresearch.com), who will ensure that you get a report that suits your needs.

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Usage-Based Insurance Market Comprehensive Business Analysis By 2025 - Top Player are TomTom Telematics, Allianz, AXA, Progressive Insurance, Allstate, Allstate Canada, Desjardins, Generali, MAPFRE, Metromile, Aviva, Admiral Group Plc, Ageas Group here

News-ID: 1374313 • Views: 188

More Releases from Data Bridge Market Research

E-Sports Market Competitive Outlook 2020: Leading Players Are Epic Games, Ninten …
New Jersey, United States: The eSports report is prepared by performing high-level market research analysis of key marketplace segments to identify opportunities, challenges, drivers, and market structures for the clients. With an efficient and comprehensive market research study, this eSports market research report provides the facts associated with any subject in the field of marketing. The market insights acquired through this market research report facilitates a more defined understanding of
Business Process Management (BPM) in Real Estate Market to see Major Growth by 2 …
Data Bridge Market Research recently introduced Global Business Process Management (BPM) in Real Estate Market research study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2026. The market Study is segmented by key regions which are accelerating the marketization. At present, the market is developing its presence and some of the key players in the study are IBM Corporation, Oracle, Red
Solid State Drive Market with Top Key Competitors | SAMSUNG; Intel Corporation; …
The latest 100+ page survey report on Solid State Drive Market is released by Data Bridge Market Research covering various players of the industry selected from global geographies like U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Argentina, Turkey, Saudi Arabia & U.A.E. A perfect mix of quantitative & qualitative Market information highlighting developments, industry challenges that
Service Robotics Market Innovative Technology Growth Applications, Analysis of K …
Data Bridge Market Research recently introduced Service Robotics Market research study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2026. The market Study is segmented by key regions which are accelerating the marketization. At present, the market is developing its presence and some of the key players in the study are Parrot Drones SAS; GeckoSystems Intl. Corp.; KUKA AG; DJI; Omron

All 5 Releases


More Releases for Insurance

Household Insurance Market By Key Players: Discount Insurance Home Insurance, On …
Household Insurance Industry Overview The Household Insurance market research study relies upon a combination of primary as well as secondary research. It throws light on the key factors concerned with generating and limiting Household Insurance market growth. In addition, the current mergers and acquisition by key players in the market have been described at length. Additionally, the historical information and current growth of the market have been given in the scope of the research report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Household Insurance market
Non-Life Insurance Market :Health Insurance, Property Insurance, Cargo Insurance …
Non-Life Insurance Market Overview: Summary:Excellence consistency maintains by Garner Insights in Research Report in which studies the global Non-Life Insurance market status and forecast, categorizes and Equipment market value by manufacturers, type, application, and region. Get Access to Report Sample: http://bit.ly/2Q9Hd8z Non-Life Insurance market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been
Insurance Company Profile-Hastings Insurance
Insurance Company Profile: Hastings Insurance Summary "Insurance Company Profile: Hastings Insurance", profile provides a comprehensive review of the company and its UK business. This includes its strategy for growth and focus on digitization as well as its performance in the UK and marketing and distribution strategy. Hastings Group is a general insurance provider in the UK offering car, van, bike, and home insurance products. It operates through two subsidiaries: Hastings Insurance Services and
Landlord Insurance Market: Allianz, NRMA Insurance, QBE, Travelers Insurance, AA …
MarketResearchReports.Biz adds “Global Landlord Insurance Market Share, Size, Trends and Forecast Market Research Report” reports to its database. This report provides a strategic analysis of the Landlord Insurance market and the growth estimates for the forecasted period. The main objective of this report is to aid the user in understanding the market as a whole, its definitions, segmentation, market potential, influential trends, and the barriers that it is facing. Meticulous research
Insurance Market-Saga’s Retail Broking Business Offers Motor Insurance, Pet In …
Orbis Research Market brilliance released a new research report of 33 pages on title ‘Insurance Company Profile: Saga’ with detailed analysis, forecast and strategies. Insurance Company Profile: Saga", profile provides a comprehensive review of Saga and its UK business. This includes its strategy for growth and focus on digitization as well as its performance in the UK and marketing and distribution strategy. Request a sample of this report at http://orbisresearch.com/contacts/request-sample/2026595 Saga
Insurance Market Behaviour & Health Insurance
Professor Howard Bolnick, who taught at the Kellogg School of Management for 13 years and is an international authority on Healthcare will be teaching an intensive 5 days Executive Development Programme on Insurance Market Behaviour & Health Insurance, Organized by the Insurance Foundation of India (IFI). Professor Howard Bolnick, who taught at the Kellogg School of Management for 13 years and is an international authority on Healthcare will be teaching an