Insurance Telematics Market Demand Trend: Top Key Players Are-TOMTOM Telematics Trimble Navigation Verizon Enterprise Solutions Mix Telematics Sierra ,Wireless Octo Telematics Masternaut Limited, Agero Inc. Aplicom, OY Telogis
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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The emergence of IoT in insurance telematics has increased the need of assessing risk management and has reduced the costs of connectivity solutions. These characteristics are the potential drivers and have increased the overall growth rate of the global insurance telematics market. Apart from this, the absence of standardized system and concerns regarding data privacy of end-user might hamper the growth of global insurance telematics market.
The major players in the market are as follows:
Verizon Enterprise Solutions
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Table Of Content
1 Introduction Of The Global Insurance Telematics 2 Executive Summary
3 Research Methodology Of Verified Market Intelligence
4 The Insurance Telematics Outlook
5 The Insurance Telematics , By Systems
6 The Insurance Telematics , By Service
7 The Insurance Telematics Verticals
8 The Insurance Telematics , By Applications
9 The Insurance Telematics , By Geography
10 The Insurance Telematics Competitive Landscape
Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Insurance Telematics System market
- Highlights key business priorities in order to assist companies to realign their business strategies. The key findings and recommendations highlight crucial progressive industry trends in the Streaming Analytics System market, thereby allowing players to develop effective long - Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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