Insurance Telematics Market 2020 Business Opportunities, Growth and Key Players Includes - TOMTOM Telematics, Trimble Navigation, Verizon Enterprise Solutions, Sierra Wireless

The report attempts to offer a comprehensive analysis of the Insurance Telematics Market status and development trends, including growth, opportunities, rising technology, competitive landscape, types, applications and product offerings of key players.

The global Insurance Telematics market was valued at USD 1.1 Billion in 2018 and is projected to reach USD 4.83 Billion by 2026, growing at a CAGR of 20.07% from 2019 to 2026. Insurers are adapting driver monitoring technology, known as telematics, to recognize safe drivers and reward them with the abridged car insurance policies. The insurance works with the installment of the small devices in the client's cars that records speed patterns, braking patterns, and distance traveled, all with the aim to analyze the driving skills. Insurers use the data to estimate the cost of the insurance with each aspect having an effect on the paying price for the insurance. Drivers participating in the program can access the data online, giving them the opportunity to positively change their driving behavior and reduce premiums.

Top Companies in the Global Insurance Telematics Market Research Report:
TOMTOM Telematics, Trimble Navigation, Verizon Enterprise Solutions, Mix Telematics, Sierra Wireless, Octo Telematics, Masternaut Limited, Agero Inc., Aplicom OY, and Telogis.

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The telematics offers various safety & security services such as automatic crash notification, and medical assistance. Rising demand for risk assessment & management, reduction in the costs of connectivity solutions, growing need of regulatory compliance & regulations, and rising need of insurance telematics across the insurance and automotive sector, reduction in the costs of connectivity solutions are some of the market trends that are expected to support the growth of the market over the forecast period.

Reasons to Purchase this Report:

1. Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
2. Provision of market value (USD Billion) data for each segment and sub-segment
3. Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
4. Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
5. Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
6. Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
7. The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

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Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Insurance Telematics Market Size
2.2 Insurance Telematics Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Insurance Telematics Market Size by Manufacturers
3.2 Insurance Telematics Key Players Head office and Area Served
3.3 Key Players Insurance Telematics Product/Solution/Service
3.4 Date of Enter into Insurance Telematics Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Insurance Telematics Sales by Product
4.2 Global Insurance Telematics Revenue by Product
4.3 Insurance Telematics Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Insurance Telematics Breakdown Data by End User

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