Press release
Is North America Usage Based Insurance Market Really a Strong Market to Invest in 2020? | Latest Study By Data Bridge Market Research
North America Usage Based Insurance Market
North America Usage-Based Insurance Market 2020 Analysis and Precise Outlook: Revenue Analysis, Technological Adoption and Developments, Major Trends, and Market Overview
Leading Players operating in the North America Usage-Based Insurance Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
Vodafone,
Allstate Insurance Company,
Octo Group,
TomTom International,
Allianz,
TrueMotion,
Cambridge Mobile Telematics
North America usage based insurance market is growing with healthy CAGR of 19.3% in the forecast period of 2019 to 2026.
Get FREE Sample Report + All Related Graphs & Charts Here@ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=north-america-usage-based-insurance-market&AM
The 2020 Annual North America Usage-Based Insurance Market offers:
=> 100+ charts exploring and analyzing the North America Usage-Based Insurance market from critical angles including retail forecasts, consumer demand, production and more
=> 10+ profiles of top North America Usage-Based Insurance producing states, with highlights of market conditions and retail trends
=> Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
=> Benchmark wholesale prices, market position, plus prices for raw materials involved in North America Usage-Based Insurance type
Key Segmentation: North America Usage-Based Insurance Market
By Package type (pay-as-you-drive (PAYD), pay-how-you-drive (PHYD), manage-how-you-drive (MHYD)), vehicle type (light-duty vehicle (LDV), heavy-duty vehicles (HDV)), Device offering (company provided, bring your own device (BYOD)), Technology (OBD-II, smartphone, embedded system, black box and others), Vehicle age (new vehicles, on-road vehicles), Electric and hybrid vehicle (hybrid electric vehicle (HEV), plug-in hybrid vehicle (PHEV), battery electric vehicle (BEV)), Country (U.S., Canada, Mexico)
Rapid Business Growth Factors
In addition, the market is growing at a fast pace and the report shows us that there are a couple of key factors behind that. The most important factor that's helping the market grow faster than usual is the tough competition.
Points Which Are Focused In the Report
The report offers market share appraisals for regional and global levels
Potential and niche segments/regions exhibiting promising growth
What are the challenges being faced by the new entrants
Future trends to elucidate imminent investment pockets.
This report provides pin-point analysis for changing competitive dynamics
Comprehensive analysis of the factors that drive and restrict the market growth is provided in the report
Major Industry Competitors:North America Usage-Based Insurance Market
Some of the prominent participants operating in this market are Intelligent Mechatronic Systems Inc., TrueMotion, Cambridge Mobile Telematics, Insure The Box Limited, Progressive Casualty Insurance Company, Modus Group, LLC, Inseego Corp, Metromile Inc., The Floow Limited, Vodafone, Allstate Insurance Company, Octo Group, , TomTom International, Allianz, AXA Equitable Life Insurance Company, , Liberty Mutual Insurance, Verizon, Sierra Wireless, , Mapfre, Movitrack Viasat, Inc., ASSICURAZIONI GENERALI S.P.A., and UNIPOLSAI ASSICURAZIONI S.P.A.
Key Developments in the Market:
In September 2018, Allstate launched a product for life insurance which will pay on monthly basis rather than lump sum amount. This is consumer driven product which will help the company to cover more market share and to aware the people about life insurance.
In October 2018, The Floow launches FlowFleet for the insurer who deals in commercial line. This helped the insurance company to better manage the risk and to provide the optimal premium price to their customer in the high premium rising market.
In June 2018, Allstate launched pay per mile i.e. usage based insurance in New Jersey. This insurance gives more control to customer about their insurance premium and plans for using telematics services for better management in their insurance segment.
In March 2018, Octo Telematics entered into partnership with Renault finance company to provide data analytics and services to its customer globally. This will increase the global market share of the company.
Some extract from Table of Contents
Overview of North America Usage-Based Insurance Market
Usage-Based Insurance Size (Sales Volume) Comparison by Type
Usage-Based Insurance Size (Consumption) and Market Share Comparison by Application
Usage-Based Insurance Size (Value) Comparison by Region
Usage-Based Insurance Sales, Revenue and Growth Rate
Usage-Based Insurance Competitive Situation and Trends
Strategic proposal for estimating availability of core business segments
Players/Suppliers, Sales Area
Analyze competitors, including all important parameters of North America Usage-Based Insurance
Global North America Usage-Based Insurance Manufacturing Cost Analysis
The most recent innovative headway and supply chain pattern mapping
FREE Table Of Contents Is Available Here@ https://www.databridgemarketresearch.com/toc/?dbmr=north-america-usage-based-insurance-market&AM
Key Research Methodology Used By Data Bridge market Research
Why Is Data Triangulation Important In Qualitative Research?
This involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. Triangulation is one method used while reviewing, synthesizing and interpreting field data. Data triangulation has been advocated as a methodological technique not only to enhance the validity of the research findings but also to achieve 'completeness' and 'confirmation' of data using multiple methods
Contact:
Data Bridge Market Research
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UK: +44 208 089 1725
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Email:Corporatesales@databridgemarketresearch.com
About Data Bridge Market Research:
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Data Bridge 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.
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