openPR Logo
Press release

Usage-Based Insurance Market Industry 2020-2026: Key Companies Analysis with Market Opportunities | Top Players-Mechatronic Systems Inc., Insure The Box Limited, Progressive Casualty Insurance Company, Inseego Corp, The Floow Limited, Vodafone Group

03-11-2020 12:55 PM CET | IT, New Media & Software

Press release from: DataBridgeMarketResearch

"Usage-Based Insurance Market"

"Usage-Based Insurance Market"

This Usage-Based Insurance Market research report offers you an array of insights about Automotive industry and business solutions that will support to stay ahead of the competition. Systematic investment analysis is also underlined in this Usage-Based Insurance Market report which forecasts impending opportunities for the market players.This market report is the outcome of persistent efforts lead by knowledgeable forecasters, innovative analysts and brilliant researchers who carries out detailed and diligent research on different markets, trends and emerging opportunities in the consecutive direction for the business needs. This report analyses the Automotive industry from top to bottom by considering a myriad of aspects.

Strategically analyzed facts and figures of the market and keen business insights covered in this Usage-Based Insurance Market report would be a key aspect in achieving enduring business growth. The insights provided in this Usage-Based Insurance Market market research report are based upon SWOT analysis on which businesses can rely confidently. The analysis and estimations conducted via this report help to get an idea about the product launches, future products, joint ventures, marketing strategy, developments, mergers and acquisitions and effect of the same on sales, marketing, promotions, revenue, import, export, and CAGR values.

Get Free Sample Report + All Related Graphs & Charts Here@ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=europe-usage-based-insurance-market

Europe usage-based insurance market is expected to register with the healthy CAGR in the forecast period of 2019 to 2026.

As name suggested usage based insurance is calculated by how corresponding vehicle is driven. In other words, usage based insurance is a kind of auto-insurance which totally depends on vehicle used, measured against time, distance, behaviour, place and others. These all usages can be measure using telematics technology; the technology is available in from of mobile application, pre-installed in the car's network or it can be installed in USB port of the vehicle. Usage based insurance and telematics technology has wide range of benefits such as reverse gear indication, tracking of speeding, seat belt use, harsh braking, acceleration control, driver coaching by voice and others. These all benefits have potential to reduce road accidents.

Europe Usage-Based Insurance Market By Packaging 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), 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.K., Germany, France, Italy, Spain, Turkey, Russia, Belgium, Netherlands, Switzerland and Rest of Europe) - Industry Trends and Forecast to 2026

Segmentation: Europe Usage-Based Insurance Market

Europe usage-based insurance market is segmented into six notable segments which are package type, vehicle type, device offering, technology, vehicle age and electric & hybrid vehicle.
o On the basis of package type the market is segmented into pay-as-you-drive (PAYD), pay-how-you-drive (PHYD), and manage-how-you-drive (MHYD)
o On the basis of vehicle type the market is segmented into light-duty vehicle (LDV) and heavy-duty vehicles (HDV)
o On the basis of device offering the market is segmented into company provided and brings your own device
o On the basis of technology the market is segmented into OBD-II, smartphone, embedded system, black box and others.
o On the basis of vehicle age the market is segmented into new vehicles and on-road vehicles
o On the basis of electric and hybrid vehicle the market is segmented into hybrid electric vehicle (HEV), plug-in hybrid vehicle (PHEV) and battery electric vehicle (BEV)

Competitive Analysis: Europe Usage-Based Insurance Market

Some of the prominent participants operating in this market are Mechatronic Systems Inc., Insure The Box Limited, Progressive Casualty Insurance Company, Inseego Corp, The Floow Limited, Vodafone Group, Allstate Insurance Company, Octo Group, TomTom International BV, Allianz, AXA, Equitable Life Life & Casualty Insurance Company, Liberty Mutual Insurance, Verizon, Sierra Wireless, , Mapfre, Viasat S.p.A., ASSICURAZIONI GENERALI S.P.A., , and UNIPOLSAI ASSICURAZIONI S.P.A. among others.

Product Launches

o 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
o In September 2018, Progressive Casualty Insurance Company has introduced ELD Usage-Based Insurance Program for Commercial Truck Drivers. This launch extended the company's service portfolio
o In September 2017, Vantage solution was launched to improve glimpse solution by adding tag sensor. This improved the overall quality of data by integrating smartphone and tags at a single platform

Revealing the Competitive scenario

In today's competitive world you need to think one step ahead to chase your competitors, our research offers reviews about key players, major collaborations, merger & acquisitions along with trending innovation and business policies to present better insights to drive the business into right direction

Key Segmentation: Usage-Based Insurance Market

Regional Outlook

North America (US, Canada, Mexico)

South America (Brazil, Argentina, rest of south America)

Asia and Pacific region (Japan, china, India, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, etc)

Middle east and Africa (UAE, Saudi Arabia, Oman, etc)

Europe (Germany, Italy, U.K, France, Spain, Netherlands, Belgium, Switzerland, Russia, etc)

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.

Research strategies and tools used of Usage-Based Insurance Market:

This Usage-Based Insurance Market research report helps the readers to know about the overall market scenario, strategy to further decide on this market project. It utilizes SWOT analysis, Porter's Five Forces Analysis and PEST analysis.

Key Points of this Report:

The depth industry chain include analysis value chain analysis, porter five forces model analysis and cost structure analysis

The report covers North America and country-wise market of Usage-Based Insurance Market

It describes present situation, historical background and future forecast

Comprehensive data showing Usage-Based Insurance Market capacities, production, consumption, trade statistics, and prices in the recent years are provided

The report indicates a wealth of information on Usage-Based Insurance Market manufacturer

Usage-Based Insurance Market forecast for next five years, including market volumes and prices is also provided

Raw Material Supply and Downstream Consumer Information is also included

Any other user's requirements which is feasible for us

Some extract from Table of Contents

Overview of Usage-Based Insurance Market

Usage-Based Insurance Market Size (Sales Volume) Comparison by Type

Usage-Based Insurance Market Size (Consumption) and Market Share Comparison by Application

Usage-Based Insurance Market Size (Value) Comparison by Region

Usage-Based Insurance Market Sales, Revenue and Growth Rate

Usage-Based Insurance Market Competitive Situation and Trends

Strategic proposal for estimating availability of core business segments

Players/Suppliers, Sales Area

Analyze competitors, including all important parameters of Usage-Based Insurance Market

Usage-Based Insurance Market Manufacturing Cost Analysis

The most recent innovative headway and supply chain pattern mapping

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe, MEA or Asia Pacific.

Free Table Of Contents Is Available Here@ https://www.databridgemarketresearch.com/toc/?dbmr=europe-usage-based-insurance-market

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

Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email: Corporatesales@databridgemarketresearch.com

About Data Bridge Market Research:

An absolute way to forecast what future holds is to comprehend the trend today!

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.

Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.

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 Usage-Based Insurance Market Industry 2020-2026: Key Companies Analysis with Market Opportunities | Top Players-Mechatronic Systems Inc., Insure The Box Limited, Progressive Casualty Insurance Company, Inseego Corp, The Floow Limited, Vodafone Group here

News-ID: 1962088 • Views:

More Releases from DataBridgeMarketResearch

Medical Electronics Market to Exhibit a Remarkable CAGR of 8% by 2029, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook
Medical Electronics Market to Exhibit a Remarkable CAGR of 8% by 2029, Size, Sha …
The medical electronics market is expected to witness market growth at a rate of 8% in the forecast period of 2022 to 2029. Market Definition: Medical electronics is referred to as a particular discipline that assimilates engineering with fields including clinical practice and biomedical sciences. Unlike paper records, medical electronics provides more advantages. Further allowing an individual track information over time it enhances the quality of patient care. Download Sample PDF Copy
Surgical Sponges Market to Exhibit a Remarkable CAGR of 3.60% by 2029, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook
Surgical Sponges Market to Exhibit a Remarkable CAGR of 3.60% by 2029, Size, Sha …
Data Bridge Market Research analyses that the surgical sponges market which was USD 2221.91 million in 2021, would rocket up to USD 2948.52 million by 2029, and is expected to undergo a CAGR of 3.60% during the forecast period 2022 to 2029. Market Definition: A surgical sponge is a specific type of cotton pad that is employed in surgeries to absorb blood and other bodily fluid flow. These sponges are useful for
Antifibrinolytic Market to Exhibit a Remarkable CAGR of 5% by 2029, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook
Antifibrinolytic Market to Exhibit a Remarkable CAGR of 5% by 2029, Size, Share, …
Data Bridge Market Research analyses a growth rate in the global antifibrinolytic market in the forecast period 2022-2029. The expected CAGR of global antifibrinolytic market is tend to be around 5% in the mentioned forecast period. Market Definition: Antifibrinolytic are a type of therapeutics that helps in blood clotting by restricting the process called fibrinolysis. Many antifibrinolytics such as tranexamic acid exert their action by reversibly binding to the lysine receptor
Oxygen Delivery Systems Market to Exhibit a Remarkable CAGR of 6.3% by 2029, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook
Oxygen Delivery Systems Market to Exhibit a Remarkable CAGR of 6.3% by 2029, Siz …
Data Bridge Market Research analyses that the oxygen delivery systems market which was USD 12,949.38 million in 2021, is expected to reach USD 21111.31 million by 2029, at a CAGR of 6.3% during the forecast period 2022 to 2029. Market Definition: A device used to help, regulate, and supplement oxygen to patients in order to increase arterial oxygenation is known as an oxygen delivery system. Oxygen delivery systems provide oxygen therapy, which

All 5 Releases


More Releases for Insurance

Household Insurance market by top keyaplayers - Discount Insurance Home Insuran …
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 marketgrowth. 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 have also been included in
Agriculture Crop Insurance Market Type (MPCI Insurance, Hail Insurance, Livestoc …
Agriculture Crop Insurance market worldwide Agriculture is an important contributor to any economy. The extensive use of crops for direct human consumption and industrial processes has resulted in increasing the pressure on the existing supply demand gap. Increasing need for food security is expected to augment the demand for insurance policies. The two major risks in agricultural sector are price risk, caused due to volatility in prices in the market
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
Agricultural Insurance Market 2018-2023: AnHua Agricultural Insurance, Anxin Agr …
A new research study titled, “Global Agricultural Insurance Market” has been added to the comprehensive repository of Orbis Research Agricultural Insurance Market - Global Status and Trend Report 2018-2023 offer a comprehensive analysis of the Agricultural Insurance industry, standing on the readers’ perspective, delivering detailed market data and penetrating insights. No matter the client is the industry insider, potential entrant or investor, the report will provide useful data and information. The
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