Press release
Usage Based Insurance Market Size, Growth, Segmentation, Share, Forecast 2019-2025
The usage-based insurance market is expected to earn $123 billion by 2022 with a CAGR of 24.6% over the forecast period 2019-2025. Usage-based insurance (UBI) is a telematics-based insurance service that charges premiums based on the consumer's driving behavior. The type of road used, braking and cornering patterns are one of the factors in which insurance premiums are charged. Usage-based insurance includes a variety of services such as Pay-as-you-drive (PAYD), pay-how-you-drive (PHYD) and manage-how-you-drive (MHYD). Factors driving the usage-based insurance market include flexible premiums, reduced likelihood of accidents and vehicle theft, accurate and timely data collection, and low fuel consumption.Get Sample Copy of Usage Based Insurance Market at: https://www.orionmarketreports.com/usage-based-insurance-market/37101/#ert_pane1-1
The following players are covered in this report:
• Allianz SE
• AXA S.A.
• Insure The Box Ltd
• Progressive Corporation
• Allstate Corporation
• Desjardins Insurance
• Generali Group
• Mapfre S.A.
• Metromile
• Aviva plc.
Usage Based Insurance Market Segmentation by Type
• Pay-As-You-Drive (PAYD)
• Pay-How-You-Drive (PHYD)
• Manage-How-You-Drive (MHYD)
Usage Based Insurance Market Segmentation by Technology
• OBD-II
• Smartphone
• Hybrid
• Black-Box
A full report of Global Usage Based Insurance Market is available at: https://www.orionmarketreports.com/usage-based-insurance-market/37101/
Scope of the Report
The research study analyses the global Usage Based Insurance industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Usage Based Insurance Market Report
1. What was the Usage Based Insurance Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
2. What will be the CAGR of Usage Based Insurance Market during the forecast period (2019-2025)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2025).
4. Which manufacturer/vendor/players in the Usage Based Insurance Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
For more customized data, request for report customization @ https://www.orionmarketreports.com/usage-based-insurance-market/37101/#ert_pane1-2
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavours to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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