Insurance Telematics Market 2021 Strategic Assessments – Agero Inc, Aplicom Oy, Masternaut Ltd, MiX Telematics Ltd

The MarketInsightsReports has added a new statistical data to its repository titled as, Insurance Telematics Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on recent developments and technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries. This market report is a detailed study on the growth, investment opportunities, market statistics, growing competition analysis, major key players, industry facts, important figures, sales, prices, revenues, gross margins, market shares, business strategies, top regions, demand, and developments.

The Insurance Telematics market is expected to grow at a CAGR of 18.5% over the forecast period (2021 - 2026)

Top Companies in the Insurance Telematics Market- Agero Inc, Aplicom Oy, Masternaut Ltd, MiX Telematics Ltd, Octo Telematics SpA, Sierra Wireless Inc, Telogis Inc, TomTom Telematics BV, Trimble Inc, Verizon Enterprise Solutions Inc, Meta System SpA, Intelligent Mechatronic Systems, and other.

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The Insurance Telematics Market report entails a comprehensive database on future market estimation based on historical data analysis. It enables the clients with quantified data for current market perusal. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and regional analysis. This research report is aimed to provide an in-depth analysis of the products’ market performance, developments, and innovations that are creating lucrative opportunities and opening up new market avenues for industry players. Market Insights Reports (MIR)’s in-house analyst team has been monitoring the market for a few years and has been conducting interviews with industry experts to get a better understanding of the market’s future scenario.

Key Market Trends:
The key drivers supporting the initiative for insurance telematics are decreasing the cost of development and technology, altering consumer behavior, and stringent government regulations. The demand for telematics varies across the world, owing to which the industry players are performing pilot projects to understand customer behavior.

- For instance, in the United States, consumers prefer usage-based insurance (UBI) snapshot program, whereas, in the United Kingdom, there are only 2-3% of motor insurance telematics policies. The introduction of insurance telematics has several advantages to the insurer, as well as consumers, which are expected to fuel market growth.

Industry News and Updates
May 2019 - Trimble announced that it has integrated its TMW.Suite transportation management solution with SaferWatch software, an online solution from Truckstop.com that provides carrier information and compliance monitoring. Now, TMW. Suite's customers have the capability to more effectively manage sourcing and onboarding of carriers with automated carrier selection rules, on-demand certificates of insurance, CSA-e percentile scores, and other key data points to ensure users work with qualified carriers. TMW Suite is one of Trimble's transportation management system (TMS) solutions, which enable transportation and logistics providers to better manage nearly every aspect of their business.

Global Insurance Telematics Market Split by Product Type and Applications:

Market Segmentation by Type

On-premise

Cloud

Market Segmentation by Application:

PassengerVehicle

CommercialVehicle

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Major Points Covered in Table of Contents:

– Overview of Insurance Telematics Market
– Global Market Status and Forecast by Regions
– Global Market Status and Forecast by Types
– Global Market Status and Forecast by Downstream Industry
– Market Driving Factor Analysis
– Market Competition Status by Major Manufacturers
– Major Manufacturers Introduction and Market Data
– Upstream and Downstream Market Analysis
– Cost and Gross Margin Analysis
– Marketing Status Analysis
– Market Report Conclusion
– Research Methodology and Reference

We additionally offer customization on reports based on customer necessity:

1-Free Country-level analysis for any 5 countries of your choice.

2-Free Competitive analysis of any 5 key market players.

3-Free 40 analyst hours to cover any other data points.

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