Press release
Insurance Telematics Market Outlook, latest developments analysis, Competitive Landscape and Growth by Forecast 2029 Agero,Aplicom
The global insurance telematics market size was valued at $2.37 billion in 2022, and is projected to reach $13.78 billion by 2029, growing at a CAGR of 19.5% from 2023 to 2029.
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Significant Players Covered in the Insurance Telematics Market Report:
Agero,Aplicom,ABAX,Masternaut,Mix Telematics,Octo Telematics,Sierra Wireless,TomTom,Trimble,Verizon Enterprise Solutions, and others.
Industry News:
February 2022 - OCTO Telematics and Ford Motor Company announced to extend their data streaming cooperation in Europe on Feb. 25, 2022. This expands on a North American deal signed in July in previous year. By using Ford's connected vehicle data, OCTO will improve its insurance and analytic services in the UK, Italy, Germany, France, and Spain.
August 2022: ABAX, a significant telematics company, is serving the European market and tapping into the commercial auto insurance market through a partnership with AI-analysis platform Greater Than and carrier Tryg. The new telematics-powered auto insurance offering by ABAX is a dynamically priced product aimed at ABAX's B2B fleet customers in Norway.
Market Segmentation: By Types
Cloud
On-Premises
Market Segmentation: By Application
Passenger Vehicle
Commercial Vehicle
Regional Analysis for Insurance Telematics Market:
North American Market (In the year 2021, the North American section was the most dominant player in the market, and this is likely to endure during the projection period as well. This pre-eminence can be due to the existence of key companies, developments in technology, and a significant increasing desire for interconnected services. The insurance companies in North America have sped up their adoption of cloud solutions and have begun moving their apps and data to a network that is hosted in the cloud.),
European Market (Germany, France, UK, Russia, Italy),
Asia Pacific Market (China, Japan, South Korea, Asian Countries, India, Southeast Asia),
South American Market (Brazil, Argentina ) , Colombia, etc.),
Middle East and Africa Market (Saudi Peninsula, UAE, Egypt, Nigeria, South Africa)
Table of Contents:
Chapter 1 Insurance Telematics Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Insurance Telematics Market Forecast
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The research provides answers to the following key questions:
What is the projected market size of the Insurance Telematics market by 2029?
What will be the normal portion of the overall industry for impending years?
What is the significant development driving components and restrictions of the worldwide Insurance Telematics market across different geographic?
Who are the key sellers expected to lead the market for the appraisal time frame 2023 to 2029?
What is the moving and arising advances expected to influence the advancement of the worldwide market?
What are the development techniques received by the significant market sellers to remain ahead on the lookout?
Global Insurance Telematics Market Report: Key Features
- A comprehensive global and regional analysis of the Insurance Telematics market is also cited in this report.
- Provides detailed coverage of all industry segments in the Insurance Telematics market to evaluate potential trends, development strategies, and industry size estimations as of 2029.
- The report referred to an in-depth assessment of companies that function in the global Insurance Telematics market.
- Each industry participant's company profile includes industry portfolio examination, sales revenue, SWOT analysis and recent developments.
- Growth projections examine product segments and regions where industry-leading contributors should focus on investment trends, production/consumption ratios, and more.
Read the full analysis report for better understanding (description, TOC, list of tables and figures, and much more):
https://www.marketintelligencedata.com/reports/8608066/global-insurance-telematics-market-research-report-2023?mode=Jessie
Key Benefits for Industry Participants and Stakeholders
Competitive landscape & strategies of key players
Historical, current, and projected market size, in terms of value
In-depth analysis of the Insurance Telematics Market
Potential and niche segments and regions exhibiting promising growth covered
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Custom services available with the report:
- 25% free customization.
- You can add 5 countries according to your choice.
- You can add 5 companies according to your choice.
- Free customization up to 40 hours.
- 1 year post-delivery support from the date of delivery.
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