Global Automotive Usage-Based Insurance Market 2018-2022

Published by MRO | On Jan-2018 | Pages : 116 | Report ID : 829858

About Automotive Usage-Based Insurance


The global automotive insurance market is evolving with the growing automotive industry. With increasing need for safety, the insurance coverage for vehicles is also growing at higher premiums.


The analysts forecast the global automotive usage-based insurance market to grow at a CAGR of 6.87 % during the period 2018-2022.


Covered in this report


The report covers the present scenario and the growth prospects of the global automotive usage-based insurance market for 2018-2022. To calculate the market size, the report considers the e driving mileage and driving behavior.


The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

The report, Global Automotive Usage-Based Insurance Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 


Key vendors

  • Allianz
  • Intelligent Mechatronic Systems
  • Watchstone Group
  • Octo Telematics
  • Sierra Wireless

Market drivers

  • Flexible pricing scheme
  • For a full, detailed list, view the full report

Market challenges

  • High cost of telematic device installation
  • For a full, detailed list, view the full report

Market trends

  • Shared data plans to reduce data subscribers per user
  • For a full, detailed list, view the full report

Key questions answered in this report

  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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