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Usage-Based Insurance Market - By Package Type (Pay-As-You-Drive (PAYD), Pay-How-You-Drive (PHYD), Manage-How-You-Drive (MHYD)), By Vehicle Package Type (Light-duty Vehicle (LDV), Heavy-duty Vehicle (HDV)), By Technology (OBD-II, Smartphone, Black Box, Embedded, Other), And By Region (North America, Asia Pacific, Europe, Middle East & Africa and Latin America) - Industry Analysis, Opportunity and Forecast 2020 To 2027

Published Date: May 2021

No. of Pages: 184

Status: Published

Report Code: ARI100605

Usage-based insurance market is estimated at USD 36.71 billion in 2020, the usage-based insurance market size is projected to reach USD 125.7 billion by 2027, growing at a CAGR of 19.2 % during the forecast period. Usage-based insurance is a Package type of auto insurance, which leverages in-vehicle communication systems to track mileage and driving behaviour.

Telematics systems provide accurate feedback of driving patterns and driver safety practices, enabling insurance enterprises to dynamically change the cost of insurance based on the estimated risk. Factors, such as total miles driven, the time of day, on-road vehicle location (Global Positioning System or GPS), acceleration & braking patterns, and airbag usage, allow insurance providers to align insurance premium rates as per actual driving and reduce fraudulent insurance claims. The sustained growth in the adoption of in-vehicle connected insurance solutions for reducing unanticipated claims and incentivizing safe driving will lead to a rise in market share. The usage-based insurance market growth is attributed to increasing popularity of usage-based insurance systems among insurance enterprises for improving business profitability. These insurance policies leverage the latest machine-to-machine technologies to capture dynamic data from in-car devices, enabling insurance providers to set and adjust premiums based on an individual’s driving behaviour, rather than any claim history. This leads to control over claim costs, improvement in pricing models, and accelerated revenue growth.

For instance, in March 2020, All State Insurance Company partnered with Uber to provide PAYD insurance for its drivers. The partnership is enabling the company to promote safe driving habits among Uber’s drivers by incentivizing them with rewards, leading to a reduction in accident insurance claims and increased revenues.

Another factor contributing to usage-based insurance market revenue is the shifting focus of automotive insurance providers toward remote diagnostics. The adoption of sophisticated on-board communication devices for availing insurance provides real-time connectivity between vehicle and insurance companies, enabling them to remotely diagnose vehicle breakdown problems. Remote diagnostics solutions bundled with usage-based insurance are enabling enterprises to differentiate their offerings in a highly competitive insurance industry, creating new avenues for expanding their clientele.

For instance, in January 2017, Cambridge Mobile Telematics launched Drive Well Tag, an IoT device for usage-based insurance technologies with integrated roadside assistance and remote diagnostics. However, concerns over data privacy and product performance issues may hinder the market value from 2020 to 2027.

The usage-based insurance market is led by globally established players such as Unipol Sai Assicurazioni S.p.A (Italy), Progressive Casualty Insurance Company (US), Allstate Insurance Company (US), State Farm Automobile Mutual Insurance Company (US), and Liberty Mutual Insurance Company (US).

Analyst Commentary

By vehicle Package type, light-duty vehicle is estimated to be the largest market for usage-based insurance. Higher sales of LDVs vis-à-vis HDVs have driven the growth of this vehicle segment. According to OICA, light commercial vehicles accounted for almost 95% of the total global vehicle sales in 2020. As the automotive industry continues to evolve with the introduction of next-generation technologies, the demand for LDVs equipped with advanced telematics-based platforms to monitor driving habits and prevent any sudden failures has increased. According to the January 2017 report published by the European Commission, nearly 90% of the new car sales in 2020 will include embedded telematics packages. As multiple automotive manufacturers partner with technology providers to promote the adoption of connected cars, the LDV segment is expected to benefit significantly.

The embedded system segment is expected to grow at the highest CAGR during the forecast period. Embedded system is very accurate at capturing vehicle data as it is an integrated part of the vehicle and does not require external calibration to register data. This also helps reduce the initial cost as the user does not have to buy a separate device (OBD-II or black box) to avail usage-based insurance. The market for embedded system-based UBI is thus directly related to the market for connected cars with inbuilt telematics.

Segmentation

The global market is segmented based on package type, vehicle Package type, technology, and region. Based on package type the market is segmented into Pay-As-You-Drive (PAYD), Pay-How-You-Drive (PHYD), Manage-How-You-Drive (MHYD). On the basis of technology, the market is segmented into OBD-II, Smartphone, Black Box, Embedded, Other technologies. On the basis of vehicle Package type the market is segmented into Light-duty Vehicle (LDV), Heavy-duty Vehicle (HDV).

Regional Analysis

The Latin America & Middle East usage-based insurance industry is anticipated to exhibit an impressive growth rate of over 25% from 2020 to 2027. This is attributed to a sustained increase in the adoption of telematics solutions for augmenting insurance telematics programs across Brazil, Argentina, and South Africa.

Telematic solution providers are forging strategic alliances with insurance providers to offer innovative insurance telematics solutions. For instance, in September 2017, Car Security adopted CalAmp’s telematics technology stack and crash Box vehicle risk management services platform to streamline its connected car offerings.

Under the partnership, CalAmp offers insurance companies telematics tools to optimize the claim management process. Furthermore, growth in the number of connected cars in the region will also accentuate market demand. As connected cars are equipped with advanced in-car technologies and sensors, automakers and insurance agencies can easily collect driving data to analyze risks and offer new value-added offerings to policyholders. This will lead to a rapid surge in the sales of new insurance policies and packages, augmenting the market value.

TABLE OF CONTENTS
Chapter 1. Executive Summary
Chapter 2. Research Methodology
2.1. Research approach
2.2. Scope, definition, and assumptions
2.3. Data Component
2.3.1. Secondary Component
2.3.1.1. Preliminary data mining
2.3.2. Primary Component
2.3.2.1. Statistical Model
2.3.2.2. Data Triangulation
2.3.2.3. Research Objective
Chapter 3. Market Outlook
3.1. Introduction
3.2. Key trends
3.2.1. xx
3.3. Market drivers
3.3.1. Impact analysis of Market Drivers
3.4. Market restraints
3.4.1. Impact analysis of Market Restraints
3.5. Market opportunities
3.5.1. Impact analysis of Market Opportunities
3.6. Market Challenges
3.6.1. Impact analysis of Market Trends
3.7. Porter’s Five Forces’ analysis
3.7.1. Bargaining Power of Suppliers
3.7.2. Bargaining Power of Buyers
3.7.3. Threat of New Entrant
3.7.4. Threat of Substitutes
3.7.5. High Competitive Rivalry
3.8. Value chain analysis
Chapter 4. COVID-19 Impact On Usage based insurance Market
Chapter 5. Global Usage based insurance Market Overview, By Package type, 2015 - 2027(USD Billion)
5.1. Global Usage based insurance Market Share, By Package type, 2015 - 2027 (USD Billion)
5.1.1. Pay-As-You-Drive (PAYD)
5.1.1.1. Market Type and Projections,2015 - 2027 (USD Billion)
5.1.1.2. Market Type and Projections, by Region, 2015 - 2027 (USD Billion)
5.1.2. Pay-How-You-Drive (PHYD)
5.1.2.1. Market Type and Projections,2015 - 2027 (USD Billion)
5.1.2.2. Market Type and Projections, by Region, 2015 - 2027 (USD Billion)
5.1.3. Manage-How-You-Drive (MHYD)
5.1.3.1. Market Type and Projections,2015 - 2027 (USD Billion)
5.1.3.2. Market Type and Projections, by Region, 2015 - 2027 (USD Billion)
Chapter 6. Global Usage based insurance Market Overview, By Technology, 2015 - 2027(USD Billion)
6.1. Global Usage based insurance Market Share, By Technology, 2015 - 2027 (USD Billion)
6.1.1. OBD
6.1.1.1. Market Type and Projections,2015 - 2027 (USD Billion)
6.1.1.2. Market Type and Projections, by Region, 2015 - 2027 (USD Billion)
6.1.2. Smartphone
6.1.2.1. Market Type and Projections, 2015 - 2027 (USD Billion)
6.1.2.2. Market Type and Projections, by Region, 2015 - 2027 (USD Billion)
6.1.3. Black Box
6.1.3.1. Market Type and Projections, 2015 - 2027 (USD Billion)
6.1.3.2. Market Type and Projections, by Region, 2015 - 2027 (USD Billion)
6.1.4. Embedded
6.1.4.1. Market Type and Projections, 2015 - 2027 (USD Billion)
6.1.4.2. Market Type and Projections, by Region, 2015 - 2027 (USD Billion)
Chapter 7. Global Usage based insurance Market Overview, By vehicle type, 2015 - 2027(USD Billion)
7.1. Global Usage based insurance Market Share, By vehicle type, 2015 - 2027 (USD Billion)
7.1.1. Light-duty vehicle (LDV)
7.1.1.1. Market Type and Projections,2015 - 2027 (USD Billion)
7.1.1.2. Market Type and Projections, by Region, 2015 - 2027 (USD Billion)
7.1.2. Heavy-duty vehicle (HDV)
7.1.2.1. Market Type and Projections, 2015 - 2027 (USD Billion)
7.1.2.2. Market Type and Projections, by Region, 2015 - 2027 (USD Billion)
Chapter 8. Global Usage based insurance Market Overview, By Geography, 2015 - 2027(USD Billion)
8.1. Global Usage based insurance Market Share, By Geography, 2015 - 2027(USD Billion)
8.1.1. Market Type and projections, by Countries, 2015 - 2027 (USD Billion)
8.1.2. Market Share and CAGR Comparison, by Countries, 2020 - 2027 (%)
Chapter 9. North America Usage based insurance Market Overview, By Countries, 2015 - 2027(USD Billion)
9.1. North America Usage based insurance Market Overview, 2015 - 2027 (USD Billion)
9.1.1. Market Type and projections, 2015 - 2027 (USD Billion)
9.1.2. North America Usage based insurance Market Overview, By Package type, 2015 - 2027 (USD Billion)
9.1.3. North America Usage based insurance Market Overview, By Technology, 2015 - 2027 (USD Billion)
9.1.4. North America Usage based insurance Market Overview, By vehicle type, 2015 - 2027 (USD Billion)
9.1.5. North America Usage based insurance Market Overview, By Countries, 2015 - 2027 (USD Billion)
9.1.5.1. U.S. Usage based insurance Market Overview, 2015 - 2027 (USD Billion)
9.1.5.1.1. Market Type and projections, 2015 - 2027 (USD Billion)
9.1.5.1.2. U.S. Usage based insurance Market Overview, By Package type, 2015 - 2027 (USD Billion)
9.1.5.1.3. U.S. Usage based insurance Market Overview, By Technology, 2015 - 2027 (USD Billion)
9.1.5.1.4. Other Segment
9.1.5.2. Canada Usage based insurance Market Overview, 2015 - 2027 (USD Billion)
9.1.5.2.1. Market Type and projections, 2015 - 2027 (USD Billion)
9.1.5.2.2. Canada Usage based insurance Market Overview, By Package type, 2015 - 2027 (USD Billion)
9.1.5.2.3. Canada Usage based insurance Market Overview, By Technology, 2015 - 2027 (USD Billion)
9.1.5.2.4. Other Segment
9.1.5.3. Mexico Usage based insurance Market Overview, 2015 - 2027 (USD Billion)
9.1.5.3.1. Market Type and projections, 2015 - 2027 (USD Billion)
9.1.5.3.2. Mexico Usage based insurance Market Overview, By Package type, 2015 - 2027 (USD Billion)
9.1.5.3.3. Mexico Usage based insurance Market Overview, By Technology, 2015 - 2027 (USD Billion)
9.1.5.3.4. Other Segment
Chapter 10. Europe Usage based insurance Market Overview, By Countries, 2015 - 2027(USD Billion)
10.1. Europe Usage based insurance Market Overview, 2015 - 2027 (USD Billion)
10.1.1. Market Type and projections, 2015 - 2027 (USD Billion)
10.1.2. Europe Usage based insurance Market Overview, By Package type, 2015 - 2027 (USD Billion)
10.1.3. Europe Usage based insurance Market Overview, By Technology, 2015 - 2027 (USD Billion)
10.1.4. Europe Usage based insurance Market Overview, By vehicle type,2015 - 2027 (USD Billion)
10.1.5. Europe Skin Care Types Market Overview, By Countries, 2015 - 2027 (USD Billion)
10.1.5.1. Germany
10.1.5.1.1. Market Type and projections, 2015 - 2027 (USD Billion)
10.1.5.1.2. Germany Usage based insurance Market Overview, By Package type, 2015 - 2027(USD Billion)
10.1.5.1.3. Germany Usage based insurance Market Overview, By Technology, 2015 - 2027(USD Billion)
10.1.5.1.4. Other Segments
10.1.5.2. France
10.1.5.2.1. Market Type and projections, 2015 - 2027 (USD Billion)
10.1.5.2.2. France Usage based insurance Market Overview, By Package type, 2015 - 2027(USD Billion)
10.1.5.2.3. France Usage based insurance Market Overview, By Technology, 2015 - 2027(USD Billion)
10.1.5.2.4. Other Segments
10.1.5.3. UK
10.1.5.3.1. Market Type and projections, 2015 - 2027 (USD Billion)
10.1.5.3.2. UK Usage based insurance Market Overview, By Package type, 2015 - 2027(USD Billion)
10.1.5.3.3. UK Usage based insurance Market Overview, By Technology, 2015 - 2027(USD Billion)
10.1.5.3.4. Other Segments
10.1.5.4. Italy
10.1.5.4.1. Market Type and projections, 2015 - 2027 (USD Billion)
10.1.5.4.2. Italy Usage based insurance Market Overview, By Package type, 2015 - 2027(USD Billion)
10.1.5.4.3. Italy Usage based insurance Market Overview, By Technology 2015 - 2027(USD Billion)
10.1.5.4.4. Other Segments
10.1.5.5. Spain
10.1.5.5.1. Market Type and projections, 2015 - 2027 (USD Billion)
10.1.5.5.2. Spain Usage based insurance Market Overview, By Package type, 2015 - 2027(USD Billion)
10.1.5.5.3. Spain Usage based insurance Market Overview, By Technology, 2015 - 2027(USD Billion)
10.1.5.5.4. Other Segments
10.1.5.6. Rest of Europe
10.1.5.6.1. Market Type and projections, 2015 – 2027
10.1.5.6.2. Rest of Europe Usage based insurance Market Overview, By Package type, 2015 - 2027(USD Billion)
10.1.5.6.3. Rest of Europe Usage based insurance Market Overview, By Technology, 2015 - 2027(USD Billion)
10.1.5.6.4. Other Segments
Chapter 11. Asia Pacific Usage based insurance Market Overview, By Countries, 2015 - 2027 (USD Billion)
11.1. Asia Pacific Usage based insurance Market Overview, 2015 - 2027 (USD Billion)
11.1.1. Market Type and projections, 2015 - 2027 (USD Billion)
11.1.2. Asia Pacific Usage based insurance Market Overview, By Package type, 2015 - 2027 (USD Billion)
11.1.3. Asia Pacific Usage based insurance Market Overview, By Technology, 2015 - 2027 (USD Billion)
11.1.4. Asia Pacific Usage based insurance Market Overview, By vehicle type,2015 - 2027 (USD Billion)
11.1.5. Asia Pacific Usage based insurance Market Overview, By Countries, 2015 - 2027 (USD Billion)
11.1.5.1. India
11.1.5.1.1. Market Type and projections, 2015 - 2027 (USD Billion)
11.1.5.1.2. India Usage based insurance Market Overview, By Package type, 2015 - 2027(USD Billion)
11.1.5.1.3. India Usage based insurance Market Overview, By Technology, 2015 - 2027 (USD Billion)
11.1.5.1.4. Other Segments
11.1.5.2. China
11.1.5.2.1. Market Type and projections, 2015 - 2027(USD Billion)
11.1.5.2.2. China Usage based insurance Market Overview, By Package type, 2015 - 2027(USD Billion)
11.1.5.2.3. China Usage based insurance Market Overview, By Technology, 2015 - 2027 (USD Billion)
11.1.5.2.4. Other Segments
11.1.5.3. Japan
11.1.5.3.1. Market Type and projections, 2015 - 2027 (USD Billion)
11.1.5.3.2. Japan Usage based insurance Market Overview, By Package type, 2015 - 2027(USD Billion)
11.1.5.3.3. Japan Usage based insurance Market Overview, By Technology, 2015 - 2027(USD Billion)
11.1.5.3.4. Other Segments
11.1.5.4. South Korea
11.1.5.4.1. Market Type and projections, 2015 - 2027(USD Billion)
11.1.5.4.2. South Korea Usage based insurance Market Overview, By Package type, 2015 - 2027(USD Billion)
11.1.5.4.3. South Korea Usage based insurance Market Overview, By Technology, 2015 - 2027 (USD Billion)
11.1.5.4.4. Other Segments
11.1.5.5. Rest of Asia Pacific
11.1.5.5.1. Market Type and projections, 2015 - 2027 (USD Billion)
11.1.5.5.2. Rest of Asia Pacific Usage based insurance Market Overview, By Package type, 2015 - 2027(USD Billion)
11.1.5.5.3. Rest of Asia Pacific Usage based insurance Market Overview, By Technology, 2015 - 2027 (USD Billion)
11.1.5.5.4. Other Segments
Chapter 12. Middle East & Africa Usage based insurance Market Overview, By Countries, 2015 - 2027 (USD Billion)
12.1. Middle East & Africa Usage based insurance Market Overview, 2015 - 2027 (USD Billion)
12.1.1. Market Type and projections, 2015 - 2027 (USD Billion)
12.1.2. Middle East & Africa Usage based insurance Market Overview, By Package type, 2015 - 2027 (USD Billion)
12.1.3. Middle East & Africa Usage based insurance Market Overview, By Technology, 2015 - 2027 (USD Billion)
12.1.4. Middle East & Africa Usage based insurance Market Overview, By vehicle type,2015 - 2027 (USD Billion)
12.1.5. Middle East & Africa Usage based insurance Market Overview, By Countries, 2015 - 2027 (USD Billion)
12.1.5.1. GCC
12.1.5.1.1. Market Type and projections, 2015 - 2027 (USD Billion)
12.1.5.1.2. GCC Usage based insurance Market Overview, By Package type, 2015 - 2027 (USD Billion)
12.1.5.1.3. GCC Usage based insurance Market Overview, By Technology, 2015 - 2027 (USD Billion)
12.1.5.1.4. Other Segments
12.1.5.2. South Africa
12.1.5.2.1. Market Type and projections, 2015 - 2027 (USD Billion)
12.1.5.2.2. South Africa Usage based insurance Market Overview, By Package type, 2015 - 2027 (USD Billion)
12.1.5.2.3. South Africa Usage based insurance Market Overview, By Technology, 2015 - 2027 (USD Billion)
12.1.5.2.4. Other Segments
12.1.5.3. Rest of Middle East & Africa
12.1.5.3.1. Market Type and projections, 2015 - 2027 (USD Billion)
12.1.5.3.2. Rest of Middle East & Africa Usage based insurance Market Overview, By Package type, 2015 - 2027 (USD Billion)
12.1.5.3.3. Rest of Middle East & Africa Usage based insurance Market Overview, By Technology, 2015 - 2027 (USD Billion)
12.1.5.3.4. Other Segments
Chapter 13. South America Usage based insurance Market Overview, By Countries, 2015 - 2027 (USD Billion)
13.1. South America Usage based insurance Market Overview, 2015 - 2027 (USD Billion)
13.1.1. Market Type and projections, 2015 - 2027 (USD Billion)
13.1.2. South America Usage based insurance Market Overview, By Package type, 2015 - 2027 (USD Billion)
13.1.3. South America Usage based insurance Market Overview, By Technology, 2015 - 2027 (USD Billion)
13.1.4. South America Usage based insurance Market Overview, By vehicle type,2015 - 2027 (USD Billion)
13.1.5. South America Usage based insurance Market Overview, By Countries, 2015- 2026 (USD Billion)
13.1.6. Brazil
13.1.6.1. Market Type and projections, 2015 - 2027 (USD Billion)
13.1.6.2. Brazil Usage based insurance Market Overview, By Package type, 2015 - 2027 (USD Billion)
13.1.6.3. Brazil Usage based insurance Market Overview, By Technology, 2015 - 2027 (USD Billion)
13.1.6.4. Other Segments
13.1.7. Argentina
13.1.7.1. Market Type and projections, 2015 - 2027 (USD Billion)
13.1.7.2. Argentina Usage based insurance Market Overview, By Package type, 2015 - 2027 (USD Billion)
13.1.7.3. Argentina Usage based insurance Market Overview, By Technology, 2015 - 2027 (USD Billion)
13.1.7.4. Other Segments
13.1.8. Rest of South America
13.1.8.1. Market Type and projections, 2015 – 2027
13.1.8.2. Rest of South America Usage based insurance Market Overview, By Package type, 2015 - 2027 (USD Billion)
13.1.8.3. Rest of South America Usage based insurance Market Overview, By Technology, 2015 - 2027 (USD Billion)
13.1.8.4. Other Segments
Chapter 14. Competitive Landscape
14.1. Competitive environment, 2020
14.2. Strategic framework
14.2.1. Partnership/agreement
14.2.2. Expansion
14.2.3. Mergers & Acquisitions
14.2.4. New Type development
Chapter 15. Key Vendor Analysis
15.1. Progressive casualty insurance company
15.1.1. Company overview
15.1.2. Financial performance
15.1.3. Product Benchmarking
15.1.4. Recent initiatives
15.1.5. SWOT analysis
15.2. Allstate insurance company
15.2.1. Company overview
15.2.2. Financial performance
15.2.3. Product Benchmarking
15.2.4. Recent initiatives
15.2.5. SWOT analysis
15.3. State farm Automobile insurance company
15.3.1. Company overview
15.3.2. Financial performance
15.3.3. Product Benchmarking
15.3.4. Recent initiatives
15.4. Mutual insurance Company
Chapter 16. Usage based insurance Market Cost Analysis
16.1. Usage based insurance Market Key Type Analysis
16.1.1. Key Type
16.1.2. Price Trend of Key Type
16.1.3. Key Suppliers of Type
16.1.4. Market Concentration Rate of Type
16.1.5. Labor Cost
Chapter 17. Sourcing Strategy and Downstream Buyers
17.1. Usage based insurance Market Chain Analysis
17.2. Upstream Type Sourcing
17.3. Usage based insurance Market Major Manufacturers in 2021
17.4. Downstream Buyers
Chapter 18. Marketing Strategy Analysis, Distributors/Traders
18.1. Marketing Channel
18.1.1. Direct Marketing
18.1.2. Indirect Marketing
18.1.3. Marketing Channel Development Trend
18.2. Market Positioning
18.2.1. Pricing Strategy
18.2.2. Brand Strategy
18.2.3. Target Client
18.3. Distributors/Traders List
Chapter 19. Market Effect Factors Analysis
19.1. Technology Progress/Risk
19.1.1. Substitutes Threat
19.1.2. Technology Progress in Related Type
19.2. Consumer Needs/Customer Preference Change
19.3. Economic/Political Environmental Change
Chapter 20. Future Outlook of the Market
Disclaimer 
List of Figures
1. Market segmentation
2. Value chain analysis
3. Porter’s Five Forces’ analysis
4. Power of Suppliers
5. Power of Buyers
6. Threat of New Entrants
7. Threat of Substitute
8. Competitive Rivalry
9. Global Usage based insurance Market share, By Package type, 2020 & 2027 (%)
10. Global Usage based insurance Market share, by Pay-As-You-Drive (PAYD), By Package type, 2015 - 2027 (USD Billion)
11. Global Usage based insurance Market share, by Pay-How-You-Drive (PHYD), By Package type, 2015 - 2027 (USD Billion)
12. Global Usage based insurance Market share, by Manage-How-You-Drive (MHYD), By Package type, 2015 - 2027 (USD Billion)
13. Global Usage based insurance Market share, By Technology, 2020 & 2027 (%)
14. Global Usage based insurance Market share, by OBD, By Technology, 2015 - 2027 (USD Billion)
15. Global Usage based insurance Market share, by Smartphone, By Technology 2015 - 2027 (USD Billion)
16. Global Usage based insurance Market share, by Black Box, By Technology 2015 - 2027 (USD Billion)
17. Global Usage based insurance Market share, by Embedded, By Technology 2015 - 2027 (USD Billion)
18. Global Usage based insurance Market share, By vehicle type, 2020 & 2027 (%)
19. Global Usage based insurance Market share, by Light-duty vehicle (LDV), By vehicle type, 2015 - 2027 (USD Billion)
20. Global Usage based insurance Market share, by Heavy-duty vehicle (HDV), By vehicle type 2015 - 2027 (USD Billion)
21. Global Usage based insurance Market share, by region, 2020 & 2027 (%)
22. Global Usage based insurance Market share, by region, 2015 - 2027(USD Billion)
23. North America Usage based insurance Market, 2015 - 2027(USD Billion)
24. North America Usage based insurance Market share, by Countries, 2020 & 2027 (%)
25. U.S. Usage based insurance Market, 2015 - 2027(USD Billion)
26. Canada Usage based insurance Market, 2015 - 2027(USD Billion)
27. Mexico Usage based insurance Market, 2015 - 2027(USD Billion)
28. Europe Usage based insurance Market, 2015 - 2027(USD Billion)
29. Europe Usage based insurance Market share, by Countries, 2020 & 2027 (%)
30. Spain Usage based insurance Market, 2015 - 2027(USD Billion)
31. UK Usage based insurance Market, 2015 - 2027(USD Billion)
32. Italy Usage based insurance Market, 2015 - 2027(USD Billion)
33. Germany Usage based insurance Market, 2015 - 2027(USD Billion)
34. France Usage based insurance Market, 2015 - 2027(USD Billion)
35. Rest of Europe Usage based insurance Market, 2015 - 2027(USD Billion)
36. Asia-Pacific Usage based insurance Market, 2015 - 2027(USD Billion)
37. Asia-Pacific Usage based insurance Market share, by Countries, 2020 & 2027 (%)
38. China Usage based insurance Market, 2015 - 2027(USD Billion)
39. India Usage based insurance Market, 2015 - 2027(USD Billion)
40. Australia Usage based insurance Market, 2015 - 2027(USD Billion)
41. Japan Usage based insurance Market, 2015 - 2027(USD Billion)
42. Rest of Asia-Pacific Usage based insurance Market, 2015 - 2027(USD Billion)
43. Middle East & Africa Usage based insurance Market, 2015 - 2027(USD Billion)
44. Middle East & Africa Usage based insurance Market share, by Countries, 2020 & 2027 (%)
45. GCC Usage based insurance Market, 2015 - 2027(USD Billion)
46. South Africa Usage based insurance Market, 2015 - 2027(USD Billion)
47. Rest Of Middle East & Africa Usage based insurance Market, 2015 - 2027(USD Billion)
48. South America Usage based insurance Market, 2015 - 2027(USD Billion)
49. Brazil Usage based insurance Market, 2015 - 2027(USD Billion)
50. Mexico Usage based insurance Market, 2015 - 2027(USD Billion)
51. Argentina Usage based insurance Market, 2015 - 2027(USD Billion)
52. Rest Of South America Usage based insurance Market, 2015 - 2027(USD Billion)

List of Tables

1. Impact of Market drivers
2. Impact of Market restraints
3. Global Usage based insurance Market, 2015-2027 (USD Billion)
4. Usage based insurance requirement, by country, 2015-2027, (USD Billion)
5. North America Usage based insurance Market, By Package type, 2015-2027 (USD Billion)
6. North America Usage based insurance Market, By Technology, 2015-2027 (USD Billion)
7. North America Usage based insurance Market, By vehicle type, 2015-2027 (USD Billion)
8. Europe Usage based insurance Market, By Package type, 2015-2027 (USD Billion)
9. Europe Usage based insurance Market, By Technology, 2015-2027 (USD Billion)
10. Europe Usage based insurance Market, By vehicle type, 2015-2027 (USD Billion)
11. Asia Pacific Usage based insurance Market, By Package type, 2015-2027 (USD Billion)
12. Asia Pacific Usage based insurance Market, By Technology, 2015-2027 (Revenue, USD Billion)
13. Asia Pacific Usage based insurance Market, By vehicle type, 2015-2027 (Revenue, USD Billion)
14. Middle East & Africa Usage based insurance Market, By Package type, 2015-2027 (USD Billion)
15. Middle East & Africa Usage based insurance Market, By Technology, 2015-2027 (USD Billion)
16. Middle East & Africa Usage based insurance Market, By vehicle type, 2015-2027 (USD Billion)
17. South America Usage based insurance Market, By Package type, 2015-2027 (USD Billion)
18. South America Usage based insurance Market, By Technology, 2015-2027 (USD Billion)
19. South America Usage based insurance Market, By vehicle type, 2015-2027 (USD Billion)
20. Global Usage based insurance Market, Company Market Share, 2020 - 2027 (%)
21. Progressive casualty insurance company : Deployment model Benchmarking
22. Progressive casualty insurance company : Financial Performance
23. Allstate insurance company : Deployment model Benchmarking
24. Allstate insurance company : Financial Performance
25. State farm Automobile insurance company: Deployment model Benchmarking
26. State farm Automobile insurance company : Financial Performance
27. Mutual insurance Company: Deployment model Benchmarking
28. Mutual insurance Company: Financial Performance

The Leading Key Players in Usage Based Insurance Market

Unipol Sai Assicurazioni S.p.A (Italy)
Progressive Casualty Insurance Company (US)
Allstate Insurance Company (US)
State Farm Automobile Mutual Insurance Company (US)
Liberty Mutual Insurance Company (US).