According to the new market research report usage-based insurance market for ICE & Electric Vehicle by Package (PAYD, PHYD, MHYD), Technology (OBD-II, Smartphone, Embedded System, Black Box), Vehicle Age (New, On-Road), Device Offering (BYOD, Company Provided), and Region - Global Forecast to 2025. The usage-based insurance market for automotive is ... Read more
The usage-based insurance market for automotive is estimated to be USD 28.43 billion in 2018 and is projected to reach USD 95.81 billion by 2025, at a CAGR of 18.95%. The growing market for connected cars services, increasing regular vehicle insurance, and increased customer acceptance of connected services will drive the market for usage-based insurance.
According to the new market research report usage-based insurance market for ICE & Electric Vehicle by Package (PAYD, PHYD, MHYD), Technology (OBD-II, Smartphone, Embedded System, Black Box), Vehicle Age (New, On-Road), Device Offering (BYOD, Company Provided), and Region - Global Forecast to 2025. The usage-based insurance market for automotive is ... Read more
According to the new market research report usage-based insurance market for ICE & Electric Vehicle by Package (PAYD, PHYD, MHYD), Technology (OBD-II, Smartphone, Embedded System, Black Box), Vehicle Age (New, On-Road), Device Offering (BYOD, Company Provided), and Region - Global Forecast to 2025. The automotive usage based insurance industry has ... Read more
Transparency Market Research has published a new report titled, “Usage-based Insurance Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027”. According to the report, the global usage based ... Read more
Usage-based insurance refers to a type of auto insurance, which utilizes the in-vehicle communication systems to keep a track of driving behavior and mileage. Use of telematics systems gives precise and accurate feedback of the driving patterns and safety practices of the driver. Telematics refers to a method of vehicle monitoring, which combines on-board diagnostics with the GPS system to track behavior of the vehicle. Such a technology enables the insurance companies to alter the insurance ... Read more
Usage-based insurance refers to a type of auto insurance, which utilizes the in-vehicle communication systems to keep a track of driving behavior and mileage. Use of telematics systems gives precise and accurate feedback of the driving patterns and safety practices of the driver. Telematics refers to a method of vehicle monitoring, which combines on-board diagnostics with the GPS system to track behavior of the vehicle. Such a technology enables the insurance companies to ... Read more
