Global Automotive Usage-Based Insurance (UBI) Market – Analysis and Forecast (2021-2027)

Industry Insights by Technology (Black Box, OBD-II, Embedded, Smartphone and Others), by Package Type (Pay-How-You-Drive (PHYD), Pay-As-You-Drive (PAYD) and Manage-How-You-Drive (MHYD)), by Vehicle Type (Heavy-duty Vehicle (HDV) and Light-duty Vehicle (LDV)), By Device Offering (Company Provided and Bring Your Own Device (BYOD)), by Vehicle Age (On-Road Vehicle and New Vehicle), by Electric & Hybrid Vehicle (Hybrid Electric Vehicle (HEV), Plug-in Hybrid Vehicle (PHEV) and Battery Electric Vehicle (BEV))

Industry Overview

The global automotive usage-based insurance (UBI) market is estimated to be USD 40.3 billion in 2020 and is predicted to reach USD 95.7 billion by 2027, growing at a CAGR of 18.8 % during the forecast period. The growth of this market is attributed towards acceptance of shifting trends observed amongst insurance providers towards remote diagnostics. The amalgamation of usage-based structure along with remote diagnostics solutions are thus facilitating business organizations to distinguish offers thereby providing them competitive advantage and further enhancing the customer base of the enterprises.

Usage-based insurance is a type of auto-insurance that comprises of in-vehicle communication systems in order to monitor driving behavior and track mileage. In addition, telematics systems thus provide appropriate feedback pertaining to driver safety practices and driving patterns that enables the insurance providers to significantly influence the cost of insurance on the basis of predicted risk. Additionally, benefits provided by usage-based insurance (UBI) to the service providers is thereby escalating the growth of global automotive usage-based insurance (UBI) market.

In order to align insurance premium rates in order to decrease fraudulent insurance claims there are various factors that facilitate insurance service providers to align premium rates of the insurance efficiently. These factors include acceleration & braking patterns, total miles driven, on-road vehicle location (GPS or Global Positioning System), airbag usage and the time of day thereby significantly contributing towards the growth of global automotive usage-based insurance (UBI) market.

Market Segmentation

Insight by Technology

On the basis of technology, the global automotive usage-based insurance (UBI) market is segmented into black box, OBD-II, embedded, smartphone and others. Amongst these segments, embedded segment is expected to witness highest CAGR during the forecast period as it is considered to be an effective system for capturing data and do not require any form of external calibration in order to register data.

Insight by Package Type

Based upon package type, the global automotive usage-based (UBI) insurance market is subdivided into Pay-How-You-Drive (PHYD), Pay-As-You-Drive (PAYD) and Manage-How-You-Drive (MHYD). Amongst these segments, Pay-As-You-Drive (PAYD) is expected to witness highest CAGR during the forecast period due to extensive adoption of PAYD model as it helps in reaping advantages of mileage-based insurance premiums.

Industry Dynamics

Growth Drivers

Extensive adoption of connected cars and telematics along with decreasing insurance premium along with risk related costs is another factor pertaining towards the growth of global automotive usage-based insurance (UBI) market. These systems utilizes advance machine-to-machine techniques that helps in collecting data from in-car vehicles that enables insurance providers to further adjust and set premiums based upon individual’s driving behavior rather than having any history to claim. Furthermore, the growth of this market is attributed towards greater popularity as usage-based insurance systems enables the insurance enterprises to improve business profitability at extensive rate.

Challenges

Increased cases of data privacy, ambiguity over legislative environments and over regulations along with lack of standardized systems are the key factors that are anticipated to hamper the growth of global automotive usage-based insurance (UBI) market.

Geographic Overview

Geographically, North America is the largest revenue contributor in automotive usage-based insurance market due to high popularity of mobility as a service along with extensive collaborations between insurance and telematics companies. Furthermore, these companies are enhancing their solution offers and are providing improved schemes and packages to the insurance providers.

Moreover, Asia-Pacific is expected to witness highest CAGR in automotive-based insurance (UBI) market during the forecast period owing to increasing acceptance of telematics and IoT in Japan, China, India and South Korea. Additionally, increasing level of pollution in countries of Asia-Pacific is thriving the need to adopt fuel-efficient solutions that is further escalating the growth of automotive usage-based insurance (UBI) market in this region.

Competitive Insight

Key players operating in the automotive usage-based insurance market are emphasizing their efforts upon strategic acquisitions in order to strengthen capabilities of research & development that supports them in providing innovative solutions to the users and thus gain competitive advantage.

Some of the major players operating in the global automotive usage-based insurance (UBI) market include UnipolSai Assicurazioni S.p.A, Danlaw, Assicurazioni Generali S.P.A, Allianz SE, Mapfre, S.A, Desjardins Group, Octo Technology Nationwide, Cambridge Mobile Telematics, Liberty Mutual Insurance, Progressive Casualty Insurance Company, Allstate Insurance Company, Intelligent Mechatronic Systems Inc., Vodafone Automotive S.p.A, State Farm Mutual Automobile Insurance Company, Metromile Inc., AXA, TomTom International BV, Sierra Wireless, Zubie, Inc., and Insure The Box Limited.

Primary Research

VynZ Research conducts extensive primary research to understand the market dynamics, validate market data and have key opinions from the industry experts. The key profiles approached within the industry includes, CEO, CFO, CTO, President, Vice President, Product Managers, Regional Heads and Others. Also, end user surveys comprising of consumers are also conducted to understand consumer behaviour.

Source: VynZ Research

Source: VynZ Research

1.    Research Overview 

        1.1.    The Report Offers
        1.2.    Market Coverage
                1.2.1.    By Technology
                1.2.2.    By Package Type
                1.2.3.    By Vehicle Type
                1.2.4.    By Device Offering
                1.2.5.    By Vehicle Age
                1.2.6.    By Electric & Hybrid Vehicle

        1.3.    Research Phases

        1.4.    Limitations

        1.5.    Research Methodology
                1.5.1.    Data Sources
                        1.5.1.1.    Primary Research
                        1.5.1.2.    Secondary Research
                1.5.2.    Methodology
                        1.5.2.1.    Data Exploration
                        1.5.2.2.    Forecast Parameters
                        1.5.2.3.    Data Validation
                        1.5.2.4.    Assumptions
                1.5.3.    Study Period & Data Reporting Unit

2.    Executive Summary

3.    Industry Overview

        3.1.    Industry Dynamics
                3.1.1.    Market Growth Drivers
                3.1.2.    Market Restraints
                3.1.3.    Key Market Trends
                3.1.4.    Major Opportunities

        3.2.    Industry Ecosystem
                3.2.1.    Porter’s Five Forces Analysis
                3.2.2.    Recent Development Analysis
                3.2.3.    Value Chain Analysis

        3.3.    Competitive Insight
                3.3.1.    Competitive Position of Industry Players
                3.3.2.    Market Attractive Analysis

4.    Global Market Estimate and Forecast

        4.1.    Global Market Overview        
        4.2.    Global Market Estimate and Forecast to 2027

5.    Market Segmentation Estimate and Forecast

        5.1.    By Technology 
                5.1.1.    Black Box
                        5.1.1.1.    Market Definition
                        5.1.1.2.    Market Estimation and Forecast to 2027
                5.1.2.    OBD-II
                        5.1.2.1.    Market Definition
                        5.1.2.2.    Market Estimation and Forecast to 2027
                5.1.3.    Embedded
                        5.1.3.1.    Market Definition
                        5.1.3.2.    Market Estimation and Forecast to 2027
                5.1.4.    Smartphone 
                        5.1.4.1.    Market Definition
                        5.1.4.2.    Market Estimation and Forecast to 2027
                5.1.5.    Others
                        5.1.5.1.    Market Definition
                        5.1.5.2.    Market Estimation and Forecast to 2027

        5.2.    By Package Type
                5.2.1.    Pay-How-You-Drive (PHYD)    
                        5.2.1.1.    Market Definition
                        5.2.1.2.    Market Estimation and Forecast to 2027
                5.2.2.    Pay-As-You-Drive (PAYD) 
                        5.2.2.1.    Market Definition
                        5.2.2.2.    Market Estimation and Forecast to 2027
                5.2.3.    Manage-How-You-Drive (MHYD)
                        5.2.3.1.    Market Definition
                        5.2.3.2.    Market Estimation and Forecast to 2027

        5.3.    By Vehicle Type
                5.3.1.    Heavy-duty Vehicle (HDV)     
                        5.3.1.1.    Market Definition
                        5.3.1.2.    Market Estimation and Forecast to 2027
                5.3.2.    Light-duty Vehicle (LDV) 
                        5.3.2.1.    Market Definition
                        5.3.2.2.    Market Estimation and Forecast to 2027

        5.4.    By Device Offering
                5.4.1.    Company Provided     
                        5.4.1.1.    Market Definition
                        5.4.1.2.    Market Estimation and Forecast to 2027
                5.4.2.    Bring Your Own Device (BYOD Market)
                        5.4.2.1.    Market Definition
                        5.4.2.2.    Market Estimation and Forecast to 2027

        5.5.    By Vehicle Age
                5.5.1.    On-Road Vehicle 
                        5.5.1.1.    Market Definition
                        5.5.1.2.    Market Estimation and Forecast to 2027
                5.5.2.    New Vehicle
                        5.5.2.1.    Market Definition
                        5.5.2.2.    Market Estimation and Forecast to 2027

        5.6.    By Electric and Hybrid Vehicle
                5.6.1.    Hybrid Electric Vehicle (HEV)
                        5.6.1.1.    Market Definition
                        5.6.1.2.    Market Estimation and Forecast to 2027
                5.6.2.    Plug-in Hybrid Vehicle (PHEV) 
                        5.6.2.1.    Market Definition
                        5.6.2.2.    Market Estimation and Forecast to 2027
                5.6.3.    Battery Electric Vehicle (BEV)
                        5.6.3.1.    Market Definition
                        5.6.3.2.    Market Estimation and Forecast to 2027

6.    North America Market Estimate and Forecast

        6.1.    By Technology
        6.2.    By Package Type
        6.3.    By Vehicle Type
        6.4.    By Device Offering
        6.5.    By Vehicle Age
        6.6.    By Electric & Hybrid Vehicle

        6.7.    By Country
                6.7.1.    U.S. Market Estimate and Forecast
                6.7.2.    Canada Market Estimate and Forecast
                6.7.3.    Mexico Market Estimate and Forecast

7.    Europe Market Estimate and Forecast

        7.1.    By Technology
        7.2.    By Package Type    
        7.3.    By Vehicle Type        
        7.4.    By Device Offering
        7.5.    By Vehicle Age
        7.6.    By Electric & Hybrid Vehicle

        7.7.    By Country
                7.7.1.    Germany Market Estimate and Forecast
                7.7.2.    France Market Estimate and Forecast
                7.7.3.    U.K. Market Estimate and Forecast
                7.7.4.    Italy Market Estimate and Forecast
                7.7.5.    Spain Market Estimate and Forecast
                7.7.6.    Russia Market Estimate and Forecast
                7.7.7.    Rest of Europe Market Estimate and Forecast

8.    Asia-Pacific Market Estimate and Forecast

        8.1.    By Technology        
        8.2.    By Package Type
        8.3.    By Vehicle Type    
        8.4.    By Device Offering
        8.5.    By Vehicle Age
        8.6.    By Electric & Hybrid Vehicle

        8.7.    By Country 
                8.7.1.    China Market Estimate and Forecast
                8.7.2.    Japan Market Estimate and Forecast
                8.7.3.    India Market Estimate and Forecast
                8.7.4.    South Korea Market Estimate and Forecast
                8.7.5.    Rest of Asia-Pacific Market Estimate and Forecast

9.    Rest of the World (RoW) Market Estimate and Forecast

        9.1.    By Technology    
        9.2.    By Package Type
        9.3.    By Vehicle Type    
        9.4.    By Device Offering    
        9.5.    By Vehicle Age
        9.6.    By Electric & Hybrid Vehicle

        9.7.    By Country
                9.7.1.    Brazil Market Estimate and Forecast
                9.7.2.    Saudi Arabia Market Estimate and Forecast
                9.7.3.    South Africa Market Estimate and Forecast
                9.7.4.    U.A.E. Market Estimate and Forecast
                9.7.5.    Other Countries Market Estimate and Forecast

10.    Company Profiles

        10.1.    UnipolSai Assicurazioni S.p.A
                10.1.1.    Snapshot
                10.1.2.    Overview
                10.1.3.    Offerings
                10.1.4.    Financial Insight
                10.1.5.    Recent Developments

        10.2.    Danlaw
                10.2.1.    Snapshot
                10.2.2.    Overview
                10.2.3.    Offerings
                10.2.4.    Financial Insight
                10.2.5.    Recent Developments

        10.3.    Assicurazioni Generali S.P.A
                10.3.1.    Snapshot
                10.3.2.    Overview
                10.3.3.    Offerings
                10.3.4.    Financial Insight
                10.3.5.    Recent Developments

        10.4.    Allianz SE
                10.4.1.    Snapshot
                10.4.2.    Overview
                10.4.3.    Offerings
                10.4.4.    Financial Insight
                10.4.5.    Recent Developments

        10.5.    Mapfre, S.A
                10.5.1.    Snapshot
                10.5.2.    Overview
                10.5.3.    Offerings
                10.5.4.    Financial Insight
                10.5.5.    Recent Developments

        10.6.    Desjardins Group
                10.6.1.    Snapshot
                10.6.2.    Overview
                10.6.3.    Offerings
                10.6.4.    Financial Insight
                10.6.5.    Recent Developments

        10.7.    Octo Technology Nationwide
                10.7.1.    Snapshot
                10.7.2.    Overview
                10.7.3.    Offerings
                10.7.4.    Financial Insight
                10.7.5.    Recent Developments

        10.8.    Cambridge Mobile Telematics
                10.8.1.    Snapshot
                10.8.2.    Overview
                10.8.3.    Offerings
                10.8.4.    Financial Insight
                10.8.5.    Recent Developments

        10.9.    Liberty Mutual Insurance
                10.9.1.    Snapshot
                10.9.2.    Overview
                10.9.3.    Offerings
                10.9.4.    Financial Insight
                10.9.5.    Recent Developments

        10.10.    Progressive Casualty Insurance Company
                10.10.1. Snapshot
                10.10.2. Overview
                10.10.3. Offerings
                10.10.4. Financial Insight
                10.10.5. Recent Developments

        10.11.    Allstate Insurance Company
                10.11.1. Snapshot
                10.11.2. Overview
                10.11.3. Offerings
                10.11.4. Financial Insight
                10.11.5. Recent Developments
        
        10.12.    Intelligent Mechatronic Systems Inc.
                10.12.1. Snapshot
                10.12.2. Overview
                10.12.3. Offerings
                10.12.4. Financial Insight
                10.12.5. Recent Developments

        10.13.    Vodafone Automotive S.p.A
                10.13.1. Snapshot
                10.13.2. Overview
                10.13.3. Offerings
                10.13.4. Financial Insight
                10.13.5. Recent Developments

        10.14.    State Farm Mutual Automobile Insurance Company
                10.14.1. Snapshot
                10.14.2. Overview
                10.14.3. Offerings
                10.14.4. Financial Insight
                10.14.5. Recent Developments

        10.15.    Metromile Inc.
                10.15.1. Snapshot
                10.15.2. Overview
                10.15.3. Offerings
                10.15.4. Financial Insight
                10.15.5. Recent Developments

        10.16.    AXA
                10.16.1. Snapshot
                10.16.2. Overview
                10.16.3. Offerings
                10.16.4. Financial Insight
                10.16.5. Recent Developments

        10.17.    TomTom International BV
                10.17.1. Snapshot
                10.17.2. Overview
                10.17.3. Offerings
                10.17.4. Financial Insight
                10.17.5. Recent Developments

        10.18.    Sierra Wireless
                10.18.1. Snapshot
                10.18.2. Overview
                10.18.3. Offerings
                10.18.4. Financial Insight
                10.18.5. Recent Developments

        10.19.    Zubie, Inc. 
                10.19.1. Snapshot
                10.19.2. Overview
                10.19.3. Offerings
                10.19.4. Financial Insight
                10.19.5. Recent Developments

        10.20.    Insure The Box Limited
                10.20.1. Snapshot
                10.20.2. Overview
                10.20.3. Offerings
                10.20.4. Financial Insight
                10.20.5. Recent Developments

11.    Appendix

        11.1.    Exchange Rates
        11.2.    Abbreviations

Note: Financial insight and recent developments of different companies are subject to availability of information in secondary domain.

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2015 – 2020 (USD Million)
Table 5 Global Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2021 – 2027 (USD Million)
Table 6 Global Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2015 – 2020 (USD Million)
Table 7 Global Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2021 – 2027 (USD Million)
Table 8 Global Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2015 – 2020 (USD Million)
Table 9 Global Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2021 – 2027 (USD Million)
Table 10 Global Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2015 – 2020 (USD Million)
Table 11 Global Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2021 – 2027 (USD Million)
Table 12 Global Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2015 – 2020 (USD Million)
Table 13 Global Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2021 – 2027 (USD Million)
Table 14 Global Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2015 – 2020 (USD Million)
Table 15 Global Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2021 – 2027 (USD Million)
Table 16 Global Automotive Usage-Based Insurance (UBI) Market Size, by Region, 2015 – 2020 (USD Million)
Table 17 Global Automotive Usage-Based Insurance (UBI) Market Size, by Region, 2021 – 2027 (USD Million)
Table 18 North America Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2015 – 2020 (USD Million)
Table 19 North America Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2021 – 2027 (USD Million)
Table 20 North America Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2015 – 2020 (USD Million)
Table 21 North America Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2021 – 2027 (USD Million)
Table 22 North America Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2015 – 2020 (USD Million)
Table 23 North America Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2021 – 2027 (USD Million)
Table 24 North America Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2015 – 2020 (USD Million)
Table 25 North America Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2021 – 2027 (USD Million)
Table 26 North America Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2015 – 2020 (USD Million)
Table 27 North America Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2021 – 2027 (USD Million)
Table 28 North America Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2015 – 2020 (USD Million)
Table 29 North America Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2021 – 2027 (USD Million)
Table 30 North America Automotive Usage-Based Insurance (UBI) Market Size, by Country, 2015 – 2020 (USD Million)
Table 31 North America Automotive Usage-Based Insurance (UBI) Market Size, by Country, 2021 – 2027 (USD Million)
Table 32 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2015 – 2020 (USD Million)
Table 33 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2021 – 2027 (USD Million)
Table 34 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2015 – 2020 (USD Million)
Table 35 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2021 – 2027 (USD Million)
Table 36 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2015 – 2020 (USD Million)
Table 37 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2021 – 2027 (USD Million)
Table 38 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2015 – 2020 (USD Million)
Table 39 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2021 – 2027 (USD Million)
Table 40 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2015 – 2020 (USD Million)
Table 41 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2021 – 2027 (USD Million)
Table 42 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2015 – 2020 (USD Million)
Table 43 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2021 – 2027 (USD Million)
Table 44 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Country, 2015 – 2020 (USD Million)
Table 45 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Country, 2021 – 2027 (USD Million)
Table 46 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2015 – 2020 (USD Million)
Table 47 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2021 – 2027 (USD Million)
Table 48 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2015 – 2020 (USD Million)
Table 49 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2021 – 2027 (USD Million)
Table 50 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2015 – 2020 (USD Million)
Table 51 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2021 – 2027 (USD Million)
Table 52 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2015 – 2020 (USD Million)
Table 53 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2021 – 2027 (USD Million)
Table 54 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2015 – 2020 (USD Million)
Table 55 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2021 – 2027 (USD Million)
Table 56 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2015 – 2020 (USD Million)
Table 57 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2021 – 2027 (USD Million)
Table 58 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Country, 2015 – 2020 (USD Million)
Table 59 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Country, 2021 – 2027 (USD Million)
Table 60 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2015 – 2020 (USD Million)
Table 61 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2021 – 2027 (USD Million)
Table 62 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2015 – 2020 (USD Million)
Table 63 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2021 – 2027 (USD Million)
Table 64 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2015 – 2020 (USD Million)
Table 65 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2021 – 2027 (USD Million)
Table 66 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2015 – 2020 (USD Million)
Table 67 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2021 – 2027 (USD Million)
Table 68 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2015 – 2020 (USD Million)
Table 69 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2021 – 2027 (USD Million)
Table 70 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2015 – 2020 (USD Million)
Table 71 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2021 – 2027 (USD Million)
Table 72 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Country, 2015 – 2020 (USD Million)
Table 73 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Country, 2021 – 2027 (USD Million)
Table 74 Snapshot – UnipolSai Assicurazioni S.p.A
Table 75 Snapshot – Danlaw
Table 76 Snapshot – Assicurazioni Generali S.P.A
Table 77 Snapshot – Allianz SE
Table 78 Snapshot – Mapfre, S.A
Table 79 Snapshot – Desjardins Group
Table 80 Snapshot – Octo Technology Nationwide
Table 81 Snapshot – Cambridge Mobile Telematics
Table 82 Snapshot – Liberty Mutual Insurance
Table 83 Snapshot – Progressive Casualty Insurance Company
Table 84 Snapshot – Allstate Insurance Company
Table 85 Snapshot – Intelligent Mechatronic Systems Inc.
Table 86 Snapshot – Vodafone Automotive S.p.A
Table 87 Snapshot – State Farm Mutual Automobile Insurance Company
Table 88 Snapshot – Metromile Inc.
Table 89 Snapshot – AXA
Table 90 Snapshot – TomTom International BV
Table 91 Snapshot – Sierra Wireless
Table 92 Snapshot – Zubie, Inc
Table 93 Snapshot – Insure The Box Limited

List of Figures

Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Types for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Automotive Usage-Based Insurance (UBI) Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Automotive Usage-Based Insurance (UBI) Market Highlight
Figure 12 Global Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2015 – 2027 (USD Million)
Figure 13 Global Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2015 – 2027 (USD Million)
Figure 14 Global Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2015 – 2027 (USD Million)
Figure 15 Global Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2015 – 2027 (USD Million)
Figure 16 Global Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2015 – 2027 (USD Million)
Figure 17 Global Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2015 – 2027 (USD Million)
Figure 18 Global Automotive Usage-Based Insurance (UBI) Market Size, by Region, 2015 – 2027 (USD Million)
Figure 19 North America Automotive Usage-Based Insurance (UBI) Market Highlight
Figure 20 North America Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2015 – 2027 (USD Million)
Figure 21 North America Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2015 – 2027 (USD Million)
Figure 22 North America Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2015 – 2027 (USD Million)
Figure 23 North America Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2015 – 2027 (USD Million)
Figure 24 North America Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2015 – 2027 (USD Million)
Figure 25 North America Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2015 – 2027 (USD Million)
Figure 26 North America Automotive Usage-Based Insurance (UBI) Market Size, by Country, 2015 – 2027 (USD Million)
Figure 27 Europe Automotive Usage-Based Insurance (UBI) Market Highlight
Figure 28 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2015 – 2027 (USD Million)
Figure 29 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2015 – 2027 (USD Million)
Figure 30 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2015 – 2027 (USD Million)
Figure 31 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2015 – 2027 (USD Million)
Figure 32 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2015 – 2027 (USD Million)
Figure 33 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2015 – 2027 (USD Million)
Figure 34 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Country, 2015 – 2027 (USD Million)
Figure 35 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Highlight
Figure 36 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2015 – 2027 (USD Million)
Figure 37 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2015 – 2027 (USD Million)
Figure 38 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2015 – 2027 (USD Million)
Figure 39 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2015 – 2027 (USD Million)
Figure 40 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2015 – 2027 (USD Million)
Figure 41 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2015 – 2027 (USD Million)
Figure 42 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Country, 2015 – 2027 (USD Million)
Figure 43 RoW Automotive Usage-Based Insurance (UBI) Market Highlight
Figure 44 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2015 – 2027 (USD Million)
Figure 45 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2015 – 2027 (USD Million)
Figure 46 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2015 – 2027 (USD Million)
Figure 47 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2015 – 2027 (USD Million)
Figure 48 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2015 – 2027 (USD Million)
Figure 49 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2015 – 2027 (USD Million)
Figure 50 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Country, 2015 – 2027 (USD Million)