The Usage-based Insurance Market size is expected to grow at an annual average of 24% during 2021-2027. Usage-Based Insurance (UBI) is a telematics-based auto insurance service that monitors cars, trucks and other commercial or personal vehicles by tracking the distance covered. The first successfully used telematics were launched by long-distance truck drivers to track and coordinate vehicle movement for operations, maintenance, and other purposes.
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A full report of Usage-based Insurance Market is available at: https://www.orionmarketreports.com/usage-based-insurance-market/37695/
The following segmentation are covered in this report:
By Technology
- OBD-II
- Smartphone
- Black Box
- Embedded Telematics
By Package
- PHYD
- PAYD
- Device-based
- Telematics-based
Company Profile
- Allianz SE
- Allstate Corporation
- Aviva
- AXA
- Insurethebox
- Liberty Mutual Insurance
- Mapfre S.A.
- Nationwide Mutual Insurance Company
- Progressive Corporation
- UNIPOLSAI ASSICURAZIONI S.P.A
The report covers the following objectives:
- Proliferation and maturation of trade in the global Usage-based Insurance Market
- The market share of the global Usage-based Insurance Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Usage-based Insurance Market
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Usage-based Insurance Market
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
