Automotive UBI market in the Asia Pacific is expected to grow from US$ 1.71 Bn in 2018 to US$ 13.57 Bn by the year 2027 with a CAGR of 25.9% from the year 2019 to 2027.
The increasing demand for mobility-as-a-service (MaaS) and various type of insurance premium policies are boosting the growth of the automotive UBI market. Moreover, the strategic partnerships among insurance companies and telematics companies are anticipated to propel automotive UBI market growth in the forecast period. In the last few years, the consumer behavior towards intercity and intracity transit has been transformed to a newer level. A significant percentage of travelers across the globe are no more willing to drive their own vehicles with an objective to avoid traffic. This has given rise to various other transit practices such as car sharing and ride-hailing in developed countries and developing countries. These practices are known as mobility as a service as the consumer avails the vehicle and the driver from a third party service provider. Mobility-as-a-Service aims to provide the consumer with end-to-end transportation with the use of different modes of transportation, thereby making substantial use of the existing transportation infrastructure in an area. The increasing traction of MaaS among the consumers is leading the third party service providers to procure increased count of vehicles so as to enhance the customer experience. With the rise in MaaS in these geographies, there has been a remarkable rise in the number of young drivers, who indulge themselves in rash driving, causing fatal accidents. With an objective to reduce vehicular accidents, several telematics providers and insurance companies are partnering with each other to develop advanced and robust insurance solutions. This is further pacing up the automotive UBI market in the current scenario. Another factor boosting the automotive UBI market through mobility-as-a-service is the rising trend of car sharing and ride-hailing in the developing regions such as India, Singapore, Malaysia, Australia, and Japan, among others.
The black box segment is one of the leading technology with the second highest market share in the Asia Pacific automotive UBI market. Moreover, the black box segment is anticipated to boost its dominance in the forecast period with the highest market share. A black box is a small device that is installed in the customer’s car to measure vehicle location, speed, driving frequency, distance traveled, and time of the day or night during the travel time. Further, other driving behaviors can also be measured, which includes monitoring braking and cornering. This helps in building a comprehensive profile of the driver. The data gathered on driving behaviors provides information on how safe the driving pattern is. This information is then converted into a score that is used by the car insurance provider for creating a customized premium for the driver. Also, an insurance provider can reward a driver securing a high score with a lower premium rate. However, issues related to data privacy is a major concern among customers’. Sharing personally identifiable information of customers’ gathered from black boxes with third parties such as law enforcement agencies or banks may result in the invasion of privacy. This may hinder the automotive UBI market growth to a certain extent.
China dominated the automotive UBI market in 2018 and is anticipated to continue its dominance in the market across the Asia Pacifica region through the forecast period. Some of the countries that are expected to witness growth in the near future include Australia, Singapore, India, and Japan, among others. The figure given below highlights the revenue share of the Canada in the Asia Pacifica automotive UBI market in the forecast period:
Rest of Asia Pacific Automotive UBI Market Revenue and Forecasts to 2027 (US$ Mn)
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
ASIA PACIFIC AUTOMOTIVE UBI MARKET SEGMENTATION
By Technology Fitted
• Smartphones• Black Box • Dongles• OthersBy Policy Type
• Pay-As-You-Drive (PAYD)• Pay-How-You-Drive (PHYD)By Country
• China• Australia• Singapore• Rest of APACAutomotive UBI Market - Companies Mentioned
• Allianz SE• Assicurazioni Generali S.p.A.• AXA SA• Liberty Mutual Insurance Company• MS&AD Insurance Group Holdings, Inc.• Octo Telematics S.p.A• Sierra Wireless, Inc.• TomTom Telematics BV• Unipolsai Assicurazioni S.p.A.• Vodafone Automotive S.P.A.Asia Pacific Automotive Usage-Based Insurance (UBI) Report Scope
Report Attribute | Details |
---|---|
Market size in 2018 | US$ 1.71 Billion |
Market Size by 2027 | US$ 13.57 Billion |
Global CAGR (2019 - 2027) | 25.9% |
Historical Data | 2016-2017 |
Forecast period | 2019-2027 |
Segments Covered |
By Technology Fitted
|
Regions and Countries Covered | Asia-Pacific
|
Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Testimonials

I wish to appreciate your support and the professionalism you displayed in the course of attending to my request for information regarding to infectious disease IVD market in Nigeria. I appreciate your patience, your guidance, and the fact that you were willing to offer a discount, which eventually made it possible for us to close a deal. I look forward to engaging The Insight Partners in the future, all thanks to the impression you have created in me as a result of this first encounter.
DR CHIJIOKE ONYIA, MANAGING DIRECTOR, PineCrest Healthcare Ltd.
The Insight Partners delivered insightful, well-structured market research with strong domain expertise. Their team was professional and responsive throughout. The user-friendly website made accessing industry reports seamless. We highly recommend them for reliable, high-quality research services
Yukihiko Adachi CEO, Deep Blue, LLC.Reason to Buy
- Informed Decision-Making
- Understanding Market Dynamics
- Competitive Analysis
- Customer Insights
- Market Forecasts
- Risk Mitigation
- Strategic Planning
- Investment Justification
- Identifying Emerging Markets
- Enhancing Marketing Strategies
- Boosting Operational Efficiency
- Tracking Industry Innovations
- Aligning with Regulatory Trends
Yes! We provide a free sample of the report, which includes Report Scope (Table of Contents), report structure, and selected insights to help you assess the value of the full report. Please click on the "Download Sample" button or contact us to receive your copy.
Absolutely — analyst assistance is part of the package. You can connect with our analyst post-purchase to clarify report insights, methodology or discuss how the findings apply to your business needs.
Once your order is successfully placed, you will receive a confirmation email along with your invoice.
• For published reports: You’ll receive access to the report within 4–6 working hours via a secured email sent to your email.
• For upcoming reports: Your order will be recorded as a pre-booking. Our team will share the estimated release date and keep you informed of any updates. As soon as the report is published, it will be delivered to your registered email.
We offer customization options to align the report with your specific objectives. Whether you need deeper insights into a particular region, industry segment, competitor analysis, or data cut, our research team can tailor the report accordingly. Please share your requirements with us, and we’ll be happy to provide a customized proposal or scope.
The report is available in either PDF format or as an Excel dataset, depending on the license you choose.
The PDF version provides the full analysis and visuals in a ready-to-read format. The Excel dataset includes all underlying data tables for easy manipulation and further analysis.
Please review the license options at checkout or contact us to confirm which formats are included with your purchase.
Our payment process is fully secure and PCI-DSS compliant.
We use trusted and encrypted payment gateways to ensure that all transactions are protected with industry-standard SSL encryption. Your payment details are never stored on our servers and are handled securely by certified third-party processors.
You can make your purchase with confidence, knowing your personal and financial information is safe with us.
Yes, we do offer special pricing for bulk purchases.
If you're interested in purchasing multiple reports, we’re happy to provide a customized bundle offer or volume-based discount tailored to your needs. Please contact our sales team with the list of reports you’re considering, and we’ll share a personalized quote.
Yes, absolutely.
Our team is available to help you make an informed decision. Whether you have questions about the report’s scope, methodology, customization options, or which license suits you best, we’re here to assist. Please reach out to us at sales@theinsightpartners.com, and one of our representatives will get in touch promptly.
Yes, a billing invoice will be automatically generated and sent to your registered email upon successful completion of your purchase.
If you need the invoice in a specific format or require additional details (such as company name, GST, or VAT information), feel free to contact us, and we’ll be happy to assist.
Yes, certainly.
If you encounter any difficulties accessing or receiving your report, our support team is ready to assist you. Simply reach out to us via email or live chat with your order information, and we’ll ensure the issue is resolved quickly so you can access your report without interruption.















The List of Companies
- Allianz SE
- Assicurazioni Generali S.p.A.
- AXA SA
- Liberty Mutual Insurance Company
- MS&AD Insurance Group Holdings, Inc.
- Octo Telematics S.p.A
- Sierra Wireless, Inc.
- TomTom Telematics BV
- Unipolsai Assicurazioni S.p.A.
- Vodafone Automotive S.P.A


