Automotive Usage Based Insurance Market to 2025 - Global Analysis and Forecasts by Technology (Embedded System, and Application based system); and Service Type (Pay-As-You-Drive (PAYD), Pay-How-You-Drive (PHYD), and Manage-How-You-Drive (MHYD))
Report Code: TIPHE100001345 No. of Pages: 150 Category: Automotive and Transportation Status: Upcoming
An innovative insurance plan for any automotive owner wherein costs of the insurance premium varies with different parameters that include vehicle usage, distance covered using the vehicle, driving behavior of the driver, and the speed at which the driver drives the vehicle. The usage based insurance system for the automotive industry is supposed to be a highly interactive system that interacts constantly with the vehicle and human behavior. Such an innovative usage based insurance system enables the vehicle owner to save considerable money on the premiums. Within this market, the Pay As You Drive (PAYD) and Manage How You Drive (MHYD) are anticipated to become the most preferred types for the calculation of premiums. Many factors are anticipated to augur in good stead for the growth of automotive usage based insurance market.
High advancements in the vehicle telematics technology coupled with increasing usage of sophisticated electronic components integrated by the Automotive OEMs is touted to be one of the major factors driving the automotive usage based insurance market. The concerns regarding the connectivity of technology in areas where the internet does not work well is one of the factors that would hinder the growth of automotive usage based insurance market. Also, advancements in the internet infrastructures of the telecommunication service providers would provide better opportunities for the market players to invest in the business model and enable a prosperous development in the automotive usage based insurance market.
The "Global Automotive Usage Based Insurance Market Analysis to 2025" is a specialized and in-depth study of the automotive usage based insurance market with a focus on the global market trend. The report aims to provide an overview of global automotive usage based insurance market with detailed market segmentation by technology, service type, and geography. The global Automotive Usage Based Insurance Market is expected to witness steady growth during the forecast period. The report provides key statistics on the market status of the leading market players operating in the automotive usage based insurance market and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automotive usage based insurance Market based on technology, and service type. It also provides market size and forecast till 2025 for overall automotive usage based insurance market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 countries globally along with current trend and opportunities prevailing in the region for automotive usage based insurance market.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the Automotive Usage Based Insurance Market in these regions.
Also, key automotive usage based insurance market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information for the last 3 years, the key developments in the past five years. Some of the key players influencing the market are Allianz, Intelligent Mechatronic Systems, Watchstone Group, Octo Telematics, and Sierra Wireless. Also, Hubio, Baseline Telematics, Masternaut, TomTom Telematics, and Progressive Corporation are few other important players in the automotive usage based insurance market.
High advancements in the vehicle telematics technology coupled with increasing usage of sophisticated electronic components integrated by the Automotive OEMs is touted to be one of the major factors driving the automotive usage based insurance market. The concerns regarding the connectivity of technology in areas where the internet does not work well is one of the factors that would hinder the growth of automotive usage based insurance market. Also, advancements in the internet infrastructures of the telecommunication service providers would provide better opportunities for the market players to invest in the business model and enable a prosperous development in the automotive usage based insurance market.
The "Global Automotive Usage Based Insurance Market Analysis to 2025" is a specialized and in-depth study of the automotive usage based insurance market with a focus on the global market trend. The report aims to provide an overview of global automotive usage based insurance market with detailed market segmentation by technology, service type, and geography. The global Automotive Usage Based Insurance Market is expected to witness steady growth during the forecast period. The report provides key statistics on the market status of the leading market players operating in the automotive usage based insurance market and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automotive usage based insurance Market based on technology, and service type. It also provides market size and forecast till 2025 for overall automotive usage based insurance market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 countries globally along with current trend and opportunities prevailing in the region for automotive usage based insurance market.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the Automotive Usage Based Insurance Market in these regions.
Also, key automotive usage based insurance market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information for the last 3 years, the key developments in the past five years. Some of the key players influencing the market are Allianz, Intelligent Mechatronic Systems, Watchstone Group, Octo Telematics, and Sierra Wireless. Also, Hubio, Baseline Telematics, Masternaut, TomTom Telematics, and Progressive Corporation are few other important players in the automotive usage based insurance market.
Table of Contents
1 INTRODUCTION
1.1 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
2 KEY TAKEAWAYS
3 AUTOMOTIVE USAGE BASED INSURANCE MARKET LANDSCAPE
3.1 OVERVIEW
3.2 MARKET SEGMENTATION
3.2.1 Automotive Usage Based Insurance Market - By Technology
3.2.2 Automotive Usage Based Insurance Market - By Service Type
3.2.3 Automotive Usage Based Insurance Market - By Region
3.2.3.1 By Countries
3.2.4 PEST Analysis
3.2.4.1 North America - PEST Analysis
3.2.4.2 Europe - PEST Analysis
3.2.4.3 Asia Pacific (APAC) - PEST Analysis
3.2.4.4 Middle East & Africa (MEA) - PEST Analysis
3.2.4.5 South America (SAM)- PEST Analysis
4 AUTOMOTIVE USAGE BASED INSURANCE MARKET - KEY INDUSTRY DYNAMICS
4.1 KEY MARKET DRIVERS
4.2 KEY MARKET RESTRAINTS
4.3 KEY MARKET OPPORTUNITIES
4.4 FUTURE TRENDS
4.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
?
5 AUTOMOTIVE USAGE BASED INSURANCE MARKET - GLOBAL MARKET ANALYSIS
5.1 AUTOMOTIVE USAGE BASED INSURANCE- GLOBAL MARKET OVERVIEW
5.2 AUTOMOTIVE USAGE BASED INSURANCE- GLOBAL MARKET AND FORECAST TO 2025
6 AUTOMOTIVE USAGE BASED INSURANCE MARKET REVENUE AND FORECASTS TO 2025 - TECHNOLOGY
6.1 OVERVIEW
6.2 TECHNOLOGY MARKET FORECASTS AND ANALYSIS
6.3 EMBEDDED SYSTEM MARKET
6.3.1 Overview
6.3.2 Embedded system market forecast and analysis
6.4 APPLICATION BASED SYSTEM MARKET
6.4.1 Overview
6.4.2 Application based system market forecast and analysis
7 AUTOMOTIVE USAGE BASED INSURANCE MARKET REVENUE AND FORECASTS TO 2025 - SERVICE TYPE
7.1 OVERVIEW
7.2 SERVICE TYPE MARKET FORECASTS AND ANALYSIS
7.3 PAY-AS-YOU-DRIVE (PAYD) MARKET
7.3.1 Overview
7.3.2 Pay-As-You-Drive (PAYD) market forecast and analysis
7.4 PAY-HOW-YOU-DRIVE (PHYD) MARKET
7.4.1 Overview
7.4.2 Pay-How-You-Drive (PHYD) market forecast and analysis
7.5 MANAGE-HOW-YOU-DRIVE (MHYD) MARKET
7.5.1 Overview
7.5.2 Manage-How-You-Drive (MHYD) market forecast and analysis
8 AUTOMOTIVE USAGE BASED INSURANCE MARKET REVENUE AND FORECASTS TO 2025 - GEOGRAPHICAL ANALYSIS
8.1 NORTH AMERICA
8.1.1 North America Automotive Usage Based Insurance Market Overview
8.1.2 North America Automotive Usage Based Insurance Market Forecasts and Analysis
8.1.3 North America Market Forecasts and Analysis - By Countries
8.1.3.1 US market
8.1.3.2 Canada market
8.1.3.3 Mexico market
8.1.4 North America Market Forecasts and Analysis - By Technology
8.1.5 North America Market Forecasts and Analysis - By Service Type
8.2 EUROPE
8.2.1 Europe Automotive Usage Based Insurance Market Overview
8.2.2 Europe Automotive Usage Based Insurance Market Forecasts and Analysis
8.2.3 Europe Market Forecasts and Analysis - By Countries
8.2.3.1 France market
8.2.3.2 Germany market
8.2.3.3 Italy market
8.2.3.4 Spain market
8.2.3.5 UK market
8.2.4 Europe Market Forecasts and Analysis - By Technology
8.2.5 Europe Market Forecasts and Analysis - By Service Type
8.3 ASIA PACIFIC (APAC)
8.3.1 Asia Pacific Automotive Usage Based Insurance Market Overview
8.3.2 Asia Pacific Automotive Usage Based Insurance Market Forecasts and Analysis
8.3.3 Asia Pacific Market Forecasts and Analysis - By Countries
8.3.3.1 Australia market
8.3.3.2 China market
8.3.3.3 India market
8.3.3.4 Japan market
8.3.4 Asia Pacific Market Forecasts and Analysis - By Technology
8.3.5 Asia Pacific Market Forecasts and Analysis - By Service Type
8.4 MIDDLE EAST AND AFRICA (MEA)
8.4.1 Middle East and Africa Automotive Usage Based Insurance Market Overview
8.4.2 Middle East and Africa Automotive Usage Based Insurance Market Forecasts and Analysis
8.4.3 Middle East and Africa Market Forecasts and Analysis - By Countries
8.4.3.1 South Africa market
8.4.3.2 Saudi Arabia market
8.4.3.3 UAE market
8.4.4 Middle East and Africa Market Forecasts and Analysis - By Technology
8.4.5 Middle East and Africa Market Forecasts and Analysis - By Service Type
8.5 SOUTH AMERICA (SAM)
8.5.1 South America Automotive Usage Based Insurance Market Overview
8.5.2 South America Automotive Usage Based Insurance Market Forecasts and Analysis
8.5.3 South America Market Forecasts and Analysis - By Countries
8.5.3.1 Brazil market
8.5.4 South America Market Forecasts and Analysis - By Technology
8.5.5 South America Market Forecasts and Analysis - By Service Type
9 INDUSTRY LANDSCAPE
9.1 MERGERS & ACQUISITIONS
9.2 MARKET INITIATIVES
9.3 NEW DEVELOPMENTS
9.4 INVESTMENT SCENARIOS
10 COMPETITIVE LANDSCAPE
10.1 COMPETITIVE PRODUCT MAPPING
10.2 MARKET POSITIONING/ MARKET SHARE
11 AUTOMOTIVE USAGE BASED INSURANCE MARKET, KEY COMPANY PROFILES
11.1 ALLIANZ
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Financial Overview
11.1.4 SWOT Analysis
11.1.5 Key Developments
11.2 INTELLIGENT MECHATRONIC SYSTEMS
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Financial Overview
11.2.4 SWOT Analysis
11.2.5 Key Developments
11.3 WATCHSTONE GROUP
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Financial Overview
11.3.4 SWOT Analysis
11.3.5 Key Developments
11.4 OCTO TELEMATICS
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Financial Overview
11.4.4 SWOT Analysis
11.4.5 Key Developments
11.5 SIERRA WIRELESS
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Financial Overview
11.5.4 SWOT Analysis
11.5.5 Key Developments
11.6 HUBIO
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Financial Overview
11.6.4 SWOT Analysis
11.6.5 Key Developments
11.7 BASELINE TELEMATICS
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Financial Overview
11.7.4 SWOT Analysis
11.7.5 Key Developments
11.8 MASTERNAUT
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Financial Overview
11.8.4 SWOT Analysis
11.8.5 Key Developments
11.9 TOMTOM TELEMATICS
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Financial Overview
11.9.4 SWOT Analysis
11.9.5 Key Developments
11.10 TOMTOM TELEMATICS
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Financial Overview
11.10.4 SWOT Analysis
11.10.5 Key Developments
12 APPENDIX
12.1 ABOUT THE INSIGHT PARTNERS
12.2 GLOSSARY OF TERMS
12.3 RESEARCH METHODOLOGY
1 INTRODUCTION
1.1 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
2 KEY TAKEAWAYS
3 AUTOMOTIVE USAGE BASED INSURANCE MARKET LANDSCAPE
3.1 OVERVIEW
3.2 MARKET SEGMENTATION
3.2.1 Automotive Usage Based Insurance Market - By Technology
3.2.2 Automotive Usage Based Insurance Market - By Service Type
3.2.3 Automotive Usage Based Insurance Market - By Region
3.2.3.1 By Countries
3.2.4 PEST Analysis
3.2.4.1 North America - PEST Analysis
3.2.4.2 Europe - PEST Analysis
3.2.4.3 Asia Pacific (APAC) - PEST Analysis
3.2.4.4 Middle East & Africa (MEA) - PEST Analysis
3.2.4.5 South America (SAM)- PEST Analysis
4 AUTOMOTIVE USAGE BASED INSURANCE MARKET - KEY INDUSTRY DYNAMICS
4.1 KEY MARKET DRIVERS
4.2 KEY MARKET RESTRAINTS
4.3 KEY MARKET OPPORTUNITIES
4.4 FUTURE TRENDS
4.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
?
5 AUTOMOTIVE USAGE BASED INSURANCE MARKET - GLOBAL MARKET ANALYSIS
5.1 AUTOMOTIVE USAGE BASED INSURANCE- GLOBAL MARKET OVERVIEW
5.2 AUTOMOTIVE USAGE BASED INSURANCE- GLOBAL MARKET AND FORECAST TO 2025
6 AUTOMOTIVE USAGE BASED INSURANCE MARKET REVENUE AND FORECASTS TO 2025 - TECHNOLOGY
6.1 OVERVIEW
6.2 TECHNOLOGY MARKET FORECASTS AND ANALYSIS
6.3 EMBEDDED SYSTEM MARKET
6.3.1 Overview
6.3.2 Embedded system market forecast and analysis
6.4 APPLICATION BASED SYSTEM MARKET
6.4.1 Overview
6.4.2 Application based system market forecast and analysis
7 AUTOMOTIVE USAGE BASED INSURANCE MARKET REVENUE AND FORECASTS TO 2025 - SERVICE TYPE
7.1 OVERVIEW
7.2 SERVICE TYPE MARKET FORECASTS AND ANALYSIS
7.3 PAY-AS-YOU-DRIVE (PAYD) MARKET
7.3.1 Overview
7.3.2 Pay-As-You-Drive (PAYD) market forecast and analysis
7.4 PAY-HOW-YOU-DRIVE (PHYD) MARKET
7.4.1 Overview
7.4.2 Pay-How-You-Drive (PHYD) market forecast and analysis
7.5 MANAGE-HOW-YOU-DRIVE (MHYD) MARKET
7.5.1 Overview
7.5.2 Manage-How-You-Drive (MHYD) market forecast and analysis
8 AUTOMOTIVE USAGE BASED INSURANCE MARKET REVENUE AND FORECASTS TO 2025 - GEOGRAPHICAL ANALYSIS
8.1 NORTH AMERICA
8.1.1 North America Automotive Usage Based Insurance Market Overview
8.1.2 North America Automotive Usage Based Insurance Market Forecasts and Analysis
8.1.3 North America Market Forecasts and Analysis - By Countries
8.1.3.1 US market
8.1.3.2 Canada market
8.1.3.3 Mexico market
8.1.4 North America Market Forecasts and Analysis - By Technology
8.1.5 North America Market Forecasts and Analysis - By Service Type
8.2 EUROPE
8.2.1 Europe Automotive Usage Based Insurance Market Overview
8.2.2 Europe Automotive Usage Based Insurance Market Forecasts and Analysis
8.2.3 Europe Market Forecasts and Analysis - By Countries
8.2.3.1 France market
8.2.3.2 Germany market
8.2.3.3 Italy market
8.2.3.4 Spain market
8.2.3.5 UK market
8.2.4 Europe Market Forecasts and Analysis - By Technology
8.2.5 Europe Market Forecasts and Analysis - By Service Type
8.3 ASIA PACIFIC (APAC)
8.3.1 Asia Pacific Automotive Usage Based Insurance Market Overview
8.3.2 Asia Pacific Automotive Usage Based Insurance Market Forecasts and Analysis
8.3.3 Asia Pacific Market Forecasts and Analysis - By Countries
8.3.3.1 Australia market
8.3.3.2 China market
8.3.3.3 India market
8.3.3.4 Japan market
8.3.4 Asia Pacific Market Forecasts and Analysis - By Technology
8.3.5 Asia Pacific Market Forecasts and Analysis - By Service Type
8.4 MIDDLE EAST AND AFRICA (MEA)
8.4.1 Middle East and Africa Automotive Usage Based Insurance Market Overview
8.4.2 Middle East and Africa Automotive Usage Based Insurance Market Forecasts and Analysis
8.4.3 Middle East and Africa Market Forecasts and Analysis - By Countries
8.4.3.1 South Africa market
8.4.3.2 Saudi Arabia market
8.4.3.3 UAE market
8.4.4 Middle East and Africa Market Forecasts and Analysis - By Technology
8.4.5 Middle East and Africa Market Forecasts and Analysis - By Service Type
8.5 SOUTH AMERICA (SAM)
8.5.1 South America Automotive Usage Based Insurance Market Overview
8.5.2 South America Automotive Usage Based Insurance Market Forecasts and Analysis
8.5.3 South America Market Forecasts and Analysis - By Countries
8.5.3.1 Brazil market
8.5.4 South America Market Forecasts and Analysis - By Technology
8.5.5 South America Market Forecasts and Analysis - By Service Type
9 INDUSTRY LANDSCAPE
9.1 MERGERS & ACQUISITIONS
9.2 MARKET INITIATIVES
9.3 NEW DEVELOPMENTS
9.4 INVESTMENT SCENARIOS
10 COMPETITIVE LANDSCAPE
10.1 COMPETITIVE PRODUCT MAPPING
10.2 MARKET POSITIONING/ MARKET SHARE
11 AUTOMOTIVE USAGE BASED INSURANCE MARKET, KEY COMPANY PROFILES
11.1 ALLIANZ
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Financial Overview
11.1.4 SWOT Analysis
11.1.5 Key Developments
11.2 INTELLIGENT MECHATRONIC SYSTEMS
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Financial Overview
11.2.4 SWOT Analysis
11.2.5 Key Developments
11.3 WATCHSTONE GROUP
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Financial Overview
11.3.4 SWOT Analysis
11.3.5 Key Developments
11.4 OCTO TELEMATICS
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Financial Overview
11.4.4 SWOT Analysis
11.4.5 Key Developments
11.5 SIERRA WIRELESS
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Financial Overview
11.5.4 SWOT Analysis
11.5.5 Key Developments
11.6 HUBIO
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Financial Overview
11.6.4 SWOT Analysis
11.6.5 Key Developments
11.7 BASELINE TELEMATICS
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Financial Overview
11.7.4 SWOT Analysis
11.7.5 Key Developments
11.8 MASTERNAUT
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Financial Overview
11.8.4 SWOT Analysis
11.8.5 Key Developments
11.9 TOMTOM TELEMATICS
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Financial Overview
11.9.4 SWOT Analysis
11.9.5 Key Developments
11.10 TOMTOM TELEMATICS
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Financial Overview
11.10.4 SWOT Analysis
11.10.5 Key Developments
12 APPENDIX
12.1 ABOUT THE INSIGHT PARTNERS
12.2 GLOSSARY OF TERMS
12.3 RESEARCH METHODOLOGY
The List of Companies
1. Allianz
2. Intelligent Mechatronic Systems
3. Watchstone Group
4. Octo Telematics
5. Sierra Wireless
6. Hubio
7. Baseline Telematics
8. Masternaut
9. TomTom Telematics
10. Progressive Corporation
1. Allianz
2. Intelligent Mechatronic Systems
3. Watchstone Group
4. Octo Telematics
5. Sierra Wireless
6. Hubio
7. Baseline Telematics
8. Masternaut
9. TomTom Telematics
10. Progressive Corporation