Insurance Telematics Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Component (Solution, Service); Deployment (Cloud, On-Premises); Organization Size (Small and Medium Enterprises (SMEs), Large Enterprises); End Use (Passenger Vehicle, Commercial Vehicle) and Geography
Report Code: TIPRE00011203
| No. of Pages: 150
| Category: Technology, Media and Telecommunications
| Status: Upcoming
With the increase in the urban population, the insurance telematics market is gaining significant impetus across the world. As insurance telematics is measured as one of the very few modes of guaranteeing future security of many of the businesses, its demand is predicted to rise significantly in the years to come. Additionally, the emergence of cloud computing and the Internet of Things (IoT) are also being highly lucrative for the global insurance telematics market.
The increase in the number of laws and regulations associated with driver safety and decreased cost of connectivity solutions are some of the major factors driving the growth of the insurance telematics market. Moreover, technological advances in the automotive insurance industry led by addition to telematics technology are anticipated to accelerate the insurance telematics market progression.
The "Global Insurance Telematics Market Analysis to 2028" is a specialized and in-depth study of the insurance telematics market with a special focus on the global market trend analysis. The report aims to provide an overview of insurance telematics market with detailed market segmentation by component, deployment, organization size, end user. The global insurance telematics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading insurance telematics market players and offers key trends and opportunities in the insurance telematics market.
The global insurance telematics market is segmented on the basis of component, deployment, organization size, end user. On the basis of component, the market is segmented as solution, service. On the basis of deployment, the market is segmented as cloud, on-premises. On the basis of organization size, the market is segmented as small and medium enterprises (SMEs), large enterprises. On the basis of end user, the market is segmented as passenger vehicle, commercial vehicle.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global insurance telematics market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The insurance telematics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting insurance telematics market from both demand and supply side and further evaluates market dynamics effecting 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 effecting the insurance telematics market in these regions.
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The reports cover key developments in the insurance telematics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from insurance telematics market are anticipated to lucrative growth opportunities in the future with the rising demand for insurance telematics market. Below mentioned is the list of few companies engaged in the insurance telematics market.
The report also includes the profiles of key insurance telematics market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
IMS (Part of Trak Global Group)
Octo Group S.p.A
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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The List of Companies
1. Agero, Inc
3. IMS (Part of Trak Global Group)
4. Masternaut Limited
5. MiX Telematics
6. Octo Group S.p.A
7. Sierra Wireless
8. TOMTOM Telematics
9. Trimble Navigation