1 / 14

Usage-Based Insurance Market

The Global Usage-Based Insurance Market is estimated to reach $252.8 Billion by 2024; growing at a CAGR of 38.1% from 2016 to 2024. Usage-based insurance (UBI) is a form of vehicle insurance, where the premiums are based on the type of road, distance covered, and driving behavior of consumers.

deepaakpatel
Download Presentation

Usage-Based Insurance Market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Global Usage-Based Insurance Market Is Expected to Reach $252.8 Billion, Says Variant Market Research Dinesh Patel SEO Analyst help@variantmarketresearch.com sales@variantmarketresearch.com | help@variantmarketresearch.com

  2. DESCRIPTION-USAGE-BASED INSURANCE MARKET The GlobalUsage-Based Insurance Market is estimated to reach $252.8 Billion by 2024; growing at a CAGR of 38.1% from 2016 to 2024. Usage-based insurance (UBI) is a form of vehicle insurance, where the premiums are based on the type of road, distance covered, and driving behavior of consumers. It is also called telematics-based insurance and can either be Pay as You Drive, Pay How You Drive, or Manage How You Drive insurance, depending upon the comfort and preference of consumers. Accurate and timely data collection and lower fuel consumption are the major benefits of telematics based insurance which would show an increased market trend in the coming years, allowing the market competitors improve their position. Browse Complete Report @ https://www.variantmarketresearch.com/report-categories/banking-financial-services-insurance-bfsi/usage-based-insurance-market sales@variantmarketresearch.com | help@variantmarketresearch.com

  3. Global Usage-Based Insurance Market Size and Forecast, 2015 – 2024  sales@variantmarketresearch.com | help@variantmarketresearch.com

  4. USAGE-BASED INSURANCE MARKET The factors that drives the growth of global usage-based insurance market are lower accident and vehicle theft possibilities, enhanced customer loyalty, and reduced claims costs. Also, detection of stolen vehicles through telematics device installed in the vehicle and personalized revenue generating value added services within insurance plans to serve consumer interests more effectively also supplements the market growth. However, high telematics installation cost and privacy concerns may restrain the market in the coming years. Moreover, technological advancement to make the process easier with reduced service rate is expected to pose new growth opportunities for the market in the future years. Get Sample Report https://www.variantmarketresearch.com/report-categories/banking-financial-services-insurance-bfsi/usage-based-insurance-market/sample-request sales@variantmarketresearch.com | help@variantmarketresearch.com

  5. Global Usage-Based Insurance Market, by Type sales@variantmarketresearch.com | help@variantmarketresearch.com

  6. global usage-based insurance market segmentation The global usage-based insurance market is segmented on the basis of type, technology, and geography. By type, the market is segmented into pay-as-you-drive (PAYD), pay-how-you-drive (PHYD), and manage-how-you-drive (MHYD). By technology, the market is bifurcated as OBD-II, smartphone, hybrid, and black box. sales@variantmarketresearch.com | help@variantmarketresearch.com

  7. GLOBAL USAGE-BASED INSURANCE MARKET Regional Revenue % (2016 Vs 2024) Based on geography, usage-based insurance is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., and Rest of North America whereas Europe consists of UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into Australia, Japan, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa. sales@variantmarketresearch.com | help@variantmarketresearch.com

  8. Italy Usage-Based Insurance Market, 2015- 2024 Italy dominates the European usage-based insurance market generating the maximum revenue of the region. Also, the country accounted for 33.1% of the global usage-based insurance market share in 2016. Growing awareness among consumers and technological advancement is boosting the UBI market in the country. The Italy UBI market is expected to grow at a CAGR of 35.5% during the forecast period 2016 – 2024.  sales@variantmarketresearch.com | help@variantmarketresearch.com

  9. THE KEY TAKEAWAYS FROM THE REPORT • The report will provide detailed analysis of Global Usage-Based Insurance Market with respect to major segments such as type, technology, and geography • The report will include the qualitative and quantitative analysis with market estimation over 2015 – 2024 and compound annual growth rate (CAGR) between 2016 and 2024 • Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report • An exhaustive regional analysis of Global Usage-Based Insurance Market has been included in the report • Profile of the key players in the Global Usage-Based Insurance Market will be provided, which include key financials, product & services, new developments and business strategies sales@variantmarketresearch.com | help@variantmarketresearch.com

  10. SCOPE OF THE GLOBAL USAGE-BASED INSURANCE MARKET • Type Segments • Pay-As-You-Drive (PAYD) • Pay-How-You-Drive (PHYD) • Manage-How-You-Drive (MHYD) • Technology Segments • OBD-II • Smartphone • Hybrid • Black Box sales@variantmarketresearch.com | help@variantmarketresearch.com

  11. TABLE OF CONTENT Chapter 3 Market Outline 3.1 Market Inclination, Trend, Outlook and Viewpoint 3.2 Market Share Analysis: Company’s Competitive Scenario 3.3 Market Dynamics 3.3.1 Drivers 3.3.1.1 Impact Analysis 3.3.2 Restraints 3.3.2.1 Impact Analysis 3.3.3 Opportunities …………………………………. Chapter 1 Prefix 1.1 Market Scope 1.2 Report Description 1.3 Research Methodology 1.3.1 Primary Research 1.3.2 Secondary Research 1.3.3 In-house Data Modeling Chapter 2 Executive Summary sales@variantmarketresearch.com | help@variantmarketresearch.com

  12. TABLE OF CONTENT Chapter 7 Company Profiles 7.1 Allianz SE 7.2 Insure The Box Ltd 7.3 Allstate Corporation 7.4 AXA S.A. 7.5 Mapfre S.A 7.6 Progressive Corporation 7.7 Desjardins Insurance 7.8 Aviva plc. 7.9 Metromile 7.10 Generali Group sales@variantmarketresearch.com | help@variantmarketresearch.com

  13. CONTACT US: Web: https://www.variantmarketresearch.com Michael Mendes Head - Sales Variant Market Research 649 Mission St, 5th Floor, San Francisco, CA 94105, United States. Tel: +1-415-680-2785 Fax: +1-415-680-2786 Email: michael.mendes@variantmarketresearch.com Email: help@variantmarketresearch.com sales@variantmarketresearch.com | help@variantmarketresearch.com

  14. THANK YOU …. Sample Request FOLLOW US LinkedIn Twitter Facebook Google Plus sales@variantmarketresearch.com | help@variantmarketresearch.com

More Related