Automotive Usage-Based Insurance Market Key Industry Analysis
The report covers a detailed analysis and forecast for the global automotive usage-based insurance market on a global and regional level from 2021 to 2028. The study offers historical data from 2016 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Million). The study comprises a comprehensive view of the market with a review of market drivers, restraints, and opportunities. It also provides the level of impact of drivers and restraints on the automotive usage-based insurance market between 2021 and 2028.
These assessments help users of the report to analyze the automotive usage-based insurance market on the basis of different metrics that includes brand loyalty, switching costs, capital investments, economies of scale, regulatory legislation, current sales networks, production rights and patents, customer preferences, and promotional effects. This categorized data is expected to aid industry stakeholders in decision-making.The study also suggests company penetration plans for new entrants. Furthermore, the automotive usage-based insurance industry study report has listed the main manufacturers and distributors operating in all the major regions. We anticipate that this analysis and data will assist industry players to strengthen their networks of market penetration and expand their geographical breadth as a result of their efforts.
Market Research Store (MRS) published a latest report titled “Automotive Usage-Based Insurance Market research report which is segmented by Products (Embedded UBI, App-based UBI), by Applications (Commercial car, Passenger car), by Key Players/Companies (Watchstone Group, Baseline Telematics, Intelligent Mechatronic Systems, Octo Telematics, Hubio, Allianz, Sierra Wireless, Masternaut, TomTom Telematics)”. In 2020, the global automotive usage-based insurance market demand was registered at XX (USD Million) and is predicted to reach XX (USD Million) at a CAGR of XX% by 2028.
Report Scope:
| Report Attributes | Report Details |
|---|---|
| Report Title | Automotive Usage-Based Insurance Market Research Report |
| By Products | Embedded UBI, App-based UBI |
| By Applications | Commercial car, Passenger car |
| By Key Players | Watchstone Group, Baseline Telematics, Intelligent Mechatronic Systems, Octo Telematics, Hubio, Allianz, Sierra Wireless, Masternaut, TomTom Telematics |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East And Africa (MEA) |
| Countries Covered | North America : U.S and Canada Europe : U.K, Spain, Germany, Italy, Russia, France, Rest of Europe APAC : Japan, India, China, Australia, South Korea, South East Asia, Rest of Asia Pacific Latin America : Mexico, Brazil The Middle East And Africa : South Africa, UAE, Saudi Arab, Rest of MEA |
| Base Year | 2020 |
| Historical Year | 2016to 2020 (Depending on availability, data from 2010 can be offered) |
| Forecast Year | 2028 |
| Number of Pages | 128 |
| Customization Available | Yes, the report can be tailored to meet your specific requirements. |
The study includes a detailed competitive scenario and product portfolio of key vendors. The report evaluates Porter’s Five Forces model to analyze the different factors affecting the growth of the automotive usage-based insurance market. Furthermore, the study encompasses a market attractiveness analysis, which provides the most attractive and least attractive market segments information by products, applications, and region. Additionally, the report also covers the exhaustive regulatory landscape, technology landscape, value chain analysis and PEST analysis.
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Automotive Usage-Based Insurance Market COVID-19 Impact Analysis
The epidemic of COVID-19 has caused significant economic and social upheaval. The pandemic has had an influence on the supply chain and value chain of numerous businesses. The automotive usage-based insurance market is not an exception. The impact of the COVID-19 pandemic will be analyzed on the basis of the overall industry including both the demand side and supply side perspectives. The effects of the pandemic would be studied and analyzed for short-term and long-term scenarios. This would assist to formulate business strategies for the period during the pandemic as well as the post-pandemic period for all stakeholders involved in the industry including suppliers, manufacturers, vendors, distributors, and end-users.
Automotive Usage-Based Insurance Market Key Segment Analysis
The report study delivers a critical assessment on the automotive usage-based insurance by segmenting the total addressable market based on products, applications, and region. All the segments & categories of the automotive usage-based insurance market are evaluated on the basis of past and future trends. The data for the market and its segments & categories are provided from 2016 to 2028. The report has identified the important segments & categories offering the most to the total addressable market growth in terms of revenue as well as the factors advancing their development.
The report includes a detailed segment analysis of the automotive usage-based insurance market based on products, applications, and region. On the basis of Products, the market can be classified into Embedded UBI, App-based UBI. Based on the Applications, the market can be segmented into the Commercial car, Passenger car.
Key Market Players & Competitive Landscape of Automotive Usage-Based Insurance Market
The report provides exhaustive information on all the key players in the industry based on company overview, company market share, recent developments, business strategies, and financial performance among others. The report will also provide an extensive product portfolio for each company along with detailed descriptions/features. This report also contains useful recommendations for both established and new players around the world.
Some of the key players in the automotive usage-based insurance market include:
- Watchstone Group
- Baseline Telematics
- Intelligent Mechatronic Systems
- Octo Telematics
- Hubio
- Allianz
- Sierra Wireless
- Masternaut
- TomTom Telematics
Due to the existence of multiple significant competitors, the industry is very competitive. Several inorganic growth techniques, such as acquisitions, mergers, and regional expansion are being pursued by the majority of manufacturers in order to increase their market share and obtain a competitive edge.
Key Benefits of the Report:
- COVID-19 Impact Analysis (A completely separate Chapter)
- Market size in terms of revenue from 2016 to 2028
- Market size for each segment from 2016 to 2028, by Region
- Market Attractiveness Analysis for all the segments
- Market Drivers, Restraints, and Opportunities
- Regional Market Trends
- Value Chain Analysis
- Regulatory Landscape
- Technology Landscape
- PEST Analysis
- Porter’s Five Forces Analysis
- Competitive Landscape and Company Market Shares
Automotive Usage-Based Insurance Market Regional Analysis
The report provides market size for all the segments and their categories for regions that include North America, Europe, Asia Pacific (APAC), Latin America and the Middle East & Africa (MEA). These regions are further bifurcated into major countries including the U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others. The report has analyzed both developed & developing regions considered for research of the automotive usage-based insurance market. To assist firms in developing effective development strategies, the regional analysis section provides a complete overview of the industry from a number of countries and regions.
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Significant aspects of the Automotive Usage-Based Insurance Market Report:
- Drivers, Restraints, Opportunities and Recent Trends of the automotive usage-based insurance market
- Structure of the market and projections for the next few years
- Market situation for each segment and region
- By Products
- Embedded UBI
- App-based UBI
- By Applications
- Commercial car
- Passenger car
- By Region
- North America
- Europe
- Asia Pacific
- Latin America
- The Middle East & Africa
- An evaluation of upstream raw materials, downstream demand, and existing market dynamics is carried out
- Company Market Shares, Competitive Landscape, SWOT Analysis, and Product Specification
The findings would be further affirmed and expanded upon through primary research conducted with industry professionals and decision-makers from around the world. A wide range of data validation and market estimation approaches were used to further assemble and validate the results gathered during the research. We also have our data forecasting algorithm that projects market growth over the year 2028. We performed both primary and secondary research to gain a clear overview of the automotive usage-based insurance market. This helped us understand existing market dynamics like supply-demand imbalance, pricing trends, product preferences, consumer behavior, and other factors.
The following are the justifications for purchasing the Automotive Usage-Based Insurance Market report:
- Learn how to gather and analyze strategically essential competitor data and resources to develop effective R&D strategies.
- Consider the target demography when classifying possible new clients or partners.
- Identify the strategic priorities of top firms to establish tactical efforts.
- Selecting Leading Manufacturers might help you determine mergers and acquisitions more effectively.
- The study provides an in-depth analysis of market segments, sub-segments, and the regional prognosis for the market in consideration.
- The report provides an in-depth overview of the supplier analysis, competitive landscape, and major industry strategies that will help businesses obtain a competitive advantage in the industry.
Frequently Asked Questions
- Watchstone Group
- Baseline Telematics
- Intelligent Mechatronic Systems
- Octo Telematics
- Hubio
- Allianz
- Sierra Wireless
- Masternaut
- TomTom Telematics
Table Of Content
Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Regulatory Scenario by Region/Country 1.4 Market Investment Scenario Strategic 1.5 Market Analysis by Type 1.5.1 Global Automotive Usage-Based Insurance Market Share by Type (2020-2026) 1.5.2 Embedded UBI 1.5.3 App-based UBI 1.6 Market by Application 1.6.1 Global Automotive Usage-Based Insurance Market Share by Application (2020-2026) 1.6.2 Commercial car 1.6.3 Passenger car 1.7 Automotive Usage-Based Insurance Industry Development Trends under COVID-19 Outbreak 1.7.1 Global COVID-19 Status Overview 1.7.2 Influence of COVID-19 Outbreak on Automotive Usage-Based Insurance Industry Development 2. Global Market Growth Trends 2.1 Industry Trends 2.1.1 SWOT Analysis 2.1.2 Porter’s Five Forces Analysis 2.2 Potential Market and Growth Potential Analysis 2.3 Industry News and Policies by Regions 2.3.1 Industry News 2.3.2 Industry Policies 2.4 Industry Trends Under COVID-19 3 Value Chain of Automotive Usage-Based Insurance Market 3.1 Value Chain Status 3.2 Automotive Usage-Based Insurance Manufacturing Cost Structure Analysis 3.2.1 Production Process Analysis 3.2.2 Manufacturing Cost Structure of Automotive Usage-Based Insurance 3.2.3 Labor Cost of Automotive Usage-Based Insurance 3.2.3.1 Labor Cost of Automotive Usage-Based Insurance Under COVID-19 3.3 Sales and Marketing Model Analysis 3.4 Downstream Major Customer Analysis (by Region) 3.5 Value Chain Status Under COVID-19 4 Players Profiles 4.1 Watchstone Group 4.1.1 Watchstone Group Basic Information 4.1.2 Automotive Usage-Based Insurance Product Profiles, Application and Specification 4.1.3 Watchstone Group Automotive Usage-Based Insurance Market Performance (2015-2020) 4.1.4 Watchstone Group Business Overview 4.2 Baseline Telematics 4.2.1 Baseline Telematics Basic Information 4.2.2 Automotive Usage-Based Insurance Product Profiles, Application and Specification 4.2.3 Baseline Telematics Automotive Usage-Based Insurance Market Performance (2015-2020) 4.2.4 Baseline Telematics Business Overview 4.3 Intelligent Mechatronic Systems 4.3.1 Intelligent Mechatronic Systems Basic Information 4.3.2 Automotive Usage-Based Insurance Product Profiles, Application and Specification 4.3.3 Intelligent Mechatronic Systems Automotive Usage-Based Insurance Market Performance (2015-2020) 4.3.4 Intelligent Mechatronic Systems Business Overview 4.4 Octo Telematics 4.4.1 Octo Telematics Basic Information 4.4.2 Automotive Usage-Based Insurance Product Profiles, Application and Specification 4.4.3 Octo Telematics Automotive Usage-Based Insurance Market Performance (2015-2020) 4.4.4 Octo Telematics Business Overview 4.5 Hubio 4.5.1 Hubio Basic Information 4.5.2 Automotive Usage-Based Insurance Product Profiles, Application and Specification 4.5.3 Hubio Automotive Usage-Based Insurance Market Performance (2015-2020) 4.5.4 Hubio Business Overview 4.6 Allianz 4.6.1 Allianz Basic Information 4.6.2 Automotive Usage-Based Insurance Product Profiles, Application and Specification 4.6.3 Allianz Automotive Usage-Based Insurance Market Performance (2015-2020) 4.6.4 Allianz Business Overview 4.7 Sierra Wireless 4.7.1 Sierra Wireless Basic Information 4.7.2 Automotive Usage-Based Insurance Product Profiles, Application and Specification 4.7.3 Sierra Wireless Automotive Usage-Based Insurance Market Performance (2015-2020) 4.7.4 Sierra Wireless Business Overview 4.8 Masternaut 4.8.1 Masternaut Basic Information 4.8.2 Automotive Usage-Based Insurance Product Profiles, Application and Specification 4.8.3 Masternaut Automotive Usage-Based Insurance Market Performance (2015-2020) 4.8.4 Masternaut Business Overview 4.9 TomTom Telematics 4.9.1 TomTom Telematics Basic Information 4.9.2 Automotive Usage-Based Insurance Product Profiles, Application and Specification 4.9.3 TomTom Telematics Automotive Usage-Based Insurance Market Performance (2015-2020) 4.9.4 TomTom Telematics Business Overview 5 Global Automotive Usage-Based Insurance Market Analysis by Regions 5.1 Global Automotive Usage-Based Insurance Sales, Revenue and Market Share by Regions 5.1.1 Global Automotive Usage-Based Insurance Sales by Regions (2015-2020) 5.1.2 Global Automotive Usage-Based Insurance Revenue by Regions (2015-2020) 5.2 North America Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 5.3 Europe Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 5.4 Asia-Pacific Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 5.5 Middle East and Africa Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 5.6 South America Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 6 North America Automotive Usage-Based Insurance Market Analysis by Countries 6.1 North America Automotive Usage-Based Insurance Sales, Revenue and Market Share by Countries 6.1.1 North America Automotive Usage-Based Insurance Sales by Countries (2015-2020) 6.1.2 North America Automotive Usage-Based Insurance Revenue by Countries (2015-2020) 6.1.3 North America Automotive Usage-Based Insurance Market Under COVID-19 6.2 United States Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 6.2.1 United States Automotive Usage-Based Insurance Market Under COVID-19 6.3 Canada Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 6.4 Mexico Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 7 Europe Automotive Usage-Based Insurance Market Analysis by Countries 7.1 Europe Automotive Usage-Based Insurance Sales, Revenue and Market Share by Countries 7.1.1 Europe Automotive Usage-Based Insurance Sales by Countries (2015-2020) 7.1.2 Europe Automotive Usage-Based Insurance Revenue by Countries (2015-2020) 7.1.3 Europe Automotive Usage-Based Insurance Market Under COVID-19 7.2 Germany Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 7.2.1 Germany Automotive Usage-Based Insurance Market Under COVID-19 7.3 UK Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 7.3.1 UK Automotive Usage-Based Insurance Market Under COVID-19 7.4 France Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 7.4.1 France Automotive Usage-Based Insurance Market Under COVID-19 7.5 Italy Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 7.5.1 Italy Automotive Usage-Based Insurance Market Under COVID-19 7.6 Spain Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 7.6.1 Spain Automotive Usage-Based Insurance Market Under COVID-19 7.7 Russia Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 7.7.1 Russia Automotive Usage-Based Insurance Market Under COVID-19 8 Asia-Pacific Automotive Usage-Based Insurance Market Analysis by Countries 8.1 Asia-Pacific Automotive Usage-Based Insurance Sales, Revenue and Market Share by Countries 8.1.1 Asia-Pacific Automotive Usage-Based Insurance Sales by Countries (2015-2020) 8.1.2 Asia-Pacific Automotive Usage-Based Insurance Revenue by Countries (2015-2020) 8.1.3 Asia-Pacific Automotive Usage-Based Insurance Market Under COVID-19 8.2 China Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 8.2.1 China Automotive Usage-Based Insurance Market Under COVID-19 8.3 Japan Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 8.3.1 Japan Automotive Usage-Based Insurance Market Under COVID-19 8.4 South Korea Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 8.4.1 South Korea Automotive Usage-Based Insurance Market Under COVID-19 8.5 Australia Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 8.6 India Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 8.6.1 India Automotive Usage-Based Insurance Market Under COVID-19 8.7 Southeast Asia Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 8.7.1 Southeast Asia Automotive Usage-Based Insurance Market Under COVID-19 9 Middle East and Africa Automotive Usage-Based Insurance Market Analysis by Countries 9.1 Middle East and Africa Automotive Usage-Based Insurance Sales, Revenue and Market Share by Countries 9.1.1 Middle East and Africa Automotive Usage-Based Insurance Sales by Countries (2015-2020) 9.1.2 Middle East and Africa Automotive Usage-Based Insurance Revenue by Countries (2015-2020) 9.1.3 Middle East and Africa Automotive Usage-Based Insurance Market Under COVID-19 9.2 Saudi Arabia Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 9.3 UAE Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 9.4 Egypt Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 9.5 Nigeria Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 9.6 South Africa Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 10 South America Automotive Usage-Based Insurance Market Analysis by Countries 10.1 South America Automotive Usage-Based Insurance Sales, Revenue and Market Share by Countries 10.1.1 South America Automotive Usage-Based Insurance Sales by Countries (2015-2020) 10.1.2 South America Automotive Usage-Based Insurance Revenue by Countries (2015-2020) 10.1.3 South America Automotive Usage-Based Insurance Market Under COVID-19 10.2 Brazil Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 10.2.1 Brazil Automotive Usage-Based Insurance Market Under COVID-19 10.3 Argentina Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 10.4 Columbia Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 10.5 Chile Automotive Usage-Based Insurance Sales and Growth Rate (2015-2020) 11 Global Automotive Usage-Based Insurance Market Segment by Types 11.1 Global Automotive Usage-Based Insurance Sales, Revenue and Market Share by Types (2015-2020) 11.1.1 Global Automotive Usage-Based Insurance Sales and Market Share by Types (2015-2020) 11.1.2 Global Automotive Usage-Based Insurance Revenue and Market Share by Types (2015-2020) 11.2 Embedded UBI Sales and Price (2015-2020) 11.3 App-based UBI Sales and Price (2015-2020) 12 Global Automotive Usage-Based Insurance Market Segment by Applications 12.1 Global Automotive Usage-Based Insurance Sales, Revenue and Market Share by Applications (2015-2020) 12.1.1 Global Automotive Usage-Based Insurance Sales and Market Share by Applications (2015-2020) 12.1.2 Global Automotive Usage-Based Insurance Revenue and Market Share by Applications (2015-2020) 12.2 Commercial car Sales, Revenue and Growth Rate (2015-2020) 12.3 Passenger car Sales, Revenue and Growth Rate (2015-2020) 13 Automotive Usage-Based Insurance Market Forecast by Regions (2020-2026) 13.1 Global Automotive Usage-Based Insurance Sales, Revenue and Growth Rate (2020-2026) 13.2 Automotive Usage-Based Insurance Market Forecast by Regions (2020-2026) 13.2.1 North America Automotive Usage-Based Insurance Market Forecast (2020-2026) 13.2.2 Europe Automotive Usage-Based Insurance Market Forecast (2020-2026) 13.2.3 Asia-Pacific Automotive Usage-Based Insurance Market Forecast (2020-2026) 13.2.4 Middle East and Africa Automotive Usage-Based Insurance Market Forecast (2020-2026) 13.2.5 South America Automotive Usage-Based Insurance Market Forecast (2020-2026) 13.3 Automotive Usage-Based Insurance Market Forecast by Types (2020-2026) 13.4 Automotive Usage-Based Insurance Market Forecast by Applications (2020-2026) 13.5 Automotive Usage-Based Insurance Market Forecast Under COVID-19 14 Appendix 14.1 Methodology 14.2 Research Data Source
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