Usage-Based Insurance Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32

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Global Usage-Based Insurance Market Research and
Forecast Report 2024-2032

• Format PDFEXCEL

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Report Highlight and Description

• According to the latest report by IMARC Group,
  titled "Usage-Based Insurance Market Global
  Industry Trends, Share, Size, Growth, Opportunity
  and Forecast 2024-2032," the global usage-based
  insurance market size reached US 51.4 Billion in
  2023.
• Usage-based insurance (UBI), also known as
  telematics insurance, refers to a specialized
  automobile insurance policy where the premium is
  linked with the usage of the consumers driving
  behavior or usage of the vehicle. It is also used
  to align the driving behavior of individuals. It
  is generally available in pay-per-mile (PPM) and
  pay-how-you-drive (PHYD) formats.
• A wireless device is installed in the car, which
  transmits data to the insurer each time premium
  is due. In recent years, UBI has gained traction
  as it is more personalized, reduces the instances
  of road accidents, and provides better
  satisfaction to the policyholder compared to
  conventional insurance policies.
• Request for a PDF sample of this report
  https//www.imarcgroup.com/usage-based-insurance-m
  arket/requestsample

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Report Description

• Global Usage-Based Insurance Market Trends
• One of the primary factors driving the market is
  the exponential growth in the automotive
  industry. Additionally, the extensive employment
  of remote diagnostics to observe consumer driving
  is creating a positive market outlook. Other than
  this, usage-based insurance provides numerous
  advantages, including accurate and timely data
  collection methods and flexible insurance
  premiums. Besides this, the adoption of advanced
  technology, such as hybrid-based UBI and
  smartphone-based UBI, and the increasing concerns
  regarding drivers safety, are propelling the
  market growth.
• In line with this, telematics is being employed
  in the automotive industry to align insurance
  prices and improve driving behavior and road
  safety. Furthermore, key players are integrating
  advanced telematics-based platforms in light-duty
  vehicles (LDV) to monitor the driving habits of
  the consumer. Apart from this, UBI insurance
  almost eliminates the need for installing an
  additional black-box in the vehicles to record
  vehicular data, which is catalyzing the market
  growth.
• Looking forward, IMARC Group expects the market
  value to reach US 307.6 Billion by 2032,
  expanding at a CAGR of 21.3 during the forecast
  period (2024-2032).
• View Report TOC, Figures and Tables
  https//www.imarcgroup.com/usage-based-insurance-m
  arket

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Report Segmentation

• Breakup by Type
• Pay-As-You-Drive (PAYD)
• Pay-How-You-Drive (PHYD)
• Manage-How-You-Drive (MHYD)
• Others
• Breakup by Technology
• OBD II
• Black Box
• Smartphones
• Others
• Breakup by Vehicle Type
• Light-duty Vehicle (LDV)

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Report Segmentation

• Heavy-duty Vehicle (HDV)
• Breakup by Vehicle Age
• New Vehicles
• Used Vehicles
• Breakup by Region
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

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Competitive Landscape with Key Players

• Aioi Nissay Dowa Insurance UK Ltd
• Allianz SE
• Allstate Insurance Company
• American International Group Inc.
• Assicurazioni Generali S.p.A.
• AXA
• Liberty Mutual Insurance Company
• Mapfre S.A.
• Progressive Casualty Insurance Company
• State Farm Automobile Mutual Insurance Company
• TomTom International BV.
• UnipolSai Assicurazioni S.p.A. (Unipol Gruppo
  S.p.A)

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Key Questions Answered in the Report
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Key Questions Answered in the Report
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Table of Contents

• 1    Preface2    Scope and Methodology    2.1  
   Objectives of the Study    2.2  
   Stakeholders    2.3    Data Sources       
  2.3.1    Primary Sources        2.3.2  
   Secondary Sources    2.4    Market Estimation 
        2.4.1    Bottom-Up Approach        2.4.2  
   Top-Down Approach    2.5    Forecasting
  Methodology3    Executive Summary4  
   Introduction    4.1    Overview    4.2    Key
  Industry Trends5    Global Usage-Based Insurance
  Market    5.1    Market Overview    5.2  
   Market Performance    5.3    Impact of
  COVID-19  5.4    Market Forecast
• 6     Market Breakup by Type    6.1  
   Pay-As-You-Drive (PAYD)        6.1.1 Market
  Trends        6.1.2 Market Forecast    6.2  
   Pay-How-You-Drive (PHYD)        6.2.1 Market
  Trends        6.2.2 Market Forecast    6.3  
   Manage-How-You-Drive (MHYD)        6.3.1 Market
  Trends        6.3.2 Market Forecast       

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Table of Contents

•     6.4    Others        6.4.1 Market Trends   
      6.4.2 Market Forecast7   Market Breakup by
  Technology    7.1    OBD II        7.1.1 Market
  Trends        7.1.2 Market Forecast    7.2  
   Black Box        7.2.1 Market Trends       
  7.2.2 Market Forecast    7.3    Smartphones   
      7.3.1 Market Trends        7.3.2 Market
  Forecast    7.4    Others        7.4.1 Market
  Trends        7.4.2 Market Forecast8   Market
  Breakup by Vehicle Type    8.1    Light-duty
  Vehicle (LDV)        8.1.1 Market Trends       
  8.1.2 Market Forecast    8.2    Heavy-duty
  Vehicle (HDV)        8.2.1 Market Trends       
  8.2.2 Market Forecast
• 9   Market Breakup by Vehicle Age    9.1    New
  Vehicles         9.1.1 Market Trends       
  9.1.2 Market Forecast    9.2    Used Vehicles 
        9.2.1 Market Trends        9.2.2 Market
  Forecast
• For more information, visit https//www.imarcgrou
  p.com/usage-based-insurance-market/toc

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