利用ベースの保険市場：パッケージタイプ、テクノロジー、提供デバイス、車両タイプ別-2025-2030年の世界予測

利用ベースの保険市場の2023年の市場規模は384億8,000万米ドルで、2024年には458億1,000万米ドルに達すると予測され、CAGR 20.01％で成長し、2030年には1,380億3,000万米ドルに達すると予測されています。

利用ベースの保険（UBI）には、テレマティクス機器を通じて取得された被保険者の特定の運転行動に基づいて保険料が計算される保険が含まれます。このアプローチは、IoTの進歩と個別化されたサービスに対する消費者の需要の高まりにより支持を集めています。UBIの必要性は、保険コストを個々のリスク・プロファイルに合わせる必要性から生じ、顧客は保険料をより自由にコントロールできるようになります。UBIは主に自動車セクターで適用されているが、モビリティ・アズ・ア・サービス・モデルへの拡大の可能性もあり、現在は個人および商用車ユーザーにサービスを提供しています。主な成長要因としては、交通安全重視の高まり、テレマティクス導入に対する規制当局の支援、コネクテッドカーの普及拡大などが挙げられます。コネクティビティが急速に向上している新興国市場への進出や、メンテナンス警告やより安全な運転のための個別コーチングなど、利用データと絡めた付加価値サービスの開拓には機会が豊富にあります。しかし、市場成長は、データ・プライバシーに関する懸念、地域による規制の違い、保険会社が必要とする多額の先行技術投資などの制約に直面しています。さらに、データ共有に対する消費者の懐疑心や運転データの潜在的な誤解が、普及の妨げになる可能性もあります。技術革新の機会は、より正確なデータ取得のためのテレマティクス技術の改良、引受精度を高めるためのデータ分析能力の向上、安全なデータ処理のためのブロックチェーンの探求にあります。市場の洞察によれば、テレマティクス・プロバイダー、保険会社、自動車メーカー間のパートナーシップはエコシステムの相乗効果を促進し、顧客ロイヤルティを維持する付加価値サービスを生み出すと思われます。UBI市場は本質的にデータ主導型であるため、サイバーセキュリティに関する強固な戦略と、データ利用に関する透明性の高いコミュニケーション戦略が、消費者の不安を軽減するのに役立つと思われます。自動車や通信インフラが進化する中、UBI市場はダイナミックであり、イノベーションのための肥沃な土壌を提供すると同時に、持続的な成長のためには技術や規制の変化に機敏に対応する必要があります。

市場力学：急速に進化する利用ベースの保険市場の主要市場インサイトを公開

利用ベースの保険市場は、需要と供給のダイナミックな相互作用によって変貌を遂げています。このような市場力学の進化を理解することで、企業は十分な情報に基づいた投資決定、戦略的決定の精緻化、そして新たなビジネスチャンスの獲得に備えることができます。こうした動向を包括的に把握することで、企業は政治的、地理的、技術的、社会的、経済的な領域にわたる様々なリスクを軽減することができるとともに、消費者行動とそれが製造コストや購買動向に与える影響をより明確に理解することができます。

• 市場促進要因
  • 通常の保険と比較して保険料を引き下げるUBIの採用
  • コネクテッド・カー・サービスの採用拡大
• 市場抑制要因
  • 継続的なモニタリングの必要性と、利用ベースの保険モデルに関連する精度の問題
• 市場機会
  • 利用ベースの保険ソリューションの継続的な進化による効率性とユーザーエクスペリエンスの向上
  • 自動車保険に関連する政府の重視と規制
• 市場の課題
  • データ収集とプライバシーの問題

ポーターのファイブフォース：利用ベースの保険市場をナビゲートする戦略ツール

ポーターのファイブフォースフレームワークは、市場情勢の競合情勢を理解するための重要なツールです。ポーターのファイブフォース・フレームワークは、企業の競争力を評価し、戦略的機会を探るための明確な手法を提供します。このフレームワークは、企業が市場内の勢力図を評価し、新規事業の収益性を判断するのに役立ちます。これらの洞察により、企業は自社の強みを活かし、弱みに対処し、潜在的な課題を回避することができ、より強靭な市場でのポジショニングを確保することができます。

PESTLE分析：利用ベースの保険市場における外部からの影響の把握

外部マクロ環境要因は、利用ベースの保険市場の業績ダイナミクスを形成する上で極めて重要な役割を果たします。政治的、経済的、社会的、技術的、法的、環境的要因の分析は、これらの影響をナビゲートするために必要な情報を提供します。PESTLE要因を調査することで、企業は潜在的なリスクと機会をよりよく理解することができます。この分析により、企業は規制、消費者の嗜好、経済動向の変化を予測し、先を見越した積極的な意思決定を行う準備ができます。

市場シェア分析利用ベースの保険市場における競合情勢の把握

利用ベースの保険市場の詳細な市場シェア分析により、ベンダーの業績を包括的に評価することができます。企業は、収益、顧客ベース、成長率などの主要指標を比較することで、競争上のポジショニングを明らかにすることができます。この分析により、市場の集中、断片化、統合の動向が明らかになり、ベンダーは競争が激化する中で自社の地位を高める戦略的な意思決定を行うために必要な知見を得ることができます。

FPNVポジショニング・マトリックス利用ベースの保険市場におけるベンダーのパフォーマンス評価

FPNVポジショニングマトリックスは、利用ベースの保険市場においてベンダーを評価するための重要なツールです。このマトリックスにより、ビジネス組織はベンダーのビジネス戦略と製品満足度に基づき評価することで、目標に沿った十分な情報に基づいた意思決定を行うことができます。4つの象限はベンダーを明確かつ正確に区分し、ユーザーが戦略目標に最適なパートナーやソリューションを特定するのに役立ちます。

本レポートは、主要な注目分野を網羅した包括的な市場分析を提供しています：

1.市場の浸透度：業界主要企業の広範なデータを含む、現在の市場環境の詳細なレビュー。

2.市場の開拓度：新興市場における成長機会を特定し、既存分野における拡大可能性を評価し、将来の成長に向けた戦略的ロードマップを提供します。

3.市場の多様化：最近の製品発売、未開拓の地域、業界の主要な進歩、市場を形成する戦略的投資を分析します。

4.競合の評価と情報：競合情勢を徹底的に分析し、市場シェア、事業戦略、製品ポートフォリオ、認証、規制当局の承認、特許動向、主要企業の技術進歩などを検証します。

5.製品開発およびイノベーション：将来の市場成長を促進すると期待される最先端技術、研究開発活動、製品イノベーションをハイライトしています。

また、利害関係者が十分な情報を得た上で意思決定できるよう、重要な質問にも答えています：

1.現在の市場規模と今後の成長予測は？

2.最高の投資機会を提供する製品、セグメント、地域はどこか？

3.市場を形成する主な技術動向と規制の影響とは？

4.主要ベンダーの市場シェアと競合ポジションは？

5.ベンダーの市場参入・撤退戦略の原動力となる収益源と戦略的機会は何か？

目次

第1章 序文

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 市場の概要

第5章 市場洞察

• 市場力学
  • 促進要因
    • UBIの導入により、通常の保険に比べて保険料が安くなる
    • コネクテッドカーサービスの導入拡大
  • 抑制要因
    • 利用ベースの保険モデルに関連する継続的な監視と精度の問題の必要性
  • 機会
    • 効率性とユーザーエクスペリエンスを向上させる利用ベースの保険ソリューションの継続的な進歩
    • 自動車保険に関する政府の重点と規制
  • 課題
    • データ収集の問題とプライバシーの懸念
• 市場セグメンテーション分析
  • パッケージタイプ：運転行動を改善するための運転方法管理パッケージの普及
  • テクノロジー：緊急支援や車両診断などの高度な機能を備えた組み込みシステムの採用が急増
  • 車種：個々の 促進要因の行動に基づいたパーソナライズされた保険料により、乗用車全体で成長の可能性を秘めています。
  • デバイスの提供：コスト効率の高い実装と柔軟性により、保険会社の間でBYODが非常に人気を集めています。
• ポーターのファイブフォース分析
• PESTEL分析
  • 政治的
  • 経済
  • 社交
  • 技術的
  • 法律上
  • 環境

第6章 利用ベースの保険市場パッケージタイプ別

• 運転方法を管理する
• 走行距離に応じた料金
• 走行距離に応じて支払う

第7章 利用ベースの保険市場：技術別

• ブラックボックス
• 組み込みシステム
• OBD-II
• スマートフォン

第8章 利用ベースの保険市場デバイス別提供

• BYOD（デバイス持ち込み）
• 会社提供

第9章 利用ベースの保険市場：車両タイプ別

• 商用車
• 乗用車

第10章 南北アメリカの利用ベースの保険市場

• アルゼンチン
• ブラジル
• カナダ
• メキシコ
• 米国

第11章 アジア太平洋地域の利用ベースの保険市場

• オーストラリア
• 中国
• インド
• インドネシア
• 日本
• マレーシア
• フィリピン
• シンガポール
• 韓国
• 台湾
• タイ
• ベトナム

第12章 欧州・中東・アフリカの利用ベースの保険市場

• デンマーク
• フィンランド
• フランス
• ドイツ
• イスラエル
• イタリア
• オランダ
• ノルウェー
• ポーランド
• カタール
• ロシア
• サウジアラビア
• 南アフリカ
• スペイン
• スウェーデン
• スイス
• トルコ
• アラブ首長国連邦
• 英国

第13章 競合情勢

• 市場シェア分析2023
• FPNVポジショニングマトリックス, 2023
• 競合シナリオ分析
  • リライアンス・ゼネラル・インシュアランスが「リライアンス・リミット・シュア・ペイ・アズ・ユー・ドライブ」を発表
  • フローは、デフィニティおよびミュンヘン再保険世界コンサルティングと提携し、使用状況に基づく新しい自動車保険商品をカナダに導入します。
  • DefinityがSonnet Shiftを発表：顧客に保険料をコントロールする新しい利用ベースの保険サービス
  • シトロエン・インド、ICICIロンバード損害保険と提携しUBIプログラムを開始：安全運転の実践を奨励
  • ジェリーのAIを活用した自動車保険革命が1億1,000万米ドルの資金調達で加速
  • Lexasure、マイカーコンサルタント向けにキャプティブ自動車保険を提供
  • ACKOとMultiplが保険と投資の融合で提携
  • ダイレクトライングループがバイマイルズを買収
  • ケンブリッジ・モバイル・テレマティクスがアモドを買収
  • ズーノ・ゼネラルは「使用状況に基づく保険」を採用し、「運転方法に応じて支払う」サービスを展開する予定
  • ニュー・インディア・アシュアランスが「走行距離に応じた支払い」ポリシーを開始
  • 研究者らが「使用ベースの自動車保険のためのブロックチェーン制御マルチキャリアオークションシステム」の特許申請を提出

企業一覧

• Allianz SE
• Allstate Corporation
• Amica Mutual Insurance Company
• Assicurazioni Generali S.p.A.
• AXA SA
• CalAmp Wireless Networks Corporation
• Cambridge Mobile Telematics, Inc.
• CerebrumX Lab Inc.
• Credit Karma, LLC by Intuit Inc.
• Definity Financial Corporation
• General Motors Company
• Go Digit General Insurance Limited
• HDFC ERGO General Insurance Company Limited
• ICICI Lombard General Insurance Company Ltd.
• Lemonade, Inc.
• LexisNexis Risk Solutions Inc. by RELX plc
• Liberty Mutual Group Inc.
• MAPFRE S.A
• Modus Group, LLC
• Nationwide Mutual Insurance Company
• Octo Group S.p.A.
• Progressive Casualty Insurance Company
• Reliance General Insurance Company Limited by Reliance Capital Limited
• Sierra Wireless by Semtech Corporation
• State Farm Mutual Automobile Insurance Company
• The Floow Limited by Otonomo Technologies Ltd.
• The Government Employees Insurance Company
• The New India Assurance Co. Ltd.
• The Travelers Indemnity Company
• Unipol Gruppo S.p.A.
• United Services Automobile Association
• Verisk Analytics, Inc.
• Zubie, Inc.
• Zuno General Insurance Limited

LIST OF FIGURES

• FIGURE 1. USAGE-BASED INSURANCE MARKET RESEARCH PROCESS
• FIGURE 2. USAGE-BASED INSURANCE MARKET SIZE, 2023 VS 2030
• FIGURE 3. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, 2018-2030 (USD MILLION)
• FIGURE 4. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 5. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 6. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2023 VS 2030 (%)
• FIGURE 7. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 8. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)
• FIGURE 9. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 10. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2023 VS 2030 (%)
• FIGURE 11. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 12. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2023 VS 2030 (%)
• FIGURE 13. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 14. AMERICAS USAGE-BASED INSURANCE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 15. AMERICAS USAGE-BASED INSURANCE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 16. UNITED STATES USAGE-BASED INSURANCE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
• FIGURE 17. UNITED STATES USAGE-BASED INSURANCE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 18. ASIA-PACIFIC USAGE-BASED INSURANCE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 19. ASIA-PACIFIC USAGE-BASED INSURANCE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 20. EUROPE, MIDDLE EAST & AFRICA USAGE-BASED INSURANCE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 21. EUROPE, MIDDLE EAST & AFRICA USAGE-BASED INSURANCE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 22. USAGE-BASED INSURANCE MARKET SHARE, BY KEY PLAYER, 2023
• FIGURE 23. USAGE-BASED INSURANCE MARKET, FPNV POSITIONING MATRIX, 2023

LIST OF TABLES

• TABLE 1. USAGE-BASED INSURANCE MARKET SEGMENTATION & COVERAGE
• TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2018-2023
• TABLE 3. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, 2018-2030 (USD MILLION)
• TABLE 4. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 5. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 6. USAGE-BASED INSURANCE MARKET DYNAMICS
• TABLE 7. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 8. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY MANAGE-HOW-YOU-DRIVE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 9. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY PAY-AS-YOU-DRIVE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 10. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY PAY-HOW-YOU-DRIVE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 11. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 12. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY BLACK BOX, BY REGION, 2018-2030 (USD MILLION)
• TABLE 13. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY EMBEDDED SYSTEM, BY REGION, 2018-2030 (USD MILLION)
• TABLE 14. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY OBD-II, BY REGION, 2018-2030 (USD MILLION)
• TABLE 15. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY SMARTPHONE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 16. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 17. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY BRING YOUR DEVICE (BYOD), BY REGION, 2018-2030 (USD MILLION)
• TABLE 18. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY COMPANY PROVIDED, BY REGION, 2018-2030 (USD MILLION)
• TABLE 19. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 20. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY COMMERCIAL VEHICLE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 21. GLOBAL USAGE-BASED INSURANCE MARKET SIZE, BY PASSENGER CAR, BY REGION, 2018-2030 (USD MILLION)
• TABLE 22. AMERICAS USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 23. AMERICAS USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 24. AMERICAS USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 25. AMERICAS USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 26. AMERICAS USAGE-BASED INSURANCE MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 27. ARGENTINA USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 28. ARGENTINA USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 29. ARGENTINA USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 30. ARGENTINA USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 31. BRAZIL USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 32. BRAZIL USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 33. BRAZIL USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 34. BRAZIL USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 35. CANADA USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 36. CANADA USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 37. CANADA USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 38. CANADA USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 39. MEXICO USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 40. MEXICO USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 41. MEXICO USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 42. MEXICO USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 43. UNITED STATES USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 44. UNITED STATES USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 45. UNITED STATES USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 46. UNITED STATES USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 47. UNITED STATES USAGE-BASED INSURANCE MARKET SIZE, BY STATE, 2018-2030 (USD MILLION)
• TABLE 48. ASIA-PACIFIC USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 49. ASIA-PACIFIC USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 50. ASIA-PACIFIC USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 51. ASIA-PACIFIC USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 52. ASIA-PACIFIC USAGE-BASED INSURANCE MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 53. AUSTRALIA USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 54. AUSTRALIA USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 55. AUSTRALIA USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 56. AUSTRALIA USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 57. CHINA USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 58. CHINA USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 59. CHINA USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 60. CHINA USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 61. INDIA USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 62. INDIA USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 63. INDIA USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 64. INDIA USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 65. INDONESIA USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 66. INDONESIA USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 67. INDONESIA USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 68. INDONESIA USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 69. JAPAN USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 70. JAPAN USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 71. JAPAN USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 72. JAPAN USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 73. MALAYSIA USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 74. MALAYSIA USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 75. MALAYSIA USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 76. MALAYSIA USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 77. PHILIPPINES USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 78. PHILIPPINES USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 79. PHILIPPINES USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 80. PHILIPPINES USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 81. SINGAPORE USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 82. SINGAPORE USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 83. SINGAPORE USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 84. SINGAPORE USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 85. SOUTH KOREA USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 86. SOUTH KOREA USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 87. SOUTH KOREA USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 88. SOUTH KOREA USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 89. TAIWAN USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 90. TAIWAN USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 91. TAIWAN USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 92. TAIWAN USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 93. THAILAND USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 94. THAILAND USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 95. THAILAND USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 96. THAILAND USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 97. VIETNAM USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 98. VIETNAM USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 99. VIETNAM USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 100. VIETNAM USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 101. EUROPE, MIDDLE EAST & AFRICA USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 102. EUROPE, MIDDLE EAST & AFRICA USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 103. EUROPE, MIDDLE EAST & AFRICA USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 104. EUROPE, MIDDLE EAST & AFRICA USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 105. EUROPE, MIDDLE EAST & AFRICA USAGE-BASED INSURANCE MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 106. DENMARK USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 107. DENMARK USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 108. DENMARK USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 109. DENMARK USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 110. FINLAND USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 111. FINLAND USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 112. FINLAND USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 113. FINLAND USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 114. FRANCE USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 115. FRANCE USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 116. FRANCE USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 117. FRANCE USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 118. GERMANY USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 119. GERMANY USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 120. GERMANY USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 121. GERMANY USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 122. ISRAEL USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 123. ISRAEL USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 124. ISRAEL USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 125. ISRAEL USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 126. ITALY USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 127. ITALY USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 128. ITALY USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 129. ITALY USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 130. NETHERLANDS USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 131. NETHERLANDS USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 132. NETHERLANDS USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 133. NETHERLANDS USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 134. NORWAY USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 135. NORWAY USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 136. NORWAY USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 137. NORWAY USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 138. POLAND USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 139. POLAND USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 140. POLAND USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 141. POLAND USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 142. QATAR USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 143. QATAR USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 144. QATAR USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 145. QATAR USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 146. RUSSIA USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 147. RUSSIA USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 148. RUSSIA USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 149. RUSSIA USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 150. SAUDI ARABIA USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 151. SAUDI ARABIA USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 152. SAUDI ARABIA USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 153. SAUDI ARABIA USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 154. SOUTH AFRICA USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 155. SOUTH AFRICA USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 156. SOUTH AFRICA USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 157. SOUTH AFRICA USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 158. SPAIN USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 159. SPAIN USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 160. SPAIN USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 161. SPAIN USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 162. SWEDEN USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 163. SWEDEN USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 164. SWEDEN USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 165. SWEDEN USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 166. SWITZERLAND USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 167. SWITZERLAND USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 168. SWITZERLAND USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 169. SWITZERLAND USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 170. TURKEY USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 171. TURKEY USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 172. TURKEY USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 173. TURKEY USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 174. UNITED ARAB EMIRATES USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 175. UNITED ARAB EMIRATES USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 176. UNITED ARAB EMIRATES USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 177. UNITED ARAB EMIRATES USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 178. UNITED KINGDOM USAGE-BASED INSURANCE MARKET SIZE, BY PACKAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 179. UNITED KINGDOM USAGE-BASED INSURANCE MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 180. UNITED KINGDOM USAGE-BASED INSURANCE MARKET SIZE, BY DEVICE OFFERING, 2018-2030 (USD MILLION)
• TABLE 181. UNITED KINGDOM USAGE-BASED INSURANCE MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 182. USAGE-BASED INSURANCE MARKET SHARE, BY KEY PLAYER, 2023
• TABLE 183. USAGE-BASED INSURANCE MARKET, FPNV POSITIONING MATRIX, 2023

The Usage-based Insurance Market was valued at USD 38.48 billion in 2023, expected to reach USD 45.81 billion in 2024, and is projected to grow at a CAGR of 20.01%, to USD 138.03 billion by 2030.

Usage-based Insurance (UBI) involves policies where premiums are calculated based on the specific driving behaviors of the insured, captured through telematics devices. This approach is gaining traction due to advancements in IoT and growing consumer demand for personalized services. The necessity for UBI arises from the need to align insurance costs with individual risk profiles, offering customers more control over their premiums. It is applied primarily within the automotive sector, with potential expansion into mobility-as-a-service models, currently serving personal and commercial vehicle users. Key growth drivers include heightened emphasis on road safety, regulatory support for telematics adoption, and the increasing penetration of connected cars. Opportunities abound in the expansion into emerging markets where connectivity is rapidly improving and in developing value-added services that intertwine with usage data, such as maintenance alerts or personalized coaching for safer driving. However, market growth faces limitations such as data privacy concerns, regulatory variations across regions, and the significant upfront technological investment needed by insurers. Additionally, consumer skepticism about data sharing and potential misinterpretation of driving data could hinder widespread adoption. Innovation opportunities lie in refining telematics technology for more accurate data capture, advancing data analytics capabilities to enhance underwriting accuracy, and exploring blockchain for secure data handling. Market insights suggest that partnerships between telematics providers, insurers, and automakers will foster ecosystem synergies, creating value-added services to retain customer loyalty. As the UBI market is inherently data-driven, robust strategies around cybersecurity and transparent communication strategies regarding data use could help reduce consumer apprehension. With the evolving automotive and telecommunication infrastructure, the UBI market is dynamic, offering fertile ground for innovation, yet requiring agile adaptation to technological and regulatory changes for sustained growth.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Usage-based Insurance Market

The Usage-based Insurance Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Adoption of UBI to lower insurance premiums compared to regular insurance
  • Growing adoption of connected car services
• Market Restraints
  • Need for continuous monitoring and accuracy issues associated with usage-based insurance models
• Market Opportunities
  • Ongoing advancements in usage-based insurance solutions for improved efficiency and user experience
  • Government emphasis and regulations associated with automotive insurance
• Market Challenges
  • Issues of data collection along with privacy concerns

Porter's Five Forces: A Strategic Tool for Navigating the Usage-based Insurance Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Usage-based Insurance Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Usage-based Insurance Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Usage-based Insurance Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Usage-based Insurance Market

A detailed market share analysis in the Usage-based Insurance Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Usage-based Insurance Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Usage-based Insurance Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Key Company Profiles

The report delves into recent significant developments in the Usage-based Insurance Market, highlighting leading vendors and their innovative profiles. These include Allianz SE, Allstate Corporation, Amica Mutual Insurance Company, Assicurazioni Generali S.p.A., AXA SA, CalAmp Wireless Networks Corporation, Cambridge Mobile Telematics, Inc., CerebrumX Lab Inc., Credit Karma, LLC by Intuit Inc., Definity Financial Corporation, General Motors Company, Go Digit General Insurance Limited, HDFC ERGO General Insurance Company Limited, ICICI Lombard General Insurance Company Ltd., Lemonade, Inc., LexisNexis Risk Solutions Inc. by RELX plc, Liberty Mutual Group Inc., MAPFRE S.A, Modus Group, LLC, Nationwide Mutual Insurance Company, Octo Group S.p.A., Progressive Casualty Insurance Company, Reliance General Insurance Company Limited by Reliance Capital Limited, Sierra Wireless by Semtech Corporation, State Farm Mutual Automobile Insurance Company, The Floow Limited by Otonomo Technologies Ltd., The Government Employees Insurance Company, The New India Assurance Co. Ltd., The Travelers Indemnity Company, Unipol Gruppo S.p.A., United Services Automobile Association, Verisk Analytics, Inc., Zubie, Inc., and Zuno General Insurance Limited.

Market Segmentation & Coverage

This research report categorizes the Usage-based Insurance Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Package Type, market is studied across Manage-How-You-Drive, Pay-As-You-Drive, and Pay-How-You-Drive.
• Based on Technology, market is studied across Black Box, Embedded System, OBD-II, and Smartphone.
• Based on Device Offering, market is studied across Bring Your Device (BYOD) and Company Provided.
• Based on Vehicle Type, market is studied across Commercial Vehicle and Passenger Car.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Finland, France, Germany, Israel, Italy, Netherlands, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Adoption of UBI to lower insurance premiums compared to regular insurance
    • 5.1.1.2. Growing adoption of connected car services
  • 5.1.2. Restraints
    • 5.1.2.1. Need for continuous monitoring and accuracy issues associated with usage-based insurance models
  • 5.1.3. Opportunities
    • 5.1.3.1. Ongoing advancements in usage-based insurance solutions for improved efficiency and user experience
    • 5.1.3.2. Government emphasis and regulations associated with automotive insurance
  • 5.1.4. Challenges
    • 5.1.4.1. Issues of data collection along with privacy concerns
• 5.2. Market Segmentation Analysis
  • 5.2.1. Package Type: The proliferation of Manage-how-you-drive packages to improve driving behavior
  • 5.2.2. Technology: Significant adoption of embedded systems due to their advanced features, such as emergency assistance or vehicle diagnostics
  • 5.2.3. Vehicle Type: Growing potential across passenger cars due to its personalized premiums based on individual driver behavior
  • 5.2.4. Device Offering: The significant popularity of BYOD among insurers due to its cost-effective implementation and flexibility
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Usage-based Insurance Market, by Package Type

• 6.1. Introduction
• 6.2. Manage-How-You-Drive
• 6.3. Pay-As-You-Drive
• 6.4. Pay-How-You-Drive

7. Usage-based Insurance Market, by Technology

• 7.1. Introduction
• 7.2. Black Box
• 7.3. Embedded System
• 7.4. OBD-II
• 7.5. Smartphone

8. Usage-based Insurance Market, by Device Offering

• 8.1. Introduction
• 8.2. Bring Your Device (BYOD)
• 8.3. Company Provided

9. Usage-based Insurance Market, by Vehicle Type

• 9.1. Introduction
• 9.2. Commercial Vehicle
• 9.3. Passenger Car

10. Americas Usage-based Insurance Market

• 10.1. Introduction
• 10.2. Argentina
• 10.3. Brazil
• 10.4. Canada
• 10.5. Mexico
• 10.6. United States

11. Asia-Pacific Usage-based Insurance Market

• 11.1. Introduction
• 11.2. Australia
• 11.3. China
• 11.4. India
• 11.5. Indonesia
• 11.6. Japan
• 11.7. Malaysia
• 11.8. Philippines
• 11.9. Singapore
• 11.10. South Korea
• 11.11. Taiwan
• 11.12. Thailand
• 11.13. Vietnam

12. Europe, Middle East & Africa Usage-based Insurance Market

• 12.1. Introduction
• 12.2. Denmark
• 12.3. Finland
• 12.4. France
• 12.5. Germany
• 12.6. Israel
• 12.7. Italy
• 12.8. Netherlands
• 12.9. Norway
• 12.10. Poland
• 12.11. Qatar
• 12.12. Russia
• 12.13. Saudi Arabia
• 12.14. South Africa
• 12.15. Spain
• 12.16. Sweden
• 12.17. Switzerland
• 12.18. Turkey
• 12.19. United Arab Emirates
• 12.20. United Kingdom

13. Competitive Landscape

• 13.1. Market Share Analysis, 2023
• 13.2. FPNV Positioning Matrix, 2023
• 13.3. Competitive Scenario Analysis
  • 13.3.1. Reliance General Insurance unveils 'Reliance Limit Sure Pay As You Drive'
  • 13.3.2. The Floow Partners with Definity and Munich Re Global Consulting to Bring New, Usage-Based Auto Insurance Product to Canada
  • 13.3.3. Definity Launches Sonnet Shift: a New Usage-based Insurance Offering Giving Customers Control of Their Premiums
  • 13.3.4. Citroen India Launches UBI Program in Partnership with ICICI Lombard General Insurance: Encourages Safe Driving Practices
  • 13.3.5. Jerry's AI-Powered Revolution in Car Insurance Accelerates with USD 110 Million Raise
  • 13.3.6. Lexasure to Provide Captive Car Insurance for My Car Consultant
  • 13.3.7. ACKO, Multipl Tie up to Combine Insurance with Investment
  • 13.3.8. Direct Line Group Acquires By Miles
  • 13.3.9. Cambridge Mobile Telematics Acquires Amodo
  • 13.3.10. Zuno General to Ride on 'Usage-Based Insurance,' Plans to Roll Out 'Pay How You Drive' Offering
  • 13.3.11. New India Assurance Launches 'Pay as you Drive' Policy
  • 13.3.12. Researchers Submit Patent Application, "Blockchain Controlled Multi-Carrier Auction System For Usage-Based Auto Insurance," for Approval

Companies Mentioned

• 1. Allianz SE
• 2. Allstate Corporation
• 3. Amica Mutual Insurance Company
• 4. Assicurazioni Generali S.p.A.
• 5. AXA SA
• 6. CalAmp Wireless Networks Corporation
• 7. Cambridge Mobile Telematics, Inc.
• 8. CerebrumX Lab Inc.
• 9. Credit Karma, LLC by Intuit Inc.
• 10. Definity Financial Corporation
• 11. General Motors Company
• 12. Go Digit General Insurance Limited
• 13. HDFC ERGO General Insurance Company Limited
• 14. ICICI Lombard General Insurance Company Ltd.
• 15. Lemonade, Inc.
• 16. LexisNexis Risk Solutions Inc. by RELX plc
• 17. Liberty Mutual Group Inc.
• 18. MAPFRE S.A
• 19. Modus Group, LLC
• 20. Nationwide Mutual Insurance Company
• 21. Octo Group S.p.A.
• 22. Progressive Casualty Insurance Company
• 23. Reliance General Insurance Company Limited by Reliance Capital Limited
• 24. Sierra Wireless by Semtech Corporation
• 25. State Farm Mutual Automobile Insurance Company
• 26. The Floow Limited by Otonomo Technologies Ltd.
• 27. The Government Employees Insurance Company
• 28. The New India Assurance Co. Ltd.
• 29. The Travelers Indemnity Company
• 30. Unipol Gruppo S.p.A.
• 31. United Services Automobile Association
• 32. Verisk Analytics, Inc.
• 33. Zubie, Inc.
• 34. Zuno General Insurance Limited