利用ベース保険（UBI）市場の2030年までの予測：補償タイプ別、車両タイプ別、車両年齢別、技術別、流通チャネル別、地域別の世界分析

Stratistics MRCによると、世界の利用ベース保険（UBI）市場は2023年に332億米ドルを占め、予測期間中のCAGRは24.2％で成長し、2030年には1,517億米ドルに達する見込みです。

利用ベース保険（UBI）は自動車保険の一種であり、保険料は契約者の運転行動を監視することによって決定されます。自動車に搭載されたテレマティクス機器から収集された速度、走行距離、ブレーキパターンなどのデータは、リスクを評価し、それに応じて保険料を調整するために使用されます。UBIは、安全な 促進要因にはコスト削減の可能性を、保険会社にはより安全な運転習慣とより正確なリスク評価を促進する可能性を提供します。

イタリア保険監督局（IVASS）によると、イタリアにおけるUBI契約数は2020年に750万件に達し、前年比21.4%増となった。

パーソナライズされた保険ソリューションへの消費者の関心の高まり

パーソナライズされた保険ソリューションへの需要の高まりは、利用ベース保険（UBI）市場の重要な促進要因です。消費者は、個々の運転習慣やリスクプロファイルに合わせた保険契約を求めています。UBIプログラムは、保険料を引き下げ、安全運転行動を奨励する可能性を提供します。消費者がUBIの利点を認識するにつれ、こうした個別化された保険ソリューションへの関心が高まり、市場を前進させ、需要の高まりに対応するためにより多くの保険会社がUBIオプションを提供するよう促しています。

限定的な市場浸透

利用ベース保険（UBI）への関心が高まっているにもかかわらず、市場への浸透はまだ限定的です。多くの消費者はまだUBIプログラムを知らなかったり、データ・プライバシーや保険料への潜在的な影響に対する懸念から導入をためらっています。さらに、保険会社によっては、UBIプログラムの導入に必要な技術やインフラへの投資に消極的な場合もあります。こうした要因が市場浸透を抑制し、UBI市場全体の成長抑制要因となっています。

テレマティクス技術の進歩

テレマティクス機器はより洗練され、正確で、費用対効果が高くなっており、保険業者は運転行動に関するより詳細で信頼性の高いデータを収集できるようになっています。こうした進歩により、より正確なリスク評価と個別化された価格設定モデルが可能になります。テレマティクス技術が進化し続けることで、 促進要因へのリアルタイムのフィードバックやコーチングなど、UBIプログラムに新たな可能性が生まれ、UBIの価値提案がさらに強化され、これらのソリューションを採用する消費者が増える可能性があります。

データ・セキュリティの脅威

データセキュリティの脅威は、利用ベース保険（UBI）市場に大きな課題を突きつけています。UBIプログラムは、位置情報、速度、運転習慣など、機密性の高い 促進要因データの収集と分析に依存しています。このデータのセキュリティとプライバシーを確保することは、消費者の信頼を維持し、規制要件を遵守する上で極めて重要です。データ漏洩や 促進要因データへの不正アクセスは、保険会社の風評被害につながり、UBIプログラムに対する消費者の信頼を損なう可能性があります。

COVID-19の影響：

COVID-19の大流行は、利用ベース保険（UBI）市場にさまざまな影響を与えました。一方では、ロックダウンや旅行制限中の運転活動の減少により、UBIプログラムのために収集されるデータが減少しました。しかし、パンデミックはまた、デジタル技術やリモートワークの採用を加速させており、消費者がより柔軟で個別化された保険オプションを求めるにつれて、長期的にはUBIソリューションの需要を促進する可能性があります。

予測期間中、直販セグメントが最大となる見込み

利用ベース保険（UBI）市場では、予測期間中、直接販売セグメントが最大のシェアを占めると予想されます。直接販売チャネル別では、保険業者は顧客との関係を直接管理し、個別化されたUBIプログラムを提供することができます。保険会社は直販を通じて、UBIのメリットを効果的に伝え、顧客の懸念に対処し、シームレスな加入体験を提供することができます。個々の顧客に合わせたUBIを提供し、直接のやり取りを通じて長期的な関係を構築できることから、直販部門はUBI市場で最大の貢献者と位置づけられています。

予測期間中、テレマティクス機器分野が最も高いCAGRが見込まれる

利用ベース保険（UBI）市場では、テレマティクス機器分野が予測期間中に最も高いCAGRを記録すると予測されています。プラグインデバイスやスマートフォンアプリなどのテレマティクス機器は、UBIプログラムの主要な実現要素です。テレマティクス機器は運転行動に関するデータをリアルタイムで収集し、パーソナライズされたリスク評価と価格設定の基礎となります。テレマティクス・デバイスのコスト低下と機能向上により、その採用が増加しており、このセグメントの成長を促進すると予想されます。テレマティクス・ベースのUBIプログラムを採用する保険プロバイダーが増え、消費者がこれらのデバイスの使用をより受け入れるようになるにつれて、テレマティクス・デバイス分野はUBI市場で最も高い成長率を示すようになると思われます。

最もシェアの高い地域：

北米地域、特に米国が利用ベース保険（UBI）市場で最大のシェアを占めると予想されます。この優位性には、テレマティクス機器の高い普及率、成熟した保険業界、技術に精通した消費者層など、いくつかの要因が寄与しています。北米の保険業者は、先進的なテレマティクス技術を活用してパーソナライズされた保険ソリューションを提供するUBIプログラムを早くから採用してきました。この地域の規制環境は保険セクターのイノベーションを支援しており、UBI市場の成長をさらに後押ししています。

CAGRが最も高い地域：

アジア太平洋地域は、予測期間中、利用ベース保険（UBI）市場で最も高いCAGRを示すと予想されます。この急成長の背景には、デジタル技術の導入が進んでいること、UBIに対する消費者の意識が高まっていること、中間層の人口が増加傾向にあることなどがあります。中国、日本、インドなどの国々では自動車保有台数が大幅に伸びており、UBIプログラムに大きな市場機会をもたらしています。さらに、交通安全とコネクテッド・ビークルの導入を促進する政府の取り組みが、アジア太平洋地域におけるUBI市場の高い成長可能性にさらに貢献しています。

無料のカスタマイズサービス

本レポートをご購読のお客様には、以下の無料カスタマイズオプションのいずれかをご利用いただけます：

• 企業プロファイル
  • 追加市場プレイヤーの包括的プロファイリング（3社まで）
  • 主要企業のSWOT分析（3社まで）
• 地域セグメンテーション
  • 顧客の関心に応じた主要国の市場推計・予測・CAGR（注：フィージビリティチェックによる）
• 競合ベンチマーキング
  • 製品ポートフォリオ、地理的プレゼンス、戦略的提携に基づく主要企業のベンチマーキング

目次

第1章 エグゼクティブサマリー

第2章 序文

• 概要
• ステークホルダー
• 調査範囲
• 調査手法
  • データマイニング
  • データ分析
  • データ検証
  • 調査アプローチ
• 調査情報源
  • 1次調査情報源
  • 2次調査情報源
  • 前提条件

第3章 市場動向分析

• 促進要因
• 抑制要因
• 機会
• 脅威
• 技術分析
• 新興市場
• COVID-19の影響

第4章 ポーターのファイブフォース分析

• 供給企業の交渉力
• 買い手の交渉力
• 代替品の脅威
• 新規参入業者の脅威
• 競争企業間の敵対関係

第5章 世界の利用ベース保険（UBI）市場：補償タイプ別

• ハードウェア
• 走行距離に応じた料金（PAYD）
• 走行距離に応じた料金支払い（PHYD）
• 運転方法の管理（MHYD）

第6章 世界の利用ベース保険（UBI）市場：車両タイプ別

• 乗用車
• 商用車
• 二輪車
• その他の車両タイプ

第7章 世界の利用ベース保険（UBI）市場：車両年齢別

• 新しい車両
• 古い車両

第8章 世界の利用ベース保険（UBI）市場：技術別

• OBD-IIドングル
• スマートフォンアプリ
• テレマティクスデバイス
• その他の技術

第9章 世界の利用ベース保険（UBI）市場：流通チャネル別

• 直接販売
• 独立代理店およびブローカー
• 組み込み保険

第10章 世界の利用ベース保険（UBI）市場：地域別

• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • イタリア
  • フランス
  • スペイン
  • その他欧州
• アジア太平洋地域
  • 日本
  • 中国
  • インド
  • オーストラリア
  • ニュージーランド
  • 韓国
  • その他アジア太平洋地域
• 南米
  • アルゼンチン
  • ブラジル
  • チリ
  • その他南米
• 中東・アフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • カタール
  • 南アフリカ
  • その他中東とアフリカ

第11章 主な発展

• 契約、パートナーシップ、コラボレーション、合弁事業
• 買収と合併
• 新製品発売
• 事業拡大
• その他の主要戦略

第12章 企業プロファイリング

• Admiral Group plc
• Allstate Corporation
• American Family Insurance Group
• Aviva plc
• AXA Group
• Citroen India
• Cuvva Ltd.
• Desjardins Group
• Generali Group
• Insure The Box Ltd.
• Liberty Mutual Group
• MAPFRE Insurance Company
• MetLife Auto & Home
• Metromile Inc.
• Nationwide Mutual Insurance Company
• OPES Insurance
• Oyster
• Progressive Corporation
• Root Insurance Company
• Safeco Insurance
• State Farm Insurance
• UnipolSai Assicurazioni S.p.A.
• Zurich Insurance Group Ltd.

List of Tables

• Table 1 Global Usage-based Insurance (UBI) Market Outlook, By Region (2021-2030) ($MN)
• Table 2 Global Usage-based Insurance (UBI) Market Outlook, By Coverage Type (2021-2030) ($MN)
• Table 3 Global Usage-based Insurance (UBI) Market Outlook, By Hardware (2021-2030) ($MN)
• Table 4 Global Usage-based Insurance (UBI) Market Outlook, By Pay-As-You-Drive (PAYD) (2021-2030) ($MN)
• Table 5 Global Usage-based Insurance (UBI) Market Outlook, By Pay-How-You-Drive (PHYD) (2021-2030) ($MN)
• Table 6 Global Usage-based Insurance (UBI) Market Outlook, By Manage-How-You-Drive (MHYD) (2021-2030) ($MN)
• Table 7 Global Usage-based Insurance (UBI) Market Outlook, By Vehicle Type (2021-2030) ($MN)
• Table 8 Global Usage-based Insurance (UBI) Market Outlook, By Passenger Cars (2021-2030) ($MN)
• Table 9 Global Usage-based Insurance (UBI) Market Outlook, By Commercial Vehicles (2021-2030) ($MN)
• Table 10 Global Usage-based Insurance (UBI) Market Outlook, By Two-wheelers (2021-2030) ($MN)
• Table 11 Global Usage-based Insurance (UBI) Market Outlook, By Other Vehicle Types (2021-2030) ($MN)
• Table 12 Global Usage-based Insurance (UBI) Market Outlook, By Vehicle Age (2021-2030) ($MN)
• Table 13 Global Usage-based Insurance (UBI) Market Outlook, By New Vehicles (2021-2030) ($MN)
• Table 14 Global Usage-based Insurance (UBI) Market Outlook, By Old Vehicle (2021-2030) ($MN)
• Table 15 Global Usage-based Insurance (UBI) Market Outlook, By Technology (2021-2030) ($MN)
• Table 16 Global Usage-based Insurance (UBI) Market Outlook, By OBD-II Dongles (2021-2030) ($MN)
• Table 17 Global Usage-based Insurance (UBI) Market Outlook, By Smartphone Apps (2021-2030) ($MN)
• Table 18 Global Usage-based Insurance (UBI) Market Outlook, By Telematics Devices (2021-2030) ($MN)
• Table 19 Global Usage-based Insurance (UBI) Market Outlook, By Other Technologies (2021-2030) ($MN)
• Table 20 Global Usage-based Insurance (UBI) Market Outlook, By Distribution Channel (2021-2030) ($MN)
• Table 21 Global Usage-based Insurance (UBI) Market Outlook, By Direct Sales (2021-2030) ($MN)
• Table 22 Global Usage-based Insurance (UBI) Market Outlook, By Independent Agents and Brokers (2021-2030) ($MN)
• Table 23 Global Usage-based Insurance (UBI) Market Outlook, By Embedded Insurance (2021-2030) ($MN)
• Table 24 North America Usage-based Insurance (UBI) Market Outlook, By Country (2021-2030) ($MN)
• Table 25 North America Usage-based Insurance (UBI) Market Outlook, By Coverage Type (2021-2030) ($MN)
• Table 26 North America Usage-based Insurance (UBI) Market Outlook, By Hardware (2021-2030) ($MN)
• Table 27 North America Usage-based Insurance (UBI) Market Outlook, By Pay-As-You-Drive (PAYD) (2021-2030) ($MN)
• Table 28 North America Usage-based Insurance (UBI) Market Outlook, By Pay-How-You-Drive (PHYD) (2021-2030) ($MN)
• Table 29 North America Usage-based Insurance (UBI) Market Outlook, By Manage-How-You-Drive (MHYD) (2021-2030) ($MN)
• Table 30 North America Usage-based Insurance (UBI) Market Outlook, By Vehicle Type (2021-2030) ($MN)
• Table 31 North America Usage-based Insurance (UBI) Market Outlook, By Passenger Cars (2021-2030) ($MN)
• Table 32 North America Usage-based Insurance (UBI) Market Outlook, By Commercial Vehicles (2021-2030) ($MN)
• Table 33 North America Usage-based Insurance (UBI) Market Outlook, By Two-wheelers (2021-2030) ($MN)
• Table 34 North America Usage-based Insurance (UBI) Market Outlook, By Other Vehicle Types (2021-2030) ($MN)
• Table 35 North America Usage-based Insurance (UBI) Market Outlook, By Vehicle Age (2021-2030) ($MN)
• Table 36 North America Usage-based Insurance (UBI) Market Outlook, By New Vehicles (2021-2030) ($MN)
• Table 37 North America Usage-based Insurance (UBI) Market Outlook, By Old Vehicle (2021-2030) ($MN)
• Table 38 North America Usage-based Insurance (UBI) Market Outlook, By Technology (2021-2030) ($MN)
• Table 39 North America Usage-based Insurance (UBI) Market Outlook, By OBD-II Dongles (2021-2030) ($MN)
• Table 40 North America Usage-based Insurance (UBI) Market Outlook, By Smartphone Apps (2021-2030) ($MN)
• Table 41 North America Usage-based Insurance (UBI) Market Outlook, By Telematics Devices (2021-2030) ($MN)
• Table 42 North America Usage-based Insurance (UBI) Market Outlook, By Other Technologies (2021-2030) ($MN)
• Table 43 North America Usage-based Insurance (UBI) Market Outlook, By Distribution Channel (2021-2030) ($MN)
• Table 44 North America Usage-based Insurance (UBI) Market Outlook, By Direct Sales (2021-2030) ($MN)
• Table 45 North America Usage-based Insurance (UBI) Market Outlook, By Independent Agents and Brokers (2021-2030) ($MN)
• Table 46 North America Usage-based Insurance (UBI) Market Outlook, By Embedded Insurance (2021-2030) ($MN)
• Table 47 Europe Usage-based Insurance (UBI) Market Outlook, By Country (2021-2030) ($MN)
• Table 48 Europe Usage-based Insurance (UBI) Market Outlook, By Coverage Type (2021-2030) ($MN)
• Table 49 Europe Usage-based Insurance (UBI) Market Outlook, By Hardware (2021-2030) ($MN)
• Table 50 Europe Usage-based Insurance (UBI) Market Outlook, By Pay-As-You-Drive (PAYD) (2021-2030) ($MN)
• Table 51 Europe Usage-based Insurance (UBI) Market Outlook, By Pay-How-You-Drive (PHYD) (2021-2030) ($MN)
• Table 52 Europe Usage-based Insurance (UBI) Market Outlook, By Manage-How-You-Drive (MHYD) (2021-2030) ($MN)
• Table 53 Europe Usage-based Insurance (UBI) Market Outlook, By Vehicle Type (2021-2030) ($MN)
• Table 54 Europe Usage-based Insurance (UBI) Market Outlook, By Passenger Cars (2021-2030) ($MN)
• Table 55 Europe Usage-based Insurance (UBI) Market Outlook, By Commercial Vehicles (2021-2030) ($MN)
• Table 56 Europe Usage-based Insurance (UBI) Market Outlook, By Two-wheelers (2021-2030) ($MN)
• Table 57 Europe Usage-based Insurance (UBI) Market Outlook, By Other Vehicle Types (2021-2030) ($MN)
• Table 58 Europe Usage-based Insurance (UBI) Market Outlook, By Vehicle Age (2021-2030) ($MN)
• Table 59 Europe Usage-based Insurance (UBI) Market Outlook, By New Vehicles (2021-2030) ($MN)
• Table 60 Europe Usage-based Insurance (UBI) Market Outlook, By Old Vehicle (2021-2030) ($MN)
• Table 61 Europe Usage-based Insurance (UBI) Market Outlook, By Technology (2021-2030) ($MN)
• Table 62 Europe Usage-based Insurance (UBI) Market Outlook, By OBD-II Dongles (2021-2030) ($MN)
• Table 63 Europe Usage-based Insurance (UBI) Market Outlook, By Smartphone Apps (2021-2030) ($MN)
• Table 64 Europe Usage-based Insurance (UBI) Market Outlook, By Telematics Devices (2021-2030) ($MN)
• Table 65 Europe Usage-based Insurance (UBI) Market Outlook, By Other Technologies (2021-2030) ($MN)
• Table 66 Europe Usage-based Insurance (UBI) Market Outlook, By Distribution Channel (2021-2030) ($MN)
• Table 67 Europe Usage-based Insurance (UBI) Market Outlook, By Direct Sales (2021-2030) ($MN)
• Table 68 Europe Usage-based Insurance (UBI) Market Outlook, By Independent Agents and Brokers (2021-2030) ($MN)
• Table 69 Europe Usage-based Insurance (UBI) Market Outlook, By Embedded Insurance (2021-2030) ($MN)
• Table 70 Asia Pacific Usage-based Insurance (UBI) Market Outlook, By Country (2021-2030) ($MN)
• Table 71 Asia Pacific Usage-based Insurance (UBI) Market Outlook, By Coverage Type (2021-2030) ($MN)
• Table 72 Asia Pacific Usage-based Insurance (UBI) Market Outlook, By Hardware (2021-2030) ($MN)
• Table 73 Asia Pacific Usage-based Insurance (UBI) Market Outlook, By Pay-As-You-Drive (PAYD) (2021-2030) ($MN)
• Table 74 Asia Pacific Usage-based Insurance (UBI) Market Outlook, By Pay-How-You-Drive (PHYD) (2021-2030) ($MN)
• Table 75 Asia Pacific Usage-based Insurance (UBI) Market Outlook, By Manage-How-You-Drive (MHYD) (2021-2030) ($MN)
• Table 76 Asia Pacific Usage-based Insurance (UBI) Market Outlook, By Vehicle Type (2021-2030) ($MN)
• Table 77 Asia Pacific Usage-based Insurance (UBI) Market Outlook, By Passenger Cars (2021-2030) ($MN)
• Table 78 Asia Pacific Usage-based Insurance (UBI) Market Outlook, By Commercial Vehicles (2021-2030) ($MN)
• Table 79 Asia Pacific Usage-based Insurance (UBI) Market Outlook, By Two-wheelers (2021-2030) ($MN)
• Table 80 Asia Pacific Usage-based Insurance (UBI) Market Outlook, By Other Vehicle Types (2021-2030) ($MN)
• Table 81 Asia Pacific Usage-based Insurance (UBI) Market Outlook, By Vehicle Age (2021-2030) ($MN)
• Table 82 Asia Pacific Usage-based Insurance (UBI) Market Outlook, By New Vehicles (2021-2030) ($MN)
• Table 83 Asia Pacific Usage-based Insurance (UBI) Market Outlook, By Old Vehicle (2021-2030) ($MN)
• Table 84 Asia Pacific Usage-based Insurance (UBI) Market Outlook, By Technology (2021-2030) ($MN)
• Table 85 Asia Pacific Usage-based Insurance (UBI) Market Outlook, By OBD-II Dongles (2021-2030) ($MN)
• Table 86 Asia Pacific Usage-based Insurance (UBI) Market Outlook, By Smartphone Apps (2021-2030) ($MN)
• Table 87 Asia Pacific Usage-based Insurance (UBI) Market Outlook, By Telematics Devices (2021-2030) ($MN)
• Table 88 Asia Pacific Usage-based Insurance (UBI) Market Outlook, By Other Technologies (2021-2030) ($MN)
• Table 89 Asia Pacific Usage-based Insurance (UBI) Market Outlook, By Distribution Channel (2021-2030) ($MN)
• Table 90 Asia Pacific Usage-based Insurance (UBI) Market Outlook, By Direct Sales (2021-2030) ($MN)
• Table 91 Asia Pacific Usage-based Insurance (UBI) Market Outlook, By Independent Agents and Brokers (2021-2030) ($MN)
• Table 92 Asia Pacific Usage-based Insurance (UBI) Market Outlook, By Embedded Insurance (2021-2030) ($MN)
• Table 93 South America Usage-based Insurance (UBI) Market Outlook, By Country (2021-2030) ($MN)
• Table 94 South America Usage-based Insurance (UBI) Market Outlook, By Coverage Type (2021-2030) ($MN)
• Table 95 South America Usage-based Insurance (UBI) Market Outlook, By Hardware (2021-2030) ($MN)
• Table 96 South America Usage-based Insurance (UBI) Market Outlook, By Pay-As-You-Drive (PAYD) (2021-2030) ($MN)
• Table 97 South America Usage-based Insurance (UBI) Market Outlook, By Pay-How-You-Drive (PHYD) (2021-2030) ($MN)
• Table 98 South America Usage-based Insurance (UBI) Market Outlook, By Manage-How-You-Drive (MHYD) (2021-2030) ($MN)
• Table 99 South America Usage-based Insurance (UBI) Market Outlook, By Vehicle Type (2021-2030) ($MN)
• Table 100 South America Usage-based Insurance (UBI) Market Outlook, By Passenger Cars (2021-2030) ($MN)
• Table 101 South America Usage-based Insurance (UBI) Market Outlook, By Commercial Vehicles (2021-2030) ($MN)
• Table 102 South America Usage-based Insurance (UBI) Market Outlook, By Two-wheelers (2021-2030) ($MN)
• Table 103 South America Usage-based Insurance (UBI) Market Outlook, By Other Vehicle Types (2021-2030) ($MN)
• Table 104 South America Usage-based Insurance (UBI) Market Outlook, By Vehicle Age (2021-2030) ($MN)
• Table 105 South America Usage-based Insurance (UBI) Market Outlook, By New Vehicles (2021-2030) ($MN)
• Table 106 South America Usage-based Insurance (UBI) Market Outlook, By Old Vehicle (2021-2030) ($MN)
• Table 107 South America Usage-based Insurance (UBI) Market Outlook, By Technology (2021-2030) ($MN)
• Table 108 South America Usage-based Insurance (UBI) Market Outlook, By OBD-II Dongles (2021-2030) ($MN)
• Table 109 South America Usage-based Insurance (UBI) Market Outlook, By Smartphone Apps (2021-2030) ($MN)
• Table 110 South America Usage-based Insurance (UBI) Market Outlook, By Telematics Devices (2021-2030) ($MN)
• Table 111 South America Usage-based Insurance (UBI) Market Outlook, By Other Technologies (2021-2030) ($MN)
• Table 112 South America Usage-based Insurance (UBI) Market Outlook, By Distribution Channel (2021-2030) ($MN)
• Table 113 South America Usage-based Insurance (UBI) Market Outlook, By Direct Sales (2021-2030) ($MN)
• Table 114 South America Usage-based Insurance (UBI) Market Outlook, By Independent Agents and Brokers (2021-2030) ($MN)
• Table 115 South America Usage-based Insurance (UBI) Market Outlook, By Embedded Insurance (2021-2030) ($MN)
• Table 116 Middle East & Africa Usage-based Insurance (UBI) Market Outlook, By Country (2021-2030) ($MN)
• Table 117 Middle East & Africa Usage-based Insurance (UBI) Market Outlook, By Coverage Type (2021-2030) ($MN)
• Table 118 Middle East & Africa Usage-based Insurance (UBI) Market Outlook, By Hardware (2021-2030) ($MN)
• Table 119 Middle East & Africa Usage-based Insurance (UBI) Market Outlook, By Pay-As-You-Drive (PAYD) (2021-2030) ($MN)
• Table 120 Middle East & Africa Usage-based Insurance (UBI) Market Outlook, By Pay-How-You-Drive (PHYD) (2021-2030) ($MN)
• Table 121 Middle East & Africa Usage-based Insurance (UBI) Market Outlook, By Manage-How-You-Drive (MHYD) (2021-2030) ($MN)
• Table 122 Middle East & Africa Usage-based Insurance (UBI) Market Outlook, By Vehicle Type (2021-2030) ($MN)
• Table 123 Middle East & Africa Usage-based Insurance (UBI) Market Outlook, By Passenger Cars (2021-2030) ($MN)
• Table 124 Middle East & Africa Usage-based Insurance (UBI) Market Outlook, By Commercial Vehicles (2021-2030) ($MN)
• Table 125 Middle East & Africa Usage-based Insurance (UBI) Market Outlook, By Two-wheelers (2021-2030) ($MN)
• Table 126 Middle East & Africa Usage-based Insurance (UBI) Market Outlook, By Other Vehicle Types (2021-2030) ($MN)
• Table 127 Middle East & Africa Usage-based Insurance (UBI) Market Outlook, By Vehicle Age (2021-2030) ($MN)
• Table 128 Middle East & Africa Usage-based Insurance (UBI) Market Outlook, By New Vehicles (2021-2030) ($MN)
• Table 129 Middle East & Africa Usage-based Insurance (UBI) Market Outlook, By Old Vehicle (2021-2030) ($MN)
• Table 130 Middle East & Africa Usage-based Insurance (UBI) Market Outlook, By Technology (2021-2030) ($MN)
• Table 131 Middle East & Africa Usage-based Insurance (UBI) Market Outlook, By OBD-II Dongles (2021-2030) ($MN)
• Table 132 Middle East & Africa Usage-based Insurance (UBI) Market Outlook, By Smartphone Apps (2021-2030) ($MN)
• Table 133 Middle East & Africa Usage-based Insurance (UBI) Market Outlook, By Telematics Devices (2021-2030) ($MN)
• Table 134 Middle East & Africa Usage-based Insurance (UBI) Market Outlook, By Other Technologies (2021-2030) ($MN)
• Table 135 Middle East & Africa Usage-based Insurance (UBI) Market Outlook, By Distribution Channel (2021-2030) ($MN)
• Table 136 Middle East & Africa Usage-based Insurance (UBI) Market Outlook, By Direct Sales (2021-2030) ($MN)
• Table 137 Middle East & Africa Usage-based Insurance (UBI) Market Outlook, By Independent Agents and Brokers (2021-2030) ($MN)
• Table 138 Middle East & Africa Usage-based Insurance (UBI) Market Outlook, By Embedded Insurance (2021-2030) ($MN)

According to Stratistics MRC, the Global Usage-based Insurance (UBI) Market is accounted for $33.2 billion in 2023 and is expected to reach $151.7 billion by 2030 growing at a CAGR of 24.2% during the forecast period. Usage-based Insurance (UBI) is a type of auto insurance where premiums are determined by monitoring the policyholder's driving behavior. Data collected from telematics devices installed in vehicles, such as speed, mileage, and braking patterns, is used to assess risk and adjust insurance rates accordingly. UBI offers potential cost savings for safe drivers while promoting safer driving habits and more accurate risk assessment for insurers.

According to the Italian Insurance Supervisory Authority (IVASS), the number of UBI policies in Italy reached 7.5 million in 2020, representing a 21.4% increase from the previous year.

Market Dynamics:

Driver:

Growing consumer interest in personalized insurance solutions

The increasing demand for personalized insurance solutions is a significant driver for the usage-based insurance (UBI) market. Consumers are seeking insurance policies tailored to their individual driving habits and risk profiles. UBI programs offer the potential for lower premiums and to incentivize safe driving behaviors. As consumers become more aware of the benefits of UBI, their interest in these personalized insurance solutions grows, driving the market forward and encouraging more insurance providers to offer UBI options to meet the rising demand.

Restraint:

Limited market penetration

Despite the growing interest in usage-based insurance (UBI), market penetration remains limited. Many consumers are still unaware of UBI programs or may be hesitant to adopt them due to concerns about data privacy and the potential impact on their premiums. Additionally, some insurance providers may be reluctant to invest in the technology and infrastructure required to implement UBI programs. These factors contribute to the limited market penetration, which acts as a restraint on the overall growth of the UBI market.

Opportunity:

Advancements in telematics technology

Telematics devices are becoming more sophisticated, accurate, and cost-effective, enabling insurance providers to collect more detailed and reliable data on driving behavior. These advancements allow for more precise risk assessment and personalized pricing models. As telematics technology continues to evolve, it opens up new possibilities for UBI programs, such as real-time feedback and coaching for drivers, which can further enhance the value proposition of UBI and attract more consumers to adopt these solutions.

Threat:

Data security threats

Data security threats pose a significant challenge to the usage-based insurance (UBI) market. UBI programs rely on the collection and analysis of sensitive driver data, including location, speed, and driving habits. Ensuring the security and privacy of this data is crucial to maintaining consumer trust and complying with regulatory requirements. Any data breaches or unauthorized access to driver data could lead to reputational damage for insurance providers and erode consumer confidence in UBI programs.

Covid-19 Impact:

The COVID-19 pandemic has had a mixed impact on the usage-based insurance (UBI) market. On one hand, the reduced driving activity during lockdowns and travel restrictions has led to a decrease in the data collected for UBI programs. However, the pandemic has also accelerated the adoption of digital technologies and remote working, which could drive demand for UBI solutions in the long term as consumers seek more flexible and personalized insurance options.

The direct sales segment is expected to be the largest during the forecast period

The direct sales segment is expected to hold the largest share in the usage-based insurance (UBI) market during the forecast period. Direct sales channels allow insurance providers to have direct control over the customer relationship and offer personalized UBI programs. Through direct sales, insurers can effectively communicate the benefits of UBI, address customer concerns, and provide a seamless onboarding experience. The ability to tailor UBI offerings to individual customers and build long-term relationships through direct interactions positions the direct sales segment as the largest contributor to the UBI market.

The telematics devices segment is expected to have the highest CAGR during the forecast period

The telematics devices segment is projected to experience the highest CAGR during the forecast period in the usage-based insurance (UBI) market. Telematics devices, such as plug-in devices and smartphone apps, are the key enablers of UBI programs. They collect real-time data on driving behavior, which forms the basis for personalized risk assessment and pricing. The increasing adoption of telematics devices, driven by their declining costs and improving functionality, is expected to fuel the growth of this segment. As more insurance providers embrace telematics-based UBI programs and consumers become more receptive to using these devices, the Telematics Devices segment is poised for the highest growth rate in the UBI market.

Region with largest share:

The North American region, particularly the United States, is expected to hold the largest share in the usage-based insurance (UBI) market. Several factors contribute to this dominance, including the high adoption rate of telematics devices, a mature insurance industry, and a tech-savvy consumer base. Insurance providers in North America have been early adopters of UBI programs, leveraging advanced telematics technologies to offer personalized insurance solutions. The region's regulatory environment, which supports innovation in the insurance sector, further enables the growth of the UBI market.

Region with highest CAGR:

The Asia Pacific region is expected to exhibit the highest CAGR in the usage-based insurance (UBI) market during the forecast period. This rapid growth can be attributed to several factors, including the increasing adoption of digital technologies, rising consumer awareness about UBI, and the presence of a large and growing middle-class population. Countries like China, Japan, and India are witnessing significant growth in vehicle ownership, creating a substantial market opportunity for UBI programs. In addition, government initiatives promoting road safety and the adoption of connected vehicles further contribute to the high growth potential of the UBI market in the Asia Pacific region.

Key players in the market

Some of the key players in Usage-based Insurance (UBI) Market include Admiral Group plc, Allstate Corporation, American Family Insurance Group, Aviva plc, AXA Group, Citroen India, Cuvva Ltd., Desjardins Group, Generali Group, Insure The Box Ltd., Liberty Mutual Group, MAPFRE Insurance Company, MetLife Auto & Home, Metromile Inc., Nationwide Mutual Insurance Company, OPES Insurance, Oyster, Progressive Corporation, Root Insurance Company, Safeco Insurance, State Farm Insurance, UnipolSai Assicurazioni S.p.A. and Zurich Insurance Group Ltd.

Key Developments:

In November 2023, Oyster, a contemporary insurance platform for businesses, revealed the launch of a new rental insurance product. This groundbreaking offering introduces the first-ever usage-based rental insurance program in the United States, providing theft and damage coverage for rental bikes, electric bikes, kayaks, and paddleboards through Oyster's advanced platform for rental shops and marketplaces.

In August 2023, Citroen India collaborated with ICICI Lombard General Insurance to launch an innovative Usage-based Insurance (UBI) (UBI) program for eC3 customers. This initiative encourages customers to adopt safer driving habits and rewards them with reduced insurance premiums.

In November 2022, OPES, an exclusively digital insurance company, partnered with IMS to introduce app-based telematics insurance solutions named O-Car in Vietnam. O-Car utilizes the IMS One App SDK and IMS Wedge, a proprietary technology, to accurately identify the insured vehicle. Through this mobile application, OPES aims to target Vietnam's 3 million car drivers.

Coverage Types Covered:

• Hardware
• Pay-As-You-Drive (PAYD)
• Pay-How-You-Drive (PHYD)
• Manage-How-You-Drive (MHYD)

Vehicle Types Covered:

• Passenger Cars
• Commercial Vehicles
• Two-wheelers
• Other Vehicle Types

Vehicle Ages Covered:

• New Vehicles
• Old Vehicle

Technologies Covered:

• OBD-II Dongles
• Smartphone Apps
• Telematics Devices
• Other Technologies

Distribution Channels Covered:

• Direct Sales
• Independent Agents and Brokers
• Embedded Insurance

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Usage-based Insurance (UBI) Market, By Coverage Type

• 5.1 Introduction
• 5.2 Hardware
• 5.3 Pay-As-You-Drive (PAYD)
• 5.4 Pay-How-You-Drive (PHYD)
• 5.5 Manage-How-You-Drive (MHYD)

6 Global Usage-based Insurance (UBI) Market, By Vehicle Type

• 6.1 Introduction
• 6.2 Passenger Cars
• 6.3 Commercial Vehicles
• 6.4 Two-wheelers
• 6.5 Other Vehicle Types

7 Global Usage-based Insurance (UBI) Market, By Vehicle Age

• 7.1 Introduction
• 7.2 New Vehicles
• 7.3 Old Vehicle

8 Global Usage-based Insurance (UBI) Market, By Technology

• 8.1 Introduction
• 8.2 OBD-II Dongles
• 8.3 Smartphone Apps
• 8.4 Telematics Devices
• 8.5 Other Technologies

9 Global Usage-based Insurance (UBI) Market, By Distribution Channel

• 9.1 Introduction
• 9.2 Direct Sales
• 9.3 Independent Agents and Brokers
• 9.4 Embedded Insurance

10 Global Usage-based Insurance (UBI) Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 Admiral Group plc
• 12.2 Allstate Corporation
• 12.3 American Family Insurance Group
• 12.4 Aviva plc
• 12.5 AXA Group
• 12.6 Citroen India
• 12.7 Cuvva Ltd.
• 12.8 Desjardins Group
• 12.9 Generali Group
• 12.10 Insure The Box Ltd.
• 12.11 Liberty Mutual Group
• 12.12 MAPFRE Insurance Company
• 12.13 MetLife Auto & Home
• 12.14 Metromile Inc.
• 12.15 Nationwide Mutual Insurance Company
• 12.16 OPES Insurance
• 12.17 Oyster
• 12.18 Progressive Corporation
• 12.19 Root Insurance Company
• 12.20 Safeco Insurance
• 12.21 State Farm Insurance
• 12.22 UnipolSai Assicurazioni S.p.A.
• 12.23 Zurich Insurance Group Ltd.