Usage-Based Insurance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
The global usage-based insurance market reached a value of US$ 33.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 123.4 Billion by 2027, exhibiting a CAGR of 24.47% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Usage-based insurance (UBI), or telematics insurance, is a form of a specialized automobile insurance policy that calculates the premium based on the usage of the vehicle or the consumer driving behavior. It is commonly available in the form of pay-how-you-drive (PHYD) and pay-per-mile formats (PPM). The premium is calculated according to the readings obtained from the telematics device installed in the vehicle to monitor the speed, time and distance covered and observe the driving pattern. In comparison to the conventional insurance policies, UBI is more personalized, aids in promoting good driving practices, minimizes the instances of road accidents and offers enhanced satisfaction to the policy holder.
Significant growth in the automotive industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, the widespread adoption of remote diagnostics to monitor consumer driving behavior is providing a thrust to the market growth. Automobile manufacturers are embedding advanced telematics-based platforms in light-duty vehicles (LDV) to monitor driving habits and prevent any sudden failures or accidents on the road. These systems also minimize the requirement of installing an additional black-box in the vehicles to record vehicular data, thereby favoring the market growth. Additionally, the development of connected vehicles and increasing concerns for driver safety, are also contributing to the growth of the market. Other factors, including a significant reduction in UBI insurance premium rates, along with the implementation of favorable government policies promoting the use of telematics, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global usage-based insurance market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, technology, vehicle type and vehicle age.
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)
Heavy-duty Vehicle (HDV)
Breakup by Vehicle Age:
New Vehicles
Used Vehicles
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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. and UnipolSai Assicurazioni S.p.A. (Unipol Gruppo S.p.A).
Key Questions Answered in This Report:
How has the global usage-based insurance market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global usage-based insurance market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the vehicle type?
What is the breakup of the market based on the vehicle age?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global usage-based insurance market and who are the key players?
What is the degree of competition in the industry?
Usage-based insurance (UBI), or telematics insurance, is a form of a specialized automobile insurance policy that calculates the premium based on the usage of the vehicle or the consumer driving behavior. It is commonly available in the form of pay-how-you-drive (PHYD) and pay-per-mile formats (PPM). The premium is calculated according to the readings obtained from the telematics device installed in the vehicle to monitor the speed, time and distance covered and observe the driving pattern. In comparison to the conventional insurance policies, UBI is more personalized, aids in promoting good driving practices, minimizes the instances of road accidents and offers enhanced satisfaction to the policy holder.
Significant growth in the automotive industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, the widespread adoption of remote diagnostics to monitor consumer driving behavior is providing a thrust to the market growth. Automobile manufacturers are embedding advanced telematics-based platforms in light-duty vehicles (LDV) to monitor driving habits and prevent any sudden failures or accidents on the road. These systems also minimize the requirement of installing an additional black-box in the vehicles to record vehicular data, thereby favoring the market growth. Additionally, the development of connected vehicles and increasing concerns for driver safety, are also contributing to the growth of the market. Other factors, including a significant reduction in UBI insurance premium rates, along with the implementation of favorable government policies promoting the use of telematics, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global usage-based insurance market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, technology, vehicle type and vehicle age.
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)
Heavy-duty Vehicle (HDV)
Breakup by Vehicle Age:
New Vehicles
Used Vehicles
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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. and UnipolSai Assicurazioni S.p.A. (Unipol Gruppo S.p.A).
Key Questions Answered in This Report:
How has the global usage-based insurance market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global usage-based insurance market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the vehicle type?
What is the breakup of the market based on the vehicle age?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global usage-based insurance market and who are the key players?
What is the degree of competition in the industry?
1 PREFACE
2 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 Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 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
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 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 Forecast
8 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
10 MARKET BREAKUP BY REGION
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT ANALYSIS
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 VALUE CHAIN ANALYSIS
13 PORTERS FIVE FORCES ANALYSIS
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 PRICE ANALYSIS
15 COMPETITIVE LANDSCAPE
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Aioi Nissay Dowa Insurance UK Ltd
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Allianz SE
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 Allstate Insurance Company
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 American International Group Inc.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Assicurazioni Generali S.p.A.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 AXA
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Liberty Mutual Insurance Company
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Mapfre S.A.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Progressive Casualty Insurance Company
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 State Farm Automobile Mutual Insurance Company
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 SWOT Analysis
15.3.11 TomTom International BV.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 UnipolSai Assicurazioni S.p.A. (Unipol Gruppo S.p.A)
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
2 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 Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 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
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 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 Forecast
8 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
10 MARKET BREAKUP BY REGION
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT ANALYSIS
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 VALUE CHAIN ANALYSIS
13 PORTERS FIVE FORCES ANALYSIS
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 PRICE ANALYSIS
15 COMPETITIVE LANDSCAPE
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Aioi Nissay Dowa Insurance UK Ltd
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Allianz SE
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 Allstate Insurance Company
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 American International Group Inc.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Assicurazioni Generali S.p.A.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 AXA
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Liberty Mutual Insurance Company
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Mapfre S.A.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Progressive Casualty Insurance Company
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 State Farm Automobile Mutual Insurance Company
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 SWOT Analysis
15.3.11 TomTom International BV.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 UnipolSai Assicurazioni S.p.A. (Unipol Gruppo S.p.A)
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
LIST OF TABLES
Table 1: Global: Usage-Based Insurance Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Usage-Based Insurance Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Usage-Based Insurance Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 4: Global: Usage-Based Insurance Market Forecast: Breakup by Vehicle Type (in Million US$), 2022-2027
Table 5: Global: Usage-Based Insurance Market Forecast: Breakup by Vehicle Age (in Million US$), 2022-2027
Table 6: Global: Usage-Based Insurance Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Usage-Based Insurance Market: Competitive Structure
Table 8: Global: Usage-Based Insurance Market: Key Players
Table 1: Global: Usage-Based Insurance Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Usage-Based Insurance Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Usage-Based Insurance Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 4: Global: Usage-Based Insurance Market Forecast: Breakup by Vehicle Type (in Million US$), 2022-2027
Table 5: Global: Usage-Based Insurance Market Forecast: Breakup by Vehicle Age (in Million US$), 2022-2027
Table 6: Global: Usage-Based Insurance Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Usage-Based Insurance Market: Competitive Structure
Table 8: Global: Usage-Based Insurance Market: Key Players
LIST OF FIGURES
Figure 1: Global: Usage-Based Insurance Market: Major Drivers and Challenges
Figure 2: Global: Usage-Based Insurance Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Usage-Based Insurance Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Usage-Based Insurance Market: Breakup by Type (in %), 2021
Figure 5: Global: Usage-Based Insurance Market: Breakup by Technology (in %), 2021
Figure 6: Global: Usage-Based Insurance Market: Breakup by Vehicle Type (in %), 2021
Figure 7: Global: Usage-Based Insurance Market: Breakup by Vehicle Age (in %), 2021
Figure 8: Global: Usage-Based Insurance Market: Breakup by Region (in %), 2021
Figure 9: Global: Usage-Based Insurance (Pay-As-You-Drive-PAYD) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Usage-Based Insurance (Pay-As-You-Drive-PAYD) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Usage-Based Insurance (Pay-How-You-Drive-PHYD) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Usage-Based Insurance (Pay-How-You-Drive-PHYD) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Usage-Based Insurance (Manage-How-You-Drive-MHYD) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Usage-Based Insurance (Manage-How-You-Drive-MHYD) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Usage-Based Insurance (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Usage-Based Insurance (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Usage-Based Insurance (OBD II) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Usage-Based Insurance (OBD II) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Usage-Based Insurance (Black Box) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Usage-Based Insurance (Black Box) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Usage-Based Insurance (Smartphones) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Usage-Based Insurance (Smartphones) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Usage-Based Insurance (Other Technologies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Usage-Based Insurance (Other Technologies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Usage-Based Insurance (Light-duty Vehicle-LDV) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Usage-Based Insurance (Light-duty Vehicle-LDV) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Usage-Based Insurance (Heavy-duty Vehicle-HDV) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Usage-Based Insurance (Heavy-duty Vehicle-HDV) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Usage-Based Insurance (New Vehicles) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Usage-Based Insurance (New Vehicles) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Usage-Based Insurance (Used Vehicles) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Usage-Based Insurance (Used Vehicles) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: North America: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: North America: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: United States: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: United States: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Canada: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Canada: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Asia-Pacific: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Asia-Pacific: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: China: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: China: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Japan: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Japan: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: India: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: India: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: South Korea: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: South Korea: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Australia: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Australia: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Indonesia: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Indonesia: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Others: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Others: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Europe: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Europe: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Germany: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Germany: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: France: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: France: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: United Kingdom: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: United Kingdom: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Italy: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Italy: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Spain: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Spain: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Russia: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Russia: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Others: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Others: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Latin America: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Latin America: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Brazil: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Brazil: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Mexico: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Mexico: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Others: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Others: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Middle East and Africa: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Middle East and Africa: Usage-Based Insurance Market: Breakup by Country (in %), 2021
Figure 81: Middle East and Africa: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Global: Usage-Based Insurance Industry: SWOT Analysis
Figure 83: Global: Usage-Based Insurance Industry: Value Chain Analysis
Figure 84: Global: Usage-Based Insurance Industry: Porter's Five Forces Analysis
Figure 1: Global: Usage-Based Insurance Market: Major Drivers and Challenges
Figure 2: Global: Usage-Based Insurance Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Usage-Based Insurance Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Usage-Based Insurance Market: Breakup by Type (in %), 2021
Figure 5: Global: Usage-Based Insurance Market: Breakup by Technology (in %), 2021
Figure 6: Global: Usage-Based Insurance Market: Breakup by Vehicle Type (in %), 2021
Figure 7: Global: Usage-Based Insurance Market: Breakup by Vehicle Age (in %), 2021
Figure 8: Global: Usage-Based Insurance Market: Breakup by Region (in %), 2021
Figure 9: Global: Usage-Based Insurance (Pay-As-You-Drive-PAYD) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Usage-Based Insurance (Pay-As-You-Drive-PAYD) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Usage-Based Insurance (Pay-How-You-Drive-PHYD) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Usage-Based Insurance (Pay-How-You-Drive-PHYD) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Usage-Based Insurance (Manage-How-You-Drive-MHYD) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Usage-Based Insurance (Manage-How-You-Drive-MHYD) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Usage-Based Insurance (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Usage-Based Insurance (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Usage-Based Insurance (OBD II) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Usage-Based Insurance (OBD II) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Usage-Based Insurance (Black Box) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Usage-Based Insurance (Black Box) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Usage-Based Insurance (Smartphones) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Usage-Based Insurance (Smartphones) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Usage-Based Insurance (Other Technologies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Usage-Based Insurance (Other Technologies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Usage-Based Insurance (Light-duty Vehicle-LDV) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Usage-Based Insurance (Light-duty Vehicle-LDV) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Usage-Based Insurance (Heavy-duty Vehicle-HDV) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Usage-Based Insurance (Heavy-duty Vehicle-HDV) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Usage-Based Insurance (New Vehicles) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Usage-Based Insurance (New Vehicles) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Usage-Based Insurance (Used Vehicles) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Usage-Based Insurance (Used Vehicles) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: North America: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: North America: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: United States: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: United States: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Canada: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Canada: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Asia-Pacific: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Asia-Pacific: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: China: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: China: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Japan: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Japan: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: India: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: India: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: South Korea: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: South Korea: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Australia: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Australia: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Indonesia: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Indonesia: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Others: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Others: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Europe: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Europe: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Germany: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Germany: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: France: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: France: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: United Kingdom: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: United Kingdom: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Italy: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Italy: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Spain: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Spain: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Russia: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Russia: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Others: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Others: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Latin America: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Latin America: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Brazil: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Brazil: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Mexico: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Mexico: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Others: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Others: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Middle East and Africa: Usage-Based Insurance Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Middle East and Africa: Usage-Based Insurance Market: Breakup by Country (in %), 2021
Figure 81: Middle East and Africa: Usage-Based Insurance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Global: Usage-Based Insurance Industry: SWOT Analysis
Figure 83: Global: Usage-Based Insurance Industry: Value Chain Analysis
Figure 84: Global: Usage-Based Insurance Industry: Porter's Five Forces Analysis
