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Automotive Usage-Based Insurance Market Demand & Future Scope Including Top Players And Forecast to 2021

Automotive Usage-Based Insurance

The Automotive Usage-Based Insurance market is analyzed considering industry experts, to help produce maximum returns-on-investment as it provides clarity required to make informed business decisions. This research will help both established and new entrants to identify and analyze the market need, market size, and competition. It explains supply and demand situation, competitive scenario, challenges to market growth, market opportunities and threats faced by the key vendors. Industry experts project Automotive Usage-Based Insurance market to grow at a CAGR of 7.93% during the period 2017-2021.

The Automotive Usage-Based Insurance Market report proposes ready-to-access analytical data for users to provide an acumen to comprehend the latest Automotive Usage-Based Insurance market trends, driving factors, and forthcoming challenges in the Automotive Usage-Based Insurance market.

  • Americas
  • Asia-Pacific
  • Europe, the Middle East, and Africa

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About Automotive Usage-Based Insurance

The global automotive UBI market is at a nascent stage and has low penetration in the overall automotive insurance market. The market is seeing an influx of new players owing to its growth potential and the emergence of smartphone app technology in automotive UBI. The competition is expected to intensify during the forecast period because of product extensions and technological innovations. Many international players are expected to grow organically during the forecast period by expanding their customer base and creating differentiated products through partnerships with insurance companies.

Market analysts forecast the global automotive usage-based insurance market to grow at a CAGR of 7.93% during the period 2017-2021.

Market driver

  • Government initiatives encouraging use of telematics.
  • For a full, detailed list, view our report

Market challenge

  • Maintenance of data accuracy for optimum UBI scores.
  • For a full, detailed list, view our report

Market trend

  • Shared data plans to reduce number of data subscriptions per user.
  • For a full, detailed list, view our report

The vendor analysis is one of the key element and is very useful for every player to understand the competitive landscape in the market. The Automotive Usage-Based Insurance Market report considers Intelligent Mechatronic System, Octo Telematics, Hubio, Sierra Wireless, Baseline Telematics, Masternaut, TomTom Telematics as top players and analyze them for various parameters and delivers information about

  • Market position
  • Organizational developments
  • Strengths and weakness
  • Segment focus
  • Geographic focus
  • Business segments.

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Major TOC points which included in Automotive Usage-Based Insurance Market Report are as follows:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

  • Market outline

PART 05: Economic overview

  • Global economic overview and its impact on the market and vendors

PART 06: Market landscape

  • Market overview
  • Market assumptions
  • Market size and forecast

PART 07: Market segmentation by end-user

  • Global Automotive Usage-Based Insurance market by end-user
  • Global Automotive Usage-Based Insurance market by end-user (revenue)
  • Government sector
  • Commercial
  • Residential
  • Others

PART 08: Geographical Segmentation

  • Global Automotive Usage-Based Insurance market by geography
  • Global Automotive Usage-Based Insurance market by geography (revenue)
  • Americas
  • EMEA
  • APAC

PART 09: Decision framework

PART 10: Drivers and challenges

  • Market drivers
  • Market challenges

Continues…

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In the next part of the Automotive Usage-Based Insurance market research report, development policies and plans are discussed. This report also states growing domain, production and revenue by regions. The Automotive Usage-Based Insurance Market forecast to 2021 Considering Market Size, Sales, Revenue, Growth rate, Price and Trends for Regions, Types, and Applications is also provided.

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