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Global Usage-Based Insurance Market Analysis & Trends - Industry Forcast to 2028

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The Global Usage-Based Insurance Market is poised to grow at a CAGR of around XX% over the next decade to reach approximately $XX million by 2028. Some of the prominent trends that the market is witnessing include accurate and timely data collection, lower accident and vehicle theft possibilities and flexible insurance premiums. Based on the package type, the market is segregated into pay-how-you-drive (PHYD), pay-as-you-drive (PAYD), manage-how-you-drive (MHYD) and distance-based-insurance (DBI). Pay-as-you-drive (PAYD) segment is again segmented into telematics-based and device-based. By technology, the market is fragmented into smart phone, on-board diagnostic (OBD-II), black box and embedded system. On the basis of the vehicle type, the market is classified into heavy-duty vehicle (HDV), light-duty vehicle (LDV), passenger vehicle and commercial vehicle. With respect to the vehicle age, the market is segmented into on-road vehicles and new vehicles. By device offering, the market is fragmented into company provided and brings your own device (BYOD). On the basis of the application, the market is classified into automotive embedded UBI and automotive app-based UBI. Based on the electric and hybrid vehicle, the market is segregated into plug-in hybrid vehicle (PHEV), battery electric vehicle (BEV) and hybrid electric vehicle (HEV). This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2015, 2016 revenue estimations are presented for 2017 and forecasts from 2018 till 2028. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors. The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures. This report provides data tables, includes charts and graphs for visual analysis. Regional Analysis: North America - US - Canada - Mexico Europe - France - Germany - Italy - Spain - UK - Rest of Europe Asia Pacific - China - Japan - India - Australia - New Zealand - Rest of Asia Pacific Middle East - Saudi Arabia - UAE - Rest of Middle East Latin America - Argentina - Brazil - Rest of Latin America Rest of the World - South Africa - Others Report Highlights: - The report provides a detailed analysis on current and future market trends to identify the investment opportunities - Market forecasts till 2028, using estimated market values as the base numbers - Key market trends across the business segments, Regions and Countries - Key developments and strategies observed in the market - Market Dynamics such as Drivers, Restraints, Opportunities and other trends - In-depth company profiles of key players and upcoming prominent players - Growth prospects among the emerging nations through 2028 - Market opportunities and recommendations for new investments

1 Market Outline 1.1 Research Methodology 1.1.1 Research Approach & Sources 1.2 Market Trends 1.3 Regulatory Factors 1.4 Technology Analysis 1.5 Strategic Benchmarking 1.6 Opportunity Analysis 2 Executive Summary 3 Market Overview 3.1 Current Trends 3.1.1 Accurate and timely data collection 3.1.2 Lower accident and vehicle theft possibilities 3.1.3 Flexible insurance premiums 3.1.4 Growth Opportunities/Investment Opportunities 3.2 Drivers 3.3 Constraints 3.4 Industry Attractiveness 3.4.1 Bargaining power of suppliers 3.4.2 Bargaining power of buyers 3.4.3 Threat of substitutes 3.4.4 Threat of new entrants 3.4.5 Competitive rivalry 4 Usage-Based Insurance Market, By Package Type 4.1 Pay-How-You-Drive (PHYD) DATA TABLE Pay-How-You-Drive (PHYD) Market Forecast to 2028 (US$ MN) 4.2 Pay-As-You-Drive (PAYD) DATA TABLE Pay-As-You-Drive (PAYD) Market Forecast to 2028 (US$ MN) 4.2.1 Telematics-based DATA TABLE Telematics-based Market Forecast to 2028 (US$ MN) 4.2.2 Device-based DATA TABLE Device-based Market Forecast to 2028 (US$ MN) 4.3 Manage-How-You-Drive (MHYD) DATA TABLE Manage-How-You-Drive (MHYD) Market Forecast to 2028 (US$ MN) 4.4 Distance-based-Insurance (DBI) DATA TABLE Distance-based-Insurance (DBI) Market Forecast to 2028 (US$ MN) 5 Usage-Based Insurance Market, By Technology 5.1 Smartphone DATA TABLE Smartphone Market Forecast to 2028 (US$ MN) 5.2 On-Board Diagnostic (OBD-II) DATA TABLE On-Board Diagnostic (OBD-II) Market Forecast to 2028 (US$ MN) 5.3 Black Box DATA TABLE Black Box Market Forecast to 2028 (US$ MN) 5.4 Embedded System DATA TABLE Embedded System Market Forecast to 2028 (US$ MN) 6 Usage-Based Insurance Market, By Vehicle Type 6.1 Heavy-Duty Vehicle (HDV) DATA TABLE Heavy-Duty Vehicle (HDV) Market Forecast to 2028 (US$ MN) 6.2 Light-Duty Vehicle (LDV) DATA TABLE Light-Duty Vehicle (LDV) Market Forecast to 2028 (US$ MN) 6.3 Passenger Vehicle DATA TABLE Passenger Vehicle Market Forecast to 2028 (US$ MN) 6.4 Commercial Vehicle DATA TABLE Commercial Vehicle Market Forecast to 2028 (US$ MN) 7 Usage-Based Insurance Market, By Vehicle Age 7.1 On-Road Vehicles DATA TABLE On-Road Vehicles Market Forecast to 2028 (US$ MN) 7.2 New Vehicles DATA TABLE New Vehicles Market Forecast to 2028 (US$ MN) 8 Usage-Based Insurance Market, By Device Offering 8.1 Company Provided DATA TABLE Company Provided Market Forecast to 2028 (US$ MN) 8.2 Bring Your Own Device (BYOD) DATA TABLE Bring Your Own Device (BYOD) Market Forecast to 2028 (US$ MN) 9 Usage-Based Insurance Market, By Application 9.1 Automotive Embedded UBI DATA TABLE Automotive Embedded UBI Market Forecast to 2028 (US$ MN) 9.2 Automotive App-Based UBI DATA TABLE Automotive App-Based UBI Market Forecast to 2028 (US$ MN) 10 Usage-Based Insurance Market, By Electric and Hybrid Vehicle 10.1 Plug-In Hybrid Vehicle (PHEV) DATA TABLE Plug-In Hybrid Vehicle (PHEV) Market Forecast to 2028 (US$ MN) 10.2 Battery Electric Vehicle (BEV) DATA TABLE Battery Electric Vehicle (BEV) Market Forecast to 2028 (US$ MN) 10.3 Hybrid Electric Vehicle (HEV) DATA TABLE Hybrid Electric Vehicle (HEV) Market Forecast to 2028 (US$ MN) 11 Usage-Based Insurance Market, By Geography 11.1 North America DATA TABLE North America Market Forecast by Countries to 2028 (US$ MN) 11.1.1 US 11.1.2 Canada 11.1.3 Mexico 11.2 Europe DATA TABLE Europe Market Forecast by Countries to 2028 (US$ MN) 11.2.1 Germany 11.2.2 U.K 11.2.3 Italy 11.2.4 France 11.2.5 Spain 11.2.6 Rest of Europe 11.3 Asia Pacific DATA TABLE Asia Pacific Market Forecast by Countries to 2028 (US$ MN) 11.3.1 China 11.3.2 Japan 11.3.3 India 11.3.4 Australia 11.3.5 New Zealand 11.3.6 Rest of Asia Pacific 11.4 Middle East DATA TABLE Middle East Market Forecast by Countries to 2028 (US$ MN) 11.4.1 Saudi Arabia 11.4.2 UAE 11.4.3 Rest of Middle East 11.5 Latin America DATA TABLE Latin America Market Forecast by Countries to 2028 (US$ MN) 11.5.1 Argentina 11.5.2 Brazil 11.5.3 Rest of Latin America 11.6 Rest of the World (RoW) DATA TABLE Rest of the World (RoW) Market Forecast by Countries to 2028 (US$ MN) 11.6.1 South Africa 11.6.2 Others 12 Key Player Activities 12.1 Acquisitions & Mergers 12.2 Agreements, Partnerships, Collaborations and Joint Ventures 12.3 Product Launch & Expansions 12.4 Other Activities 13 Leading Companies 13.1 UnipolSai Assicurazioni S.P.A 13.2 Progressive Casualty Insurance Company 13.3 Allstate Insurance Company 13.4 State Farm Mutual Automobile Insurance Company 13.5 Liberty Mutual Insurance Company 13.6 AXA 13.7 Assicurazioni Generali S.P.A. 13.8 Allianz 13.9 Webfleet Solutions 13.10 Verizon List of Tables Table 1 Global Usage-Based Insurance Market By Region, Market Forecast (2016-2028) (US $MN) Table 2 Global Usage-Based Insurance Market By Package Type, Market Forecast (2016-2028) (US $MN) Table 3 Global Usage-Based Insurance Market By Pay-How-You-Drive (PHYD), Market Forecast (2016-2028) (US $MN) Table 4 Global Usage-Based Insurance Market By Pay-As-You-Drive (PAYD), Market Forecast (2016-2028) (US $MN) Table 5 Global Usage-Based Insurance Market By Telematics-based, Market Forecast (2016-2028) (US $MN) Table 6 Global Usage-Based Insurance Market By Device-based, Market Forecast (2016-2028) (US $MN) Table 7 Global Usage-Based Insurance Market By Manage-How-You-Drive (MHYD), Market Forecast (2016-2028) (US $MN) Table 8 Global Usage-Based Insurance Market By Distance-based-Insurance (DBI), Market Forecast (2016-2028) (US $MN) Table 9 Global Usage-Based Insurance Market By Technology, Market Forecast (2016-2028) (US $MN) Table 10 Global Usage-Based Insurance Market By Smartphone, Market Forecast (2016-2028) (US $MN) Table 11 Global Usage-Based Insurance Market By On-Board Diagnostic (OBD-II), Market Forecast (2016-2028) (US $MN) Table 12 Global Usage-Based Insurance Market By Black Box, Market Forecast (2016-2028) (US $MN) Table 13 Global Usage-Based Insurance Market By Embedded System, Market Forecast (2016-2028) (US $MN) Table 14 Global Usage-Based Insurance Market By Vehicle Type, Market Forecast (2016-2028) (US $MN) Table 15 Global Usage-Based Insurance Market By Heavy-Duty Vehicle (HDV), Market Forecast (2016-2028) (US $MN) Table 16 Global Usage-Based Insurance Market By Light-Duty Vehicle (LDV), Market Forecast (2016-2028) (US $MN) Table 17 Global Usage-Based Insurance Market By Passenger Vehicle, Market Forecast (2016-2028) (US $MN) Table 18 Global Usage-Based Insurance Market By Commercial Vehicle, Market Forecast (2016-2028) (US $MN) Table 19 Global Usage-Based Insurance Market By Vehicle Age, Market Forecast (2016-2028) (US $MN) Table 20 Global Usage-Based Insurance Market By On-Road Vehicles, Market Forecast (2016-2028) (US $MN) Table 21 Global Usage-Based Insurance Market By New Vehicles, Market Forecast (2016-2028) (US $MN) Table 22 Global Usage-Based Insurance Market By Device Offering, Market Forecast (2016-2028) (US $MN) Table 23 Global Usage-Based Insurance Market By Company Provided, Market Forecast (2016-2028) (US $MN) Table 24 Global Usage-Based Insurance Market By Bring Your Own Device (BYOD), Market Forecast (2016-2028) (US $MN) Table 25 Global Usage-Based Insurance Market By Application, Market Forecast (2016-2028) (US $MN) Table 26 Global Usage-Based Insurance Market By Automotive Embedded UBI, Market Forecast (2016-2028) (US $MN) Table 27 Global Usage-Based Insurance Market By Automotive App-Based UBI, Market Forecast (2016-2028) (US $MN) Table 28 Global Usage-Based Insurance Market By Electric and Hybrid Vehicle, Market Forecast (2016-2028) (US $MN) Table 29 Global Usage-Based Insurance Market By Plug-In Hybrid Vehicle (PHEV), Market Forecast (2016-2028) (US $MN) Table 30 Global Usage-Based Insurance Market By Battery Electric Vehicle (BEV), Market Forecast (2016-2028) (US $MN) Table 31 Global Usage-Based Insurance Market By Hybrid Electric Vehicle (HEV), Market Forecast (2016-2028) (US $MN) NOTE: Tables for North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the World are represented in the same manner above.

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