Global Usage Based Insurance Market Size, Industry Share, Trends And Growth Statistics
Usage Based Insurance Global Market Report 2023 : Market Size, Trends, And Global Forecast 2023-2032
The Business Research Company's Usage Based Insurance Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032
LONDON, GREATER LONDON, UK, March 27, 2023 /EINPresswire.com/ -- The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company’s “Usage-Based Insurance Global Market Report 2023” is a comprehensive source of information that covers every facet of the usage-based insurance market. As per TBRC’s usage-based insurance global market forecast, the usage-based insurance market size is expected to grow to $166.88 billion in 2027 at a CAGR of 25.2%.
The growth in the usage-based insurance global market is due to the expansion of the automobile industry. North America region is expected to hold the largest usage-based insurance market share. Major players in the usage-based insurance global market include Allianz SE, Assicurazioni Generali S.p.A., Aviva plc, Insure The Box Limited, and Liberty Mutual Group.
Usage-Based Insurance Market Segments
By Vehicle Type: Light-Duty Vehicle (LDV), Heavy-Duty Vehicle (HDV)
By Technology: OBD-II-Based UBI Programs, Smartphone-Based UBI Programs, Hybrid-Based UBI Programs, Black-Box-Based UBI Programs
By Package Type: Pay-As-You-Drive (PAYD), Pay-How-You-Drive (PHYD), Manage-How-You-Drive (MHYD)
By Geography: The global usage-based insurance market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Learn More On The Usage-Based Insurance Market By Requesting A Free Sample (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=5180&type=smp
The usage-based insurance is frequently powered by telematics technology, which is accessible in vehicles via a plug-in device or is pre-installed in the car's system, and that can also be accessed via mobile apps and delivers insurers with a variety of data, including how far the vehicle is driven, how it's driven, and where it's driven. The usage-based insurance provides auto insurance services by placing monitoring devices in the vehicle.
Read more on the global usage-based insurance market report at:
https://www.thebusinessresearchcompany.com/report/usage-based-insurance-global-market-report
The Table Of Content For The Usage-Based Insurance Market Include:
1. Usage-Based Insurance Market Executive Summary
2. Usage-Based Insurance Market Characteristics
3. Usage-Based Insurance Market Trends
4. Usage-Based Insurance Market Drivers And Restraints
5. Usage-Based Insurance Market Size And Growth Rate
……
25. Usage-Based Insurance Market Key Mergers And Acquisitions
26. Usage-Based Insurance Market Competitor Landscape
27. Usage-Based Insurance Market Opportunities And Strategies
28. Usage-Based Insurance Market, Conclusions And Recommendations
29. Appendix
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