MarketResearchNest.com adds “Global Automotive UBI (Usage-based Insurance) Market Size, Status and Forecast 2019-2025” new report to its research database. The report spread across 96 pages with multiple tables and figures in it.
Usage based insurance, also known as pay as you drive (PAYD) and pay how you drive (PHYD) and mile-based auto insurance is a type of automobile insurance whereby the costs of motor insurance are dependent upon type of vehicle used, measured against time, distance, behaviour and place.
This report studies the Automotive UBI (Usage-based Insurance) Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Automotive UBI (Usage-based Insurance) market analysis segmented by companies, region, type and applications in the report.
In 2018, the global Automotive UBI (Usage-based Insurance) market size was – – million US$ and it is expected to reach – – million US$ by the end of 2025, with a CAGR of – -% during 2019-2025.
This report focuses on the global Automotive UBI (Usage-based Insurance) status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Automotive UBI (Usage-based Insurance) development in United States, Europe and China.
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The key players covered in this study:
- Generali Group
- Insure The Box Ltd
- Liberty Mutual
- Admiral Group
Market segment by Type, the product can be split into
- Odometer Data Based
- GPS data based
Market segment by Application, split into
- Compact Car
- Mid-size Car
- Full-size Car
Market segment by Regions/Countries, this report covers
- United States
- Southeast Asia
- Central and South America
Browse full table of contents and data tables at @
Highlights of the Global Automotive UBI (Usage-based Insurance) report:
- A complete backdrop analysis, which includes an assessment of the Automotive UBI (Usage-based Insurance) Market
- An objective assessment of the trajectory of the market
- Market segmentation up to the second or third level
- Reporting and evaluation of recent industry developments
- Important changes in market dynamics
- Emerging niche segments and regional markets
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
The study objectives of this report are:
- To analyze global Automotive UBI (Usage-based Insurance) status, future forecast, growth opportunity, key market and key players.
- To present the Automotive UBI (Usage-based Insurance) development in United States, Europe and China.
- To strategically profile the key players and comprehensively analyze their development plan and strategies.
- To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Automotive UBI (Usage-based Insurance) are as follows:
- History Year: 2014-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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IT stands for information technology. It is all about organizing, storing and processing information. IT is mainly associated with computers that use network to share information. Telecommunication occurs when two devices communicate with each other with the use of technology. It can be signals transmitted electrically over physical media, such as cables, or via electromagnetic radiation.
The use of fiber optics has drastically improved the speed of communication. Networks are thousand times faster today than the previous phone connection internet which we earlier seem to make use of. Introduction of the Smart phones had brought up a revolutionary change in the lifestyle of people. There is a huge market for various types of smart phone applications. People are getting access to the IOT (internet of things) more easily than it was. There are Different kind of sensors fitted to the devices for example GPS, gyroscope, compass which has introduced different kinds of applications.
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Mr. Jeet Jain