Usage Based Insurance Market Share, Size, Trends, Industry Analysis Report, By Policy Type (Pay-As-You-Drive (PAYD), Pay-How-You-Drive (PHYD), and Manage-How-You-Drive (MHYD)); By Technology; By Region; Segment Forecast, 2024- 2032

Description

List of Tables

The global usage-based insurance market size is expected to reach USD 154.89 billion by 2032, according to a new study by Polaris Market Research. The report "Usage Based Insurance Market Share, Size, Trends, Industry Analysis Report, By Policy Type (Pay-As-You-Drive (PAYD), Pay-How-You-Drive (PHYD), and Manage-How-You-Drive (MHYD)); By Technology; By Vehicle Age; By Vehicle Type; By Region; Segment Forecast, 2023- 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.

One of the main factors for the market expansion is the increasing adoption of usage based insurance due to its distinct advantages over traditional insurance. For instance, advantages such as personalized cost of insurance, decrease in fraudulent insurance claims, and real-time monitoring of the driving behavior are attracting a large group of people especially millennials and GenZ. Moreover, improvement in driving skills and the promotion of safer driving by these insurance systems are expected to fuel the market growth in the projected years.

Usage based insurance is being implemented by regulatory bodies in several countries owing to the promising benefits offered by this insurance system. Moreover, the growth of the automotive sector, coupled with the rising production and sales volume of vehicles, increases the demand for usage based insurance. For instance, according to the recent statistics published by the International Organization of Motor Vehicle Manufacturers, in 2022, the sales of new vehicles in India increased by 25.7% compared to 2021.

The growing government initiatives to promote usage based insurance coupled with the innovative marketing strategies undertaken by market players are propelling the market growth. Moreover, benefits, including the flexibility to add extra coverage to the policy and own damage and third-party liability coverage, are expected to fuel the market growth during the forecast period. The companies operating in this industry strongly concentrate on strategic initiatives such as collaborations and partnerships with automotive manufacturers in order to strengthen the demand for their usage based insurance policies. Such strategic developments will help in the growth of usage based insurance market in the upcoming years.

Usage Based Insurance Market Report Highlights

The Pay-As-You-Drive (PAYD) segment dominated the market, owing to the benefits such as maximum discounts and flexibility to enhance the existing policy by add-on.

The smartphone segment is anticipated to register the highest CAGR, owing to the availability of inbuilt sensors required for usage based insurance.

The new vehicles segment is projected to witness significant growth, owing to increasing demand for personalized insurance from millennials and GenZ.

The Light-Duty Vehicle (LDV) segment accounted for the largest market share, owing to the high adoption of usage based insurance among the young population.

North America accounted for the largest market share, owing to the growth in the sales of vehicles and regulatory support for this insurance system.

The market players include Progressive Casualty Insurance Company, UNIPOLSAI ASSICURAZIONI S.P.A., Allstate Insurance Company, Liberty Mutual Insurance, and others.

Polaris Market Research has segmented the usage based insurance market report based on policy type, technology, vehicle age, vehicle type, and region:

Usage Based Insurance, Policy Type Outlook (Revenue - USD Billion, 2019 - 2032)

Pay-As-You-Drive (PAYD)
Pay-How-You-Drive (PHYD)
Manage-How-You-Drive (MHYD)

Usage Based Insurance, Technology Outlook (Revenue - USD Billion, 2019 - 2032)

OBD (On-Board Diagnostics)-II
Smartphone
Embedded Telematics
Others

Usage Based Insurance, Vehicle Age Outlook (Revenue - USD Billion, 2019 - 2032)

New Vehicles
Old Vehicles

Usage Based Insurance, Vehicle Type Outlook (Revenue - USD Billion, 2019 - 2032)

Light-Duty Vehicle (LDV)
Heavy-Duty Vehicle (HDV)

Usage Based Insurance, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Australia
Rest of APAC
Latin America
Argentina
Brazil
Mexico
Rest of LA
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Rest of MEA

Product Code: PM4630

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Usage Based Insurance Market Insights

4.1. Usage Based Insurance - Industry Snapshot
4.2. Usage Based Insurance Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Exceptional benefits of usage based insurance over traditional insurance
  - 4.2.1.2. Regulatory support and a strong focus of government towards usage based insurance
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. Owing to disadvantages of usage based insurance
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTLE Analysis
4.5. Usage Based Insurance Industry Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Usage Based Insurance Market, by Policy Type

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
5.3. Pay-As-You-Drive (PAYD)
- 5.3.1. Global Usage Based Insurance Market, by Pay-As-You-Drive (PAYD), by Region, 2019-2032 (USD Billion)
5.4. Pay-How-You-Drive (PHYD)
- 5.4.1. Global Usage Based Insurance Market, by Pay-How-You-Drive (PHYD), by Region, 2019-2032 (USD Billion)
5.5. Manage-How-You-Drive (MHYD)
- 5.5.1. Global Usage Based Insurance Market, by Manage-How-You-Drive (MHYD), by Region, 2019-2032 (USD Billion)

6. Global Usage Based Insurance Market, by Technology

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
6.3. OBD (On-Board Diagnostics)-II
- 6.3.1. Global Usage Based Insurance Market, by OBD (On-Board Diagnostics)-II, by Region, 2019-2032 (USD Billion)
6.4. Smartphone
- 6.4.1. Global Usage Based Insurance Market, by Smartphone, by Region, 2019-2032 (USD Billion)
6.5. Embedded Telematics
- 6.5.1. Global Usage Based Insurance Market, by Embedded Telematics, by Region, 2019-2032 (USD Billion)
6.6. Others
- 6.6.1. Global Usage Based Insurance Market, by Others, by Region, 2019-2032 (USD Billion)

7. Global Usage Based Insurance Market, by Vehicle Age

7.1. Key Findings
7.2. Introduction
- 7.2.1. Global Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
7.3. New Vehicles
- 7.3.1. Global Usage Based Insurance Market, by New Vehicles, by Region, 2019-2032 (USD Billion)
7.4. Old Vehicles
- 7.4.1. Global Usage Based Insurance Market, by Old Vehicles, by Region, 2019-2032 (USD Billion)

8. Global Usage Based Insurance Market, by Vehicle Type

8.1. Key Findings
8.2. Introduction
- 8.2.1. Global Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
8.3. Light-Duty Vehicle (LDV)
- 8.3.1. Global Usage Based Insurance Market, by Light-Duty Vehicle (LDV), by Region, 2019-2032 (USD Billion)
8.4. Heavy-Duty Vehicle (HDV)
- 8.4.1. Global Usage Based Insurance Market, by Heavy-Duty Vehicle (HDV), by Region, 2019-2032 (USD Billion)

9. Global Usage Based Insurance Market, by Geography

9.1. Key findings
9.2. Introduction
- 9.2.1. Usage Based Insurance Market Assessment, By Geography, 2019-2032 (USD Billion)
9.3. Usage Based Insurance Market - North America
- 9.3.1. North America: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
- 9.3.2. North America: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
- 9.3.3. North America: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
- 9.3.4. North America: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
- 9.3.5. Usage Based Insurance Market - U.S.
  - 9.3.5.1. U.S.: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
  - 9.3.5.2. U.S.: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
  - 9.3.5.3. U.S.: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
  - 9.3.5.4. U.S.: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
- 9.3.6. Usage Based Insurance Market - Canada
  - 9.3.6.1. Canada: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
  - 9.3.6.2. Canada: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
  - 9.3.6.3. Canada: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
  - 9.3.6.4. Canada: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
9.4. Usage Based Insurance Market - Europe
- 9.4.1. Europe: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
- 9.4.2. Europe: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
- 9.4.3. Europe: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
- 9.4.4. Europe: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
- 9.4.5. Usage Based Insurance Market - UK
  - 9.4.5.1. UK: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
  - 9.4.5.2. UK: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
  - 9.4.5.3. UK: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
  - 9.4.5.4. UK: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
- 9.4.6. Usage Based Insurance Market - France
  - 9.4.6.1. France: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
  - 9.4.6.2. France: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
  - 9.4.6.3. France: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
  - 9.4.6.4. France: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
- 9.4.7. Usage Based Insurance Market - Germany
  - 9.4.7.1. Germany: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
  - 9.4.7.2. Germany: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
  - 9.4.7.3. Germany: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
  - 9.4.7.4. Germany: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
- 9.4.8. Usage Based Insurance Market - Italy
  - 9.4.8.1. Italy: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
  - 9.4.8.2. Italy: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
  - 9.4.8.3. Italy: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
  - 9.4.8.4. Italy: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
- 9.4.9. Usage Based Insurance Market - Spain
  - 9.4.9.1. Spain: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
  - 9.4.9.2. Spain: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
  - 9.4.9.3. Spain: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
  - 9.4.9.4. Spain: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
- 9.4.10. Usage Based Insurance Market - Netherlands
  - 9.4.10.1. Netherlands: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
  - 9.4.10.2. Netherlands: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
  - 9.4.10.3. Netherlands: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
  - 9.4.10.4. Netherlands: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
- 9.4.11. Usage Based Insurance Market - Russia
  - 9.4.11.1. Russia: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
  - 9.4.11.2. Russia.: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
  - 9.4.11.3. Russia: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
  - 9.4.11.4. Russia: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
9.5. Usage Based Insurance Market - Asia Pacific
- 9.5.1. Asia Pacific: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
- 9.5.2. Asia Pacific: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
- 9.5.3. Asia Pacific: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
- 9.5.4. Asia Pacific: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
- 9.5.5. Usage Based Insurance Market - China
  - 9.5.5.1. China: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
  - 9.5.5.2. China.: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
  - 9.5.5.3. China: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
  - 9.5.5.4. China: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
- 9.5.6. Usage Based Insurance Market - India
  - 9.5.6.1. India: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
  - 9.5.6.2. India.: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
  - 9.5.6.3. India: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
  - 9.5.6.4. India: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
- 9.5.7. Usage Based Insurance Market - Japan
  - 9.5.7.1. Japan: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
  - 9.5.7.2. Japan.: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
  - 9.5.7.3. Japan: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
  - 9.5.7.4. Japan: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
- 9.5.8. Usage Based Insurance Market - Malaysia
  - 9.5.8.1. Malaysia: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
  - 9.5.8.2. Malaysia.: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
  - 9.5.8.3. Malaysia: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
  - 9.5.8.4. Malaysia: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
- 9.5.9. Usage Based Insurance Market - Indonesia
  - 9.5.9.1. Indonesia: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
  - 9.5.9.2. Indonesia.: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
  - 9.5.9.3. Indonesia: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
  - 9.5.9.4. Indonesia: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
- 9.5.10. Usage Based Insurance Market - South Korea
  - 9.5.10.1. South Korea: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
  - 9.5.10.2. South Korea.: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
  - 9.5.10.3. South Korea: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
  - 9.5.10.4. South Korea: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
9.6. Usage Based Insurance Market - Middle East & Africa
- 9.6.1. Middle East & Africa: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
- 9.6.2. Middle East & Africa: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
- 9.6.3. Middle East & Africa: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
- 9.6.4. Middle East & Africa: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
- 9.6.5. Usage Based Insurance Market - Saudi Arabia
  - 9.6.5.1. Saudi Arabia: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
  - 9.6.5.2. Saudi Arabia: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
  - 9.6.5.3. Saudi Arabia: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
  - 9.6.5.4. Saudi Arabia: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
- 9.6.6. Usage Based Insurance Market - South Africa
  - 9.6.6.1. South Africa: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
  - 9.6.6.2. South Africa: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
  - 9.6.6.3. South Africa: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
  - 9.6.6.4. South Africa: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
- 9.6.7. Usage Based Insurance Market - Israel
  - 9.6.7.1. Israel: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
  - 9.6.7.2. Israel: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
  - 9.6.7.3. Israel: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
  - 9.6.7.4. Israel: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
- 9.6.8. Usage Based Insurance Market - UAE
  - 9.6.8.1. UAE: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
  - 9.6.8.2. UAE: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
  - 9.6.8.3. UAE: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
  - 9.6.8.4. UAE: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
9.7. Usage Based Insurance Market - Latin America
- 9.7.1. Latin America: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
- 9.7.2. Latin America: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
- 9.7.3. Latin America: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
- 9.7.4. Latin America: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
- 9.7.5. Usage Based Insurance Market - Mexico
  - 9.7.5.1. Mexico: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
  - 9.7.5.2. Mexico: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
  - 9.7.5.3. Mexico: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
  - 9.7.5.4. Mexico: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
- 9.7.6. Usage Based Insurance Market - Brazil
  - 9.7.6.1. Brazil: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
  - 9.7.6.2. Brazil: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
  - 9.7.6.3. Brazil: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
  - 9.7.6.4. Brazil: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
- 9.7.7. Usage Based Insurance Market - Argentina
  - 9.7.7.1. Argentina: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
  - 9.7.7.2. Argentina: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
  - 9.7.7.3. Argentina: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
  - 9.7.7.4. Argentina: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)

10. Competitive Landscape

10.1. Expansion and Acquisition Analysis
- 10.1.1. Expansion
- 10.1.2. Acquisitions
10.2. Partnerships/Collaborations/Agreements/Exhibitions

11. Company Profiles

11.1. Aioi Nissay Dowa Insurance UK Ltd (UK)
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Benchmarking
- 11.1.4. Recent Development
11.2. Allianz (Germany)
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Benchmarking
- 11.2.4. Recent Development
11.3. Allstate Insurance Company (U.S.)
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Benchmarking
- 11.3.4. Recent Development
11.4. Bridgestone Mobility Solutions B.V. (Netherlands)
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Benchmarking
- 11.4.4. Recent Development
11.5. Liberty Mutual Insurance (U.S.)
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Benchmarking
- 11.5.4. Recent Development
11.6. MAPFRE (Spain)
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Benchmarking
- 11.6.4. Recent Development
11.7. Progressive Casualty Insurance Company (U.S.)
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Benchmarking
- 11.7.4. Recent Development
11.8. State Farm Mutual Automobile Insurance Company (U.S.)
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Benchmarking
- 11.8.4. Recent Development
11.9. UNIPOLSAI ASSICURAZIONI S.P.A. (Italy)
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Benchmarking
- 11.9.4. Recent Development
11.10. Verisk Analytics, Inc. (U.S.)
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Benchmarking
- 11.10.4. Recent Development
11.11. Verizon (U.S.)
- 11.11.1. Company Overview
- 11.11.2. Financial Performance
- 11.11.3. Product Benchmarking
- 11.11.4. Recent Development

Product Code: PM4630

List of Tables

Table 1 Global Usage Based Insurance Market, by Policy Type, by Region, 2019-2032 (USD Billion)
Table 2 Global Usage Based Insurance Market, by Technology, by Region, 2019-2032 (USD Billion)
Table 3 Global Usage Based Insurance Market, by Vehicle Age, by Region, 2019-2032 (USD Billion)
Table 4 Global Usage Based Insurance Market, by Vehicle Type, by Region, 2019-2032 (USD Billion)
Table 5 Usage Based Insurance Market Assessment, By Geography, 2019-2032 (USD Billion)
Table 6 North America: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 7 North America: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 8 North America: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 9 North America: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 10 U.S.: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 11 U.S.: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 12 U.S.: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 13 U.S.: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 14 Canada: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 15 Canada: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 16 Canada: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 17 Canada: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 18 Europe: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 19 Europe: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 20 Europe: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 21 Europe: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 22 Germany: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 23 Germany: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 24 Germany: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 25 Germany: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 26 France: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 27 France: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 28 France: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 29 France: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 30 UK: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 31 UK: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 32 UK: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 33 UK: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 34 Italy: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 35 Italy: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 36 Italy: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 37 Italy: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 38 Netherlands: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 39 Netherlands: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 40 Netherlands: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 41 Netherlands: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 42 Spain: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 43 Spain: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 44 Spain: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 45 Spain: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 46 Russia: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 47 Russia: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 48 Russia: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 49 Russia: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 50 Asia Pacific: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 51 Asia Pacific: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 52 Asia Pacific: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 53 Asia Pacific: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 54 China: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 55 China: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 56 China: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 57 China: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 58 Japan: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 59 Japan: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 60 Japan: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 61 Japan: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 62 India: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 63 India: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 64 India: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 65 India: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 66 Indonesia: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 67 Indonesia: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 68 Indonesia: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 69 Indonesia: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 70 Malaysia: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 71 Malaysia: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 72 Malaysia: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 73 Malaysia: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 74 South Korea: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 75 South Korea: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 76 South Korea: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 77 South Korea: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 78 Latin America: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 79 Latin America: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 80 Latin America: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 81 Latin America: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 82 Brazil: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 83 Brazil: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 84 Brazil: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 85 Brazil: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 86 Mexico: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 87 Mexico: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 88 Mexico: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 89 Mexico: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 90 Argentina: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 91 Argentina: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 92 Argentina: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 93 Argentina: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 94 Middle East & Africa: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 95 Middle East & Africa: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 96 Middle East & Africa: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 97 Middle East & Africa: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 98 UAE: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 99 UAE: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 100 UAE: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 101 UAE: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 102 Saudi Arabia: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 103 Saudi Arabia: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 104 Saudi Arabia: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 105 Saudi Arabia: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 106 South Africa: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 107 South Africa: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 108 South Africa: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 109 South Africa: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)
Table 110 Israel: Usage Based Insurance Market, by Policy Type, 2019-2032 (USD Billion)
Table 111 Israel: Usage Based Insurance Market, by Technology, 2019-2032 (USD Billion)
Table 112 Israel: Usage Based Insurance Market, by Vehicle Age, 2019-2032 (USD Billion)
Table 113 Israel: Usage Based Insurance Market, by Vehicle Type, 2019-2032 (USD Billion)

List of Figures

Figure 1. Global Usage Based Insurance Market, 2019-2032 (USD Billion)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top-Down & Bottom-Up Vehicle Type
Figure 4. Market by Geography
Figure 5. Porter's Five Forces
Figure 6. Market by Policy Type
Figure 7. Global Usage Based Insurance Market, by Policy Type, 2021 & 2030 (USD Billion)
Figure 8. Market by Vehicle Type
Figure 9. Global Usage Based Insurance Market, by Vehicle Type, 2021 & 2030 (USD Billion)
Figure 10. Market by Technology
Figure 11. Global Usage Based Insurance Market, by Technology, 2021 & 2030 (USD Billion)
Figure 12. Market by Vehicle Age
Figure 13. Global Usage Based Insurance Market, by Vehicle Age, 2021 & 2030 (USD Billion)

Usage Based Insurance Market Share, Size, Trends, Industry Analysis Report, By Policy Type (Pay-As-You-Drive (PAYD), Pay-How-You-Drive (PHYD), and Manage-How-You-Drive (MHYD)); By Technology; By Region; Segment Forecast, 2024- 2032

Description

Table of Contents

List of Tables

Usage Based Insurance Market Report Highlights

Usage Based Insurance, Policy Type Outlook (Revenue - USD Billion, 2019 - 2032)

Usage Based Insurance, Technology Outlook (Revenue - USD Billion, 2019 - 2032)

Usage Based Insurance, Vehicle Age Outlook (Revenue - USD Billion, 2019 - 2032)

Usage Based Insurance, Vehicle Type Outlook (Revenue - USD Billion, 2019 - 2032)

Usage Based Insurance, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

Table of Contents

1. Introduction

2. Executive Summary

3. Research Methodology

4. Global Usage Based Insurance Market Insights

5. Global Usage Based Insurance Market, by Policy Type

6. Global Usage Based Insurance Market, by Technology

7. Global Usage Based Insurance Market, by Vehicle Age

8. Global Usage Based Insurance Market, by Vehicle Type

9. Global Usage Based Insurance Market, by Geography

10. Competitive Landscape

11. Company Profiles

List of Tables

List of Figures