Global and United States Automotive Usage Based Insurance Market Report & Forecast 2024-2034
Published on: 2024-01-04 | No of Pages : 400 | Industry : Software
Publisher : MRA | Format : PDF
Global and United States Automotive Usage Based Insurance Market Report & Forecast 2024-2034
Usage-based insurance (UBI), also known as pay as you drive (PAYD), pay how you drive (PHYD) and mile-based auto insurance, is a type of vehicle insurance whereby the costs are dependent upon type of vehicle used, measured against time, distance, behavior and place.The company uses a telematics device — such as a plug-in device or mobile application — to track factors like your mileage and speed. If you’re a safe driver, usage-based insurance could lower your auto insurance policy rates.
Market Analysis and InsightsGlobal and United States Automotive Usage Based Insurance Market
This report focuses on global and United States Automotive Usage Based Insurance market, also covers the segmentation data of other regions in regional level and county level.
The global Automotive Usage Based Insurance revenue was US$ 19600 million in 2023 and is forecast to a readjusted size of US$ 108880 million by 2033 with a CAGR of 25.2% during the review period (2023-2033).
In United States the Automotive Usage Based Insurance revenue is expected to grow from US$ million in 2023 to US$ million by 2033, at a CAGR of % during the forecast period 2023-2033.
The global key players of Automotive Usage Based Insurance include Allstate Insurance Company, Esurance, Credit Karma,LLC, DriveSense, Liberty Mutual, Metromile, Progressive, State Farm and The Travelers Indemnity Company, etc. The global five biggest players hold a share of % in 2023.
Global Automotive Usage Based Insurance Scope and Market Size
Automotive Usage Based Insurance market is segmented in regional and country level, by players, by Type and by Application. Companies, stakeholders, and other participants in the global Automotive Usage Based Insurance market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2018-2033.
For United States market, this report focuses on the Automotive Usage Based Insurance market size by players, by Type and by Application, for the period 2018-2033. The key players include the global and local players, which play important roles in United States.
Allstate Insurance Company
Esurance
Credit Karma,LLC
DriveSense
Liberty Mutual
Metromile
Progressive
State Farm
The Travelers Indemnity Company
AXA
Assicurazioni Generali
Desjardins Group
Segment by Type
PAYD (Pay As You Drive)
PHYD (Pay How You Drive)
Commercial Vehicle
Passenger Car
By Region
Americas
United States
Canada
Mexico
Brazil
China
APAC (excluding China)
Japan
South Korea
China Taiwan
ASEAN
India
EMEA
Europe
Middle East
Africa
Chapter 1Introduces Automotive Usage Based Insurance definition, global market size, United States market size, United States percentage in global market. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 2Provides the analysis of various market segments by type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3Provides the analysis of various market segments by application, covering the revenue and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4Detailed analysis of Automotive Usage Based Insurance companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger and acquisition information, etc.
Chapter 5Revenue of Automotive Usage Based Insurance in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space of each country in the world.
Chapter 6Americas by type, by application and by country revenue for each segment.
Chapter 7EMEA by type, by application and by region, revenue for each segment.
Chapter 8China by type, by application revenue for each segment.
Chapter 9APAC (excluding China) by type, by application and by region, revenue for each segment.
Chapter 10Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Automotive Usage Based Insurance revenue, gross margin and recent development, etc.
Chapter 11Analyst's Viewpoints/Conclusions
Market Analysis and InsightsGlobal and United States Automotive Usage Based Insurance Market
This report focuses on global and United States Automotive Usage Based Insurance market, also covers the segmentation data of other regions in regional level and county level.
The global Automotive Usage Based Insurance revenue was US$ 19600 million in 2023 and is forecast to a readjusted size of US$ 108880 million by 2033 with a CAGR of 25.2% during the review period (2023-2033).
In United States the Automotive Usage Based Insurance revenue is expected to grow from US$ million in 2023 to US$ million by 2033, at a CAGR of % during the forecast period 2023-2033.
The global key players of Automotive Usage Based Insurance include Allstate Insurance Company, Esurance, Credit Karma,LLC, DriveSense, Liberty Mutual, Metromile, Progressive, State Farm and The Travelers Indemnity Company, etc. The global five biggest players hold a share of % in 2023.
Global Automotive Usage Based Insurance Scope and Market Size
Automotive Usage Based Insurance market is segmented in regional and country level, by players, by Type and by Application. Companies, stakeholders, and other participants in the global Automotive Usage Based Insurance market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2018-2033.
For United States market, this report focuses on the Automotive Usage Based Insurance market size by players, by Type and by Application, for the period 2018-2033. The key players include the global and local players, which play important roles in United States.
By Company
Allstate Insurance Company
Esurance
Credit Karma,LLC
DriveSense
Liberty Mutual
Metromile
Progressive
State Farm
The Travelers Indemnity Company
AXA
Assicurazioni Generali
Desjardins Group
Segment by Type
PAYD (Pay As You Drive)
PHYD (Pay How You Drive)
Segment by Application
Commercial Vehicle
Passenger Car
By Region
Americas
United States
Canada
Mexico
Brazil
China
APAC (excluding China)
Japan
South Korea
China Taiwan
ASEAN
India
EMEA
Europe
Middle East
Africa
Chapter Introduction
Chapter 1Introduces Automotive Usage Based Insurance definition, global market size, United States market size, United States percentage in global market. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 2Provides the analysis of various market segments by type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3Provides the analysis of various market segments by application, covering the revenue and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4Detailed analysis of Automotive Usage Based Insurance companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger and acquisition information, etc.
Chapter 5Revenue of Automotive Usage Based Insurance in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space of each country in the world.
Chapter 6Americas by type, by application and by country revenue for each segment.
Chapter 7EMEA by type, by application and by region, revenue for each segment.
Chapter 8China by type, by application revenue for each segment.
Chapter 9APAC (excluding China) by type, by application and by region, revenue for each segment.
Chapter 10Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Automotive Usage Based Insurance revenue, gross margin and recent development, etc.
Chapter 11Analyst's Viewpoints/Conclusions
Electronic and Semiconductor
Food and Beverages
Chemicals and Materials
Consumer Goods
Construction Manufacturing
Aerospace and Defence
Energy and Power
ICT Media
Banking and Finance
Automotive and Transportation
Machinery and Equipments
Pharmaceutical and Healthcare
Medical Devices