Global Usage Based Insurance Market- Industry Trends and Forecast to 2026

TABLE OF CONTENTS

1 INTRODUCTION 23

• 1.1 OBJECTIVES OF THE STUDY 23
• 1.2 MARKET DEFINITION 23
• 1.3 OVERVIEW OF GLOBAL USAGE-BASED INSURANCE MARKET 23
• 1.4 CURRENCY AND PRICING 24
• 1.5 LIMITATION 24
• 1.6 MARKETS COVERED 25

2 MARKET SEGMENTATION 27

• 2.1 MARKETS COVERED 27
• 2.2 GEOGRAPHIC SCOPE 28
• 2.3 YEAR CONSIDERED FOR THE STUDY 29
• 2.4 CURRENCY AND PRICING 29
• 2.5 RESEARCH METHODOLOGY 30
• 2.6 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 33
• 2.7 DBMR MARKET POSITION GRID 34
• 2.8 DBMR MARKET CHALLENGE MATRIX 35
• 2.9 DBMR MARKET TIMELINE 36
• 2.10 DBMR MULTIVARIATE MODEL 36
• 2.11 DBMR VENDOR SHARE ANALYSIS 37
• 2.12 SECONDARY SOURCES 38
• 2.13 ASSUMPTIONS 38

3 MARKET OVERVIEW 39

• 3.1 DRIVERS 41
  • 3.1.1 ACCURATE AND FREQUENT DATA COLLECTION OF VEHICLE/ DRIVER’S BEHAVIOR 41
  • 3.1.2 RISING ADOPTION OF TELEMATICS TECHNOLOGY IN VEHICLES 42
  • 3.1.3 INCREASING DEMAND FOR CONNECTED CARS 42
• 3.2 RESTRAINT 43
  • 3.2.1 DATA PRIVACY CONCERN 43
• 3.3 OPPORTUNITIES 43
  • 3.3.1 INCREASING CONCERN REGARDING DRIVER SAFETY 43
  • 3.3.2 ADAVANCEMNT IN AUTOMOTIVE TECHNOLOGY LIKE ELECTRIC CARS 44
• 3.4 CHALLENGE 44
  • 3.4.1 HIGH COSTING INVOLVED 44

4 EXECUTIVE SUMMARY 45

5 PREMIUM INSIGHTS 48

• 5.1 SECONDARY SOURCES 49
• 5.2 ASSUMPTIONS 49
• 5.3 INDUSTRY INSIGHTS 52

6 GLOBAL USAGE-BASED INSURANCE MARKET, BY PACKAGE TYPE 53

• 6.1 OVERVIEW 54
  • 6.1.1 PAY-AS-YOU-DRIVE (PAYD) 55
  • 6.1.2 PAY-HOW-YOU-DRIVE (PHYD) 56
  • 6.1.3 MANAGE-HOW-YOU-DRIVE (MHYD) 56

7 GLOBAL USAGE-BASED INSURANCE MARKET, BY VEHICLE TYPE 57

• 7.1 OVERVIEW 58
  • 7.1.1 LIGHT DUTY VEHICLE (LDV) 59
  • 7.1.2 HEAVY DUTY VEHICLE (HDV) 59

8 GLOBAL USAGE-BASED INSURANCE MARKET, BY DEVICE OFFERING 60

• 8.1 OVERVIEW 61
  • 8.1.1 BRING YOUR OWN DEVICE 63
  • 8.1.2 COMPANY PROVIDED 63

9 GLOBAL USAGE- BASED INSURANCE MARKET, BY TECHNOLOGY 64

• 9.1 OVERVIEW 65
  • 9.1.1 EMBEDDED SYSTEM 66
  • 9.1.2 SMARTPHONE 67
  • 9.1.3 BLACK BOX 67
  • 9.1.4 OBD-II 68
  • 9.1.5 OTHERS 68

10 GLOBAL USAGE-BASED INSURANCE MARKET, BY VEHICLE AGE 69

• 10.1 OVERVIEW 70
  • 10.1.1 ON-ROAD VEHICLES 71
  • 10.1.2 NEW VEHICLES 71

11 GLOBAL USAGE-BASED INSURANCE MARKET, BY ELECTRIC AND HYBRID VEHICLE 72

• 11.1 OVERVIEW 73
  • 11.1.1 BATTERY ELECTRIC VEHICLE (BEV) 74
  • 11.1.2 PLUG-IN HYBRID VEHICLE (PHEV) 74
  • 11.1.3 HYBRID ELECTRIC VEHICLE (HEV) 75

12 GLOBAL USAGE-BASED INSURANCE MARKET, BY GEOGRAPHY 76

• 12.1 OVERVIEW 77
• 12.2 NORTH AMERICA 83
  • 12.2.1 U.S. 90
  • 12.2.2 CANADA 92
  • 12.2.3 MEXICO 94
• 12.3 EUROPE 96
  • 12.3.1 U.K. 103
  • 12.3.2 GERMANY 105
  • 12.3.3 FRANCE 107
  • 12.3.4 ITALY 109
  • 12.3.5 SPAIN 111
  • 12.3.6 TURKEY 113
  • 12.3.7 RUSSIA 115
  • 12.3.8 BELGIUM 117
  • 12.3.9 THE NETHERLANDS 119
  • 12.3.10 SWITZERLAND 121
  • 12.3.11 REST OF EUROPE 123
• 12.4 ASIA-PACIFIC 124
  • 12.4.1 JAPAN 131
  • 12.4.2 CHINA 133
  • 12.4.3 SOUTH KOREA 135
  • 12.4.4 INDIA 137
  • 12.4.5 SINGAPORE 139
  • 12.4.6 THAILAND 141
  • 12.4.7 MALAYSIA 143
  • 12.4.8 AUSTRALIA 145
  • 12.4.9 INDONESIA 147
  • 12.4.10 PHILIPPINES 149
  • 12.4.11 REST OF ASIA-PACIFIC 151
• 12.5 SOUTH AMERICA 152
  • 12.5.1 BRAZIL 159
  • 12.5.2 REST OF SOUTH AMERICA 161
• 12.6 MIDDLE EAST AND AFRICA 162
  • 12.6.1 SOUTH AFRICA 169
  • 12.6.2 REST OF MIDDLE EAST AND AFRICA 171

13 GLOBAL USAGE-BASED INSURANCE MARKET, COMPANY LANDSCAPE 172

• 13.1 COMPANY SHARE ANALYSIS: GLOBAL 172
• 13.2 COMPANY SHARE ANALYSIS: NORTH AMERICA 173
• 13.3 COMPANY SHARE ANALYSIS: EUROPE 174
• 13.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 175

14 COMPANY PROFILES 176

• 14.1 INTELLIGENT MECHATRONIC SYSTEMS INC. 176
  • 14.1.1 COMPANY SNAPSHOT 176
  • 14.1.2 GEOGRAPHICAL PRESENCE 176
  • 14.1.3 SERVICE PORTFOLIO 177
  • 14.1.4 RECENT DEVELOPMENT 177
• 14.2 TRUEMOTION 178
  • 14.2.1 COMPANY SNAPSHOT 178
  • 14.2.2 SERVICE PORTFOLIO 178
  • 14.2.3 RECENT DEVELOPMENT 178
• 14.3 CAMBRIDGE MOBILE TELEMATICS 179
  • 14.3.1 COMPANY SNAPSHOT 179
  • 14.3.2 SERVICE PORTFOLIO 179
  • 14.3.3 RECENT DEVELOPMENTS 179
• 14.4 INSURE THE BOX LIMITED 180
  • 14.4.1 COMPANY SNAPSHOT 180
  • 14.4.2 SERVICE PORTFOLIO 180
  • 14.4.3 RECENT DEVELOPMENTS 180
• 14.5 PROGRESSIVE CASUALTY INSURANCE COMPANY 181
  • 14.5.1 COMPANY SNAPSHOT 181
  • 14.5.2 REVENUE ANALYSIS 181
  • 14.5.3 SERVICE PORTFOLIO 182
  • 14.5.4 RECENT DEVELOPMENT 182
• 14.6 MODUS GROUP, LLC. 183
  • 14.6.1 COMPANY SNAPSHOT 183
  • 14.6.2 SERVICE PORTFOLIO 183
  • 14.6.3 RECENT DEVELOPMENT 183
• 14.7 INSEEGO CORP 184
  • 14.7.1 COMPANY SNAPSHOT 184
  • 14.7.2 REVENUE ANALYSIS 184
  • 14.7.1 SERVICE PORTFOLIO 185
  • 14.7.2 RECENT DEVELOPMENTS 185
• 14.8 METROMILE INC. 186
  • 14.8.1 COMPANY SNAPSHOT 186
  • 14.8.2 SERVICE PORTFOLIO 186
  • 14.8.3 RECENT DEVELOPMENTS 186
• 14.9 THE FLOOW LIMITED 187
  • 14.9.1 COMPANY SNAPSHOT 187
  • 14.9.2 GEOGRAPHICAL PRESENCE 187
  • 14.9.3 SERVICE PORTFOLIO 188
  • 14.9.4 RECENT DEVELOPMENTS 188
• 14.10 VODAFONE 189
  • 14.10.1 COMPANY SNAPSHOT 189
  • 14.10.2 REVENUE ANALYSIS 189
  • 14.10.3 SERVICE PORTFOLIO 190
  • 14.10.4 RECENT DEVELOPMENTS 190
• 14.11 ALLSTATE 191
  • 14.11.1 COMPANY SNAPSHOT 191
  • 14.11.2 REVENUE ANALYSIS 191
  • 14.11.3 SERVICE PORTFOLIO 192
  • 14.11.4 RECENT DEVELOPMENTS 192
• 14.12 OCTO TELEMATICS 193
  • 14.12.1 COMPANY SNAPSHOT 193
  • 14.12.2 GEOGRAPHICAL PRESENCE 193
  • 14.12.3 SERVICE PORTFOLIO 194
  • 14.12.4 RECENT DEVELOPMENTS 194
• 14.13 TOMTOM 195
  • 14.13.1 COMPANY SNAPSHOT 195
  • 14.13.2 REVENUE ANALYSIS 195
  • 14.13.3 SERVICE PORTFOLIO 196
  • 14.13.4 RECENT DEVELOPMENTS 196
• 14.14 ALLIANZ 197
  • 14.14.1 COMPANY SNAPSHOT 197
  • 14.14.2 REVENUE ANALYSIS 197
  • 14.14.3 SERVICE PORTFOLIO 198
  • 14.14.4 RECENT DEVELOPMENT 198
• 14.15 AXA 199
  • 14.15.1 COMPANY SNAPSHOT 199
  • 14.15.2 REVENUE ANALYSIS 199
  • 14.15.3 SERVICE PORTFOLIO 200
  • 14.15.4 RECENT DEVELOPMENTS 200
• 14.16 LIBERTY MUTUAL 201
  • 14.16.1 COMPANY SNAPSHOT 201
  • 14.16.2 REVENUE ANALYSIS 201
  • 14.16.3 SERVICE PORTFOLIO 202
  • 14.16.4 RECENT DEVELOPMENTS 202
• 14.17 VERIZON 203
  • 14.17.1 COMPANY SNAPSHOT 203
  • 14.17.2 REVENUE ANALYSIS 203
  • 14.17.3 SERVICE PORTFOLIO 204
  • 14.17.4 RECENT DEVELOPMENTS 204
• 14.18 SIERRA WIRELESS 205
  • 14.18.1 COMPANY SNAPSHOT 205
  • 14.18.2 REVENUE ANALYSIS 205
  • 14.18.3 SERVICE PORTFOLIO 206
  • 14.18.4 RECENT DEVELOPMENTS 206
• 14.19 MAPFRE 207
  • 14.19.1 COMPANY SNAPSHOT 207
  • 14.19.2 REVENUE ANALYSIS 207
  • 14.19.3 SERVICE PORTFOLIO 208
  • 14.19.4 RECENT DEVELOPMENTS 208
• 14.20 MOVITRACK VIASAT 209
  • 14.20.1 COMPANY SNAPSHOT 209
  • 14.20.2 SERVICE PORTFOLIO 210
  • 14.20.3 RECENT DEVELOPMENTS 210
• 14.21 ASSICURAZIONI GENERALI 211
  • 14.21.1 COMPANY SNAP SHOT 211
  • 14.21.2 REVENUE ANALYSIS 211
  • 14.21.3 SERVICE PORTFOLIO 212
  • 14.21.4 RECENT DEVELOPMENTS 212
• 14.22 UNIPOLSAI ASSICURAZIONI 213
  • 14.22.1 COMPANY SNAPSHOT 213
  • 14.22.2 REVENUE ANALYSIS 213
  • 14.22.3 SERVICE PORTFOLIO 214
  • 14.22.4 RECENT DEVELOPMENTS 214

15 QUESTIONNAIRE 215

16 RELATED REPORTS 218