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The telematics in insurance industry market is forecasted to grow by USD 4.34 billion during 2023-2028, accelerating at a CAGR of 20.6% during the forecast period. The report on the telematics in insurance industry market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by cost savings due to adoption of telematics-enabled ubi, increasing growth in smartphone penetration, and government initiatives encouraging use of telematics.
The telematics in insurance industry market is segmented as below:
By Deployment
- On-premises
- Cloud
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the telematics in insurance industry market covers the following areas:
- Telematics In Insurance Industry Market sizing
- Telematics In Insurance Industry Market forecast
- Telematics In Insurance Industry Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Deployment
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global telematics in insurance industry market: Admiral Group plc, Agero Inc., Aplicom Ltd., Aviva insurance Ltd., AXA Group, Insurance and Mobility Solutions, Masternaut Ltd., Mercedes Benz Group AG, Meta System S.p.A, MiX Telematics Ltd., OCTO Telematics S.p.A, Sierra Wireless Inc., The Allstate Corp., TomTom NV, Trimble Inc., Verizon Communications Inc., and Zurich Insurance Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is optimized customer communication with insurance telematics."
According to the report, one of the major drivers for this market is the cost savings due to adoption of telematics-enabled ubi.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Admiral Group plc
- Agero Inc.
- Aplicom Ltd.
- Aviva insurance Ltd.
- AXA Group
- Insurance and Mobility Solutions
- Masternaut Ltd.
- Mercedes Benz Group AG
- Meta System S.p.A
- MiX Telematics Ltd.
- OCTO Telematics S.p.A
- Sierra Wireless Inc.
- The Allstate Corp.
- TomTom NV
- Trimble Inc.
- Verizon Communications Inc.
- Zurich Insurance Co. Ltd.
