EXECUTIVE ENGAGEMENTS
OUTREACH
2203
Number of executives repeatedly engaged by snail & email outreach
INTERACTIONS
397
Interactions with Platform & by Email
PARTICIPANTS
66
Unique # Participated
VALIDATIONS
31
Responses Validated*
COMPETITORS
41
Responses Validated*
BRANDS
113
Responses Validated*
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DATE
APR 2021
TABLES
74
PAGES
145
EDITION
5
PRICE
USD $4950
HIGHLIGHTS
Amid the COVID-19 crisis, the global market for Usage-based Insurance estimated at US$33.1 Billion in the year 2020, is projected to reach a revised size of US$110.2 Billion by 2027, growing at a CAGR of 18.7% over the analysis period 2020-2027. PAYD, one of the segments analyzed in the report, is projected to record a 18.4% CAGR and reach US$47.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the PHYD segment is readjusted to a revised 17.7% CAGR for the next 7-year period.
The Usage-based Insurance market in the U.S. is estimated at US$9.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$19 Billion by the year 2027 trailing a CAGR of 18% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.7% and 16.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.8% CAGR.
In the global MHYD segment, USA, Canada, Japan, China and Europe will drive the 20.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$6.7 Billion in the year 2020 will reach a projected size of US$24.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$13.4 Billion by the year 2027.
SELECT PLAYERS
Allianz SE; Allstate Insurance Company; Cambridge Mobile Telematics; Inseego Corporation; insurethebox; Intelligent Mechatronic Systems, Inc.; Liberty Mutual Insurance; Mapfre; Modus Group; Octo Telematics Ltd.; Progressive Corporation; Sierra Wireless, Inc.; The Floow Ltd.; TomTom International BV; TrueMotion; Unipolsai Assicurazioni S.P.A.; Verizon Enterprise Solutions; Vodafone Group PLC
SEGMENTS
» Package (PAYD, PHYD, MHYD) » Technology (OBD-II, Smartphone, Embedded System, Black Box, Other Technologies)
GEOGRAPHIES
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World
TABLE OF CONTENTS
| I. METHODOLOGY |
| II. EXECUTIVE SUMMARY |
| 1. MARKET OVERVIEW |
| Influencer Market Insights |
| World Market Trajectories |
| Impact of Covid-19 and a Looming Global Recession |
| 2. FOCUS ON SELECT PLAYERS |
| 3. MARKET TRENDS & DRIVERS |
| 4. GLOBAL MARKET PERSPECTIVE |
| World Current & Future Analysis for Usage-based Insurance by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Usage-based Insurance by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027 |
| World Current & Future Analysis for PAYD by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for PAYD by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for PHYD by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for PHYD by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for MHYD by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for MHYD by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for OBD-II by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for OBD-II by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for Smartphone by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Smartphone by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for Embedded System by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Embedded System by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for Black Box by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Black Box by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for Other Technologies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Other Technologies by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| III. MARKET ANALYSIS |
| UNITED STATES |
| USA Current & Future Analysis for Usage-based Insurance by Package - PAYD, PHYD and MHYD - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| USA 7-Year Perspective for Usage-based Insurance by Package - Percentage Breakdown of Value Sales for PAYD, PHYD and MHYD for the Years 2020 & 2027 |
| USA Current & Future Analysis for Usage-based Insurance by Technology - OBD-II, Smartphone, Embedded System, Black Box and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| USA 7-Year Perspective for Usage-based Insurance by Technology - Percentage Breakdown of Value Sales for OBD-II, Smartphone, Embedded System, Black Box and Other Technologies for the Years 2020 & 2027 |
| CANADA |
| Canada Current & Future Analysis for Usage-based Insurance by Package - PAYD, PHYD and MHYD - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Canada 7-Year Perspective for Usage-based Insurance by Package - Percentage Breakdown of Value Sales for PAYD, PHYD and MHYD for the Years 2020 & 2027 |
| Canada Current & Future Analysis for Usage-based Insurance by Technology - OBD-II, Smartphone, Embedded System, Black Box and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Canada 7-Year Perspective for Usage-based Insurance by Technology - Percentage Breakdown of Value Sales for OBD-II, Smartphone, Embedded System, Black Box and Other Technologies for the Years 2020 & 2027 |
| JAPAN |
| Japan Current & Future Analysis for Usage-based Insurance by Package - PAYD, PHYD and MHYD - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Japan 7-Year Perspective for Usage-based Insurance by Package - Percentage Breakdown of Value Sales for PAYD, PHYD and MHYD for the Years 2020 & 2027 |
| Japan Current & Future Analysis for Usage-based Insurance by Technology - OBD-II, Smartphone, Embedded System, Black Box and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Japan 7-Year Perspective for Usage-based Insurance by Technology - Percentage Breakdown of Value Sales for OBD-II, Smartphone, Embedded System, Black Box and Other Technologies for the Years 2020 & 2027 |
| CHINA |
| China Current & Future Analysis for Usage-based Insurance by Package - PAYD, PHYD and MHYD - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| China 7-Year Perspective for Usage-based Insurance by Package - Percentage Breakdown of Value Sales for PAYD, PHYD and MHYD for the Years 2020 & 2027 |
| China Current & Future Analysis for Usage-based Insurance by Technology - OBD-II, Smartphone, Embedded System, Black Box and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| China 7-Year Perspective for Usage-based Insurance by Technology - Percentage Breakdown of Value Sales for OBD-II, Smartphone, Embedded System, Black Box and Other Technologies for the Years 2020 & 2027 |
| EUROPE |
| Europe Current & Future Analysis for Usage-based Insurance by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| Europe 7-Year Perspective for Usage-based Insurance by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027 |
| Europe Current & Future Analysis for Usage-based Insurance by Package - PAYD, PHYD and MHYD - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Europe 7-Year Perspective for Usage-based Insurance by Package - Percentage Breakdown of Value Sales for PAYD, PHYD and MHYD for the Years 2020 & 2027 |
| Europe Current & Future Analysis for Usage-based Insurance by Technology - OBD-II, Smartphone, Embedded System, Black Box and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Europe 7-Year Perspective for Usage-based Insurance by Technology - Percentage Breakdown of Value Sales for OBD-II, Smartphone, Embedded System, Black Box and Other Technologies for the Years 2020 & 2027 |
| FRANCE |
| France Current & Future Analysis for Usage-based Insurance by Package - PAYD, PHYD and MHYD - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| France 7-Year Perspective for Usage-based Insurance by Package - Percentage Breakdown of Value Sales for PAYD, PHYD and MHYD for the Years 2020 & 2027 |
| France Current & Future Analysis for Usage-based Insurance by Technology - OBD-II, Smartphone, Embedded System, Black Box and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| France 7-Year Perspective for Usage-based Insurance by Technology - Percentage Breakdown of Value Sales for OBD-II, Smartphone, Embedded System, Black Box and Other Technologies for the Years 2020 & 2027 |
| GERMANY |
| Germany Current & Future Analysis for Usage-based Insurance by Package - PAYD, PHYD and MHYD - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Germany 7-Year Perspective for Usage-based Insurance by Package - Percentage Breakdown of Value Sales for PAYD, PHYD and MHYD for the Years 2020 & 2027 |
| Germany Current & Future Analysis for Usage-based Insurance by Technology - OBD-II, Smartphone, Embedded System, Black Box and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Germany 7-Year Perspective for Usage-based Insurance by Technology - Percentage Breakdown of Value Sales for OBD-II, Smartphone, Embedded System, Black Box and Other Technologies for the Years 2020 & 2027 |
| ITALY |
| Italy Current & Future Analysis for Usage-based Insurance by Package - PAYD, PHYD and MHYD - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Italy 7-Year Perspective for Usage-based Insurance by Package - Percentage Breakdown of Value Sales for PAYD, PHYD and MHYD for the Years 2020 & 2027 |
| Italy Current & Future Analysis for Usage-based Insurance by Technology - OBD-II, Smartphone, Embedded System, Black Box and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Italy 7-Year Perspective for Usage-based Insurance by Technology - Percentage Breakdown of Value Sales for OBD-II, Smartphone, Embedded System, Black Box and Other Technologies for the Years 2020 & 2027 |
| UNITED KINGDOM |
| UK Current & Future Analysis for Usage-based Insurance by Package - PAYD, PHYD and MHYD - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| UK 7-Year Perspective for Usage-based Insurance by Package - Percentage Breakdown of Value Sales for PAYD, PHYD and MHYD for the Years 2020 & 2027 |
| UK Current & Future Analysis for Usage-based Insurance by Technology - OBD-II, Smartphone, Embedded System, Black Box and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| UK 7-Year Perspective for Usage-based Insurance by Technology - Percentage Breakdown of Value Sales for OBD-II, Smartphone, Embedded System, Black Box and Other Technologies for the Years 2020 & 2027 |
| REST OF EUROPE |
| Rest of Europe Current & Future Analysis for Usage-based Insurance by Package - PAYD, PHYD and MHYD - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Rest of Europe 7-Year Perspective for Usage-based Insurance by Package - Percentage Breakdown of Value Sales for PAYD, PHYD and MHYD for the Years 2020 & 2027 |
| Rest of Europe Current & Future Analysis for Usage-based Insurance by Technology - OBD-II, Smartphone, Embedded System, Black Box and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Rest of Europe 7-Year Perspective for Usage-based Insurance by Technology - Percentage Breakdown of Value Sales for OBD-II, Smartphone, Embedded System, Black Box and Other Technologies for the Years 2020 & 2027 |
| ASIA-PACIFIC |
| Asia-Pacific Current & Future Analysis for Usage-based Insurance by Package - PAYD, PHYD and MHYD - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Asia-Pacific 7-Year Perspective for Usage-based Insurance by Package - Percentage Breakdown of Value Sales for PAYD, PHYD and MHYD for the Years 2020 & 2027 |
| Asia-Pacific Current & Future Analysis for Usage-based Insurance by Technology - OBD-II, Smartphone, Embedded System, Black Box and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Asia-Pacific 7-Year Perspective for Usage-based Insurance by Technology - Percentage Breakdown of Value Sales for OBD-II, Smartphone, Embedded System, Black Box and Other Technologies for the Years 2020 & 2027 |
| REST OF WORLD |
| Rest of World Current & Future Analysis for Usage-based Insurance by Package - PAYD, PHYD and MHYD - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Rest of World 7-Year Perspective for Usage-based Insurance by Package - Percentage Breakdown of Value Sales for PAYD, PHYD and MHYD for the Years 2020 & 2027 |
| Rest of World Current & Future Analysis for Usage-based Insurance by Technology - OBD-II, Smartphone, Embedded System, Black Box and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Rest of World 7-Year Perspective for Usage-based Insurance by Technology - Percentage Breakdown of Value Sales for OBD-II, Smartphone, Embedded System, Black Box and Other Technologies for the Years 2020 & 2027 |
| IV. COMPETITION |
| Total Companies Profiled: 41 |
It Pays to Understand the Dynamics of Competition in Your Business Ecosystem.
Who Are Your Competitors in the Usage-based Insurance Market?
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