Usage-Based Insurance Market 2022 – By Vehicle Type (Light-Duty Vehicle (LDV), Heavy-Duty Vehicle (HDV)), By Technology (On-Board Diagnostic (OBD)-II-Based UBI Programs, Smartphone-Based UBI Programs, Black-Box-Based UBI Programs, Other Technologies), By Package Type (Pay-As-You-Drive (PAYD), Pay-How-You-Drive (PHYD), Manage-How-You-Drive (MHYD)), And By Region, Opportunities And Strategies – Global Forecast To 2031

Usage-Based Insurance Global Market Opportunities And Strategies To 2031

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Usage-Based Insurance Market Definition

The usage-based insurance (UBI) market consists of sales of usage-based insurance services by entities (organizations, sole traders, and partnerships) that provide automobile insurance policy to calculate premium based on the usage of the vehicle or driving behavior by using monitoring devices. UBI is powered by telematics technology, which is accessible in vehicles via a plug-in device or pre-installed in the car system.  UBI can also be accessed via mobile apps to deliver insurers with a variety of data, including how far vehicle is driven, how it is driven, and where it is driven.

Usage-Based Insurance Market Size

The global usage-based insurance market size reached a value of nearly $28,845.1 million in 2021, having grown at a compound annual growth rate (CAGR) of 13.6% since 2016. The global usage-based insurance market size is expected to grow from $28,845.1 million in 2021 to $110,130.1 million in 2026 at a rate of 30.7%. The global usage-based insurance market size is then expected to grow at a CAGR of 20.7% from 2026 and reach $281,966.0 million in 2031.    

Growth in the historic period resulted from growth in vehicle ownership, increasing occurrences of vehicle theft, robust demand for passenger car sales, and high adoption of connected cars. The market was restrained by low insurance penetration in developing countries and a lack of awareness.

Going forward, growing automotive industry, growing demand for electric vehicles, increasing concerns about vehicle safety, and rapid use of usage-based insurance by insurance companies to improve profitability. Factors that could hinder the growth of the usage-based insurance market in the future include additional charges by insurance brokers.

Usage-Based Insurance Market Drivers

The key drivers of the usage-based insurance market include:

Growing Automotive Industry

  • The growing global automotive industry is expected to be the key driver of the usage-based insurance market.
  • Usage-based insurance policies are basically motor insurances. They offer lower insurance premiums, as compared to other automotive insurance.
  • According to McKinsey, overall global car sales will continue to grow at an annual rate of around 2% by 2030. Also, according to the India Brand Equity Foundation, an Indian Government export promotion agency, the automotive industry in India is expected to reach $251.4-282.8 billion by 2026.
  • This growth in the automotive industry will drive the usage-based insurance market in the forecast period.
  • Usage-Based Insurance Market Restraints

    The key restraints on the usage-based insurance market include:

    Additional Charges By Insurance Brokers

  • The additional charges the client needs to pay to the brokers or agents while purchasing any insurance policy in addition to the premium act as a restraint on the market.
  • A brokerage fee or agent’s commission is a fee charged by a broker or agent to execute transactions or provide specialized services. Brokers and agents charge fees for services such as purchases, sales, consultations, negotiations and delivery.
  • The standard commission for full-service brokers is between 1% to 2% of a client’s managed assets. So the additional charges to clients, in the form of a commission or fee while purchasing the insurance policy, limit the demand for usage-based insurance.
  • Usage-Based Insurance Market Trends

    Major trends influencing the usage-based insurance market include:

    Connected Platform For Usage-Based Insurance

  • Companies in the usage-based insurance market are investing significantly in connected technologies. Connected technology is a type of technology which can connect devices with each other and other systems via the internet.
  • The companies operating in the usage-based insurance market are focusing on connected technologies to provide better products and services to their customers.
  • For instance, in April 2022, By Miles, a UK-based car insurance startup, launched the By Miles Connect platform that will allow connected cars drivers to their connect insurance policy to the company directly from the car. The information about the distance driven will be taken directly via the cloud platform installed in the vehicles to price insurance.
  • Smartphone-Based Telematics Platform

  • Smartphone-based telematics platform are the key trends gaining popularity in the usage-based insurance market.
  • The usage-based insurance market players are coming up with innovative smartphone technology-based telematics platform to meet customer’s needs.
  • For instance, in September 2019, Zurich Insurance Company Ltd., Switzerland-based insurance company, and Driveway Software, a US-based telematics company, launched a smartphone-based telematics platform to power mobile experiences with driving insights, connected services and safety solutions. The platform allows Zurich’s policyholders to save on their insurance pricing and they may win prizes for demonstrating safe driving.
  • Opportunities And Recommendations In The Usage-Based Insurance Market

    Opportunities –The top opportunities in the usage-based insurance global market segmented by vehicle type will arise in the light-duty vehicle (LDV) market segment, which will gain $44,028.1 million of global annual sales by 2026. The top opportunities in the usage-based insurance global market segmented by technology will arise in the black-box-based UBI programs market segment, which will gain $47,772.4 of global annual sales by 2026. The top opportunities in the usage-based insurance global market segmented by package type will arise in the pay-as-you-drive (PAYD) market segment, which will gain $44,160.3 of global annual sales by 2026. The usage-based insurance global market size will gain the most in USA at $25,260.7 million.

    Recommendations –To take advantage of the opportunities, The Business Research Company recommends the usage-based insurance companies to invest in connected technologies, increase focus on telematics technology, expand in emerging markets, focus on strategic partnerships and collaborations, offer competitive pricing, continue to participate in events and conferences, leverage social media and focus on fast-growing segments.

    Usage-Based Insurance Market Segmentation

    The usage-based insurance market is segmented by vehicle type, by technology, and by package type.
    By Vehicle Type –
    The usage-based insurance market is segmented by vehicle type into
      • a) Light-duty vehicle (LDV),
      • b) Heavy-duty vehicle (HDV)
    The light-duty vehicle (LDV) market was the largest segment of the usage-based insurance global market segmented by vehicle type, accounting for 58.8% of the total in 2021. Going forward, the heavy-duty vehicle (HDV) segment is expected to be the fastest growing segment in the usage-based insurance global market segmented by vehicle type, at a CAGR of 32.9% during 2021-2026.
    By Technology –
    The usage-based insurance market is segmented by technology into
      • a) On-board diagnostic (OBD)-II-based UBI programs
      • b) Smartphone-based UBI programs
      • c) Black-box-based UBI programs
      • d) Other technologies
    The black-box-based UBI programs market was the largest segment of the usage-based insurance global market segmented by technology, accounting for 55.7% of the total in 2021. Going forward, the black-box-based UBI programs segment is expected to be the fastest growing segment in the usage-based insurance global market segmented by technology, at a CAGR of 31.8% during 2021-2026.
    By Package Type –
    The usage-based insurance market is segmented by package type into
      • a) Pay-as-you-drive (PAYD)
      • b) Pay-how-you-drive (PHYD)
      • c) Manage-how-you-drive (MHYD)
    The pay-as-you-drive (PAYD) market was the largest segment of the usage-based insurance market segmented by package type, accounting for 58.1% of the total in 2021. Going forward, the pay-how-you-drive (PHYD) segment is expected to be the fastest growing segment in the usage-based insurance market segmented by package type, at a CAGR of 31.1% during 2021-2026
    By Geography- The usage-based insurance market is segmented by geography into
      • o Asia Pacific
        • •  China
        • •  Japan
        • •  India
        • •  Australia
        • •  Indonesia
        • •  South Korea
      • o North America
        • • USA
        o South America
        • • Brazil 
        o Western Europe
        • • UK 
        • • Germany 
        • • France 
        o Eastern Europe
        • • Russia 
        o Middle East
        o Africa
    North America was the largest region in the global usage-based insurance market, accounting for 35.4% of the total in 2021. It was followed by Asia Pacific, and then the other regions. Going forward, the fastest-growing regions in the global usage-based insurance market will be Asia Pacific, and, North America where growth will be at CAGRs of 38.3% and 30.5% respectively. These will be followed by Western Europe, and, South America where the markets are expected to grow at CAGRs of 26.5% and 22.4% respectively.

    Usage-Based Insurance Market Competitive Landscape

    Major Competitors are:

  • Progressive Corporation
  • Allstate Corporation
  • UNIPOLSAI ASSICURAZIONI S.P.A
  • Allianz SE
  • Liberty Mutual Insurance
  • Other Competitors Include:

  • AXA
  • Mapfre S.A.
  • State Farm Mutual Automobile Insurance Company
  • American International Group, Inc
  • Nationwide Mutual Insurance Company
  • Tata AIG
  • UbiCar
  • Takaful Islami Insurance Ltd
  • Pragati Insurance Company Limited
  • PingJia Technology
  • Insure The Box
  • Aviva Group
  • Octo Group S.p.A
  • Teltonika Telematics
  • ARCUS S.A
  • T-matic Systems S.A
  • Cefin Romania Systems
  • Cambridge Mobile Telematics
  • Zubie, Inc
  • Modus Group, LLC
  • Metromile Inc
  • Amica Mutual Insurance Company
  • Sierra Wireless
  • Liberty Mutual Insurance Company
  • State Farm Automobile Mutual Insurance Company
  • Allstate Insurance Company
  • Progressive Casualty Insurance Company
  • Intact Financial Corporation
  • TrueMotion
  • CAA insurance
  • The Co-operators Group Limited
  • Desjardins Insurance
  • EnVue Telematics
  • Aon Risk Services Argentina S.A
  • TTMS Argentina S.A
  • Lockton Brasil Corretora de Seguros Ltda
  • Uai Brazil Insurance Broker
  • ALC Corretora de Seguros
  • Aon Brasil - São Paulo
  • Marsh Brasil - EZ Towers
  • Abu Dhabi National Takaful Company
  • Oman Insurance Company
  • Wehbe Insurance Services LLC
  • Al Sagr National Insurance Company
  • Al Fujairah National Insurance Company
  • Noor Takaful Insurance
  • Adamjee Insurance Company Limited
  • Old Mutual plc
  • Santam
  • MiWay Insurance
  • Hollard Group
  • Carrier Insurance Brokers
  • Glanvills Enthoven
    1. Table Of Contents

      1. Usage-Based Insurance Market Executive Summary

      2. Table of Contents

      3. List of Figures

      4. List of Tables

      5. Report Structure

      6. Introduction and Market Characteristics

      6.1. General Market Definition

      6.2. Summary

      6.3. Usage-Based Insurance Market Definition and Segmentations

      6.4. Market Segmentation By Vehicle Type

      6.4.1. Light-Duty Vehicle (LDV)

      6.4.2. Heavy-Duty Vehicle (HDV)

      6.5. Market Segmentation By Technology

      6.5.1. On-Board Diagnostic (OBD)-II-Based UBI Programs

      6.5.2. Smartphone-Based UBI Programs

      6.5.3. Black-Box-Based UBI Programs

      6.5.4. Other Technologies

      6.6. Market Segmentation By Package Type

      6.6.1. Pay-As-You-Drive (PAYD)

      6.6.2. Pay-How-You-Drive (PHYD)

      6.6.3. Manage-How-You-Drive (MHYD)

      7. Major Market Trends

      7.1. Connected Platform For Usage-Based Insurance

      7.2. Smartphone-Based Telematics Platform

      7.3. Increase In Usage Of Telematics Technology

      7.4. Increasing Partnerships And Collaborations

      7.5. Self-Installed Telematics Device

      8. Global Market Size And Growth

      8.1. Market Size

      8.2. Historic Market Growth, 2016 – 2021, Value ($ Million)

      8.2.1. Market Drivers 2016 – 2021

      8.2.2. Restraints On The Market 2016 – 2021

      8.3. Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      8.3.1. Market Drivers 2021 – 2026

      8.3.2. Restraints On The Market 2021 – 2026

      9. Usage-Based Insurance Market, Regional Analysis

      9.1. Global Usage-Based Insurance Market, By Region, Historic and Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      9.2. Global Usage-Based Insurance Market, By Country, Historic and Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      10. Global Usage-Based Insurance Market Segmentation

      10.1. Global Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      10.2. Global Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      10.3. Global Usage-Based Insurance Market, Segmentation By Package Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      11. Asia-Pacific Market

      11.1. Summary

      11.2. Market Overview

      11.2.1. Region Information

      11.2.2. Market Information

      11.2.3. Background Information

      11.2.4. Government Initiatives

      11.2.5. Regulations

      11.2.6. Regulatory Bodies

      11.2.7. Major associations

      11.2.8. Taxes Levied

      11.2.9. Corporate Tax Structure

      11.2.10. Investments

      11.2.11. Major Companies

      11.3. Asia-Pacific Usage-Based Insurance Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      11.4. Asia-Pacific Usage-Based Insurance Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      11.5. Asia-Pacific Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      11.6. Asia-Pacific Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      11.7. Asia Pacific Usage-Based Insurance Market: Country Analysis

      11.8. China Market

      11.9. Summary

      11.10. Market Overview

      11.10.1. Region Information

      11.10.2. Market Information

      11.10.3. Background Information

      11.10.4. Government Initiatives

      11.10.5. Regulations

      11.10.6. Regulatory Bodies

      11.10.7. Major Associations

      11.10.8. Taxes Levied

      11.10.9. Corporate Tax Structure

      11.10.10. Investments

      11.10.11. Major Companies

      11.11. China Usage-Based Insurance Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      11.12. China Usage-Based Insurance Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      11.13. China Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      11.14. China Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      11.15. India Market

      11.16. India Usage-Based Insurance Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      11.17. India Usage-Based Insurance Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      11.18. India Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      11.19. India Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      11.20. Japan Market

      11.21. Japan Usage-Based Insurance Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      11.22. Japan Usage-Based Insurance Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      11.23. Japan Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      11.24. Japan Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      11.25. Australia Market

      11.26. Australia Usage-Based Insurance Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      11.27. Australia Usage-Based Insurance Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      11.28. Australia Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      11.29. Australia Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      11.30. Indonesia Market

      11.31. Indonesia Usage-Based Insurance Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      11.32. Indonesia Usage-Based Insurance Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      11.33. Indonesia Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      11.34. Indonesia Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      11.35. South Korea Market

      11.36. South Korea Usage-Based Insurance Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      11.37. South Korea Usage-Based Insurance Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      11.38. South Korea Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      11.39. South Korea Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      12. Western Europe Market

      12.1. Summary

      12.2. Market Overview

      12.2.1. Region Information

      12.2.2. Market Information

      12.2.3. Background Information

      12.2.4. GDP Per Capita

      12.2.5. Government Initiatives

      12.2.6. Regulations

      12.2.7. Regulatory Bodies

      12.2.8. Major Associations

      12.2.9. Taxes Levied

      12.2.10. Corporate Tax Structure

      12.2.11. Investments

      12.2.12. Major Companies

      12.3. Western Europe Usage-Based Insurance Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      12.4. Western Europe Usage-Based Insurance Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      12.5. Western Europe Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      12.6. Western Europe Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      12.7. Western Europe Usage-Based Insurance Market: Country Analysis

      12.8. UK Market

      12.9. UK Usage-Based Insurance Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      12.10. UK Usage-Based Insurance Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      12.11. UK Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      12.12. UK Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      12.13. Germany Market

      12.14. Germany Usage-Based Insurance Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      12.15. Germany Usage-Based Insurance Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      12.16. Germany Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      12.17. Germany Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      12.18. France Market

      12.19. France Usage-Based Insurance Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      12.20. France Usage-Based Insurance Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      12.21. France Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      12.22. France Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      13. Eastern Europe Market

      13.1. Summary

      13.2. Market Overview

      13.2.1. Region Information

      13.2.2. Market Information

      13.2.3. Background Information

      13.2.4. Government Initiatives

      13.2.5. Regulations

      13.2.6. Regulatory Bodies

      13.2.7. Major Associations

      13.2.8. Taxes Levied

      13.2.9. Corporate Tax Structure

      13.2.10. Investments

      13.2.11. Major Companies

      13.3. Eastern Europe Usage-Based Insurance Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      13.4. Eastern Europe Usage-Based Insurance Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      13.5. Eastern Europe Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      13.6. Eastern Europe Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      13.7. Eastern Europe Usage-Based Insurance Market: Country Analysis

      13.8. Russia Market

      13.9. Russia Usage-Based Insurance Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      13.10. Russia Usage-Based Insurance Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      13.11. Russia Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      13.12. Russia Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      14. North America Market

      14.1. Summary

      14.2. Market Overview

      14.2.1. Region Information

      14.2.2. Market Information

      14.2.3. Background Information

      14.2.4. Government Initiatives

      14.2.5. Regulations

      14.2.6. Regulatory Bodies

      14.2.7. Taxes Levied

      14.2.8. Corporate Tax Structure

      14.2.9. Investment

      14.2.10. Major Companies

      14.3. North America Usage-Based Insurance Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      14.4. North America Usage-Based Insurance Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      14.5. North America Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      14.6. North America Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      14.7. North America Usage-Based Insurance Market: Country Analysis

      14.8. USA Market

      14.9. Summary

      14.10. Market Overview

      14.10.1. Region Information

      14.10.2. Market Information

      14.10.3. Background Information

      14.10.4. Regulations

      14.10.5. Regulatory Bodies

      14.10.6. Major Associations

      14.10.7. Taxes Levied

      14.10.8. Corporate Tax Structure

      14.10.9. Investment

      14.10.10. Major Companies

      14.11. USA Usage-Based Insurance Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      14.12. USA Usage-Based Insurance Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      14.13. USA Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      14.14. USA Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      15. South America Market

      15.1. Summary

      15.2. Market Overview

      15.2.1. Region Information

      15.2.2. Market Information

      15.2.3. Background Information

      15.2.4. Government Initiatives

      15.2.5. Regulations

      15.2.6. Regulatory Bodies

      15.2.7. Major Associations

      15.2.8. Taxes Levied

      15.2.9. Corporate Tax Structure

      15.2.10. Investments

      15.2.11. Major Companies

      15.3. South America Usage-Based Insurance Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      15.4. South America Usage-Based Insurance Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      15.5. South America Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      15.6. South America Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      15.7. South America Usage-Based Insurance Market: Country Analysis

      15.8. Brazil Market

      15.9. Brazil Usage-Based Insurance Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      15.10. Brazil Usage-Based Insurance Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      15.11. Brazil Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      15.12. Brazil Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      16. Middle East Market

      16.1. Summary

      16.2. Market Overview

      16.2.1. Region Information

      16.2.2. Market Information

      16.2.3. Background Information

      16.2.4. Government Initiatives

      16.2.5. Regulations

      16.2.6. Regulatory Bodies

      16.2.7. Major Associations

      16.2.8. Taxes Levied

      16.2.9. Corporate Tax Structure

      16.2.10. Investments

      16.2.11. Major Companies

      16.3. Middle East Usage-Based Insurance Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      16.4. Middle East Usage-Based Insurance Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      16.5. Middle East Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      16.6. Middle East Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      17. Africa Market

      17.1. Summary

      17.2. Market Overview

      17.2.1. Region Information

      17.2.2. Market Information

      17.2.3. Background Information

      17.2.4. Government Initiatives

      17.2.5. Regulations

      17.2.6. Regulatory Bodies

      17.2.7. Major Associations

      17.2.8. Taxes Levied

      17.2.9. Corporate Tax Structure

      17.2.10. Investments

      17.2.11. Major Companies

      17.3. Africa Usage-Based Insurance Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      17.4. Africa Usage-Based Insurance Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      17.5. Africa Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      17.6. Africa Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      18. Competitive Landscape And Company Profiles

      19. Company Profiles

      19.1. The Progressive Corporation

      19.1.1. Company Overview

      19.1.2. Products And Services

      19.1.3. Business Strategy

      19.1.4. Financial Overview

      19.2. The Allstate Corporation

      19.2.1. Company Overview

      19.2.2. Products And Services

      19.2.3. Business Strategy

      19.2.4. Financial Overview

      19.3. UNIPOLSAI ASSICURAZIONI S.P.A

      19.3.1. Company Overview

      19.3.2. Products And Services.

      19.3.3. Business Strategy

      19.3.4. Financial Overview

      19.4. Allianz SE

      19.4.1. Company Overview

      19.4.2. Products And Services

      19.4.3. Financial Overview

      19.5. Liberty Mutual Insurance

      19.5.1. Company Overview

      19.5.2. Products And Services

      19.5.3. Business Strategy

      19.5.4. Financial Overview

      20. Key Mergers and Acquisitions In The Market

      20.1. Otonomo Technologies Acquired The Floow

      20.2. Liberty Mutual Insurance Acquired State Auto Group

      20.3. Lemonade Inc Acquired Metromile

      20.4. Progressive Completes Acquisition Of Protective Insurance

      20.5. State Farm Completes Acquisition Of Gainsco

      20.6. Allstate Acquired National General Insurance

      21. Market Opportunities And Strategies

      21.1. Global Usage-Based Insurance Market In 2026 – Countries Offering Most New Opportunities

      21.2. Global Usage-Based Insurance Market In 2026 – Segments Offering Most New Opportunities

      21.3. Global Usage-Based Insurance Market In 2026 – Growth Strategies

      21.3.1. Market Trend Based Strategies

      21.3.2. Competitor Strategies

      22. Usage-Based Insurance Market, Conclusions And Recommendations

      22.1. Conclusions

      22.2. Recommendations

      22.2.1. Product

      22.2.2. Place

      22.2.3. Price

      22.2.4. Promotion

      22.2.5. People

      23. Appendix

      23.1. Market Data Sources

      23.2. Research Methodology

      23.3. Currencies

      23.4. The Business Research Company

      23.5. Copyright and Disclaimer

    List Of Tables

      Table 1: Global Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Table 2: Global Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 3: Global Usage-Based Insurance Market, By Region, Historic and Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 4: Global Usage-Based Insurance Market, By Region, Historic and Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 5: Global Usage-Based Insurance Market, By Country, Historic and Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 6: Global Usage-Based Insurance Market, By Country, Historic and Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 7: Global Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 8: Global Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 9: Global Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 10: Global Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 11: Global Usage-Based Insurance Market, Segmentation By Package Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 12: Global Usage-Based Insurance Market, Segmentation By Package Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 13: Asia-Pacific GDP Per Capita, By Country, 2016-2021, $
    • Table 14: Asia-Pacific Population, By Country, 2016-2026, Millions
    • Table 15: Asia Pacific Insurance Penetration, 2016-2020, %
    • Table 16: Asia-Pacific Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Table 17: Asia-Pacific Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 18: Asia-Pacific Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 19: Asia-Pacific Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 20: Asia-Pacific Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 21: Asia-Pacific Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 22: China GDP Per Capita, 2016-2021, $
    • Table 23: China Population, By Country, 2016-2026, Millions
    • Table 24: China Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Table 25: China Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 26: China Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 27: China Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 28: China Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 29: China Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 30: India Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Table 31: India Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 32: India Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 33: India Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 34: India Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 35: India Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 36: Japan Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Table 37: Japan Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 38: Japan Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 39: Japan Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 40: Japan Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 41: Japan Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 42: Australia Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Table 43: Australia Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 44: Australia Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 45: Australia Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 46: Australia Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 47: Australia Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 48: Indonesia Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Table 49: Indonesia Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 50: Indonesia Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 51: Indonesia Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 52: Indonesia Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 53: Indonesia Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 54: South Korea Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Table 55: South Korea Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 56: South Korea Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 57: South Korea Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 58: South Korea Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 59: South Korea Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 60: Western Europe GDP Per Capita, By Country, 2016-2021, $
    • Table 61: Western Europe Population, By Country, 2016-2026, Millions
    • Table 62: Western Europe Insurance Penetration, 2016-2020, %
    • Table 63: Western Smart Europe Washing Machines Market, Historic, 2016 – 2021, $ Million
    • Table 64: Western Europe Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 65: Western Europe Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 66: Western Europe Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 67: Western Europe Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 68: Western Europe Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 69: UK Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Table 70: UK Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 71: UK Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 72: UK Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 73: UK Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 74: UK Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 75: Germany Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Table 76: Germany Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 77: Germany Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 78: Germany Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 79: Germany Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 80: Germany Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 81: France Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Table 82: France Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 83: France Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 84: France Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 85: France Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 86: France Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 87: Eastern Europe GDP Per Capita, By Country, 2016-2021, $
    • Table 88: Eastern Europe Population, By Country, 2016-2026, Millions
    • Table 89: Eastern Europe Insurance Penetration, 2016-2020, %
    • Table 90: Eastern Europe Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Table 91: Eastern Europe Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 92: Eastern Europe Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 93: Eastern Europe Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 94: Eastern Europe Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 95: Eastern Europe Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 96: Russia Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Table 97: Russia Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 98: Russia Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 99: Russia Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 100: Russia Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 101: Russia Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 102: North America GDP Per Capita, By Country, 2016-2021, $
    • Table 103: North America Population, By Country, 2016-2026, Millions
    • Table 104: North America Insurance Penetration, 2016-2020, %
    • Table 105: North America Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Table 106: North America Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 107: North America Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 108: North America Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 109: North America Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 110: North America Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 111: USA GDP Per Capita, 2016-2021, $
    • Table 112: USA Population, By Country, 2016-2026, Millions
    • Table 113: USA Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Table 114: USA Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 115: USA Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 116: USA Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 117: USA Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 118: USA Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 119: South America GDP Per Capita, By Country, 2016-2021, $
    • Table 120: South America Population, By Country, 2016-2026, Millions
    • Table 121: South America Insurance Penetration, 2016-2020, %
    • Table 122: South America Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Table 123: South America Washing Machines Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 124: South America Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 125: South America Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 126: South America Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 127: South America Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 128: Brazil Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Table 129: Brazil Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 130: Brazil Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 131: Brazil Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 132: Brazil Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 133: Brazil Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 134: Middle East GDP Per Capita, By Country, 2016-2021, $
    • Table 135: Middle East Population, By Country, 2016-2026, Millions
    • Table 136: Middle East Insurance Penetration, 2016-2020, %
    • Table 137: Middle East Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Table 138: Middle East Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 139: Middle East Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 140: Middle East Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 141: Middle East Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 142: Middle East Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 143: Africa GDP Per Capita, By Country, 2016-2021, $
    • Table 144: Africa Population, By Country, 2016-2026, Millions
    • Table 145: Africa Insurance Penetration, 2016-2020, %
    • Table 146: Africa Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Table 147: Africa Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 148: Africa Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 149: Africa Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 150: Africa Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 151: Africa Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 152: Global Usage-Based Insurance Market, Key Competitor Estimated Market Shares, 2021, Percentage (%)
    • Table 153: Progressive – Financial Performance, 2017– 2021, $ Billion
    • Table 154: ALLSTATE – Financial Performance, 2017– 2021, $ Billion
    • Table 155: UNIPOLSAI – Financial Performance, 2017– 2021, $ Billion
    • Table 156: Allianz – Financial Performance, 2017– 2021, $ Billion
    • Table 157: Liberty Mutual – Financial Performance, 2017– 2021, $ Billion
    • Table 158: Global Usage-Based Insurance Market Size Gain ($ Million), 2021 – 2026, By Country
    • Table 159: Global Usage-Based Insurance Market Size Gain ($ Million), Segmentation By Vehicle Type, 2021 – 2026
    • Table 160: Global Usage-Based Insurance Market Size Gain ($ Million), Segmentation By Technology, 2021 – 2026
    • Table 161: Global Usage-Based Insurance Market Size Gain ($ Million), Segmentation By Package Type, 2021 – 2026
    • Table 162: Usage-Based Insurance Market Data Sources

    List Of Figures

      Figure 1: Geographic Regions Covered
    • Figure 2: Global Usage-Based Insurance Market Segmentation By Vehicle Type
    • Figure 3: Global Usage-Based Insurance Market Segmentation By Technology
    • Figure 4: Global Usage-Based Insurance Market Segmentation By Package Type
    • Figure 5: Global Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Figure 6: Global Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 7: Global Usage-Based Insurance Market, By Region, Historic and Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 8: Global Usage-Based Insurance Market, By Country, Historic and Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 9: Global Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 10: Global Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 11: Global Usage-Based Insurance Market, Segmentation By Package Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 12: Asia-Pacific Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Figure 13: Asia-Pacific Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 14: Asia-Pacific Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 15: Asia-Pacific Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 16: China Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Figure 17: China Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 18: China Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 19: China Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 20: India Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Figure 21: India Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 22: India Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 23: India Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 24: Japan Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Figure 25: Japan Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 26: Japan Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 27: Japan Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 28: Australia Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Figure 29: Australia Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 30: Australia Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 31: Australia Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 32: Indonesia Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Figure 33: Indonesia Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 34: Indonesia Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 35: Indonesia Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 36: South Korea Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Figure 37: South Korea Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 38: South Korea Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 39: South Korea Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 40: Western Europe Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Figure 41: Western Europe Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 42: Western Europe Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 43: Western Europe Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 44: UK Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Figure 45: UK Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 46: UK Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 47: UK Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 48: Germany Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Figure 49: Germany Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 50: Germany Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 51: Germany Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 52: France Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Figure 53: France Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 54: France Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 55: France Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 56: Eastern Europe Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Figure 57: Eastern Europe Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 58: Eastern Europe Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 59: Eastern Europe Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 60: Russia Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Figure 61: Russia Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 62: Russia Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 63: Russia Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 64: North America Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Figure 65: North America Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 66: North America Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 67: North America Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 68: USA Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Figure 69: USA Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 70: USA Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 71: USA Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 72: South America Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Figure 73: South America Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 74: South America Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 75: South America Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 76: Brazil Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Figure 77: Brazil Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 78: Brazil Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 79: Brazil Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 80: Middle East Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Figure 81: Middle East Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 82: Middle East Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 83: Middle East Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 84: Africa Usage-Based Insurance Market, Historic, 2016 – 2021, $ Million
    • Figure 85: Africa Usage-Based Insurance Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 86: Africa Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 87: Africa Usage-Based Insurance Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 88: Global Usage-Based Insurance Market, Key Competitor Estimated Market Shares, 2021, Percentage (%)
    • Figure 89: Progressive – Financial Performance, 2017– 2021, $ Billion
    • Figure 90: ALLSTATE – Financial Performance, 2017– 2021, $ Billion
    • Figure 91: UNIPOLSAI – Financial Performance, 2017– 2021, $ Billion
    • Figure 92: Allianz – Financial Performance, 2017– 2021, $ Billion
    • Figure 93: Liberty Mutual – Financial Performance, 2017– 2021, $ Billion
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