Status : Published | Published On : Apr, 2024 | Report Code : VRAT4082 | Industry : Automotive & Transportation | Available Format : | Page : 190 |
The Global Automotive Usage-Based Insurance (UBI) Market is estimated to be USD 40.3 billion in 2023 and is predicted to reach USD 95.7 billion by 2030, growing at a CAGR of 18.8 % during the forecast period. The growth of this market is attributed to the acceptance of shifting trends observed amongst insurance providers toward remote diagnostics. The amalgamation of usage-based structure along with remote diagnostics solutions are thus facilitating business organizations to distinguish offers thereby providing them a competitive advantage and further enhancing the customer base of the enterprises.
Usage-based insurance is a type of auto insurance that comprises in-vehicle communication systems to monitor driving behavior and track mileage. In addition, telematics systems thus provide appropriate feedback about driver safety practices and driving patterns that enable the insurance providers to significantly influence the cost of insurance based on predicted risk. Additionally, benefits provided by usage-based insurance (UBI) to the service providers are thereby escalating the growth of the global automotive usage-based insurance (UBI) market.
To align insurance premium rates to decrease fraudulent insurance claims various factors facilitate insurance service providers to align premium rates of the insurance efficiently. These factors include acceleration & braking patterns, total miles driven, on-road vehicle location (GPS or Global Positioning System), airbag usage, and the time of day thereby significantly contributing to the growth of the global automotive usage-based insurance (UBI) market.
Market Segmentation
Insight by Technology
Based on technology, the global automotive usage-based insurance (UBI) market is segmented into a black box, OBD-II, embedded, smartphone, and others. Amongst these segments, the embedded segment is expected to witness the highest CAGR during the forecast period as it is considered to be an effective system for capturing data and does not require any form of external calibration to register data.
Insight by Package Type
Based on package type, the global automotive usage-based (UBI) insurance market is subdivided into Pay-How-You-Drive (PHYD), Pay-As-You-Drive (PAYD), and Manage-How-You-Drive (MHYD). Amongst these segments, Pay-As-You-Drive (PAYD) is expected to witness the highest CAGR during the forecast period due to the extensive adoption of the PAYD model as it helps in reaping the advantages of mileage-based insurance premiums.
Report Metric |
Details |
Historical Period |
2018 - 2023 |
Base Year Considered |
2024 |
Forecast Period |
2025 - 2030 |
Market Size in 2023 |
U.S.D. 40.3 Billion |
Revenue Forecast in 2030 |
U.S.D. 95.7 Billion |
Growth Rate |
18.8% |
Segments Covered in the Report |
By Technology, By Package Type, By Vehicle Type, Device Offering, By Vehicle Age, By Electric & Hybrid Vehicle |
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
Regions Covered in the Report |
North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea), and Rest of the World (Brazil, Saudi Arabia, South Africa, U.A.E.) |
Industry Dynamics
Growth Drivers
Extensive adoption of connected cars and telematics along with decreasing insurance premiums along risk-related costs is another factor in the growth of the global automotive usage-based insurance (UBI) market. These systems utilize advanced machine-to-machine techniques that help in collecting data from in-car vehicles that enable insurance providers to further adjust and set premiums based on an individual’s driving behavior rather than having any history to claim. Furthermore, the growth of this market is attributed to greater popularity as usage-based insurance systems enable insurance enterprises to improve business profitability at an extensive rate.
Challenges
Increased cases of data privacy, ambiguity over legislative environments, and regulations along with a lack of standardized systems are the key factors that are anticipated to hamper the growth of the global automotive usage-based insurance (UBI) market.
Geographic Overview
Geographically, North America is the largest revenue contributor in the automotive usage-based insurance market due to the high popularity of mobility as a service along with extensive collaborations between insurance and telematics companies. Furthermore, these companies are enhancing their solution offers and are providing improved schemes and packages to insurance providers.
Moreover, Asia-Pacific is expected to witness the highest CAGR in the automotive-based insurance (UBI) market during the forecast period owing to increasing acceptance of telematics and IoT in Japan, China, India, and South Korea. Additionally, the increasing level of pollution in countries of Asia-Pacific is thriving the need to adopt fuel-efficient solutions that are further escalating the growth of the automotive usage-based insurance (UBI) market in this region.
Competitive Insight
Key players operating in the automotive usage-based insurance market are emphasizing their efforts upon strategic acquisitions to strengthen capabilities of research & development that support them in providing innovative solutions to the users and thus gain a competitive advantage.
Allianz SE is a German multinational financial services company headquartered in Munich, Germany. The company has insurance and asset management businesses. Allianz is the world's largest insurance company and the largest financial services company in Europe.
Assicurazioni Generali S.p.A. known as Generali Group is an Italian insurance company based in Trieste. It is the largest insurance company in Italy and ranks among the world's largest insurance companies by net premiums and assets.
Recent Developments by Key Players
DARAG Group, a (re)insurance specialist in discontinued business and capital and operational relief, has partnered with UnipolSai Assicurazioni S.p.A. (Unipol), an Italian insurer within the Unipol Group. Unipol is a major player in non-life insurance and motor vehicle third-party liability (TPL) in Italy. DARAG Deutschland AG (DAG) will handle and manage all non-proportional open claims from the runoff of Unipol Re Under this agreement.
Some of the major players operating in the global automotive usage-based insurance (UBI) market include UnipolSai Assicurazioni S.p.A, Danlaw, Assicurazioni Generali S.P.A, Allianz SE, Mapfre, S.A, Desjardins Group, Octo Technology Nationwide, Cambridge Mobile Telematics, Liberty Mutual Insurance, Progressive Casualty Insurance Company, Allstate Insurance Company, Intelligent Mechatronic Systems Inc., Vodafone Automotive S.p.A, State Farm Mutual Automobile Insurance Company, Metromile Inc., AXA, TomTom International BV, Sierra Wireless, Zubie, Inc., and Insure The Box Limited.
Primary Research
VynZ Research conducts extensive primary research to understand the market dynamics, validate market data, and have key opinions from industry experts. The key profiles approached within the industry include, CEO, CFO, CTO, President, Vice President, Product Managers, Regional Heads, and Others. Also, end user surveys comprising consumers are also conducted to understand consumer behavior.
The Automotive Usage-Based Insurance (UBI) Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.
Segments Covered in the Report
Geographical Segmentation
Source: VynZ Research
Source: VynZ Research
1. Research Overview
1.1. The Report Offers
1.2. Market Coverage
1.2.1. By Technology
1.2.2. By Package Type
1.2.3. By Vehicle Type
1.2.4. By Device Offering
1.2.5. By Vehicle Age
1.2.6. By Electric & Hybrid Vehicle
1.3. Research Phases
1.4. Limitations
1.5. Research Methodology
1.5.1. Data Sources
1.5.1.1. Primary Research
1.5.1.2. Secondary Research
1.5.2. Methodology
1.5.2.1. Data Exploration
1.5.2.2. Forecast Parameters
1.5.2.3. Data Validation
1.5.2.4. Assumptions
1.5.3. Study Period & Data Reporting Unit
2. Executive Summary
3. Industry Overview
3.1. Industry Dynamics
3.1.1. Market Growth Drivers
3.1.2. Market Restraints
3.1.3. Key Market Trends
3.1.4. Major Opportunities
3.2. Industry Ecosystem
3.2.1. Porter’s Five Forces Analysis
3.2.2. Recent Development Analysis
3.2.3. Value Chain Analysis
3.3. Competitive Insight
3.3.1. Competitive Position of Industry Players
3.3.2. Market Attractive Analysis
4. Global Market Estimate and Forecast
4.1. Global Market Overview
4.2. Global Market Estimate and Forecast to 2030
5. Market Segmentation Estimate and Forecast
5.1. By Technology
5.1.1. Black Box
5.1.1.1. Market Definition
5.1.1.2. Market Estimation and Forecast to 2030
5.1.2. OBD-II
5.1.2.1. Market Definition
5.1.2.2. Market Estimation and Forecast to 2030
5.1.3. Embedded
5.1.3.1. Market Definition
5.1.3.2. Market Estimation and Forecast to 2030
5.1.4. Smartphone
5.1.4.1. Market Definition
5.1.4.2. Market Estimation and Forecast to 2030
5.1.5. Others
5.1.5.1. Market Definition
5.1.5.2. Market Estimation and Forecast to 2030
5.2. By Package Type
5.2.1. Pay-How-You-Drive (PHYD)
5.2.1.1. Market Definition
5.2.1.2. Market Estimation and Forecast to 2030
5.2.2. Pay-As-You-Drive (PAYD)
5.2.2.1. Market Definition
5.2.2.2. Market Estimation and Forecast to 2030
5.2.3. Manage-How-You-Drive (MHYD)
5.2.3.1. Market Definition
5.2.3.2. Market Estimation and Forecast to 2030
5.3. By Vehicle Type
5.3.1. Heavy-duty Vehicle (HDV)
5.3.1.1. Market Definition
5.3.1.2. Market Estimation and Forecast to 2030
5.3.2. Light-duty Vehicle (LDV)
5.3.2.1. Market Definition
5.3.2.2. Market Estimation and Forecast to 2030
5.4. By Device Offering
5.4.1. Company Provided
5.4.1.1. Market Definition
5.4.1.2. Market Estimation and Forecast to 2030
5.4.2. Bring Your Own Device (BYOD Market)
5.4.2.1. Market Definition
5.4.2.2. Market Estimation and Forecast to 2030
5.5. By Vehicle Age
5.5.1. On-Road Vehicle
5.5.1.1. Market Definition
5.5.1.2. Market Estimation and Forecast to 2030
5.5.2. New Vehicle
5.5.2.1. Market Definition
5.5.2.2. Market Estimation and Forecast to 2030
5.6. By Electric and Hybrid Vehicle
5.6.1. Hybrid Electric Vehicle (HEV)
5.6.1.1. Market Definition
5.6.1.2. Market Estimation and Forecast to 2030
5.6.2. Plug-in Hybrid Vehicle (PHEV)
5.6.2.1. Market Definition
5.6.2.2. Market Estimation and Forecast to 2030
5.6.3. Battery Electric Vehicle (BEV)
5.6.3.1. Market Definition
5.6.3.2. Market Estimation and Forecast to 2030
6. North America Market Estimate and Forecast
6.1. By Technology
6.2. By Package Type
6.3. By Vehicle Type
6.4. By Device Offering
6.5. By Vehicle Age
6.6. By Electric & Hybrid Vehicle
6.7. By Country
6.7.1. U.S. Market Estimate and Forecast
6.7.2. Canada Market Estimate and Forecast
6.7.3. Mexico Market Estimate and Forecast
7. Europe Market Estimate and Forecast
7.1. By Technology
7.2. By Package Type
7.3. By Vehicle Type
7.4. By Device Offering
7.5. By Vehicle Age
7.6. By Electric & Hybrid Vehicle
7.7. By Country
7.7.1. Germany Market Estimate and Forecast
7.7.2. France Market Estimate and Forecast
7.7.3. U.K. Market Estimate and Forecast
7.7.4. Italy Market Estimate and Forecast
7.7.5. Spain Market Estimate and Forecast
7.7.6. Russia Market Estimate and Forecast
7.7.7. Rest of Europe Market Estimate and Forecast
8. Asia-Pacific Market Estimate and Forecast
8.1. By Technology
8.2. By Package Type
8.3. By Vehicle Type
8.4. By Device Offering
8.5. By Vehicle Age
8.6. By Electric & Hybrid Vehicle
8.7. By Country
8.7.1. China Market Estimate and Forecast
8.7.2. Japan Market Estimate and Forecast
8.7.3. India Market Estimate and Forecast
8.7.4. South Korea Market Estimate and Forecast
8.7.5. Rest of Asia-Pacific Market Estimate and Forecast
9. Rest of the World (RoW) Market Estimate and Forecast
9.1. By Technology
9.2. By Package Type
9.3. By Vehicle Type
9.4. By Device Offering
9.5. By Vehicle Age
9.6. By Electric & Hybrid Vehicle
9.7. By Country
9.7.1. Brazil Market Estimate and Forecast
9.7.2. Saudi Arabia Market Estimate and Forecast
9.7.3. South Africa Market Estimate and Forecast
9.7.4. U.A.E. Market Estimate and Forecast
9.7.5. Other Countries Market Estimate and Forecast
10. Company Profiles
10.1. UnipolSai Assicurazioni S.p.A
10.1.1. Snapshot
10.1.2. Overview
10.1.3. Offerings
10.1.4. Financial Insight
10.1.5. Recent Developments
10.2. Danlaw
10.2.1. Snapshot
10.2.2. Overview
10.2.3. Offerings
10.2.4. Financial Insight
10.2.5. Recent Developments
10.3. Assicurazioni Generali S.P.A
10.3.1. Snapshot
10.3.2. Overview
10.3.3. Offerings
10.3.4. Financial Insight
10.3.5. Recent Developments
10.4. Allianz SE
10.4.1. Snapshot
10.4.2. Overview
10.4.3. Offerings
10.4.4. Financial Insight
10.4.5. Recent Developments
10.5. Mapfre, S.A
10.5.1. Snapshot
10.5.2. Overview
10.5.3. Offerings
10.5.4. Financial Insight
10.5.5. Recent Developments
10.6. Desjardins Group
10.6.1. Snapshot
10.6.2. Overview
10.6.3. Offerings
10.6.4. Financial Insight
10.6.5. Recent Developments
10.7. Octo Technology Nationwide
10.7.1. Snapshot
10.7.2. Overview
10.7.3. Offerings
10.7.4. Financial Insight
10.7.5. Recent Developments
10.8. Cambridge Mobile Telematics
10.8.1. Snapshot
10.8.2. Overview
10.8.3. Offerings
10.8.4. Financial Insight
10.8.5. Recent Developments
10.9. Liberty Mutual Insurance
10.9.1. Snapshot
10.9.2. Overview
10.9.3. Offerings
10.9.4. Financial Insight
10.9.5. Recent Developments
10.10. Progressive Casualty Insurance Company
10.10.1. Snapshot
10.10.2. Overview
10.10.3. Offerings
10.10.4. Financial Insight
10.10.5. Recent Developments
10.11. Allstate Insurance Company
10.11.1. Snapshot
10.11.2. Overview
10.11.3. Offerings
10.11.4. Financial Insight
10.11.5. Recent Developments
10.12. Intelligent Mechatronic Systems Inc.
10.12.1. Snapshot
10.12.2. Overview
10.12.3. Offerings
10.12.4. Financial Insight
10.12.5. Recent Developments
10.13. Vodafone Automotive S.p.A
10.13.1. Snapshot
10.13.2. Overview
10.13.3. Offerings
10.13.4. Financial Insight
10.13.5. Recent Developments
10.14. State Farm Mutual Automobile Insurance Company
10.14.1. Snapshot
10.14.2. Overview
10.14.3. Offerings
10.14.4. Financial Insight
10.14.5. Recent Developments
10.15. Metromile Inc.
10.15.1. Snapshot
10.15.2. Overview
10.15.3. Offerings
10.15.4. Financial Insight
10.15.5. Recent Developments
10.16. AXA
10.16.1. Snapshot
10.16.2. Overview
10.16.3. Offerings
10.16.4. Financial Insight
10.16.5. Recent Developments
10.17. TomTom International BV
10.17.1. Snapshot
10.17.2. Overview
10.17.3. Offerings
10.17.4. Financial Insight
10.17.5. Recent Developments
10.18. Sierra Wireless
10.18.1. Snapshot
10.18.2. Overview
10.18.3. Offerings
10.18.4. Financial Insight
10.18.5. Recent Developments
10.19. Zubie, Inc.
10.19.1. Snapshot
10.19.2. Overview
10.19.3. Offerings
10.19.4. Financial Insight
10.19.5. Recent Developments
10.20. Insure The Box Limited
10.20.1. Snapshot
10.20.2. Overview
10.20.3. Offerings
10.20.4. Financial Insight
10.20.5. Recent Developments
11. Appendix
11.1. Exchange Rates
11.2. Abbreviations
Note: Financial insight and recent developments of different companies are subject to availability of information in secondary domain.
List of Tables
Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2018–2023 (USD Billion)
Table 5 Global Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2025 – 2030 (USD Billion)
Table 6 Global Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2018–2023 (USD Billion)
Table 7 Global Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2025 – 2030 (USD Billion)
Table 8 Global Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2018–2023 (USD Billion)
Table 9 Global Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2025 – 2030 (USD Billion)
Table 10 Global Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2018–2023 (USD Billion)
Table 11 Global Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2025 – 2030 (USD Billion)
Table 12 Global Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2018–2023 (USD Billion)
Table 13 Global Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2025 – 2030 (USD Billion)
Table 14 Global Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2018–2023 (USD Billion)
Table 15 Global Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2025 – 2030 (USD Billion)
Table 16 Global Automotive Usage-Based Insurance (UBI) Market Size, by Region, 2018–2023 (USD Billion)
Table 17 Global Automotive Usage-Based Insurance (UBI) Market Size, by Region, 2025 – 2030 (USD Billion)
Table 18 North America Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2018–2023 (USD Billion)
Table 19 North America Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2025 – 2030 (USD Billion)
Table 20 North America Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2018–2023 (USD Billion)
Table 21 North America Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2025 – 2030 (USD Billion)
Table 22 North America Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2018–2023 (USD Billion)
Table 23 North America Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2025 – 2030 (USD Billion)
Table 24 North America Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2018–2023 (USD Billion)
Table 25 North America Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2025 – 2030 (USD Billion)
Table 26 North America Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2018–2023 (USD Billion)
Table 27 North America Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2025 – 2030 (USD Billion)
Table 28 North America Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2018–2023 (USD Billion)
Table 29 North America Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2025 – 2030 (USD Billion)
Table 30 North America Automotive Usage-Based Insurance (UBI) Market Size, by Country, 2018–2023 (USD Billion)
Table 31 North America Automotive Usage-Based Insurance (UBI) Market Size, by Country, 2025 – 2030 (USD Billion)
Table 32 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2018–2023 (USD Billion)
Table 33 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2025 – 2030 (USD Billion)
Table 34 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2018–2023 (USD Billion)
Table 35 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2025 – 2030 (USD Billion)
Table 36 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2018–2023 (USD Billion)
Table 37 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2025 – 2030 (USD Billion)
Table 38 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2018–2023 (USD Billion)
Table 39 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2025 – 2030 (USD Billion)
Table 40 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2018–2023 (USD Billion)
Table 41 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2025 – 2030 (USD Billion)
Table 42 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2018–2023 (USD Billion)
Table 43 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2025 – 2030 (USD Billion)
Table 44 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Country, 2018–2023 (USD Billion)
Table 45 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Country, 2025 – 2030 (USD Billion)
Table 46 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2018–2023 (USD Billion)
Table 47 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2025 – 2030 (USD Billion)
Table 48 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2018–2023 (USD Billion)
Table 49 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2025 – 2030 (USD Billion)
Table 50 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2018–2023 (USD Billion)
Table 51 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2025 – 2030 (USD Billion)
Table 52 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2018–2023 (USD Billion)
Table 53 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2025 – 2030 (USD Billion)
Table 54 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2018–2023 (USD Billion)
Table 55 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2025 – 2030 (USD Billion)
Table 56 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2018–2023 (USD Billion)
Table 57 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2025 – 2030 (USD Billion)
Table 58 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Country, 2018–2023 (USD Billion)
Table 59 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Country, 2025 – 2030 (USD Billion)
Table 60 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2018–2023 (USD Billion)
Table 61 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2025 – 2030 (USD Billion)
Table 62 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2018–2023 (USD Billion)
Table 63 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2025 – 2030 (USD Billion)
Table 64 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2018–2023 (USD Billion)
Table 65 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2025 – 2030 (USD Billion)
Table 66 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2018–2023 (USD Billion)
Table 67 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2025 – 2030 (USD Billion)
Table 68 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2018–2023 (USD Billion)
Table 69 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2025 – 2030 (USD Billion)
Table 70 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2018–2023 (USD Billion)
Table 71 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2025 – 2030 (USD Billion)
Table 72 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Country, 2018–2023 (USD Billion)
Table 73 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Country, 2025 – 2030 (USD Billion)
Table 74 Snapshot – UnipolSai Assicurazioni S.p.A
Table 75 Snapshot – Danlaw
Table 76 Snapshot – Assicurazioni Generali S.P.A
Table 77 Snapshot – Allianz SE
Table 78 Snapshot – Mapfre, S.A
Table 79 Snapshot – Desjardins Group
Table 80 Snapshot – Octo Technology Nationwide
Table 81 Snapshot – Cambridge Mobile Telematics
Table 82 Snapshot – Liberty Mutual Insurance
Table 83 Snapshot – Progressive Casualty Insurance Company
Table 84 Snapshot – Allstate Insurance Company
Table 85 Snapshot – Intelligent Mechatronic Systems Inc.
Table 86 Snapshot – Vodafone Automotive S.p.A
Table 87 Snapshot – State Farm Mutual Automobile Insurance Company
Table 88 Snapshot – Metromile Inc.
Table 89 Snapshot – AXA
Table 90 Snapshot – TomTom International BV
Table 91 Snapshot – Sierra Wireless
Table 92 Snapshot – Zubie, Inc
Table 93 Snapshot – Insure The Box Limited
List of Figures
Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Types for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Automotive Usage-Based Insurance (UBI) Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Automotive Usage-Based Insurance (UBI) Market Highlight
Figure 12 Global Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2018 - 2030 (USD Billion)
Figure 13 Global Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2018 - 2030 (USD Billion)
Figure 14 Global Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2018 - 2030 (USD Billion)
Figure 15 Global Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2018 - 2030 (USD Billion)
Figure 16 Global Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2018 - 2030 (USD Billion)
Figure 17 Global Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2018 - 2030 (USD Billion)
Figure 18 Global Automotive Usage-Based Insurance (UBI) Market Size, by Region, 2018 - 2030 (USD Billion)
Figure 19 North America Automotive Usage-Based Insurance (UBI) Market Highlight
Figure 20 North America Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2018 - 2030 (USD Billion)
Figure 21 North America Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2018 - 2030 (USD Billion)
Figure 22 North America Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2018 - 2030 (USD Billion)
Figure 23 North America Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2018 - 2030 (USD Billion)
Figure 24 North America Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2018 - 2030 (USD Billion)
Figure 25 North America Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2018 - 2030 (USD Billion)
Figure 26 North America Automotive Usage-Based Insurance (UBI) Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 27 Europe Automotive Usage-Based Insurance (UBI) Market Highlight
Figure 28 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2018 - 2030 (USD Billion)
Figure 29 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2018 - 2030 (USD Billion)
Figure 30 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2018 - 2030 (USD Billion)
Figure 31 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2018 - 2030 (USD Billion)
Figure 32 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2018 - 2030 (USD Billion)
Figure 33 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2018 - 2030 (USD Billion)
Figure 34 Europe Automotive Usage-Based Insurance (UBI) Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 35 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Highlight
Figure 36 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2018 - 2030 (USD Billion)
Figure 37 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2018 - 2030 (USD Billion)
Figure 38 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2018 - 2030 (USD Billion)
Figure 39 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2018 - 2030 (USD Billion)
Figure 40 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2018 - 2030 (USD Billion)
Figure 41 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2018 - 2030 (USD Billion)
Figure 42 Asia-Pacific Automotive Usage-Based Insurance (UBI) Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 43 RoW Automotive Usage-Based Insurance (UBI) Market Highlight
Figure 44 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Technology, 2018 - 2030 (USD Billion)
Figure 45 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Package Type, 2018 - 2030 (USD Billion)
Figure 46 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Type, 2018 - 2030 (USD Billion)
Figure 47 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Device Offering, 2018 - 2030 (USD Billion)
Figure 48 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Vehicle Age, 2018 - 2030 (USD Billion)
Figure 49 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Electric & Hybrid Vehicle, 2018 - 2030 (USD Billion)
Figure 50 RoW Automotive Usage-Based Insurance (UBI) Market Size, by Country, 2018 - 2030 (USD Billion)
Global Automotive Usage-Based Insurance (UBI) Market Coverage
Technology Insight and Forecast 2025 – 2030
Package Type Insight and Forecast 2025 – 2030
Vehicle Type Insight and Forecast 2025 – 2030
Device Offering Insight and Forecast 2025 – 2030
Vehicle Age Insight and Forecast 2025 – 2030
Electric & Hybrid Vehicle Insight and Forecast 2025 – 2030
Geographical Segmentation
Automotive Usage-Based Insurance (UBI) Market by Region
North America
Europe
Asia-Pacific (APAC)
Rest of the World (RoW)
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Automotive Usage-Based Insurance (UBI) Market