Usage-Based Insurance Market for Automotive Competitive Analysis with Growth Forecast Till 2025

Usage-Based Insurance Market for Automotive
The report “Usage-Based Insurance Market for Automotive by Package type, Technology type (OBD-II, Blackbox, Smartphone, Embedded, and Other technologies), Vehicle type, Vehicle age, Device Offering, Electric & Hybrid vehicles, and Region – Global forecast to 2027″, is projected to reach USD 125.7 billion by 2027 from an estimated USD 24.0 billion in 2019, at a CAGR of 23.0% during...

Usage-based Insurance Market Rising by Increasing Adoption of Telematics and Connected Cars

The automotive usage-based insurance industry has evolved along with the automotive industry. The demand for usage-based insurance market is largely influenced by increasing vehicle sales with telematics and connected car services, reduction in insurance as compared to the traditional insurance, and increasing vehicle sales and parc. The global usage-based insurance market for automotive was valued...