Automotive Usage-Based Insurance Global Market Report 2025

Global Automotive Usage Based Insurance Market Report 2025

Automotive Usage-Based Insurance Global Market Report 2025 – By Type (Pay-As-You-Drive (PAYD), Pay-How-You-Drive (PHYD), Manage-How-You-Drive (MHYD)), By Vehicle Type (Passenger Cars, Commercial Vehicles), By Technology (Black Box, On-Board Diagnostics (OBD)-II, Embedded, Smartphone, Other Technologies), By Distribution Channel (Insurance Companies, Aggregator Platforms), By End-User (Individual Consumers, Fleet Owners Or Managers) – Market Size, Trends, And Global Forecast 2025-2034

Name: Automotive Usage-Based Insurance Global Market Report 2025
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Automotive Usage-Based Insurance Global Market Report 2025

Report Price : $4490.00 | Pages : 175 | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

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Automotive Usage-Based Insurance Global Market Report 2025

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Automotive Usage-Based Insurance Market Definition

Automotive usage-based insurance (UBI) is a type of auto insurance in which the premium is calculated based on the actual usage of the vehicle. This insurance model uses telematics technology to track driving habits, mileage, and other pertinent factors.

The main types of automotive usage-based insurance are pay-as-you-drive (PAYD), pay-how-you-drive (PHYD), and manage-how-you-drive (MHYD). Pay-as-you-drive (PAYD) is a type of usage-based insurance where the premium is primarily calculated based on the distance driven by the vehicle, which allows drivers to pay for insurance according to how much they use their vehicle. It is for several vehicle types, such as passenger cars and commercial vehicles, with various technologies, including black boxes, on-board diagnostics (OBD) II, embedded smartphones, and others. It is sold through several distribution channels, such as insurance companies and aggregator platforms, and is used by various end-users, such as individual consumers and fleet owners or managers.

Automotive Usage-Based Insurance Market Segmentation

The automotive usage-based insurance market covered in this report is segmented –

1) By Type: Pay-As-You-Drive (PAYD), Pay-How-You-Drive (PHYD), Manage-How-You-Drive (MHYD)

2) By Vehicle Type: Passenger Cars, Commercial Vehicles

3) By Technology: Black Box, On-Board Diagnostics (OBD)-II, Embedded, Smartphone, Other Technologies

4) By Distribution Channel: Insurance Companies, Aggregator Platforms

5) By End-User: Individual Consumers, Fleet Owners Or Managers

Subsegments:

1) By Pay-As-You-Drive (PAYD): Distance-Based PAYD Insurance, Time-Based PAYD Insurance, Geographical PAYD Insurance

2) By Pay-How-You-Drive (PHYD): Driving Behavior-Based PHYD Insurance, Speed And Acceleration-Based PHYD Insurance, Risk-Based PHYD Insurance (Harsh Braking, Cornering)

3) By Manage-How-You-Drive (MHYD): Telematics-Driven MHYD Insurance, Driver Coaching And Feedback-Based MHYD, Risk Reduction And Safety-Enhanced MHYD

Automotive Usage-Based Insurance Market Size and growth rate 2025 to 2029: Graph

Automotive Usage-Based Insurance Market Size 2025 And Growth Rate

The automotive usage-based insurance market size has grown rapidly in recent years. It will grow from $48.9 billion in 2024 to $57.91 billion in 2025 at a compound annual growth rate (CAGR) of 18.4%. The growth in the historic period can be attributed to rising insurance premiums, the growth of connected vehicles, the need for improved risk assessment, regulatory changes favoring usage-based models, and the adoption of mobile apps.

Automotive Usage-Based Insurance Market Growth Forecast

The automotive usage-based insurance market size is expected to see rapid growth in the next few years. It will grow to $112.35 billion in 2029 at a compound annual growth rate (CAGR) of 18.0%. The growth in the forecast period can be attributed to advancements in AI and machine learning, enhanced data privacy and security measures, integration with smart home technology, growth in subscription-based insurance models, and rising environmental concerns. Major trends in the forecast period include integration of AI and machine learning for enhanced risk assessment, the rise of personalized and flexible insurance models, increasing adoption of telematics in electric vehicles, the incorporation of real time data from connected and autonomous vehicles, and growth in subscription-based.

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Automotive Usage-Based Insurance Market Driver: Growing Vehicle Ownership Boosts Growth Of The Automotive Usage-Based Insurance Market

The increasing vehicle ownership is expected to propel the growth of the automotive usage-based insurance market going forward. Vehicle ownership refers to the possession and registration of any motorized vehicle by an individual or entity that involves having the rights and responsibilities associated with the vehicle. The increase in vehicle ownership is driven by economic growth, higher disposable incomes, urbanization, and the growing need for personal mobility. Automotive usage-based insurance (UBI) encourages safe and low-mileage drivers with cheaper premiums, giving personalized rates based on driving patterns that attract cost-conscious car owners. For instance, in June 2024, according to Statistics Canada, a Canada-based government agency, the total number of road motor vehicles registered in Canada in 2022 was 26.3 million, a 0.3% increase from 2021. Therefore, increasing vehicle ownership is driving the growth of the automotive usage-based insurance market.

Global Automotive Usage-Based Insurance Market Major Players

Major companies operating in the automotive usage-based insurance market are State Farm, MetLife Services and Solutions LLC, Nationwide Mutual Insurance Company, Allstate Insurance Company, Progressive Casualty Insurance Company, Chubb Limited, The Travelers Indemnity Company, Aviva plc, Government Employees Insurance Company (GEICO), MAPFRE SA, American Family Insurance, Mitsui Sumitomo Insurance Group, Bajaj Finserv Limited, Verisk Analytics Inc., Liberty Mutual Group Inc., Root Insurance Company, The Zebra, Lemonade Inc., Berjaya Sompo Insurance Berhad, Arity LLC, Octo Telematics S.p.A, Insurethebox limited, Flock Limited, Mile Auto Inc.

Global Automotive Usage-Based Insurance Market Trend: Innovative Approaches To Personalized Insurance Premiums

Major companies operating in the automotive usage-based insurance market are focusing on developing innovative products such as usage-based insurance models to offer personalized premiums, enhancing customer engagement, and risk assessment. Usage-based insurance models use data collected from a vehicle's telematics system to assess driving habits such as speed, distance, and frequency. This allows insurers to offer customized premiums, rewarding safe driving and providing more accurate risk assessments. For instance, in August 2024, Zuno General Insurance Limited, an India-based insurance company, launched Pay How You Drive to reward safe driving practices and provide customers with greater control over their insurance costs. This insurance coverage personalizes car insurance premiums by linking them to individual driving behavior, assessed through a mobile app that provides a Zuno Driving Quotient. This innovative approach not only offers discounts based on driving scores but also incentives safe driving practices, allowing customers to monitor their performance and gain rewards for improved driving habits.

Automotive Usage-Based Insurance Market Merger And Acquisition: Lemonade Life Insurance Expands Auto Insurance Capabilities With Metromile Acquisition

In July 2022, Lemonade Life Insurance Agency LLC, a US-based insurance company, acquired Metromile for $145 million. The acquisition aims to improve Lemonade's capabilities in the vehicle insurance sector by leveraging Metromile's enormous data and technology. Further, Lemonade plans to improve the precision and competitiveness of its auto insurance solutions by incorporating Metromile's advanced telematics and data analytics. Metromile is a US-based provider of automobile usage-based insurance, such as pay-per-mile car insurance.

Regional Outlook For The Global Automotive Usage-Based Insurance Market

North America was the largest region in the automotive usage based insurance market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive usage-based insurance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the automotive usage-based insurance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Automotive Usage-Based Insurance Market?

The automotive usage-based insurance market consists of revenues earned by entities by providing pay-when-you-drive (PWYD), pay-how-long-you-drive (PHLYD), pay-for-driving (PFD), and pay-for-risk (PFR). The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Automotive Usage-Based Insurance Industry?

The automotive usage-based insurance market research report is one of a series of new reports from The Business Research Company that provides automotive usage-based insurance market statistics, including automotive usage-based insurance industry global market size, regional shares, competitors with an automotive usage-based insurance market share, detailed automotive usage-based insurance market segments, market trends and opportunities, and any further data you may need to thrive in the automotive usage-based insurance industry. This automotive usage-based insurance market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Automotive Usage-Based Insurance Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$57.91 billion
Revenue Forecast In 2034	$112.35 billion
Growth Rate	CAGR of 18.0% from 2025 to 2034
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	1) By Type: Pay-As-You-Drive (PAYD), Pay-How-You-Drive (PHYD), Manage-How-You-Drive (MHYD) 2) By Vehicle Type: Passenger Cars, Commercial Vehicles 3) By Technology: Black Box, On-Board Diagnostics (OBD)-II, Embedded, Smartphone, Other Technologies 4) By Distribution Channel: Insurance Companies, Aggregator Platforms 5) By End-User: Individual Consumers, Fleet Owners Or Managers Subsegments: 1) By Pay-As-You-Drive (PAYD): Distance-Based PAYD Insurance, Time-Based PAYD Insurance, Geographical PAYD Insurance 2) By Pay-How-You-Drive (PHYD): Driving Behavior-Based PHYD Insurance, Speed And Acceleration-Based PHYD Insurance, Risk-Based PHYD Insurance (Harsh Braking, Cornering) 3) By Manage-How-You-Drive (MHYD): Telematics-Driven MHYD Insurance, Driver Coaching And Feedback-Based MHYD, Risk Reduction And Safety-Enhanced MHYD
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	State Farm, MetLife Services and Solutions LLC, Nationwide Mutual Insurance Company, Allstate Insurance Company, Progressive Casualty Insurance Company, Chubb Limited, The Travelers Indemnity Company, Aviva plc, Government Employees Insurance Company (GEICO), MAPFRE SA, American Family Insurance, Mitsui Sumitomo Insurance Group, Bajaj Finserv Limited, Verisk Analytics Inc., Liberty Mutual Group Inc., Root Insurance Company, The Zebra, Lemonade Inc., Berjaya Sompo Insurance Berhad, Arity LLC, Octo Telematics S.p.A, Insurethebox limited, Flock Limited, Mile Auto Inc.
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1. Executive Summary

2. Automotive Usage-Based Insurance Market Characteristics

3. Automotive Usage-Based Insurance Market Trends And Strategies

4. Automotive Usage-Based Insurance Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market

5. Global Automotive Usage-Based Insurance Growth Analysis And Strategic Analysis Framework

5.1. Global Automotive Usage-Based Insurance PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Automotive Usage-Based Insurance Market Growth Rate Analysis

5.4. Global Automotive Usage-Based Insurance Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Automotive Usage-Based Insurance Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Automotive Usage-Based Insurance Total Addressable Market (TAM)

6. Automotive Usage-Based Insurance Market Segmentation

6.1. Global Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Pay-As-You-Drive (PAYD)

Pay-How-You-Drive (PHYD)

Manage-How-You-Drive (MHYD)

6.2. Global Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Passenger Cars

Commercial Vehicles

6.3. Global Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Black Box

On Board Diagnostics-II (OBD-II)

Embedded

Smartphone

Other Technologies

6.4. Global Automotive Usage-Based Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Insurance Companies

Aggregator Platforms

6.5. Global Automotive Usage-Based Insurance Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Individual Consumers

Fleet Owners Or Managers

6.6. Global Automotive Usage-Based Insurance Market, Sub-Segmentation Of Pay-As-You-Drive (PAYD), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Distance-Based PAYD Insurance

Time-Based PAYD Insurance

Geographical PAYD Insurance

6.7. Global Automotive Usage-Based Insurance Market, Sub-Segmentation Of Pay-How-You-Drive (PHYD), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Driving Behavior-Based PHYD Insurance

Speed And Acceleration-Based PHYD Insurance

Risk-Based PHYD Insurance (Harsh Braking, Cornering)

6.8. Global Automotive Usage-Based Insurance Market, Sub-Segmentation Of Manage-How-You-Drive (MHYD), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Telematics-Driven MHYD Insurance

Driver Coaching And Feedback-Based MHYD

Risk Reduction And Safety-Enhanced MHYD

7. Automotive Usage-Based Insurance Market Regional And Country Analysis

7.1. Global Automotive Usage-Based Insurance Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Automotive Usage-Based Insurance Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Automotive Usage-Based Insurance Market

8.1. Asia-Pacific Automotive Usage-Based Insurance Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Automotive Usage-Based Insurance Market

9.1. China Automotive Usage-Based Insurance Market Overview

9.2. China Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Automotive Usage-Based Insurance Market

10.1. India Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Automotive Usage-Based Insurance Market

11.1. Japan Automotive Usage-Based Insurance Market Overview

11.2. Japan Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Automotive Usage-Based Insurance Market

12.1. Australia Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Automotive Usage-Based Insurance Market

13.1. Indonesia Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Automotive Usage-Based Insurance Market

14.1. South Korea Automotive Usage-Based Insurance Market Overview

14.2. South Korea Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Automotive Usage-Based Insurance Market

15.1. Western Europe Automotive Usage-Based Insurance Market Overview

15.2. Western Europe Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Automotive Usage-Based Insurance Market

16.1. UK Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Automotive Usage-Based Insurance Market

17.1. Germany Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Automotive Usage-Based Insurance Market

18.1. France Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Automotive Usage-Based Insurance Market

19.1. Italy Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Automotive Usage-Based Insurance Market

20.1. Spain Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Automotive Usage-Based Insurance Market

21.1. Eastern Europe Automotive Usage-Based Insurance Market Overview

21.2. Eastern Europe Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Automotive Usage-Based Insurance Market

22.1. Russia Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Automotive Usage-Based Insurance Market

23.1. North America Automotive Usage-Based Insurance Market Overview

23.2. North America Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Automotive Usage-Based Insurance Market

24.1. USA Automotive Usage-Based Insurance Market Overview

24.2. USA Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Automotive Usage-Based Insurance Market

25.1. Canada Automotive Usage-Based Insurance Market Overview

25.2. Canada Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Automotive Usage-Based Insurance Market

26.1. South America Automotive Usage-Based Insurance Market Overview

26.2. South America Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Automotive Usage-Based Insurance Market

27.1. Brazil Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Automotive Usage-Based Insurance Market

28.1. Middle East Automotive Usage-Based Insurance Market Overview

28.2. Middle East Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Automotive Usage-Based Insurance Market

29.1. Africa Automotive Usage-Based Insurance Market Overview

29.2. Africa Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Automotive Usage-Based Insurance Market Competitive Landscape And Company Profiles

30.1. Automotive Usage-Based Insurance Market Competitive Landscape

30.2. Automotive Usage-Based Insurance Market Company Profiles

30.2.1. State Farm Overview, Products and Services, Strategy and Financial Analysis

30.2.2. MetLife Services and Solutions LLC Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Nationwide Mutual Insurance Company Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Allstate Insurance Company Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Progressive Casualty Insurance Company Overview, Products and Services, Strategy and Financial Analysis

31. Automotive Usage-Based Insurance Market Other Major And Innovative Companies

31.1. Chubb Limited

31.2. The Travelers Indemnity Company

31.3. Aviva plc

31.4. Government Employees Insurance Company (GEICO)

31.5. MAPFRE SA

31.6. American Family Insurance

31.7. Mitsui Sumitomo Insurance Group

31.8. Bajaj Finserv Limited

31.9. Verisk Analytics Inc.

31.10. Liberty Mutual Group Inc.

31.11. Root Insurance Company

31.12. The Zebra

31.13. Lemonade Inc.

31.14. Berjaya Sompo Insurance Berhad

31.15. Arity LLC

32. Global Automotive Usage-Based Insurance Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Automotive Usage-Based Insurance Market

34. Recent Developments In The Automotive Usage-Based Insurance Market

35. Automotive Usage-Based Insurance Market High Potential Countries, Segments and Strategies

35.1 Automotive Usage-Based Insurance Market In 2029 - Countries Offering Most New Opportunities

35.2 Automotive Usage-Based Insurance Market In 2029 - Segments Offering Most New Opportunities

35.3 Automotive Usage-Based Insurance Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Automotive Usage-Based Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Automotive Usage-Based Insurance Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Automotive Usage-Based Insurance Market, Sub-Segmentation Of Pay-As-You-Drive (PAYD), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Automotive Usage-Based Insurance Market, Sub-Segmentation Of Pay-How-You-Drive (PHYD), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Automotive Usage-Based Insurance Market, Sub-Segmentation Of Manage-How-You-Drive (MHYD), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Global Automotive Usage-Based Insurance Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Global Automotive Usage-Based Insurance Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Asia-Pacific, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: Asia-Pacific, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: Asia-Pacific, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: China, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: China, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: China, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: India, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: India, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: India, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: Japan, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Japan, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Japan, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Australia, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Australia, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Australia, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Indonesia, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: Indonesia, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: Indonesia, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: South Korea, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: South Korea, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: South Korea, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: Western Europe, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: Western Europe, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: Western Europe, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: UK, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: UK, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: UK, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: Germany, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: Germany, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: Germany, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: France, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: France, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: France, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: Italy, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Italy, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Italy, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Spain, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Spain, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Spain, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Eastern Europe, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Eastern Europe, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Eastern Europe, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Russia, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: Russia, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: Russia, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: North America, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: North America, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: North America, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: USA, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: USA, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: USA, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: Canada, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: Canada, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: Canada, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: South America, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: South America, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: South America, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: Brazil, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Brazil, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Brazil, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Middle East, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Middle East, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Middle East, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Africa, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Africa, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 78: Africa, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 79: State Farm Financial Performance

Table 80: MetLife Services and Solutions LLC Financial Performance

Table 81: Nationwide Mutual Insurance Company Financial Performance

Table 82: Allstate Insurance Company Financial Performance

Table 83: Progressive Casualty Insurance Company Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Automotive Usage-Based Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Automotive Usage-Based Insurance Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Automotive Usage-Based Insurance Market, Sub-Segmentation Of Pay-As-You-Drive (PAYD), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Automotive Usage-Based Insurance Market, Sub-Segmentation Of Pay-How-You-Drive (PHYD), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Automotive Usage-Based Insurance Market, Sub-Segmentation Of Manage-How-You-Drive (MHYD), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Global Automotive Usage-Based Insurance Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Global Automotive Usage-Based Insurance Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Asia-Pacific, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: Asia-Pacific, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: Asia-Pacific, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: China, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: China, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: China, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: India, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: India, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: India, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: Japan, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Japan, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Japan, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Australia, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Australia, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Australia, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Indonesia, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: Indonesia, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: Indonesia, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: South Korea, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: South Korea, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: South Korea, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: Western Europe, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: Western Europe, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: Western Europe, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: UK, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: UK, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: UK, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: Germany, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: Germany, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: Germany, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: France, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: France, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: France, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: Italy, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Italy, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Italy, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Spain, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Spain, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Spain, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Eastern Europe, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Eastern Europe, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Eastern Europe, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Russia, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: Russia, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: Russia, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: North America, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: North America, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: North America, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: USA, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: USA, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: USA, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: Canada, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: Canada, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: Canada, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: South America, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: South America, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: South America, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: Brazil, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Brazil, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Brazil, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Middle East, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Middle East, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Middle East, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Africa, Automotive Usage-Based Insurance Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Africa, Automotive Usage-Based Insurance Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 78: Africa, Automotive Usage-Based Insurance Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 79: State Farm Financial Performance

Figure 80: MetLife Services and Solutions LLC Financial Performance

Figure 81: Nationwide Mutual Insurance Company Financial Performance

Figure 82: Allstate Insurance Company Financial Performance

Figure 83: Progressive Casualty Insurance Company Financial Performance

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Frequently Asked Questions

What is the definition of the Automotive Usage-Based Insurance market?

How will the Automotive Usage-Based Insurance market drivers and restraints affect the market dynamics? What forces will shape the Automotive Usage-Based Insurance industry going forward?

The Automotive Usage-Based Insurance market major growth driver - Growing Vehicle Ownership Boosts Growth Of The Automotive Usage-Based Insurance Market. For further insights on the Automotive Usage-Based Insurance market, request a sample here

What is the forecast market size or the forecast market value of the Automotive Usage-Based Insurance market?

The Automotive Usage-Based Insurance market size has grown strongly in recent years. The automotive usage-based insurance market size has grown rapidly in recent years. It will grow from $48.9 billion in 2024 to $57.91 billion in 2025 at a compound annual growth rate (CAGR) of 18.4%. The growth in the historic period can be attributed to rising insurance premiums, the growth of connected vehicles, the need for improved risk assessment, regulatory changes favoring usage-based models, and the adoption of mobile apps. The automotive usage-based insurance market size is expected to see rapid growth in the next few years. It will grow to $112.35 billion in 2029 at a compound annual growth rate (CAGR) of 18.0%. The growth in the forecast period can be attributed to advancements in AI and machine learning, enhanced data privacy and security measures, integration with smart home technology, growth in subscription-based insurance models, and rising environmental concerns. Major trends in the forecast period include integration of AI and machine learning for enhanced risk assessment, the rise of personalized and flexible insurance models, increasing adoption of telematics in electric vehicles, the incorporation of real time data from connected and autonomous vehicles, and growth in subscription-based. For further insights on the Automotive Usage-Based Insurance market, request a sample here

How is the Automotive Usage-Based Insurance market segmented?

The automotive usage-based insurance market covered in this report is segmented –
1) By Type: Pay-As-You-Drive (PAYD), Pay-How-You-Drive (PHYD), Manage-How-You-Drive (MHYD)
2) By Vehicle Type: Passenger Cars, Commercial Vehicles
3) By Technology: Black Box, On-Board Diagnostics (OBD)-II, Embedded, Smartphone, Other Technologies
4) By Distribution Channel: Insurance Companies, Aggregator Platforms
5) By End-User: Individual Consumers, Fleet Owners Or Managers
Subsegments:
1) By Pay-As-You-Drive (PAYD): Distance-Based PAYD Insurance, Time-Based PAYD Insurance, Geographical PAYD Insurance
2) By Pay-How-You-Drive (PHYD): Driving Behavior-Based PHYD Insurance, Speed And Acceleration-Based PHYD Insurance, Risk-Based PHYD Insurance (Harsh Braking, Cornering)
3) By Manage-How-You-Drive (MHYD): Telematics-Driven MHYD Insurance, Driver Coaching And Feedback-Based MHYD, Risk Reduction And Safety-Enhanced MHYD For further insights on the Automotive Usage-Based Insurance market, request a sample here

Which region has the largest share of the Automotive Usage-Based Insurance market? What are the other regions covered in the report?

North America was the largest region in the automotive usage based insurance market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive usage-based insurance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the Automotive Usage-Based Insurance market, request a sample here.

Who are the major players in the Automotive Usage-Based Insurance market?

What are the key trends in the Automotive Usage-Based Insurance market?

Major trends in the Automotive Usage-Based Insurance market include Innovative Approaches To Personalized Insurance Premiums. For further insights on the Automotive Usage-Based Insurance market, request a sample here.

What are the major opportunities in the Automotive Usage-Based Insurance market? What are the strategies for the Automotive Usage-Based Insurance market?

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How does the Automotive Usage-Based Insurance market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the Automotive Usage-Based Insurance industry?

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What are the key dynamics influencing the Automotive Usage-Based Insurance market growth? SWOT analysis of the Automotive Usage-Based Insurance market.

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