Global Automotive Telematics Insurance Market: Industry Analysis and forecast 2020 – 2027: By Vehicle Type, Device Type, and Region.

Global Automotive Telematics Insurance Market size is expected to reach US$ 161.91 Bn. by 2027, at a CAGR of 15.6% during the forecast period. To know about the Research Methodology :- Request Free Sample Report

Global Automotive Telematics Insurance Market: Overview

The real time driving monitoring is customized type of motor insurance Automotive Telematics Insurance. The Telematics insurance companies use motion sensor, GPS system, SIM card, and CPU module. The device fitted by telematics insurance companies called as black box. This box is filled next to vehicles On board diagnosis portal. This device transfers all captured data to the insurance companies. According to this data the insurance companies analyze the risk of accident. The customers who drive their own vehicles, they do not use highway, this customers is at low risk at accident though the customer has to pay same premium of insurance as the high risk customers has to pay. The Automotive Telematics Insurance enables the customer option of low premium. The insurance companies offer low premium to such users and attract more customers. The automotive insurance companies are effectively under rate the risk effectively. These factors will increase Global Automotive Telematics Insurance Market.

Global Automotive Telematics Insurance Market: Drivers and Restraints

The Global Automotive Telematics Insurance is expected to grow in future in insurance companies. The current market is majorly driven by the growth of passenger vehicle, which are mostly used by owners having low risk will get low cost insurance option. The real time data collection will give exact prediction of risk of vehicle thus the incurrence companies’ gives custom insurance premium to the customer. Technological advancement in vehicle and connected cars are mainly driving this market. Real time data gathering making vehicle safer by predicting maintenance need and other activities, this market growing with the awareness of insurance among the owner. The usage base premium, and the fraud clams reduction offered by Global Automotive Telematics Insurance is driving market. The automotive industry is facing various issues such as environmental emission control, increasing road safety, and cost of resources with supply chain of this system. This system needs better connectivity needed for data transfer. Such factors are hindering the growth of Global Automotive Telematics Insurance Market.

Global Automotive Telematics Insurance Market: Regional Overview

Global E-Rickshaw Market is segmented into various regions Like Asia Pacific, North America, Europe, South America, and Middle East & Africa. Europe and North America regions are both showing growth in Global Automotive Telematics Insurance Market due to their growing insurance industry. Growing demand in usage base insurance premium is driving the Automotive Telematics Insurance market. The Asia Pacific market is expected to grow in future as the automotive manufacturers provide real time diagnostic option in future vehicles.

Global Automotive Telematics Insurance Market: Segments

Global Automotive Telematics Insurance Market is segmented by Vehicle Type (Passenger Vehicle, Commercial vehicle), by Device Type (Hardwired, On-board Device (OBD), Smartphone, and Embedded) and Region (North America, Europe, Middle East & Africa, South America, and Asia Pacific) The report also helps in understanding Automotive Telematics Insurance Market dynamics, structure by analyzing the market segments and projects the Automotive Telematics Insurance Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Automotive Telematics Insurance Market make the report investor’s guide.

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Automotive Telematics Insurance Market, by Vehicle Type

● Passenger Vehicle ● Commercial Vehicle

Automotive Telematics Insurance Market, by Device Type

● Hardwired ● On-board Device (OBD) ● Smartphone ● Embedded

Automotive Telematics Insurance Market, by Region

● Asia Pacific ● North America ● Europe ● South America ● Middle East & Africa

Key players operating in Automotive Telematics Insurance Market

● Octo Telematics ● CalAmp, Agero Inc ● AXA Group ● Cambridge Mobile Technology ● Intelligent Mechatronic System ● The Floow Ltd ● The Progressive Corporation ● TomTom ● Trakm8 Group ● TrueMotion Inc. ● Robert Bosch GmbH ● AT&T INC. ● Continental AG ● LG Electronics ● Verizon ● Harman International ● Aptiv PLC ● Visteon Corporation ● Magneti Marelli CK Holdings ● Webfleet Solution
Global Automotive Telematics Insurance Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Automotive Telematics Insurance Market Size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Automotive Telematics Insurance Market Analysis and Forecast 6.1. Automotive Telematics Insurance Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Automotive Telematics Insurance Market Analysis and Forecast, By Device Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Automotive Telematics Insurance Market Value Share Analysis, By Device Type 7.4. Automotive Telematics Insurance Market Size (US$ Mn) Forecast, By Device Type 7.5. Automotive Telematics Insurance Market Analysis, By Device Type 7.6. Automotive Telematics Insurance Market Attractiveness Analysis, By Device Type 8. Automotive Telematics Insurance Market Analysis and Forecast, By Vehicle Type 8.1. Introduction and Definition 8.2. Key Findings 8.3. Automotive Telematics Insurance Market Value Share Analysis, By Vehicle Type 8.4. Automotive Telematics Insurance Market Size (US$ Mn) Forecast, By Vehicle Type 8.5. Automotive Telematics Insurance Market Analysis, By Vehicle Type 8.6. Automotive Telematics Insurance Market Attractiveness Analysis, By Vehicle Type 9. Automotive Telematics Insurance Market Analysis, by Region 9.1. Automotive Telematics Insurance Market Value Share Analysis, by Region 9.2. Automotive Telematics Insurance Market Size (US$ Mn) Forecast, by Region 9.3. Automotive Telematics Insurance Market Attractiveness Analysis, by Region 10. North America Automotive Telematics Insurance Market Analysis 10.1. Key Findings 10.2. North America Automotive Telematics Insurance Market Overview 10.3. North America Automotive Telematics Insurance Market Value Share Analysis, By Device Type 10.4. North America Automotive Telematics Insurance Market Forecast, By Device Type 10.4.1. Hardwired 10.4.2. On-board Device (OBD) 10.4.3. Smartphone 10.4.4. Embedded 10.5. North America Automotive Telematics Insurance Market Value Share Analysis, By Vehicle Type 10.6. North America Automotive Telematics Insurance Market Forecast, By Vehicle Type 10.6.1. Passenger Vehicle 10.6.2. Commercial Vehicle 10.7. North America Automotive Telematics Insurance Market Value Share Analysis, by Country 10.8. North America Automotive Telematics Insurance Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Automotive Telematics Insurance Market Analysis, by Country 10.10. U.S. Automotive Telematics Insurance Market Forecast, By Device Type 10.10.1. Hardwired 10.10.2. On-board Device (OBD) 10.10.3. Smartphone 10.10.4. Embedded 10.11. U.S. Automotive Telematics Insurance Market Forecast, By Vehicle Type 10.11.1. Passenger Vehicle 10.11.2. Commercial Vehicle 10.12. Canada Automotive Telematics Insurance Market Forecast, By Device Type 10.12.1. Hardwired 10.12.2. On-board Device (OBD) 10.12.3. Smartphone 10.12.4. Embedded 10.13. Canada Automotive Telematics Insurance Market Forecast, By Vehicle Type 10.13.1. Passenger Vehicle 10.13.2. Commercial Vehicle 10.14. North America Automotive Telematics Insurance Market Attractiveness Analysis 10.14.1. By Device Type 10.14.2. By Vehicle Type 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Automotive Telematics Insurance Market Analysis 11.1. Key Findings 11.2. Europe Automotive Telematics Insurance Market Overview 11.3. Europe Automotive Telematics Insurance Market Value Share Analysis, By Device Type 11.4. Europe Automotive Telematics Insurance Market Forecast, By Device Type 11.4.1. Hardwired 11.4.2. On-board Device (OBD) 11.4.3. Smartphone 11.4.4. Embedded 11.5. Europe Automotive Telematics Insurance Market Value Share Analysis, By Vehicle Type 11.6. Europe Automotive Telematics Insurance Market Forecast, By Vehicle Type 11.6.1. Passenger Vehicle 11.6.2. Commercial Vehicle 11.7. Europe Automotive Telematics Insurance Market Value Share Analysis, by Country 11.8. Europe Automotive Telematics Insurance Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Sweden 11.8.7. Rest of Europe 11.9. Europe Automotive Telematics Insurance Market Analysis, by Country 11.10. Germany Automotive Telematics Insurance Market Forecast, By Device Type 11.10.1. Hardwired 11.10.2. On-board Device (OBD) 11.10.3. Smartphone 11.10.4. Embedded 11.11. Germany Automotive Telematics Insurance Market Forecast, By Vehicle Type 11.11.1. Passenger Vehicle 11.11.2. Commercial Vehicle 11.12. U.K. Automotive Telematics Insurance Market Forecast, By Device Type 11.12.1. Hardwired 11.12.2. On-board Device (OBD) 11.12.3. Smartphone 11.12.4. Embedded 11.13. U.K. Automotive Telematics Insurance Market Forecast, By Vehicle Type 11.13.1. Passenger Vehicle 11.13.2. Commercial Vehicle 11.14. France Automotive Telematics Insurance Market Forecast, By Device Type 11.14.1. Hardwired 11.14.2. On-board Device (OBD) 11.14.3. Smartphone 11.14.4. Embedded 11.15. France Automotive Telematics Insurance Market Forecast, By Vehicle Type 11.15.1. Passenger Vehicle 11.15.2. Commercial Vehicle 11.16. Italy Automotive Telematics Insurance Market Forecast, By Device Type 11.16.1. Hardwired 11.16.2. On-board Device (OBD) 11.16.3. Smartphone 11.16.4. Embedded 11.17. Italy Automotive Telematics Insurance Market Forecast, By Vehicle Type 11.17.1. Passenger Vehicle 11.17.2. Commercial Vehicle 11.18. Spain Automotive Telematics Insurance Market Forecast, By Device Type 11.18.1. Hardwired 11.18.2. On-board Device (OBD) 11.18.3. Smartphone 11.18.4. Embedded 11.19. Spain Automotive Telematics Insurance Market Forecast, By Vehicle Type 11.19.1. Passenger Vehicle 11.19.2. Commercial Vehicle 11.20. Sweden Automotive Telematics Insurance Market Forecast, By Device Type 11.20.1. Hardwired 11.20.2. On-board Device (OBD) 11.20.3. Smartphone 11.20.4. Embedded 11.21. Sweden Automotive Telematics Insurance Market Forecast, By Vehicle Type 11.21.1. Passenger Vehicle 11.21.2. Commercial Vehicle 11.22. Rest of Europe Automotive Telematics Insurance Market Forecast, By Device Type 11.22.1. Hardwired 11.22.2. On-board Device (OBD) 11.22.3. Smartphone 11.22.4. Embedded 11.23. Rest of Europe Automotive Telematics Insurance Market Forecast, By Vehicle Type 11.23.1. Passenger Vehicle 11.23.2. Commercial Vehicle 11.24. Europe Automotive Telematics Insurance Market Attractiveness Analysis 11.24.1. By Device Type 11.24.2. By Vehicle Type 11.25. PEST Analysis 11.26. Key Trends 11.27. Key Developments 12. Asia Pacific Automotive Telematics Insurance Market Analysis 12.1. Key Findings 12.2. Asia Pacific Automotive Telematics Insurance Market Overview 12.3. Asia Pacific Automotive Telematics Insurance Market Value Share Analysis, By Device Type 12.4. Asia Pacific Automotive Telematics Insurance Market Forecast, By Device Type 12.4.1. Hardwired 12.4.2. On-board Device (OBD) 12.4.3. Smartphone 12.4.4. Embedded 12.5. Asia Pacific Automotive Telematics Insurance Market Value Share Analysis, By Vehicle Type 12.6. Asia Pacific Automotive Telematics Insurance Market Forecast, By Vehicle Type 12.6.1. Passenger Vehicle 12.6.2. Commercial Vehicle 12.7. Asia Pacific Automotive Telematics Insurance Market Value Share Analysis, by Country 12.8. Asia Pacific Automotive Telematics Insurance Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. South Korea 12.8.5. Australia 12.8.6. Indonesia 12.8.7. Malaysia 12.8.8. Vietnam 12.8.9. ASEAN 12.8.10. Rest of Asia Pacific 12.9. Asia Pacific Automotive Telematics Insurance Market Analysis, by Country 12.10. China Automotive Telematics Insurance Market Forecast, By Device Type 12.10.1. Hardwired 12.10.2. On-board Device (OBD) 12.10.3. Smartphone 12.10.4. Embedded 12.11. China Automotive Telematics Insurance Market Forecast, By Vehicle Type 12.11.1. Passenger Vehicle 12.11.2. Commercial Vehicle 12.12. India Automotive Telematics Insurance Market Forecast, By Device Type 12.12.1. Hardwired 12.12.2. On-board Device (OBD) 12.12.3. Smartphone 12.12.4. Embedded 12.13. India Automotive Telematics Insurance Market Forecast, By Vehicle Type 12.13.1. Passenger Vehicle 12.13.2. Commercial Vehicle 12.14. Japan Automotive Telematics Insurance Market Forecast, By Device Type 12.14.1. Hardwired 12.14.2. On-board Device (OBD) 12.14.3. Smartphone 12.14.4. Embedded 12.15. Japan Automotive Telematics Insurance Market Forecast, By Vehicle Type 12.15.1. Passenger Vehicle 12.15.2. Commercial Vehicle 12.16. South Korea Automotive Telematics Insurance Market Forecast, By Device Type 12.16.1. Hardwired 12.16.2. On-board Device (OBD) 12.16.3. Smartphone 12.16.4. Embedded 12.17. South Korea Automotive Telematics Insurance Market Forecast, By Vehicle Type 12.17.1. Passenger Vehicle 12.17.2. Commercial Vehicle 12.18. Australia Automotive Telematics Insurance Market Forecast, By Device Type 12.18.1. Hardwired 12.18.2. On-board Device (OBD) 12.18.3. Smartphone 12.18.4. Embedded 12.19. Australia Automotive Telematics Insurance Market Forecast, By Vehicle Type 12.19.1. Passenger Vehicle 12.19.2. Commercial Vehicle 12.20. Indonesia Automotive Telematics Insurance Market Forecast, By Device Type 12.20.1. Hardwired 12.20.2. On-board Device (OBD) 12.20.3. Smartphone 12.20.4. Embedded 12.21. Indonesia Automotive Telematics Insurance Market Forecast, By Vehicle Type 12.21.1. Passenger Vehicle 12.21.2. Commercial Vehicle 12.22. Malaysia Automotive Telematics Insurance Market Forecast, By Device Type 12.22.1. Hardwired 12.22.2. On-board Device (OBD) 12.22.3. Smartphone 12.22.4. Embedded 12.23. Malaysia Automotive Telematics Insurance Market Forecast, By Vehicle Type 12.23.1. Passenger Vehicle 12.23.2. Commercial Vehicle 12.24. Vietnam Automotive Telematics Insurance Market Forecast, By Device Type 12.24.1. Hardwired 12.24.2. On-board Device (OBD) 12.24.3. Smartphone 12.24.4. Embedded 12.25. Vietnam Automotive Telematics Insurance Market Forecast, By Vehicle Type 12.25.1. Passenger Vehicle 12.25.2. Commercial Vehicle 12.26. ASEAN Automotive Telematics Insurance Market Forecast, By Device Type 12.26.1. Hardwired 12.26.2. On-board Device (OBD) 12.26.3. Smartphone 12.26.4. Embedded 12.27. ASEAN Automotive Telematics Insurance Market Forecast, By Vehicle Type 12.27.1. Passenger Vehicle 12.27.2. Commercial Vehicle 12.28. Rest of Asia Pacific Automotive Telematics Insurance Market Forecast, By Device Type 12.28.1. Hardwired 12.28.2. On-board Device (OBD) 12.28.3. Smartphone 12.28.4. Embedded 12.29. Rest of Asia Pacific Automotive Telematics Insurance Market Forecast, By Vehicle Type 12.29.1. Passenger Vehicle 12.29.2. Commercial Vehicle 12.30. Asia Pacific Automotive Telematics Insurance Market Attractiveness Analysis 12.30.1. By Device Type 12.30.2. By Vehicle Type 12.31. PEST Analysis 12.32. Key Trends 12.33. Key Developments 13. Middle East & Africa Automotive Telematics Insurance Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Automotive Telematics Insurance Market Overview 13.3. Middle East & Africa Automotive Telematics Insurance Market Value Share Analysis, By Device Type 13.4. Middle East & Africa Automotive Telematics Insurance Market Forecast, By Device Type 13.4.1. Hardwired 13.4.2. On-board Device (OBD) 13.4.3. Smartphone 13.4.4. Embedded 13.5. Middle East & Africa Automotive Telematics Insurance Market Value Share Analysis, By Vehicle Type 13.6. Middle East & Africa Automotive Telematics Insurance Market Forecast, By Vehicle Type 13.6.1. Passenger Vehicle 13.6.2. Commercial Vehicle 13.7. Middle East & Africa Automotive Telematics Insurance Market Value Share Analysis, by Country 13.8. Middle East & Africa Automotive Telematics Insurance Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Automotive Telematics Insurance Market Analysis, by Country 13.10. GCC Automotive Telematics Insurance Market Forecast, By Device Type 13.10.1. Hardwired 13.10.2. On-board Device (OBD) 13.10.3. Smartphone 13.10.4. Embedded 13.11. GCC Automotive Telematics Insurance Market Forecast, By Vehicle Type 13.11.1. Passenger Vehicle 13.11.2. Commercial Vehicle 13.12. South Africa Automotive Telematics Insurance Market Forecast, By Device Type 13.12.1. Hardwired 13.12.2. On-board Device (OBD) 13.12.3. Smartphone 13.12.4. Embedded 13.13. South Africa Automotive Telematics Insurance Market Forecast, By Vehicle Type 13.13.1. Passenger Vehicle 13.13.2. Commercial Vehicle 13.14. Rest of Middle East & Africa Automotive Telematics Insurance Market Forecast, By Device Type 13.14.1. Hardwired 13.14.2. On-board Device (OBD) 13.14.3. Smartphone 13.14.4. Embedded 13.15. Rest of Middle East & Africa Automotive Telematics Insurance Market Forecast, By Vehicle Type 13.15.1. Passenger Vehicle 13.15.2. Commercial Vehicle 13.16. Middle East & Africa Automotive Telematics Insurance Market Attractiveness Analysis 13.16.1. By Device Type 13.16.2. By Vehicle Type 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Automotive Telematics Insurance Market Analysis 14.1. Key Findings 14.2. South America Automotive Telematics Insurance Market Overview 14.3. South America Automotive Telematics Insurance Market Value Share Analysis, By Device Type 14.4. South America Automotive Telematics Insurance Market Forecast, By Device Type 14.4.1. Hardwired 14.4.2. On-board Device (OBD) 14.4.3. Smartphone 14.4.4. Embedded 14.5. South America Automotive Telematics Insurance Market Value Share Analysis, By Vehicle Type 14.6. South America Automotive Telematics Insurance Market Forecast, By Vehicle Type 14.6.1. Passenger Vehicle 14.6.2. Commercial Vehicle 14.7. South America Automotive Telematics Insurance Market Value Share Analysis, by Country 14.8. South America Automotive Telematics Insurance Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Automotive Telematics Insurance Market Analysis, by Country 14.10. Brazil Automotive Telematics Insurance Market Forecast, By Device Type 14.10.1. Hardwired 14.10.2. On-board Device (OBD) 14.10.3. Smartphone 14.10.4. Embedded 14.11. Brazil Automotive Telematics Insurance Market Forecast, By Vehicle Type 14.11.1. Passenger Vehicle 14.11.2. Commercial Vehicle 14.12. Mexico Automotive Telematics Insurance Market Forecast, By Device Type 14.12.1. Hardwired 14.12.2. On-board Device (OBD) 14.12.3. Smartphone 14.12.4. Embedded 14.13. Mexico Automotive Telematics Insurance Market Forecast, By Vehicle Type 14.13.1. Passenger Vehicle 14.13.2. Commercial Vehicle 14.14. Rest of South America Automotive Telematics Insurance Market Forecast, By Device Type 14.14.1. Hardwired 14.14.2. On-board Device (OBD) 14.14.3. Smartphone 14.14.4. Embedded 14.15. Rest of South America Automotive Telematics Insurance Market Forecast, By Vehicle Type 14.15.1. Passenger Vehicle 14.15.2. Commercial Vehicle 14.16. South America Automotive Telematics Insurance Market Attractiveness Analysis 14.16.1. By Device Type 14.16.2. By Vehicle Type 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Vehicles, and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Vehicles 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Octo Telematics 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Development Footprint 15.3.2. CalAmp, Agero Inc 15.3.3. AXA Group 15.3.4. Cambridge Mobile Technology 15.3.5. Intelligent Mechatronic System 15.3.6. The Floow Ltd 15.3.7. The Progressive Corporation 15.3.8. TomTom 15.3.9. Trakm8 Group 15.3.10. TrueMotion Inc. 15.3.11. Robert Bosch GmbH 15.3.12. AT&T INC. 15.3.13. Continental AG 15.3.14. LG Electronics 15.3.15. Verizon 15.3.16. Harman International 15.3.17. Aptiv PLC 15.3.18. Visteon Corporation 15.3.19. Magneti Marelli CK Holdings 15.3.20. Webfleet Solution 16. Primary Key Insights

About This Report

Report ID 73659
Category Automotive and Transportation
Published Date Oct 2020
Updated Date
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