The Global Insurance Telematics Market was valued at USD 1047.17 million in 2016 and is projected to reach USD 5826.52 million by 2025, growing at a CAGR of 21.01% from 2017 to 2025.
Pune, India -- (SBWIRE) -- 04/19/2019 -- Telematics insurance is a way for insurers to analyze the way you drive that allows insurers to calculate risk on the kind of driver you are and adjust the price of your policy accordingly. When fitted in your vehicle, the telematics box will record things like speed, braking patterns and distance travelled, all with the aim to calculate how safe you're driving. Telematics insurance benefits the insurers in several ways including – to find the safe drivers, have new and value-added services, improved underwriting, reduced costs, and helps with claim management.
Key players in details:
TOMTOM Telematics, Trimble Navigation, Verizon Enterprise Solutions, Mix Telematics, Sierra Wireless, Octo Telematics, Masternaut Limited, Agero Inc, Aplicom OY, Telogis and Others.
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The Global Insurance Telematics Market is segmented on the organization size, deployment model, and region.
By Organization Size: Large Enterprises, Small and Medium Organizations
By Deployment Mode: Cloud, On-premises
Insurance Telematics market report comprises key factor which can be useful for any new player in the industry. It is possible due to comparative analysis and overview that is provided in the report. By focusing on all the details in the report, it is more than enough for any newcomers entering the industry so that they can get a better knowledge and study the market before making any strategic decision.
Geographically, this report is segmented into several key Regions, with Sales, Sales, revenue, Market Share (%) and Growth Rate (%) of product in these regions, from 2019 to 2025 (forecast), covering United States, North America (Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa), RoW (Rest of World).
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Table of Contents:
1 Introduction of Global Insurance Telematics Market
2 Executive Summary
3 Research Methodology
4 Global Market outlook
5 Global Insurance Telematics Market Overview
6 Global Insurance Telematics Market by Type
7 Global Insurance Telematics Market by Application
8 Global Market by Geography
9 Global Market Competitive Landscape
10 Company Profiles
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