AMA Research & Media LLP

Insurance Telematics Market to Set New Growth Story : Telogis, Agero, Sierra Wireless

Benchmark yourself with strategic steps and conclusions on "Global Insurance Telematics Market". It's intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation.


Edison, NJ -- (SBWIRE) -- 02/04/2021 -- A new business intelligence report released by Advance Market Analytics with title Global Insurance Telematics Market Insights, Forecast to 2025.This report provides a detailed overview of key factors in the Global Insurance Telematics Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. A thorough analysis of these factors has been conducted to determine future growth prospects in the global market. The study covers emerging player's data, including competitive landscape, sales, revenue and global market share of top manufacturers.

Major Players in Market are:
Agero Inc (United States), Aplicom OY (Finland), Masternaut Limited (United Kingdom), Mix Telematics (South Africa), Octo Telematics (United Kingdom), Sierra Wireless (Canada), Telogis (United States) and Trimble Navigation (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are TOMTOM Telematics (TOMTOM) (Netherlands), Verizon Enterprise Solutions (United States), Davis Instruments (United States) and Meta Systems (Italy)

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Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Insurance Telematics Market various segments and emerging territory.

What is Insurance Telematics?
Insurance Telematics is refer as a mode of ensuring the majority of a business with future security, the demand of the market anticipated to rise in the coming years. Insurance telematics devices are mainly used by the company of automobile insurance to track the driving behaviour of the customer, and depending on the driving behaviour of a driver there can be change in the insurance premiums. The telematics market for insurance industry is growing in the next few years steadily, the reason behind this is the decreasing in the cost of connectivity solutions, like wireless and cellular modes and the use of predictive analysis which enables the users to produce the drive risk score from telematics data. According to AMA, the Global Insurance Telematics market is expected to see growth rate of 21.7%.

Insurance Telematics Market Segmentation and Market Data Breakdown:
by Deployment model (Cloud, On-Premises), End User (SME, Large Enterprises)

Market Drivers
- Consumer's Enthusiasm for In-Car Connectivity
- Growth of Smartphone Penetration
- Decreasing Cost of Connectivity Solutions
- Increase in Regulatory Compliance and Regulations

Market Trend
- Increased Traction for Risk Assessment and Management

- Privacy Concerns Associated With Private Data of Individuals
- Lack of Standardised System

- Growing Impetus to IoT
- Increased Demand of Insurance Telematics Across the Insurance and Automotive Sector

- Educating Consumers About Insurance Telematics
- Security Issues Associated With Cloud and Mobile Technologies

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Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

What benefits does AMA research study is going to provide?
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments

Browse in-depth TOC on "Global Insurance Telematics Market Comprehensive Study 2020-2026":

Strategic Points Covered in Table of Content of Global Insurance Telematics Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Insurance Telematics market
Chapter 2: Exclusive Summary – the basic information of the Insurance Telematics Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Insurance Telematics
Chapter 4: Presenting the Insurance Telematics Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Insurance Telematics market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2026)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Insurance Telematics Market is a valuable source of guidance for individuals and companies in their decision framework.

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Data Sources & Methodology
The primary sources involves the industry experts from the Insurance Telematics Market including the management organizations, processing organizations, analytics service providers of the industry's value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

Key questions answered
- Who are the Leading key players and what are their Key Business plans in the Insurance Telematics market?
- What are the key concerns of the five forces analysis of the Insurance Telematics market?
- What are different prospects and threats faced by the dealers in the Insurance Telematics market?
- What are the strengths and weaknesses of the key vendors?

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

About Advance Market Analytics
Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.

Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.