Usage-Based Insurance Market Latest Trends and Business Opportunities 2022-2031

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Usage-Based Insurance Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021, and the forecast period – 2022-2026, with additional forecasts for 2026-2031. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

TBRC’s market report includes a chapter on the COVID-19 impact on the usage-based insurance industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected usage-based insurance market growth numbers from 2022-2031.

 

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The global usage-based insurance market size is expected to grow from $43.31 billion in 2021 to $54.25 billion in 2022 at a compound annual growth rate (CAGR) of 25.3%. The global usage based insurance market share is then expected to grow to $132.02 billion in 2026 at a CAGR of 24.9%.

View more on the report:

https://www.thebusinessresearchcompany.com/report/usage-based-insurance-global-market-report

The Usage-Based Insurance Global Market Report 2022-31 by The Business Research Company evaluates usage-based insurance market size, growth rate, drivers, usage-based insurance industry trends, and major companies.

 

The usage-based insurance market segments in the report are:

1) By Vehicle Type: Light-Duty Vehicle (LDV), Heavy-Duty Vehicle (HDV)

2) By Technology: OBD-II-Based UBI Programs, Smartphone-Based UBI Programs, Hybrid-Based UBI Programs, Black-Box-Based UBI Programs

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

 

The table of contents in TBRC’s usage-based insurance market report includes:

  1. Executive Summary
  2. Usage Based Insurance Market Characteristics
  3. Usage Based Insurance Market Trends And Strategies
  4. Impact Of COVID-19 On Usage Based Insurance
  5. Usage Based Insurance Market Size And Growth

 

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  1. Usage Based Insurance Market Competitive Landscape And Company Profiles
  2. Key Mergers And Acquisitions In The Usage Based Insurance Market
  3. Usage Based Insurance Market Future Outlook and Potential Analysis

About The Business Research Company:
The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology. It has offices in the UK, the US and India and a network of trained researchers in 20+ countries globally.

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