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Global Automotive Telematics Insurance Market: Focus on Usage-based Insurance (UBI) , Smartphone, Hardwired, OBD, Aftermarket, OEM Fitment, Supply Chain, Passenger Vehicle, and Commercial Vehicle - Analysis and Forecast, 2018-2022

Global Automotive Telematics Insurance Market: Focus on Usage-based Insurance (UBI) , Smartphone, Hardwired, OBD, Aftermarket, OEM Fitment, Supply Chain, Passenger Vehicle, and Commercial Vehicle - Analysis and Forecast, 2018-2022

Telematics is a smart solution which connects a vehicle to a data/analytics center, thus enabling the tracking of its condition during various operations. The advanced level of telematics is the integration of human psychology or human behavior with data collected in real time. A major emerging market within the automotive telematics industry is the insurance market. Automotive telematics insurance has been in the market since the 1990’s, though its penetration level in the conventional insurance domain has been very low. Since 2005, the market activities such as emerging technology players in Europe and North America, growth in telematics system in vehicles, advancement of smartphone capabilities, and low cost of networking and communication have led to exponential growth. The growth of social media has resulted in a higher application-based online user time, thus widening the scope of app-based smartphone services. Significant countries which have deployed automotive telematics insurance are the U.S., the U.K., Italy, Canada, Singapore, and Japan, among others.

An insurer utilizes telematics digital opportunity to enhance its automotive insurance business model. The advantages of automotive telematics insurance are throughout all levels of the supply chain. It can increase the profitability for the insurer and end user, higher customer engagement and feedbacks, and induce a sense of safe driving through various direct/indirect programs. The global automotive telematics insurance market supply chain has the following levels: service/platform solution providers, device manufacturers, insurance companies, system integrators, and end users.

The purpose of this research study is to analyze the market and derive answers for the following questions which would impact the future of the automotive telematics insurance market. The questions are as follows:

  • What are the major market drivers, challenges, and opportunities in the global automotive telematics insurance market?
  • What is the service flow in the global automotive telematics insurance market?
  • What was the market value of the leading segments and sub-segments of the global automotive telematics insurance market in 2017?
  • How will each segment of the global automotive telematics insurance market grow during the forecast period 2018-2022?
  • What are the factors which influence the market demand for various devices used in the global automotive telematics insurance market?
  • How will the industry evolve during the forecast period 2018-2022?
  • What are the key developmental strategies that are implemented by the key players to sustain in this market?
  • Who are the key players in the automotive telematics insurance market and what are their contributions?
  • What are the region-specific key growth factors that would drive the market through the forecast period for the Americas, EMEA, and APAC?
  • What is the scope of automotive telematics insurance in the emerging economies of APAC?
The report includes an exhaustive analysis of the geographical split into the Americas, EMEA, and APAC. Each geographical region analysis details the individual driving and restraining forces acting in the market in addition to the key players from that particular region.

The report examines the role of the leading market players involved in the industry. The Company Profiles section includes highlights of significant information about the key companies involved along with their financial positions, key strategies, and developmental activities of recent years (2015-2018). Some of the key players analyzed in the report are Octo Telematics, CalAmp, Agero Inc, AXA Group, Cambridge Mobile Technology, Intelligent Mechatronic System, The Floow Ltd, The Progressive Corporation, TomTom, Trakm8 Group, and TrueMotion Inc, among others.


Executive Summary
1 Market Dynamics
1.1 Global Automotive Telematics Insurance Market Definition
1.1.1 Introduction
1.1.2 Market Drivers
1.1.2.1 High Customer Engagement through UBI Platform
1.1.2.2 UBI Offers Better Pricing and Feature Flexibility for End Users
1.1.2.3 Growing Number of Fraud Claims and Increasing Insurance Premiums
1.1.3 Market Restraints
1.1.3.1 Data Management and Security
1.1.3.2 Automotive Insurance Market Resistance toward Digital Solution
1.1.3.3 Automotive telematics insurance Market has a low penetration
1.1.3.4 Myths about Automotive Telematics Insurance
1.1.4 Market Opportunities
1.1.4.1 Growth in Autonomous Driving Systems
1.1.4.2 Growing Focus on Safe Driving Habits and Vehicle Health Management
2 Competitive Insights
2.1 Introduction
2.2 Key Developments and Strategies
2.2.1 Market Position of Key Players
3 Industry Insights
3.1 Supply Chain
3.2 Business Models
3.2.1 Telematics Data in Usage-based Insurance Business
4 Global Automotive Telematics Insurance Market (by DeviceType)
4.1 Assumptions and Limitations for Market Size Calculations
4.2 Overview
4.2.1 Market Analysis and Forecast
4.3 Hardwired
4.4 On-board Device (OBD)
4.5 Smartphone
4.6 Embedded
5 Global Automotive Telematics Insurance Market (by Distribution Channels)
5.1 Overview
5.1.1 Market Analysis and Forecast
5.2 Aftermarket
5.3 OEM
6 Global Automotive Telematics Insurance Market (by Vehicle Type)
6.1 Overview
6.1.1 Factors Defining Vehicle Type
6.1.2 Market Analysis and Forecast
6.2 Passenger Vehicle
6.2.1 Case Study
6.3 Commercial Vehicle
6.3.1 Case Study
7 Global Automotive Telematics Insurance Market (by Region)
7.1 Overview
7.1.1 Regional Dynamics of Automotive Industry
7.1.2 Market Analysis and Forecasting
7.2 The Americas
7.2.1 Growth Factors
7.2.2 The U.S.
7.2.3 Canada
7.2.4 Mexico
7.2.5 Rest-of-Americas
7.3 EMEA
7.3.1 Growth Factors
7.3.2 The U.K.
7.3.3 Italy
7.3.4 Rest-of-EMEA
7.4 APAC
7.4.1 Growth Factors
7.4.2 Japan
7.4.3 Singapore
7.4.4 Rest–of-APAC
8 Company Profiles
8.1 Overview
8.2 Agero Inc.
8.2.1 Company Overview
8.2.2 Corporate Summary
8.2.3 Product Offering
8.2.4 SWOT Analysis
8.3 Amodo Ltd.
8.3.1 Company Overview
8.3.2 Corporate Summary
8.3.3 Product Portfolio
8.3.4 SWOT Analysis
8.4 AXA Group
8.4.1 Company Overview
8.4.2 Corporate Summary
8.4.3 Product Offerings
8.4.4 Financials
8.4.4.1 Financial Summary
8.4.5 SWOT Analysis
8.5 Baseline Telematics
8.5.1 Company Overview
8.5.2 Product Offerings
8.5.3 SWOT Analysis
8.6 CalAmp Corp.
8.6.1 Company Overview
8.6.2 Corporate Summary
8.6.3 Product Portfolio
8.6.4 Financials
8.6.4.1 Financial Summary
8.6.5 SWOT Analysis
8.7 Cambridge Mobile Telematics
8.7.1 Company Overview
8.7.2 Corporate Summary
8.7.3 SWOT Analysis
8.8 Insure Telematics Solutions
8.8.1 Company Overview
8.8.2 Corporate Summary
8.8.3 Product Offerings
8.8.4 SWOT Analysis
8.9 Intelligent Mechatronic Systems
8.9.1 Company Overview
8.9.2 Corporate Summary
8.9.3 Product Offerings
8.9.4 SWOT Analysis
8.10 Octo Telematics Ltd
8.10.1 Company Overview
8.10.2 Corporate Summary
8.10.3 Product and Service Offering
8.10.4 SWOT Analysis
8.11 The Floow Limited
8.11.1 Company Overview
8.11.2 Product Offerings
8.11.3 SWOT Analysis
8.12 The Progressive Corporation
8.12.1 Company Overview
8.12.2 Corporate Summary
8.12.3 Financials
8.12.3.1 Financial Summary
8.12.4 SWOT Analysis
8.13 TomTom
8.13.1 Company Overview
8.13.2 Corporate Summary
8.13.3 Product Offering
8.13.4 Financials
8.13.4.1 Financial Summary
8.13.5 SWOT Analysis
8.14 Trakm8 Group
8.14.1 Company Overview
8.14.2 Corporate Summary
8.14.3 Product Offerings
8.14.4 Financials
8.14.4.1 Financial Summary
8.14.5 SWOT Analysis
8.15 TrueMotion Inc.
8.15.1 Company Overview
8.15.2 Product Offerings
8.15.3 SWOT Analysis
8.16 Verizon Communications, Inc.
8.16.1 Company Overview
8.16.2 Product Offering
8.16.3 Financials
8.16.3.1 Financial Summary
8.16.4 SWOT Analysis
9 Annexure
9.1 Scope and Methodology
9.1.1 Report Scope
9.1.2 Automotive Telematics Insurance Market Research Methodology
List of Tables
Table 1.1 Impact Analysis of Driver and Restrains in Global Automotive Telematics Insurance Market, 2017 and 2022
Table 3.1 Automotive Telematics Insurance Market: Key Player Capability
Table 3.2 Market Offerings for Various Automotive Telematics Insurance Solutions
Table 4.1 Rating Table for Various Product Types
Table 4.2 Global Automotive Telematics Insurance Market (by Device Type), Million Units, 2017-2022
Table 4.3 Factors Impacting the Hardwired Automotive Telematics Insurance Market, 2018-2022
Table 4.4 Global Hardwired Automotive Telematics Insurance Market, Million Units, 2017-2022
Table 4.5 Factor Impacting the ODB Automotive Telematics Insurance Market, 2018-2022
Table 4.6 Global OBD Automotive Telematics Insurance Market, Million Units, 2017-2022
Table 4.7 Global Smartphone Automotive Telematics Insurance Market, Million Unit, 2017-2022
Table 4.8 Factor Impacting the Smartphone Automotive Telematics Insurance Market 2018-2022
Table 4.9 Global Embedded Automotive Telematics Insurance Market, Million Units, 2017-2022
Table 4.10 Automotive Telematics Insurance Market by Distribution Channel, Million Units, 2017-2022
Table 6.1 Parked Vehicle Volume Estimation (Million Units), 2017-2022
Table 6.2 Vehicle categorization in the U.S. and the U.K.
Table 6.3 Vehicle Segment Definition for PV Segment
Table 6.4 Global Automotive PV Telematics Insurance Market (Million Units), 2017-2022
Table 6.5 Various Cases in Automotive Telematics Insurance Industry
Table 6.6 Global CV Automotive Telematics Insurance Market (Million Units), 2017-2022
Table 6.7 Various cases in Automotive Telematics Insurance Industry
Table 7.1 Major Regional Dynamics of Automotive Industry2017
Table 7.2 Company Operations for Global Automotive Telematics Insurance Market (by Region)
Table 7.3 Global Automotive Telematics Insurance Market (by Region), Million Units, 2017-2022
Table 7.4 Americas Automotive Telematics Insurance Market (by Country), Million Units, 2017-2022
Table 7.5 Growth Factors for Americas Automotive Telematics Insurance Market, 2018-2022
Table 7.6 EMEA Automotive Telematics Insurance Market by Country (Million Units), 2017-2022
Table 7.7 Growth Factors EMEA Automotive Telematics Insurance Market, 2018-2022
Table 7.8 Approximate Saving Table with Telematics Insurance 2016-2022
Table 7.9 APAC Automotive Telematics Insurance Market (by Country), Million Units, 2017-2022
Table 7.10 Y-o-y Growth Factors for APAC Automotive Telematics Insurance Market, 2018-2022
List of Figures
Figure 1 Global Automotive Parked Vehicle Volume, 2016-2022
Figure 2 Global Automotive Telematics Insurance Market Snapshot, 2017-2022
Figure 3 Global Automotive Telematics Insurance Market Share (by Device Type), 2017 and 2022
Figure 4 Global Automotive Telematics Insurance Market (by Distribution Channel), 2017 and 2022
Figure 5 Global Automotive Telematics Insurance Market (by Vehicle Type), 2017 and 2022
Figure 6 Global Automotive Telematics Insurance Market (by Region), 2017 and 2022
Figure 1.1 Global Automotive Telematics Insurance Market Dynamics
Figure 1.2 Customer Engagements by Automotive Telematics Insurance
Figure 1.5 Factors affecting automotive telematics insurance market growth
Figure 2.1 Shares of Key Market Strategies and Developments
Figure 2.2 Automotive Telematics Insurance Market: Key Strategies, 2015-2018
Figure 4.1 Types of Devices for Automotive Telematics Insurance Market
Figure 4.2 Market Share (by Device Type), 2017 and 2022
Figure 4.3 Global Hardwired Automotive Telematics Insurance Market, 2017-2022
Figure 4.4 Information Flow Path for OBD-based Automotive Telematics Insurance Products
Figure 4.5 Global OBD Automotive Telematics Insurance Market, 2017-2022
Figure 4.6 Global Smartphone Automotive Telematics Insurance Market, 2017-2022
Figure 4.7 Global Embedded Automotive Telematics Insurance Market, 2017-2022
Figure 5.1 Factors Impacting Adoption of Automotive Telematics Insurance in Distribution Channels
Figure 5.2 Global Automotive Telematics Insurance Market Share (by Distribution Channel), 2017 and 2022
Figure 5.3 Global Automotive Aftermarket Telematics Insurance Market, 2017-2022
Figure 5.4 Global Automotive OEM Telematics Insurance Market, 2017-2022
Figure 5.5 Global Automotive Telematics Insurance OEM Market Share (by Region), 2017 and 2022
Figure 6.1 Market Share (by Vehicle Type), 2017 and 2022
Figure 6.2 Global Automotive PV Telematics Insurance Market, 2017-2022
Figure 6.3 Key Data Points Recorded by Telematics in CV
Figure 6.4 Global CV Automotive Telematics Insurance Market, 2017-2022
Figure 7.1 Regional Automotive Telematics Insurance Market, 2017
Figure 7.2 Global Automotive Telematics Insurance Market Share (by Region), 2017to 2022
Figure 7.3 Americas Automotive Telematics Insurance Market, 2017-2022
Figure 7.4 Factors Impacting Buying Choices of Consumers for the U.S. Automotive Telematics Insurance Market
Figure 7.5 U.S. Automotive Telematics Insurance Market, 2017-2022
Figure 7.6 Canada Automotive Telematics Insurance Market, 2017-2022
Figure 7.7 Mexico Automotive Telematics Insurance Market, 2017-2022
Figure 7.8 Rest of Americas Automotive Telematics Insurance Market, 2017-2022
Figure 7.9 EMEA Automotive Telematics Insurance Market, 2017-2022
Figure 7.10 EMEA Automotive Telematics Insurance Market Share, 2017 and 2022
Figure 7.11 The U.K. Automotive Telematics Insurance Market, Growth Factors
Figure 7.12 U.K. Automotive Telematics Insurance Market, 2017-2022
Figure 7.13 Italy Automotive Telematics Insurance Market, 2017-2022
Figure 7.14 Rest-of-EMEA Automotive Telematics Insurance Market, 2017-2022
Figure 7.15 Japan Automotive Telematics Insurance Market, 2017-2022
Figure 7.16 Singapore Automotive Telematics Insurance Market, 2017-2022
Figure 7.17 Rest-of-APAC Automotive Telematics Insurance Market, 2017-2022
Figure 8.1 Automotive Telematics Insurance Companies Share (by Function Type), 2017
Figure 8.2 Agero Inc.: Product Offering
Figure 8.3 Agero Inc.: SWOT Analysis
Figure 8.4 Amodo Ltd: Product Offerings
Figure 8.5 Amodo Ltd.: SWOT Analysis
Figure 8.6 AXA Group: Product Offerings
Figure 8.7 AXA Group: Overall Financials, 2016-2017
Figure 8.8 AXA Group: Revenues by Business Segments, 2015-2016
Figure 8.9 AXA Group: SWOT Analysis
Figure 8.10 Baseline Telematics: Product Offerings
Figure 8.11 Baseline Telematics: SWOT Analysis
Figure 8.12 CalAmp Corp: Product Offerings
Figure 8.13 CalAmp Corp: Overall Financials, 2015-2017
Figure 8.14 CalAmp Corp: Net Revenue by Business Segment, 2015-2017
Figure 8.15 CalAmp Corp.: SWOT Analysis
Figure 8.16 Cambridge Mobile Telematics: Product Offerings
Figure 8.17 Cambridge Mobile Telematics: SWOT Analysis
Figure 8.18 Insure Telematics Solutions: Product Offerings
Figure 8.19 Insure Telematics Solutions: SWOT Analysis
Figure 8.20 Intelligent Mechatronic Systems: Product Offerings
Figure 8.21 Intelligent Mechatronic Systems: SWOT Analysis
Figure 8.22 Octo Telematics Ltd.: Product and Service Offering
Figure 8.23 Octo Telematics Ltd: SWOT Analysis
Figure 8.24 The Floow Limited: Product Offerings
Figure 8.25 The Floow Limited: SWOT Analysis
Figure 8.26 The Progressive Corporation: Product Offerings
Figure 8.27 The Progressive Corporation: Overall Financials, 2015-2017
Figure 8.28 The Progressive Corporation: Net Revenue by Business Segment, 2015-2017
Figure 8.29 The Progressive Corporation: SWOT Analysis
Figure 8.30 TomTom: Product Offerings
Figure 8.31 TomTom: Overall Financials, 2015-2017
Figure 8.32 TomTom: Net Revenue by Business Segment, 2015-2017
Figure 8.33 TomTom: Net Revenue by Region, 2015-2017
Figure 8.34 TomTom: SWOT Analysis
Figure 8.35 Trakm8 Group: Product Offerings
Figure 8.36 Trakm8 Group: Overall Financials, 2015-2016
Figure 8.37 Trakm8 Group: SWOT Analysis
Figure 8.38 TrueMotion Inc.: Product Offerings
Figure 8.39 TrueMotion Inc.: SWOT Analysis
Figure 8.40 Verizon Communication Inc.: Product Offerings
Figure 8.41 Verizon Communications Inc.: Overall Financials, 2015-2017
Figure 8.42 Verizon Communications Inc.: Net Revenue by Business Segment, 2015-2017
Figure 8.43 Verizon Communications, Inc.: SWOT Analysis
Figure 9.1 Global Automotive Telematics Insurance Market Scope
Figure 9.2 Secondary Data Sources
Figure 9.3 Top-Down and Bottom-Up Approach
Figure 9.4 Automotive Telematics Insurance Market Influencing Factors
Figure 9.5 Global Automotive Telematics Insurnace Market Assumption and Limitation 2017-2022

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