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Global Usage Based Insurance Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Jul 02, 2025
Length 149 Pages
SKU # BOSS20193086

Description

Report Overview

Usage-based insurance (UBI) is a type of auto insurance that calculates premiums based on the actual driving behavior of the policyholder, typically monitored through telematics devices, mobile apps, or onboard diagnostics. These systems collect data such as mileage, speed, braking patterns, acceleration, time of day, and location to assess risk more accurately than traditional models. By leveraging real-time driving data, insurers can offer personalized pricing, rewarding safe drivers with lower premiums while adjusting rates for those with riskier habits. UBI programs often include pay-as-you-drive (PAYD) or pay-how-you-drive (PHYD) models, providing flexibility and cost savings for low-mileage or cautious drivers. The growing adoption of connected car technologies, increasing consumer demand for fairer pricing, and advancements in data analytics have fueled the expansion of UBI, making it a disruptive force in the auto insurance industry. Regulatory support, along with partnerships between insurers and telematics providers, further accelerates its adoption, particularly in regions with high insurance costs or dense urban populations. However, challenges such as data privacy concerns, varying consumer acceptance, and the need for robust cybersecurity measures may impact widespread implementation. Despite these hurdles, UBI is poised for significant growth as insurers and policyholders increasingly prioritize transparency, customization, and cost efficiency.

The global Usage Based Insurance market size was estimated at USD 5750.0 million in 2024, exhibiting a CAGR of 15.00% during the forecast period.

This report provides a deep insight into the global Usage Based Insurance market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Usage Based Insurance Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Usage Based Insurance market in any manner.

Global Usage Based Insurance Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Allianz

AllState

Aviva

AXA

Generalli

Gropama

Insure the Box

Liberty Mutual

MAIF

Progressive

State Farm

UnipoSai

Uniqa

Market Segmentation (by Type)

Passenger Vehicle

Commercial Vehicle

Market Segmentation (by Application)

Automobile Company

Personal

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Usage Based Insurance Market

Overview of the regional outlook of the Usage Based Insurance Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Usage Based Insurance Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Usage Based Insurance, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

149 Pages
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Usage Based Insurance
1.2 Key Market Segments
1.2.1 Usage Based Insurance Segment by Type
1.2.2 Usage Based Insurance Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Usage Based Insurance Market Overview
2.1 Global Market Overview
2.1.1 Global Usage Based Insurance Market Size (M USD) Estimates and Forecasts (2020-2033)
2.1.2 Global Usage Based Insurance Sales Estimates and Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Usage Based Insurance Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Usage Based Insurance Product Life Cycle
3.3 Global Usage Based Insurance Sales by Manufacturers (2020-2025)
3.4 Global Usage Based Insurance Revenue Market Share by Manufacturers (2020-2025)
3.5 Usage Based Insurance Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global Usage Based Insurance Average Price by Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
3.8 Usage Based Insurance Market Competitive Situation and Trends
3.8.1 Usage Based Insurance Market Concentration Rate
3.8.2 Global 5 and 10 Largest Usage Based Insurance Players Market Share by Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Usage Based Insurance Industry Chain Analysis
4.1 Usage Based Insurance Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Usage Based Insurance Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 PEST Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Usage Based Insurance Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions and Their Impacts to Usage Based Insurance Market
5.7 ESG Ratings of Leading Companies
6 Usage Based Insurance Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Usage Based Insurance Sales Market Share by Type (2020-2025)
6.3 Global Usage Based Insurance Market Size Market Share by Type (2020-2025)
6.4 Global Usage Based Insurance Price by Type (2020-2025)
7 Usage Based Insurance Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Usage Based Insurance Market Sales by Application (2020-2025)
7.3 Global Usage Based Insurance Market Size (M USD) by Application (2020-2025)
7.4 Global Usage Based Insurance Sales Growth Rate by Application (2020-2025)
8 Usage Based Insurance Market Sales by Region
8.1 Global Usage Based Insurance Sales by Region
8.1.1 Global Usage Based Insurance Sales by Region
8.1.2 Global Usage Based Insurance Sales Market Share by Region
8.2 Global Usage Based Insurance Market Size by Region
8.2.1 Global Usage Based Insurance Market Size by Region
8.2.2 Global Usage Based Insurance Market Size Market Share by Region
8.3 North America
8.3.1 North America Usage Based Insurance Sales by Country
8.3.2 North America Usage Based Insurance Market Size by Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Usage Based Insurance Sales by Country
8.4.2 Europe Usage Based Insurance Market Size by Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Usage Based Insurance Sales by Region
8.5.2 Asia Pacific Usage Based Insurance Market Size by Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Usage Based Insurance Sales by Country
8.6.2 South America Usage Based Insurance Market Size by Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East and Africa
8.7.1 Middle East and Africa Usage Based Insurance Sales by Region
8.7.2 Middle East and Africa Usage Based Insurance Market Size by Region
8.7.3 Saudi Arabia Market Overview
8.7.4 UAE Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Usage Based Insurance Market Production by Region
9.1 Global Production of Usage Based Insurance by Region(2020-2025)
9.2 Global Usage Based Insurance Revenue Market Share by Region (2020-2025)
9.3 Global Usage Based Insurance Production, Revenue, Price and Gross Margin (2020-2025)
9.4 North America Usage Based Insurance Production
9.4.1 North America Usage Based Insurance Production Growth Rate (2020-2025)
9.4.2 North America Usage Based Insurance Production, Revenue, Price and Gross Margin (2020-2025)
9.5 Europe Usage Based Insurance Production
9.5.1 Europe Usage Based Insurance Production Growth Rate (2020-2025)
9.5.2 Europe Usage Based Insurance Production, Revenue, Price and Gross Margin (2020-2025)
9.6 Japan Usage Based Insurance Production (2020-2025)
9.6.1 Japan Usage Based Insurance Production Growth Rate (2020-2025)
9.6.2 Japan Usage Based Insurance Production, Revenue, Price and Gross Margin (2020-2025)
9.7 China Usage Based Insurance Production (2020-2025)
9.7.1 China Usage Based Insurance Production Growth Rate (2020-2025)
9.7.2 China Usage Based Insurance Production, Revenue, Price and Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Allianz
10.1.1 Allianz Basic Information
10.1.2 Allianz Usage Based Insurance Product Overview
10.1.3 Allianz Usage Based Insurance Product Market Performance
10.1.4 Allianz Business Overview
10.1.5 Allianz SWOT Analysis
10.1.6 Allianz Recent Developments
10.2 AllState
10.2.1 AllState Basic Information
10.2.2 AllState Usage Based Insurance Product Overview
10.2.3 AllState Usage Based Insurance Product Market Performance
10.2.4 AllState Business Overview
10.2.5 AllState SWOT Analysis
10.2.6 AllState Recent Developments
10.3 Aviva
10.3.1 Aviva Basic Information
10.3.2 Aviva Usage Based Insurance Product Overview
10.3.3 Aviva Usage Based Insurance Product Market Performance
10.3.4 Aviva Business Overview
10.3.5 Aviva SWOT Analysis
10.3.6 Aviva Recent Developments
10.4 AXA
10.4.1 AXA Basic Information
10.4.2 AXA Usage Based Insurance Product Overview
10.4.3 AXA Usage Based Insurance Product Market Performance
10.4.4 AXA Business Overview
10.4.5 AXA Recent Developments
10.5 Generalli
10.5.1 Generalli Basic Information
10.5.2 Generalli Usage Based Insurance Product Overview
10.5.3 Generalli Usage Based Insurance Product Market Performance
10.5.4 Generalli Business Overview
10.5.5 Generalli Recent Developments
10.6 Gropama
10.6.1 Gropama Basic Information
10.6.2 Gropama Usage Based Insurance Product Overview
10.6.3 Gropama Usage Based Insurance Product Market Performance
10.6.4 Gropama Business Overview
10.6.5 Gropama Recent Developments
10.7 Insure the Box
10.7.1 Insure the Box Basic Information
10.7.2 Insure the Box Usage Based Insurance Product Overview
10.7.3 Insure the Box Usage Based Insurance Product Market Performance
10.7.4 Insure the Box Business Overview
10.7.5 Insure the Box Recent Developments
10.8 Liberty Mutual
10.8.1 Liberty Mutual Basic Information
10.8.2 Liberty Mutual Usage Based Insurance Product Overview
10.8.3 Liberty Mutual Usage Based Insurance Product Market Performance
10.8.4 Liberty Mutual Business Overview
10.8.5 Liberty Mutual Recent Developments
10.9 MAIF
10.9.1 MAIF Basic Information
10.9.2 MAIF Usage Based Insurance Product Overview
10.9.3 MAIF Usage Based Insurance Product Market Performance
10.9.4 MAIF Business Overview
10.9.5 MAIF Recent Developments
10.10 Progressive
10.10.1 Progressive Basic Information
10.10.2 Progressive Usage Based Insurance Product Overview
10.10.3 Progressive Usage Based Insurance Product Market Performance
10.10.4 Progressive Business Overview
10.10.5 Progressive Recent Developments
10.11 State Farm
10.11.1 State Farm Basic Information
10.11.2 State Farm Usage Based Insurance Product Overview
10.11.3 State Farm Usage Based Insurance Product Market Performance
10.11.4 State Farm Business Overview
10.11.5 State Farm Recent Developments
10.12 UnipoSai
10.12.1 UnipoSai Basic Information
10.12.2 UnipoSai Usage Based Insurance Product Overview
10.12.3 UnipoSai Usage Based Insurance Product Market Performance
10.12.4 UnipoSai Business Overview
10.12.5 UnipoSai Recent Developments
10.13 Uniqa
10.13.1 Uniqa Basic Information
10.13.2 Uniqa Usage Based Insurance Product Overview
10.13.3 Uniqa Usage Based Insurance Product Market Performance
10.13.4 Uniqa Business Overview
10.13.5 Uniqa Recent Developments
11 Usage Based Insurance Market Forecast by Region
11.1 Global Usage Based Insurance Market Size Forecast
11.2 Global Usage Based Insurance Market Forecast by Region
11.2.1 North America Market Size Forecast by Country
11.2.2 Europe Usage Based Insurance Market Size Forecast by Country
11.2.3 Asia Pacific Usage Based Insurance Market Size Forecast by Region
11.2.4 South America Usage Based Insurance Market Size Forecast by Country
11.2.5 Middle East and Africa Forecasted Sales of Usage Based Insurance by Country
12 Forecast Market by Type and by Application (2026-2033)
12.1 Global Usage Based Insurance Market Forecast by Type (2026-2033)
12.1.1 Global Forecasted Sales of Usage Based Insurance by Type (2026-2033)
12.1.2 Global Usage Based Insurance Market Size Forecast by Type (2026-2033)
12.1.3 Global Forecasted Price of Usage Based Insurance by Type (2026-2033)
12.2 Global Usage Based Insurance Market Forecast by Application (2026-2033)
12.2.1 Global Usage Based Insurance Sales (K MT) Forecast by Application
12.2.2 Global Usage Based Insurance Market Size (M USD) Forecast by Application (2026-2033)
13 Conclusion and Key Findings
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