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Middle East and Africa Usage Based Insurance Market- Industry Trends and Forecast to 2026

Middle East and Africa Usage Based Insurance Market- Industry Trends and Forecast to 2026

Middle East and Africa usage-based insurance market is expected to reach a CAGR of 16.1% in the forecast period of 2019 to 2026. The new market report contains data for historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.
Market Segmentation
By Package type (pay-as-you-drive (PAYD), pay-how-you-drive (PHYD), manage-how-you-drive (MHYD)), vehicle type (light-duty vehicle (LDV), heavy-duty vehicles (HDV)), Device offering (company provided, bring your own device (BYOD)), Technology (OBD-II, smartphone, embedded system, black box and others), Vehicle age (new vehicles, on-road vehicles), Electric and hybrid vehicle (hybrid electric vehicle (HEV), plug-in hybrid vehicle (PHEV), battery electric vehicle (BEV)), Country (South Africa and Rest of Middle East and Africa)

Major growing sectors under the market segmentation are as follows:

On the basis of package type, the market is segmented into pay-as-you-drive (PAYD), pay-how-you-drive (PHYD), and manage-how-you-drive (MHYD). In 2019, the pay-as-you-drive (PAYD), market is growing with the highest CAGR of 16.3% in the forecast period of 2019-
2026.

On the basis of vehicle type, the market is segmented into light-duty vehicle (LDV) and heavy-duty vehicles (HDV). In 2018, light-duty vehicle (LDV) market is growing with the highest CAGR of 16.5% in the forecast period of 2019 to 2026.

On the basis of device offering, the market is segmented into company provided and bring your own device (BYOD). The company provided market is growing with the highest CAGR of 15.6% in the forecast period of 2019-2026.

On the basis of technology, the market is segmented into OBD-II, smartphone, embedded system, black box and others. In 2018, embedded system market is growing with the highest CAGR of 16.5% in the forecast period of 2019 to 2026.

On the basis of vehicle age, the market is segmented into new vehicles and on-road vehicles. In 2018, on-road vehicles market is growing with the highest CAGR of 16.5% in the forecast period of 2019 to 2026.

On the basis of electric and hybrid vehicle, the market is segmented into hybrid electric vehicle (HEV), plug-in hybrid vehicle (PHEV) and battery electric vehicle (BEV).In 2018 Battery Electric Vehicle (BEV) market is growing with the highest CAGR of 16.7% in the forecast period of 2019 to 2026.

Key Market Players

The key market players for Middle East and Africa usage based insurance market are listed below:

Intelligent Mechatronic Systems Inc.
TrueMotion
Cambridge Mobile Telematics
Insure The Box Limited
Progressive Casualty Insurance Company
Modus Group LLC
Inseego Corp
Metromile Inc.
The Floow Limited
Vodafone
Allstate Insurance Company
Octo Group
TomTom International
Allianz
AXA Equitable Life Insurance Company
Liberty Mutual Insurance
Verizon, Sierra Wireless
Mapfre, Movitrack Viasat, Inc.
ASSICURAZIONI GENERALI S.P.A.
UNIPOLSAI ASSICURAZIONI S.P.A.

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1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of Middle East And Africa Usage-based Insurance Market
1.4 Currency And Pricing
1.5 Limitation
1.6 Markets Covered
2 Market Segmentation
2.1 Markets Covered
2.2 Geographic Scope
2.3 Year Considered For The Study
2.4 Currency And Pricing
2.5 Research Methodology
2.6 Primary Interviews With Key Opinion Leaders
2.7 Dbmr Market Position Grid
2.8 Dbmr Market Challenge Matrix
2.9 Dbmr Market Timeline
2.10 Dbmr Multivariate Model
2.11 Dbmr Vendor Share Analysis
2.12 Secondary Sources
2.13 Assumptions
3 Market Overview
3.1 Drivers
3.1.1 Accurate And Frequent Data Collection Of Vehicle/ Driver’s Behavior
3.1.2 Rising Adoption Of Telematics Technology In Vehicles
3.1.3 Increasing Demand For Connected Cars
3.2 Restraint
3.2.1 Data Privacy Concern
3.3 Opportunities
3.3.1 Increasing Concern Regarding Driver Safety
3.3.2 Adavancemnt In Automotive Technology Like Electric Cars
3.4 Challenge
3.4.1 High Costing Involved
4 Executive Summary
5 Premium Insights
5.1 Secondary Sources
5.2 Assumptions
5.3 Industry Insights
6 Middle East And Africa Usage-based Insurance Market, By Package Type
6.1 Overview
6.1.1 Pay-as-you-drive (Payd)
6.1.2 Pay-how-you-drive (Phyd)
6.1.3 Manage-how-you-drive (Mhyd)
7 Middle East And Africa Usage-based Insurance Market, By Vehicle Type
7.1 Overview
7.1.1 Light Duty Vehicle (Ldv)
7.1.2 Heavy Duty Vehicle (Hdv)
8 Middle East And Africa Usage-based Insurance Market, By Device Offering
8.1 Overview
8.1.1 Bring Your Own Device
8.1.2 Company Provided
9 Middle East And Africa Usage- Based Insurance Market, By Technology
9.1 Overview
9.1.1 Embedded System
9.1.2 Smartphone
9.1.3 Black Box
9.1.4 Obd-ii
9.1.5 Others
10 Middle East And Africa Usage-based Insurance Market, By Vehicle Age
10.1 Overview
10.1.1 On-road Vehicles
10.1.2 New Vehicles
11 Middle East And Africa Usage-based Insurance Market, By Electric And Hybrid Vehicle
11.1 Overview
11.1.1 Battery Electric Vehicle (Bev)
11.1.2 Plug-in Hybrid Vehicle (Phev)
11.1.3 Hybrid Electric Vehicle (Hev)
12 Middle East And Africa Usage-based Insurance Market, By Geography
12.1 Middle East And Africa
12.1.1 South Africa
12.1.2 Rest Of Middle East And Africa
12.1.3 Egypt
12.1.4 Saudi Arabia
12.1.5 United Arab Emirates
12.1.6 Israel
13 Middle East And Africa Usage-based Insurance Market, Company Landscape
13.1 Company Share Analysis: Middle East And Africa
14 Company Profiles
14.1 Intelligent Mechatronic Systems Inc.
14.1.1 Company Snapshot
14.1.2 Geographical Presence
14.1.3 Service Portfolio
14.1.4 Recent Development
14.2 Truemotion
14.2.1 Company Snapshot
14.2.2 Service Portfolio
14.2.3 Recent Development
14.3 Cambridge Mobile Telematics
14.3.1 Company Snapshot
14.3.2 Service Portfolio
14.3.3 Recent Developments
14.4 Insure The Box Limited
14.4.1 Company Snapshot
14.4.2 Service Portfolio
14.4.3 Recent Developments
14.5 Progressive Casualty Insurance Company
14.5.1 Company Snapshot
14.5.2 Revenue Analysis
14.5.3 Service Portfolio
14.5.4 Recent Development
14.6 Modus Group, Llc.
14.6.1 Company Snapshot
14.6.2 Service Portfolio
14.6.3 Recent Development
14.7 Inseego Corp
14.7.1 Company Snapshot
14.7.2 Revenue Analysis
14.7.1 Service Portfolio
14.7.2 Recent Developments
14.8 Metromile Inc.
14.8.1 Company Snapshot
14.8.2 Service Portfolio
14.8.3 Recent Developments
14.9 The Floow Limited
14.9.1 Company Snapshot
14.9.2 Geographical Presence
14.9.3 Service Portfolio
14.9.4 Recent Developments
14.10 Vodafone
14.10.1 Company Snapshot
14.10.2 Revenue Analysis
14.10.3 Service Portfolio
14.10.4 Recent Developments
14.11 Allstate
14.11.1 Company Snapshot
14.11.2 Revenue Analysis
14.11.3 Service Portfolio
14.11.4 Recent Developments
14.12 Octo Telematics
14.12.1 Company Snapshot
14.12.2 Geographical Presence
14.12.3 Service Portfolio
14.12.4 Recent Developments
14.13 Tomtom
14.13.1 Company Snapshot
14.13.2 Revenue Analysis
14.13.3 Service Portfolio
14.13.4 Recent Developments
14.14 Allianz
14.14.1 Company Snapshot
14.14.2 Revenue Analysis
14.14.3 Service Portfolio
14.14.4 Recent Development
14.15 Axa
14.15.1 Company Snapshot
14.15.2 Revenue Analysis
14.15.3 Service Portfolio
14.15.4 Recent Developments
14.16 Liberty Mutual
14.16.1 Company Snapshot
14.16.2 Revenue Analysis
14.16.3 Service Portfolio
14.16.4 Recent Developments
14.17 Verizon
14.17.1 Company Snapshot
14.17.2 Revenue Analysis
14.17.3 Service Portfolio
14.17.4 Recent Developments
14.18 Sierra Wireless
14.18.1 Company Snapshot
14.18.2 Revenue Analysis
14.18.3 Service Portfolio
14.18.4 Recent Developments
14.19 Mapfre
14.19.1 Company Snapshot
14.19.2 Revenue Analysis
14.19.3 Service Portfolio
14.19.4 Recent Developments
14.20 Movitrack Viasat
14.20.1 Company Snapshot
14.20.2 Service Portfolio
14.20.3 Recent Developments
14.21 Assicurazioni Generali
14.21.1 Company Snap Shot
14.21.2 Revenue Analysis
14.21.3 Service Portfolio
14.21.4 Recent Developments
14.22 Unipolsai Assicurazioni
14.22.1 Company Snapshot
14.22.2 Revenue Analysis
14.22.3 Service Portfolio
14.22.4 Recent Developments
15 Questionnaire
16 Related Reports
List Of Tables
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Table 1 Middle East And Africa Usage-based Insurance Market, By Package Type, 2017-2026 (Usd Million)
Table 2 Middle East And Africa Pay-as-you-drive (Payd) Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 3 Middle East And Africa Pay-how-you-drive (Phyd) Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 4 Middle East And Africa Manage-how-you-drive (Mhyd) Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 5 Middle East And Africa Usage-based Insurance Market, By Vehicle Type, 2017-2026 (Usd Million)
Table 6 Middle East And Africa Light-duty Vehicle (Ldv) Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 7 Middle East And Africa High-duty Vehicle (Hdv) Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 8 Middle East And Africa Usage-based Insurance Market, By Device Offering, 2017-2026, (Usd Million)
Table 9 Middle East And Africa Bring Your Own Device (Byod) Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 10 Middle East And Africa Company Provided Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 11 Middle East And Africa Usage-based Insurance Market, By Technology, 2017-2026, (Usd Million)
Table 12 Middle East And Africa Embedded System Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 13 Middle East And Africa Smartphone Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 14 Middle East And Africa Black Box Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 15 Middle East And Africa Obd-ii Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 16 Middle East And Africa Others Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 17 Middle East And Africa Usage-based Insurance Market, By Vehicle Age, 2017-2026, (Usd Million)
Table 18 Middle East And Africa On-road Vehicles Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 19 Middle East And Africa New Vehicles Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 20 Middle East And Africa Usage-based Insurance Market, By Electric And Hybrid Vehicle, 2017-2026, (Usd Million)
Table 21 Middle East And Africa Battery Electric Vehicle (Bev) Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 22 Middle East And Africa Plug-in Hybrid Vehicle (Phev) Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 23 Middle East And Africa Hybrid Electric Vehicle (Hev) Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 24 Middle East And Africa Usage-based Insurance Market , By Country, 2017-2026, (Usd Million)
Table 25 Middle East And Africa Usage-based Insurance Market, By Package Type, 2017-2026, (Usd Million)
Table 26 Middle East And Africa Usage-based Insurance Market, By Vehicle Type, 2017-2026, (Usd Million)
Table 27 Middle East And Africa Usage-based Insurance Market , By Device Offering, 2017-2026 (Usd Million)
Table 28 Middle East And Africa Usage-based Insurance Market, By Technology, 2017-2026, (Usd Million)
Table 29 Middle East And Africa Usage-based Insurance Market, By Vehicle Age, 2017-2026, (Usd Million)
Table 30 Middle East And Africa Usage-based Insurance Market, By Electric And Hybrid Vehicle, 2017-2026, (Usd Million)
Table 31 South Africa Usage-based Insurance Market , By Country, 2017-2026 (Usd Million)
Table 32 South Africa Usage-based Insurance Market, By Vehicle Type, 2017-2026, (Usd Million)
Table 33 South Africa Usage-based Insurance Market , By Device Offering, 2017-2026 (Usd Million)
Table 34 South Africa Usage-based Insurance Market, By Technology, 2017-2026, (Usd Million)
Table 35 South Africa Usage-based Insurance Market, By Vehicle Age, 2017-2026, (Usd Million)
Table 36 South Africa Usage-based Insurance Market, By Electric And Hybrid Vehicle, 2017-2026, (Usd Million)
Table 37 Rest Of Middle East And Africa Usage-based Insurance Market, By Country, 2017-2026, (Usd Million)
List Of Figures
Figure 1 Middle East And Africa Usage-based Insurance Market: Segmentation
Figure 2 Middle East And Africa Usage-based Insurance Market: Data Triangulation
Figure 3 Middle East And Africa Usage-based Insurance Market: Research Snapshot
Figure 4 Middle East And Africa Usage-based Insurance Market Bottom Up Approach
Figure 5 Middle East And Africa Usage-based Insurance Market Top Down Approach
Figure 6 Middle East And Africa Usage-based Insurance Market: Interview Demographics
Figure 7 Middle East And Africa Usage-based Insurance Market: Dbmr Market Position Grid
Figure 8 Middle East And Africa Usage-based Insurance Market: The Market Challenge Matrix
Figure 9 Middle East And Africa Usage-based Insurance Market: The Market Timeline
Figure 10 Middle East And Africa Usage-based Insurance Market: The Multivariate Model
Figure 11 Middle East And Africa Usage-based Insurance Market: Dbmr Vendor Share Analysis
Figure 12 Drivers, Restraints, Opportunities, And Challenges Of Middle East And Africa Usage Based Insurance Market
Figure 13 Middle East And Africa Usage-based Insurance Market: Segmentation
Figure 14 Increasing Quality Inspection In Automation Is Expected To Drive The Market For Usage-based Insurance Market In The Forecast Period 2019 To 2026
Figure 15 Light Duty Vehicle (Ldv) Is Expected To Account For The Largest Share Of The Middle East And Africa Usage-based Insurance Market In 2019 & 2026
Figure 16 Middle East And Africa Usage-based Insurance Market, By Package Type, 2018
Figure 17 Middle East And Africa Usage-based Insurance Market, By Vehicle Type, 2018
Figure 18 Middle East And Africa Usage-based Insurance Market, By Device Offering, 2018
Figure 19 Middle East And Africa Usage-based Insurance Market, By Technology, 2018
Figure 20 Middle East And Africa Usage-based Insurance Market, By Vehicle Age, 2018
Figure 21 Middle East And Africa Usage-based Insurance Market, By Electric And Hybrid Vehicle, 2018
Figure 22 Middle East And Africa Usage-based Insurance Market: Snapshot (2018)
Figure 23 Middle East And Africa Usage-based Insurance Market: By Country (2018)
Figure 24 Middle East And Africa Usage-based Insurance Market: By Country (2019 & 2026)
Figure 25 Middle East And Africa Usage-based Insurance Market: By Country (2018 & 2026)
Figure 26 Middle East And Africa Usage-based Insurance Market: By Package Type (2019 -2026)
Figure 27 Middle East And Africa Usage-based Insurance Market: Company Share 2017 (%)

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