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North America Usage Based Insurance Market- Industry Trends and Forecast to 2026

North America Usage Based Insurance Market- Industry Trends and Forecast to 2026

North America usage-based insurance market is expected to reach a CAGR of 19.3% 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 (U.S., Canada, Mexico)

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 19.6% in the forecast period 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 19.8% 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 18.7% 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 20.2% 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 19.8% 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 20.1% in the forecast period of 2019 to 2026.

Key Market Players

The key market players for North America 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 North America 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 North America 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 North America 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 North America Usage-based Insurance Market, By Device Offering
8.1 Overview
8.1.1 Bring Your Own Device
8.1.2 Company Provided
9 North America 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 North America Usage-based Insurance Market, By Vehicle Age
10.1 Overview
10.1.1 On-road Vehicles
10.1.2 New Vehicles
11 North America 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 North America Usage-based Insurance Market, By Geography
12.1 North America
12.1.1 U.S.
12.1.2 Canada
12.1.3 Mexico
13 North America Usage-based Insurance Market, Company Landscape
13.1 Company Share Analysis: North America
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
Table 1 North America Usage-based Insurance Market, By Package Type, 2017-2026 (Usd Million)
Table 2 North America Pay-as-you-drive (Payd) Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 3 North America Pay-how-you-drive (Phyd) Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 4 North America Manage-how-you-drive (Mhyd) Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 5 North America Usage-based Insurance Market, By Vehicle Type, 2017-2026 (Usd Million)
Table 6 North America Light-duty Vehicle (Ldv) Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 7 North America High-duty Vehicle (Hdv) Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 8 North America Usage-based Insurance Market, By Device Offering, 2017-2026, (Usd Million)
Table 9 North America Bring Your Own Device (Byod) Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 10 North America Company Provided Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 11 North America Usage-based Insurance Market, By Technology, 2017-2026, (Usd Million)
Table 12 North America Embedded System Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 13 North America Smartphone Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 14 North America Black Box Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 15 North America Obd-ii Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 16 North America Others Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 17 North America Usage-based Insurance Market, By Vehicle Age, 2017-2026, (Usd Million)
Table 18 North America On-road Vehicles Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 19 North America New Vehicles Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 20 North America Usage-based Insurance Market, By Electric And Hybrid Vehicle, 2017-2026, (Usd Million)
Table 21 North America Battery Electric Vehicle (Bev) Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 22 North America Plug-in Hybrid Vehicle (Phev) Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 23 North America Hybrid Electric Vehicle (Hev) Usage-based Insurance Market, By Region, 2017-2026, (Usd Million)
Table 24 North America Usage-based Insurance Market, By Country, 2017-2026, (Usd Million)
Table 25 North America Usage-based Insurance Market, By Package Type, 2017-2026, (Usd Million)
Table 26 North America Usage-based Insurance Market, By Vehicle Type, 2017-2026, (Usd Million)
Table 27 North America Usage-based Insurance Market, By Device Offering, 2017-2026, (Usd Million)
Table 28 North America Usage-based Insurance Market, By Technology, 2017-2026, (Usd Million)
Table 29 North America Usage-based Insurance Market, By Vehicle Age, 2017-2026, (Usd Million)
Table 30 North America Usage-based Insurance Market, By Electric And Hybrid Vehicle, 2017-2026, (Usd Million)
Table 31 U.S. Usage-based Insurance Market, By Package Type, 2017-2026, (Usd Million)
Table 32 U.S. Usage-based Insurance Market, By Vehicle Type, 2017-2026, (Usd Million)
Table 33 U.S. Usage-based Insurance Market, By Device Offering , 2017-2026, (Usd Million)
Table 34 U.S. Usage-based Insurance Market, By Technology, 2017-2026, (Usd Million)
Table 35 U.S. Usage-based Insurance Market, By Vehicle Age, 2017-2026, (Usd Million)
Table 36 U.S. Usage-based Insurance Market, By Electric And Hybrid Vehicle, 2017-2026, (Usd Million)
Table 37 Canada Usage-based Insurance Market, By Package Type, 2017-2026, (Usd Million)
Table 38 Canada Usage-based Insurance Market, By Vehicle Type, 2017-2026, (Usd Million)
Table 39 Canada Usage-based Insurance Market, By Device Offering, 2017-2026, (Usd Million)
Table 40 Canada Usage-based Insurancemarket, By Technology, 2017-2026, (Usd Million)
Table 41 Canada Usage-based Insurance Market, By Vehicle Age, 2017-2026, (Usd Million)
Table 42 Canada Usage-based Insurance Market, By Electric And Hybrid Vehicle, 2017-2026, (Usd Million)
Table 43 Mexico Usage-based Insurance Market, By Package Type, 2017-2026, (Usd Million)
Table 44 Mexico Usage-based Insurance Market, By Vehicle Type, 2017-2026, (Usd Million)
Table 45 Mexico Usage-based Insurance Market, By Device Offering , 2017-2026, (Usd Million)
Table 46 Mexico Usage-based Insurancemarket, By Technology, 2017-2026, (Usd Million)
Table 47 Mexico Usage-based Insurance Market, By Vehicle Age, 2017-2026, (Usd Million)
Table 48 Mexico Usage-based Insurance Market, By Electric And Hybrid Vehicle, 2017-2026, (Usd Million)
List Of Figures
Figure 1 North America Usage-based Insurance Market: Segmentation
Figure 2 North America Usage-based Insurance Market: Data Triangulation
Figure 3 North America Usage-based Insurance Market: Research Snapshot
Figure 4 North America Usage-based Insurance Market Bottom Up Approach
Figure 5 North America Usage-based Insurance Market Top Down Approach
Figure 6 North America Usage-based Insurance Market: Interview Demographics
Figure 7 North America Usage-based Insurance Market: Dbmr Market Position Grid
Figure 8 North America Usage-based Insurance Market: The Market Challenge Matrix
Figure 9 North America Usage-based Insurance Market: The Market Timeline
Figure 10 North America Usage-based Insurance Market: The Multivariate Model
Figure 11 North America Usage-based Insurance Market: Dbmr Vendor Share Analysis
Figure 12 Drivers, Restraints, Opportunities, And Challenges Of North America Usage Based Insurance Market
Figure 13 North America Is Expected To Dominate The Market For Usage-based Insurance Market Whereas Asia Pacific Is Expected To Be Growing With The Highest Cagr In The Forecast Period From 2019 To 2026
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 North America Usage-based Insurance Market In 2019 & 2026
Figure 16 North America Usage-based Insurance Market, By Package Type, 2018
Figure 17 North America Usage-based Insurance Market, By Vehicle Type, 2018
Figure 18 North America Usage-based Insurance Market, By Device Offering, 2018
Figure 19 North America Usage-based Insurance Market, By Technology, 2018
Figure 20 North America Usage-based Insurance Market, By Vehicle Age, 2018
Figure 21 North America Usage-based Insurance Market, By Electric And Hybrid Vehicle, 2018
Figure 22 North America Usage-based Insurance Market: Snapshot (2018)
Figure 23 North America Usage-based Insurance Market: By Country (2018)
Figure 24 North America Usage-based Insurance Market: By Country (2019 & 2026)
Figure 25 North America Usage-based Insurance Market: By Country (2018 & 2026)
Figure 26 North America Usage-based Insurance Market: By Package Type (2019 -2026)
Figure 27 North America Usage-based Insurance Market: Company Share 2017(%)

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