Usage-Based Insurance Market 2023 : By Share, Size, Growth, Segments, Revenue And Top Manufacturers Analysis


Posted March 23, 2023 by saitbrc

The Business Research Company offers usage based insurance market research report 2023 with industry size, share, segments and market growth
 
The Business Research Company’s Usage-Based Insurance Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Usage-Based Insurance Global Market Report 2023 evaluates usage-based insurance market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global usage-based insurance market size grew from $54.25 billion in 2022 to $67.92 billion in 2023 at a compound annual growth rate (CAGR) of 25.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The usage-based insurance market size is expected to grow to $166.88 billion in 2027 at a CAGR of 25.2%.

The usage-based insurance market segments in the report are:
By Vehicle Type
Light-Duty Vehicle (LDV)
Heavy-Duty Vehicle (HDV)

By Technology
OBD-II-Based UBI Programs
Smartphone-Based UBI Programs
Hybrid-Based UBI Programs
Black-Box-Based UBI Programs

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

North America was the largest region in the usage-based insurance (UBI) market in 2022.

Get More Information On The Usage-Based Insurance Market Report:
https://www.thebusinessresearchcompany.com/report/usage-based-insurance-global-market-report

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. Usage Based Insurance Market - Macro Economic Scenario
5. Usage Based Insurance Market Size And Growth
.............
26. Africa Usage Based Insurance Market
27. Usage Based Insurance Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Usage Based Insurance Market
29. Usage Based Insurance Market Future Outlook and Potential Analysis
30. Appendix

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Tags usage based insurance market share , usage based insurance market , usage based insurance market size , usage based insurance market growth
Last Updated March 23, 2023