Automotive Usage Based Insurance
                     Automotive Usage Based Insurance
Market
The automotive usage based insurance market was valued at US$ 19.64 billion 
in 2019 and is expected to reach US$ 124.02 billion by 2027; it is estimated to 
grow at a CAGR of 26.0% during 2020–2027.
𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨 | 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞, 𝐂𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞! - 
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5
Market Insights–Automotive Usage Based Insurance
Market
The increasing traction of Mobility-as-a-Service (MaaS) among the 
consumers is leading the third party service providers to 
procure increased count of vehicles so as to enhance the 
customer experience
Strategic Insights
Report Coverage Details
Market Size Value in US$ 19.64 Billion in 2019
Market Size Value by US$ 124.02 Billion by 2027
Growth rate CAGR of 26.0% from 2020-2027
Forecast Period 2020-2027
Company Profiles
•Allstate Insurance Company
•AXA SA
•Allianz SE
•Metromile, Inc.
• Ingenie Services Limited
•Liberty Mutual Insurance Company
•Octo Telematics S.p.A
• Sierra Wireless, Inc.
•TomTom Telematics BV
•Vodafone Automotive
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